Monthly Archives:  July 2014

  • Sky
  • BSkyB in £5bn deal to create Sky Europe

    Full Story | 25th July 2014
    BSkyB is paying £4.9bn to take over Rupert Murdoch's pay TV companies in Germany and Italy.The move was announced along with the company's annual results, which show pre-tax profits fell slightly to £1.2bn from last .
  • Nokia1
  • Nokia Boosts Forecast After Earnings Beat Estimates

    Full Story | 24th July 2014
    Nokia Oyj (NOK1V), the Finnish network-equipment maker that sold its mobile-phone business to Microsoft Corp., boosted its profitability forecast after earnings beat estimates on rising sales in China. The stock jumped.Operating profit at the network .
  • Herbalife
  • Herbalife bashing sends Ackman back to square one

    Full Story | 23rd July 2014
    During a more than three-hour presentation yesterday, billionaire investor Bill Ackman choked up while describing his family’s immigrant beginnings, called Herbalife (HLF) Ltd. Chief Executive Officer Michael Johnson “a predator” and labeled that company “a .
  • Putin Misses Global Rally as Micex Erases $28 Billion

    Full Story | 22nd July 2014
    President Vladimir Putin’s meddling in Ukraine cost Russia dearly in financial markets. With the downing of Malaysian Airlines Flight 17, the toll is only getting worse.The price to protect Russian bonds against default, already the .
  • Chicken
  • McDonald’s, Yum Halt Buying From Chinese Meat Supplier

    Full Story | 21st July 2014
    McDonald’s Corp. (MCD) and Yum! Brands Inc. (YUM) halted buying meat products from a Shanghai supplier while authorities investigate allegations that the company sold chicken and beef past its expiration date.McDonald’s asked all its outlets .