General Mills attribute Revenue Fall to stronger dollar

general mills  

General Mills Inc. revealed that their February profits decrease by 16%. The revenue fell because of the restructuring-related charges as well as a stronger U.S. dollar. Other food companies got affected. However, shares rose 1.9% to $53.05 in recent premarket trading as earnings excluding one-time items beat expectations. Several major …

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Astronauts on ISS to carry smart glasses: NASA

smart glass  

NASA announced its astronauts on the ISS space station will in near future be equipped with smart glasses that have been designed by Osterhout Design Group (ODG). The ODG has been awarded a contract by NASA to provide the space agency’s astronauts with electronic, smart glasses. The glasses will be …

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FedEx sees Surge in Earnings because of shipping giants’ move


FedEx Corp: Courier delivery services company, Said that around 53% increase in earnings was achieved during the holidays. The increased is the result of lower fuel costs, milder weather and shipping giant’s recent restructuring moves. FedEx shares, up 27% over the past year, slid 1% in premarket trading as the company’s February …

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Microsoft releasing Windows 10 OS this summer


Microsoft will be releasing its much awaited Windows 10 much earlier than expected. The new operating system is revealed to be coming up this summer. The software will be available in 190 countries and in 111 languages. Microsoft had already announced that Windows 10 would be a free upgrade to …

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Kraft recalls Macaroni & Cheese, Customers find metal pieces


Kraft Foods Group Inc. withdraws more than 6.5 million boxes of its macaroni and cheese following the customers report. Apparently, some customers found some small metal pieces in the product. Kraft was contacted by eight customers about the situation, though no injuries have been reported, the Northfield, Illinois- based company …

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