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Tim Cook Goes All Donald Trump and Blames Press for iPhone Sales Slowdown
May 4, 2017Apple CEO Tim Cook and US President Donald Trump are probably as far removed from each other on the political scale as its possible for two people to be. However, the big boss man in Cupertino appears to be learning a thing or two from ...
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Hasbro to End Gender Categories in Revenue Reports
Feb 14, 2017The toy firm revealed the news in its 2016 year-end earnings report. Hasbro has revealed plans to cut its gender categories in all of its future revenue reports. The company detailed the decision within its 2016 year-end earnings ...
Tags: Hasbro, emerging brands
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Colombia to Begin Natural Gas Imports in Early 2016: Ecopetrol
Nov 24, 2015Colombia in January will begin importing 39 MMcf/d of natural gas from neighboring Venezuela to meet domestic needs, ending decades of natural gas self sufficiency, the head of Ecopetrol said Monday. The country is negotiating to increase ...
Tags: natural gas, crude
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EBay Studying Whether to Spin off The Business as Part of a Broadening Restructuring
Jan 23, 2015Less than four years after acquiring GSI Commerce for $2.4 billion, eBay Inc. announced Wednesday it was studying whether to spin off the business in IPO as part of a broadening restructuring. The company disclosed the plans in its ...
Tags: broadening restructuring, box retailers, Sporting Goods
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Four Companies Turned Things Around After Facing Rough Starts in Early 2014
Sep 23, 2014This year is proving to be a pretty good year for many medtech companies. The majority of the largest 40 have seen their stock prices rise by double-digit percentages in 2014, according to a Qmed analysis. Meanwhile, only eight have seen ...
Tags: Medtech Companies, Medical device
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Britain's Economy Has Grown to Surpass The Peak It Reached in 2008
Aug 15, 2014LONDON (AP) — Britain’s economy has grown to surpass the peak it reached in 2008, before the global banking crisis caused a deep recession, official figures showed Friday. The Office for National Statistics said gross domestic ...
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Posted in Medical Device Business by Nancy Crotti on July 29, 2014
Aug 14, 2014Like the kid on the playground who watches others hop on and off the spinning merry-go-round, Boston Scientific says it will sit out the current whirl of medtech mergers. Following last week’s second-quarter earnings report, ...
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Sources Said US Methanol Contract Prices Are Expected to Drop Sharply for June
May 26, 2014US methanol contract prices are expected to drop sharply for June following rapidly declining spot prices in recent months, sources said Thursday. June contract announcements from Methanex and Southern Chemical Corp. were expected to be ...
Tags: Methanol, methanol contract
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Apple Boosted Its Sales and Profits Over The Previous Year
Apr 25, 2014Even in a quarter that saw no product introductions, Apple boosted its sales and profits over the previous year. The company released its fiscal second-quarter earnings report on Wednesday, reporting revenue of $45.6 billion and a net ...
Tags: Apple, Computer Products, IT, Consumer Electronics
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FDA Raising Cancer Concerns Over How Robotic Hysterectomies Are Performed.
Apr 23, 2014Intuitive Surgical stock fell 11.5% in value on Wednesday after a disappointing quarterly earnings report and the FDA raising cancer concerns over how robotic hysterectomies are performed. The Sunnyvale, CA–based maker of da Vinci ...
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Google Exited The Smartphone Manufacturing Business and Shored up Android's Legal Defenses
Feb 10, 2014Google has exited the smartphone manufacturing business and shored up Android's legal defenses in the smartphone patent wars in a single week. The technology giant sold off Motorola Mobility to Lenovo in a US $12.5-billion deal on Wednesday ...
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Apple Shares Fell to $506.51 in Trades Tuesday Afternoon on The Nasdaq Exchange
Feb 8, 2014Activist investor Carl Icahn fired off word on Tuesday that he beefed up his Apple stock holdings by a half-billion dollars as the share price dipped. "Just bought $500 mln more $AAPL shares," Icahn said in a message on Twitter. "My ...
Tags: Apple, buyback, shareholder, AAPL
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Postal Service Lost Less Money in Its First Quarter Than The Same Period Last Year
Feb 7, 2014The U.S. Postal Service lost less money in its first fiscal quarter than the same period last year as it cut costs and increased revenue from its shipping and packing business. USPS had a $354 million loss in the quarter ended Dec. 31, ...
Tags: Transportation, Postal Service
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Intel Expects That Its Workforce Will Decline by 5 Percent as It Heads Into a Year
Jan 21, 2014Intel expects that its workforce will decline by 5 percent as it heads into a year in which revenue is likely to be flat. Intel announced its expectations for a decline in its workforce in the wake of its fourth quarter earnings report. ...
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The Axing This Week of Yahoo's Second-in-Command Sent a Signal
Jan 18, 2014The axing this week of Yahoo's second-in-command sent a signal that reality is setting in for Silicon Valley sweetheart Marissa Mayer, who leads the struggling Internet pioneer. Hearts soared when Mayer was wooed away from rival Google in ...
Tags: Consumer Electronics, Electronics