Business News

microsoft-042414-lg.jpgSoftware giant Microsoft Corp. said Thursday after the markets closed that its third quarter profit fell 6.6% from last year, when results were boosted by special upgrade offer revenues. However, the company's quarterly earnings per share came in above analysts' expectations as did its quarterly revenue.

FDA Proposes Rule To Expand Tobacco Control Authority

America's love affair with tobacco dates back centuries, and the nation continues to be a leading producer of tobacco leaves. As the latest step in its efforts to make the next generation tobacco-free, the FDA has proposed a new rule that would extend its tobacco authority to cover additional tobacco products.

Latest News


Volvo Posts Profit In Q1 On Higher Demand In Mature Markets

Swedish automaker AB Volvo reported Friday a profit in its first quarter, compared to last year's loss, benefited by higher sales and improved price realization, despite adverse currency impacts. The Sales were driven by demand growth in mature markets in North America, Europe and Japan, as well as China.

Hungary Jobless Rate Drops Further To 8.3%

The unemployment rate in Hungary eased for a fifth consecutive month in March to its lowest level in more than five years, the figures from the Hungarian Central Statistical Office showed Friday. The jobless rate fell to 8.3 percent in the three months to March from 8.6 percent in the three months...

Spain Feb Mortgage Lending Falls 33.7% On Year

Spain Feb Home Mortgages Down 33% On Year To 16,420


Sinclair IS Pharma Reports Acquisition Of Perfectha Distribution Rights From Pharmavital SA

Bank Of Georgia Buys-out Minority Shareholder Of My Family Clinic


After-market Movers For April 24 (MSFT, AMZN, SBUX, V, LVS, P)

Gainers: Microsoft Corp. (MSFT) gained 2 percent to $40.85. The company's third quarter earnings declined from the year-ago quarter, yet topped Wall Street view. Revenue for the quarter declined marginally, but managed to come above the consensus estimate. Inc. (AMZN) was up slightly...

MCig's Subsidiary VitaCig Files For IPO - Quick Facts

mCig Inc. (MCIG.OB) announced that its wholly owned subsidiary VitaCig Inc. has filed a Form S-1 with the Securities and Exchange Commission or SEC for the registration of 250 million VitaCig shares that will be paid out to mCig shareholders as a dividend on the record date. The record date has now been...