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  • strict warning: Non-static method view::load() should not be called statically in /home1/finfacts/public_html/sites/all/modules/views/views.module on line 879.
  • strict warning: Declaration of views_handler_argument::init() should be compatible with views_handler::init(&$view, $options) in /home1/finfacts/public_html/sites/all/modules/views/handlers/ on line 745.
  • strict warning: Declaration of views_handler_filter::options_validate() should be compatible with views_handler::options_validate($form, &$form_state) in /home1/finfacts/public_html/sites/all/modules/views/handlers/ on line 589.
  • strict warning: Declaration of views_handler_filter::options_submit() should be compatible with views_handler::options_submit($form, &$form_state) in /home1/finfacts/public_html/sites/all/modules/views/handlers/ on line 589.
  • strict warning: Declaration of views_handler_filter_node_status::operator_form() should be compatible with views_handler_filter::operator_form(&$form, &$form_state) in /home1/finfacts/public_html/sites/all/modules/views/modules/node/ on line 14.
  • strict warning: Declaration of date_api_filter_handler::value_validate() should be compatible with views_handler_filter::value_validate($form, &$form_state) in /home1/finfacts/public_html/sites/all/modules/date/includes/ on line 578.
  • strict warning: Non-static method view::load() should not be called statically in /home1/finfacts/public_html/sites/all/modules/views/views.module on line 879.
  • strict warning: Declaration of uc_product_handler_field_price::options() should be compatible with views_object::options() in /home1/finfacts/public_html/sites/all/modules/ubercart/uc_product/views/ on line 94.
  • strict warning: Declaration of uc_product_handler_field_weight::options() should be compatible with views_object::options() in /home1/finfacts/public_html/sites/all/modules/ubercart/uc_product/views/ on line 61.
  • strict warning: Declaration of views_handler_field_user::init() should be compatible with views_handler_field::init(&$view, $options) in /home1/finfacts/public_html/sites/all/modules/views/modules/user/ on line 48.
  • strict warning: Declaration of semanticviews_plugin_style_default::options() should be compatible with views_object::options() in /home1/finfacts/public_html/sites/all/modules/semanticviews/ on line 232.
  • strict warning: Declaration of views_plugin_row::options_validate() should be compatible with views_plugin::options_validate(&$form, &$form_state) in /home1/finfacts/public_html/sites/all/modules/views/plugins/ on line 135.
  • strict warning: Declaration of views_plugin_row::options_submit() should be compatible with views_plugin::options_submit(&$form, &$form_state) in /home1/finfacts/public_html/sites/all/modules/views/plugins/ on line 135.
  • strict warning: Non-static method view::load() should not be called statically in /home1/finfacts/public_html/sites/all/modules/views/views.module on line 879.
  • warning: Creating default object from empty value in /home1/finfacts/public_html/sites/all/modules/views/includes/ on line 653.
  • strict warning: Declaration of views_plugin_style_default::options() should be compatible with views_object::options() in /home1/finfacts/public_html/sites/all/modules/views/plugins/ on line 25.
  • strict warning: Non-static method view::load() should not be called statically in /home1/finfacts/public_html/sites/all/modules/views/views.module on line 879.
  • strict warning: Non-static method view::load() should not be called statically in /home1/finfacts/public_html/sites/all/modules/views/views.module on line 879.
Key Company News

Key Company News

(January 2014) Google has used only $3.2bn of its $57bn cash hoard to buy Nest, a startup founded by a creator of the iPod at Apple, that makes smart thermostats and smoke-alarm systems for houses and apartments.
(January 2014) Prospects across a range of industries for 2014 are more positive than in previous years. The biggest change for most is that Europe finally appears to be in recovery mode. Developing market growth, however, is moderating as the boom of recent years recedes and pent-up demand tails off. Nonetheless, there are growth opportunities to be found in many parts of the globe, for both local and foreign investors. Six key industries examined are: Automotive, Consumer Goods and Retail, Energy, Financial Services, Healthcare and Telecommunications.
(January 2014) Last November, Volkswagen (VW), Europe's biggest car maker, announced a 5-year plan to spend €84.2bn ($114bn) on upgrading technologies, modernising plants and developing new car models. The company's supervisory board approved the 2014-2018 investment plan, which is aimed at making the German car maker the world's leading manufacturer by 2018, overtaking current top-seller Toyota and runner-up General Motors. VW’s 2013 deliveries in China, the world's biggest car market, announced last week, rose 16% to 3.27m vehicles, exceeding those of Detroit-based General Motors (GM), whose sales climbed 11% to 3.16m units in China. Meanwhile, VW's global sales last year, excluding the MAN and Scania heavy truck brands, gained 4.8% to 9.5m vehicles despite a sales rise in Western Europe ex-Germany of only 0.1% and a decline in the home market of 1.4%.
