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“We are no longer looking at fixing things, we are now focused on growing things,” Chief Executive Officer Frank Gibeau told Reuters. Mobile contributed nearly 93 percent to Zynga’s bookings of $267 million, well above analysts’ estimates of $259.3 million, according to IBES data from Refinitiv. The company said it expects first-quarter bookings of $325 million, while analysts were expecting $301.4 million how to wear chain cufflinks. Bookings are an important measure of future revenue for companies such as Zynga, which sell virtual goods such as lives and currency as part of its smartphone gaming apps..
BRUSSELS/ZURICH (Reuters) – Siemens and Alstom’s plan to create a European rail champion collapsed on Wednesday after EU regulators blocked the deal, prompting Germany and France to call for an overhaul of EU competition policy to better meet global challenges how to wear chain cufflinks. The European Commission also rejected a bid by German copper company Wieland-Werke AG to buy a business unit from Aurubis, Europe’s biggest copper smelter, similarly arguing the deal could have pushed up prices for consumers. The two vetoes are likely to spur efforts by France and Germany to loosen EU competition rules so as to take a more global than solely European view of mergers and potentially to allow EU ministers to have a say..
Shortly after the Commission’s announcements, German economy minister Peter Altmaier said Berlin and Paris were working on a proposal to change European competition rules to facilitate large cross-border mergers. France’s Alstom said the veto was a clear set-back for industry in Europe, while Joe Kaeser, the chief executive of Germany’s Siemens, said Europe urgently needed to reform its industrial policy to help its companies compete how to wear chain cufflinks. “Protecting customer interests locally must not mean that Europe cannot be on a level playing field with leading nations like China, the United States and others,” Kaeser said in a statement..
Proponents of the bloc’s strict merger regime, however, argue such changes could lead to opaque and unpredictable rules. The Commission has approved over 3,000 mergers in the past 10 years and blocked only nine, including those on Wednesday. EU Competition Commissioner Margrethe Vestager dismissed Siemens and Alstom’s argument about merging to compete with their bigger Chinese state-owned rival CRRC in the European market. “We don’t see the Chinese coming. The Chinese are nowhere, not at all in Europe,” she told a news conference how to wear chain cufflinks.
Shares in Siemens were little changed by the announcement, which was widely expected. However, Alstom stock gained more than 4 percent. Broker Berenberg said the market had been overly focused on the potential benefits of the rail merger, and ignoring that Alstom’s earnings could double by 2025. Alstom Chief Executive Henri Poupart-Lafarge told reporters the company was looking into new avenues for expansion, saying future growth would be “more organic”. (Graphic: Alstom and Siemens shares – tmsnrt.rs/2I3mEHg) how to wear chain cufflinks.