Tagged: Company coverage

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Amazon earnings up, but disappointing

Internet giant Amazon.com Inc. missed analysts’ expectations for its fourth-quarter profit as it cost them more to get customers’ orders to them. Bloomberg’s Adam Satariano had this straightforward story: Amazon.com Inc. (AMZN:US), the world’s largest...

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Google selling Motorola to Lenovo

One thing about Google, it’s not one to invest in businesses that aren’t working. Less than two years after buying Motorola, Google is selling the unit to Lenovo. Rolfe Winkler and Spencer E. Ante...

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Netflix gains subscribers; stock soars

Investors piled into Netflix shares Wednesday after the streaming video service added more than 2 million customers in the last quarter of 2013. Netflix’s gains presents a conundrum for mainstream cable providers and network...

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Deutsche Bank posts loss

Deutsche Bank shocked the market with its surprise week-early earnings announcement, which was more than a $1 billion loss. The Wall Street Journal had this story by Ulrike Dauer, David Enrich and Eyk Henning:...

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Shell warns on earnings

Taking over one of the top oil jobs would never be easy, but for Shell CEO Ben van Beurden announcing a drop in earning for his company was likely difficult. It’s never a good...

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Yahoo dismisses No. 2 executive

It looks like turning around an Internet behemoth isn’t as easy as it sounds. Yahoo Chief Executive Officer Marissa Meyer ousted her No. 2 executive Henrique de Castro, indicating the company isn’t turning around...

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AOL sells Patch

The grand experiment of hyper-local journalism being conducted by an online company is over. AOL announced today that it would sell a majority of Patch. William Launder wrote in the Wall Street Journal that...

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Biz media chase new GM CEO

Mary Barra, the first woman to lead a major global automaker, has a press corps following like no other executive, reports Tom Krisher of the Associated Press. Krisher writes, “Barra, who officially becomes General...

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Suntory buys Beam for $13.6 billion

Merger Monday brought a huge announcement in the liquor world. Japanese whiskey maker Suntory  is buying Beam Inc. for $13.6 billion. Since it’s the first large deal of the year and such an iconic...