April 25, 2014 7:45 am
Despite announcing a revenue growth that has been better than initially expected, Amazon.com Inc. once again posted sparse profit due to the large expenses it had in cloud computing and shipping. The company also dispelled concern about the cost increase of its video and Prime unlimited shipping service. Amazon.com Inc. made an official statement, revealing […]
Read moreApril 24, 2014 1:45 pm
Nokia Oyj announced that the company has decided to exclude its phone factory located in India from the 5.44-billion-euro (7.5-billion-dollar) deal over the acquisition of its handset unit by Microsoft Corp. The reason for the companys decision is a tax dispute. As reported by Bloomberg, one of the spokeswomen of Nokia Oyj in India – […]
Read moreApril 24, 2014 12:44 pm
The Chief Executive Officer of Apple Inc. – Mr. Tim Cook made few steps yesterday in order to assure the companys investors that the companys robust gains have not come to an end. The company made an official statement, saying it will add 30 billion dollars to its stock-buyback plan and will boost dividends by […]
Read moreApril 24, 2014 9:34 am
Hyundai Motor Co., which is the biggest car manufacturer in South Korea and fifth-largest auto maker in the world, posted its first-quarter results that failed to meet analysts estimates due to the influence of the strong South Korean won on the companys earnings. Hyundai Motor Co. said in its statement, which was cited by the […]
Read moreApril 24, 2014 8:55 am
Facebook Inc., the biggest social network in the world, made an official statement revealing profit and revenue for the first quarter of 2014 that surpassed analysts estimates. The company posted a 72% increase in its first-quarter revenue and net income that is triple the size of its profit for the same period last year. The […]
Read moreApril 24, 2014 7:58 am
Qualcomm Inc., currently the biggest mobile phone chip manufacturer in the world, made a statement announcing that its profit for the second-quarter of 2014 rose by 5%, but forecast third-quarter profit and revenue that may fail to reach some analysts forecasts. The company revealed its projection for the quarter through June, saying that its revenue […]
Read moreApril 24, 2014 6:56 am
The largest plane manufacturer in the world – Boeing Co. made a statement revealing that its core profits for the first quarter of 2014 rose due to steady demand for the newest jetliners. In addition, the company also increased its forecast for the current financial year and showed 615 million dollars in free cash flow. […]
Read moreApril 23, 2014 2:25 pm
Procter&Gamble Co. made a statement, revealing that its profit generated over the third quarter increased by 1.7% from 2.57 billion dollars a year earlier and reached 2.61 billion dollars due to decreasing costs. The company shared that its sales slightly decreased, while core earnings beat analysts forecasts. As reported by the Financial Times, the companys […]
Read moreApril 23, 2014 12:58 pm
The French telecoms and cable operator Numericable Group SA is planning to sell a record 8.5 billion euros (11.6 billion dollars) of junk bonds today. The step is provoked by the companys push to raise funds in order to finalise its purchase of the second-largest telecoms group in the country – the SFR of Vivendi […]
Read moreApril 23, 2014 12:08 pm
The semiconductor manufacturer ARM Holdings Plc, which is responsible for making chips used in about 95% of all smartphones, made an official statement today, announcing that its revenue from royalties over the first quarter of the current financial year slowed its growth due to decreasing demand for high-end smartphones. Mr. Simon Segars, the Chief Executive […]
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