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...
Archive - July 2007
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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,...
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...
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...
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...
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...
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...
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...
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...
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...
To win the contentious takeover battle for ABN Amro, Barclays is close to an agreement to sell a large stake to Chinese and Singaporean governments, which will raise cash around $20.56 billion ('10bn) to finance its takeover of the Dutch bank giant...
Despite costly Xbox repairs, the software titan Microsoft Corp has posted solid fiscal fourth-quarter performance.
The software giant profit mounts 7.3% to $3.04 billion, or 31 cents per share, from $2.83 billion, or 28 cents per share, during...
Continental Airlines' quarterly profits surged 15 percent amid the apprehension of soaring fuel and labor cost.
In the second quarter, Continental earned $228 million or $2.03 per share, from $198 million, or $1.84 per share a year earlier,...
The Qatar investment fund has offered a 600p-a-share for J Sainsbury, valuing the retailer at almost $24.61billion (£12bn), including debt.
This is second bid for the British supermarket chain this year. Delta two Ltd., which owns 25 percent of...
JPMorgan Chase & Co.'s (JPM) second quarter net income increases 20% amid strength in investment banking fees.
Banking giant, JPMorgan, reported quarterly net income of $4.23 billion, or $1.20 a share, up from $3.54 billion, or 99 cents a share,...
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