Posts tagged "Wall Street Journal"
Grupo Modela Shares Rise
MEXICO CITY- Shares of Grupo Modelo rose on Tuesday after the company confirmed that that have held talks with Anheuser-Busch InBev regarding a possible expansion. This was after The Wall Street Journal reported that the Belgian firm planned to buy the 50% of the shares. Stocks of the brewery closed with a gain of...
Is Facebook as Big as It Claims to Be?
The Facebook IPO scheduled for this week generated a wave of euphoria on Wall Street. But the enthusiasm did not always translate into money carts for investors. Facebook is listed on the midpoint of the estimated range of $28 to $35 a share, starting with a market capitalization of about $86 billion dollars. That equates to...
New iPhone to Have Bigger Screen
Apple has asked its suppliers to have larger screens for the next generation of the iPhone, which is expected to be released later this year, says the Wall Street Journal. The newspaper notes that the production of the larger displays begins next month. The displays will be at least four inches measured diagonally, compared...
