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USA Stock Report

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Tom Kelly

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The roots of NASCAR began during the prohibition era, which spawned bootlegging, and thusly, the huge sport of NASCAR we know today.  Country boys from the South punched the gas and outran the cops using pure speed.  The same new frontier is taking hold in Drone Racing as ESPN is now covering the Drone Nationals and a derivative industry is born around a product intended...

Boston, MA, 04/22/2014  (usastockreport) –   The overall weekly trend for Staples, Inc. (NASDAQ:SPLS) is down. The stock seems to be forming an inverted head and shoulders pattern in the weekly chart. However, this would only be confirmed once it breaks out of the pattern at around $17.00. The trend deciding level is at $13.30; longs should be considered only after...

Boston, MA, 04/03/2014 (usastockreports) – Advanced Micro Devices, Inc. (NYSE:AMD), made an announcement on April 1, 2014, that the firm has signed an agreement with Mentor Graphics Corp (NASDAQ:MENT) in order to expand the availability of embedded, open source Linux developments for multi-core and heterogeneous processors developed by AMD. The agreement has been solely...

Boston, MA, 04/03/2014  (usastockreports) – The U.S. telecommunication industry is one of the largest industries of the country. The industry is particularly dominated by four major players namely; Verizon Communications Inc. (NYSE:VZ), AT&T Inc. (NYSE:T), T-Mobile US Inc (NYSE:TMUS) and Sprint Corporation (NYSE:S). Verizon being largest player of the U.S. telecommunications...

Boston, MA, 04/03/2014  (usastockreports) – Citigroup Inc (NYSE:C) is having to face criminal probe for fraud at its Mexico unit, reported the New York Times. Citi’s unit in Mexico is under investigation by federal authorities regarding a fraud involving as much as $400 million, as reported by the New York Times. The newspaper even cited people who were briefed on...

Boston, MA 04/01/2014 (usastockreports) – Tesla Motors Inc. (NASDAQ:TSLA) has confirmed that its Chinese branch General Manager, Kingston Chang, has resigned as the company awaits to roll out its expansion plan in the country. China has been seen as the ideal market for the company’s new models in the recent past, awaiting to see what the new turnaround of events,...

Boston, MA, 03/31/2014  (usastockreports)- Cisco Systems Inc. (NASDAQ:CSCO) and four other IT giants, AT&T Inc. (NYSE:T), General Electric Company (NYSE:GE), International Business Machines Corp. (NYSE:IBM) and Intel Corporation (NASDAQ:INTC) have come together at one platform and formed the Industrial Internet Consortium (IIC). The consortium is aimed to encash...

Boston, MA, 03/28/2014  (usastockreports)- The Blackstone Group L.P. (NYSE:BX) is one of the biggest manager of private equity and property in the world. The company has had some great plans for its future and has been on an acquisition spree for some time now in an effort to build itself into a global enterprise with a more prominent place in the economy and market. The...

Boston, MA, 03/26/2014  (usastockreports)- Delta Air Lines, Inc. (NYSE:DAL) is destined for greatness, having gone past the economic turmoil of 2009 that had brought the whole industry into its knees. The airline has been buoyed by a resurgence in revenue growth and net income that has greatly bolstered its free cash flow. Delta Airlines shareholders continue to benefit...

Boston, MA, 03/25/2014  (usastockreports) – Kinross Gold Corporation (USA) (NYSE:KGC), one of the biggest gold miners having operations in Russia, has requested Canada to resolve the standoff with Russia by adopting a “balanced approach”, post annexation of Crimea this month. It is mentionable that Canada has imposed travel bans as well as financial...