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Wednesday, October 7, 2015
Samsung 3Q operating profit surges, shares jump 9 percent
Shares of Samsung Electronics closed up 8.7 percent, its biggest daily gain since January, 2009. Expectations that Samsung would dole out some of its cash to shareholders through a share buyback help fuel the rise.
Former president of Nanya Technology Corp. (南亞科技) Charles Kau (高啟全) will likely make his decision on whether to join China's Tsinghua Unigroup this week, according to local media sources yesterday, which will ultimately decide the future of the domestic DRAM industry.
Taiwan's communications regulator has approved a long-anticipated handset from HTC Corp. (宏達電) that the Taiwanese smartphone maker hopes will bolster its lineup and fend off competition from other budget phone vendors.
Twitter is embracing Jack Dorsey as its CEO in hopes that its once-spurned co-founder can hatch a plan to expand the short messaging service's audience and end nearly a decade of financial losses.
Five of Acer Inc.'s (宏碁) products have been honored at the 2015 edition of Japan's Good Design Awards for their design excellence.
Google's new parent company hit the stock market on Monday with an inked credo to "Do the right thing" -- a spin on the founding principle "Don't be evil."
The owner of the Los Angeles Times, Chicago Tribune and other newspapers is offering buyouts to employees.
DuPont CEO steps down, firm lowers guidance
U.S.-based DuPont Co. on Monday announced that CEO and Chairwoman Ellen Kullman, who earlier this year fought off a bruising challenge from a major activist investor, will retire at the end of next week.
Volkswagen says 8 million cars in the European Union are affected by an investigation into whether the automaker manipulated emissions tests, according to a letter received Monday by German lawmakers.
General Mills is recalling 1.8 million boxes of Cheerios and Honey Nut Cheerios produced at a plant in Lodi, California, saying the cereal is labeled gluten-free but actually contains wheat.
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