Result Page 213 for Archives

Electrolux AB down after US Justice Department's refusal

Electrolux AB fell in the US trading after the US Justice Department rejected a proposal to resolve the Swedish company’s antitrust lawsuit that would block the $3.3 billion acquisition of General Electric’s household-appliance business.

Nov 02, 2015 3:54 AM EST

News

Smartphones outpace PCs among US adults: Pew study

The latest study done by Pew Research Center shows that computer ownership among people under 30 is fast dropping, while smartphone ownership is increasing. Almost one-third of US adults own a smartphone, 45 percent own tablets, 40 percent own consoles and 14 percent own portable consoles.

News

LinkedIn beats expectations as its stock gets 12% boost

LinkedIn announced the third quarter financial report that is better than analyst expectations. The company's shares jump 12%.

News

Pfizer and Allergan is in talk for a merger

Pfizer and Allergan are currently in a preliminary stage for the biggest merger deal in the pharmaceutical industry. However, there are still lots of problems that need to be solve including the tax inversion accusation made by politicians in the US.

PetroChina Q3 profit slips on oil price rout

China's biggest oil company PetroChina recorded 81.4% fall in profit for the third quarter indicating 52% below the analysts' forecast. The continuous fall of oil price impacted the performance of the company. Analysts expect rebalancing of oil price in next 12 months.

Nov 02, 2015 2:20 AM EST

Virgin America beats forecast in Q3

Virgin America has surpassed market estimates in revenues for the third quarter of 2015 as it posted $71.9 million revenues as against the forecast of $67mn. The US-based airline operator indicated that earnings per mile may fall in the fourth quarter owing to increasing competition and falling airfares.

Nov 02, 2015 12:25 AM EST

SolarCity reported $114 Million in Q3 2015 Earnings, beating analyst $111 million forecast

SolarCity beats analysts’ expectations announcing a $144 million increase in revenue in the third quarter of this year, as analysts only projected $111 million.

Nov 01, 2015 10:05 PM EST

Microsoft Band 2: You must sweat the small stuff

Microsoft launches the Microsoft Band 2, the new generation of fitness and tracker. It has upgraded design and features including additional sensor for better performance.

Nov 01, 2015 9:53 PM EST

GoPro misses revenue targets on sluggish sales, marketing mistakes

Wearable cameras manufacturer GoPro's results missed the market forecasts. Despite 43 percent growth in reenues, GoPro couldn't meet the forecast as sales on new products were not encouraging. However, the company sees growing demand in overseas markets such as Japan, South Korea and China.

Nov 01, 2015 9:13 PM EST

Despite growth in lending, UK mortgage approvals dive down

The UK property market witnessed unexpected fall in approvals in September while net mortgage lending grew encouragingly. The housing market is still showing undercurrent potential as house-price growth is picking up in the current month.

Nov 01, 2015 9:06 PM EST

Google Photos' new enhancements include hiding photos of specific people

Google Photos has new enhancements in its Android app. These updates include better app performance, face matching features, and it can also allow users to hide photos of specific people.

Nov 01, 2015 9:00 PM EST

Apple created virtual reality music video for U2

Apple and U2 teamed up on VR music video to be available on Vrse App. The collaboration also launched "The Experience Bus", Oculus equipped double decker that will bring VR experience to the band's fans in Europe during the tour.

Nov 01, 2015 8:59 PM EST

Gold down to its lowest for three weeks as investors look for Dec Fed hike

Gold prices are at their lowest levels in three weeks after the Federal Open Market Committee announced that there would not be a rate hike.

Nov 01, 2015 8:24 PM EST

Microsoft Announces Arrow Launcher for Android

On October 28, Microsoft introduced its Arrow launcher, an application that customized Android home screen. It also shows how Microsoft embraced their cross-development strategy with other operating system.

Nov 01, 2015 8:09 PM EST

American Flagship Lounge: New Flagship Premium Lounge Coming to DFW Terminal D

The American's plan of providing a Flagship lounge in Dallas has been confirmed. And these American's Flagship Lounges are considered as their first class lounges.

Nov 01, 2015 3:14 AM EST

Alex Teuscher explores the Ancient Temples of Angkor Wat, Cambodia

Angkor Wat temples in Siem Reap, Cambodia is hailed as the world's largest religious monument. Moreover, photographer Alex Teuscher took interest to visit and photograph the ancient temples found in the Angkor region.

Nov 01, 2015 2:29 AM EST