Search Results for: Shares
BSkyB’s £4.9bn Sky Europe deal includes HSF and A&O firms
July 28th, 2014
Herbert Smith Freehills and Allen & Overy are among the firms to advise on BSkyB’s £4.9bn takeover of Rupert Murdoch’s pay TV companies in Germany and Italy. The acquisitions mark a strategic change for BSkyB, which is hoping to ...
BSkyB to pay $8 billion to create Sky Europe
July 25th, 2014
Britain’s BSkyB has agreed to pay around 4.9 billion pounds ($8.3 billion) to buy Rupert Murdoch’s pay-TV assets in Germany and Italy, responding to the slowing growth at home with a deal to create a European media powerhouse. BSkyB, ...
Amazon reports $126m quarterly loss
July 25th, 2014
Amazon has reported a loss of $126m (£74m) in the second quarter and warned that sales could slow in the current quarter. Amazon forecast third quarter sales of between $19.7bn and $21.5bn, which could mean sales growth of as ...
UBS Wins Case Over Firing of Drug Analyst in Front-Running Probe
July 24th, 2014
A London judge said UBS AG (UBSN) had the right to fire a senior analyst who discussed rumors about a Sanofi drug with a friend at a hedge fund who may have bet against the company before publishing a ...
McDonald’s Growth Troubles Don’t Go Down Well With Analysts
July 24th, 2014
As McDonald’s Corporation (NYSE:MCD) continued to see its sales suffer in main markets such as the U.S., Germany, Japan and Australia, market analysts downgraded the fast-food giant’s stock on Wednesday, after the Illinois-based company posted a disappointing second-quarter profit, ...
AT&T’s New Device Financing Plan Weighs On Revenue
July 24th, 2014
AT&T Inc’s quarterly revenue rose a weaker than expected 1.6 percent as cheaper service plans offered to customers who forgo subsidized cellular phones cut into margins. Faced with mounting pressure from competitors, AT&T has unbundled service and device charges, ...
Hyundai Motor second-quarter profit slips as firmer won, U.S. discounts hurt
July 24th, 2014
South Korea’s Hyundai Motor said its net profit fell by the most in five quarters, as the local currency’s sharp gain and higher U.S. discounts to entice customers overshadowed solid April-June vehicle sales in China and at home. Hyundai ...
Facebook beats Wall Street targets, stock hits record high
July 24th, 2014
Facebook Inc’s fast-growing mobile advertising business helped drive a 61 percent increase in revenue during the second quarter, beating Wall Street’s financial targets and sending shares to a record-high in after-hours trading on Wednesday. The world’s No.1 Internet social ...
SEC set to end $1 a share for some money funds
July 23rd, 2014
Regulators are expected to vote Wednesday to end a longtime staple of the investment industry — the fixed $1 share price for money-market mutual funds — at least for some money funds used by big investors. The idea is ...
Stock futures tick up on earnings, world conflicts eyed
July 23rd, 2014
U.S. stock index futures edged up on Wednesday, boosted by bullish earnings from companies like Microsoft and Boeing, though conflicts in Ukraine and the Gaza Strip weighed on investor confidence. Microsoft (MSFT.O) shares rose 2.4 percent in premarket trading ...
