On Oct. 8, The chief executive of Brazil telecom giant Oi SA (NYSE:OIBR), Zeinal Bava, resigned Oct 07, at a crucial time for the firm’s multibillion-dollar merger with Portugal Telecom SGPS SA that he had orchestrated. Oi SA (NYSE:OIBR) belongs to Technology sector. Its net profit margin is -1.60% and weekly performance is -15.38%. On…
On Sep 23, Fifth Third Bancorp (NASDAQ:FITB)is scheduled to report third quarter 2014 financial results on October 16, 2014. Fifth Third Bancorp (NASDAQ:FITB) belongs to Financial sector. Its net profit margin is 37.90% and weekly performance is -3.36%. On last trading day company shares ended up $20.31. Fifth Third Bancorp (NASDAQ:FITB) distance from 50-day simple…
America Movil SAB de CV (ADR) (AMX) is in talks with Oi SA (NYSE:OIBR) to launch a joint bid for Telecom Italia SpA’s (ADR) (TI) Brazilian wireless unit.A formal deal between the two companies has not been reached yet but Banco BTG Pactual SA is facilitating the talks. Financial Times quoted a source close to…
Amazon.com, Inc. (NASDAQ:AMZN) announced on Monday that it had acquired the live streaming gaming website Twitch for $970 million in cash. The deal is one of the costliest for the online retailer and is expected to be closed by the end of this year. Amazon chief Jeff Bezos commented that his company and Twitch are…
