November 4, 2013 3:23 pm
Berkshire Hathaways third-quarter profit jumped 29% due to diversification of businesses toward railroads and power production which provides steady gains. Warren Buffett, Berkshires chairman and chief executive, implemented into the company railroad and newspapers as well as power plants and utilities, among other businesses. At the core of the company stands its insurance operations, which […]
Read moreNovember 4, 2013 12:17 pm
U.S. stock-index futures climbed, after the Standard & Poor’s 500 Index rose last month, as investors closely examined company earnings and focused on this week’s releases on employment and economic growth. Futures on the S&P 500 expiring in December gained 0.1% to 1,756.9 at 11:55 a.m. in London. The benchmark index covering 500 stocks jumped […]
Read moreNovember 4, 2013 9:57 am
Ryanairs annual profit is set to fall for the first time in five years as fierce competition in Europe lowered average fares down by around 10% over the winter months, Europes largest airline by passenger numbers said today. Europes largest low cost carrier forecasts annual earnings may drop under the level of 2012,2013 when it […]
Read moreNovember 4, 2013 9:01 am
AT&T Inc. is observing the possibility for a potential takeover of Vodafone Group Plc next year, exploring a complex deal with Europe’s largest mobile carrier, people familiar with the situation said to Bloomberg. The deal isnt confirmed yet, and most likely a transaction wouldnt materialize until 2014 – thats when Vodafone will be free of […]
Read moreNovember 4, 2013 7:29 am
European stocks retreated on Friday, halting a week of gains, as Royal Bank of Scotland Group Plc and Renault SA fell, while investors were inspecting the U.S. manufacturing data to find signs for the outlook for the Federal Reserve’s stimulus program. The Stoxx 600 lost 0.3% to 321.5 points. The benchmark climbed 0.4% this week, […]
Read moreNovember 3, 2013 9:28 am
Tesla Motors Inc. experienced its biggest monthly loss of share price in October amid concern among some investors that the immense stock-price surge exxagerated the growth prospects for Elon Musk’s electric-car company. Even after the decline, companys stock is up 372% this year, a performance that let some investors call it a potential bubble. The […]
Read moreNovember 2, 2013 10:05 am
U.S. stocks jumped, which put to an end the first two-day drop in the Standard & Poor’s 500 Index in more than 20 days, as optimism about corporate earnings offset concern triggered by improving economic data that the Federal Reserve could reduce stimulus by the end of the year. The S&P 500 gained 0.3% to […]
Read moreNovember 1, 2013 1:35 pm
U.S. stock-index futures remain little changed, after the Standard & Poor’s 500 Index posted its first two-day drop in three weeks, as investors focused on manufacturing data to measure the strength of the world’s largest economy. Futures on the S&P 500 expiring in December rose 0.2% to 1,754.9 at 9:15 a.m. in New York. The […]
Read moreNovember 1, 2013 10:06 am
Nissan Motor Co. announced Chief Operating Officer Toshiyuki Shiga would step aside from his position, to a job handling external affairs in implementing management shift as the company struggles with quality issues. Earlier last month Nissan Motor Co said it is recalling 188,302 sport utility vehicles globally, mostly in the United States, to fix faulty […]
Read moreNovember 1, 2013 9:01 am
Google Inc. unveiled the next version of Nexus smartphone on Thursday as well as a new version of its Android mobile operating system under the name of “KitKat”. When it was released last year, the older version – Nexus 4, was one of the best Android smartphones around, having just one drawback – not supporting […]
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