October 19, 2014 9:02 am
General Electric Co. reported its third-quarter results surpassed analysts initial estimates as margins in its industrial unit were boosted by Chief Executive Officer Jeffrey Immelts cost reduction efforts. The company said in its statement, which was cited by Bloomberg: “GE continues to make good progress with its simplification goals. The company is on track to […]
Read moreOctober 17, 2014 12:57 pm
Google Inc. made an official statement in regard to its results in the third quarter of the fiscal year. The companys profit and revenue came short of initial forecasts by experts at a time when the U.S.-based search provider is trying to bring a new life to its advertising sales. According to the statement, Googles […]
Read moreOctober 17, 2014 11:36 am
Rolls-Royce Holdings Plc made an official statement today that it has reduced its full-year sales projection. The company expects its revenue to decline instead of staying unchanged due to delayed customers orders and the trade sanctions imposed on Russia. The Chief Executive Officer of the U.K.-based engine manufacturer, Mr. John Rishton, said in the statement, […]
Read moreOctober 17, 2014 9:39 am
The shares of Chesapeake Energy Corp. increased the most in more than half a decade after the company revealed that it intends to dispose of its natural gas and oil shale fields by selling them to Southwestern Energy Co. The deal is estimated to $5.4 billion and is considered the largest divestment of the company. […]
Read moreOctober 17, 2014 8:14 am
Apple Inc. revealed its upgraded iPads and Macintosh computers at an event in its headquarters. This move by the company highlights the fact that its Chief Executive Officer, Mr. Tim Cook, is ready for the holiday season with a full range of new products in order to attract more customers. J.P. Gouwnder, an analyst at […]
Read moreOctober 16, 2014 1:56 pm
The biggest contract chips maker by revenue in the world – Taiwan Semiconductor Manufacturing Co. Ltd revealed that its net profit over the quarter ended September 30th amounted to TW$76.36 billion ($2.51 billion). The result was a 47% increase compared to the net profit of TW$51.95 billion, reported a year ago. The company also stated […]
Read moreOctober 16, 2014 1:02 pm
Roche Holding AG made an official statement today that its sales over the third fiscal quarter increased by 1.8%, as its revenue rose because of the new cancer drugs Kadcyla and Perjeta. Chi Tran-Brändli, an analyst at J. Safra Sarasin, commented on the companys performance over the quarter for the Wall Street Journal: “Roche delivered […]
Read moreOctober 16, 2014 9:45 am
Google Inc. officially revealed three new Android-based devices under its Nexus brand, including a smartphone, a tablet and a set-top box for TVs. The new products announcement comes at a time, when the company is facing the fierce rivalry of Apple Inc. for high-end customers. The largest search engine in the world, also said it […]
Read moreOctober 16, 2014 8:51 am
eBay Inc. announced its sales forecast for the fourth quarter of the fiscal year, which missed initial analysts projections. The lower forecast comes as a result of the fact that the U.S.-based company is still recovering after it was hurt by a security breach, which affected customer growth. The company made an official statement, revealing […]
Read moreOctober 16, 2014 7:42 am
Netflix Inc. said in a report that its subscriber growth over the third financial quarter failed to reach the initial companys projection due to the fact that new contracts for its video-streaming service were affected by a recent price increase. The Chief Executive Officer of the company, Reed Hastings, and Chief Financial Officer, David Wells, […]
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