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Archive - July 2007

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Rahul Bhandari | Jul 31 2007
toyotas georgetown kentucky plant
The profit of Toyota seems to have come down as employees with its U.S. plant seek unionization. Toyota is world's leading carmaker, which recently grabbed world No. 1 cap from the Detroit-based GM, and is paying an average $47.60 per hour to...
Rahul Bhandari | Jul 31 2007
sun microsystems
Sun Microsystems's fourth quarter result surprised everyone as it earned $329 million, or 9 cents per share, after reducing workforce and slashing component prices. The company reported a net loss of $301 million a year earlier. In the quarter,...
Rahul Bhandari | Jul 31 2007
internet entrepreneur brad greenspan
Internet entrepreneur Brad Greenspan claimed that he has gained the support of five investor groups to thwart Murdoch's $5 billion buyout bid for Dow Jones. These five possible investors are Intel Corp's, Intel Capital, Apex Partners, Jana...
Rahul Bhandari | Jul 30 2007
abn amro dutch bank
Finally, ABN AMRO bows to RBS-led consortium's competitive bid and decided against recommending RBS and Barclays to shareholders. Earlier, ABN Amro was formally backing Barclays' €67.5 billion ($92.07bn) takeover bid, but RBS-led consortium...
Rahul Bhandari | Jul 30 2007
b 787 dreamliner
Boeing is spending additional hundred million dollars on research-and-development to ensure its 787 Dreamliner delivery on time. Earlier, the American plane maker has postponed its test flight to the end of September from August, which raised...
Rahul Bhandari | Jul 28 2007
akzo nobel
Akzo Nobel, the Dutch chemicals company, has improved its offer for British chemicals group, Imperial Chemical Industries (ICI) to more than $15.49 billion (£7.6bn) or 635 pence a share. Earlier, Akzo Nobel had approached British company with
Rahul Bhandari | Jul 28 2007
westlb
Finally, WestLB has sacked its chief executive Thomas Fischer, along with the chief risk officer Matthijs van den Adel, for there alleged involvement in the stock trading scandal that has rocked the German landesbank. The supervisory board has...
Rahul Bhandari | Jul 28 2007
macintosh notebook computers
Apple's third quarter profits surged 73 percent on higher demands for its Macintosh notebook computers and iPhone. Net income mounted to $818 million or 92 cents a share for the last quarter that ended June 30, compared with $472 million, or 54...
Rahul Bhandari | Jul 25 2007
amazoncom
Amazon.com has registered buoyant profits in the second quarter amid strong sales of books, music and electronics worldwide. In the second quarter, the net earning surged to $78 million or 19 cents a share, from $22 million, or 5 cents a share...
Rahul Bhandari | Jul 24 2007
rupert murdoch aiming wsj
Months-long ruckus for Wall Street Journal seems to end by this week. Bancroft Family met in Boston on Monday and worked on possible measure for the WSJ's future with its advisers, but has not decided whether they will sell it or not. Murdoch..

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