Stock News

Amazon.com share price down, considers launching TV and music-video services, cuts prices of cloud services

According to people close to Amazon.com, the company is considering the launch of streaming television and music-video service, which are to be supported by advertising. The people familiar with the process revealed that Amazon.com has shared its idea of the new service, which could be released in the months yet to come, with its potential […] Read more

Microsoft Corp. share price down, CEO Nadella reveals Office compatible with Apple’s iPad

The Chief Executive Officer of Microsoft Corp. – Mr. Satya Nadella – made his first public appearance since taking over the position in February. Mr. Nadella chose to launch new Office software that is compatible with the iPad of Apple Inc., which is considered by analysts as a departure from the companys sole focus on […] Read more

LSE: FTSE 100 index rises on China infrastructure plans, euro-area confidence report

European equities, along with Britains headline index, rose on Friday after recent weak data points from China, which spurred fears of a slowdown in the worlds second-biggest economy, prompted Premier Li Keqiang to announce that the government will safeguard its growth target and will push ahead with infrastructure investment. A brighter economic outlook in the […] Read more

Facebook Inc. share price up, works on lasers, drones and satellites to provide global Internet access

The Chief Executive Officer of Facebook Inc. – Mr. Mark Zuckerberg – announced that the company is working on delivering the Internet even to the most remote areas in the world via drones, satellites, and other new technologies. Mr. Zuckerberg said in a post published on Facebook, which was cited by the Financial Times: “In […] Read more

Toyota Motor Corp. share price up, plans a buyback amid strong performance and increasing profit

The largest auto manufacturer in the world – Toyota Motor Corp. made an official statement, revealing that it plans a buyback of its stock for the first time in about five years due to increasing profit. The company explained that it will buy back up to 60 million of its own shares, or 1.89%, for […] Read more

H&M share price down, posts slower profit growth due to investments in online expansion

The second-largest clothing retailer in Europe – Hennes & Mauritz AB, commonly known as H&M, made an official statement today, revealing that costs of the company for online expansion influenced on its profit for the first quarter of 2014. H&M posted an 8.7% increase of its operating profit, which jumped to 3.4 billion kronor (526 […] Read more

Babcock International Group Plc share price down, acquires Avincis Group in a 1.52-billion-dollar deal

Babcock International Group Plc made an official statement revealing that it has agreed to purchase private equity-owned Avincis Group in a deal estimated to 920 million pounds (1.52 billion dollars), absorbing 705 million pounds of Avincis debt. Currently, Babcock is trying to expand its reach in helicopter services by acquiring the company that works under […] Read more

LSE: FTSE 100 index lower on Ukraine worries, economic data in focus

Britains FTSE 100 index opened lower on Thursday and slid for the first time in three days, tracking a fall in New York overnight on renewed concern that the crisis in Ukraine may escalate. Investors awaited the release of the final US fourth-quarter GDP growth, as well as weekly initial jobless claims numbers and retail […] Read more

AOL Inc. share price up, seeks to consolidate its positions in the ad industry by offering a one-stop media buying shop

AOL Inc., which runs a global Web services business that provides a variety of brands and offerings, has been reported to be expanding its reach beyond Web publishing. AOL Inc. announced a system that offers companies a way to automate the process of selling and buying mobile, social media, television and web advertising, becoming the […] Read more