January 31, 2014 1:19 pm
Honda Motor Co. Ltd announced that its net profit for the quarter from October to December 2013 more than doubled from the one posted in 2012, due to the weaker yen and the companys solid sales in Japan, North America and other Asian markets compensate for the solid investments made in new plants in emerging […]
Read moreJanuary 31, 2014 11:35 am
Two people with knowledge of the matter reported that a successor to the Microsofts Chief Executive Officer Steve Ballmer may be named by the directors of the company within days. One of the people explained that the Executive in charge – Satya Nadella – is considered as the most likely choice, cautioning that the board […]
Read moreJanuary 31, 2014 9:22 am
Google Inc. announced that its fourth-quarter sales that beat analysts estimates as retailers spent more on advertising during the Christmas holiday season, making up for lower ad prices. The company made an official statement, saying that its revenue, excluding sales passed on to partners, rose by 11% and reached 13.6 billion dollars. Google Inc. also […]
Read moreJanuary 31, 2014 8:30 am
The largest Web retailer in the world – Amazon.com Inc. – announced that its fourht-quarter revenue and profit trailed the analysts estimates. These results were facilitated by the fact that sales growth outside the U.S. slowed, and the holiday shipping costs of the company increased. Amazon.com Inc. made a statement today, explaining that its net […]
Read moreJanuary 31, 2014 7:28 am
Stocks rebounded from a string of declines sparked by turmoil in developing markets. Stronger-than-forecast earnings reports helped pushing stocks toward gains, investors said, led by Facebook and Visa. The Dow Jones Industrial Average advanced 109.82 points, or 0.7%, to close at 15848.61. The S&P 500 added 19.99 points, or 1.1%, to 1794.19, the biggest gain […]
Read moreJanuary 30, 2014 1:33 pm
Royal Dutch Shell Plc announced that it has decided to suspend its controversial drilling in Arctic waters off Alaska as part of a multibillion-dollar scaling back of spending on new projects under Ben van Beurden, who is the new Chief Executive Officer of the company. Today the oil company announced that an appeals decision of […]
Read moreJanuary 30, 2014 11:58 am
Facebook Inc. made a statement announcing that more than half of its advertising revenue for the last quarter came from mobile devices. The company said that its revenue increased by 63% and reached 2.59 billion dollars, and its profit excluding some items, was estimated to 31 cents a share. According to data compiled by Bloomberg, […]
Read moreJanuary 30, 2014 9:31 am
The worlds largest mobile-phone chip manufacturer – Qualcomm Inc. posted fiscal first-quarter profit that beat analysts estimates, by which the company managed to prove beliefs that slowing smartphone growth would have an negative impact on earnings wrong. Qualcomm Inc. made an official statement, explaining that its profit excluding some costs during the quarter that ended […]
Read moreJanuary 30, 2014 8:35 am
Symantec Corp. announced that it expects a revenue that trails some analysts estimates amid declines in the personal-computer market and the emergence of advanced hacking threats influenced on traditional antivirus software demand. Symantec Corp. made an official statement, explaining that its fiscal fourth quarter sales are expected to be from 1.62 to 1.66 billion dollars. […]
Read moreJanuary 30, 2014 7:40 am
Lenovo Group Ltd announced that it agreed to buy the Motorola Mobility phone unit of Google Inc. The deal is estimated to 2.91 billion dollars and is just another move in the line of the companys acquisition campaign of technology businesses in the U.S. The deal is expected to create the third-largest smartphone vendor in […]
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