(January 2014) The annual Consumer Electronics Show opened in Las Vegas on Tuesday and Bloomberg News noted that while it's as much a place to drum up hype for new gadgets as it is an annual celebration of all things tech, the trade group that puts on the oversized convention kind of killed the mood at one of its opening ceremonies. Steve Koenig, the director of industry analysis at the Consumer Electronics Association, presented research showing that global spending on technology by consumers will drop this year to $1.06tn, a fall of about $13bn from last year. The newswire said that considering global tech spending grew 3% from 2012 to 2013, to $1.07tn, the industry has good reason to drink extra hard in Vegas this week.
(January 2014) John Authers of The Financial Times reported last week that a rigorous statistical study by a group of academics at Warwick Business School has now shown that the Financial Times regularly move the markets that are written about. The same researchers have been following investors’ behaviour on the internet, particularly on Google and Wikipedia, to gauge how people go about making decisions and whether this predicts market behaviour. The findings were clear-cut. Increased visits to the Wikipedia page about a company were associated with subsequent falls in price. And search activity on Google was powerful as a gauge of sentiment.
(January 2014) Sixty-five percent of US startups fail because of "people problems" - - interpersonal tensions between the founding team, hires and investors. High profile firms that succeeded despite founder clashes are Microsoft, Facebook and Twitter - - none of the 3 founders has an operational role at the micro blogging company.
(December 2013) Adrian Wooldridge, management editor and Schumpeter columnist, The Economist, wrote last month that even though Mark Zuckerberg owns 29.3% of Facebook and Larry Ellison owns 24% of Oracle compared with the largest single investor in Exxon Mobil who controls only 0.04% of the stock, the geeks have turned out to be some of the most ruthless capitalists around. A few years ago the new economy was a wide-open frontier. Today it is dominated by a handful of tightly held oligopolies. Google and Apple provide over 90% of the operating systems for smartphones. Facebook counts more than half of North Americans and Europeans as its customers. The lords of cyberspace have done everything possible to reduce their earthly costs. They employ remarkably few people: with a market cap of $290bn Google is about six times bigger than GM but employs only around a fifth as many workers. At the same time the tech tycoons have displayed a banker-like enthusiasm for hoovering up public subsidies and then avoiding taxes. The American government laid the foundations of the tech revolution by investing heavily in the creation of everything from the internet to digital personal assistants. But tech giants have structured their businesses so that they give as little back as possible.
(December 2013) China has said it would agree to open more of its vast government market to foreign firms as part of a decade long bid to join a global pact on government purchases, which could ultimately benefit Chinese companies too. Meanwhile, Apple said this week that it plans to start offering the iPhone on China Mobile's network starting Jan. 17 - - China Mobile, the world's largest wireless carrier, will start accepting preregistration orders for the iPhone 5S and iPhone 5C on Wednesday, Apple said. However while China recently pledged to relax market-entry requirements for foreign companies in sectors from finance and medical care to education, it is also ramping up investigations of foreign companies.
(December 2013) Executives and data scientists discuss how to generate real value from Big Data, and the importance of business leaders developing a vision of how Big Data is used in their organisations.
(December 2013) As blockbuster drugs (defined as having a minimum $1bn in annual sales) lose patent protection with Eli Lilly's antidepressant drug Cymbalta, that had more than $4.2bn in sales at 18% year-over-year growth through 2013's first nine months, losing patent protection this month, new drugs are struggling to match the past performance of the former stars. Pfizer's Lipitor anti-cholesterol drug has the all time record sales performance of $141bn in the period 1996-2012, almost double that of the next in the rankings: Bristol-Myers Squibb Bristol-Myers Squibb and Sanofi Sanofi‘s Plavix. Between 2013 and 2018, $230bn of worldwide drug sales will be at potential risk from generic erosion following patent expiries. However, only $114bn of this amount is actually forecast to be lost. One reason for this divergence is the growing contribution of biological products to overall worldwide sales: in 2018, around 50% of sales in the top 100 products are expected to be generated by biological products.