Yahoo is bidding to strengthen its presence in the increasingly important mobile space with the acquisition of Alike, a location discovery app. The move comes as Yahoo faces rising pressure to stay relevant and offer mobile products for ...
Tags: Yahoo, mobile space, Alike, acquisition
US snack manufacturer Snyder's-Lance has set 2013 forecasts below Wall Street consensus, hitting the company's shares. Shares in Snyder's-Lance closed down 3.26% at $25.25 yesterday (12 February) after an earnings forecast that lower than ...
Tags: snack manufacturer, share, profits
Yahoo CEO Marissa Mayer thinks there are problems with checking email on a smartphone, but her company is working on a solution. "Mail isn't done. There are a lot of things about it that can be improved," she said Tuesday during Goldman ...
Tags: Yahoo, email, smartphone
LyondellBasell is dropping plans to expand a metathesis unit to boost propylene production at its Channelview, Texas, facility, and will instead focus its efforts on debottlenecking projects at its ethylene units, company CEO Jim Gallogly ...
Aluminium can maker Ball reported Q4 income of $60.6m, down from earnings of $77.5m, in the fourth quarter of 2011. Sales were $2.11bn in Q4, compared with sales of $2.05bn in the fourth quarter of 2011. Fourth quarter earnings were ...
Tags: US, Pack Firms, packaging segment
Yahoo CEO Marissa Mayer says the company plans on a big comeback in the Internet search business, which means directly taking on industry giant Google. Yahoo CEO Marissa Mayer at the World Economic Forum in Davos, Switzerland last ...
Tags: Yahoo, Internet search, Google
Despite declines in its coal volumes, Kansas City Southern swung to a fourth quarter and year-end profit, partly on growth in shipments of crude oil and frack sand, executives of the railroad said Tuesday. "The growth in crude and ...
Tags: coal volumes, Kansas, crude oil, frack sand
Shortages of touch-enabled Windows notebooks led to a steeper-than-expected decline in PC sales last quarter, an analyst said. According to IDC, global PC shipments in 2012's fourth quarter fell 6.4% compared to the same period in 2011, a ...
Tags: Windows notebook, PC sales, PC shipments
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
The sharemarket ended a three-day losing streak yesterday as the latest earnings results from US aluminium giant Alcoa reassured investors in the resources-heavy domestic bourse, with high-yield and defensive sectors of the market well bid. ...
Tags: aluminium, Alcoa, market well bid, aluminium market
Associated Press reported that aluminum producer Alcoa Inc launches the fourth quarter earnings season on Tuesday after the markets close. The sluggish global economy, including slower growth in China and the debt crisis in Europe, has ...
Tags: Alcoa, aluminum producer, aluminum, aluminum industry
US-based Baker Hughes on Tuesday became the second large-capital oil service company in as many weeks to issue a warning of lower fourth-quarter earnings because of weaker North American and international activity. Baker Hughes' North ...
Steel Dynamics Inc has provided fourth quarter earnings guidance in the range of USD 0.18 to USD 0.22 per diluted share, which includes an expected favorable tax adjustment of approximately USD 0.06 per diluted share. Excluding the tax ...
Tags: Steel Dynamics Inc, per diluted share, steel, ferrous metal
US organic retailer Whole Foods Market has snapped up leases to six Johnnie Foodmaster's stores in and around Boston. The six stores average 31,000 square feet in size. Whole Foods plans to remodel each location, with the goal of ...
Tags: Whole Foods Market, food market, food industry, food store
US distributor United Natural Foods (UNFI) has booked an increase in earnings for fiscal 2012. In the 12 months ended 28 July, net profit amounted to US$91.3m compared to $76.7m a year earlier, the company reported today (11 September). ...
Tags: United Natural Foods, earning rise, food market, food industry