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Amazon shares gain a third straight session on Friday, another logistics center to be opened in Poland this year

February 21, 2017 8:36 am
The largest on-line retailer worldwide Amazon.com Inc is to open a fifth logistics center in Poland during the present year, according to a February 20th statement by the company. The new center may help insulate the e-commerce giants business operations from the risk of almost incessant labor strikes in Polands neighbor, Germany. Amazon shares closed […] Read more

Major Currency Pairs: Pivot Levels for Tuesday (February 21st 2017)

February 21, 2017 7:06 am
USD/CHF R1 – 1.0031 R2 – 1.0034 R3 (Range Resistance – Sell) – 1.0038 R4 (Long Breakout) – 1.0047 R5 (Breakout Target 1) – 1.0058 R6 (Breakout Target 2) – 1.0063 S1 – 1.0025 S2 – 1.0022 S3 (Range Support – Buy) – 1.0018 S4 (Short Breakout) – 1.0009 S5 (Breakout Target 1) – 0.9998 […] Read more

Citigroup shares fall a second straight session on Friday, CEO Corbat’s compensation reduced as financial targets not met

February 20, 2017 10:27 am
Citigroup Incs (C) board was reported to have reduced Chief Executive Officer Michael Corbats compensation by 6% in 2016, as the holdings financial objectives had not been accomplished. Corbats previous compensation package was not approved by one-third of the banks voting shareholders. Citigroup shares closed lower for a second straight session on Friday. The stock […] Read more

Wells Fargo shares retreat a second straight session on Friday, retail trends seen as “relatively stable” in January

February 20, 2017 8:31 am
According to a February 17th statement by a representative from Wells Fargo & Company (WFC), “relatively stable” trends in branch banking were observed in January. Although there has been a drop in customer branch interactions, other key indicators have shown a rather positive tendency. Wells Fargo shares closed lower for a second straight session on […] Read more

Commodity Market: Pivot Levels for Monday (February 20th 2017)

February 20, 2017 7:15 am
Silver (SI) for March delivery (1 Troy Ounce) R1 – $18.041 R2 – $18.053 R3 (Range Resistance – Sell) – $18.064 R4 (Long Breakout) – $18.100 R5 (Breakout Target 1) – $18.139 R6 (Breakout Target 2) – $18.155 S1 – $18.019 S2 – $18.007 S3 (Range Support – Buy) – $17.996 S4 (Short Breakout) – […] Read more

Major Currency Pairs: Pivot Levels for Friday (February 17th 2017)

February 17, 2017 7:14 am
USD/CHF R1 – 0.9982 R2 – 0.9991 R3 (Range Resistance – Sell) – 1.0000 R4 (Long Breakout) – 1.0026 R5 (Breakout Target 1) – 1.0057 R6 (Breakout Target 2) – 1.0069 S1 – 0.9964 S2 – 0.9955 S3 (Range Support – Buy) – 0.9947 S4 (Short Breakout) – 0.9920 S5 (Breakout Target 1) – 0.9889 […] Read more

Cisco shares gain the most in two weeks on Wednesday, company’s quarterly earnings top market expectations

February 16, 2017 8:48 am
Cisco Systems Incs (CSCO) adjusted earnings per share outstripped market expectations during the second quarter ended on January 31st, largely supported by sound demand for security products. Cisco shares closed higher for a fifth straight session on Wednesday, while also logging their largest daily increase since February 2nd. The stock went up 1.58% ($0.51) to […] Read more