Thursday, July 31, 2014
Twitter shares shot higher by some 30 percent Tuesday after its quarterly report showed surprisingly strong revenue and user growth, despite a widening loss.
The New York Times Co. on Tuesday reported a sharp drop in profits as lower advertising revenues offset gains in digital subscriptions.
Biologic drugmaker Amgen said Tuesday that it will lay off 12 to 15 percent of its worldwide workforce and close four sites, even as it reported stellar second-quarter results that trounced Wall Street expectations.
Sony said Wednesday it would de-list its shares from the London Stock Exchange after 44 years because of thin trading volume, following a series of pullouts by other Japanese firms.
Shares in Skymark plunged for a second straight day Wednesday wiping out a quarter of its value — about US$64 million — after Airbus said it has cancelled a deal with the Japanese budget airline worth more than US$2 billion.
South Korea's industrial output rebounded in June from two months of decline, with mobile and semiconductor products leading the way, government data showed Wednesday.
India's largest online e-commerce company, Flipkart, raised US$1 billion in new capital this week as the company gears up for competition with Amazon's push into the Indian market.
Wednesday, July 30, 2014
Pfizer's second-quarter earnings plunged 79 percent from last year, when the world's second-largest drugmaker booked a business spin-off gain of more than US$10 billion. The latest results still edged analyst expectations.
UPS lowered its outlook for the year as it announced plans to spend more on technology and other enhancements to improve service during peak season.
Delta Electronics (台達電) yesterday held the company's earnings conference, reporting consolidated revenues of NT$90.651 billion, up 10.18 percent year-on-year, and an after-tax net income of NT$9.832 billion on profit margins of 27.03 percent over the first half of this year.