Stock News

FMC Corp. share price surges, company announces a spin-off of its agricultural and health-care units

FMC Corp. is a diversified chemical company that offers innovative solutions, applications and market-leading products to agricultural, consumer and industrial manufacturers worldwide. The company announced that it plans to create two independent public companies by spinning off its agriculture and health-care and nutrition units. The agricultural unit of FMC Corp. was reported to have contributed […] Read more

Tencent Holdings share price down, buys a 15% stake in JD.com Inc. to face competition in e-commerce

According to a filing, Tencent Holdings Ltd, which is currently considered as the largest Internet company in Asia, has reached an agreement with the Chinese e-commerce website JD.com Inc. to acquire a 15% stake in it. This is considered a strategic move as Tencent Holdings Ltd tries to become more competitive in order to meet […] Read more

Bouygues SA share price rallies, negotiates selling its mobile-phone network to win SFR race

Bouygues SA made an offer to Iliad SA to sell its mobile-phone network and some radio spectrum in a deal estimated to 1.8 billion euros (2.5 billion dollars). The company has been in talks with Vivendi SA over its largest mobile operator – SFR, which is said to be exactly the reason why it has […] Read more

Twitter Inc. share price down, acquires 900 patents from IBM Corp., seeks to boost non-US revenue

Twitter Inc. is a global social network that provides its users with the opportunity to express themselves and communicate in real time. According to a company filing, Twitter paid 36 million dollars for the acquisition of a total 900 patents from International Business Machines Corp. Twitter revealed in its filing on March 6th, which was […] Read more

Google Inc. share price, company plans to release tools for wearable devices’ applications and software

Google Inc. announced that it is planning to release tools that will provide software developers with the opportunity to make wearable-computing devices software. The company is said to be trying to bring back the success it had when releasing the Android mobile-operating system for smartphones and by this dominate a new generation of wearable technology. […] Read more

Coupons.com share price almost doubles in company’s debut

Price of shares of Coupons.com (COUP), an online discounter based in Mountain View, California, almost doubled in their debut, after the company raised $168 million in an initial public offering (IPO), which was managed by Goldman Sachs Group Inc., Allen & Co., Bank of America Corp. and Royal Bank of Canada. The company makes money, […] Read more

Boeing share price down, inspects 787 Dreamliner wings for cracks

According to a company spokesman, Boeing is inspecting the wings of 43 undelivered jets of its 787 Dreamliner model after their supplier warned that a change in the manufacturing process may have led to the formation of hairline cracks, causing Boeing to further delay deliveries. The plane manufacturer experienced major difficulties with its marquee jet, […] Read more

Safeway Inc. agrees to be acquired by Cerberus Capital Management in a 9-billion-dollar deal

Cerberus Capital Management LP and the board of Safeway Inc. have reached an agreement for a takeover of Safeway. The deal is estimated to 9 billion dollars and is known as the latest acquisition of the private equity group, which intends to use the newly-purchased company after the merger with its Albertsons in order to […] Read more

Telecom Italia SpA share price up, posts a narrower full-year net loss

Telecom Italia SpA posted a smaller full-year net loss estimated of 674 million euros (927.9 million dollars) for 2013. The company made an official statement, announcing that its sales declined by 9.1% and reached 23.4 billion euros. The company was also reported to have suspended its ordinary dividend for common shares, while the Italian market […] Read more