RBS` recovery is on track, but its exposure to Ireland will continue to mean heavy loan losses.

Morningstar’s credit rating of BBB+ for Royal Bank of Scotland reflects the bank’s large balance of nonperforming loans but is bolstered by the recent improvements in the bank’s operating performance. Through acquisitions, Royal Bank of Scotland has become a global bank, with operations in 50 countries. RBS is primarily a business bank and is dominated by its global banking and markets division, which has historically … Continue reading RBS` recovery is on track, but its exposure to Ireland will continue to mean heavy loan losses.

Google launches tablets which have 3D sensors (NASDAQ GOOG)

Google Inc (NASDAQ GOOG) has recently launched a $1000 tablet prototype with 3D sensors and a motion tracking camera. 3D technology is the latest trend among the tech giants, with big firms like Google and Amazon gearing up to launch 3D-enabled devices. Google has been working for some time with universities, research labs, developers and other tech companies to develop the capabilities to map and … Continue reading Google launches tablets which have 3D sensors (NASDAQ GOOG)

Santander`s First-Quarter Profit Benefits Lower Provisions

In the first quarter of the year, Spain’s largest bank, Grupo Santander SAN , earned EUR 1,205 million, up significantly from the EUR 401 million it earned in the trailing quarter. Most of this increase was due to the non-recurrence of special loan loss provisions in the fourth quarter; excluding this, earnings were up 18% sequentially, but down 26% from the year-ago quarter because of … Continue reading Santander`s First-Quarter Profit Benefits Lower Provisions

BASF`s Crop Protection Products Help Boost Results in First Quarter

In the first quarter, BASF BAS continued to rely on its diversified product mix in what has been a challenging market environment for chemical producers. BASF’s agriculture and oil and gas businesses propped up sales in the first quarter, as revenues increased 4.8% year over year. On a geographic basis, management noted that growth in China was below the firm’s expectations during the quarter. Excluding … Continue reading BASF`s Crop Protection Products Help Boost Results in First Quarter

Stock In News : Earnings of Google EPS $6.08 Revenue $12.7B (NASDAQ GOOG)

Google Inc (NASDAQ GOOG) released its earnings numbers for the three months through June this afternoon after the market closed on Wall Street. According to the release the company earned $6.08 per share for the three months on revenue totaling $12.7 billion. In the same three months of 2013, Google Inc (NASDAQ GOOG) earned $4.78 per share, adjusted to the company’s stock split. Revenue in … Continue reading Stock In News : Earnings of Google EPS $6.08 Revenue $12.7B (NASDAQ GOOG)

Bitcoin Added to Currency Converter by Google

In another sign of Bitcoin adoption, Google Inc (NASDAQ GOOG)’s popular currency conversion calculator will now feature the digital payment method. The adoption of Bitcoin into a currency calculator marks the first time a non-fiat currency has been included in Google’s “currency” convertor. The digital payment method Bitcoin is now the first non-fiat currency to be listed on Google’s currency converter. Operating a Bitcoin exchange … Continue reading Bitcoin Added to Currency Converter by Google