February 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 […]
Read moreFebruary 5, 2015 2:44 pm
Daimler AG projected higher demand for its Mercedes brand in China, that would boost earnings in 2015, as the carmaker reported its fourth quarter results. Chief Executive Dieter Zetsche said Daimlers operating profit will jump at least 10% in 2015, boosted by more than 5% increase in sales. During recent years the company has struggled […]
Read moreFebruary 5, 2015 1:21 pm
AstraZeneca Plc announced on Thursday it would buy the rights to Actavis’ branded respiratory drug business as it reported disappointing quarterly performance. Britains second-largest drugmaker said it would pay an initial $600 million in order to distribute Actavis’ Tudorza Pressair and Daliresp drugs in the US and Canada. The two drugs generated around $230 million […]
Read moreFebruary 5, 2015 12:14 pm
Yesterday’s trade saw NZD/USD within the range of 0.7288-0.7454. The pair closed at 0.7369, gaining 0.15% on a daily basis. At 12:11 GMT today NZD/USD was up 0.43% for the day to trade at 0.7399. The pair touched a daily high at 0.7403 at 10:10 GMT. Fundamentals United States Initial, Continuing jobless claims The number […]
Read moreFebruary 5, 2015 11:10 am
Vodafone Group Plc reported on Thursday an improvement in revenue drops during the third quarter as the British company benefited from increased traffic on its 4G networks. The worlds second-biggest mobile carrier by subscribers stated a group service revenue, excluding mergers and acquisitions, of £9.79 billion for the three months ended December 31, down 0.4% […]
Read moreFebruary 5, 2015 10:02 am
Yesterday’s trade saw USD/CAD within the range of 1.2386-1.2591. The pair closed at 1.2574, gaining 1.28% on a daily basis. At 10:01 GMT today USD/CAD was down 0.48% for the day to trade at 1.2512. The pair touched a daily low at 1.2511 at 9:58 GMT. Fundamentals United States Initial, Continuing jobless claims The number […]
Read moreFebruary 5, 2015 9:36 am
McDonald’s Holdings Co. (Japan) Ltd. posted on Thursday its first annual loss in eleven years as the fast-food restaurant chain struggled to deal with food scandals through 2014. The Japanese division of the worlds largest fast-food restaurant chain booked a net loss of ¥21.84 billion for the twelve months ended December, versus the ¥5.14 billion […]
Read moreFebruary 5, 2015 8:58 am
Yesterday’s trade saw GBP/CAD within the range of 1.8788-1.9191. The pair closed at 1.9091, gaining 1.39% on a daily basis. At 8:55 GMT today GBP/CAD was up 0.03% for the day to trade at 1.9093. The pair touched a daily high at 1.9108 at 6:00 GMT. Fundamentals United Kingdom Bank of England policy decision At […]
Read moreFebruary 5, 2015 8:52 am
Gold gained for a second session on Thursday as investors sought the safety of the metal after the People’s Bank of China expanded measures to fight slowing growth amid uncertainty in Europe. Comex gold for delivery in April was up 0.20% at $1 267.0 per troy ounce at 08:30 GMT, shifting in a daily range […]
Read moreFebruary 5, 2015 8:07 am
Yesterday’s trade saw EUR/GBP within the range of 0.7456-0.7578. The pair closed at 0.7473, losing 1.28% on a daily basis. At 8:04 GMT today EUR/GBP was up 0.14% for the day to trade at 0.7482. The pair touched a daily high at 0.7490 at 7:54 GMT. Fundamentals Draghi-Varoufakis meeting outcome The euro came under pressure […]
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