US stocks decline the most since August amid tapering speculation

December 14, 2013
US stocks decline the most since August amid tapering speculation

US stocks declined the most on weekly basis since August, pulling the Standard & Poor’s 500 Index down from a record high, as investors weighed prospects for Fed tapering amid improving US economic data. The S&P 500 fell 1.6% to 1,775.32 for the week after closing at an all-time high […]

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T-Mobile share price rises as Sprint considers an offer

December 14, 2013
T-Mobile share price rises as Sprint considers an offer

T-Mobile US Inc. is known as the fourth-largest wireless carrier in the U.S. The company provides wireless voice, messaging and data services, and consists of advanced nationwide 4G and 4G LTE network. On Friday the share price of the company rose the most in more than a year. The company’s […]

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Verizon and Intel near deal over OnCue service

December 14, 2013
Verizon and Intel near deal over OnCue service

Verizon Communications Inc. seems to be near an agreement to purchase the Internet-based pay-TV startup of Intel Corp. The company has not made an official announcement yet, because the negotiations are not public, but the deal is expected to be announced next week, when the final details about it are […]

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Google fails in its hope of EU settlement over competition changes

December 13, 2013
Google fails in its hope of EU settlement over competition changes

Google Inc. has been hoping to settle its high-profile antitrust case in the European Union, but unfortunately its hopes suffered a failure. It turned out that competitors and consumer groups of the company reprimanded its latest proposals that concern resolving the EU’s competition concerns. Critics also did not speak highly […]

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Coca-Cola Americas management shaken up

December 13, 2013
Coca-Cola Americas management shaken up

The senior management of Coca-Cola Co. was seriously shaken late Thursday, when the company announced that its Americas chief is leaving. The news of the resignation of Steve Cahillane, who was once expected to be the successor of Chief Executive Muhtar Kent, stroke all departments of the company, especially taking […]

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Samsung being rejected the patent case against Apple by court

December 13, 2013
Samsung being rejected the patent case against Apple by court

Samsung Electronics Co. lost the case against Apple Inc., as the court in Seoul ruled that Apple Inc. did not violated some of the Samsung’s patents. The case was considered one of the top legal battles of the year, because it managed to highlight the difficulties the company faces when […]

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Intel threatened by Google’s plans for server chips

December 13, 2013
Intel threatened by Google’s plans for server chips

For years now Intel Corp. has been known as a leader on the market of computing and communication components. The company designs, manufactures and sells computer components and related products, such as: microprocessors, chipsets, motherboards, wireless and wired connectivity products, etc. The company controls about 95% of the market for […]

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US stocks retreat amid speculations of Fed tapering stimulus

December 13, 2013
US stocks retreat amid speculations of Fed tapering stimulus

US stocks fell for a third day on Thursday as investors continued to asses the prospects of stimulus tapering by Fed and the appeal of taking money off the table after the market’s record-breaking rally. The S&P 500 lost 6.72 points, or 0.4%, to 1775.50. The Dow Jones Industrial Average […]

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Avon ceases the implementation of its new order management system

December 12, 2013
Avon ceases the implementation of its new order management system

Avon Products Inc. is putting an end to a 125-million-dollar software overhaul the company has been working on for four years now. Complicated utilization of the system forced many of the company’s salespeople to quit their jobs after a test of the software in Canada, causing the company to pull […]

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Boeing wins a $6.5 billion order by Air Canada

December 12, 2013
Boeing wins a $6.5 billion order by Air Canada

Airbus SAS and Boeing Co. have been leading a fierce battle over the supremacy in the biggest segment of the aircraft market for years. Finally, Airbus SAS was replaced as Air Canada’s primary supplier of body-jets by Boeing Co., which won a grand order estimated at 6.5 billion dollars for […]

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