December 10, 2013 1:48 pm
General Motors Co., or the company recently called “Government Motors” because of the huge help it received from US Government, is officially free from U.S. taxpayer ownership, signaling the domestic auto industry’s rebound from the deepest downturn since the Great Depression. Bailouts from the George W. Bush and Barack Obama administrations helped GM avoid liquidation […]
Read moreDecember 10, 2013 11:47 am
Nokia Oyj is one of the largest international mobile communications companies. It operates a network of production facilities for mobile products and network infrastructure plus a network of sales and customer service, as well as research and software development facilities all over the world. The company officially announced that it is ready to invest about […]
Read moreDecember 10, 2013 9:17 am
Texas Instruments Inc. is known as the largest global analog and digital semiconductor IC design and manufacturing company. It also designs and manufactures semiconductor solutions for analog and digital embedded and application processing. The company is a manufacturer of chips, which are used literally in almost every digital device that may vary from space hardware […]
Read moreDecember 10, 2013 7:41 am
The European Union antitrust officials attacked companies such as Samsung Electronics Co., Royal Philips NV and Metro AGs Media-Saturn, because they suspected them in online-sales restrictions. These companies were believed to have “put in place restrictions on online sales of consumer-electronic products and small domestic appliances”, considering the fact that clauses such as these ones […]
Read moreDecember 10, 2013 7:22 am
US stocks gained, pushing the Standard & Poor’s 500 Index to a fresh record, as investors focus on whether Fed would cut its monetary support amid budget negotiations in Washington. The S&P 500 climbed 0.2% to 1,808.37 at 4 p.m. in New York, surpassing its previous record of 1,807.23 set on November 27. The Dow […]
Read moreDecember 9, 2013 2:25 pm
Verizon Communications Inc. is an integrated telecommunications company, which is famous for providing wire line voice and data services, as well as wireless services, Internet services, and published directory information. The Federal government, including its business phone lines, data services, telecommunications equipment and payphones is also provided by the network services of the company. The […]
Read moreDecember 9, 2013 1:15 pm
August 2011 was critical to Adobe Systems Inc., because this was the time when the top executives of the company discussed the “emerging threat” – the cloud. More and more customers were interested in an upstart competitors software, which was easily accessible on the Internet and which, on the other hand, had quite a negative […]
Read moreDecember 9, 2013 9:54 am
QBE Insurance Group Ltd. is currently the largest insurer in Australia, unfortunately announced that it would record a loss this year after dropping by more than one-fifth of its shares value. The losses of the company are due to its problematic business in the U.S., as well as to higher provisions and writedowns. Some of […]
Read moreDecember 9, 2013 8:37 am
A new recent analysis has shown that Motorola, which is owned by Google Inc., is currently selling its new Moto G smartphone at a lower profit margins than its competitors ones. Most market specialists believe this will put a pressure on both Apple Inc. and Samsung Electonics Co., which are considered the leaders on the […]
Read moreDecember 9, 2013 7:57 am
European stocks wrapped up a week of deepest drop since June as better-than-estimated U.S. economic reports caused speculation that the Federal Reserve will begin cutting stimulus measures sooner than forecast. The Stoxx Europe 600 Index fell 2.7% to 316.5 last week. The regional benchmark index has still surged 13% in 2013 as central banks pledged […]
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