January 12, 2014 11:25 am
General Motors Co. has presented the second argument of its plan to catch up with Toyota Motor Corp. this year, as it looks to unseat the Japanese auto maker as king of the midsize pickup truck. The 2015 GMC Canyon, believed to be available into showrooms in the third quarter, will be paired with the […]
Read moreJanuary 11, 2014 1:22 pm
US stocks gained, offsetting the Standard & Poor’s 500 Index recent declines, as a weaker-than-estimated jobs report eased concern that the Federal Reserve may accelerate the pace of stimulus cuts. The S&P 500 added 0.2% to 1,842.37 at 4 p.m. in New York, after falling as much as 0.3% earlier in the day. The benchmark […]
Read moreJanuary 10, 2014 3:34 pm
SAP AG continues to try booking more than 1 billion Euro in annual cloud sales. The company is currently pushing the transition from providing on-premise business software to allowing customers to rent software via the web. SAP booked 758 million Euro in sales from cloud subscriptions and support in 2013. According to some preliminary figures […]
Read moreJanuary 10, 2014 1:37 pm
Cineworld Group Plc is about to make a deal, which is expected to result in creating the second-largest multiplex chain by market share in Europe. The company, which is the largest cinema group in the U.K., is about to acquire Cinema City International for 503 million pounds in cash and shares. According to the terms […]
Read moreJanuary 10, 2014 12:00 pm
The shares of UbiSoft Entertainment SA rose to the highest in almost a three-month period, after the 13-year ban on video-game consoles was lifted by China. The sales of the gaming machines of Sony Corp. and Microsoft Corp. also helped drive the stock. UbiSoft Entertainment SA is one of the most famous producers, editors and […]
Read moreJanuary 10, 2014 9:31 am
Ford Motor Co. has managed to increase its quarterly dividend 25%, which is considered as a quite successful response to the pressure on the company that was expected to return more capital to its shareholders. The auto market has experienced a collapse in 2009, but it succeeded to recover, which resulted into increasing sales in […]
Read moreJanuary 10, 2014 8:39 am
As the Wall Street Journal reported, one of the most popular industrial companies in the U.K. – Rolls-Royce Holdings Plc, which is also a manufacturer of aircraft engines for Airbus Group NV and Boeing Co., has faced an obstacle in its plans of expanding its growing ship-engine business. Only six months earlier, John Rishton, who […]
Read moreJanuary 10, 2014 7:26 am
US stocks were little changed as most retailers slumped and investors focused on tomorrow’s jobs report for clues to whether the Federal Reserve will accelerate the pace of stimulus cuts. The S&P 500 rose less than 1 point to 1,838.13 at 4 p.m. in New York. The Dow Jones Industrial Average dropped 17.98 points, or […]
Read moreJanuary 9, 2014 2:27 pm
Samsung Electronics Co. announced that it will release its Galaxy S5 smarphone by April 2014, Bloomberg reported earlier today. The company is going to use an eye scanner technology for the first time. This will provide Samsung with the opportunity to compete with the iPhone devices of Apple Inc. In an interview on January the […]
Read moreJanuary 9, 2014 1:51 pm
Facebook Inc. acquired a technology in India, Bloomberg reported earlier. This is part of the companys strategy to make its presence among mobile-device users stronger and to consolidate its positions as the largest social-networking service. Little Eye Labs, which is based in Bangalore, India announced on its website that it had been acquired by Facebook. […]
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