Nike fourth quarter results beat expectations
Nike fourth quarter results beat expectations thanks to impressive sales in Western Europe and North America. In after-hours trading, shares in the Oregon-based footwear...
German government drops Verizon
Two weeks after announcing an investigation into eavesdropping allegations made by Edward Snowden regarding the US National Security Agency (NSA), the German government drops...
Alibaba NYSE IPO announced
Alibaba has announced that it will list its shares in the New York Stock Exchange (NYSE), the largest Chinese firm to be listed in...
LSE Russell Investments 2.7 billion dollar takeover deal
The London Stock Exchange Group PLC (LSE) has agreed an acquisition deal with Russell Investments, the company that owns the Russell 2000 stock market...
Standard Chartered profit warning
A Standard Chartered profit warning sent shares of the British bank down by 4.5% in the London Stock Exchange on Thursday. Standard Chartered PLC...
Barclays dark pool fraud accusation, New York
The New York Attorney General has filed a lawsuit alleging dark pool fraud lawsuit against Barclays. The complaint claims that investors were not told...
General Mills revenue dropped in Q4 2014
Multinational food processing company General Mills revenue dropped in Q4 2014 to $4.28 billion compared to $4.41 billion in Q4 2013. Thanks to a...
Etihad Alitalia 49 percent stake purchase agreed
An Etihad Alitalia deal has been agreed. The flag carrier airline of the United Arab Emirates (UAE) is to buy a 49% stake in...
Disappointing Samsung quarterly earnings, Chief Financial Officer warns
Chief Financial Officer Lee Sang Hoon warned of disappointing Samsung quarterly earnings on Tuesday. Specifically, he stated that the Q2 earnings of the richest...
Carnival Corporation profits increased
Carnival Corporation profits increased in Q2 2014 to $80 million, compared to $57 million in Q2 2013. Diluted earnings per share in Q2 2014...