July 26, 2013 11:00 am
U.S. stock index futures fell, with the Standard & Poor’s 500 Index heading for its first week of decline out of five, as investors focused on earnings reports and consumer confidence data. Futures on the S&P 500 expiring in September slipped 0.3% to 1,679.2 at 11:45 a.m. in London. Contracts on the Dow Jones Industrial […]
Read moreJuly 26, 2013 9:24 am
The maker of popular video games such as World of Warcraft and Call of Duty is taking steps to sign $8.2 billion deal and assure independence from the French telecom and entertainment company. The decision to separate from Vivendi represents a “tremendous opportunity” for Activision, CEO Bobby Kotick said, further ensuring its foothold as the […]
Read moreJuly 26, 2013 7:27 am
The world’s biggest technology company by sales reported second-quarter revenue of 57.5 trillion won ($51.7 billion), a year-on-year increase of 20.1%. This was in line with estimations made by the company earlier this month, and fell short of analysts’ forecasts. Net profit was 7.8 trillion won ($7 billion) in the April to June quarter, a […]
Read moreJuly 26, 2013 6:55 am
U.S. stocks indexes jumped, putting to an end a two straight days of losses for the Standard & Poor’s 500 Index, as investors weighed corporate earnings and economic reports for clues on when the Federal Reserve may reduce stimulus measures. The S&P 500 soared 0.3% to 1,690.25 at 4 p.m. in New York, after earlier […]
Read moreJuly 25, 2013 1:56 pm
General Motors Co.’s second-quarter profit beat analysts’ estimates as the largest U.S. car and pickup maker is boosting growth with the one of the biggest waves of new models in its history. Profit excluding one-time items was 84 cents a share, GM said, exceeding the 77-cent average of 13 estimates compiled by Bloomberg. That compares […]
Read moreJuly 25, 2013 1:03 pm
Rolls-Royce said it intends to intensify its efforts to cut costs as the UK jet engine manufacturer declined to a 491 million pounds pre-tax loss in the first half of 2013. The group’s operating profit rose 32% in the six months to June 30, but it recorded a pre-tax loss partly because of losses on […]
Read moreJuly 25, 2013 11:15 am
U.S. stock-index futures fell, indicating the Standard & Poor’s 500 Index will continue to decline for a third consecutive day, as investors focused their attention towards economic reports to help assess when the Federal Reserve will reduce its bond-buying program. Futures on the S&P 500 expiring in September lost 0.7% to 1,672.4 at 7:06 a.m. […]
Read moreJuly 25, 2013 8:29 am
Google has made another attempt to find its place in the streaming video gadget market. The device which the tech giant is preparing to launch would cost around $35 and would have capabilities of streaming video to TV as well as adding other services. Google’s latest innovation in the segment, known as Chromecast, also involves […]
Read moreJuly 25, 2013 7:25 am
Facebook Inc persuaded investors it can perform great on smartphones and tablets on Wednesday, reporting a much better-than-anticipated surge in mobile advertising revenue in the second quarter that ignited a nearly 17% share rally. The worlds largest social network also reported an increase in daily visitors to its service, ignoring warnings that a new acquisitions […]
Read moreJuly 25, 2013 6:56 am
U.S. stocks indexes retreated, forming what seems to be a trend of slight drop, giving the Standard & Poor’s 500 Index its first-two day decline in a month, as investors weighed global manufacturing data and earnings reports from Caterpillar Inc. and Apple Inc. The S&P 500 fell 0.4% to 1,685.94 at 4 p.m. in New […]
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