Deutsche Telekom shares were trading lower, Friday. The telecoms business confirmed it had entered an agreement to buy Liberty Global’s Austrian cable business, UPC Austria, for €1.9 billion.
News of the deal comes soon after Deutsche Bank analysts set a price target of €18.60 on the stock.
read »4 weeks ago
Google shares ended the US Thursday trading session a little lower, as the tech giant announced its executive chairman, Eric Schmidt, will step down in January. Schmidt will retain a role as technical advisor to Alphabet, the listed holding company which Google is part of. read »4 weeks ago
Apple shares opened higher Thursday in the US, following news Morgan Stanley considers the stock one of its top picks for 2018. The global tech giant is also in the headlines after it confirmed it deliberately slows down some of its iPhone models, as they get older. read »4 weeks ago
YouTube has reached an agreement with Universal Music Group, underscoring the online video site’s commitment to the music management industry. Google shares closed lower Tuesday but are set to open in the green Wednesday. Google is YouTube’s parent company. read »4 weeks ago
Facebook shares ended the US Monday trading session higher amid, a mixed bag of news. On a positive note, JP Morgan tech stock analyst Doug Anmuth raised his price target on the tech firm. Less welcome, was the French allegation of a breach of data protection laws. read »4 weeks ago
Amazon shares ended the US trading day higher Monday as JP Morgan raised its price target on the tech giant. The move higher and positive analyst action, comes despite a number of recent issues, including legal action from France and an €100 million back tax payment to Italy. read »4 weeks ago
Thales shares are trading higher early Monday, following news over the weekend that it’s surprise bid for Dutch cybersecurity business Gemalto. The deal comes soon after Gemalto rejected a bid from French digital business Atos. read »5 weeks ago
Tencent shares moved higher Monday, following news the company was investing in an online retailer, Vipshop. The move comes just days after China’s largest internet business announced it was purchasing a stake in Yonghui Superstores. read »5 weeks ago
The Luxembourg finance ministry has today challenged the European Commission’s ruling that Luxembourg should recover around €250 million in back takes from Amazon. Amazon shares closed higher Thursday and are poised to move further into the green, Friday. read »last month
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