Stock News

King Digital Entertainment Plc prepares for an initial public offering, seeks a 7.6-billion-dollar value

King Digital Entertainment Plc, which was founded in 2003, and is the maker of “Candy Crush Saga”, “Pet Rescue Saga” and other popular smartphone games, announced in a filing with the Securities and Exchanges Commission that it would sell 15.5 million shares in its yet-to-come initial public offering for between 21 and 24 dollars a […] Read more

E.ON SE share price steady, reduces dividend, posts a gloomy profit forecast

E.ON SE is engaged in supplying energy solutions and is currently the largest utility by market value in Germany. The company announced that it plans to reduce its dividend by almost a half to between 1.5 and 1.9 billion euros from 2.24 billion euros last year. After posting a 2013 operating profit decline estimated to […] Read more

Bayer AG share price up, projects strong sales growth in pharmaceutical, healthcare and crop protection businesses

Bayer AG made an official statement today, revealing that it expects its average annual revenue from the companys pharmaceutical business to increase by 8%, with a margin for earnings before interest, tax, amortization and depreciation of at least 33%. The company also forecast a 6% growth in the HealthCare and Crop Protection units profit due […] Read more

Toyota Motor Corp. share price down, raises the base pay of more than 50,000 workers

Along with employees of other Japanese companies such as Honda Motor Co. Ltd and Toshiba Corp., the workers of Toyota Motor Corp. have received their first base pay rise in 6 years amid record profit of 1.9 trillion yen posted by the company for the year through March 31st. This step is considered as a […] Read more

Walt Disney Co. share price down, negotiates over the acquisition of Maker Studios in a 500-million-dollar deal

According to people familiar with the process, Walt Disney Co. is currently negotiating over the purchase of the online-video producer, promoter and distributor Maker Studios in a deal estimated to about 500 million dollars. As reported by the Wall Street Journal, one of the people with knowledge of the matter revealed that the price of […] Read more

Audi AG share price down, forecasts higher sales in 2014, surpasses BMW

The luxury car manufacturer Audi AG, which is owned by Volkswagen AG, announced its forecasts of reaching higher sales in 2014. Audi also projected a steady growth in all regions of the world but it also warned that its revenue is expected to be influenced by both harsh climate regulation and investments made in new […] Read more

Vivendi SA share price steady, expects the final bids of Altice SA and Bouygues SA for SFR phone unit by Wednesday

According to people with knowledge of the process, Vivendi SA has asked both competing bidders for its Paris-located phone unit SFR – Bouygues SA and Altice SA – to submit their final offers by Wednesday. The company is also said to have provided them with a chance to improve the terms they have proposed. The […] Read more

Sprint Corp. share price up, Chairman Son says he is willing to acquire T-Mobile to compete with AT&T and Verizon

Mr. Masayoshi Son, President of SoftBank Corp. announced in a television interview that he would like to acquire T-Mobile US Inc. through his Sprint Corp. and intends start a “massive price war” in case the deal is approved by U.S. regulators. SoftBanks President also revealed that he would like implement infrastructure improvements in order to […] Read more

McDonald’s Corp. share price down, posts declining U.S. sales for four straight months

McDonalds Corp., which is currently considered as the largest restaurant chain worldwide, announced a same-store sales drop for February 2014, which is its fourth consecutive month of declines. The sales were said to have decreased by 0.3% due to the recent pressure on the fast-food industry and in spite of the vigorous TV promotions released […] Read more

eBay Inc. share price down, reduces the total compensation of CEO Donahoe, rejects Icahn’s board nominees

eBay Inc. announced in a filing with the Securities and Exchange Commission in the U.S. that in 2013 the total compensation of its Chief Executive Officer John Donahoe was reduced by half due to failure to reach the companys financial targets and missing the expectations for “positioning relative to its competitors” at the beginning of […] Read more