January 3, 2017 10:55 am
According to a Nikkei financial daily report, released on December 29th, Apple Inc is to reduce production of iPhones by approximately 10% during the first three months of 2017. The report reflected calculations based on data from suppliers. Apple shares recorded their largest daily slump since December 1st on Friday last week, while also marking […]
Read moreJanuary 3, 2017 9:00 am
Last Friday a lawsuit was filed in US District Court in the Central District of California against Tesla Motors Inc by a Model X owner, who claimed that his electric SUV suddenly accelerated while parking, which led to a severe accident and, as a result, injured the driver and a passenger. According to the owner […]
Read moreJanuary 3, 2017 7:44 am
Major Currency Pairs USD/CHF R1 – 1.0242 R2 – 1.0248 R3 (Range Resistance – Sell) – 1.0255 R4 (Long Breakout) – 1.0275 R5 (Breakout Target 1) – 1.0298 R6 (Breakout Target 2) – 1.0307 S1 – 1.0228 S2 – 1.0222 S3 (Range Support – Buy) – 1.0215 S4 (Short Breakout) – 1.0195 S5 (Breakout Target […]
Read moreDecember 30, 2016 10:52 am
According to persons familiar with the matter, who preferred to remain anonymous, Johnson & Johnson is currently in negotiations over the acquisition of Actelion Ltd, a Swiss biotechnology company. The potential deal is said to part Actelions commercialized portfolio from its research and development division. Johnson & Johnson shares closed higher on Thursday, rebounding after […]
Read moreDecember 30, 2016 8:39 am
According to the US Justice Department and Securities and Exchange Commission, the NYSE-listed General Cable Corp is expected to pay more than $75 million in fines to settle allegations it had suborned officials in China, Bangladesh and Angola. General Cable shares closed higher on Thursday, rebounding after a 2.27% slump in the previous trading session. […]
Read moreDecember 29, 2016 10:34 am
Thursday marked the third consecutive session of massive losses for the Tokyo-listed electronic manufacturer Toshiba Corp., after it announced earlier this week a potential writedown amounting to several billion dollars in relation with a US nuclear business. The news spurred activity among ratings agencies. On Wednesday Moodys downgraded Toshibas corporate family rating (CFR) and senior […]
Read moreDecember 29, 2016 8:30 am
According to the monthly report by the National Association of Realtors (NAR) released on Wednesday, contracts to buy previously owned homes in the United States were 0.4% fewer in November compared to the same month a year earlier. It followed two straight periods of increase, with the respective index of sales increasing 1.8% year-on-year in […]
Read moreDecember 29, 2016 7:24 am
Major Currency Pairs USD/CHF R1 – 1.0294 R2 – 1.0300 R3 (Range Resistance – Sell) – 1.0305 R4 (Long Breakout) – 1.0321 R5 (Breakout Target 1) – 1.0340 R6 (Breakout Target 2) – 1.0347 S1 – 1.0284 S2 – 1.0278 S3 (Range Support – Buy) – 1.0273 S4 (Short Breakout) – 1.0257 S5 (Breakout Target […]
Read moreDecember 28, 2016 10:38 am
According to a statement by the National Highway Traffic Safety Administration made on Tuesday, an investigation has been embarked on in relation with Ford Motor Companys Fusion and Mercury Milan sedans produced within the period between 2007 and 2009. Brakes for these models may not function properly in certain circumstances, the US regulator authority said. […]
Read moreDecember 28, 2016 8:39 am
According to a statement made on Tuesday, the NYSE-listed transportation company Delta Air Lines Inc came to an agreement with Boeing to cancel an order for 18 787 Dreamliner jets. The order was reported to have been valued at over $4 billion in accordance with current list prices. However, no further details of the agreement […]
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