Saturday, July 26, 2014
Visa Inc. said Thursday that its profit climbed 11 percent in its fiscal third quarter versus a year earlier, aided by solid growth in payments volume, service revenue and transactions.
Friday, July 25, 2014
Gerneral Motors (GM) on Thursday posted a sharp drop in second-quarter profit as the automaker took heavy charges for safety recalls and a compensation fund for victims of faulty ignition switches.
Formosa Plastics Group (FPG, 台塑) executive Wilfred Wang (王文潮) yesterday stated that the company is seeking an experienced expert and industry veteran to lead the company's Vietnam-based steelworks operation.
Shares of TransAsia Airways (復興航空), a mid-sized Taiwanese international carrier, came under pressure Thursday morning after one of its turboprop planes crashed on the outlying island county of Penghu a day earlier, killing 48 and leaving 10 injured, dealers said.
Facebook on Wednesday reported that its quarterly profit more than doubled amid big gains in ad revenues and a jump in users.
Delta Air Lines Inc. said Wednesday that second-quarter earnings rose 17 percent, topping analysts' expectations, as passengers flew more miles at higher average fares and fuel spending declined.
AT&T Inc. on Wednesday posted lower net income for the latest quarter due to cheaper cellphone plans it introduced as a response to aggressive pricing from smaller competitor T-Mobile US.
U.S. aerospace giant Boeing on Wednesday raised its full-year profit forecast after earnings soared 52 percent in the second quarter, lifted by increased jetliner deliveries.
Former U.S. Treasury Secretary Timothy Geithner defended the Federal Reserve's withdrawal of its unprecedented stimulus program in an Australian newspaper interview Thursday, saying what was good for the American economy would also support other countries.
Canada's Bombardier will cut 1,800 jobs, the troubled aviation giant announced Wednesday in a major reorganization.