Stock News

Roche Holding AG share price down, suffers disappointment from failure of cancer drug trial

Roche Holding AG shares fell by the most in over five years as the Swiss company reported discouraging results from a study of two of its newer breast cancer drugs, dubbed Marianne, curbing hopes for stronger sales in one of its major markets. According to the companys statement, the breast cancer drug Kadcyla did not […] Read more

BlackBerry share price slips as third-quarter revenue misses projections

BlackBerry reported that revenue in the third fiscal quarter failed to reach analysts forecasts due to a steep drop in smartphone sales, signaling the companys difficulties to gain traction. Revenue declined by 34% to $793 million in the three months ended on November 29th, falling short of analysts projections for revenue of $931 million. Chief […] Read more

Samsung share price up, set to double dividend payout

Samsung Electronics announced on Friday it plans to boost its full-year dividend payout by 30% to 50%, as an answer to investors calls for higher returns. The move comes after last months announcement that the South Korean company would buy back $2 billion worth of shares as a part of its restructuring program. The decision […] Read more

Air France KLM share price down, issues a third profit warning

Air France KLM SA announced on Thursday it expects even lower 2014 earnings citing persistent weakness in long-haul markets and the impact of the 14-day pilot strike. The Paris-based company trimmed its projection for earnings before interest, taxes, depreciation and amortization by an additional €200 million to €1.5 billion to €1.6 billion. This is the […] Read more

Atos share price up, to acquire Xerox’s IT outsourcing business

Frances Atos SE agreed to purchase Xeroxs information technology outsourcing business in an €840 million ($1.05 billion) all cash deal, heavily boosting its presence in the US. “Increasing our position in the US is a major step in the completion of our three year strategic plan and responds to a strong demand from our global […] Read more

Samsung Electronics Co. share price up, bids farewell to ChatOn messaging service

Samsung Electronics Co. announced that it will cease support for its mobile-messaging chat service ChatOn early next year after heavily promoting the application in recent years. The ChatOn application was officially released three years ago and is currently available in 237 countries, supports 67 languages, and is run across several platforms, including Android, iOS, BlackBerry, […] Read more

Chevron Corp.’s share price up, to “indefinitely” suspend its plans for oil drilling in the Arctic Beaufort Sea

Chevron Corp. revealed in a letter to the National Energy Board of Canada that it has decided to “indefinitely” cease plans to drill for oil in the Arctic Beaufort Sea. The companys choice was explained to be due to the lack of certainty in the projection of crude prices. The company owns two licenses that […] Read more

Netflix share price up, inks first major US deal

Netflix Inc reported on Wednesday that it struck an agreement with Dish Network Corp. to implement its application into the satellite providers latest set-top units as a part of its expansion to US pay-TV. This is the first deal that the streaming video service inks with a big US pay-TV provider, enabling Netflix to reach […] Read more

IBM share price up, expands international cloud network

IBM announced a plan to increase its data center numbers across the world in order to better compete with other technology companies for a share in the fast-growing demand for online services. IBM said on Wednesday it had reached a deal with Equinix, provider of carrier-neutral data centers, to boost its international network by nine […] Read more