WallStAnalyst.com: Tech Companies Sell Non-core Businesses; The Dark Side of Bitcoin
Wall St. Analyst (www.wallstanalyst.com) has announced its comprehensive market summary that analyzes the most relevant news, events, and economic releases. This edition of the newsletter provides an insight into how tech companies are hiving off non-core businesses in order to allow them to focus on their core growth areas. The newsletter also throws the spotlight on how the Bitcoin has lost its sheen in the past week after Bitcoin Foundation was linked with money laundering.
Will China Dominate the US Smartphone Market?
WallStAnalyst.com analyzes the recent move by tech companies to sell off non-core business divisions. This will in turn enable them to focus on highly lucrative and profitable growth areas. Moreover, tech companies are seeing a way out of the overcrowded smartphone and tablet market that has already reached a level of saturation in the US market. On the other hand, Chinese players are viewing this as an opportunity to enter the US smartphone market. More details about the changing dynamics of the smartphone market are available at
http://wallstanalyst.com/research-desk/hot-w/1102-drunken-marriage-ends-in-quick-divorce-peeks-into-google-s-plan-for-the-future
Money Laundering Cramps Bitcoin’s Rising Popularity
In the past week, the rising of Bitcoin’s popularity took a beating after Bitcoin Foundation’s VC was charged with money laundering and links to organized crime. The recent development is a roadblock to BitInstant's plans to widen the Bitcoin ownership and allowing people to buy the digital currency in over 700,000 locations. More details about the Bitcoin’s woes and the regulations put in place are available at
http://wallstanalyst.com/blog/entry/bitcoin-the-dark-side-of-the-coin
Earnings Releases Echo Positive Market Outlook
The earnings releases of some major tech companies this week has surpassed analysts’ expectations and surprised shareholders with generous returns. Many companies are coming up with share buybacks and repurchasing programs to plump up their liquidity. Many others are considering selling off non-core businesses to enable them to focus on cash-generating businesses. Overall, major companies are offering an optimistic outlook for 2014, cheering investors and driving them to the equity markets. More details about the earnings results of various companies are available at
http://wallstanalyst.com/research-desk/market-monitoring/1101-earnings-releases-31-january-2014
Focus Concepts, Sectors, and Companies
Google
Facebook
Harley-Davidson
3M
Visa
Google
Lenova
Samsung
Apple
Avon Products
For more information visit http://wallstanalyst.com/
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