Stock News

Vodafone Group Plc’ share price down, posts decreasing service revenue due to European markets’ negative effects

Vodafone Group Plc, which is currently the second-biggest mobile operator by subscribers in the world, posted its results for the fourth quarter. The company reported a service revenue drop for a seventh consecutive quarter and it also revealed its expectations for the full-year earnings. The largest markets of Vodafone Group Plc are currently in Europe, […] Read more

Google Inc.’s share price up, starts acquisition talks with Twitch to add more users and expand reach of YouTube

As revealed by a person familiar with the process, Google Inc. and Twitch Interactive Inc. have held talks over the acquisition of the latter by the technology giant, which is trying to expand the reach of its YouTube website. Google Inc. is considered to be able to add more than 45 million active users on […] Read more

AstraZeneca Plc’ share price down, rejects the final offer of Pfizer, calling it “too low”

AstraZeneca Plc rejected the increased bid of Pfizer Inc. saying that it was too low. The deal would create the largest drug manufacturer in the world, if finalized. Pfizer boosted its bid for AstraZeneca on late Sunday, explaining it is the companys final offer. The bid was estimated to about 120 billion dollars. As reported […] Read more

Google Inc.’s share price up, acquires Divide in order to attract more business customers using smartphones and tablets

Google Inc. made an official statement, revealing that it is to purchase Divide in order to add more services to its portfolio and attract more business customers, who use smartphones and tablets. The company, however did not disclose the price of the acquisition. According to the terms of the deal, the mobile-device software startup Divide […] Read more

Yahoo Japan Corp.’s share price down, cancels its offer for the acquisition of eAccess from SoftBank

The largest Internet portal in Japan – Yahoo Japan Corp. revealed that it has dropped its intentions to purchase eAccess from SoftBank Corp. in a deal estimated to 324 billion yen (3.2 billion dollars) in an attempt to expand its reach in wireless data and voice sectors. According to the information disclosed in Yahoo Japans […] Read more

Apple Inc.’s share price up, reaches an agreement with Google Inc. to drop litigations over smartphone patents

Apple Inc. and Google Inc. announced that they have reached an agreement to set aside one of the multiple differences between them and to settle the litigation over several smartphone patents in their battles referring to intellectual property. The agreement is considered to be following the trend of similar settlements between Apple and some of […] Read more

Deutsche Bank AG’s share price down, sells 60 million shares to the Qatari royal family

The biggest bank in Germany – Deutsche Bank AG made an official statement, revealing that about 60 million if its shares were sold to the Qatari royal family. The bank has set a goal of raising 8 billion euros (11 billion dollars) in its second-largest capital increase. The co-Chief Executive Officers – Jürgen Fitschen and […] Read more

Pfizer Inc.’s share price up, raises its bid for the acquisition of AstraZeneca to 117 billion dollars, offer expires on May 26

Pfizer Inc. said it has made its final offer for AstraZeneca Plc in its attempt to speed up the talks over the eventual acquisition that is the largest one so far for a foreign takeover of a UK company. The US companys bid amounted to 69.4 billion pounds (117 billion dollars). According to the information […] Read more

AT&T Inc.’s share price up, acquires DirecTV for 48.5 billion dollars to join the pay-TV competition in the U.S.

AT&T Inc. and DirecTV made an official statement yesterday, revealing that the two companies are planning to merge. The cash-and-stock purchase of DirecTV is estimated at about 48.5 billion dollars and will bring AT&T more than 38 million video subscribers in the U.S. and in Latin America, turning the company in one of the main […] Read more