February 16, 2015 1:10 pm
Puma SE reported smaller net loss for the quarter as the German athletic gear maker benefited from lower costs and higher demand for its shoes. The Herzogenaurach-based company stated a net loss of €4.6 million for the three months ended December compared to a result of €115 million below the zero mark in the same […]
Read moreFebruary 16, 2015 11:09 am
Online gambling company 888 Holdings Plc said on Monday it had ended takeover talks with William Hill, the largest bookmaker in the UK, after a major shareholder did not agree with the offered price. “Due to a significant difference of opinion on value with a key stakeholder, it has not been possible to reach agreement […]
Read moreFebruary 16, 2015 9:47 am
One of LG Electronics top managers has been indicted on a charge of intentionally damaging washing machines made by rival Samsung Electronics ahead of a trade show in Germany. Jo Seong-jin, LGs head of home-appliance division, was formally accused of deliberately damaging several “Crystal Blue” washing machines by South Korean prosecutors. The high-end products, priced […]
Read moreFebruary 16, 2015 8:25 am
Friday’s trade saw EUR/CAD within the range of 1.4164-1.4321. The pair closed at 1.4174, losing 0.61% on a daily basis and extending losses from Thursday. At 8:22 GMT today EUR/CAD was up 0.12% for the day to trade at 1.4200. The pair touched a daily high at 1.4206 at 8:15 GMT. Fundamentals Euro area Eurogroup […]
Read moreFebruary 16, 2015 8:24 am
Gold edged up for a third session on Monday before the meeting of Europes finance ministers in Brussels who are set to discuss the financial future of Greece. Comex gold for delivery in April was up 0.38% at $1 231.8 per troy ounce at 07:56 GMT, shifting in a daily range of $1 233.6 – […]
Read moreFebruary 16, 2015 8:09 am
Friday’s trade saw EUR/USD within the range of 1.1378-1.1443. The daily high has also been the highest level since February 6th, when a high of 1.1488 was recorded. The pair closed at 1.1385, losing 0.16% on a daily basis, while following two consecutive days of gains. At 8:02 GMT today EUR/USD was up 0.25% for […]
Read moreFebruary 16, 2015 7:42 am
Friday’s trade saw EUR/GBP within the range of 0.7388-0.7436. The pair closed at 0.7393, losing 0.26% on a daily basis and extending losses from Thursday. At 7:38 GMT today EUR/GBP was up 0.01% for the day to trade at 0.7394. The pair touched a daily high at 0.7405 at 2:40 GMT. Fundamentals Euro area Eurogroup […]
Read moreFebruary 15, 2015 12:08 pm
Friday’s trade saw GBP/JPY within the range of 182.46-183.44. The pair closed at 182.88, losing 0.20% on a daily basis and extending losses from Thursday. The cross appreciated 0.82% for the whole week, which marked the third consecutive weekly gain. On Monday (February 16th) GBP/JPY may be influenced by a number of fundamentals, as listed […]
Read moreFebruary 14, 2015 2:46 pm
Friday’s trade saw USD/JPY within the range of 118.40-119.22. The pair closed at 118.75, losing 0.30% on a daily basis and extending losses from Thursday. The cross fell 0.19% for the whole week, which followed a 1.30% gain in the week ended on February 6th. On Monday (February 16th) USD/JPY may be influenced by a […]
Read moreFebruary 13, 2015 4:00 pm
Interpublic Group of Companies Inc reported on Friday quarterly revenue above expectations but warned that full-year sales would be hurt by the robust US dollar. The advertising company stated a revenue of $2.21 billion for the three months ended December 31, up 4% compared to the same period of last year. Interpublic said performance was […]
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