10 June 2014
Apple Inc. officially completed its eagerly awaited 7-for-1 stock split on Monday; the tech giant’s first split since 2005.
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03 June 2014
The Governing Council of the European Central Bank (ECB) will meet this Thursday to discuss subdued euro zone inflation. Inflation in the EU has fallen to just 0.5%, failing to surpass the 1% mark over the course of the past 8 months.
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28 May 2014
Google Inc. has revealed that it is designing and developing self-drive vehicle technology. Co-founder Sergey Brin’s vision for the future of motor transport encompasses safer, more efficient transport.
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19 May 2014
AT&T has agreed to acquire DirecTV in a deal worth approximately $48.5 billion. Both firms’ boards met on Sunday to approve the merger, although it is still subject to regulatory approval.
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13 May 2014
T&T and DirecTV are expected to announce a merger worth close to $50 billion in cash and stock, according to sources familiar with the matter.
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08 May 2014
Federal Reserve Chair Janet Yellen has issued the clearest indication yet that the central bank may continue to stimulate the US economy.
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06 May 2014
Tuesday saw Twitter Inc. sink to its lowest share price on the New York Stock Exchange since its November 6th 2013 initial public offering. The tech giant lost almost 15% in early morning trading as more than 480 million insider shares became eligible for sale.
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01 May 2014
AT&T has approached satellite TV operator DirecTV about a possible merger, according to the Wall Street Journal.
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15 April 2014
Google Inc. today announced the acquisition of Titan Aerospace, a maker of solar powered high altitude drones, for an undisclosed amount.
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09 April 2014
Comcast Corporation has officially launched the regulatory review process for its proposed $45.2 billion acquisition of Time Warner Cable (TWC). USA’s largest cable company issued a filing with the Federal Communications Commission Tuesday specifying the benefits of merging with TWC.
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03 April 2014
Google Inc. today completed its long awaited 2-for-1 stock split on a frantic day at the NASDAQ stock exchange. Prior to the split, Google had two share classes in existence; Class A shares, holding one vote and Class B shares, carrying ten votes.
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26 March 2014
Facebook Inc. announced on Tuesday that it has reached a $2 billion agreement to buy Oculus VR, the maker of a virtual reality headset. The acquisition, coming hot on the heels of Facebook’s landmark $19 billion takeover of WhatsApp Inc.
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19 March 2014
The US Federal Reserve’s first meeting under the leadership of Janet Yellen has proceeded predominantly as expected. Yellen confirmed that the Fed intends to continue the process of ‘tapering’ its bond buying initiative.
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18 March 2014
US stocks performed well on Wall Street Tuesday ahead of Wednesday’s first Federal Reserve policymaking meeting under the stewardship of Janet Yellen. The Dow Jones gained almost 90 points while the S&P 500 climbed 0.72%.
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10 March 2014
Chiquita Brands International and Irish tropical fruit company Fyffes announced a $526 million merger in a joint statement today. The all stock deal will establish the world’s largest banana company, creating a new entity called ChiquitaFyffes.
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03 March 2014
Global stocks were sent tumbling Monday in reaction to increased uncertainty surrounding the Ukrainian political crisis. London’s FTSE 100, Japan’s Nikkei 225 and Hong Kong’s Hang Seng each shed almost 1.5% for the day, while the DAX in Germany lost 3.44%.
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01 March 2014
Warren Buffett’s conglomerate holding company Berkshire Hathaway has confirmed record profits of $19.48 billion for 2013. The Omaha, Nebraska based firm saw full year profits rise an impressive 31%, equating to $11,850 per Class A share.
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