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McDonald’s flips chief as burgers lose sizzle
Full Story | 29th January 2015McDonald’s is shaking up its leadership as it struggles to keep up with changing consumer tastes, appointing Steve Easterbrook, a veteran of UK high street restaurant chains, to replace Don Thompson as chief executive.Mr Thompson .
Monthly Archives: January 2015
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Apple Keeps Growth Momentum With Upcoming Watch
Full Story | 28th January 2015Tim Cook’s array of new products boosted Apple Inc.’s sales growth last quarter to the highest level in three years, with momentum set to continue as the company rolls out its first smartwatch. Apple on .
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China Accuses Alibaba of Lax Oversight of Merchants
Full Story | 28th January 2015Alibaba Group Holding Ltd. has a “credibility crisis” fueled by its failure to crack down on shady merchants, counterfeit goods, bribery and misleading promotions in online malls, the Chinese government said.The scathing report by the .
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Goldman Sachs’s Cohn Says Oil Prices May Hit $30
Full Story | 27th January 2015Oil prices will probably continue to decline and could reach as low as $30 a barrel, according to Gary Cohn, president of Goldman Sachs Group Inc.“We’re probably in the lower, longer view,” Cohn, a former .
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Sprint, T-Mobile jump as Google may use their network
Full Story | 22nd January 2015Sprint Corp. (S) and T-Mobile (TMUS) US Inc. rose after a report that Google Inc. (GOOGL) is preparing to sell mobile-phone service via the two carriers’ wireless networks.Google is working on deals to buy access .
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Samsung Drops Qualcomm Chip From Next Galaxy Smartphone
Full Story | 21st January 2015Samsung Electronics Co. will use its own microprocessors in the next version of the Galaxy S smartphone, dropping its use of a Qualcomm Inc. (QCOM) chip that overheated during the Korean company’s testing, people with .
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BlackBerry Falls as Report of Samsung Deal Talks Denied
Full Story | 15th January 2015BlackBerry Ltd. tumbled today after the Canadian smartphone maker and Samsung Electronics So. denied a report they are in talks about a deal.After surging yesterday, BlackBerry shares fell 17 percent to $10.41 at 9:31 a.m. .
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CC Credit Outlook for H1 2015
Full Story | 15th January 2015We are pleased to announce that we have published the CC Credit Outlook for H1 2015 which covers the European and US bond markets, both within the High Yield and Investment Grade space. We have .
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Musk Says Tesla’s China Sales Fell, No Profit Until 2020
Full Story | 14th January 2015Elon Musk, the chief executive officer of electric-car maker Tesla Motors Inc. (TSLA), said the company might become profitable by 2020 when annual sales reach 500,000 and added that business slowed in China on charging .
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Alcoa Profit Tops Estimates as Autos Drive Aluminum Use
Full Story | 13th January 2015Alcoa Inc. (AA), the largest U.S. aluminum producer, posted better-than-expected fourth-quarter earnings and sales as orders from the auto and aerospace industries boosted demand for the lightweight metal.Profit excluding one-time items was 33 cents a .