Company News

Qualcomm Facing Tough Competition and Delay in China but Still Optimistic

Qualcomm Facing Tough Competition and Delay in China but Still OptimisticSan Diego, California based Qualcomm Inc, forecasted first-quarter profits that did not meet the expectation of the analysts. The chip making company is struggling to keep up with strong competition from rivals in China and Taiwan. The company is also struggling with delays in closing licensing agreements in China.

New York Times on the Look Out for Arthur Sulzberger’s Successor

New York Times on the Look Out for Arthur Sulzberger’s SuccessorThe process of looking for a suitable successor for New York Times Co. chairman and publisher's post has already started. Arthur Sulzberger Jr., said that The Times plans to name its new deputy publisher in the coming couple of years who would finally take up his role.

GameStop Revenue and Profit Surpass Expectations Owing to Strong Sales of “Mortal Kombat X” and “Evolve

GameStop Revenue and Profit Surpass Expectations Owing to Strong Sales of “Mortal Kombat X” and “EvolveIn the first quarter, GameStop Corp, which is the largest video game products retailer in the world reported revenue and profit, which surpassed the expectation of analysts. The boost in revenue was mainly helped by higher sales of "Mortal Kombat X" and "Evolve", newly released games and also a boost in downloads of mobile games.

Protesters Gather in Front of Nestle Water Bottling Plant in South Sacramento Trying to Stall Operations

Protesters Gather in Front of Nestle Water Bottling Plant in South Sacramento Trying to Stall OperationsCalifornia is struggling with its water situation as it goes through the fourth year of distressing drought which has affected the farmers badly, many of whom have been forced not to plant crops in their fields. That's not all communities who rely on water from wells have no or little to water to drink.

P&G Plan to Revamp Its Brand Portfolio Significantly

P&G Plan to Revamp Its Brand Portfolio SignificantlyLast year, A. G. Lafley, Procter & Gamble's CEO had announced that the consumer goods and personal care products company planned to revamp the brand portfolio majorly. Recently it was noted that P&G plans spin off or sell off about one hundred of its brands by the summer this year.

SAP Reveals a Major Software Overhaul

SAP Reveals a Major Software OverhaulSAP, the largest software company of Europe has launched a very high-stake services in about two decades, in a bid to revamp its core software line. It aims to persuade its corporate multinational customers that the new software can run their most important applications to foretell business conditions.

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