Sparkling growth of essential but almost ignored business sectors of Google Inc such as sales of software, mobile devices and digital music is being covered by the company’s slowed growth in its advertising business. Concerns about the efforts of Google Inc to reform its business to the mobile market has been made even greater as […]
Is Goldman’s Focus on Bond Trading Paying Off?
As if showing that financial institutions staying with infamously unstable business can have a very profitable rewards, a 50 percent increase in quarterly earnings was reported by Goldman Sachs Group Inc (GS.N), as the previous month’s speedup of activity in the bond market assisted in the increase the revenue of trade. As it, at one […]
What Is Gemalto’s Next Move as Third-Quarter Sales Rise
As it is boosted by active sales of credit cards that are chip enabled, Franco-Dutch technology firm Gemalto NV (GTO.AS) stated that there is a 6 percent increase in third-quarter sales, on a constant currency basis. It was reaffirmed by the company, which manufactures readers as well as the chips used in payment cards and […]
GE Profit Tops Views, Drive Margins and Shares Up; A Result of Cost Cuts?
A small increase than what was expected by analysts for its quarterly earnings was reported by General Electric Co (GE.N) with help from cost cuts that increased margins along its industrial businesses adding revenue that missed the targets of analysts. GE was in an advantageous position as a posting of a 22 percent boost in […]
How Is Faurecia Sales Rising Through the European Auto Recovery
A 6.5 percent third quarter growth was reported by Faurecia (EPED.PA), a french auto parts supplier on a comeback in U.S. sales and a preliminary recovery in Europe’s market for vehicles. In a statement made on Thursday, the company declared that the three months ended in Sept.30, sales have markedly risen to 4.386 billion euros […]
What Does Delta Foresee in the Next Quarter as Ebola Fears Take Hold?
Delta Air Lines (DAL.N) predicted strong margins for the current quarter as it lessens growth on transatlantic and Pacific routes, but increases American capacity as it stated that carrier’s bookings remain undaunted by Ebola fears. Executive Vice President Glen Hauenstein stated, after the company gave a posting of its profits for the third quarter, on […]
Is Further Growth Being Foreseen for BMW by Its Finance Chief in 2015?
With new models boosting greater demand for its cars, the finance chief of the German carmaker, BMW told a newspaper on Saturday that the company is expecting a further increase in sales next year however did not give a detailed forecast. The finance chief, Friedrich Eichiner, states that it is expected by the company that […]
Is Air Travel Growth and Industry Backlogs Causing a Feeding Frenzy for Aviation Suppliers?
With the U.S. corporate results on Friday, it emphasizes that although the global economy is shaky, there is a massive demand from the aviation industry specifically the aviation suppliers. It is even more shown as a sudden demand for commercial jet manufacturers is driving a great increase in supplier’s profits. With investors worried about the […]
AMD Cuts Down Its Workforce and Predicts a Weak Revenue Outcome?
On Thursday, a lower-than-expected revenue prediction for this quarter and workforce cuts of up to 7 percent, sent struggling U.S. chipmaker Advanced Micro Devices Inc (AMD.N)’s shares on a further plummet. In an unprecedented move, AMD announced that Chief Operating Officer Lisa Su will be taking over the position of Chief Executive Officer Rory Read […]
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