Activision sales plunge as Call of Duty demand drops off April 25, 2022 Sales at US game developer Activision Blizzard slumped below analysts’ estimates in the first quarter of the year as demand for its flagship Call of Duty series faltered.
French satellite company Eutelsat poised to snap up British rival OneWeb July 24, 2022 French satellite company Eutelsat is poised to buy British rival OneWeb in a deal which will see the UK brought together with French and Chinese governments as common shareholders.
Microsoft becomes shareholder in the London Stock Exchange Group December 12, 2022 Microsoft snapped up a stake in the London Stock Exchange Group this morning, as big tech continues to disrupt the world of trading. As part of the deal, Microsoft will buy a four per cent stake in the exchange worth about £1.5bn from Blackstone, Thomson Reuters, Canada Pension Plan Investment Board and Singapore’s sovereign wealth [...]
Reuters raises 2021 revenue forecast once again November 2, 2021 Thomson Reuters Corp raised its 2021 revenue forecast for the third time this year as the news and information company benefits from a recovering global economy.
Booming chip demand sees Samsung’s earnings jump 50 per cent April 7, 2022 Samsung Electronics posted an estimated 50 per cent jump in quarterly operating earnings this morning following strong demand for its products.
Monopoly maker Hasbro beats revenue bets thanks to TV production bounce back February 7, 2022 Monopoly maker Hasbro defied analysts' estimates for quarterly revenue this morning, bolstered by a rebound in the toymaker's television production business and demand for its collectible card game "Magic: The Gathering".
US investors get the jitters as global market confidence plummets July 27, 2022 Investor confidence has plunged this month as rampant inflation and global political uncertainty continues to batter public markets, according to a survey of investor sentiment today.
Visa hails return of travel as revenues fly to £6bn July 27, 2022 Bosses at payments giant Visa hailed the return of travel yesterday as a rebound in summer holidays helped push revenues up 19 per cent in the third quarter of the year.
Snap shares skyrocket 30 per cent as it records user boom February 3, 2022 Snap reported better-than-expected fourth quarter revenue and user growth today, and provided a first quarter outlook that surpassed analyst estimates, sending its shares up 30 per cent in trading after the bell. The results indicate Snap has avoided additional damage from Apple’s privacy changes, which were introduced last year and allow users to prevent apps [...]
Goldman Sachs and JPMorgan to raise investment banker bonuses after deal-making frenzy December 15, 2021 JPMorgan Chase & Co and Goldman Sachs may reward investment bankers by increasing bonus pools by as much as 50 per cent, following a boom in deal-making this year. Following recent meetings to discuss and set pay for the year JPMorgan is considering upping the bonus pool by 40 per cent while Goldman Sachs is mulling [...]