Good news: Tuesday’s new-vehicle sales reports showed that U.S. auto sales rose 6% in March.
That may not seem like huge growth. But after a 3% decline in January and a flat result in February, any sign of momentum is a good one for the industry.
Coming after many months of strong growth, the sluggish results earlier this year raised a troubling question in many investors’ minds: Was it just the weather keeping buyers away from car dealers, or was the economic tide starting to turn for the worse?
Several automakers made a point of saying on Tuesday that the pace of sales improved significantly in late March — a sign that maybe it really was “just the weather.”
Ford (F) stock jumped over 4% on Tuesday as investors’ concerns about slow sales started to ease.
But as more data about March’s sales numbers emerges, it’s starting to look like there might be some reasons to worry after all.
Best Internet Stocks To Invest In Right Now: Symantec Corporation(SYMC)
Symantec Corporation provides security, storage, and systems management solutions internationally. The company?s Consumer segment delivers Internet security, PC tune-up, and online backup solutions and services to individual users and home offices. Its Security and Compliance segment provides solutions for endpoint security and management, compliance, messaging management, data loss prevention, encryption, and authentication services to large, medium, and small-sized businesses, as well as offers solutions through its software-as-a-service (SaaS) security offerings. This segment?s products enable customers to secure, provision, and remotely manage their laptops, PCs, mobile devices, and servers. The company?s Storage and Server Management segment provides storage and server management, backup, archiving, and data protection solutions across heterogeneous storage and server platforms, as well as solutions delivered through its SaaS offerings to large, medium, and small-s iz ed businesses. Symantec?s Services segment offers implementation services and solutions, including consulting, business critical services, education, and managed security services. The company also provides various enterprise support offerings, such as annual maintenance support contracts, including content, upgrades, and technical support. It sells its products through its eCommerce platform, as well as through distributors, direct marketers, Internet-based resellers, system builders, ISPs, and retail locations worldwide. Symantec markets and sells its products through distributors, retailers, direct marketers, Internet-based resellers, original equipment manufacturers, system builders, and Internet service providers; and its e-commerce channels, as well as direct sales force, value-added and large account resellers, and system integrators. The company was founded in 1982 and is headquartered in Mountain View, California.
- [By Damian Illia]
California-based Symantec Corporation (SYMC) is a company that provides Internet security technology, with a wide range of application and software products of content security solutions and information back-up solutions such as firewall, virtual private network (VPN), virus protection, vulnerability management, intrusion detection and other services, offered to individuals and enterprises. Best known for Norton products which provide antivirus protection, identity protection and online backup, Symantec operates in more than 50 countries, and has recently realigned its business into three divisions: User Productivity & Protection, Information Security and Information Management.
- [By Anora Mahmudova]
Symantec Corp. (SYMC) slid 13% after the security-software maker fired Chief Executive Steve Bennett late Thursday and replaced him with board member Michael Brown.
Best Internet Stocks To Invest In Right Now: Yahoo! Inc.(YHOO)
Yahoo! Inc., together with its subsidiaries, operates as a digital media company that delivers personalized digital content and experiences through various devices worldwide. It offers online properties and services to users; and a range of marketing services to businesses. The company?s communications and communities offerings include Yahoo! Mail, Yahoo! Messenger, Yahoo! Groups, Yahoo! Answers, Flickr, and Connected TV, which provide a range of communication and social services to users and small businesses enabling users to organize into groups and share knowledge, common interests, and photos. Its search products comprise Yahoo! Search and Yahoo! Local, available free to users to navigate the Internet and discover content. The company?s marketplaces offerings and services include Yahoo! Shopping, Yahoo! Travel, Yahoo! Real Estate, Yahoo! Autos, and Yahoo! Small Business, which allow users to research specific topics, products, services, or areas of interest by review i ng and exchanging information, obtaining contact details, or considering offers from providers of goods, services, or parties with similar interests. Its media offerings comprise Yahoo! Homepage, Yahoo! News, Yahoo! Sports, Yahoo! Finance, My Yahoo!, Yahoo! Toolbar, Yahoo! Entertainment & Lifestyles, Yahoo! Contributor Network, and Yahoo! Pulse, which are designed to engage users with online content and services on the Web. The company also offers marketing services, such as display and search advertising, listing-based services, and commerce-based transactions to advertisers. In addition, it provides software and platform offerings for third-party developers, advertisers, and publishers, such as Yahoo! Developer Network, Yahoo! Open Strategy, Yahoo! Application Platform, Yahoo! Updates, Yahoo! Query Language, and Yahoo! Search BOSS. The company has strategic alliances with Nokia and ABC News, Inc. Yahoo! Inc. was founded in 1994 and is headquartered in Sunnyvale, Californi a.
- [By Vinay Singh]
Since 2012, Yahoo! (YHOO)’s share price has appreciated strongly, primarily due to the appointment of new CEO Marissa Mayer. The new user-centric approach used by the CEO is about developing customized products and services for its users. During the last few years, Yahoo! has consistently lost market share to competitors such as Google and AOL in several segments.
- [By Pushpa Naresh] e first big move in recent years: It has bought out Blink app, for an undisclosed amount.
Blink is one of the many, all new and exciting messaging apps (which differs from trendsetters like WhatsApp and similar messaging apps) following the SnapChat philosophy: It self-destructs within a user-controlled timespan!
SnapChat has been a newsmaker in recent months, not as much for its hit “disappearing snaps”-based feature, as for the unsuccessful acquisition bid by social media giant Facebook Inc. (FB) for a whopping $3 billion. Where Snapchat allows users to upload photos or snaps which disappear to self-destruct within a few seconds after they viewed/displayed, Blink works on much the same principle for messages, images, videos and more!
Yahoo Inc.’s First Big Acquisition Post-Alibaba IPO Announcement
Much of Yahoo Inc.’s fortunes in the past few quarters are being driven not by internal growth factors but by much of the external “performers” in which it holds critical stake. Alibaba, the Chinese ecommerce giant which is privately held by founders such as Jack Ma and executives along with SoftBank, is the star of Yahoo Inc.’s growth, in which it currently holds a 22.6% stake.
But Stake in Alibaba Is 22.6%, Not 24%
Incidentally, industry analysts had assumed Yahoo Inc.’s stake in Alibaba was much higher at 24% but as per filings before the U.S. Securities and Exchange Commission as part of its Initial Public Offering, Alibaba revealed the actual stake held by the once popular search engine giant!
Ever since Alibaba’s IPO offer has surfaced, analysts have been researching and crunching numbers to note the gains which Yahoo Inc. will hope to see, ever since the downward trend beginning 2006.
Troubled in mid-2006
Yahoo! Inc. (YHOO) despite being the trend setter and technology services innovator for the Internet at the turn of the millennium, ran into troubled financial waters
Best Internet Stocks To Invest In Right Now: eBay Inc.(EBAY)
eBay Inc. provides online platforms, services, and tools to help individuals and merchants in online and mobile commerce and payments in the United States and internationally. Its Marketplaces segment operates ecommerce platform eBay.com; vertical shopping sites, such as StubHub, Fashion, Motors, and Half.com; and classifieds Websites, including Den Bl