May 26, 2014 9:39 am
The global revival on a standard world-wide range of vehicle models of Ford Motor Co. was referred in the industry as “One Ford plan”. The companys Chief Executive Officer – Mr. Alan Mulally said multiple times that nothing will stop Fords “laser focus” on the worlds markets, including in China. However, the situation on the […]
Read moreMay 26, 2014 8:24 am
Atos SE and Bull SA made an official joint statement today, revealing that Atos SE made an offer to acquire its rival in a deal estimated to 620 million euros (844 million dollars). The company is aiming to create a large entity, which is considered to become a leader in cybersecurity and cloud computing in […]
Read moreMay 26, 2014 7:20 am
Sony Corp. has reached an agreement with Shanghai Oriental Pearl as a part of its Chief Executive Officers strategy to bring a new life to the company after it forecast a sixth loss in a period of seven years. Under the terms of the deal, Sony will form two joint ventures with Shanghai Oriental Pearl, […]
Read moreMay 25, 2014 6:32 am
Amazon.com Inc is raising the pressure on Hachette Book Group, one of the biggest US book publishers, as it seeks a larger profit cut of e-book prices. Hachette said on Friday that the retailer has blocked pre-orders for some of its upcoming book releases, making it harder for them to hit the best-seller lists. The […]
Read moreMay 23, 2014 1:33 pm
The largest sport-utility vehicle manufacturer by sales in India – Mahindra & Mahindra Ltd announced that it plans to invest 40 billion rupees (685 million dollars) to build a new plant. According to the companys statement, the new factory would have a production capacity of 400 000 vehicles on an annual basis. It also became […]
Read moreMay 23, 2014 12:34 pm
The technology company Smiths Group Plc, which manufactures a variety of products and services for the energy, security, medical, and communications sectors, made an official announcement today, revealing its expectations for its annual results. The company has a long history, as it started operating as a watch manufacturer in 1851. Now the products range vary […]
Read moreMay 23, 2014 11:12 am
Credit Suisse Group AG sold 5 billion dollars of its bonds. This is the first time the bank carries out a benchmark offering since it pleaded guilty of helping U.S. citizens to avoid paying their taxes. Earlier this week, the bank officially confessed that it helped wealthy U.S. citizens cheat on their taxes. The company […]
Read moreMay 23, 2014 9:27 am
General Electric Co. announced that it reached an agreement with the French government to prolong the expiration date of its 17 billion-dollar acquisition of the energy business of Alstom SA with three weeks. The company was requested to delay consideration of its offer until June 23rd by the French authorities, which are looking for better […]
Read moreMay 23, 2014 8:19 am
A person familiar with the matter, who asked not to be identified because the discussions are not public, reported that AstraZeneca Plc was pushed to continue the negotiations with its potential buyer Pfizer Inc. by its largest shareholder – BlackRock Inc. The suggestion was also backed up by another investor of the company. Currently, BlackRock […]
Read moreMay 23, 2014 7:37 am
Under the lead of its current Chief Executive Officer Mrs. Meg Whitman, Hewlett-Packard Co. has decided to cut more cobs in an attempt to turn back the company to profit in the conditions of a highly-competitive technology environment. The rapidly changing market has dragged the companys sales for a total of eleven consecutive quarters due […]
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