fbpx

Join our community of traders FOR FREE!

  • Learn
  • Improve yourself
  • Get Rewards
Learn More

ASOS Plc share price down, posts fiscal 2015 profit warning

September 16, 2014 12:42 pm
Asos Plc, Britains largest online-only fashion retailer, posted a warning for its 2015 profit due to lower selling prices and investments in logistics and technology. The companys shares declined as much as 15% after the third profit reduction for 2014. Asoss Chief Executive Officer Mr. Nick Robertson said in a statement, which was cited by […] Read more

Mail.Ru share price up, buys remaining 48% of VKontakte for $1.47bn

September 16, 2014 12:37 pm
Mail.Ru, one of the internet leaders in Russia, announced the acquisition of the 48.01% of dominant Russian social media VKontakte it didnt already own for $1.47bn, settling shareholder disputes and looking to tap into the 92m monthly average user base of VK.com. The move follows almost a year-long confrontation between Mail.Ru and VK.coms now-former minority […] Read more

Orange SA share price down, makes a €3.4-billion takeover bid to Jazztel to expand reach in Spain

September 16, 2014 9:07 am
France-based Orange SA revealed that it made an acquisition bid of about €3.4 billion ($4.4 billion) in cash to the Spanish broadband provider Jazztel Plc., the French companys largest takeover offer in almost ten years. “We are doing this deal to accelerate our growth in Spain, particularly in fixed-mobile convergent offers,” said Orange Chief Executive […] Read more

Microsoft share price down, buys Minecraft developer Mojang for $2.5bn

September 15, 2014 2:52 pm
Microsoft Corp, the worlds biggest software maker, announced it has reached an agreement to acquire the “celebrated” Swedish game developer Mojang and its iconic Minecraft franchise for $2.5bn. The move follows vibrant speculation and some outcries by the most loyal of Minecrafts cult following, and is the biggest deal by Microsofts new chief executive since […] Read more

Sinopec share price slumps, sells a 30% stake of its sales-and-marketing division

September 15, 2014 2:22 pm
China Petroleum & Chemical Corp. (Sinopec) registered its largest daily decline in more than three years after revealing that it intends to sell a stake of its fuel-retailing unit at the price of CNY107 billion ($17.5 billion), which was lower than the one initially expected by analysts. Sinopec, as the company is more commonly known, […] Read more