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$AMZN's Amazon Web Services has contracted with EDP Renewables to construct and operate a 100 megawatt (MW) wind farm in Paulding County, Ohio, called the Amazon Wind Farm US Central. This new wind farm is seen to start generating about 320,000 MWh of wind energy annually starting in May 2017, or enough to power more than 29,000 US homes in year.
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.
$CSCO shift from hardware to becoming a software behemoth seems to be working for the company so far. Stock has seen a steady rise since the change. But is it sustainable?
Heard about the next generation iPhone. Going by the reports, it is believed that $AAPL will release three iphones this year.
Samsung chief Jay Y. Lee arrested under $36 million bribery charges. Stocks are also down. This is going to impact the sale of its Galaxy 8, set for April release. Here’s an opportunity for $AAPL to capitalize on a rival’s fall.