October 7, 2013 1:26 pm
U.S. stock-index futures sank, pointing out to lower opening of the Standard & Poor’s 500 Index which may extend two weeks of losses, as negotiations to lift up the nation’s debt limit and avoid a default made little progress. S&P 500 futures expiring in December fell 0.8% to 1,671 at 8:56 a.m. in New York […]
Read moreOctober 7, 2013 9:16 am
Peter Voser’s four-year journey as a CFO and CEO in the Royal Dutch Shell hot seat is leaving investors a lot surer of Shell than they were in 2009. As chief financial officer and then as chief executive, Mr Voser helped transform a group that was troubled to its foundations by a reserves accounting scandal […]
Read moreOctober 7, 2013 7:17 am
Airbus announced it had won its first jet order from Japan Airlines today, breaking into the last major aviation market dominated by rival Boeing. The aicraft manufacturer entered Boeings “airspace” with a deal that involves the sale of 31 A350 aircraft to Japan Airlines and is worth $9.5 billion based on list prices. The first […]
Read moreOctober 7, 2013 6:29 am
U.S. stocks advanced, with the Standard & Poor’s 500 Index compensating for weekly decline, as optimism grew that the lawmakers would reach a deal to end the budget impasse and avoid a default on the federal debt. The S&P 500 added 0.7% to 1,690.50 at 4 p.m. in New York. The Dow Jones Industrial Average […]
Read moreOctober 4, 2013 2:03 pm
Taiwanese smartphone producer HTC has taken a firm position against the idea of a takeover, said Cher Wang co-founder and chairperson of the company, which conceded its first-ever quarterly loss on Friday driven by slumping sales amid aggressive competition in the global handset market. “We dont need to be taken over,” Wang told CNBCs Managing […]
Read moreOctober 4, 2013 11:15 am
US stock-index futures rose, pointing out the Standard & Poors 500 index could trim its weekly decline as investors are focused on expected talks to end the government shutdown and raise the debt limit. S&P 500 futures expiring in December added 0.2% to 1,673.3 at 7:05 a.m. New York time as House Republicans prepared to […]
Read moreOctober 4, 2013 9:11 am
Twitter has filed to become public, saying it will sell shares under the name “TWTR”. The IPO will initially seek to raise up to $1 billion. In its first public disclosure of financial performance, Twitter revealed it is growing revenue fast but still losing money. In a registration filing with the Securities and Exchange Commission, […]
Read moreOctober 4, 2013 7:47 am
Samsung Electronics Co estimated its July-September earnings rose 25% to a record $9.4 billion (10.1 trillion won) amid a strong recovery in memory chip prices which helped counter a slight slowdown in the South Korean companys smartphone business. The South Korean firm estimated its third-quarter sales rose to 59 trillion won, versus a market forecast […]
Read moreOctober 4, 2013 6:56 am
U.S. stocks fell, with the Standard & Poor’s 500 Index dropping the most in a month, as data showed weaker-than-forecast growth in service industries and concern over partial government shutdown. The S&P 500 lost 0.9% to 1,678.66 at 4 p.m. in New York, its steepest slide since Aug. 27. The Dow Jones Industrial Average fell […]
Read moreOctober 3, 2013 12:47 pm
Dell took a big step in unveiling a new family of tablets and new laptops, including a two-in-one Ultrabook. The Dell Venue line of tablets is comprised of four new thin models designed to comply with everyday lifestyle. Dell’s “damn sexy” tablets, as described by leading Enderle Group analyst, Rob Enderle, deliver leading performance and […]
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