Stock News

Apple Inc share price, patches iCloud service vulnerabilities, to investigate accounts breach along with the FBI

Apple Inc, which is expected to reveal its new iPhones next week, is currently investigating in collaboration with the FBI reports related to leaked photos of celebrities due to vulnerabilities in its iCloud service. The nude photos and videos of celebrities, among which is the the Oscar-winner actress Jennifer Lawrence, were posted by the hackers […] Read more

NK Rosneft’ OAO’s share price up, offers China a stake in its second-biggest oil project

NK Rosneft OAO, Russias state-owned and largest crude oil producer, is offering a stake in one of the companys biggest oil projects to China. The move comes as relations with the West sour over the crisis in Ukraine, and Moscow looks to new friends. Russian President Vladimir Putin revealed the proposed acquisition on Monday, as […] Read more

Alibaba Group Holding plans IPO launch next week

A person with knowledge of the process reported that the Chinese e-commerce giant Alibaba Group Holding Ltd plans to launch its Initial Public Offering in the U.S. early in the week of September 8th, after concluding talks with US authorities, with tentative pricing on Sept. 18 and trading to start the following day. The Chinese […] Read more

Microsoft Corp share price up, anti-trust probe in China deepens

Microsoft Corp, the worlds largest software maker by revenue, logged the highest price of its stock on its Frankfurt listing today, Wall Street being on Labor Day holiday. Shares rose despite Chinese authorities issuing a deadline for the US-based software giant to reply to a query, souring the tone of an ongoing anti-trust investigation. “(A) […] Read more

Iliad SA share price down, negotiates with private-equity firms over an improved offer for Deutsche Telekom’s T-Mobile

People with knowledge of the situation revealed that France-based Iliad SA is currently negotiating with private-equity firms over a partnership that will allow for an improved bid for Deutsche Telekom AGs T-Mobile U.S. Inc. division. Iliads Chief Financial Officer Mr. Thomas Reynaud said at a news conference on Monday that a few interested companies, which […] Read more

Apple Inc. share price up, to partner with Visa, American Express and MasterCard to turn iPhone into a mobile wallet

According to a person with knowledge of the matter, Apple Inc. intends to turn its iPhone into a mobile wallet thanks to the collaboration with major payment networks, banks and retailers. The person, who asked not to be named, because the negotiations are still not public, reported that Visa Inc., American Express Co. and MasterCard […] Read more

Novartis AG share price record high, reveals success of experimental heart failure drug

Novartis AG, the worlds leading drug maker by revenue, saw its stock reach a new all-time high today, after the company announced stunningly successful test results of its new heart failure drug. The announcement at the European Society of Cardiology congress in Barcelona on Saturday revealed the widely anticipated success of the largest heart failure […] Read more

Heineken NV share price up, to sell Mexican packaging division to Crown Holdings for $1.23 billion

Heineken NV, which is currently the third-biggest brewer in the world, revealed in an official statement today that it reached an agreement to sell its packaging operations in Mexico to Crown Holdings Inc. The price of the deal, which is expected to be finalized by the end of the year and is pending regulatory approval, […] Read more

CaixaBank SA share price down, acquires Barclays’ Spain-based banking operations in a $1.1-billion deal

Spains third-biggest bank by market value – CaixaBank SA reached an agreement with Barclays Plc to acquire its Spanish banking operations. Barclays confirmed in an official statement the sale of its retail banking, wealth and investment management, as well as corporate banking operations located in Spain. The deal, estimated to about €800 million ($1.1 billion) […] Read more

Samsung Heavy Industries Co. share price up, to merge with Samsung Engineering

Samsung Heavy Industries Co., the third-biggest shipbuilder in the world, is to merge with Samsung Engineering Co. by the end of the year in a deal estimated at about 2.5 trillion won (~$2.5bn). The move comes as the Samsung conglomerate, or chaebol, is restructuring major businesses in light of new Korean chaebol regulation and a […] Read more