April 28, 2014 7:26 am
According to people with knowledge of the matter, who asked not to be named because the issues are still not public, the largest drug manufacturer in the U.S. – Pfizer Inc. – intends to start over the negotiations over the acquisition of AstraZeneca Plc. This may be one of the biggest mergers in the health-care […]
Read moreApril 25, 2014 1:05 pm
The third-biggest car manufacturer in Japan – Honda Motor Co. Ltd reported today that its net income increased in the quarter from January to March 2014, boosted by sales in its home market that surged by 41%. The company also attributed the positive result to a weaker yen, but its full-year profit forecast missed analysts […]
Read moreApril 25, 2014 11:44 am
Microsoft Corp. made an official statement yesterday, revealing that its third-quarter net income was 5.66 billion dollars, or 68 cents a share, beating analysts projections of 63 cents per share. The company also revealed a 20.4-billion-dollar sales that matched the median analysts estimate. The results once again proved that Microsofts strategy to bet on cloud […]
Read moreApril 25, 2014 9:31 am
The second-biggest car manufacturer by volume in Europe – Peugeot SA – made an e-mailed statement today, revealing that its revenue for the first quarter of the current financial year increased by 1.9% due to a better performance of the company in its home market as well as to increased deliveries. However, the strong euro […]
Read moreApril 25, 2014 8:30 am
The largest auto manufacturer in the U.S. – General Motors Co. made an official statement, announcing its results for the first quarter of 2014. The performance of the company surpassed the analysts expectations, but was strongly influenced by the recent recalls the company has been dealing with. Still, the results showed that General Motors customers […]
Read moreApril 25, 2014 7:45 am
Despite announcing a revenue growth that has been better than initially expected, Amazon.com Inc. once again posted sparse profit due to the large expenses it had in cloud computing and shipping. The company also dispelled concern about the cost increase of its video and Prime unlimited shipping service. Amazon.com Inc. made an official statement, revealing […]
Read moreApril 24, 2014 1:45 pm
Nokia Oyj announced that the company has decided to exclude its phone factory located in India from the 5.44-billion-euro (7.5-billion-dollar) deal over the acquisition of its handset unit by Microsoft Corp. The reason for the companys decision is a tax dispute. As reported by Bloomberg, one of the spokeswomen of Nokia Oyj in India – […]
Read moreApril 24, 2014 12:44 pm
The Chief Executive Officer of Apple Inc. – Mr. Tim Cook made few steps yesterday in order to assure the companys investors that the companys robust gains have not come to an end. The company made an official statement, saying it will add 30 billion dollars to its stock-buyback plan and will boost dividends by […]
Read moreApril 24, 2014 9:34 am
Hyundai Motor Co., which is the biggest car manufacturer in South Korea and fifth-largest auto maker in the world, posted its first-quarter results that failed to meet analysts estimates due to the influence of the strong South Korean won on the companys earnings. Hyundai Motor Co. said in its statement, which was cited by the […]
Read moreApril 24, 2014 8:55 am
Facebook Inc., the biggest social network in the world, made an official statement revealing profit and revenue for the first quarter of 2014 that surpassed analysts estimates. The company posted a 72% increase in its first-quarter revenue and net income that is triple the size of its profit for the same period last year. The […]
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