#bizview November 3, 2014

Sprint cuts 2,000 jobs, stock sinks

Insurance giant AIG reports better-than-expected 3Q earnings

Aetna buys exchange tech firm Bswift for $400M

Blackstone to cut Hilton stake by 9%

LabCorp to buy Covance for $6.1bn

US in antitrust lawsuit in NYC to block merger of 2 largest cinema advertising networks

US regulators investigating Honda for failing to submit reports of deaths and injuries

JP Morgan Chase, the largest bank in the US, says it is under investigation over currency trading

Google joins Apple on Disney's cloud movie service

Publicis to buy digital ad firm Sapient for $3.7bn

Butterfly Network raises $100M to bring deep learning to medical imaging


#bizview October 30, 2014

AB InBev profit rises

Ex-Apple CEO launches new smartphone brand Obi Mobiles

Wal-Mart to close 30 stores in Japan

Citigroup legal cost up by $600M, revises 3Q lower to cover legal costs

Starbucks turns 4Q profit, shares retreat up to 5 % after hours

LinkedIn revenue jumps 45 %

Feds say farewell to QE

White House launches 3D printed holiday ornament contest

uBeam, wireless power startup raises $10M in funding

Chinese pharmaceutical ingredients maker UniTao Pharmaceuticals to invest $22M+ in Va. operation

Platform Specialty to acquire Arysta in $3.5bn deal

Lenovo completes $2.9bn Motorola buy from Google

China's Xiaomi becomes 3rd largest smartphone maker

Google robotics head Andy Rubin leaves company


#bizview October 29, 2014

Visa announces fiscal 4Q beat and new share buyback

Twitter execs former VP of engineering Jeremy Gordon and former data analytics lead Adam Kinney to part ways with the comapny

Google unveils and defends Lollipop, its latest Android OS, despite user-security concerns from the FBI

IBM and Twitter to partner on business data analytics

Fiat Chrysler to spin off Ferrari

Comcast settles overcharging suit

Australia to become the largest LNG exporter by 2018, according to HSBC

Samsung's profit lowest in three years

Diageo puts investment plans on ice

National Australia Bank considering floating its UK assets


#bizview October 28, 2014

Deutsche Bank shuffles management, names new CFO

Fast food chains race towards mobile ordering

Facebook shares plunge after revealing its earnings concerns regarding keeping costs under control in coming months

TD Ameritrade profit up

DuPont posts 3Q beat

Coach's quarterly sales drop

Sirius XM revenue up

Maverick to launch venture capital fund

Sanofi sinks on diabetes business warning

Sweden cuts interest rates to zero

Ryanair to pair 8M+ euros in damages

UBS sets aside $1.9bn in legal costs

Twitter stock tumbles 10 %

YouTube considering paid subs

EA beats expectations

Google searches for cancer cure

Government accuses AT&T of misleading 'unlimited data' customers

Stripe hires Google Ops exec Claire Johnson

Groupon's new product boss leaving after less than two months


#bizview October 23, 2013

AMC pays $200M for 49.9 % stake in BBC America

Airbnb valued at $13bn ahead of staff stock sale

Amazon takes $170M writedown on weak fire phone sales

LG gets into the smartphone chip game with Nuclun, an 8-core processor

Britain told to pay an extra €2.1bn to the EU budget due to its relative prosperity

Microsoft earnings top estimates despite restructuring costs

Shuddle - new Uber for kids driven by childcare pros

Luxe raises $5.5M from 11 different VCs for on-demand valet parking

Eli Lilly's bottom line eaten away by its cheaper generics

Google commits to $1bn in long-term office leases

NetSuite crushes estimates in 3Q

Amazon shares drop

Facebook announces new stand-alone mobile app that enables people to communicate anonymously

Broadcasters win preliminary injunction against Aereo

Chevron makes an oil discovery in U.S. Gulf

Raytheon posts 3Q miss

Online food orders jump

#bizview October 22, 2014

Heineken sales down

Sears looks for more cash to boost confidence

Boeing raises annual profit forecast

Biogen profit up

Peugeot sales and revenues up

Microsoft ditching Nokia brand name from new devices\

Twitter looks to expand beyond messaging

GSK considering float of HIV unit in cost-cutting/restructuring move

Lloyds to cut 9,000 jobs as part of becoming more digitally focused

DeepMind allies with Oxford academics

Illumio, cyber start-up receives more funding

EMC Corp to buy a portion of Cisco Systems' stake in joint venture VCE

Luxottica to name P&G's Mehboob-Khan as Co-CEO

McDonald's struggling to revive its China sales

Wingstop, chicken-wing chain considering IPO

Xerox profit down 2.2 %

Tumblr to generate over $100M in revenue in 2015

Delphi Automotive to sell thermal unit for $1bn

Google unveils app for managing Gmail Inboxes

BGC Partners starts $675M hostile bid for GFI Group

Dow Chemical to cut $1bn in costs over 3-year period


#bizview October 21, 2014

EU fines JPM, UBS, Credit Suite $120M

Lockheed's foreign sales reach 20% global

McDonald's and Coca Cola's profits fall

McDonalds' taking 'decisive action to fundamentally change' its business

Google adds mood music to attract listeners away from Pandora, Spotify and similar Internet services

