Posts Tagged ‘firm’

Technology Giant Apple Set To Pay Dividend And Repurchase Shares

Technology Giant Apple Set To Pay Dividend And Repurchase Shares

The US-based technology giant Apple (Public, NASDAQ:AAPL) has announced that it is set to begin using its cash to pay out a dividend to its shareholders. The company is also planning to buy some of its shares back. Apple has stated that, from July of this year, it will pay out a quarterly dividend to [...]

LivingSocial Suffered $558M Loss In 2011, According To Amazon Filing

LivingSocial Suffered $558M Loss In 2011, According To Amazon Filing

The daily deals firm LivingSocial has had its finances reported by Amazon.com (Public, NASDAQ:AMZN) in its quarterly filing with the SEC (Securities and Exchange Commission), providing a look at the business’s financial situation in comparison with its major rival Groupon (Public, NASDAQ:GRPN). Online giant Amazon has invested in LivingSocial in the past and currently has [...]

UK Business Leaders Receive Knighthoods As Part Of Queens New Year’s Honours

UK Business Leaders Receive Knighthoods As Part Of Queens New Year’s Honours

A number of individuals in the UK business world have received honours as part of the British Queen’s New Year’s honours list. The Queen hands out honours to people who have achieved success in various fields at the start of each year. Business leaders who have been honoured this year include Andrew Witty, the chief [...]

Olympus Avoids Delisting But Sees Shares Fall Sharply Today

Olympus Avoids Delisting But Sees Shares Fall Sharply Today

Olympus (Public, TYO:7733), the scandal-hit Japanese camera maker, has kept its listing on the Tokyo Stock Exchange, but has suffered large falls in its shares today. The firm’s stock declined 20.8% as investors fear that the company may be set to run out of cash. The organisation submitted corrected earnings reports earlier this week to [...]

British Fish And Chip Chain Harry Ramsden’s Set To Close Its First Ever Shop

British Fish And Chip Chain Harry Ramsden's Set To Close Its First Ever Shop

Harry Ramsden’s, the UK-based fish and chip shop chain, are set to close their first ever restaurant in Guiseley, Leeds, 83 years after it opened. The planned closure of the iconic branch in the county of West Yorkshire spells the end of an era for the organisation. The 24 employees who are currently working there [...]

Greek Default Has Become ‘Unavoidable’, Say Ernst & Young

Greek Default Has Become ‘Unavoidable’, Say Ernst & Young

A Greek economic default “now seems unavoidable”, according to analysts from Ernst & Young. The business services group’s quarterly eurozone Forecast has also stated that the odds of another recession occurring in the euro bloc have risen sharply. The firm said in its latest analysis of the eurozone’s economic situation, that growing financial tensions, along [...]

Eastman Kodak Denies Bankruptcy Claims

Box of a Kodak Zi-8 Digital Video Camera

Photographic firm Eastman Kodak (NYSE: EK) confirmed recently that it has hired the law firm Jones Day, which specialises in bankruptcy cases. The move fuelled speculation that the company, based in Rochester, NY and founded in 1892 by George Eastman would soon file for bankruptcy. The firm has denied the rumours, saying that “it is [...]

Trinity Mirror Shares Jump After Axing Of News Of The World

Trinity Mirror Shares Jump After Axing Of News Of The World

Shares in Trinity Mirror (Public, LON:TNI), publisher of newspapers the Daily Mirror and Sunday Mirror, have risen by 15%. The British newspaper firm saw sales improve following the demise of News of the World (NoW) (Public, NASDAQ:NWSA), with circulation of the Sunday Mirror increasing by 55% during July. But according to the Trinity Mirror’s interim [...]

Prediction From Gold Miner Suggests Gold Price May Rise Further

Prediction From Gold Miner Suggests Gold Price May Rise Further

Gold miner African Barrick Gold (Public, LON:ABG) has recently predicted that the price of gold may keep rising because of the current worldwide economic uncertainty. The company is listed on the FTSE 100 and is the largest producer of gold in Tanzania. The firm, a spin-off of the African assets of Barrick Gold (the world’s [...]

Core BSkyB Investors Stick With The Company, While Others Flee

Core BSkyB Investors Stick With The Company, While Others Flee

BSkyB’s (Public, LON:BSY) core investors are reported to be staying with the company, regardless of the result of Rupert Murdoch’s bid to take it over and despite the fact that some investors have dumped their shares in the company. Murdoch’s bid to take over the UK media giant is currently hanging in the balance, after [...]