Facebook Inc (NASDAQ FB) is observing a trend in Europe that more and more app developers are going “Android-First.” This transformation holds significance in the light of the fact that over the years app developers have preferred to launch their app on Apple’s iOS operating system first. Generally, it has been seen that after garnering…
EOPN reported fiscal second quarter 2014 results last night, delivering total revenue and subscription that met our forecast while non-GAAP EPS of $(0.10) beat our (and the Street’s) estimate by a nickel. While the important metrics of subscription revenue and bookings guidance for FY14 remain intact, investors are likely to focus on the meaningfully lowered…
Spark Infrastructure reported a solid first-half 2013, with earnings before interest, tax, depreciation and amortisation, or EBITDA, increasing 11% to AUD 340 million on a proportional basis. Growth was driven by substantial tariff increases to recover increased investment, partly offset by lower volumes. Regulated asset base (RAB) grew 9% in the past year and will…
Goldman Sachs Group Inc (NYSE:GS) reported an 11 percent drop in quarterly profit as client activity remained constrained and fixed-income revenue shrank, but both earnings and revenue beat market estimates and the Wall Street bank’s shares rose. Goldman Sachs Group Inc (NYSE:GS) stock performance was 0.14% in last session and finished the day at $157.44….
In order to boost its pipeline, AbbVie Inc (ABBV) inked a collaboration agreement with Infinity Pharmaceuticals (INFI) to develop and commercialize the latter’s oncology candidate duvelisib (IPI-145). Infinity Pharma’s shares jumped over 44% following the announcement. AbbVie will be making an upfront payment of $275 million to Infinity Pharma to jointly commercialize duvelisib in the…
The EMC Corporation (NYSE:EMC), the computer storage company now facing pressure from a big activist hedge fund, had held discussions with Hewlett-Packard about a merger, though those talks have since ended, a person briefed on the matter said on Sunday. EMC Corporation (NYSE:EMC) belongs to Technology sector. Its net profit margin is 11.00% and weekly…
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