Amazon.com Inc said on Thursday it will offer limited free same-day delivery under its Prime shipping service as retailers try to outdo each other on delivery deals, and expanded the service to San Diego and the Tampa Bay Area. Amazon offers same-day delivery to Prime members for $5.99 per order and non-members for $8.99, plus 99 cents per unit. “We know same-day delivery volumes will grow dramatically now that we
Avago, a maker of chips for the wireless and industrial markets, is offering Broadcom shareholders $17 billion in cash and Avago shares valued at $20 billion in one of the biggest deals ever in the chip industry. The deal represents a premium of about 28 percent, according to Reuters calculations based on Broadcom’s market value of $28.85 billion as of Tuesday’s close, the day before the Wall Street Journal reported
Saudi Arabia’s Kingdom Holding, the investment firm owned by billionaire Prince Alwaleed bin Talal, has no plans to invest in Snapchat, a source familiar with the matter told Reuters on Thursday. The meeting, in which Snapchat Chief Executive Evan Spiegel and chief strategy officer Imran Khan were present, triggered speculation that Alwaleed may take part in Snapchat’s new funding round that has already seen Alibaba Group Holding invest $200 million
China’s Huawei Technologies [HWT.UL], the world’s No. 2 telecom equipment maker, expects total shipments of smartphones in southeast Asia to rise 160 percent to 8 million units in 2015, boosted by strong demand in Myanmar, it said on Thursday. In the first quarter, Huawei posted a 120 percent increase in smartphone shipments in the region, one of the most promising markets in the world, Thomas Liu, President for Huawei’s southeast
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Those hoping for a bit of oil price stability after the past few months’ volatility may be disappointed.
Those hoping for a bit of oil price stability after the past few months’ volatility may be disappointed.
Stocks have held up well despite stalled corporate earnings this year. Are investors ignoring one of the most important drivers of long-term stock performance, or is the market pricing in a return to profit growth soon?
Stocks have held up well despite stalled corporate earnings this year. Are investors ignoring one of the most important drivers of long-term stock performance, or is the market pricing in a return to profit growth soon?