Twitter's first day of trading as a public company ended successfully, as the micro-blogging social networking site saw its share value rise by 73 per cent, reaching an overall company value of $31bn (£19bn). From flotation on the ...
Tags: Twitter, Computer Products
When Guangxi Liugong Machinery was bidding to sell wheel loaders to a Thai rice merchant a few years ago, company president Zeng Guangan knew he needed to customize his equipment to beat off Komatsu Ltd and other Japanese rivals. ...
Tags: Heavy Gear, Wheel Loader
Chinese LED manufacturer Elec-Tech released their 3Q financial report on October 29th, 2013. Revenue for 3Q reached RMB 916 million (US $150 million), a growth of 27.15 percent compared to 3Q last year, a gross profit margin of RMB 2.44 ...
Corning Incorporated GLW +25.86% today announced preliminary third-quarter 2013 results. Corning is providing this preview to facilitate communications with investors regarding its announcement today that it has entered into a series of ...
Tags: Corning, Financial Results
A Tesla Model S caught fire on a highway in the US city of Seattle recently after its floor-mounted battery compartment was ruptured by a large piece of metal. The shape and size of the metal piece was enough to punch a 7.62cm diameter ...
Tags: Tesla Model
RPM International Inc. today announced at its annual meeting of stockholders that its board of directors declared a regular quarterly cash dividend of $0.24 per share, payable on October 31, 2013, to stockholders of record as of October ...
Tags: RPM International
Oracle CEO Larry Ellison chose not to deliver a keynote to a full conference space of Oracle OpenWorld 2013 visitors today, apparently choosing to watch an Oracle-sponsored America's Cup boat race rather than share his speech on the ...
Tags: Computer Products, software
Tencent Holdings Limited (SEHK: 0700) today experienced stock price rise in the morning, with market cap reaching HKD 774.982 billion or USD 100 billion, becoming the first Chinese Internet company to do so. Its stock price has swelled more ...
Alcoa's declining market capital and low share price prompted officials with S&P Dow Jones Indices to remove the US aluminum major from its Dow Jones industrial average Tuesday. "Alcoa's market capital was dead last among the 30 ...
Tags: Metallurgy, Mineral, Energy, aluminum
BlackBerry's biggest shareholder is reportedly preparing a bid for the troubled smartphone maker. Fairfax Holdings, an insurer run by Toronto, Ontario-based investor Prem Watsa, holds a stake of around 9.9 per cent in BlackBerry, having ...
Tags: Blackberry, Computer Products
Foreign media quoted words from a person in the know that Apple has asked Foxconn Technology Group to include China Mobile Ltd. (SEHK: 0941 and NYSE: CHL) in carrier list for iPhone 5C. Earlier reports said that China Unicom (Hong Kong) ...
Microsoft’s acquisition of Nokia was a defensive move to keep the Finnish phone maker from going under or falling into the hands of an Android-first rival, several analysts argued this week. “Had Nokia abandoned Windows Phone, ...
Tags: Nokia Deal, Microsoft
President Xi Jinping's visit to a recycling company Monday drew renewed attention to environmentally friendly industries. Xi said recycling is a sunrise industry and that garbage is a misplaced resource, during his visit Monday to a ...
Apple’s innovation problems were highlighted today when Forbes published its 2013 list of the world’s most innovative companies and ranked Apple at No. 79. Apple’s plummet has been dramatic. In 2011, the first year ...
Tags: Apple, Innovative Companies
Software giant Microsoft is being sued by a group of stockholders who claim the company misled them over the true parlous state of Surface RT tablet computer sales. They claim the company had led shareholders to believe that the launch of ...
Tags: Microsoft, tablet computer