Friday, April 25, 2014
Apple on Wednesday courted investors with stock split plans as hot iPhone sales pushed up profits while underscoring pressure for the company to unveil “the next big thing.”
China's official news agency says authorities plan to revoke two crucial publication licenses for web giant Sina.com because pornographic content was found on its sites.
General Motors on Thursday reported its worst quarterly performance in more than four years as the costs of a series of recalls dragged down earnings.
--Failed Bitcoin exchange MtGox, whose spectacular collapse hammered the digital currency's reputation, is to be liquidated after a Japanese court on Thursday ordered the start of bankruptcy proceedings, said a lawyer appointed to carry out the process.
Warren Buffett says he disapproves of Coca-Cola's highly contested pay plan for its executives.
Swiss pharmaceuticals giant Novartis on Thursday posted a 24-percent jump in first-quarter net profit, driven largely by the sale of a blood transfusion diagnostics unit.
Facebook's earnings nearly tripled and revenue grew sharply in the first quarter, surpassing Wall Street's expectations thanks to an 82-percent increase in advertising revenue.
Engineering giant Alstom, a top name in French industry, was caught in a swirl of speculation on Thursday that U.S. group General Electric is about to make a US$13 billion bid, and its shares leapt.
South Korea's SK Hynix Inc. said Thursday its first-quarter net profit surged nearly 350 percent from the previous year on a spike in sales of PC memory chips.
Thursday, April 24, 2014
Apple on Wednesday courted investors with stock split plans as hot iPhone sales pushed up profits while underscoring pressure for the company to unveil "the next big thing."