January 6, 2014 10:02 am
The Boeing Co.s efforts to aggressively control costs and avoid disruption for one of its most important new jetliners were crowned with success after finalizing the deal of the company with its largest union, as reported by the Wall Street Journal. The ratification vote on the eight-year deal late on Friday ended 51% to 49% […]
Read moreJanuary 6, 2014 9:03 am
HTC Corp., which is the largest smartphone maker, based in Taiwan, announced that its net income missed analyst estimates for a fourth consecutive quarter, as reported by Bloomberg earlier today. The decline in the companys sales was also a result from the rising Chinese brands competition. Bloomberg has also calculated that the data about the […]
Read moreJanuary 3, 2014 2:38 pm
As the Financial times reported earlier today, Next Plc raised its forecast for full-year profits. The U.K. fashion chain proclaimed itself as a winner of the Christmas shopping season. The last holiday trading period was quite difficult for retailers, especially considering the fact that most stores made heavy discounts in order to meet the customers […]
Read moreJanuary 3, 2014 1:08 pm
The President and Chief Operating Officer of Qualcomm Inc. – Steve Mollenkopf – contributed to the strengthening the positions of the companys chips as the top-selling phones in the world. Qualcomms President now takes the challenge of making a more serious invasion in the Chinese market, which is considered the worlds biggest. Steve Mollenkopf has […]
Read moreJanuary 3, 2014 9:55 am
Cybersecurity company FireEye Inc. revealed it has acquired the computer forensics specialist company Mandiant Corp., which specializes in malware detection and incident response. The deal was finalized on December the 30th and is estimated to 1.05 billion dollars and its goal is to help FireEye Inc. consolidate providers of services that protect computer networks from […]
Read moreJanuary 3, 2014 7:53 am
The Chairman of Samsung Electronics Co. – Lee Kun Hee pushed the employees of the company to adopt some new ways of thinking and try to shift their focus on hardware, which he believes would give the company, which is considered the worlds biggest smartphone and televisions manufacturer, the opportunity to maintain its growth. Here […]
Read moreJanuary 2, 2014 3:00 pm
Fiat SpA announced yesterday that it would get full control of Chrysler Group LLC after finalizing a deal estimated to 4.35 billion dollars. The deal is expected to give both auto companies a chance for consolidation. The deal also assumes a value of over 10 billion dollars for Chrysler, which is a value within the […]
Read moreJanuary 2, 2014 9:45 am
As reported by the Wall Street Journal, Apple Inc. made a statement on Tuesday this week denying it worked with the National Security Agency (NSA) in order to provide the latter with a backdoor way to spy on iPhone users. The company also claims that it was not aware of the existence of any program […]
Read moreJanuary 2, 2014 8:04 am
The two largest automakers in South Korea – Huyndai Motor Co. and its affiliate Kia Motors Corp. announced they expect slowest sales growth in almost a decade during 2014. On the other hand, the competition between them and their Japanese rivals, which benefit from a weaker yen, is becoming more fierce than ever. The companies […]
Read moreDecember 21, 2013 1:28 pm
Facebook Inc. officially announced that the company and its stakeholders are going to sell shares estimated to 3.85 billion dollars in its first stock offering since the company went public last year. In a statement, made yesterday, the company said that 70 million shares were priced at 55.05 dollars each. Facebook will offer about 27 […]
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