Samsung Electronics may build U.S. plant for home appliances Samsung Electronics may build U.S. plant for home appliances:- Samsung Electronics Co Ltd (005930.KS) may build a U.S. plant for its home appliances business, a person familiar with the matter said, the latest global firm to consider a response to criticism […]
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Trump will make hedge funds great again Trump will make hedge funds great again:- U.S. hedge fund manager Dan Loeb is betting President Donald Trump will be good for investments thanks to his planned mix of tax cuts, reduced regulation and infrastructure spending. “This environment is undoubtedly better for active […]
Health insurer Anthem could rise 30 percent on earnings potential Health insurer Anthem could rise 30 percent on earnings potential:- Anthem Inc (ANTM.N) shares could rise by 30 percent as the U.S. health insurer is undervalued and has the most room for improvement in profit margins and earnings among its […]
Starbucks in crosshairs as Mexico boycott campaign simmers Starbucks in crosshairs as Mexico boycott campaign simmers:- Seeking to quell a social media campaign imploring Mexicans to boycott U.S. companies, Starbucks defended itself on Friday, saying it had invested millions in the country, created more than 7,000 jobs, and that its […]
Seagate forecasts third-quarter revenue above estimates Hard-disk drive maker Seagate Technology Plc forecast current-quarter revenue above estimates, buoyed by strong demand for its cloud-based storage products. Shares of the company, which also posted higher-than-expected second quarter profit and revenue, soared 13.7 percent to $42.56 in after-market trading on Tuesday. Seagate […]
Toshiba board to approve plans to split off chip business on Friday Toshiba board to approve plans to split off chip business on Friday:- Toshiba Corp’s (6502.T) board will meet on Friday to approve plans to make its chip business a separate company and hopes to raise more than 200 […]
As nuclear loss grows, Toshiba needs chip investors, soon As nuclear loss grows, Toshiba needs chip investors, soon:- With mounting writedowns from its nuclear business, Japan’s Toshiba Corp is looking to sell part of its core semiconductors business, a world No.2 in the flash memory chips used in smartphones. But […]
Turkish parliament approves presidential system, paving way for referendum Turkish parliament approves presidential system, paving way for referendum:- The Turkish parliament approved a constitutional reform bill overnight including strengthening the powers of the presidency, paving the way for a referendum expected in the spring which could see President Tayyip Erdogan […]
Seeing e-cigarettes may boost desire to smoke Seeing e-cigarettes may boost desire to smoke:- Newer versions of e-cigarettes known as vape pens may not look much like traditional cigarettes, but seeing someone use these devices still sparks a desire to smoke, a recent study suggests. Like other types of e-cigarettes, […]
Toshiba making preparations for sale of stake in chip business Toshiba making preparations for sale of stake in chip business:- Japan’s Toshiba Corp (6502.T) has begun preparations to sell a minority stake in its core chip business, people with knowledge of the matter said, as it urgently seeks funding to […]
