May 14, 2014 11:48 am
The largest mining company by market value in the world – BHP Billiton Ltd made an official e-mailed statement today, revealing that it is holding talks for the sale of all or part of its nickel division located in Australia. BHP Billiton Ltd said in its e-mailed statement, which was cited by Bloomberg: ”The review […]
Read moreMay 14, 2014 9:20 am
Google Inc. announced on its website yesterday that it will make its Glass Internet-connected spectacles available to anyone in the U.S., the companys home market. At first, the devices from the Glass Explorer Edition series were on sale only via invitation and referral. The company did not provide any details for the durability of the […]
Read moreMay 14, 2014 8:36 am
Sony Corp. made an official statement today, revealing that it expects to post an annual loss in the year ending March 2015, the sixth in seven years. The announcement came quite unexpectedly, especially considering the fact that currently the companys CEO Kazuo Hirai is trying to restructure the company, in order to make it profitable […]
Read moreMay 14, 2014 7:39 am
BlackBerry carried out a launch event in Indonesia, where it revealed it latest handset called the Z3. The Z3 smartphone was presented before several hundred people by the new Chief Executive Officer of the company – Mr. John Chen. BlackBerry, which has recently experienced a turnaround at the position of Chief Executive Officer, has also […]
Read moreMay 13, 2014 1:45 pm
The biggest phone company in Italy – Telecom Italia SpA made an official statement today, revealing its revenue for the first quarter of the financial 2014, that trailed analysts expectations. The weak performance is considered a result of a long-running financial crisis in Italy and strong rivalry of the nations big phone companies over the […]
Read moreMay 13, 2014 9:57 am
The worlds second-biggest aircraft manufacturer – Airbus Group NV made an official statement, revealing that its profit for the first quarter of the current financial year increased by 93%, citing reduced costs related to its A380 super-jumbo. Mr. Tom Enders, the Chief Executive Officer of Airbus Group NV, said in the statement, which was cited […]
Read moreMay 13, 2014 8:56 am
People with knowledge of the process reported that AT&T Inc. is now in advanced negotiations to take over DirecTV in a cash-and-stock deal estimated to about 50 billion dollars. The company is said to be seeking consolidation following the steps of other American TV, Internet and wireless providers. According to the people familiar with the […]
Read moreMay 13, 2014 7:50 am
According to people familiar with the process, Pfizer Inc. is considering to increase its offer for AstraZeneca Plc for a second time. Two of the people, who asked not to be named because the information is still not public, reported that the new Pfizers bid would raise the value of the deal modestly above the […]
Read moreMay 13, 2014 7:34 am
According to people familiar with the process, Facebook Inc. is planning to open a sales office in China, aiming to work in cooperation with local advertisers. Such a step will provide the company with the opportunity to set foot at the territory of a country, where the social network services are still banned for about […]
Read moreMay 12, 2014 2:08 pm
Hillshire Brands Co. made an official statement today, revealing that it has agreed to acquire Pinnacle Foods Inc. in a deal estimated to 4.3 billion dollars. The purchase is part of the companys strategy to expand its products portfolio. The price of the deal jumps to 6.6 billion dollars in cash and stock, when the […]
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