Stock News

Ford Motor Co. share price down, announces its joint venture in Russia plans to dismiss 950 jobs

Ford Motor Co. announced that its joint venture in Russia is about to dismiss about 950 employees at two factories due to decreasing demand in the country and the weak performance of the ruble. The spokesman of Ford in Germany – Mr. John Gardiner reported that about 700 jobs are to be cut in a […] Read more

Goldman Sachs Group Inc. share price up, sells its NYSE market-making division to IMC Financial Markets

According to two people with knowledge of the matter, who asked not to be named, because the negotiations are still private, Goldman Sachs Group Inc. has decided to sell its New York Stock Exchange market-making division to a Dutch investment firm. The people reported that Goldman Sachs Group Inc. is in talks with IMC (International […] Read more

LSE: FTSE 100 index steady, US data in focus

Most European stocks were on the rise on Wednesday, lifted by German shares, and Britains FTSE 100 index swung between gains and losses after a report showed growth in British house prices slowed for a third straight month, albeit marking the biggest annual rise in four years. Market players eyed upcoming employment data from the […] Read more

Apple Inc. share price up, focuses on the patent trial with Samsung Electronics Co.

At the renewal of its long-running patent war with Samsung, Apple Inc. announced that Samsung Electronics Co. had copied the companys flagship iPhone in order to overcome Apples rivalry. On its turn, Samsung claimed that it was being used as a replacement target of Google Inc. in its continuous competition with Apple. The courts jury […] Read more

BHP Billiton Plc share price up, considers a 19-billion-dollar spin-off to focus on core businesses

According to a report by the Australian Financial Review, the largest mining company in the world by market capitalization – BHP Billiton Plc is considering a big spin-off of its nickel, manganese, and aluminium businesses into a separate division in order to increase its efficiency and become more focused on iron ore, copper, coal and […] Read more

Bouygues SA share price up, extends the deadline of its offer for Vivendi’s SFR unit

Bouygues SA made an official statement today, revealing that it has extended the deadline of its offer to Vivendi SA for the acquisition of its SFR phone division from April 8th to April 25th. The company said in its statement, which was cited by Bloomberg, that it would provide Vivendi SA with “time to examine […] Read more

Caterpillar Inc. share price steady, accused by Senate investigative committee of “shifting” profits

A Senate investigative committee released a report today, revealing that 2.4 billion dollars in taxes were avoided to be paid by Caterpillar Inc. in the U.S. through a corporate restructuring, under which the company shifted most of its profits from overseas replacement-part sales to a subsidiary in Switzerland. Caterpillar Inc., which is currently considered as […] Read more