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Stock News

Royal Dutch Shell’s share price up, posts a decreasing first-quarter profit due to higher expenses and lower production

April 30, 2014 11:35 am
The largest oil company in Europe – Royal Dutch Shell Plc made a statement today, saying its profit for the first financial quarter, excluding one-time items and inventory changes, fell by 3% from 7.5 to 7.3 billion dollars, due to increased expenses and amid production drop. The results, however, surpassed the median analysts estimates of […] Read more

Microsoft Corp.’s share price down, releases its Xbox One video-game console on the Chinese market in September through a joint venture

April 30, 2014 8:25 am
Microsoft Corp. made an e-mailed statement yesterday, revealing that it will start offering its Chinese customers the Xbox One video-game console in September this year. This is going to happen about 8 months after the ban imposed by the Chinese regulatory authorities was lifted in January 2014. The ban was imposed by regulators 13 years […] Read more

Twitter Inc.’s share price, posts slow users growth over the first quarter

April 30, 2014 7:32 am
Twitter Inc. made an official statement yesterday, reporting decreasing user growth. The user growth declined to 25% in comparison to the 30% growth posted in the previous period, as the company got 255 million active users over the first quarter of the current financial year. The Chief Executive Officer of Twitter – Mr. Dick Costolo […] Read more

LG Electronics Inc.’s share price up, posts a first-quarter profit that beats analysts’ estimates due to increased demand for large-screen TV sets

April 29, 2014 1:22 pm
The second-largest television manufacturer in the world – LG Electronics Inc. announced its results for the first quarter of the current financial year in an official statement today. The company posted operating profit for the first three months of 2014 that almost doubled analysts forecasts, due to increasing demand for large-screen television sets with high-resolution […] Read more

Comcast Corp.’s share price up, reaches an agreement with Charter Communications to sell subscribers in order to get regulatory approval for TWC deal

April 29, 2014 12:09 pm
Comcast Corp. and Charter Communications Inc. reached an agreement, according to which the latter is to take over 3.9 million more cable-TV subscribers. The deal is supposed to help Comcast get the approval of regulatory authorities for its 45-billion-dollar acquisition of Time Warner Cable Inc., which was announced earlier this month. About 1.4 million existing […] Read more

Netflix Inc.’s share price down, reaches an agreement with Verizon Communications to improve its video-streaming services

April 29, 2014 9:41 am
The biggest subscription streaming service in the world – Netflix Inc. made a statement, saying that it reached an agreement with Verizon Communications Inc. over getting a more direct access to its FiOS broadband network. Currently, Netflix Inc. has mainly focused on making its video-streaming services more reliable for its customers, as well as providing […] Read more

BP Plc’ share price, posts decreasing profit for the first quarter due to lower production and diminishing earnings at refineries

April 29, 2014 8:32 am
The second-biggest oil manufacturer in the U.K. – BP Plc made an official statement today, revealing a decreasing first-year profit, due to lower production and diminishing earnings at refineries. The announcement comes at a time when the company is still working to reorganize itself after the Deepwater Horizon explosion and the following oil spill in […] Read more

Samsung Electronics Co.’s share price down, posts first-quarter profit that surpasses analysts’ estimates due to increasing demand

April 29, 2014 7:38 am
The biggest smartphone manufacturer in the world – Samsung Electronics Co. made a statement, posting its net profit for the first quarter of the current financial year that managed to surpass the analysts forecasts due to increasing demand for the Galaxy series devices and amid boosted TV sales. The smartphone profit margin remained flat at […] Read more