February 6, 2015 2:42 pm
Alcatel-Lucent SA reported another quarter of improved margins as performance benefited from cost cuts and strong results from the French telecoms equipment manufacturers internet routing business. The Paris-based company reported a net income of €271 million, or €0.08 a share, for the three months ended December 31, compared to €134 million, or €0.05 cents a […]
Read moreFebruary 6, 2015 1:17 pm
HTC Corp projected on Friday a further revenue increase in 2015 after the Taiwanese smartphone maker posted its first quarter of revenue growth in more than three years. For the three months ending March 31 HTC projected revenue to range between 41.5 billion New Taiwan dollars and NT$45.0 billion, with the middle of the projection […]
Read moreFebruary 6, 2015 11:13 am
Statoil ASA said on Friday it would reduce spending in 2015 and boost cost cuts as Norway’s largest energy group reported fourth-quarter net loss. For the three months ended December the government-controlled company reported a net loss of NOK 8.9 billion. The figure compares with a net profit of NOK 14.8 billion during the same […]
Read moreFebruary 6, 2015 9:40 am
Twitter Inc reported on Thursday performance above expectations even as the social media company signed up users at a slower rate during the fourth quarter. The company said it added 4 million new users to a total 288 million monthly active customers in the three months ended December 31, or 1.4% higher compared to the […]
Read moreFebruary 5, 2015 4:06 pm
Pfizer Inc agreed to acquire Hospira, provider of injectable drugs and infusion technologies, for around $17 billion, marking the drugmakers first big deal since its failed takeover of AstraZeneca. Pfizer will pay $90 per Hospira share, the New York-based company said in a statement released on Thursday. The price represents 39% premium to the Illinois-based […]
Read moreFebruary 5, 2015 2:44 pm
Daimler AG projected higher demand for its Mercedes brand in China, that would boost earnings in 2015, as the carmaker reported its fourth quarter results. Chief Executive Dieter Zetsche said Daimlers operating profit will jump at least 10% in 2015, boosted by more than 5% increase in sales. During recent years the company has struggled […]
Read moreFebruary 5, 2015 1:21 pm
AstraZeneca Plc announced on Thursday it would buy the rights to Actavis’ branded respiratory drug business as it reported disappointing quarterly performance. Britains second-largest drugmaker said it would pay an initial $600 million in order to distribute Actavis’ Tudorza Pressair and Daliresp drugs in the US and Canada. The two drugs generated around $230 million […]
Read moreFebruary 5, 2015 11:10 am
Vodafone Group Plc reported on Thursday an improvement in revenue drops during the third quarter as the British company benefited from increased traffic on its 4G networks. The worlds second-biggest mobile carrier by subscribers stated a group service revenue, excluding mergers and acquisitions, of £9.79 billion for the three months ended December 31, down 0.4% […]
Read moreFebruary 5, 2015 9:36 am
McDonald’s Holdings Co. (Japan) Ltd. posted on Thursday its first annual loss in eleven years as the fast-food restaurant chain struggled to deal with food scandals through 2014. The Japanese division of the worlds largest fast-food restaurant chain booked a net loss of ¥21.84 billion for the twelve months ended December, versus the ¥5.14 billion […]
Read moreFebruary 4, 2015 4:08 pm
Banco Bilbao Vizcaya Argentaria reported on Wednesday quarterly performance that exceeded projections as the second-largest bank in Spain benefited from continued recovery at home. The company stated net income of €689 million during the three months ended December 31, compared to a loss of €849 million in the fourth quarter of 2013. However, the below-zero […]
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