Stock News

Ford Motor Co share price down, appoints Mark Fields as new Chief Executive Officer

The second-largest car maker in the U.S. – Ford Motor Co. appointed Mr. Mark Fields as a successor of the companys former Chief Executive Officer Mr. Alan Mulally. Now Mr. Mulally leaves the vehicle manufacturer in a considerably better condition than the one he inherited when taking the helm in 2006. The CEO position will […] Read more

Pfizer Inc. share price, increases its bid for AstraZeneca to 106.5 billion dollars to create the world’s largest pharmaceutical company

Pfizer Inc. made an official statement, revealing that it increased its offer for the second-largest drug manufacturer in the U.K. – AstraZeneca Plc to about 63.1 billion pounds (106.5 billion dollars) in an attempt to lure the latter with the idea of negotiations. Pfizer Inc. said in its statement, which was cited by Bloomberg: “Pfizer […] Read more

Lloyds Banking Group Plc share price up, posts a 22% first-quarter profit increase due to reduced costs

The largest mortgage lender in the U.K. – Lloyds Banking Group Plc – made an official statement, announcing that its profit for the first financial quarter increased by 22% due to costs and bad loans reduction. The groups underlying profit rose by more than one-fifth over the first quarter of the current financial year, marking […] Read more

T-Mobile US Inc. share price up, first-quarter customer growth exceeds Verizon and AT&T’s combined results

The shares of T-Mobile US Inc., which is the fourth-largest mobile carrier in the U.S., rose the most in at least five months due to the stable first-quarter customer growth of the company, which managed to add more subscribers compared to its rivals Verizon Communications Inc. and AT&T Inc. The performance of T-Mobile is considered […] Read more

Novo Nordisk A/S share price down, posts an 8% first-quarter net profit increase, but lowers sales and profit forecasts

The worlds largest insulin manufacturer – Novo Nordisk A/S – made an official statement today, announcing that it narrows its projection for the sales and profit in the current financial year due to rising competition and a loss of one of its distributors in the US. According to Novo Nordisk’s statement, the sales over the […] Read more

BSkyB Group’s share price up, posts a 6.6% increase of its nine-month sales due to rising demand and new customers

British Sky Broadcasting Group Plc, which is the largest pay-TV operator by customers in the U.K., made an official statement today, revealing that it is on track for its full-year projections as its nine-month revenue increased by 6.6%, due to attracting new customers with its TV products. The company currently has more than 10 million […] Read more

AT&T Inc.’s share price up, in talks with DirecTV over an eventual acquisition to expand reach in satellite-TV business

According to people with knowledge of the process, who asked not to be identified, the second-largest mobile-phone carrier in the U.S. – AT&T Inc. has approached the satellite-television company DirecTV on the matters of an eventual acquisition. Such a step is considered beneficial to AT&T, because it will provide it with the opportunity to significantly […] Read more

Viacom Inc.’s share price up, set to buy Northern & Shell’s Channel 5 in a 450-million-pound deal to expand reach

According to a person familiar with the matter, who asked not to be identified because the deal is still private, Viacom Inc., which currently owns MTV and Comedy Channel, has reached an agreement with the Northern & Shell to acquire its Channel 5. According to a publication in the Guardian newspaper, the deal is estimated […] Read more

Facebook Inc.’s share price up, introduces a mobile advertising network and new App Links technology

The largest social network in the world – Facebook Inc. is trying to get a better position on the mobile-application business, which is why it revealed some new tools and login options, as well as opportunities for application developers. The launch of the new network is supposed to make Facebook more competitive , especially to […] Read more

EBay Inc.’s share price down, posts first quarter loss, forecasts sales that trail average analysts’ estimates

EBay Inc., the largest online retailer in the world, posted its forecast for the second quarter of the financial year, saying that it expects to generate a revenue between 4.33 and 4.43 billion dollars. This projection trails the median analysts expectation of a 4.4-billion-dollar revenue. Currently, the company has faced some difficulties while trying to […] Read more