McDonald’s profit and sales below expectations in the second quarter
McDonald’s (NYSE:MCD) net profit in the second quarter rose 3.7% to $1.4 billion, while sales were up 2.4% …
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Microsoft profit up 29% in the fiscal year ended June
Microsoft (NASDAQ:MSFT) profit was up by 29% in the fiscal year ended in June, from $16.9 billion in …
Bernie Ecclestone, Formula One boss, indicted for bribery
Bernie Ecclestone, the British businessman boss of Formula 1 has been formally charged by German prosecutors of bribery, …
Volkswagen sales rose by 5.5% in the first half of 2013
Sales of Volkswagen, the largest car manufacturer in Europe, rose by 5.5% in the first half to 4.7 …
Lenovo is the largest manufacturer of PCs
Lenovo, the Chinese PC manufacturer with $34 billion revenue last year, became for the first time the leader …
YouTube makes investment in online platform Vevo
YouTube the video sharing website, owned by Google group, announced that it has made an investment in Vevo, …
Samsung market value dropped 25 billion dollars in a month
Samsung Electronics’ market capitalization dropped in June by $25.3 billion, an amount that exceeds the market capitalization of …
Stephane Richard gets a vote of confidence from France Telecom board
Chief executive officer of Orange, Stephane Richard, was confirmed Monday by the board of the mobile telecommunications operator, …
Bank of America employees rewarded for achieving foreclosure targets
Bank of America, the second largest bank in the United States rewarded employees with bonuses and gift cards …
Zuckerberg explained to shareholders why company stock dropped
Mark Zuckerberg answered for half an hour questions coming from shareholders upset by the 37% decline of Facebook …