April 28, 2014 11:38 am
Panasonic Corp. made an official statement today, revealing projections for its full-year profit. The company announced that its net income is expected to increase by 16% and to reach 140 billion yen (1.4 billion dollars) over the current financial year, which started April 1st. The company also added that it will continue following the strategy […]
Read moreApril 28, 2014 9:39 am
The largest pharmaceutical company in Europe – Bayer AG – made an official statement today, posting a 23% boost in its net profit for the first quarter of the current financial year, due to increased demand for its newest drugs and crop-protection products. The companys results surpassed the median analysts forecast. In its statement, the […]
Read moreApril 28, 2014 8:32 am
According to people with knowledge of the matter, who asked not to be identified because the negotiations are still private, Siemens AG offered a deal to exchange train and energy assets with Alstom SA, in an attempt to beat the General Electric Co.s bid. The people reported that according to the terms proposed by Siemens, […]
Read moreApril 28, 2014 7:26 am
According to people with knowledge of the matter, who asked not to be named because the issues are still not public, the largest drug manufacturer in the U.S. – Pfizer Inc. – intends to start over the negotiations over the acquisition of AstraZeneca Plc. This may be one of the biggest mergers in the health-care […]
Read moreApril 27, 2014 7:05 am
The second-biggest auto-manufacturer in the U.S. – Ford Motor Co. – made an official statement on Friday, announcing that its net income for the first quarter of the current financial year declined by 39% to 989 million dollars in comparison to the results posted for the same period in 2013. According to the companys statement, […]
Read moreApril 26, 2014 5:30 pm
Microsoft Corp. finalized the takeover of Nokia Oyjs mobile phone unit, allowing the software giant to renew its push into the mobile market and ridding Nokia, once market leader in mobile phone sales, of a steadily declining business. The two companies announced the 5.44-billion-euro deal nearly eight months ago, although the final price may be […]
Read moreApril 25, 2014 1:05 pm
The third-biggest car manufacturer in Japan – Honda Motor Co. Ltd reported today that its net income increased in the quarter from January to March 2014, boosted by sales in its home market that surged by 41%. The company also attributed the positive result to a weaker yen, but its full-year profit forecast missed analysts […]
Read moreApril 25, 2014 11:44 am
Microsoft Corp. made an official statement yesterday, revealing that its third-quarter net income was 5.66 billion dollars, or 68 cents a share, beating analysts projections of 63 cents per share. The company also revealed a 20.4-billion-dollar sales that matched the median analysts estimate. The results once again proved that Microsofts strategy to bet on cloud […]
Read moreApril 25, 2014 9:31 am
The second-biggest car manufacturer by volume in Europe – Peugeot SA – made an e-mailed statement today, revealing that its revenue for the first quarter of the current financial year increased by 1.9% due to a better performance of the company in its home market as well as to increased deliveries. However, the strong euro […]
Read moreApril 25, 2014 8:30 am
The largest auto manufacturer in the U.S. – General Motors Co. made an official statement, announcing its results for the first quarter of 2014. The performance of the company surpassed the analysts expectations, but was strongly influenced by the recent recalls the company has been dealing with. Still, the results showed that General Motors customers […]
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