January 6, 2014 10:02 am
The Boeing Co.s efforts to aggressively control costs and avoid disruption for one of its most important new jetliners were crowned with success after finalizing the deal of the company with its largest union, as reported by the Wall Street Journal. The ratification vote on the eight-year deal late on Friday ended 51% to 49% […]
Read moreJanuary 6, 2014 9:03 am
HTC Corp., which is the largest smartphone maker, based in Taiwan, announced that its net income missed analyst estimates for a fourth consecutive quarter, as reported by Bloomberg earlier today. The decline in the companys sales was also a result from the rising Chinese brands competition. Bloomberg has also calculated that the data about the […]
Read moreJanuary 6, 2014 7:30 am
As the new year came, the plane makers parent company dropped one of the corporate worlds most unrecognized names: European Aeronautic Defence & Space Co. The company has always been appealing to its customers with its alternative – Airbus. The Dutch-registered French-German-British-Spanish multinationals company re-branded itself under the name of Airbus Group NV. “It was […]
Read moreJanuary 5, 2014 11:02 am
AT&T Inc. said it will pay T-Mobile Inc. customers as much as $450 to switch to their services, in an unusual move as the competition for subscribers between the wireless rivals gets fierce. T-Mobile has launched an assault on its larger rival under Chief Executive John Legere, who has taken aim at AT&T in television […]
Read moreJanuary 4, 2014 9:17 am
US stocks fell for a second day, correcting the biggest annual rally for the Standard & Poor’s 500 Index since 1998, as investors focused on comments from Federal Reserve officials on stimulus and the economy’s strength. The S&P 500 dropped less than 1 point to 1,831.37 at 4 p.m. in New York. The Dow Jones […]
Read moreJanuary 3, 2014 2:38 pm
As the Financial times reported earlier today, Next Plc raised its forecast for full-year profits. The U.K. fashion chain proclaimed itself as a winner of the Christmas shopping season. The last holiday trading period was quite difficult for retailers, especially considering the fact that most stores made heavy discounts in order to meet the customers […]
Read moreJanuary 3, 2014 1:08 pm
The President and Chief Operating Officer of Qualcomm Inc. – Steve Mollenkopf – contributed to the strengthening the positions of the companys chips as the top-selling phones in the world. Qualcomms President now takes the challenge of making a more serious invasion in the Chinese market, which is considered the worlds biggest. Steve Mollenkopf has […]
Read moreJanuary 3, 2014 9:55 am
Cybersecurity company FireEye Inc. revealed it has acquired the computer forensics specialist company Mandiant Corp., which specializes in malware detection and incident response. The deal was finalized on December the 30th and is estimated to 1.05 billion dollars and its goal is to help FireEye Inc. consolidate providers of services that protect computer networks from […]
Read moreJanuary 3, 2014 7:53 am
The Chairman of Samsung Electronics Co. – Lee Kun Hee pushed the employees of the company to adopt some new ways of thinking and try to shift their focus on hardware, which he believes would give the company, which is considered the worlds biggest smartphone and televisions manufacturer, the opportunity to maintain its growth. Here […]
Read moreJanuary 3, 2014 7:34 am
US stocks started the year with a decline for the first time since 2008, after a 2013 rally that brought the biggest gains in 18 years for the Dow Jones Industrial Average. The Dow slid 135.31 points, or 0.8%, to 16441.35. Traders and strategists said the sell-off was driven by investors paring positions in US […]
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