Stock News

Burberry Group Plc’ share price up, posts annual profit that beats analysts’ estimates, seeks growth in Japan

The biggest UK luxury-goods manufacturer – Burberry Group Plc made an official statement today, revealing full-year profit, that surpassed analysts estimates. These are the first results posted by the company since the position of Chief Executive Officer was occupied by Mr. Christopher Bailey in May this year. Burberry Group Plc revealed in its statement that […] Read more

Netflix Inc.’s share price up, plans expansion in six European countries, including Germany and France to get more customers

Netflix Inc., which is currently the biggest Internet subscription service in the world, plans to launch its online video service in Germany until the end of 2014. The company revealed that it has shifted its focus to set foot in six European countries, including Germany, France, Belgium, Switzerland, Austria and Luxembourg. This is considered as […] Read more

General Motors Co.’s share price down, seeks to improve its legal department efficiency, recalls another 2.4 million vehicles

People with knowledge of the matter said that General Motors Co., which is the largest auto manufacturer in the U.S., is trying to restore and improve the efficiency of its legal department while it its trying to eliminate the reasons that led to a delay of the vehicle recalls. Moreover, General Motors Co. added another […] Read more

Home Depot Inc.’s share price down, posts 12% net income increase for the first financial quarter, profit trails analysts’ estimates

The biggest home-improvement chain in the U.S. – Home Depot Inc. made an official statement today, revealing its profit for the first quarter , which trailed the analysts estimates, due to the slow improvement of the housing market in the country. Mr. Frank Blake, who is the companys Chairman and Chief Executive Officer said in […] Read more

Vodafone Group Plc’ share price down, posts decreasing service revenue due to European markets’ negative effects

Vodafone Group Plc, which is currently the second-biggest mobile operator by subscribers in the world, posted its results for the fourth quarter. The company reported a service revenue drop for a seventh consecutive quarter and it also revealed its expectations for the full-year earnings. The largest markets of Vodafone Group Plc are currently in Europe, […] Read more

Google Inc.’s share price up, starts acquisition talks with Twitch to add more users and expand reach of YouTube

As revealed by a person familiar with the process, Google Inc. and Twitch Interactive Inc. have held talks over the acquisition of the latter by the technology giant, which is trying to expand the reach of its YouTube website. Google Inc. is considered to be able to add more than 45 million active users on […] Read more

AstraZeneca Plc’ share price down, rejects the final offer of Pfizer, calling it “too low”

AstraZeneca Plc rejected the increased bid of Pfizer Inc. saying that it was too low. The deal would create the largest drug manufacturer in the world, if finalized. Pfizer boosted its bid for AstraZeneca on late Sunday, explaining it is the companys final offer. The bid was estimated to about 120 billion dollars. As reported […] Read more

Google Inc.’s share price up, acquires Divide in order to attract more business customers using smartphones and tablets

Google Inc. made an official statement, revealing that it is to purchase Divide in order to add more services to its portfolio and attract more business customers, who use smartphones and tablets. The company, however did not disclose the price of the acquisition. According to the terms of the deal, the mobile-device software startup Divide […] Read more

Yahoo Japan Corp.’s share price down, cancels its offer for the acquisition of eAccess from SoftBank

The largest Internet portal in Japan – Yahoo Japan Corp. revealed that it has dropped its intentions to purchase eAccess from SoftBank Corp. in a deal estimated to 324 billion yen (3.2 billion dollars) in an attempt to expand its reach in wireless data and voice sectors. According to the information disclosed in Yahoo Japans […] Read more