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%…
It was business as usual for the biotech sector last week with highlights including a deal for the acquisition of product rights, encouraging study results and the granting of breakthrough therapy status for an experimental cancer treatment. Here we take a look at all these news in detail. Regado Biosciences saw its shares plunging 58%…
PayFast, a leading South African payment processor, started offering the digital currency bitcoin as a payment option, making it available to the firm’s 30,000 merchant customers. It becomes the first payment processor in South Africa, and one of the first anywhere, to offer the cryptocurrency as an option. The subject of Africa and developing markets…
Marketing developer partner Nanigans recently released a study about cost per click growth on Facebook Inc (NASDAQ FB). The firm said it sees global cost per click on the social network as rising 29% in the second quarter compared to 39% in the previous quarter. However, Evercore Partners analysts think the percentage is too high….
Apple Inc (NASDAQ AAPL) is set to release its earnings numbers for the three months through June next week, and investors are excited to see what the company has in store. The company will show exactly how much it earned in the three months on Tuesday July 22. In the last five days the company’s…
In a press release today, Google Inc (NASDAQ GOOG) announced that it has agreed to purchase Skybox Imaging for $500 million in cash. U.S. regulators still must approve the deal before it can close, which could be as early as just a couple months from now. Both the Federal Communications Commission and the National Oceanic…
