Thomson Reuters | Last Updated: May 24, 2016 15:57 (IST)
Japan's Sony Corp on Tuesday forecast weaker-than-expected earnings this year after partially halting production of its cash-cow image sensors last month to assess earthquake damage to its factory.
Thomson Reuters | Last Updated: May 17, 2016 08:01 (IST)
The investment was announced amid an increasing view among investors that Apple may deserve a lower valuation because its heady growth days may be over. However, Apple has a strong balance sheet and management, attributes long favored by Berkshire.
Thomson Reuters | Last Updated: April 29, 2016 08:05 (IST)
LinkedIn shares, which have lost more than a third of their value since the company reported fourth-quarter results on February 4, rose 7.6 percent in extended trading on Thursday.
Thomson Reuters | Last Updated: April 15, 2016 20:20 (IST)
The company, which has racked up about $12 billion in debt following an acquisition spree, said it had entered into confidentiality agreements with lenders on March 17.
Thomson Reuters | Last Updated: April 13, 2016 13:25 (IST)
Peabody's debt troubles date back to its $5.1 billion leveraged buyout of Australia's Macarthur in 2011, a coveted asset at the time meant to position it as a supplier of metallurgical coal for Asian steel mills.
Thomson Reuters | Last Updated: April 06, 2016 10:01 (IST)
Earlier on Tuesday, Reuters reported that Pfizer was leaning towards abandoning its $160 billion agreement to buy Allergan in light of the U.S. Treasury's new measures to curb such tax-evading deals.
Associated Press | Last Updated: April 01, 2016 21:15 (IST)
Apple's growth hasn't been smooth. Jobs was forced out in the 1990s, leading to a revolving door for chief executives until he returned in 1997, as the company he co-founded was on the brink of collapse.
Thomson Reuters | Last Updated: April 01, 2016 18:59 (IST)
The Model 3 is crucial for Tesla to reach its goal of selling 500,000 cars per year by 2020. The success of Tesla's Gigafactory, its battery factory near completion in Nevada, is also contingent on the Model 3.
Thomson Reuters | Last Updated: March 26, 2016 13:52 (IST)
Yahoo is auctioning its core Internet business, which includes search, mail and news sites. The faded Internet pioneer has been struggling to keep up with Alphabet Inc's Google and Facebook Inc in the battle for online advertisers.
Thomson Reuters | Last Updated: March 24, 2016 18:39 (IST)
Starboard, which has been pushing for changes at Yahoo since 2014, said it would nominate nine members to the Yahoo board.
Thomson Reuters | Last Updated: March 24, 2016 15:02 (IST)
Yum, still the largest fast food chain in China, has been losing ground to McDonald's Corp as they both strive to revive flagging sales in the teeth of growing competition from local rivals and a slowing economy.
Thomson Reuters | Last Updated: March 22, 2016 22:45 (IST)
Shares in Imagination, which counts Apple amongst its top shareholders and whose technology is used in Apple devices including the iPhone and iPad, jumped earlier on Tuesday after website Ars Technica UK said Apple was in talks to buy the company.
Thomson Reuters | Last Updated: March 22, 2016 20:43 (IST)
Uber, the high-flying transportation firm, is releasing a technical map of its computer and communications systems and inviting hackers to find weaknesses in exchange for cash bounties.
Thomson Reuters | Last Updated: March 21, 2016 20:15 (IST)
The deal is the latest in a string by IHS, whose energy information business, its biggest, has been hit by the slide in oil prices. Revenue in the division fell almost 1 per cent to $215.9 million in the first quarter ended February 29.
Thomson Reuters | Last Updated: February 27, 2016 14:32 (IST)
Apple reintroduced a regular cash dividend in 2012 after not paying one since 1995. Last year it paid out $1.98 per share in cash dividends, or $11.4 billion overall.
Thomson Reuters | Last Updated: February 18, 2016 15:16 (IST)
For 2016, the group forecast revenue growth, at constant exchange rates, of between 7.5 per cent and 9.5 per cent.
Thomson Reuters | Last Updated: January 14, 2016 10:38 (IST)
Goldman Sachs Group Inc is planning to shed up to 10 per cent of its sales and fixed income trading jobs later in the quarter, the Wall Street Journal reported on Wednesday, citing sources.
Press Trust of India | Last Updated: December 18, 2015 09:44 (IST)
A technology support company run by an Indian-American entrepreneur has been sued by the US state of Washington for alleged illegal business practices to pressure consumers into buying unnecessary software, a charge denied as false and baseless by the firm.
Thomson Reuters | Last Updated: December 04, 2015 08:12 (IST)
Users of the Ola and GrabTaxi ride apps - the latter serves Southeast Asian countries including Malaysia, Singapore, Indonesia and Vietnam - will have access to Lyft when visiting the U.S., and can use the app in their native language and pay with their native currency.