February 26, 2015 10:56 am
Royal Bank of Scotland reported its seventh annual net loss on Thursday and said it will exit some markets in the year ahead as the state-backed bank focuses on its operations in Britain. For the twelve months of 2014 the company reported a net loss of £3.47 billion, significantly lower that the £9-billion loss it […]
Read moreFebruary 26, 2015 9:34 am
Google Inc launched its new work-related initiative on Wednesday and announced it had reached an agreement with Blackberry to improve security on Android devices. Android for Work was officially released yesterday following its introduction last June at Google I/O. The software would allow companies, which provide Android phones to their employees, to keep an eye […]
Read moreFebruary 26, 2015 9:25 am
Yesterday’s trade saw USD/CAD within the range of 1.2404-1.2497. The daily low has also been the lowest level since February 18th, when a low of 1.2376 was recorded. The pair closed at 1.2433, going down 0.51% on a daily basis and extending losses from Tuesday. At 9:22 GMT today USD/CAD was down 0.17% for the […]
Read moreFebruary 26, 2015 8:49 am
Gold edged up on Thursday, drifting further away from a seven-week low, as traders evaluated the prospects of an extended period of low interest rates after the speech of Federal Reserve Chair Janet Yellen. Comex gold for delivery in April gained 0.96% to $1 213.0 per troy ounce by 08:22 GMT, having shifted in a […]
Read moreFebruary 26, 2015 8:21 am
Yesterday’s trade saw EUR/USD within the range of 1.1336-1.1388. The pair closed at 1.1360, up 0.18% on a daily basis and extending gains from Tuesday. At 8:01 GMT today EUR/USD was down 0.06% for the day to trade at 1.1353. The pair touched a daily low at 1.1348 at 7:45 GMT. Fundamentals Euro area Change […]
Read moreFebruary 26, 2015 7:45 am
Yesterday’s trade saw GBP/JPY within the range of 183.54-184.67. The pair closed at 184.50, going up 0.42% on a daily basis, or the largest daily gain since February 17th. At 7:40 GMT today GBP/JPY was up 0.11% for the day to trade at 184.77. The pair broke the first key daily and the first key […]
Read moreFebruary 26, 2015 7:20 am
Yesterday’s trade saw EUR/GBP within the range of 0.7314-0.7345. The daily low was a fresh more-than-six-year low. The pair closed at 0.7315, losing 0.34% on a daily basis. At 7:17 GMT today EUR/GBP was down 0.02% for the day to trade at 0.7313. The pair touched a daily low at 0.7309 at 2:15 GMT. Fundamentals […]
Read moreFebruary 25, 2015 4:00 pm
Target Corp reported fourth-quarter profit above expectations on Wednesday boosted by better-than-expected holiday sales and projected slight increase in first-quarter earnings. Excluding certain items, the Minneapolis-based retailer reported per-share profit of $1.50 during the three months ended January 31 compared to earnings per share of $1.31 a year earlier. The figure came in above the […]
Read moreFebruary 25, 2015 2:23 pm
Dollar Tree Inc announced a surge in sales on Wednesday driven by a robust holiday demand as the retailer warned of weaker performance in the year ahead. The company reported a revenue of $2.48 billion for the three months ended January 31, up 10.8% compared to the $2.23 billion stated a year earlier. Dollar tree […]
Read moreFebruary 25, 2015 1:15 pm
Denmarks A.P. Møller – Mærsk A/S announced a plan to divest its stake in Danske Bank on Wednesday as the shipping and oil conglomerate redirects its efforts to its core business. The countrys largest company said that due to mounting shareholder requests Maersk will sell its 20.05% stake in Denmarks biggest lender. The company said […]
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