December 11, 2013 3:28 pm
Bayerische Motoren Werke AG, one of the largest manufacturers and sellers of luxury cars and motorcycle worldwide, has announced that it is considering to start building engines in North America and make steps towards expanding its vehicle production in the region. The company hopes its efforts will result in capitalizing on the growing customers demand […]
Read moreDecember 11, 2013 2:54 pm
Costco Wholesale gave investors a glimpse into how it fared in a challenging retail environment heading into the holiday season as the largest U.S. warehouse-club chain, reported fiscal first-quarter profit that trailed analysts’ estimates even as sales climbed as it offered greater discounts. Analysts were off on target, predicting Costco would step up the pace […]
Read moreDecember 11, 2013 12:31 pm
FirstGroup Plc., one of the largest transport operators in both the U.K. and North America, did not wait for a minute longer before striking back after one of its shareholders called for the company to sell its business in the U.S. Sandell Asset Management, a hedge fund with a stake estimated to about 3%, have […]
Read moreDecember 11, 2013 10:30 am
The largest foreign auto makers have recently started a fierce competition after three years of seizing market share from Chinese rivals. The goal of highest priority for Ford Motor Co., Volkswagen AG and Hyundai Motor Co. is to record significant market-share gains on the Chinese auto market, the largest one in the world. All three […]
Read moreDecember 10, 2013 1:48 pm
General Motors Co., or the company recently called “Government Motors” because of the huge help it received from US Government, is officially free from U.S. taxpayer ownership, signaling the domestic auto industry’s rebound from the deepest downturn since the Great Depression. Bailouts from the George W. Bush and Barack Obama administrations helped GM avoid liquidation […]
Read moreDecember 10, 2013 11:47 am
Nokia Oyj is one of the largest international mobile communications companies. It operates a network of production facilities for mobile products and network infrastructure plus a network of sales and customer service, as well as research and software development facilities all over the world. The company officially announced that it is ready to invest about […]
Read moreDecember 10, 2013 9:17 am
Texas Instruments Inc. is known as the largest global analog and digital semiconductor IC design and manufacturing company. It also designs and manufactures semiconductor solutions for analog and digital embedded and application processing. The company is a manufacturer of chips, which are used literally in almost every digital device that may vary from space hardware […]
Read moreDecember 10, 2013 7:41 am
The European Union antitrust officials attacked companies such as Samsung Electronics Co., Royal Philips NV and Metro AGs Media-Saturn, because they suspected them in online-sales restrictions. These companies were believed to have “put in place restrictions on online sales of consumer-electronic products and small domestic appliances”, considering the fact that clauses such as these ones […]
Read moreDecember 10, 2013 7:22 am
US stocks gained, pushing the Standard & Poor’s 500 Index to a fresh record, as investors focus on whether Fed would cut its monetary support amid budget negotiations in Washington. The S&P 500 climbed 0.2% to 1,808.37 at 4 p.m. in New York, surpassing its previous record of 1,807.23 set on November 27. The Dow […]
Read moreDecember 9, 2013 2:25 pm
Verizon Communications Inc. is an integrated telecommunications company, which is famous for providing wire line voice and data services, as well as wireless services, Internet services, and published directory information. The Federal government, including its business phone lines, data services, telecommunications equipment and payphones is also provided by the network services of the company. The […]
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