News

Dollar

The dollar is older than the United States of America

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Did you know the word ‘Dollar’ was commonly used in England long before the Pilgrim Fathers set sail for America? Below are examples of...
Estee Lauder Logo

Estée Lauder Q4 profit more than doubled

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Estée Lauder Q4 profit more than doubled to $257.7 million ($0.66 per share) from $94 million ($0.22 cents per share) in Q4 2013, driven...

Applied Materials Q3 profit jumps 79 percent

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Applied Materials Q3 profit increased by 79% to $301 million (24 cents per share) from $168 million (14 cents per share) in Q3 2013,...
Warren Buffett

Berkshire Hathaway shares hit 200k dollars

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The dearest stock in the US, Berkshire Hathaway shares hit 200k dollars for the first time. The Warren Buffet company, which he took over...
World economy

World Economic outlook improves significantly

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According to the CES-Ifo Index, the world economic outlook has improved considerably, from 102.3 to 105 points on the previous quarter. The Ifo current...

Global Tech IPOs – Q2 2014 is 6-year record

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Q2 2014 has posted the highest volume in dollar-terms of Global Tech IPOs (initial public offerings) since 2008 – two-and-a-half times the number of...
Roche logo

Roche Chugai bid planned

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A Roche Chugai bid is set to occur, twelve years after the Swiss pharmaceutical giant paid $1.4 billion for a 50.1% stake in the...
Olive Oil

Olive oil price hike expected

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Droughts in Spain, Greece and California point to an impending olive oil price hike. In Spain, the number 1 producer, large farms are reporting...
Coca-Cola Monster

Coca-Cola Monster Beverage deal worth $2.15 billion

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In a Coca-Cola Monster Beverage deal worth $2.15 billion, the soda giant has bought a 16.7% stake in the energy, natural soft and fruit...
Rosneft

Indebted Rosneft needs money

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Russia's energy giant Rosneft needs money, specifically 1.5 trillion rubles ($42 billion), and is having problems getting it because sanctions imposed by the US...