Company News

Strong Sales of Galaxy S7 and S7 Edge Pushes Second Quarter Profits for Samsung

Strong Sales of Galaxy S7 and S7 Edge Pushes Second Quarter Profits for Samsung

It is expected that, owing to its steady sales of Galaxy S7 and S7 Edge, Samsung Electronics is all set to surpass market expectations.

For the second quarter this year, the South Korean company is expected to post 8.1 trillion won or $7 billion in operating profits.

Gap reports a fall in sales in the fifth straight quarter

Gap reports a fall in sales in the fifth straight quarter

Clothing giant, Gap Inc has reported a fall in sales during the fifth straight quarter at a time when the company was expected to start recovery.

Square Reports Growth in Sales for the Fourth Quarter

Square Reports Growth in Sales for the Fourth Quarter

Jack Dorsey has been juggling between Square and Twitter being the chief executive of both the companies. Square is a mobile-payments company that went public recently public and Twitter, the social network is looking for new users and is struggling for some time to keep the ld users with it.

Moody’s Announce a Pact with Calpers Over a 2009 Ratings Lawsuit for $130 Million

Moody’s Announce a Pact with Calpers Over a 2009 Ratings Lawsuit for $130 Millio

On Wednesday, Moody's announced a pact with California Public Employee Retirement System in which the investor service will pay $130 million to settle claims for supposedly inflated ratings during

Staples Inc. and Office Depot Merger, Is that Still a Possibility?

Staples Inc. and Office Depot Merger, Is that Still a Possibility?

Staples, the office supply, furniture and equipment chain retailer has struggled for some time to perk up the revenues as demands decrease for conventional office requirements like filing cabinets and folders. Consumers now prefer to look for cheaper online deals which hurt the demands for conventional office goods.

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