WL Ross & Co Seeks up to $2 Billion Funding
24 Oct
2014
By Financier.com Staff

WL Ross & Co Seeks up to $2 Billion Funding »

The American private equity firm WL Ross and Company are reportedly looking to raise between one and two billion dollars for their sixth private equity fund according to Bloomberg. The company plans to gather more than the $640 million it raised two years ago, although it will fall short of the $4 billion raised for [...]

Amazon’s Fire Smartphone: Top or Flop?
24 Oct
2014
By Financier.com Staff

Amazon’s Fire Smartphone: Top or Flop? »

Amazon recently unveiled its new smartphone called Fire, and it has been deemed a failure by Fortune writer JP Mangalindan who reports that the Fire smartphone has ‘failed to...

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The 5 Largest Companies by Revenue
24 Oct
2014
By Financier.com Staff

The 5 Largest Companies by Revenue »

There are at least 45,000 registered businesses in the world and only a few dozen of them are generating more than...

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Obama Administration Breaks Job Creation Record, Outlook Uncertain
24 Oct
2014
By Financier.com Staff

Obama Administration Breaks Job Creation Record, Outlook Uncertain »

The US Department of Labor of The United States recently reported a total of 2.04 million jobs...

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Europe’s Climate Affects Heineken Sales
23 Oct
2014
By Financier.com Staff

Europe’s Climate Affects Heineken Sales »

Heineken recently reported an unexpected drop in beer sales due to the wet weather in Europe according to the company’s CEO, Rene Hooft. Even though sales went up...

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Distilling Whiskey’s Risky Business
22 Oct
2014
By Financier.com Staff

Distilling Whiskey’s Risky Business »

Whiskey is currently the most popular drink in the world, accounting for 27% of the global spirits volume in 2013. The world consumed around 764 million gallons of whiskey in 2013 and consumption is expected to grow...

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3 Profitable Penny Stocks of 2014
22 Oct
2014
By Financier.com Staff

3 Profitable Penny Stocks of 2014 »

Some penny stocks have been quite profitable this year with up to 877% gains for GreenGro Technologies (OCT:GRNH), a provider of eco-friendly green technologies. GreenGro made its market debut at just...

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The Appeal of Ello, the Ad-Free Social Network
21 Oct
2014
By Financier.com Staff

The Appeal of Ello, the Ad-Free Social Network »

Ello is becoming increasingly popular with a reported 31,000-40,000 sign-ups per hour in the previous weeks. It's not too difficult to deduce that Ello's popularity is fueled mainly by the site's self-advertised lack of advertisements.

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Venture Capital Investment Drops for Q3 2014
17 Oct
2014
By Financier.com Staff

Venture Capital Investment Drops for Q3 2014 »

Venture capital investment has dropped 29% over the previous quarter with a sharp decrease in investments for tech companies. This year’s second quarter saw a total of 13.9 billion dollars invested in initial public offers, compared to this quarter’s 9.8 billion. In total, there are 18 IPOs backed by venture capitalists this quarter compared to [...]

Google’s Third Quarter: More Traffic, Less Revenue from Mobile Adverts
16 Oct
2014
By Financier.com Staff

Google’s Third Quarter: More Traffic, Less Revenue from Mobile Adverts »

Google's advertising rates recovered slightly by 20% year-to-year. Google (NASDAQ:GOOG) reported a 20% increase in revenues of up to $16.52 billion for Q3 2014, versus $13.75 billion for last year's period. GAAP earnings per share totaled $4.09 on 678 million diluted shares outstanding, a 6.7% earnings decrease for shareholders.

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