AbbVie Inc (ABBV) reported second quarter 2014 earnings of 82 cents per share, unchanged from the year-ago earnings but surpassing the Consensus Estimate of 76 cents. Revenues increased 5% to $4.926 billion in the second quarter of 2014, surpassing the Consensus Estimate of $4.671 billion. Results were boosted by Humira’s strong performance. Including one-time items,…
Russia’s Ministry of Finance has announced proposals to ban the issuance of bitcoin and any operations involving crypto-currency. The legality of bitcoin has been discussed frequently in Russia since the beginning of this year. The Bank of Russia was the first government agency in the country to warn citizens and businesses about the risks associated…
In an exciting piece of news on the Wall Street, Reports have emerged that Apple Inc (NASDAQ AAPL) may be joining hands with VISA. Cupertino Based Apple may soon team up with Visa for a simplified mobile payments system. A new report indicates Apple Inc (NASDAQ AAPL) may partner with Visa Inc (NYSE V) for…
As per recent rumors on the Wall Street, Google (NASDAQ GOOG) is all set to place an Instagram Competitor. Google wants to branch out and expand social networks. A recent report from Bloomberg claims the search giant plans to spin-off Google+ Photos into something separate. Google+ fields a lot of criticism for not accruing as…
Social Networking Giant, Facebook (NASDAQ FB) may well be tracking all your talks. And this might even be happening when the messenger App is apparently off. As the government spy apparatus can monitor cell phone conversations even when the cell is off – and the battery can’t be removed. This raises further questions about Privacy…
General Electric Company (NYSE:GE), which already has a formidable presence in Africa, said on Monday it was planning $US2 billion in new investments to build and assemble equipment for oil and other industries, as well as training in health and other sectors. General Electric Company (NYSE:GE) belongs to Industrial Goods sector. Its net profit margin…
