Home » Archive for October, 2015

Image for Target and Walmart Unveil Plans for Holidays

Target and Walmart Unveil Plans for Holidays

Target and Walmart, two of the largest retailers in the U.S. rolled out on Thursday their plans to lure in shoppers to their stores during the upcoming holiday shopping season, which includes increased marketing, better looking stores... More of this article »
Image for Heineken Profits From Strong Sales in Americas and Europe

Heineken Profits From Strong Sales in Americas and Europe

The third largest brewer in the world Heineken NV said on Wednesday that its revenues and volumes of beer grew more than had been expected during its third quarter, driven by stronger than expected sales in the Americas as well as... More of this article »
Image for Bridgestone Buying Retail Chain Pep Boys

Bridgestone Buying Retail Chain Pep Boys

Bridgestone Corp announced that it has agreed to purchase the retail chain Pep Boys for $835 million, which pushes it deeper into the industry of auto-parts that has been the benefactor of Americans keeping their vehicles longer on... More of this article »
Image for Western Digital Buying SanDisk the Maker of Memory Chips

Western Digital Buying SanDisk the Maker of Memory Chips

Western Digital Corporation announced Wednesday that it has agreed to purchase SanDisk Corporation the maker of memory chips in a deal that includes stock and cash of $19 billion. Under the deal’s terms, investors of SanDisk would... More of this article »
Image for Halliburton Reports Drop in Sales of 36% as Fracking is Reduced

Halliburton Reports Drop in Sales of 36% as Fracking is Reduced

Halliburton Co’s saw its revenue fall by 36%, which helped to push the largest provider in the world of fracking services to a loss during the third quarter as the worst downturn in the crude market in decades is reshaping the industry. The... More of this article »
Image for AT&T and Uber Testing Streaming of College Football

AT&T and Uber Testing Streaming of College Football

On Friday AT&T announced that it partnered with Uber and will roll out connect car rides across four cities for a limited period to let passengers see live college football games from their tablets while riding in the back of the... More of this article »
Image for Ford Investing $1.8 Billion for Research in China

Ford Investing $1.8 Billion for Research in China

Ford Motor Co will invest $1.8 billion to develop new technologies that are aimed at attracting car buyers in China, underlining the importance of China to automakers despite the slowing growth of sales. The automaker based in Detroit... More of this article »
Image for Shipments of PCs Continue to Drop

Shipments of PCs Continue to Drop

Personal computer shipments worldwide dropped during the quarter ending in September, as makers of PCs did not received a significant boost from the Microsoft launch of its new operating system Windows 10, shows data from two data... More of this article »
Image for Constellation Brands Beats on Profit as Sales of Beer Jump

Constellation Brands Beats on Profit as Sales of Beer Jump

Constellation Brands profit for the quarter easily beat estimates by analysts and the company increased its full year forecast for adjust profit again, driven by sales increases of beers under its Modelo and Corona brands. Shares of... More of this article »
Image for Business Growth in Euro Zone at Low of Four Months During September

Business Growth in Euro Zone at Low of Four Months During September

Business activity in the euro zone grew at its slowest pace in the past four months last Monday. However, one sign of encouragement for the European Central Bank, service companies increased prices for just the first time in the past... More of this article »
Image for Sprint Likely to Have Layoffs with New Plan of Cost Reduction

Sprint Likely to Have Layoffs with New Plan of Cost Reduction

Sprint is likely to be cutting some of its 31,000 strong workforce as part of the new cost reductions of $2.5 billion over the upcoming six months, a spokesperson with the company said on Friday. It is likely certain jobs are to... More of this article »