Major orders placed for Airbus and Boeing planes

June 19, 2013
Major orders placed for Airbus and Boeing planes

The Paris Airshow started today with major orders placed for the Airbus A380 and for Boeing’s 787 Dreamliner. Both companies were stating positive numbers as the demand of planes vastly increased after the show. Boeing attracted order for 30 of its 737 MAX 8 aircraft. The deal is worth $3 […]

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Telecoms bet on merger-growth strategy

June 19, 2013
Telecoms bet on merger-growth strategy

Globally, telecoms are aspiring mergers as a way to expand their presence on the market. That is often one of the usual ways utility-structured companies gain market share as their high level of capacity is being reached. Telecommunication firms are preparing for what is believed to be the largest telecom […]

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Zuckerberg trying to win Samsung on his side

June 19, 2013
Zuckerberg trying to win Samsung on his side

Mark Zuckerberg, the founder and CEO of the world’s largest social network Facebook, traveled to South Korea to meet the co-CEO Shin Jong-kyun to discuss a potential partnership between the two companies. Jong-kyun “JK” Shin, is running Samsung Electronic’s all-important handset division. According to Bloomberg, Shin said to reporters that […]

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Huawei aiming high: looking for Nokia acquisition

June 19, 2013
Huawei aiming high: looking for Nokia acquisition

Huawei Technologies Co, the Chinese smartphone producer declared petite for buying Nokia as company aims to become world smartphone leader according to the head of its consumer business cited by Financial Times. The company recorded a quick progress in the industry despite there weren’t any major acquisitions made by the […]

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US stocks rose for a second day

June 19, 2013
US stocks rose for a second day

US stocks rose for a second day in a row after last week’s decline. Investors are waiting for Bernanke’s statement on current economy condition which is to take place later today. The Fed’s Chairman declared last month that government is going to taper the stimulus package only when a stable […]

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US stocks surge as investors wait for Bernanke to set direction

June 18, 2013
US stocks surge as investors wait for Bernanke to set direction

US stocks map was all green yesterday with the S&P 500 offset last week decline. Investors still wait for more clarity on the subject of reducing bond purchasing program. It is expected from Fed’s Chairman, Ben Bernanke, to make a statement concerning the stimulus case. The S&P 500 gained 0.8% […]

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US stock futures advance on Fed’s policy meeting

June 17, 2013
US stock futures advance on Fed’s policy meeting

Investors are being careful today as they expect Fed’s Chairman Ben Bernanke to give more information about an eventual stimulus cutback. The main indexes around the world raised. US stock futures followed, indicating a possible jump in main US benchmarks today. Futures on S&P 500 expiring September increased almost 1% […]

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Lowe’s overtakes Orchard Supply due to bankruptcy

June 17, 2013
Lowe’s overtakes Orchard Supply due to bankruptcy

Lowe’s Companies is expected to buy the majority of assets of Orchard Supply Hardware Stores Corp. for $205 million after the latter filed for Chapter 11 bankruptcy protection according to court documents. The company was part of Sears Holdings Corp. before the spun off. The company reported that it may […]

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PC-makers turn to low-cost tablet market

June 17, 2013
PC-makers turn to low-cost tablet market

Even though low-cost tablet market doesn’t allow companies to make big profit margins, PC makers are seeing potential in number of sales. A price around $120-$140 looks unrealistic to the quality of a major tech brand but becoming a target for companies like Asus, Acer, HP and Lenovo. Some of […]

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Samsung S4 forecast too good to be true

June 17, 2013
Samsung S4 forecast too good to be true

Analysts shared their opinions on Samsung Electronics admitting that earlier forecasts for the S4 model were too optimistic and don’t represent sales. Some of them were misled by the huge marketing share the smartphone maker has, impressing marketing strategy and recent problems of main competitors in the industry. Woori Investment & […]

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