The Strategist
Companies & CEOs

Nissan to gain control over Mitsubishi Motors for $ 2.2 billion - 05/12/2016

Nissan Motors buys 34% stake in Mitsubishi Motors for $ 2.2 billion, or ¥ 237 billion. "Purchase of such a large package will make Nissan the largest shareholder of Mitsubishi, - said Carlos Ghosn, President and CEO of Renault and Nissan. – The companies that have collaborated for the last five years, will continue to cooperate in the development of joint platforms, technology exchange and joint...

Maersk is ready to become profitable at $30 for oil barrel - 05/10/2016

Almost a year ago, oil rebounded strongly after the fall at the beginning of 2015 summer. Within three months, it was trading at around $ 60. US then resumed production once again, which ended with falling to 13-year lows in February. At this point, there was a rebound, comparable to last year's level. Experts reassured that further fall in prices would not happen. However, unlike last year,...

As Tesla's losses are growing, the company is triumphing - 05/05/2016

Last night, the world's largest producer of electric cars Tesla Motors released its report for the first quarter. The company’s losses compared to the first quarter of last year rose to $ 282 million, but fell short of analysts' forecasts. At the time, the revenue increased by almost 20% and the number of orders for new models has accelerated markedly. Tesla’s quotations after the report’s...

ASUS leads the gaming laptop market - 05/05/2016

Taiwanese manufacturer of computers and accessories - ASUSTeK Computer – came up to be the leader in the gaming laptop market. According to insiders, ASUS has sold about 90 thousand gaming laptop in February 2016, which is twice more than that figure of the company’s closest pursuer Chinese Lenovo. The latter managed to encash 40 thousand laptops of this class for the specified period. The...

Top 10 world's oil companies - 05/05/2016

Boston Consulting Group has a tradition to publish annual rankings of best companies in terms of added value based on the total shareholder return (TSR) for the preceding five-year period. The 2016 rating is based on the TSR analysis of about 2 thousand companies around the world from 2011 to 2015. TSR shows income in the form of increase in share price and dividend payments for a certain...

Johnson & Johnson to pay $ 55 million to a cancer patient - 05/03/2016

US court has ordered Johnson & Johnson to pay $ 55 million to a woman with ovarian cancer. She states that she suffered from the use of the company's products. In the US, the jury compelled Johnson & Johnson to reimburse $ 55 million to a woman. She claimed that use of the company’s talc caused ovarian cancer.  The court in Missouri took such a decision after a three-week trial....

McDonald's opened its restaurant in one of the most dangerous cities in the world - 05/02/2016

Fast food restaurants chain McDonald's has opened the first joint in the Pakistani city of Quetta, which has a population known for its sympathy for the terrorist group "Taliban". The restaurant’s menu is Halal. Dishes such as McMuffin (sandwich with egg and cutlet) are still present, but the recipe uses chicken instead pork meat. On average, a set, which includes a McArabia hamburger (sandwich...

Abbott Laboratories to buy St. Jude Medical - 04/29/2016

On Thursday it became known that the American pharmaceutical company Abbott Laboratories is going to buy manufacturer of medical devices St. Jude Medical for $ 25 billion. The transaction will create one of the world’s leaders in the market of devices for the diagnosis and treatment of diseases of the cardiovascular system. Also today, the French Sanofi made a bid for $ 9.3 billion to the...

The world's largest pension fund lost $ 10 billion - 04/28/2016

Pension Fund of Norway showed a negative return for the third time this year, having lost $ 10 billion in the first quarter. Taking into account the krone’s fall and the authorities’ intervention, fund has lost almost $ 50 billion. The world's largest sovereign wealth fund - the Norwegian Government Pension Fund - returned to the damages in the first quarter of 2016 – this follows from the...

French Total and Norwegian Statoil adapted to low oil prices - 04/27/2016

Today, two major European oil and gas companies - France's Total and Norway's Statoil - reported their first quarter results. They occurred much better than analysts' forecasts. Observers note that the companies were able to adapt to the low oil prices by reducing costs and increasing operational efficiency. Statoil’s statement showed that net income was $ 122 million, while analysts surveyed by...
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