Fever-Tree Founders Sold £18 Million of Shares Due to Demands From Investors

Fever-Tree founders have reportedly sold their shares worth £18 million in total as a result of demands by investors. However, they claim to still be sticking with the business and still have the majority of their shares.

Read Full Article

Admiral's Chief Henry Engelhardt To Give £1,000 Bonus To All Employees Before Retiring in May

Car insurer Admiral’s chief has decided to award every employee in his company £1,000 before he retires in May. Admiral has been seeing constant growth since 2011 and is now valued £5 billion under Mr Engelhardt’s leadership.

Read Full Article

Blackstone profit falls 70%: hits on challenging volatile markets

Blackstone’s fourth quarter profit drops on volatility. the fourth quarter profit fell to 70 percent. This occured because the asset sales slowed and whipsawing markets took a toll across its business.

Read Full Article

China's rate-cut likely to hurt banks, curb new loans to small borrowers

China's latest interest rate cut is set to dent the profitability of domestic lenders, especially mid-sized banks, which are already suffering from higher bad loans and a slowdown in profit growth.

Read Full Article

Increased litigation costs led to decline in bank profits in Q3 - FDIC report

The Federal Deposit Insurance Corp reported that the increased litigation cost at one unnamed institution was the primary reason why FDIC-insured banks and savings institutions posted decreased profits in the third quarter this year.

Read Full Article

Sale of healthcare unit boosts Sime Darby profits

Malaysian palm oil producer Sime Darby said the sale of its healthcare unit boosted fourth quarter profits.

Read Full Article

Stock prices of Google will keep on rising

Google's ways of dealing with its problems could be the key for its stock prices to keep on increasing.

Read Full Article

Sonic's Q2 profits drop due to debt retirement; sales increase

Sonic Automotive's Q2 profits dropped because of debt retirement charges, while its sales increased.

Read Full Article

NFL suspends Denver Broncos' linebacker

Von Miller disregarded NFL's rule on the use of illegal drugs which resulted to a four-game suspension.

Read Full Article

Selena Gomez turns 21, makes hit video with friends

American singer and actress, Selena Gomez, celebrated herself by making a video called Birthday with her friends.

Read Full Article

Lockheed Martin presents new global unit

Lockheed Martin launched an international arm that will be led by Patrick Dewar, corporate strategy and firm development executive.

Read Full Article

HP Promises Undisturbed Innovative Measures Despite Plummeting Profit

HP has said that it has smooth innovations even though it saw decline it is profits.

Read Full Article

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics