January 30, 2014 8:35 am
Symantec Corp. announced that it expects a revenue that trails some analysts estimates amid declines in the personal-computer market and the emergence of advanced hacking threats influenced on traditional antivirus software demand. Symantec Corp. made an official statement, explaining that its fiscal fourth quarter sales are expected to be from 1.62 to 1.66 billion dollars. […]
Read moreJanuary 30, 2014 7:40 am
Lenovo Group Ltd announced that it agreed to buy the Motorola Mobility phone unit of Google Inc. The deal is estimated to 2.91 billion dollars and is just another move in the line of the companys acquisition campaign of technology businesses in the U.S. The deal is expected to create the third-largest smartphone vendor in […]
Read moreJanuary 30, 2014 7:35 am
US stocks substantially declined, pushing the Standard & Poor’s 500 Index to a two-month low, as the Federal Reserve vowed it would make further cuts to economic stimulus and as emerging-market currencies weakened. The S&P 500 slumped 1% to 1,774.20 by 4:34 p.m. in New York, the lowest close since November 12 after European stocks […]
Read moreJanuary 29, 2014 3:34 pm
The 3.2-billion-dollar acquisition of Nest Labs Inc. by Google Inc. may prove out to be sufficient to arouse a multibillion-dollar race to purchase some companies, which are carrying into effect the rise of Web-connected devices across homes, cities and workplaces. According to Recon Analytics LLC, after the Nest Labs Inc. acquisition, which Google announced this […]
Read moreJanuary 29, 2014 2:06 pm
Canon Inc. announced that its net profit increased by 6% in the three months that ended December 2013. The company explain this success has been facilitated by the fact that Japanese yen is weak, which makes the company hope its profits will be boosted in the current business year along with a recovery in its […]
Read moreJanuary 29, 2014 12:39 pm
Netflix Inc., which operates as an Internet subscription service company and provides subscription service streaming movies and TV episodes over the Internet and sending DVDs by mail, is currently considered as a leader on the streaming-video market. As such, the company is planning an expansion in Europe, amid fierce competition between the media companies across […]
Read moreJanuary 29, 2014 9:48 am
International Data Corp. reported that the largest smartphone maker in the world – Samsung Electronics Co. kept its lead over its most serious rival Apple Inc. during the fourth quarter of 2013. Both companies are said to have lost ground to Chinese vendors. The market researched IDC, which is based in Massachusetts, made a statement […]
Read moreJanuary 29, 2014 8:24 am
Yahoo! Inc. announced that the company expects its first-quarter sales to fail to reach some analysts estimates. At the same time, Marissa Mayer, who is the Chief Executive Officer of the company is trying to turn user growth at the Web portal into money for advertising. Yahoo! Made an official statement today, saying that its […]
Read moreJanuary 28, 2014 2:38 pm
Ikea Group, which is considered as the biggest furniture retailer in the world, announced a gain in its annual profit. The company also said that household consumption is recovering in several markets. The statement made today revealed that the net income of Ikea Group for the 12 months ended on August the 31st rose by […]
Read moreJanuary 28, 2014 1:26 pm
Siemens AG, which is currently known as the largest engineering company in Europe, posted fiscal first-quarter earnings that managed to beat analysts estimates. These results were facilitated by the fact that the profitability of the infrastructure unit more than doubled. Siemens, based in Munich, made a statement today, saying that its income from continuing operations […]
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