August 3, 2014 10:36 am
Shares in the United Kingdom marked the most considerable daily loss since early July on Friday, as a number of commodity-producing companies dropped, following a downbeat manufacturing data released out of China. The FTSE 100 Index fell 0.76%, or 50.93 points, to close at 6,679.18 in London. This has been the largest daily loss since […]
Read moreJuly 27, 2014 9:54 am
Shares in the United Kingdom dropped on Friday, following three consecutive trading sessions of gains, as investors mulled over reported earnings and mergers and acquisitions. The FTSE 100 Index fell 0.44%, or 29.91 points to close at 6,791.55 in London on Friday. 24 companies recorded daily gains, while 77 registered a daily loss. However, the […]
Read moreJuly 25, 2014 1:33 pm
Royal Bank of Scotland Group Plc, which is currently the largest state-owned bank in the U.K., made an official statement today and announced that its pretax profit over the first six months of the fiscal year almost doubled. The company also revealed that it expects to meet its target of reducing expenses by about 1 […]
Read moreJuly 25, 2014 12:57 pm
British Sky Broadcasting Group Plc made an official statement today, revealing that its full-year revenue increased by 5.5% due to the increased customer demand for the pay-TV providers phone, TV and Internet services. Mr. Jeremy Darroch, who currently occupies the position of Chief Executive Officer, said in the companys statement, which was cited by Bloomberg: […]
Read moreJuly 25, 2014 11:56 am
Vodafone Group Plc, the second-biggest mobile-phone carrier by subscribers in the world, posted an eighth straight service revenue decline but revealed that its struggling markets on the territory of Europe are starting to improve. Mr. Vittorio Colao said in the companys statement, which was cited by Bloomberg: “Our performance is beginning to stabilize quarter-on-quarter in […]
Read moreJuly 25, 2014 9:46 am
Amazon.com Inc., the biggest US online retailer, posted second-quarter figures on Thursday, revealing a net loss after intensive investments hurt margins despite a sizable increase in revenue. The company reported a second-quarter loss of $126 million, which is more than double of Amazons previous estimates. Sales, however, increased by 23% and reached $19.3 billion. The […]
Read moreJuly 25, 2014 9:02 am
The biggest mining machinery manufacturer – Caterpillar Inc. reported its results over the second fiscal quarter and posted a full-year forecast for its sales and earnings. According to the companys statement, Caterpillars profit over the second quarter rose by 4% to 999 million dollars, or 1.57 dollars per share, from 960 million dollars, or 1.45 […]
Read moreJuly 25, 2014 7:38 am
Ford Motor Co. announced that its net income over the second quarter of the current financial year increased by 6% due to record results in North America, strong performance in Asia and a quarterly profit in Europe. In its statement dated July 24th, Ford Motor Co. said that its second-quarter net income jumped to 1.3 […]
Read moreJuly 24, 2014 1:39 pm
The biggest auto manufacturer in South Korea – Hyundai Motor Co. -posted second-quarter figures today, revealing that its profit declined due to the strong performance of the South Korean won that affected the companys earnings generated at overseas markets. According to the companys statement, the net income of Hyundai Motor Co. fell by 6.5% from […]
Read moreJuly 24, 2014 11:59 am
The largest cancer drug manufacturer in the world – Roche Holding AG made an official statement today, revealing that its profit over the first fiscal quarter declined by 7% as the strength of the Swiss franc that offset the companys new drugs rising sales. According to the statement of Roche Holding AG, the companys net […]
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