Novartis reported earnings increase of 24% in Q1 2014
Novartis reported earnings increase of 24% for the first quarter of 2014, slightly below what analysts had forecast.
Switzerland’s largest pharmaceutical company said its net...
Eurozone fiscal consolidation immense, but challenges persist, Fitch
The Eurozone fiscal consolidation that occurred in 2013 was immense, says a new report by Fitch Ratings. It also adds that despite major achievements...
Ford profits fell 39% in Q1 2014
Ford profits fell 39% in the first quarter of 2014 after particularly weak sales in North America and increasing losses in South America. The...
AstraZeneca executive pay protest by shareholders
An AstraZeneca executive pay protest by shareholders with 38.54% of votes cast at the AGM (annual general meeting) was registered on Thursday. The unfavorable...
Global economic forecast sees accelerated growth through 2016
BNY Mellon’s global economic forecast predicts faster growth this year, in 2015 and 2016.
The author of the most recent Economic Update, Richard Hoey, BNY...
Russian credit rating downgrade to just above ‘junk’ status
The annexation of Crimea and the tensions in Ukraine have resulted in a Russian credit rating downgrade from BBB to BBB-, which is just...
Microsoft reports lower profits for Q3 2014
Microsoft reports lower profits for the third quarter of 2014, which was better than analysts had expected. The company’s new chief executive Satya Nadella’s...
Amazon reported higher Q1 2014 profits and expenses
The online retailer Amazon reported higher Q1 2014 profits and expenses. Profits increased 32% to $108 million, and revenue rose by 23% to $19.74...
Facebook Q1 2014 revenue increased 72%
Facebook revenues increased 72% to $2.5 billion in Q1 2014 due to a surge in mobile ads, the company reported today, easily beating analysts’...
Apple’s second quarter 2014 results
Apple's second quarter results for 2014 posted a profits increase to $10.4 billion, or $11.62 per diluted share, compared to $9.5 billion or $10.09...