Business – Markets Reports and Financial News

  • Business - Markets Reports and Financial News

    SFO to investigate GlaxoSmithKline

    The Serious Fraud Office is set to investigate British drugs giant GlaxoSmithKline’s so called commercial practices. The drug company is already under the limelight for alleged bribery in certain countries. But according to GSK, it will fully cooperate with... Read More

  • Business - Markets Reports and Financial News

    Lenovo’s full year profit increases 29%

    Lenovo’s full year profit increased 29% and extends its lead in the Personal Computer industry. Lenovo is known as the largest PC maker in the world earning a record breaking net profit of $817 from March last year to... Read More

  • Business - Markets Reports and Financial News

    Sony shares drops after forecasting losses

    Sony shares drop by about 7 percent after it forecasted its second consecutive year of losses. The stocks went down after the Japanese electronics giant reported their loss at about 125 billion yen or $1.3 billion from January to... Read More

  • Business - Markets Reports and Financial News

    AT&T to buy DirecTV $50 billion

    There is a trend of company consolidation in the Pay-TV industry set by Comcast moving to acquire Time Warner Cable for $45.2 billion and is now followed by AT&T, which plans to buy DirecTV for $50 billion. DirecTV is... Read More

  • AstraZeneca

    Business - Markets Reports and Financial News

    Pfizer clears AstraZeneca takeover concerns

    This is a crucial week for Pfizer, which is about to gain control of AstraZeneca through an unsolicited $106 billion bid. Lawmakers will scrutinize the heads of both companies on Tuesday and Wednesday about issues of increased public anxiety... Read More

  • Apple’s Beats Acquisition

    Business - Markets Reports and Financial News

    Apple’s Beats Acquisition isn’t about the headphone

    The fuzz may be about Dr Dre being the first billionaire in the hip-hop industry, but Apple’s acquisition on his Beats by Dre is not about the headphones. Reports about Apple buying Dr Dre’s headphone and music streaming product... Read More

  • Business - Markets Reports and Financial News

    100 Internet Companies disagree with FCC’s Net Neutrality plan

    Over 100 Internet Companies are against the Federal Communications Commission Chairman Tom Wheeler’s plan for net neutrality. Two out of the five FCC commissioners also disagree with regulating broadband providers, as proposed by Wheeler. The 100 Internet companies that... Read More

  • German Bayer AG buys

    Business - Markets Reports and Financial News

    German Bayer AG buys Merck’s consumer care biz

    Germany-based pharmaceutical giant Bayer AG will be get more popular US brands as it acquires Merck’s consumer care business for $14.2 billion. Merck’s consumer care brands include Claritin, Coppertone, and Afrin. This means Bayer will have more popular US... Read More

  • Amazon.com

    Business - Markets Reports and Financial News

    Amazon.com leads the list of most reputable companies

    Amazon.com tops the list of companies with the best reputation reports the Harris Poll Reputation Quotient survey. In the survey, most of the companies that are considered as most reputable are giants from the technology industry like Microsoft, Apple,... Read More

  • Best Stocks To Buy Right Now

    Business - Markets Reports and Financial News

    Best Stocks To Buy Right Now

    Wall Street was hit by a storm in the past several weeks and some strong momentum stocks such as Facebook and Liknkedin was badly hit, and the money flowed to stable companies like Comcast and Disney. This is considered... Read More

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