Sectors
Sonic's Q2 profits drop due to debt retirement; sales increase
Sonic Automotive's Q2 profits dropped because of debt retirement charges, while its sales increased.
Apple ditches AU Optronics, crawls back to Samsung for iPad mini2 components
Apple dumped AU Optronics after its failure to meet the standards of the technology giant which further resulted to Apple's negotiations with Samsung about iPad mini 2's components.
European stocks on the rebound
European stocks rebounded with Volvo and EasyJet as top gainers. European stocks have rebounded, with Volvo and EasyJet leading the top gainers. The world's largest truckmaker, Volvo, posted a gain of 3.
Selway Capital Acquisition Corp signs loan agreement with Partners for Growth III LP
Selway Capital Acquisition Corporation said that they have entered a US$5 million loan and security agreement with Partners for Growth III L.P.
Latest News
Adobe Systems Incorporated has acquired Neolane for $600 million. Adobe Systems Incorporated has completely acquired Paris-based Neolane for $600 million.
Most Sonic stores faced problems with the recently rolled out "True Price" program. For the past quarter, Sonic focused on moving its dealerships to its "True Price" structure.
Google would spend more than US$500 million to market Moto X and begin its separation from the android pack.
The world's biggest smartphone producer by shipments, Samsung Electronics Co., was anticipated to reveal it best operating revenue ever.
“We are moving forward,” said Huma Abedin, who seemed to have forgiven her husband. Huma Abedin may not have wanted to be in the spotlight. However, thanks to a sexting controversy, now, she was facing reporters along with her husband.
Samsung outdid Apple's iPhone sales for this year's second quarter after reporting 23 million units sold.
Apple was expected to stay as the dominant figure in the technology industry if it was able to innovate more and add pressure to its competitors.
Carlos Danger held a press conference to apologize for leaked pictures. Anthony Weiner held a press conference recently. He admitted leaking "sexually explicit" pictures over the internet.
Apple Inc's report regarding its sales for the third quarter surpassed the expectations of analysts after selling 4.7 million more than what was expected.
Soluble Systems revealed that it had gathered US$3.5 million from 57 different investors. No less than 57 different private investors opened out their bank accounts to invest into Soluble Systems' recent US$3.




