Samsung is expected to increase its market share in smartphones this year while Apple is cutting the price of its iPhone 5. Samsung's smartphone sales will grow by 35% to 290m units this year says Strategy Analytics, up from 215m units ...
Tags: Samsung, market share, smartphone, Apple, phone market
The Australian sharemarket closed higher to end a three day run of losses and defy market falls in the US and Europe. At the close today, the benchmark S&P/ASX200 index was 17.9 points, or 0.38 per cent, higher at 4708.1, while the ...
Tags: Australia, sharemarke, US, Europe
Sainsbury's today (9 January) reported that third-quarter like-for-like sales, excluding fuel, came in at 0.9%. While this represents a slow-down from the company's previous 31 consecutive quarters of growth, Sainsbury's was able to ...
Tags: food inflation, Sainsbury, sales, Retail Pack
UK-based insurer Aviva has sold its remaining stake of 19.4% in Dutch insurer Delta Lloyd for 353m, as part of its strategy to reorganize operations. Aviva sold all its 34 million shares in Delta Lloyd for €12.65 per share, ...
Tags: Aviva, stake, insurer, share, life insurance, general insurance
By Mark DeWeaver. On December 13 the ISX amended the Iraq Depository Center (IDC) bylaws to prohibit investors from owning the same names in accounts at different brokers. The new rule, which went into effect on January 7, requires anyone ...
Tags: ISX, Iraq Depository Center, IDC, Speculators
Emmi has continued to see its share price rise after another acquisition deal to improve the Swiss dairy giant's presence in key international markets. This week, Emmi announced it has acquired 70% of Netherlands-based AVH Dairy Trade, ...
Tags: dairy giant, dairy, Dairy Trade, milk products, cheese
UK supermarket group Morrisons has booked a "disappointing" set of results for the quarter to 30 December, with trading over the key Christmas period lagging the overall weak market. In its trading update, released this morning (7 ...
Tags: UK, supermarket group, Morrisons, sales
Morrisons has once again booked a decline in like-for-like sales worse than the overall market, as the group struggles to maintain its share in the face of a highly price-focused consumer. According to management, the "greatest headwinds" ...
Tags: Morrisons, headwinds, convenience offering, company news
US retailer Supervalu has downplayed reports it is "nearing" a deal that would see Cerberus Capital Management buy some parts of the firm and take a stake in the rest of the company. According to a Wall Street Journal report citing ...
Tags: Supervalu, Cerberus Capital Management, company news, sales and profits
The West Australian cited Mr Richard Mehan MD of Grange as saying that the combination of market speculation over a future acquisition and the recent iron ore price rally has provided Grange Resources with an overdue market revaluation. ...
Tags: Metallurgy, Mineral, iron ore, market conditions
Molycorp (NYSE:MCP) has seen its share price sink to abysmal lows following numerous problems in 2012, leaving the American rare earth producer a highly appealing takeover target. Bloomberg reports that Molycorp, which owns the USA's ...
Tags: Molycorp, share price, rare earth, America
The West Australian reported that Western Areas managing director Dan Lougher said that the Glencore-Xstrata merger could be the catalyst for a wave of acquisition activity in the WA nickel sector this year, with the new global giant primed ...
Tags: West Australian, Western Areas, Nickel Sector, WA nickel
Ashoka Buildcon climbed on December 26th Wednesday after the company and GVR infra Projects,as consortium have emerged as the lowest bidder in its bid for the Tamil Nadu Road Development Company project. The project entails development of ...
U.S. authorities have charged a former research analyst at a financial services firm with insider trading offenses related to the 2009 acquisition of software vendor SPSS by IBM. Australian Trent Martin, 33, is charged with one count of ...
Tags: U.S.authorities, former research analyst, financial services firm
HP has confirmed that it will wield the axe on those of its businesses that don't meet targets, official documents have revealed. As first reported by Bloomberg, HP told the US Securities and Exchange Commission in a 27 December filing ...
Tags: HP, axe, businesses, targets