February 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 […]
Read moreFebruary 6, 2015 1:17 pm
HTC Corp projected on Friday a further revenue increase in 2015 after the Taiwanese smartphone maker posted its first quarter of revenue growth in more than three years. For the three months ending March 31 HTC projected revenue to range between 41.5 billion New Taiwan dollars and NT$45.0 billion, with the middle of the projection […]
Read moreFebruary 6, 2015 11:13 am
Statoil ASA said on Friday it would reduce spending in 2015 and boost cost cuts as Norway’s largest energy group reported fourth-quarter net loss. For the three months ended December the government-controlled company reported a net loss of NOK 8.9 billion. The figure compares with a net profit of NOK 14.8 billion during the same […]
Read moreFebruary 6, 2015 10:41 am
Yesterday’s trade saw USD/CAD within the range of 1.2390-1.2587. The pair closed at 1.2435, losing 1.11% on a daily basis. At 10:38 GMT today USD/CAD was up 0.08% for the day to trade at 1.2443. The pair touched a daily high at 1.2462 at 9:15 GMT. Fundamentals United States Non-farm Payrolls, Unemployment rate Employers in […]
Read moreFebruary 6, 2015 9:40 am
Twitter Inc reported on Thursday performance above expectations even as the social media company signed up users at a slower rate during the fourth quarter. The company said it added 4 million new users to a total 288 million monthly active customers in the three months ended December 31, or 1.4% higher compared to the […]
Read moreFebruary 6, 2015 9:07 am
Gold rose on Friday before the release of US jobs data but was headed for its worst weekly performance in nearly two months. Comex gold for delivery in April was up 0.32% at $1 266.7 per troy ounce at 08:46 GMT, shifting in a daily range of $1 269.00-$1 262.4. The precious metal lost 0.14% […]
Read moreFebruary 6, 2015 8:56 am
Yesterday’s trade saw GBP/CAD within the range of 1.8967-1.9151. The pair closed at 1.9061, losing 0.16% on a daily basis. At 8:53 GMT today GBP/CAD was up 0.08% for the day to trade at 1.9074. The pair touched a daily high at 1.9088 at 8:35 GMT. Fundamentals United Kingdom Balance of trade The deficit on […]
Read moreFebruary 6, 2015 8:05 am
Yesterday’s trade saw EUR/GBP within the range of 0.7445-0.7513. The pair closed at 0.7488, gaining 0.20% on a daily basis. At 8:04 GMT today EUR/GBP was down 0.25% for the day to trade at 0.7470. The pair touched a daily low at 0.7469 at 8:03 GMT. Fundamentals United Kingdom Balance of trade The deficit on […]
Read moreFebruary 5, 2015 4:06 pm
Pfizer Inc agreed to acquire Hospira, provider of injectable drugs and infusion technologies, for around $17 billion, marking the drugmakers first big deal since its failed takeover of AstraZeneca. Pfizer will pay $90 per Hospira share, the New York-based company said in a statement released on Thursday. The price represents 39% premium to the Illinois-based […]
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