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Coty Still Wants to Buy Avon
Coty, the American company with operations in the field of cosmetics, raised its bid for Avon Products, another American company by 6.45% to $10.65 billion, with the support of investors such as Berkshire Hathaway, the group of billionaire Warren Buffett,...
Prediction: Apple Will Be the First U.S. Company Valued at $1 Trillion
For more than five years, Apple (NASDAQ:AAPL) is on the lips of all investors and analysts. But the question is how much can Apple grow, given that in 2004 was quoted at $16.25 to reach in early April $628 and now is just under $585. American analyst...
Yahoo Revenues Increased in the First Quarter to $1.08 Billion
Yahoo! (NASDAQ:YHOO) revenue has increased in the first quarter by 1%, to 1.08 billion dollars, an evolution better than expected, fueling optimism that the efforts of the Director General, Scott Thomson, on recovery activities will be successful. The...
Moody`s Downgraded Today Nokia’s Rating
Moody’s downgraded today the rating for long-term debt of Nokia by a notch to “Baa3″ with negative outlook. The sharp decline, by 16%, of mobile phones sales in the first quarter was what caused a 35% decrease in Finnish group’s...
Groupon, a Company That Lacks the Knowledge to Calculate Its Income
U.S. Securities and Exchange Commission (SEC) has started to analyze the financial results of the Groupon company, reported in last quarter of 2011, said a source close to the investigation for Wall Street Journal. The investigation is only in the preliminary...
Facebook Password in Exchange for a Job
Justin Bassett, a statistician in New York, had just finished to answer the interview questions for hiring at a lobbying firm, when interviewer sat at the computer and searched the internet his Facebook page. And because she could not see his secret profile,...
Google + Is a Desert City Compared to Facebook
In an attempt to catch Facebook, Google’s social network is like a deserted city, writes the U.S. business daily Wall Street Journal. Google CEO Larry Page said about Google + that it has become an important competitor in the social networking market,...
Factors That Could Lead to Facebook Death
Once Facebook filed for listing on the stock market, as procedure dictates, representatives of Facebook had to specify the risk factors that could kill the business. The number of risk factors is 35 and despite the fact that many of them fall into stereotypes,...
Gina Rinehart Has Doubled Her Fortune in a Weekend
Gina Rinehart, the Australian woman who inherited a mining company from her father, is about to become the richest woman in the world, having doubled her fortune, to 20.63 billion dollars last weekend, Business Insider writes. An unknown character to...