January 28, 2014 10:13 am
Royal Philips manufactures medical systems, domestic appliances, consumer electronics and lighting, and is currently pointed as the worlds largest lightning company. It posted a profit that exceeded the analysts estimates, while its Chief Executive Officer Frans van Houten forecasts that Royal Philips is likely to make “modest steps” toward its 2016 targets this year. Mr. […]
Read moreJanuary 28, 2014 9:30 am
Puma SE officially announced that it made a multi-year agreement with with the English Premier League team Arsenal Football Club to supply the uniforms and merchandise for the London-based club. This is part of the German sportswear groups plan to bring a new life to its brand. The deal, which is said to be the […]
Read moreJanuary 28, 2014 8:18 am
Honda Motor Co., which develops, manufactures and distributes motorcycles, automobiles, and power products such as generators and farm machinery, and which is also known as the company that makes two of the three cars with the highest production levels in North America, became a net exporter in the U.S. for the first time in 2013. […]
Read moreJanuary 28, 2014 7:49 am
U.S. stocks dropped, following the worst week since 2012 for benchmark indexes, as concern over Federal Reserve plans to cut stimulus and an economic slowdown in China tempered gains in industrial shares. The Standard & Poor’s 500 Index slipped 0.5% to 1,781.56 at 4 p.m. in New York after tumbling 2.6% last week. The Dow […]
Read moreJanuary 28, 2014 7:12 am
The sales of Apple Inc.s iPhone over the holiday seasons, as well as the revenue forecasts for the current quarter fell behind the analysts estimates. This comes here to prove that the companys flagship product is losing its popularity as a main engine of the smartphone market. Apple made an official statement today and announced […]
Read moreJanuary 27, 2014 3:29 pm
Liberty Global announced that it has reached an agreement with the Dutch broadband provider Ziggo to fully take it over. The deal is estimated to 4.9 billion Euro (6.7 billion dollars) and will consolidate the positions of Liberty Global as the leader in the cable industry in Europe. The two companies announced the investors of […]
Read moreJanuary 27, 2014 2:08 pm
Ericsson AB and Samsung Electronics Co. announced that they managed to settle their patent dispute and made a deal over wireless technology in smartphones, televisions, tablets and Blu-Ray disk players. The agreement between the two companies is multi-year and cross-licensing, and relates to GSM, UMTS and LTE standards for networks and handsets. The contract is […]
Read moreJanuary 27, 2014 12:21 pm
BG Group Plc became the second oil and gas producer to issue a profit warning this month. The company, which operates as an integrated natural gas company and explores, develops, produces liquefies and markets hydrocarbons with a focus on natural gas, officially announced that its earnings for 2013 would be lower than the initially expected […]
Read moreJanuary 27, 2014 12:00 pm
Two people with information of the matter, said that Vodafone Group Plc is currently negotiating with Grupo Corporative ONO SA. The mobile telecommunications company is said to be seeking to acquire the Spanish cable operator, as it is preparing for an initial public offering. One of the people with knowledge of the process, who asked […]
Read moreJanuary 27, 2014 9:40 am
AT&T officially announced that it does not have any plans of making an offer for Vodafone Group Plc. This announcement was made in a statement to the U.K. Authorities, which prohibits the second-largest wireless carrier in the U.S. to make a takeover bid in the next six months. AT&T is a communications holding company, which […]
Read more