Latest News, Acquisition Updates: McDonald's Corporation, Hewlett-Packard Company, Fab Universal, Federal National Mortgage Association, Youku Tudou
NEW YORK, November 15, 2013 /PRNewswire/ --
Market Buzz Report, a leading penny stock newsletters provider, issues major news alert for McDonald's Corporation(NYSE: MCD), Hewlett-Packard Company(NYSE: HPQ), Fab Universal Corp(NYSEMKT:FU), Federal National Mortgage Association(OTCBB:FNMA), Youku Tudou Inc(NYSE: YOKU).
Executives with McDonald's Corporation (NYSE: MCD) are giving some glimpses on where the company might find growth in the future. Potential initiatives include kiosks in grocery stores, an intensified push into premium beverages, and an expansion of breakfast items in global markets where early-day sales lag. The company will also invest more in its kitchens which could lead to larger grills areas and open up the possibility of all-day breakfast offerings. In emerging markets, McDonald's say franchising and real estate strategies will align with local dynamics.
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Musk visited the injured employees. Hewlett-Packard Company(NYSE: HPQ) and Google are putting a stop on sales of their Chromebook 11 computer after few users said that the device's charger was overheating. The measure announced by the firms comes slightly after a month of unveiling the Chromebook 11 as an affordable alternative to laptops having similar features.
Having a display of about 11.6 inches, its priced at $279. Search engine firm Google confirmed working with Consumer Product Safety Commission for fixing the overheating problem. Currently, the firm has advised users having bought the Chromebook to use other USB chargers.
Is HPQ Still a Buy After The Recent Rally? Get The Special Report Here http://marketbuzzreport.com/index.php?code=HPQ (Or Copy and paste the URL into your browser)
Fab Universal Corp(NYSEMKT:FU) falls after Chinese fraud researcher Alfred Little issues a short report on the Chinese video content distributor, noting that "FAB's anti-piracy claims are a total and complete fraud." AL states that based on the firm's due diligence, FAB's Intelligent Media Kiosks are "loaded with very obviously pirated U.S. movies." The report also claims that FAB's kiosk manufacturers have only supplied 1.6K-1.7K kiosks to the company, or 10% of the claimed 16.8K units deployed. Additionally, AL states that FAB's director of franchisee sales stated that the company only has ~1K kiosk in Beijing, vs. the 3.9K disclosed in a company proxy statement. AL writes that the company faces a significant undisclosed liability due to the company's promise to kiosk franchisees of guaranteed minimum returns and buyback clauses using FU stock.
Free Urgent Insider Catalyst Report For FU Available Here: http://marketbuzzreport.com/index.php?code=FU (Or Copy and paste the URL into your browser)
Federal National Mortgage Association(OTCBB:FNMA) and Freddie Mac preferred shares are up sharply as Bruce Berkowitz takes to CNBC to talk up his recapitalization plans for the GSEs. The Fannie Mae Preferred S series (the most popular vehicle) is ahead 9.7% to $9.70 - in a recap, these would get paid at par, or $25, and Berkowitz is talking about a time frame of June 2014. "We helped before with AIG, it can work with Fannie and Freddie." Other preferred shareholders with whom Berkowitz is trying to garner support include Blackstone, Perry Capital and GSO Capital. His plan is to purchase and recapitalize the mortgage-guarantee business of the GSEs and turn them into state-regulated bond insurers with no federal perks. The nearly $5T in assets and liabilities currently managed by Fannie and Freddie would remain with the government.
Free Urgent Insider Catalyst Report For FNMA Available Here: http://marketbuzzreport.com/index.php?code=FNMA (Or Copy and paste the URL into your browser)
Youku Tudou Inc (NYSE: YOKU) expects Q4 revenue of RMB860M-RMB900M ($141.2M-$147.8M), below a consensus of RMB921.5M ($151.3M). But the company is also forecasting it will achieve non-GAAP profitability in Q4 after posting a $26.1M ($0.16/share) non-GAAP net loss in Q3.The Chinese online/mobile video leader took a page from Netflix in Q3 and decided to accelerate the pace at which it amortized content costs for TV serial dramas and moves, so as to reflect a "new consumption pattern" among viewers. This led Youku's content costs to rise 58% Q/Q to $78.2M and equal 56% of revenue, up from 40% in Q2.If not for the change, content costs would've only totaled $54.6M, +11% Q/Q and 39% of revenue, and non-GAAP net loss would've only amounted to $2.5M.While total revenue rose 14% Q/Q, ad revenue only rose 3%. Bandwidth costs rose 11% Q/Q to $29.7M, and sales/marketing costs rose 5% to $25.7M.
Free Urgent Insider Catalyst Report For YOKU Available Here: http://marketbuzzreport.com/index.php?code=YOKU (Or Copy and paste the URL into your browser)
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