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Mothercare Destination Maternity

Destination Maternity Mothercare bid over

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The Destination Maternity Mothercare bid is over, says the world’s largest designer and retailer of maternity clothing. The US chain said in a statement...
Eurozone Map

Eurozone economic activity little improved

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The Eurozone Leading Economic Index (LEI) increased by 0.4% in May, following a 0.2% fall in April, says The Conference Board. Eurozone economic activity...
Narcissus

Do Narcissistic CEOs perform better than others?

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When it comes to financial measures, narcissistic CEOs perform better than others, researchers found in a new study. This “dark side of the executive...

UK economy recovered completely in second quarter

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In the second quarter of 2014, the UK economy recovered completely from the economic shrinkage caused by the financial crisis and the Great Recession that followed....
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Amazon loss despite sales growth

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An Amazon loss of $126 million or 27 cents a share, despite a 23% increase in revenue during the second quarter, has made investors...
GM Logo

GM Q2 profits down 80 percent

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Costs related to millions of vehicle recalls have driven GM Q2 profits down by 80% to $200 million compared to $1.2 billion in the...
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GlaxoSmithKline Q2 profits decline 23 percent

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Falling sales in China and the US, as well as a strong pound contributed to a GlaxoSmithKline Q2 profits decline of 23% to £986 million...
Roche

Roche H1 sales down 1 percent due to strong franc

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A strong Swiss franc sent Roche H1 sales down 1 percent to CHF22.97 billion and core earnings per share (EPS) to CHF7.50, halting the...

Facebook Q2 revenue jumped 67 percent

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Thanks to a surge in adverts on mobile devices, Facebook Q2 revenue jumped 67% to $2.68 billion while profit more than doubled to $791...
Boeing Logo

Commercial sales boosted Boeing Q2 2014 net profit by 52 percent

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Strong commercial sales boosted Boeing Q2 2014 net profit by 52 percent to $1.653 billion compared to $1.088 in Q2 2013. Revenue rose 1% to...