Stock News

Boeing Co. share price mostly unchaged, company freezes the pensions of 68,000 non-union employees

Boeing Co. is currently the largest plane maker in the world, manufacturing commercial jetliners and defence, space and security systems. The company has been following the example of other companies located in U.S. in moving away from traditional pension plans. As a result of the companys efforts to reduce its costs, Boeing Co. made an […] Read more

Samsung share price jumps, beats Apple Inc. in a U.S. patent case

Samsung Electronics Co., which is currently known as the largest smartphone manufacturer in the world, managed to defeat Apple Inc. in a patent case. This is the second time when a judge rejects a request of Apple Inc. to officially forbid more than 20 smartphones manufactured by Samsung issued in the first patent case of […] Read more

Merck KGaA share price down, fourth-quarter profit increases due to cost reduction

Merck KGaA operates as a pharmaceutical, chemical and life science company that is engaged in innovative drugs and chemicals research and development. The company posted a fourth-quarter profit that increased by 0.7% due to restructuring that helped Merck KGaA counterbalance currency swings effects. Merck KGaA made an official statement today, which was cited by Bloomberg: […] Read more

Deutsche Telekom share price declines, company does not intend to sell T-Mobile, focuses on growth in the U.S.

Deutsche Telekom AG revealed that it plans to sacrifice earnings growth in 2014 in order to finance the expansion of the customer base of T-Mobile US after it posted a loss in the fourth quarter of 2013. Deutsche Telekom AG, which is the current majority owner of T-Mobile, said in a statement, which was cited […] Read more

Vedanta Resources share price gains, company appoints Tom Albanese as CEO

Vedanta Resources Plc announced that Mr. Tom Albanese was appointed to Chief Executive Officer of the company as a successor to Mahendra Singh Mehta, who is retiring. The new CEO of Vedanta is expected to take over the position on April 1st. Anil Agarwal, who is the Chairman of the company said for the Wall […] Read more

Vivendi SA share price up, receives two offers for SFR unit form Bouygues SA and Altice SA

Vivendi SA, which is the largest provider of media and telecommunication services in Europe, announced that it has received two offers for its SFR phone unit. The company has been recently planning to spin off the division in question as a part of its profound restructuring strategy, which is expected to provide the company with […] Read more

Facebook share price soars, toughens restrictions on gun sales

Facebook Inc. announced that it is implementing new restrictions on guns promotions on the social network due to pressure by groups that are trying to prevent criminal activity. Facebook Inc. published a blog post, saying that posts of users that share their willingness to break the law, as well as ones that contain offers to […] Read more

Fiat share price jumps, Chrysler division withdraws its request for Canadian subsidies

The Chrysler division of Fiat SpA announced that it plans to cancel a request to the Canadian government for the retooling a minivan factory and an upgrade of another plant located in the country. The company prefers to finance its own projects instead of allowing political interference in its business. As reported by Bloomberg, Mr. […] Read more

Legal & General Group share price down, increases dividend by more than a fifth

The largest pension fund manager in the U.K. – Legal & General Group Plc – announced that it has increased its annual dividend by more than a fifth as its cash flow rose and L&G managed to post an increased operating profit. Legal & General Group Plc made an official statement today, saying that its […] Read more

Carrefour SA share price rises as earnings jump, plans to increase spending in 2014

The largest retailer in France – Carrefour SA, announced that its 2013 earnings rose, while also revealing plans to increase spending in 2014. Over the last few years Carrefour SA was facing difficulties with its slumping business, which experienced prices going up-and-down, as well as heavy costs. As reported by Bloomberg, the company said in […] Read more