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Bayer profit up 21% confirms 2015 guidance
Full Story | 29th October 2015German pharmaceuticals giant Bayer AG (BAYN.XE) on Thursday slightly lowered its outlook for 2015, even as the group reported a 21% jump in net profit for the third quarter, boosted by positive currency effects.Bayer now .
Monthly Archives: October 2015
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Apple Inc. said it will have another record holiday
Full Story | 28th October 2015Apple Inc. said it will have another record holiday, fueled by enduring demand for the iPhone.The Cupertino, California-based company said sales in the quarter ending in December will be $75.5 billion to $77.5 billion, topping .
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Apple Earnings
Full Story | 27th October 2015Apple will unwrap its outlook for the holiday shopping season on Tuesday, and analysts expect growth—just nothing on par with last year's bonanza.The holiday quarter is projected to bring Apple sales of $77 billion and .
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Toyota Retakes Global Sales Lead
Full Story | 26th October 2015Toyota Motor Corp. regained its global sales lead over Volkswagen AG as its German competitor braces for consumer blowback from a widening emissions-cheating scandal.Toyota said Monday it sold 7.49 million vehicles this year through September, .
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The Cloud Is Raining Cash on Amazon, Google,and Microsoft
Full Story | 23rd October 2015Amazon.com, Google, and Microsoft all topped profit estimates last quarter, highlighting the widening gulf between companies that deliver computing via server-laden warehouses and a generation of latecomers to the cloud boom. Together, the three companies .
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Daimler AG’s third-quarter operating profit rose 31 perce
Full Story | 22nd October 2015Daimler AG’s third-quarter operating profit rose 31 percent as new sport utility vehicles pushed Mercedes-Benz sales higher than ever before.Earnings before interest and taxes from ongoing business surged to 3.66 billion euros ($4.15 billion), the .
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Ferrari Raises $893 Million
Full Story | 21st October 2015Ferrari NV raised $893 million in its U.S. initial public offering, pricing the shares at the top end of the marketed range after investor demand in the supercar maker outstripped the stock available.Majority shareholder Fiat .
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`Star Wars` Demand Crashes Websites
Full Story | 20th October 2015Walt Disney Co.’s upcoming “Star Wars” movie is awakening a global force of fans who are swamping websites in the U.S. and U.K. as they try to reserve seats to a movie still two months .
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Deutsche Bank Restructures Business Units
Full Story | 19th October 2015Deutsche Bank AG announced sweeping changes to its senior management ranks and a broad restructuring of key units Sunday as new co-CEO John Cryan put his stamp on the giant German lender.A little more than .
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Sony`s Answer to Apple Pay
Full Story | 16th October 2015While Sony Corp. is scaling back its global smartphone ambitions, the company still wants to contend with Apple Inc. and Samsung Electronics Co. on mobile payments in Asia. Its method for getting there is public .