May 21, 2020 2:22 pm
Following Best Buy’s report about results for the first quarter of the fiscal 2020, the company’s shares dropped 2% in premarket trading Thursday. Despite the 155% increase in online sales in the U.S., consumer electronics sales plummeted by more than 15%. At the beginning of the pandemic, Best Buy experienced a jump in sales since […]
Read moreMay 21, 2020 8:35 am
While Germany stocks closed higher on Wednesday, one of the worst performers was CTS Eventim AG as its shares were down 7.07% to 34.720. Due to the numerous events that were postponed as a result of the coronavirus pandemic, the earnings and revenue of the company were significantly lower compared to the results of the […]
Read moreMay 20, 2020 11:20 am
Marks & Spencer Group PLC reported lower revenue for the fiscal year 2020 due to the cash burn associated with the measures the company took to deal with the coronavirus pandemic. The company had a pretax profit of ₤67.2 million ($82.2 million) at the end of March 2020, which is significantly lower compared to the […]
Read moreMay 19, 2020 1:48 pm
Expedia Group Inc’s stock jumped 20% in Monday trading, marking the company’s biggest percentage gain in a single day ever since July 27, 2012. Unfortunately, this climb lasted only a day since, on Tuesday, the company’s stock dropped more than 2% in premarket trading. The Jefferies analyst, Brent Thill, has decided to change his ratings […]
Read moreSeptember 6, 2013 1:32 pm
Gold surged to session highs after trading lower throughout the day as offcial data showed the U.S. economy created less jobs than expected in August, which could delay the Fed decelrating its monetary easing program. The unemployment rate fell to the lowest since December 2008 as less people looked for work. On the Comex division […]
Read moreAugust 15, 2013 4:38 pm
Gold fell to a session low in the late European session, followed by a rebound during American trading after a day of controversial U.S. economic data, which left investors ambivalent about their expectations for the future of Feds monetary easing program. On the Comex division of the New York Mercantile Exchange, gold futures for December […]
Read moreJune 17, 2013 3:29 pm
Company Name Pfizer Inc. Stock Exchange NY Stock Exchange (PFE) Listings London PFZ Euro Listings Swiss Industry Pharmaceuticals Sector Health Care Founder(s) Charles Pfizer Charles Erhart Founded 1849 Headquarters New York CEO Ian Reed Employees 91000 Revenue 58.98B EBITDA 25.34B Subsidiaries Agouron Pharmaceuticals G.D. Searle & Company Grenstone Parke-Devis Warner Lambert Wyeth Main Competitors Merck […]
Read moreMay 31, 2013 2:52 pm
Gold for August delivery fell from a two-week high and traded at $1 396.85 a troy ounce at 14:13 GMT, down 1,07% on the day. The greenback rose around 0,4$ against a basket of major currencies, which pressured gold prices down. The dollar and dollar-priced commodities, such as gold, tend to trade inversely. A stronger […]
Read moreMay 28, 2013 9:05 am
Record shipments from Thailand and Mexico add to an already sufficient supply, which exceeds global demand. This causes a reverse in the two-year premium surge of refined sugar. According to estimates compiled by Bloomberg, Brazil, worlds number one exporter, will boost its supply to a record level. Thailand, ranked second, will increase shipments by 11% […]
Read moreMay 28, 2013 8:52 am
Increased demand for US dollars influenced British pound on Tuesday, as GBP/USD edged lower. The pair tumbled to 1.5062 during European trade session, lowest value since Friday, then consolidation followed at 1.5090-1.5094. Support was expected at 1.5018, lowest from May 22nd, while the pair was to meet resistance at 1.5159, Monday highest. Expectations arose that […]
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