Stock News

Amazon share price up, receives approval for outdoor drone testing

Amazon.com Inc was granted a regulatory approval to test its flying drones outdoors, a step forward for the e-commerce giants ambition to start air deliveries. On Thursday the Federal Aviation Administration allowed Amazon to begin testing its drones in open spaces by granting it the “experimental airworthiness certificate”. The largest e-commerce company in the U.S. […] Read more

Next share price down, projects lower sales growth

Next Plc lowered its full-year sales guidance on Thursday after Britains second-largest clothing retailer posted a healthy increase in annual profit. The company projected its Next Brand to deliver sales growth of between 1.5% and 5.5% in the financial year ending January 2016, down from its December forecast of revenue growth in the range of […] Read more

Starbucks share price up, announces a two-for-one stock split

Starbucks Corp. plans to initiate its first stock split in nearly a decade on Wednesday after shares of the worlds largest coffee-house chain hit a record high last month. Over the past three years the value of the companys shares has increased more than 80% and the board decided its time for the sixth stock […] Read more

FedEx share price down, sees lower full-year earnings

FedEx Corps shares took a hit on Wednesday after the worlds largest cargo airline projected lower full-year earnings, despite a huge jump in third-quarter profit. The package delivery company reported a net income of $580 million, or $2.01 a share, for the three months ended February 28, up 53% compared to last years $378 million, […] Read more

Microsoft share price down, to launch Windows 10 this summer

Microsoft Corp announced on Wednesday it will start distributing its latest operating system this summer as the technology giant teams up with top tier Chinese companies to fight widespread piracy in the country. During the Windows Hardware Engineering Community summit, Microsofts executive vice president Terry Myerson said that Windows 10 will launch in 190 countries […] Read more

Facebook share price up, to enable money transfers through Messenger app

Facebook is enabling its U.S. user base to send money to each other through its Messenger application as the social network pushes forward with peer-to-peer money transactions. The Menlo Park, California-based company announced on Tuesday that the new feature to its instant messaging service is expected to be released in the U.S. during the coming […] Read more

Oracle share price up, results hit by robust dollar

Oracle Corp reported flat revenue for the fiscal third-quarter on Tuesday as the software company struggles to cope with the stronger dollar. The Redwood City, California-based company reported sales of $9.3 billion during the three months ended February 28, unchanged compared to the same period a year earlier. The company contributed the results to the […] Read more

Nintendo share price up, Super Mario goes mobile

Nintendo Co announced on Tuesday it had teamed up with mobile game developer DeNA Co to bring its iconic characters like Super Mario, to the world of smartphones and tablets. The Japanese game developer, best known for its home and handheld game consoles, brought a big surprise to the mobile world with the announcement that […] Read more

BHP share price up, recommends South32 spin-off to shareholders

BHP Billiton Ltd said on Tuesday that its board has recommended shareholders to vote in favor of the proposed demerger of South32 as the worlds largest miner tries to weather the storm of falling commodity prices. In August the company announced it would spin-off its nickel, aluminum, coal and other operations into a new company […] Read more

Apple share price down, to introduce online TV service in 2015

Apple Inc is planning to launch a new online TV service this fall after the technology behemoth completes a series of negotiations with media companies. The iPhone maker is close to striking deals with broadcasters, including CBS and Fox, in order to start offering a small bundle of channels, according to people with knowledge on […] Read more