January 14, 2014 7:48 am
The two Chief Executive Officers of Acer Inc. explained their view of the future of the company, as well as their strategy to make it more successful, while sharing that the strategic miscalculations of Acer have led to three consecutive years of losses. Now it seems that Mr. Stan Shih, who is Acers founder and […]
Read moreJanuary 14, 2014 7:40 am
U.S. stocks retreated the most since November 7, recording the Standard & Poor’s 500 Index’s worst start to a year since 2009 as investors weighed equity valuations and the outlook for economic stimulus. The S&P 500 Index slumped 1.3% by 4:30 p.m. in New York after reaching highest valuation in four years at the end […]
Read moreJanuary 13, 2014 3:15 pm
Alcatel-Lucent SA is currently negotiating with some potential buyers such as Unify GmbH & Co. KG, a Gores Group LLC and Siemens AG venture for selling its enterprise business. The enterprise unit of the company is one of the largest units selling telecommunications equipment and services. It has proved to be quite successful, with its […]
Read moreJanuary 13, 2014 1:58 pm
The largest automaker in the world – Toyota Motor Corp. forecasts sales growth in the U.S. The company expects to reach 2.3 million vehicles sold this year, which is an increase by 100,000 vehicles and about 4-5% more than the units sold in 2013. The forecast was announced yesterday in Detroit by Jim Lentz, who […]
Read moreJanuary 13, 2014 1:36 pm
Google Inc. has managed to enter the top ranks of technology companies building stockpiles of legally-protected innovations, thanks to the fact that the company was awarded nearly 2,000 patents in the U.S. over 2013. This is almost double the number of all previous year combined. Analysis of patent office filings reveal that the rapid growth […]
Read moreJanuary 13, 2014 9:28 am
People with knowledge of the matter revealed that Hewlett-Packard Co. seeks stability and consolidation of the company after a few years of board reorganization. That is the reason why the company plans to renominate its slate of directors, including Mr. Ralph Whitworth, who is an activist investor and interim chairman. According to the director of […]
Read moreJanuary 13, 2014 8:32 am
The great demand for some of Volkswagen AG groups key brands, such as Audi and Porsche on the U.S. and Chinese market resulted in record growth of the global sales of the company. Currently Volkswagen AG is the largest auto maker in Europe. The company made an official statement on Saturday, announcing that its global […]
Read moreJanuary 10, 2014 3:34 pm
SAP AG continues to try booking more than 1 billion Euro in annual cloud sales. The company is currently pushing the transition from providing on-premise business software to allowing customers to rent software via the web. SAP booked 758 million Euro in sales from cloud subscriptions and support in 2013. According to some preliminary figures […]
Read moreJanuary 10, 2014 1:37 pm
Cineworld Group Plc is about to make a deal, which is expected to result in creating the second-largest multiplex chain by market share in Europe. The company, which is the largest cinema group in the U.K., is about to acquire Cinema City International for 503 million pounds in cash and shares. According to the terms […]
Read moreJanuary 10, 2014 12:00 pm
The shares of UbiSoft Entertainment SA rose to the highest in almost a three-month period, after the 13-year ban on video-game consoles was lifted by China. The sales of the gaming machines of Sony Corp. and Microsoft Corp. also helped drive the stock. UbiSoft Entertainment SA is one of the most famous producers, editors and […]
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