October 23, 2014 2:01 pm
General Motors Co. made an official statement today that its third-quarter profit increased by 1%, only a month after its Chief Executive Officer, Mary Barra, said the companys investors are putting her under pressure to boost performance. The Chief Financial Officer of the company, Chuck Stevens, said in a news release, cited by the Wall […]
Read moreOctober 23, 2014 1:09 pm
Publicis Groupe SA reduced its annual sales projection after the revenue it reported over the third quarter missed analysts forecasts, as the company has been facing difficulties due to a failed merger with Omnicom Group Inc. The companys Chief Executive Officer, Maurice Levy, said in an interview for the Wall Street Journal: “Performances don’t live […]
Read moreOctober 23, 2014 9:56 am
Nokia made an official statement today that its earnings over the third quarter of the fiscal year rose due to the increasing network spending by the phone carriers located in the U.S. and China. According to the companys statement, Nokias profit excluding some items over the third three months of the year, increased from 6 […]
Read moreOctober 23, 2014 9:06 am
The third-biggest luxury vehicles manufacturer in the world – Daimler AG – made an official statement today that its profit over the third quarter of the current fiscal year increased by 21% due to larger deliveries of its Mercedes-Benz S-Class line. The Chief Executive Officer of the company, Dieter Zetsche, said in the statement, cited […]
Read moreOctober 23, 2014 7:00 am
Twitter Inc. is seeking a way to reach beyond its core messaging application and invests in a series of acquisitions in order to become more competitive against its biggest rivals Google Inc., Apple Inc. and Facebook Inc. The company is also trying to get into China, where its microblogging service is banned by the government. […]
Read moreOctober 22, 2014 2:49 pm
The U.S.-based storage computers manufacturer, EMC Corp., reported today on its earnings over the third fiscal quarter, which came below initial analysts forecasts, amid decreasing customer spending on storage. According to the companys statement, EMC profit for the period, excluding some expenses, amounted to 44 cents per share. Its revenue increased by 8.9% to reach […]
Read moreOctober 22, 2014 2:05 pm
Boeing Co. made an official statement today that its earnings rose by 17% over the third quarter due to stable demand for its jetliners. In addition, the U.S.-based company also boosted its full-year profit forecast. According to the statement by Boeing, the company projected that its earnings for 2014, excluding some pension costs, will be […]
Read moreOctober 22, 2014 12:44 pm
Deutsche Lufthansa AG made an official statement today that it intends to sell a stake in its information-technology unit to International Business Machines Corp. Lufthansa agreed to sign a seven-year service contract with IBM in order to cut expenses. The Chief Financial Officer of the company, Simone Menne, took a statement, cited by the Wall […]
Read moreOctober 22, 2014 9:08 am
Heineken, which rejected to negotiate with SABMiller Plc in September, made an official statement on its results for the third fiscal quarter. It became clear that its sales growth during the period missed initial analysts forecasts. The Chief Executive Officer of the company, Jean-François van Boxmeer, said in a statement, cited by the Wall Street […]
Read moreOctober 22, 2014 7:37 am
The Chief Executive Officer of Yahoo! Inc., Marissa Mayer, defended the turnaround strategy of the company after she was posed a challenge by the activist investor Starboard Value LP. Ms. Mayer started with a report of Yahoos earnings over the third fiscal quarter. Yahoos CEO said in an interview for Bloomberg: “Today was really a […]
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