December 18, 2013 10:30 am
Global sales were added to the duties of HTC Corp.s Chief Financial Officer Chang Chialin. Mr. Chang will be put in charge of two key functions of HTC, which is due to the fact that the Taiwan-based smartphone manufacturer is trying to stop the last two years trend of declining revenue and market share of […]
Read moreDecember 18, 2013 9:08 am
The speculations that Novartis AG will sell its 14.1-billion-dollar stake into the market has increased thanks to the Roche Holding AG voting shares discount. Bloomberg reported that one of the analysts working for Louis Capital Markets – Ben Kelly – said that Roches voting shares have been pushed to the lowest price compared to its […]
Read moreDecember 18, 2013 7:49 am
Stocks fell as investors awaited a statement from the Federal Reserve on whether to continue its efforts to support the U.S. economy. The S&P 500 declined 0.3% to 1,781 at 4 p.m. in New York. The Dow Jones Industrial Average lost 9.31 points, or 0.1%, to 15,875.26. About 6 billion shares changed hands on U.S. […]
Read moreDecember 17, 2013 2:24 pm
On Monday, the board of Boeing Co.s raised the company dividend about 50%. The board also approved 10 billion dollars in a new share buyback authority, announcing that the company would use it in the next two or three years. The repurchase of the shares is estimated at about 10% of the companys stock and […]
Read moreDecember 17, 2013 8:56 am
People familiar with the matter said that Facebook Inc. will begin selling video advertisements later this week. The ads will play automatically in users new feeds and may help Facebook win a part of the 66.4 billion dollars, which are expected to be spent on U.S. television this year by advertisers. Facebook intends to make […]
Read moreDecember 17, 2013 7:38 am
US stock indexes partially recovered from the worst weekly slump since August while European stocks rose the most in two months amid manufacturing growth and as investors awaited the outcome of the Federal Reserve’s meeting. The Standard & Poor’s 500 Index added 0.6% to 1,786.54 by 4:30 p.m. in New York, while the Stoxx Europe […]
Read moreDecember 17, 2013 7:11 am
Last Wednesday General Motors Co. announced that it intends to close its Holden production facilities located in Australia by the end of 2017. This was quite an unexpected move that will result in the loss of thousands of jobs, which makes the companys future unstable. General Motors decision to end manufacturing by the end of […]
Read moreDecember 16, 2013 3:28 pm
Carrefour announced that it will invest 2 billion Euro for the purchase of 127 European shopping centre sites from Klépierre, as the French supermarket operator has decided to undertake a new strategy of going back to basics in order to update its locations and extend its reach in Europe. The purchase is happening after the […]
Read moreDecember 16, 2013 2:19 pm
GlaxoSmithKline Plc. is a science-led global healthcare company which researches, tests and develops a variety of innovative medicines and brands. The company is trying to increase its stake in Indian subsidiary from 50 to 75%, which is going to make it the latest global company to deploy cash in order to raise exposure to its […]
Read moreDecember 16, 2013 12:27 pm
Last month Microsoft Corp.s co-founder Bill Gates announced that the companys chief executive officer is a “complex role to fill” in front of the software makers shareholders. This could be valid, in fact considering Microsofts board is still looking for a final candidate. On December the 12th, the No. 2 executive of Qualcomm Inc.s – […]
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