June 9, 2017 7:33 am
The sale of General Motors European arm, Opel, to PSA Group could be finalized as early as July 31st. It was in March, when both entities already said that the deal might be completed by the end of this year. General Motors shares closed lower for a third consecutive trading session on Thursday. The stock […]
Read moreJune 9, 2017 5:42 am
USD/CHF R1 – 0.9678 R2 – 0.9683 R3 (Range Resistance – Sell) – 0.9689 R4 (Long Breakout) – 0.9706 R5 (Breakout Target 1) – 0.9725 R6 (Breakout Target 2) – 0.9733 S1 – 0.9666 S2 – 0.9661 S3 (Range Support – Buy) – 0.9655 S4 (Short Breakout) – 0.9638 S5 (Breakout Target 1) – 0.9619 […]
Read moreJune 8, 2017 9:28 am
According to a source with knowledge of the matter, a 7.8 billion-euro fund with a focus on commercial real estates in Europe has been closed by the Blackstone Group LP (BX). The fund was to follow an “opportunistic” strategy, or operating with higher-risk properties which require fixing or repositioning, the person said. Blackstone shares closed […]
Read moreJune 8, 2017 7:29 am
According to a press release by Ford Motor Company (F), the two-week summer shutdown at its plant in Louisville is to be shortened, because of sound demand for models such as Ford Escape and Lincoln MKC. Ford shares closed lower for a fourth consecutive trading session on Wednesday. The stock went down 0.45% ($0.05) to […]
Read moreJune 8, 2017 5:48 am
Silver (SI) for July delivery (1 Troy Ounce) R1 – $17.640 R2 – $17.660 R3 (Range Resistance – Sell) – $17.681 R4 (Long Breakout) – $17.741 R5 (Breakout Target 1) – $17.812 R6 (Breakout Target 2) – $18.841 S1 – $17.600 S2 – $17.580 S3 (Range Support – Buy) – $17.560 S4 (Short Breakout) – […]
Read moreJune 7, 2017 10:13 am
Goldman Sachs consumer division, Goldman Sachs Bank USA, will reportedly raise the offered rate on deposits to 1.2% on June 7th in an attempt to lure Main Street clients. This way the bank would offer slightly better deposit terms in comparison with competitors such as Synchrony Bank, New York Community Banks My Banking Direct and […]
Read moreJune 7, 2017 7:03 am
At an investor meeting on June 6th, Macy’s Chief Financial Officer Karen Hoguet said that the gross margin could be 60 to 80 basis points lower in 2017 compared to a year ago, which led to a steep retreat to a five-year trough of the companys stock and mounted selling pressure on other retail shares […]
Read moreJune 6, 2017 9:20 am
A new series of “Ice” devices will reportedly be introduced on the smart phone market by Amazon.com Inc (AMZN), with one such device being expected to come out in 2017. The companys targeted segments will reportedly be emerging markets such as India. Amazon shares closed higher for a second consecutive trading session on Monday. The […]
Read moreJune 6, 2017 7:34 am
1 million PlayStation VR headsets have reportedly been sold by Sony Corp (SNE) since their release in the fall of 2016. In comparison, its competitor HTC has sold 420 000 Vive headsets by the end of last year, while Oculus VR has sold 243 000 Rift headsets. Samsung still remains a dominant factor in that […]
Read moreJune 6, 2017 5:49 am
USD/CHF R1 – 0.9655 R2 – 0.9658 R3 (Range Resistance – Sell) – 0.9662 R4 (Long Breakout) – 0.9672 R5 (Breakout Target 1) – 0.9685 R6 (Breakout Target 2) – 0.9690 S1 – 0.9647 S2 – 0.9644 S3 (Range Support – Buy) – 0.9640 S4 (Short Breakout) – 0.9630 S5 (Breakout Target 1) – 0.9617 […]
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