February 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 […]
Read moreFebruary 25, 2015 10:52 am
Hewlett-Packard Co reported on Tuesday quarterly performance below expectations and warned that the stronger US dollar will dent full-year results as the personal computer maker prepares to divide itself. The Palo Alto, California-based company stated a revenue of $26.84 billion for the three months ended January 31 compared to a result of $28.40 billion a […]
Read moreFebruary 25, 2015 9:30 am
Sony Corp named a replacement for Amy Pascal, who left Sonys movie division earlier this month following the massive cyber attack that left Sony Pictures Entertainment without its computer network for several days. Tom Rothman is set to become chairman of Sony’s Motion Picture Group, the Culver City, California-based said in a statement today. Mr. […]
Read moreFebruary 25, 2015 8:46 am
Yesterday’s trade saw USD/CAD within the range of 1.2479-1.2664. The daily high has also been the highest level since February 11th, when a high of 1.2700 was recorded. The pair closed at 1.2497, falling 0.61% on a daily basis, or the first loss in five trading days. At 8:39 GMT today USD/CAD was down 0.25% […]
Read moreFebruary 25, 2015 8:27 am
Yesterday’s trade saw EUR/USD within the range of 1.1288-1.1358. The pair closed at 1.1340, gaining 0.05% on a daily basis. At 8:22 GMT today EUR/USD was up 0.19% for the day to trade at 1.1362. The pair broke the first key daily resistance level and touched a daily high at 1.1388 at 7:30 GMT. Fundamentals […]
Read moreFebruary 25, 2015 8:23 am
Gold climbed on Wednesday to end three days of losses and trade above $1 200 as Federal Reserve Chair Janet Yellen indicated that a sooner interest rate hike is unlikely. Comex gold for delivery in April gained 1.01% to $1 209.4 per troy ounce by 07:50 GMT, having shifted in a daily range of $1 […]
Read moreFebruary 25, 2015 7:43 am
Yesterday’s trade saw GBP/JPY within the range of 183.54-184.76. The daily high has also been the highest level since January 5th, when a high of 184.87 was recorded. The pair closed at 183.73, ticking down 0.01% on a daily basis. At 7:38 GMT today GBP/JPY was up 0.14% for the day to trade at 184.11. […]
Read moreFebruary 25, 2015 7:27 am
Yesterday’s trade saw EUR/GBP within the range of 0.7316-0.7349. The daily low was a fresh more-than-six-year low. The pair closed at 0.7337, ticking up 0.02% on a daily basis. At 7:16 GMT today EUR/GBP was down 0.05% for the day to trade at 0.7335. The pair touched a daily low at 0.7323 at 6:55 GMT. […]
Read moreFebruary 24, 2015 4:06 pm
Comcast Corp reported on Tuesday slight growth in fourth-quarter profit as the biggest US cable operator benefited from robust performance of its broadband and business-services units. The company reported net income of $1.93 billion, or $0.74 a share, for the three months ended December 31 compared to a result of $1.91 billion, or $0.72 a […]
Read moreFebruary 24, 2015 2:22 pm
Home Depot announced on Tuesday profit above expectations as the worlds largest home-improvement retailer benefited from strong demand for its products amid elevated house prices. Net income for the three months ended February 1 stood at $1.38 billion, or $1.05 a share, better that the $1.01 billion, or $0.73 a share, the company posted in […]
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