Stock News

Novartis considers a veterinary unit spin-off

Novartis AG, which is one of the worlds most successful pharmaceutical and consumer healthcare products manufacturers. The company is based in Basel, Switzerland and specializes in both human and animal health products. These days it became clear that the animal-health business of Novartis is drawing interest from some drug-makers, such as Merck & Co. and […] Read more

US stocks decline for a third day over Fed concern

US stocks declined for a third day, as investors focused on upcoming economic data this week that may offer clues on when the Federal Reserve will reduce stimulus. The Standard & Poor’s 500 Index lost 0.3% to 1,795.15 at 4 p.m. in New York. The Dow Jones Industrial Average has fallen for three consecutive days, […] Read more

Nintendo fails to meet the forecasts of its full-year profit

Recent market analysis have shown that, after Sony Corp. and Microsoft Corp. have both managed to sell more game consoles in 24 hours than Nintendo Co. did in the last nine months, the chances of Nintendo to meet its profit and justify its sales forecasts sharply decrease. The more family-focused content of Nintendo seems to […] Read more

Mercedes-Benz beats BMW on the luxury car market in U.S.

Daimler AGs Mercedes-Benz has long been second on the luxury car market in the United States, while BMW has occupied the first place among the most successful companies in the business over the last couple of years. However, this year Mercedes-Benz has all the chances of beating BWM and becoming the top-selling luxury-car maker in […] Read more

Apple buys the social analytics firm Topsy in order to track Twitter

Apple Inc. has recently bought Topsy Labs Inc., which is commonly known as one of the main providers of social-media analytics on Twitter. Topsy is one of the analytics specialists, who deals with checking the frequency which a term is tweeted with, finding and influential person or issue, etc. This is only one of the […] Read more

US stocks extend declines amid factory data

US stocks retreated, with the Standard & Poor’s 500 Index extending declines in the final hour of trading, as data showed manufacturing unexpectedly climbed last month amid reports on holiday retail sales. The S&P 500 dropped 0.3% to 1,800.90 at 4 p.m. in New York, after earlier rising as much as 0.2%. The Dow Jones […] Read more

More web companies start building TV ads campaigns

Three of the largest global web and technology companies – Google Inc., AOL Inc. and Yahoo Inc. have been recently doing their best in order to attract more advertisers to their outlets and chase them away from television. However, television proved itself to be a strong competitor, even for some of the most successful website […] Read more

Nestlé goes through some difficulties on the path towards a healthier future

Being one of the leading companies in the food and beverage production business, Nestlé SA has always been one of the most reputable companies worldwide, too. Over the last years its name has become an epitome of consistency, solidity, and of course – success. This makes it one of the most famous, loved and long-lasting […] Read more

Amazon is making some tests with drones for their deliveries

Jeff Bezos, who is the founder of Amazon announced that the company is currently developing unmanned aerial drones that are planned to be used for customers delivery in five years. Bezos said: “I know this looks like science fiction. Its not.” The company is known as the worlds largest companies in the retail business, which […] Read more