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
Ferrari shares rev up in market debut but shift to low gear a week later
Ferrari's IPO share was $52 on opening day. Shares went up to $60.97 before closing at $55. Analysts were quick to see this as a successful move by Ferrari to become an independent company. A week after market debut, Ferrari shares took a 7% dip.
Japan Regional Lender Ashikaga and Joyo Bank to Merge
Many businesses consider merging and acquisition to make their industry stronger and to stay alive despite the economic slowdown.
Stanley Hotel Plans to Develop the First Horror themed Museum Inspired from the Classic film The Shining
Staney hotel in Estes Park in Colorado is developing the world's first horror themed destination. The hotel is the inspiration of the american horror writer, Stephen King from one of huis book tthat became a film, The Shining.
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Sheraton Anchorage Hotel Offering Best Anchorage Accommodations and Suite Rooms in Alaska
The Sheraton Anchorage Hotel is located at the Anchorage city in Alaska has the best lodging amenities and hotel services to offer. The Anchorage hotel's suite rooms is definitely the best among the other city hotels.
Oct 29, 2015 2:54 AM EDT
Yum Brands spins off its China business
The US-based Yum Brands Inc has decided to make its China division a separate publicly-traded company. Yum Brands is the owner of popular brands KFC, Pizza Hut and Taco Bell. The sales of these brands have been slipping for the past three years. Yum Brands Inc is planning to regain the market share for the brands in the world's second largest economy. The new company will aim at repositioning the brands.
Oct 29, 2015 2:39 AM EDT
Quirkiest Cities and Attractions in United States
Done with visiting some of the US famous attraction sites? Take time to visit this quirkiest cities and attractions in America. Travellers will definitely experience America's oddness in some of the country's infamous quirky spots.
Oct 29, 2015 2:39 AM EDT
Travel Guide Book Giant Lonely Planet Revealed the Top Three Travel Destinations for 2016
Lonely planet, the largest travel guide publisher alredy unvwiled their best recommended top best travel destinations this 2016. Check out the top three best travel destinations on the list for 2016.
Oct 29, 2015 2:31 AM EDT
Kroton Agrees to sell Uniasselvi for $280mn
Adhering to the rules imposed by Brazilian antitrust regulator, Kroton Educational SA is selling one of its universities, Uniasselvi, for $280 million to Vinci Capital Gestora de Recursos and Carlyle Group.
Oct 29, 2015 2:30 AM EDT
Loveland Ski Area To Open its 2015-2016 Winter Ski Season on Thursday
Loveland Ski area announce on Monday that they are going to open their 2015-2016 Winter ski season on Thursday, October 29th. Last year, the ski area has opened their business for skiers and riders last November.
Oct 29, 2015 2:24 AM EDT
Slovenia to Hire Private Security Firms to Assist Police and Armies in Managing Migrants
As more migrants are storming the border, Slovenia prepares to hire private security firms to help police and armies controlling migrants trying to enter Northern European countries.
Oct 29, 2015 1:49 AM EDT
U.S. Congress to push for new debt limit
The US congress is in session to finalize a new budget deal as the government money is running low. The new debt limit has been the center of discussion as current House Speaker, John Boehner is planning to solve the issue before his retirement.
Oct 28, 2015 1:21 AM EDT
Transatlantic Cruises set to Sail on 2016 and its peak Seasons
Transatlantic cruises started many years ago and as of now, cruise line companies have organize their best schedule for the best Atlantic crossing experience. Here are some of the list scheduled to sail next year, 2016 and the peak seasons for cruising.
Oct 28, 2015 1:11 AM EDT
Indonesia Deregulates Policy to Entice American Investor in the E-Commerce Sector
Indonesian President Jokowi will visit U.S next week and in his series of meetings he will also meet chief executives from high profile technology companies to invest in Indonesian e-Commerce sector.
Oct 27, 2015 9:52 PM EDT
Brazil analysts expect faster Inflation, interest rate calls for 2016
Brazil analysts see faster inflation and less cuts in the base interest rate for 2016. A central bank survey conducted on 100 analysts on October 23 shows that Brazil's Selic rate is projected to be 13 percent by the end of 2016.
Oct 27, 2015 8:58 PM EDT
Yen against euro may soar further in price swings
Anticipating that Yen would further strengthen against the euro following investors' betting on lower interest rates, the Japane's currency may further rise in price swings. Yen against the euro rose eight percent this year. Bank of Japan is likely to be under pressure to keep interest rate at lower level following the cues from ECB.
Oct 27, 2015 1:28 AM EDT
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