Stock News

Netflix Inc.’s share price down, third-quarter subscriber growth misses initial company’s forecasts

Netflix Inc. said in a report that its subscriber growth over the third financial quarter failed to reach the initial companys projection due to the fact that new contracts for its video-streaming service were affected by a recent price increase. The Chief Executive Officer of the company, Reed Hastings, and Chief Financial Officer, David Wells, […] Read more

Qualcomm Inc. share price up, agrees to buy U.K. chipmaker CSR Plc

Qualcomm Inc. agreed to buy the UK bluetooth specialist CSR, as the U.S. wireless-technology group aims to expand into the fast growing Internet-of-Things industry. Qualcomm reported that CSRs board has accepted a cash offer of 900 pence a share, a premium of 37% compared to Tuesdays close. People familiar with the matter suggested that Qualcomm […] Read more

Hewlett-Packard Co.’s share price up, to resume its share repurchase program after ending merger negotiations with EMC

Hewlett-Packard Co. revealed in an official statement today that it will resume its share buyback program. This decision of the company eliminated speculations that HP is still considering the takeover of EMC Corp. According to the statement by Hewlett-Packard, its share repurchase program had been stopped due to the possession of “material non-public information”. The […] Read more

Toyota Motor Corp. share price up, launches a massive recall

Toyota Motor Corp. said it would recall more than a million vehicles globally to address three separate defects, two months after being placed under more strict supervision in the U.S. The car manufacturer said a total of 1.75 million cars will be recalled. Around 1.05 million vehicles will be pulled back from Japan and 750 […] Read more

BG Group Plc’ share price down, appoints Statoil’s Helge Lund as Chief Executive Officer after 7-month search for a new leader

BG Group Plc, the third-largest oil and gas producer in the U.K., announced that Helge Lund was appointed at the position of Chief Executive Officer. The former CEO of the company, Mr. Chris Finlayson, left BG Group in April 2014, after spending only 16 months as head of the U.K. oil and gas producer. Chairman […] Read more

Danone share price up, third-quarter revenue beats forecast due to rebound in Asia

On Wednesday, Danone SA reported better-then-expected Q3 revenue, boosted by improving infant food sales in Asia, while it is still trying to recover from a large product recall in the region. The French yogurt maker said that total Q3 sales rose to €5.42 billion from €5.26 billion, up 3% from a year earlier. On an […] Read more

Johnson & Johnson’s share price down, posts a 59% increase of its third-quarter net income and boosts annual earnings forecast

The largest health-care manufacturer in the world – Johnson & Johnson made an official statement that its net income increased over the third quarter of the fiscal year. The company also boosted its annual earnings projection thanks to its new hepatitis C drug called Olysio. Mr. Caruso, the Chief Executive Officer of the company, said […] Read more

Softbank Corp. share price up, acquires online video streaming service DramaFever

SoftBank Corp. has agreed to buy DramaFever, an online video streaming service that provides mostly Korean and Spanish television shows and movies. Tokyo-based SoftBank continues its buying spree of digital content in order to supply the networks it owns, like the U.S. Sprint Corp., which it purchased last year. So far the company has invested […] Read more

Intel Corp. share price up, Q3 performance tops estimates

Intel Corp. reported a rise in Q3 earnings and revenue, and gave a forecast for fourth-quarter revenue above analysts expectations, ensuring that its supply chain was well prepared for the holiday season. The California-based company reported a 12% increase in net income and a 7.9% rise in revenue in the quarter ended September 27. The […] Read more

Yahoo! Inc.’s share price down, to close its office in Amman, Jordan, cutting less than 1% of its global workforce

Yahoo! Inc. announced that it intends to shut down its office located in Amman, Jordan, as the company is seeking to reduce the size of its international operations. A person with knowledge of the situation, who asked not to be identified, because the information is still private, revealed that almost 80 job positions will be […] Read more