February 9, 2015 12:40 pm
Friday’s trade saw USD/CAD within the range of 1.2414-1.2549. The pair closed at 1.2526, gaining 0.73% on a daily basis. USD/CAD depreciated 1.62% for the whole week, or the first loss in the past 11 weeks. This has also been the most considerable weekly loss since the week ended on June 2nd 2013. At 12:37 […]
Read moreFebruary 9, 2015 10:57 am
Nissan Motor Co lifted its full-year earnings guidance on Monday as favorable exchange rates and strong US sales helped the Japanese company to overcome a slowdown at home. The Nishi-ku, Yokohama-based company projected net income for the financial year ending March to stand at ¥420 billion, up from its previous forecast of ¥405 billion. The […]
Read moreFebruary 9, 2015 10:42 am
Friday’s trade saw EUR/CAD within the range of 1.4108-1.4294. The daily low has also been the lowest level since January 29th, when a low of 1.4105 was recorded. The pair closed at 1.4173, losing 0.69% on a daily basis. EUR/CAD depreciated 1.38% for the whole week, which followed two consecutive weekly gains. This has been […]
Read moreFebruary 9, 2015 9:34 am
Alibaba Group Holding Ltd agreed to acquire a minority stake in Chinese smartphone maker Meizu Technology Corp for $590 million, marking another push from the e-commerce behemoth into the mobile industry. Although this is the first time Alibaba has directly purchased a stake in a smartphone manufacturer, the deal falls under the companys plan to […]
Read moreFebruary 9, 2015 8:18 am
Gold rebounded from a three-week low on Monday following weak Chinese economic data that pressured Asian equities, but gains were capped on US interest rate hike concerns. Comex gold for delivery in April was up 0.38% at $1 240.3 per troy ounce at 08:06 GMT, shifting in a daily range of $1 240.7-$1 234.4. The […]
Read moreFebruary 9, 2015 8:08 am
Friday’s trade saw EUR/GBP within the range of 0.7414-0.7499. The daily low has also been the lowest level since January 26th, when a low of 0.7402 was recorded. The pair closed at 0.7422, losing 0.88% on a daily basis, while depreciating 0.92% for the whole week. At 8:04 GMT today EUR/GBP was up 0.24% for […]
Read moreFebruary 8, 2015 9:01 am
Friday’s trade saw EUR/JPY within the range of 133.63-135.23. The pair closed at 134.63, losing 0.20% on a daily basis. EUR/JPY appreciated 1.54% for the whole week, which marked a second consecutive weekly gain, after a string of four successive weekly losses. On Monday (February 9th) the pair may be influenced by a number of […]
Read moreFebruary 7, 2015 3:30 pm
Friday’s trade saw EUR/CHF within the range of 1.0448-1.0604. On November 5th the cross touched a daily high of 1.0646, or the highest level since January 15th, when a high of 1.2019 was recorded. The pair closed at 1.0472, losing 0.95% on a daily basis. EUR/CHF appreciated 0.71% for the whole week, which marked a […]
Read moreFebruary 6, 2015 4:04 pm
Verizon Communications agreed to sell around a quarter of its telephone and internet operations in two separate deals with a joint value of $15.6 billion, as the company focuses on its wireless business. The company announced on Thursday it will sell its local wireline phone operations in California, Florida and Texas to Frontier Communications in […]
Read moreFebruary 6, 2015 2:42 pm
Alcatel-Lucent SA reported another quarter of improved margins as performance benefited from cost cuts and strong results from the French telecoms equipment manufacturers internet routing business. The Paris-based company reported a net income of €271 million, or €0.08 a share, for the three months ended December 31, compared to €134 million, or €0.05 cents a […]
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