Company News

Samsung Continues to Retain Mobile Chief in His Position In Spite of a Drop in Profits

Samsung Continues to Retain Mobile Chief in His Position In Spite of a Drop in ProfitsOn Monday, South Korean company Samsung Group maintained the existing top executives at their present positions as a part of an annual reshuffle.

Jacobs Engineering Group’s CEO Retiring in December

Jacobs Engineering Group’s CEO Retiring in DecemberCraig L. Martin, due to health reasons will be retiring from the post of CEO and President of Jacobs Engineering Group Inc.

Martin has worked with Jacobs since 1994. He became the company's CEO in 2006 and will be stepping down on December 26, 2014.

‘Just Mayo’ in Trouble for its Name

‘Just Mayo’ in Trouble for its NameTo whip the perfect mayonnaise you have to put in some eggs in the mix, and that is exactly what has resulted in a lawsuit against a company that has named its vegan spread as 'Just Mayo'.

Sluggish Physical Demand, Strengthening Dollar Results in Drop of Gold Prices

Sluggish Physical Demand, Strengthening Dollar Results in Drop of Gold PricesOn Tuesday, the precious metal gold maintained a gloomy outlook which is the lowest in nearly four years. The slowing down of demand in the Chinese markets and the strengthening dollar and the U. S. economy along with the slackening physical buying spree all added to further declines.

Herbalife’s Sales Figure Drop Due to Altered Policies

Herbalife’s Sales Figure Drop Due to Altered PoliciesThe sales figure of Herbalife Ltd. changed for the worse since the nutrition company altered some of its policies for the distributors in a move to correct the measures for which it faced severe criticism from Bill Ackman the hedge- fund manager. The Los Angeles based company makes weight-loss shakes and nutritional supplements.

GoPro Forecast a Strong Sales Figure for the Holiday Season Quarter

GoPro Forecast a Strong Sales Figure for the Holiday Season QuarterThe California-based company camera company, GoPro Inc. has forecast better-than-expected sales in the forthcoming holiday quarter. It is all a result of the growing popularity of its gadgets like the wearable cameras among the people who like action such as surfers and skydivers.

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