April 24, 2014 7:58 am
Qualcomm Inc., currently the biggest mobile phone chip manufacturer in the world, made a statement announcing that its profit for the second-quarter of 2014 rose by 5%, but forecast third-quarter profit and revenue that may fail to reach some analysts forecasts. The company revealed its projection for the quarter through June, saying that its revenue […]
Read moreApril 24, 2014 6:56 am
The largest plane manufacturer in the world – Boeing Co. made a statement revealing that its core profits for the first quarter of 2014 rose due to steady demand for the newest jetliners. In addition, the company also increased its forecast for the current financial year and showed 615 million dollars in free cash flow. […]
Read moreApril 23, 2014 2:25 pm
Procter&Gamble Co. made a statement, revealing that its profit generated over the third quarter increased by 1.7% from 2.57 billion dollars a year earlier and reached 2.61 billion dollars due to decreasing costs. The company shared that its sales slightly decreased, while core earnings beat analysts forecasts. As reported by the Financial Times, the companys […]
Read moreApril 23, 2014 12:58 pm
The French telecoms and cable operator Numericable Group SA is planning to sell a record 8.5 billion euros (11.6 billion dollars) of junk bonds today. The step is provoked by the companys push to raise funds in order to finalise its purchase of the second-largest telecoms group in the country – the SFR of Vivendi […]
Read moreApril 23, 2014 12:08 pm
The semiconductor manufacturer ARM Holdings Plc, which is responsible for making chips used in about 95% of all smartphones, made an official statement today, announcing that its revenue from royalties over the first quarter of the current financial year slowed its growth due to decreasing demand for high-end smartphones. Mr. Simon Segars, the Chief Executive […]
Read moreApril 23, 2014 10:01 am
The largest maker of wireless networks in the world – Ericsson AB – made a statement today, revealing its sales over the first quarter of the financial 2014, which failed to reach analysts estimates. The results are considered to be due to the fact that the company bet on more attractive deals in order to […]
Read moreApril 23, 2014 9:11 am
AT&T Inc. revealed that its first-quarter revenue increased by 3.6% in the first quarter, as the company added more subscribers and also thanks to customers who paid full smartphone price rejecting discounts offered by the company. AT&T Inc. posted a 32.5-billion-dollar revenue for the first three months of 2014. Mr. John Stephens said for reporters […]
Read moreApril 23, 2014 9:05 am
The largest auto manufacturer in the U.S., General Motors Co. made an official statement, announcing that the Vice President of its global vehicle engineering division Mr. John Calabrese will retire. According to the companys statement, the reorganization will include splitting the engineering division into two separate units and doubling the number of investigators in response […]
Read moreApril 22, 2014 2:26 pm
Comcast Corp., which is currently considered as the biggest cable company in the U.S., made an official statement, announcing its results for the first quarter of the current financial year. The company revealed that its first-quarter profit increased by 30% due to video subscriber growth. In its statement Comcast reported that its revenue amounted 17.4 […]
Read moreApril 22, 2014 12:48 pm
Tencent Holdings Ltd, the largest Internet company in Asia, intends to sell dollar-denominated bonds in two tranches after the company has recently launched a program, which allows it to raise up to $5 billion in bonds over the next year. According to people with knowledge of the matter, who asked not to be named because […]
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