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Gold trading outlook: futures near two-week high on dollar weakness

March 23, 2015 8:18 am
Gold traded near the highest in two-weeks on Monday following three sessions of gains after the Federal Reserve reduced its overall evaluation of the U.S. economy. Comex gold for delivery in April was down 0.22% at $1 182.0 per troy ounce at 7:53 GMT, shifting in a daily range of $1 186.6 and $1 180.4. […] Read more

HTC share price steady, CEO Peter Chou steps down

March 20, 2015 12:51 pm
HTC Corp. announced on Friday that co-founder and chairwoman Cher Wang will take the leading role at the Taiwanese smartphone maker following three years of disappointing sales results. Effective immediately Peter Chou will step down from the helm to lead product innovation as head of HTC Future Development Lab, the company said in a statement. […] Read more

Tesla share price down, to launch online upgrades for Model S

March 20, 2015 10:41 am
Tesla Motors Chief Executive Elon Musk announced on Thursday that the electric car maker will launch a wave of online upgrades for its Model S vehicles. Mr. Musk said that the company will start delivering software updates to its vehicles over the internet within the next two weeks. The first round of upgrades would be […] Read more

Amazon share price up, receives approval for outdoor drone testing

March 20, 2015 9:23 am
Amazon.com Inc was granted a regulatory approval to test its flying drones outdoors, a step forward for the e-commerce giants ambition to start air deliveries. On Thursday the Federal Aviation Administration allowed Amazon to begin testing its drones in open spaces by granting it the “experimental airworthiness certificate”. The largest e-commerce company in the U.S. […] Read more

Gold trading outlook: futures extend Fed momentum

March 20, 2015 8:07 am
Gold edged up on Friday to trade near a two-week high as investors regained some confidence in the metal after the Federal Reserve indicated a slower pace of interest rate hikes. Comex gold for delivery in April was up 0.13% at $1 170.5 per troy ounce at 7:42 GMT, shifting in a daily range of […] Read more

Next share price down, projects lower sales growth

March 19, 2015 1:02 pm
Next Plc lowered its full-year sales guidance on Thursday after Britains second-largest clothing retailer posted a healthy increase in annual profit. The company projected its Next Brand to deliver sales growth of between 1.5% and 5.5% in the financial year ending January 2016, down from its December forecast of revenue growth in the range of […] Read more

Starbucks share price up, announces a two-for-one stock split

March 19, 2015 10:42 am
Starbucks Corp. plans to initiate its first stock split in nearly a decade on Wednesday after shares of the worlds largest coffee-house chain hit a record high last month. Over the past three years the value of the companys shares has increased more than 80% and the board decided its time for the sixth stock […] Read more

FedEx share price down, sees lower full-year earnings

March 19, 2015 9:18 am
FedEx Corps shares took a hit on Wednesday after the worlds largest cargo airline projected lower full-year earnings, despite a huge jump in third-quarter profit. The package delivery company reported a net income of $580 million, or $2.01 a share, for the three months ended February 28, up 53% compared to last years $378 million, […] Read more

Gold trading outlook: futures rise on Fed outcome

March 19, 2015 8:13 am
Gold edged up on Thursday to trade near its highest in nearly two weeks after the Federal Reserve outlined that interest rates in the worlds largest economy would grow slower than previously estimated. Comex gold for delivery in April was up 1.34% at $1 166.7 per troy ounce at 7:52 GMT, shifting in a daily […] Read more

Microsoft share price down, to launch Windows 10 this summer

March 18, 2015 12:22 pm
Microsoft Corp announced on Wednesday it will start distributing its latest operating system this summer as the technology giant teams up with top tier Chinese companies to fight widespread piracy in the country. During the Windows Hardware Engineering Community summit, Microsofts executive vice president Terry Myerson said that Windows 10 will launch in 190 countries […] Read more