May 3, 2014 7:07 am
The biggest state-owned lender in the U.K. – Royal Bank of Scotland Group Plc made a statement revealing record results for the first quarter. The Group announced that its profit for the first financial quarter jumped threefold and reached 1.2 billion pounds (2 billion dollars) due to narrowed expenses and bad loans reduction. This result […]
Read moreMay 2, 2014 11:28 am
LinkedIn Corp. made an official statement, saying that it expects its revenue for the second quarter to be between 500 and 505 million dollars, which is lower than the analysts’ estimates of 505.5 million dollars. As reported by the Financial Times, the Chief Executive Officer of the company – Mr. Jeff Weiner commented on LinkedIn’s […]
Read moreMay 2, 2014 9:22 am
The second-largest car maker in the U.S. – Ford Motor Co. appointed Mr. Mark Fields as a successor of the companys former Chief Executive Officer Mr. Alan Mulally. Now Mr. Mulally leaves the vehicle manufacturer in a considerably better condition than the one he inherited when taking the helm in 2006. The CEO position will […]
Read moreMay 2, 2014 8:33 am
Pfizer Inc. made an official statement, revealing that it increased its offer for the second-largest drug manufacturer in the U.K. – AstraZeneca Plc to about 63.1 billion pounds (106.5 billion dollars) in an attempt to lure the latter with the idea of negotiations. Pfizer Inc. said in its statement, which was cited by Bloomberg: “Pfizer […]
Read moreMay 2, 2014 7:51 am
The largest mortgage lender in the U.K. – Lloyds Banking Group Plc – made an official statement, announcing that its profit for the first financial quarter increased by 22% due to costs and bad loans reduction. The groups underlying profit rose by more than one-fifth over the first quarter of the current financial year, marking […]
Read moreMay 2, 2014 7:22 am
The shares of T-Mobile US Inc., which is the fourth-largest mobile carrier in the U.S., rose the most in at least five months due to the stable first-quarter customer growth of the company, which managed to add more subscribers compared to its rivals Verizon Communications Inc. and AT&T Inc. The performance of T-Mobile is considered […]
Read moreMay 1, 2014 1:38 pm
The worlds largest insulin manufacturer – Novo Nordisk A/S – made an official statement today, announcing that it narrows its projection for the sales and profit in the current financial year due to rising competition and a loss of one of its distributors in the US. According to Novo Nordisk’s statement, the sales over the […]
Read moreMay 1, 2014 10:29 am
British Sky Broadcasting Group Plc, which is the largest pay-TV operator by customers in the U.K., made an official statement today, revealing that it is on track for its full-year projections as its nine-month revenue increased by 6.6%, due to attracting new customers with its TV products. The company currently has more than 10 million […]
Read moreMay 1, 2014 8:33 am
According to people with knowledge of the process, who asked not to be identified, the second-largest mobile-phone carrier in the U.S. – AT&T Inc. has approached the satellite-television company DirecTV on the matters of an eventual acquisition. Such a step is considered beneficial to AT&T, because it will provide it with the opportunity to significantly […]
Read moreMay 1, 2014 7:51 am
According to a person familiar with the matter, who asked not to be identified because the deal is still private, Viacom Inc., which currently owns MTV and Comedy Channel, has reached an agreement with the Northern & Shell to acquire its Channel 5. According to a publication in the Guardian newspaper, the deal is estimated […]
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