Join our community of traders FOR FREE!

  • Learn
  • Improve yourself
  • Get Rewards
Learn More

Takeda starts a new tradition in naming outsiders in leadership positions

December 4, 2013 3:04 pm
Takeda Pharmaceutical Co. has more than 230 years of experience, during which the company proved itself not only as one of the oldest, but also one of the most successful Japanese drugmakers. The company also specializes in manufacturing food supplements, chemical products, food, agrochemicals and environment-related products. However, traditions are not what they used to […] Read more

Tesco loses its sales and influence as a grocer on the UK market

December 4, 2013 1:13 pm
The largest food retailer in the UK – Tesco Plc. has announced that its domestic sales are falling once again due to the overall market slowdown. The sales of the company went 1.5% down during the third quarter of this financial year, and these losses exclude all gasoline and value-added taxes. The spokesmen of the […] Read more

Novartis considers a veterinary unit spin-off

December 4, 2013 8:59 am
Novartis AG, which is one of the worlds most successful pharmaceutical and consumer healthcare products manufacturers. The company is based in Basel, Switzerland and specializes in both human and animal health products. These days it became clear that the animal-health business of Novartis is drawing interest from some drug-makers, such as Merck & Co. and […] Read more

US stocks decline for a third day over Fed concern

December 4, 2013 7:49 am
US stocks declined for a third day, as investors focused on upcoming economic data this week that may offer clues on when the Federal Reserve will reduce stimulus. The Standard & Poor’s 500 Index lost 0.3% to 1,795.15 at 4 p.m. in New York. The Dow Jones Industrial Average has fallen for three consecutive days, […] Read more

Nintendo fails to meet the forecasts of its full-year profit

December 3, 2013 2:44 pm
Recent market analysis have shown that, after Sony Corp. and Microsoft Corp. have both managed to sell more game consoles in 24 hours than Nintendo Co. did in the last nine months, the chances of Nintendo to meet its profit and justify its sales forecasts sharply decrease. The more family-focused content of Nintendo seems to […] Read more

Mercedes-Benz beats BMW on the luxury car market in U.S.

December 3, 2013 12:41 pm
Daimler AGs Mercedes-Benz has long been second on the luxury car market in the United States, while BMW has occupied the first place among the most successful companies in the business over the last couple of years. However, this year Mercedes-Benz has all the chances of beating BWM and becoming the top-selling luxury-car maker in […] Read more

Apple buys the social analytics firm Topsy in order to track Twitter

December 3, 2013 10:09 am
Apple Inc. has recently bought Topsy Labs Inc., which is commonly known as one of the main providers of social-media analytics on Twitter. Topsy is one of the analytics specialists, who deals with checking the frequency which a term is tweeted with, finding and influential person or issue, etc. This is only one of the […] Read more

Hilton enters the largest hotel initial public offering

December 3, 2013 7:35 am
Although the lodging chain Hilton Worldwide Holdings Inc. was bought by Blackstone Group LP in 2007, it now plans to raise its initial public offering in the United States of America to 2.4 billion dollars, which is the highest initial public offering in the history of hotel companies. The McLean, which is one of the […] Read more

US stocks extend declines amid factory data

December 3, 2013 7:24 am
US stocks retreated, with the Standard & Poor’s 500 Index extending declines in the final hour of trading, as data showed manufacturing unexpectedly climbed last month amid reports on holiday retail sales. The S&P 500 dropped 0.3% to 1,800.90 at 4 p.m. in New York, after earlier rising as much as 0.2%. The Dow Jones […] Read more