November 11, 2014 9:47 am
The biggest restaurant chain in the world – McDonalds Corp. – reported that October same-store sales surpassed analysts forecasts in a sign its turnaround strategy is proving to be successful. According to the companys statement, global sales at stores open for more than a year declined by 0.5%. This result was better than the previously […]
Read moreNovember 11, 2014 8:11 am
Google Inc. has reached an agreement with NASA for a $1.2-billion lease of its Moffett Field airfield located in California over sixty years. The transaction is considered as part of the companys strategy to invest in new technologies like aviation and robotics. The vice president of real estate and workplace services at Google – Mr. […]
Read moreNovember 10, 2014 1:05 pm
Danish brewer Carlsberg A/S said that it improved on its already leading position in Russia as it worked on boosting its presence and brands visibility. According to Carlsbergs statement, the companys Russian volume share improved from 36.5% in the previous period to 37.9% in the third quarter of the fiscal year. The company also reported […]
Read moreNovember 10, 2014 10:15 am
Boeing Co. managed to win an order from Japan-based lessor SMBC Aviation Capital Ltd. estimated at $8.5 billion, coming at a time of increased demand for new planes in Asia in order to meet travel growth in the region. The President and Chief Executive Officer of the Boeing Commercial Airplanes unit – Mr. Ray Conner […]
Read moreNovember 10, 2014 8:49 am
Nissan Motor Co. revealed that it is expanding its recalls in the US by withdrawing more than 52 000 vehicles due to a defect with their air-bag inflators. According to the companys statement, the problem with the passenger air bags of the vehicles could trigger an explosion and send metal shards into the passenger compartment. […]
Read moreNovember 7, 2014 10:43 am
Puma SE announced that its profit fell during the third quarter at a time of large investments in new products offerings on the market. Apart from revealing its Q3 results, the German sporting-goods manufacturer also increased its full-year sales projection. The companys Chief Executive Officer Bjoern Gulden said in a statement: “In a good third […]
Read moreNovember 7, 2014 8:42 am
Yesterday’s trade saw USD/CAD within the range of 1.1446-1.1375. The pair closed at 1.1424, adding 0.34% on a daily basis. At 8:42 GMT today USD/CAD was up 0.07% for the day to trade at 1.1433. The cross held in a daily range of 1.1421-1.1446. Fundamental view United States Employers in all sectors of economy in […]
Read moreNovember 7, 2014 8:31 am
AstraZeneca Plc reported quarterly results on Thursday and also projected that its 2014 earnings decline will be smaller than initially expected as one of its best-selling drugs, called Nexium, remains largely unaffected by generic competition. The Chief Executive Officer of the company – Mr. Pascal Soriot said in a statement: “This enhanced execution of our […]
Read moreNovember 6, 2014 12:23 pm
The biggest European engineering company – Siemens AG reported that its fourth-quarter profit rose by 28% and announced it will sell its hearing-aid business assets at the price of €2.2 billion ($2.7 billion). The Chief Executive Officer of Siemens – Mr. Joe Kaeser said in a statement: “We delivered the results we originally promised for […]
Read moreNovember 6, 2014 9:27 am
Qualcomm Inc., the biggest smartphone chips manufacturer in the world, reported downbeat quarterly results and posted a warning that its 2015 profit and revenue will be hit by the fallout from a probe by the Chinese government. The company also shared that it is facing a couple of new investigations led by the regulatory authorities […]
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