Company Updates
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Dish Losses Satellite Service Subscriber but Sling TV Helps Offset the Losses

Dish Losses Satellite Service Subscriber but Sling TV  Helps Offset the LossesOn Monday, Dish Network said, in the third quarter the satellite TV Company lost about 23,000 subscribers, which is close to double its last year's number of 12, 000 subscriber losses.

The company headquartered in Englewood, Colorado could have faced a worse year if not for its newly added Sling TV service launched in February.

Fyffes Merger with Chiquita Brand Fails

Fyffes Merger with Chiquita Brand FailsOn Friday Cutrale-Safra was successful in its endeavour to woo the shareholders of Chiquita Brand International Inc. which led to the rejection of the deal that offered to acquire Fyffes, the major banana exporter of Europe.

The Chiquita and Fyffes merger could have created the largest banana company in the world. But the voting results of the shareholder of the US firm collapsed the plan.

SodaStream Misses Profit Expectations, CEO Calls for Change in Course

SodaStream Misses Profit Expectations, CEO Calls for Change in CourseAmericans are always looking for convenience as well as brand-recognition and under the present circumstances it does not seem that SodaStream is able to keep good competition with rivals Coca Cola and PepsiCo.

In a $112m deal Leighton buys out Indian partner

LeightonLeighton Holdings in an Indian construction venture for $US99 million ($111.8 million) has bought out its partner giving it full control of its Indian arm as urbanisation and infrastructure spending gathers speed over the next few years.

The company said in a statement to the ASX this morning, the transaction will be recognised in this financial year and will see Leighton's net profit after tax take a $70 million hit.

Sony sells music streaming service Gracenote to Tribune

GracenoteTribune Company has entered into an agreement with Sony Corporation of America to purchase Gracenote for $170 million. Gracenote is a service that matches and streams music across multiple devices.

According to a press release the sale should close before March 31.

Subway to open 40 shops across Ireland

 Subway to open 40 shops across IrelandSubway, the chain, famous for its 12-inch subs says they will create 400 jobs with the opening of 40 shops across Ireland.

This announcement was made by the sandwich maker at the opening of its branch in Douglas in Cork.

Subway currently operates 117 outlets countrywide.

The company has plans for a further 40 stores in Ireland in 2014.

New Investors For Blackberry

New Investors  For BlackberryThe struggling Smartphone maker BlackBerry is now being helped by a group of Canadian, American and Qatari investors to help finance Fairfax Financial Holding's planned $1 billion investment.

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