January 7, 2015 10:46 am
J.C. Penney Company Inc reported better-than-expected holiday sales late Tuesday, boosting its shares to levels unseen since last November. The department store operator stated same-store sales increase of 3.7% during the nine weeks of November and December. The strong holiday results also boosted the companys confidence in its quarterly performance. J.C. Penney said it now […]
Read moreJanuary 7, 2015 10:14 am
Micron Technology Inc., the largest US memory-chip manufacturer, projected that sales would fail to reach analysts expectations over the second fiscal quarter due to seasonally low demand. According to the information posted by Micron along with its first-quarter earnings report, sales over the second fiscal quarter ended February are expected to be in the range […]
Read moreJanuary 7, 2015 8:59 am
The largest jet manufacturer worldwide, Boeing Co., revealed in an official statement that it managed to deliver a record number of planes in 2014. This came as a result of accelerated production by the company in order to accomplish its objective for the 787 Dreamliner. According to Boeings statement, the 787 Dreamliners deliveries increased by […]
Read moreJanuary 6, 2015 4:11 pm
Johnson & Johnson began trials of its experimental Ebola vaccine in the UK and said it was prepared to produce up to 5 million doses if required. The New Jersey-based company said in a statement that it has started Phase 1 of its clinical human testing and the first group of volunteers have received the […]
Read moreJanuary 6, 2015 2:43 pm
Dish Network Corp unveiled on Monday its long-awaited online video service targeted at younger viewers who are not keen on paying for big cable packages. The service will be launched nationwide during the first quarter of 2015 and it will provide a mix of live TV and video-on-demand content. Access to Sling TV is priced […]
Read moreJanuary 6, 2015 2:32 pm
The Co-Chief Executive Officer of Samsung Electronics Co., Yoon Boo Keun, revealed at the Consumer Electronics Show that all companys products are planned to be internet-ready within half a decade. The company, currently the largest TV manufacturer worldwide, has focused on the expanding businesses of smart homes and vehicles. Yoon Boo Keun said in the […]
Read moreJanuary 6, 2015 1:03 pm
Toyota Motor Corp announced on Monday it will grant access to its 5 680 fuel-cell vehicle-related patents to automakers around the world without asking for a royalty fee, as a part of a plan to popularize the technology. The decision was made public at the Consumer Electronics Show in Las Vegas and follows rival Teslas […]
Read moreJanuary 6, 2015 10:34 am
Daimler AG unveiled its visionary Mercedes-Benz F 015 concept yesterday at the Consumer Electronics Show in Las Vegas, shaking up the traditional usage of cars. The all-electric, fully self-driving vehicle is not only a tool for transportation, but also a luxury lounge on wheels wired with all kinds of top-tier electronics. “We see cars widening […]
Read moreJanuary 6, 2015 10:31 am
HTC Corp. reported a profitable third quarter on the back of its first quarterly revenue growth in more than three years as new mid-range handsets helped offset competition from other companies high-end models and cheap devices from Chinese rivals. The Taiwan-based smartphone maker stated that fourth-quarter sales increased from NT$42.9 billion a year ago to […]
Read moreJanuary 6, 2015 8:46 am
The largest social network in the world, Facebook Inc., announced that it had purchased a voice-recognition start-up, which can “turn speech into actionable data”. The acquisition is considered part of a strategy that could provide the company with more data for better-targeted ads. According to the companys statement officially released by a spokesperson, the start-up, […]
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