Corporate

Comcast buys DreamWorks for $ 3.8 billion

Comcast buys DreamWorks Animation to $ 41 per share in a deal a total value of $ 3.8 billion (3.35 billion euro at current exchange rates). This was stated by NBCUniversal, which is owned by Comcast, in a statement.

The transaction, which will bring the change of ownership for the company co-founded by Steven Spielberg, is expected to close later this year. For Comcast, the largest cable television provider in the United States and the control of NBC networks, the expectation is to get stronger in the film industry and to gain market share in China, where the film industry is growing rapidly.

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Facebook: Quarterly above expectations

Facebook closed the first quarter with a profit of 77 cents per share, above expectations of analysts betting on 63 cent. Revenues totaled 5.38 billion dollars, above the 5.27 billion dollars expected by the market. The results above expectations push the titles in after hours trading, where do you gain more than 8%.

"We had a good start of the year," says the CEO of Facebook, Mark Zuckerberg, noting that the focus is not on "what Facebook is today, but on what can be and what needs to be for the community. " The social network has closed the first quarter with a net profit doubled to 1.51 billion dollars, compared with 512 million the same period last year. Revenues were up 52%, driven primarily by advertising on mobile devices. Revenues from mobile advertising have represented 82% of the first quarter advertising revenue. According to estimates of the company eMarketer, Facebook will win 12% of the global market from 186.81 billion dollars of digital advertising, an increase compared to 10.7% in 2015.

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Colgate-Palmolive, first quarter 2016 profits slightly down

Colgate-Palmolive has closed the first quarter with a profit of $ 533 million, or 59 cents per share, down slightly from 542 million, or 59 cents per share for the same period last year. Eliminating from the accounts by non-ordinary items the profit amounted to 63 cents per share, centering the expectations of employees to lavori.In decline, by 7.5%, revenues to 3.76 billion dollars, slightly better than the 3 , 75 billion expected by analysts.

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MasterCard first quarter performance beats analysts’ expectations

MasterCard, operator of the world’s second-largest payments network, ended last quarter with a profit of 959 million dollars, or 86 cents per share, down from 1.02 billion, or 89 cents per share, in the same period the previous year.

Analysts’ expectations have been exceeded, which included earnings per share of 85 centesimi.I income rose to 2.45 billion dollars from 2.23 billion 12 months earlier and exceeding expectations of $ 2.38 billion.

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Nokia acquired the French startup Withings

After three years away from selling phones business, which was sold to Microsoft, Nokia returns to the consumer market. Yesterday, the Finnish company has announced the acquisition for 191 million dollars, about 170 million euro in cash, the French company Withings, a startup specializing in the production of devices for monitoring body parameters. The transaction should be completed after the summer, after obtaining the approval of regulators.

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iPhone sales down for the first time in history

For the first time in Apple’s history it stops with iPhone sales. The American company has closed the second quarter of the fiscal year with a net profit down 22% to $ 10.5 billion, or $ 1.90 per share, below analysts’ expectations, betting on $ 2 per share. Revenues were down 13% to 50.6 billion dollars. The results below expectations weighed in after hours trading, where the title came to lose 8%.

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Nestlé and R & R give life to Froneri, new giant frozen foods

Nestle, the world’s biggest food company, will create a joint venture in the ice cream industry with R & R, a leader in the freezer products in the UK.

Froneri, the name of the new company co-owned by the two companies, will be located across the Channel and will be present in over 20 countries, including Europe, the Middle East, Argentina, Australia, Brazil, the Philippines and South Africa, employing 15,000 people. Nestlé has indicated in a statement today indicating that sales would be expected of 2.7 billion francs.

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