Google invests in augmented reality company Magic Leap

Amazon reaches deal with publisher Simon & Schuster over e-book pricing

Tesco's sales dip faster as it loses market share to Aldi, Lidl, Waitrose

Third Point urges Amgen to consider breakup

Regulators temporarily ban short-selling of Porgutal Telecom

John Paulson's hedge fund urges Allergen to consider buying Shire, after AbbVie walked away from a deal

TPG, an investment firm takes majority stake in Creative Artists Agency

Jana Partners raises its stake in Hertz to 7 %, up from 1.3 %

Marc Andreessen leaving eBay's board ahead of PayPal spinoff

Cleco Power, a regulated electric utility in Louisiana to be sold to a group of infrastructure investors

Platform Specialty Products to pay $3.5bn for Arysta LifeScience

Canadian Pacific Railway and CSX call of merger talks

Greene King offers $1.6bn cash + stock for Spirit Pub Company, operator of about 1,200 pubs in Britain

SVH Holdings to pay $3.4bn for Dutch animal food supplier

Ogilvy to add unit to mine data

Spotify introduces a family discount for music streaming

Jaguar Land Rover gets ready for China push

Quindell signs deal with Canadian insurer

Uber to launch larger car service in UK

Walgreen to face pressure from investors

Rick Snyder, Michigan Gov. signs a measure which blocks Tesla Motors Inc. from selling cars directly to consumers in the state

Dish Network Corp. no longer to carry several channels including CNN and Cartoon Network

Kimberly-Clark Huggies' diaper business posts double-digit sales volume decline, company lowers earnings outlook

Royal Dutch Shell sells more Nigerian assets

VMware profit falls 26%

Yahoo's official haul from the Alibaba IPO: $6.3bn

Canadian fashion retailer Jacob closing doors for good

AllianceBernstein Real Estate Group and Centerboard acquire Signor Group's temporary lodging accommodations


#bizview October 20, 2014

Apple Pay launches today

AbbVie reaches an agreement to officially call off its $55bn proposed buy of Shire; will pay Shire $1.6bn breakup fee

IBM to pay $1.5bn to Globalfoundries to shed profit-eating chip division

Apple's 4Q earnings up, helped by sales of newly released iPhone

Facebook Inc. and Zuckerberg file lawsuit against DLA Piper et al, over ownership allegations

Sears to raise up to $625M through notes offering





#bizview October 17, 2014

Norway's Yara and Illinois-based CF Industries abandon merger talks

Manufacturer of Apple's iPhone's glass to cut over 700 jobs at its Arizona plant

TV industry leans more towards streaming platforms

Qualcomm to buy British chipmaker CSR for $2.5bn giving it access to technology to allow device connection via Internet

Google ups the delivery with same-day service

Google shares fall 3% after hours following 3Q results

Aldermore will not go for IPO

Europe's dairies elbow over China market share

Rolls-Royce shares tumble after profit warning

Buffet cuts stake in Tesco to under 3%

Roche notes sales of cancer drugs rise

Airbus gets $26bn order from IndiGo

BSkyB profits higher than expected

Carnival partners with Chinese shipbuilder

Amazon starts with UK same-day delivery service

EE to complete acquisition of Phones 4U

Virgin buys Australia's budget airline Tiger for A$1

Market Wrap: Tuesday, September 9, 2014

  • Published in FEATURES
  • Read: 382 times
 Hain Celestial
 Apple shares rose up (at the unveiling of new product) followed by downward swing
 Strong: select consumer products, food,
 Weak: retail,


Overall the market was lower.

U.S. Dollar jumped against Euro

NASDAQ: down 40 points (close 4,552)

S&P: down 14 points (close 1,988)

DOW: down 97 points (close 17,014)


Apple dominates the news with the unveiling of the new products.




Apple unveils two new phones (with enhanced battery life, and enhanced 'selfie' capabilities) AND a new watch (priced at $345, available early 2015)






Scheduled to report earnings: SAIC, OXM, PIKE, PANW, KKD, SPA, IRET, LMNR, PPHM, VRA, MANU, PMFG

Weekly Digest: week ending February 9

  • Published in FEATURES
  • Read: 27038 times
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