December 16, 2013 9:44 am
US stock-index futures dropped as Asian stocks headed for a three-month low before the two-day Federal Reserve meeting starting tomorrow and as a survey showed China’s manufacturing expansion slowing. European shares erased an early drop and are little changed from the level they opened today. The preliminary reading of the Chinas Purchasing Managers’ Index by […]
Read moreDecember 15, 2013 12:23 pm
General Motors Co. sold its entire stake of the struggling French carmaker which hopes to find financial help from its Chinese partner – Dongfeng. Peugeot and Dongfeng Motor Co. have agreed to expand their industrial alliance. But the two are still negotiating a potential equity investment by Chinas second-largest auto maker. GMs decision to sell […]
Read moreDecember 14, 2013 2:01 pm
Boeing Co. and its largest union exchanged harsh words on Friday over the latest round of failed contract negotiations. The talks were associated with building the 777X model in the Washington state commercial base of the company. Boeing announced that it is considering proposals from 22 states, all of which are interested in manufacturing the […]
Read moreDecember 14, 2013 9:21 am
T-Mobile US Inc. is known as the fourth-largest wireless carrier in the U.S. The company provides wireless voice, messaging and data services, and consists of advanced nationwide 4G and 4G LTE network. On Friday the share price of the company rose the most in more than a year. The companys share price jumped to $27.64 […]
Read moreDecember 14, 2013 8:26 am
Verizon Communications Inc. seems to be near an agreement to purchase the Internet-based pay-TV startup of Intel Corp. The company has not made an official announcement yet, because the negotiations are not public, but the deal is expected to be announced next week, when the final details about it are set up. Intel Corp. preferred […]
Read moreDecember 13, 2013 3:14 pm
Google Inc. has been hoping to settle its high-profile antitrust case in the European Union, but unfortunately its hopes suffered a failure. It turned out that competitors and consumer groups of the company reprimanded its latest proposals that concern resolving the EUs competition concerns. Critics also did not speak highly of Googles initiative. They commented […]
Read moreDecember 13, 2013 1:09 pm
The senior management of Coca-Cola Co. was seriously shaken late Thursday, when the company announced that its Americas chief is leaving. The news of the resignation of Steve Cahillane, who was once expected to be the successor of Chief Executive Muhtar Kent, stroke all departments of the company, especially taking into account the fact that […]
Read moreDecember 13, 2013 10:29 am
Samsung Electronics Co. lost the case against Apple Inc., as the court in Seoul ruled that Apple Inc. did not violated some of the Samsungs patents. The case was considered one of the top legal battles of the year, because it managed to highlight the difficulties the company faces when trying to build its cases […]
Read moreDecember 13, 2013 8:26 am
For years now Intel Corp. has been known as a leader on the market of computing and communication components. The company designs, manufactures and sells computer components and related products, such as: microprocessors, chipsets, motherboards, wireless and wired connectivity products, etc. The company controls about 95% of the market for chips in servers that use […]
Read moreDecember 13, 2013 7:55 am
US stocks fell for a third day on Thursday as investors continued to asses the prospects of stimulus tapering by Fed and the appeal of taking money off the table after the markets record-breaking rally. The S&P 500 lost 6.72 points, or 0.4%, to 1775.50. The Dow Jones Industrial Average declined 104.10 points, or 0.7%, […]
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