January 27, 2015 2:39 pm
Pfizer Inc announced on Tuesday it expects a drop in sales this year as the largest US drugmaker reported a decline in revenue during the fourth quarter. Pfizer stated a revenue of $13.12 billion during the three months ended December 31, down 3.3% from last years $13.55 billion. Net income for the quarter stood at […]
Read moreJanuary 27, 2015 1:07 pm
On Tuesday morning Facebook Incs social networking website went offline for nearly an hour after what the company said was the introduction of an update. Facebooks chat and dating applications, Aim and Tinder, were also down alongside with its photo-sharing website Instagram. Services that allow customers to use their social networks information to login onto […]
Read moreJanuary 27, 2015 11:06 am
Swedish telecom Ericsson announced on Tuesday lower-than-expected results as sales in the fourth quarter were hurt by a slowdown in its North American operations. Ericsson, the worlds largest producer of mobile network equipment, reported a 5% decline in sales in North America. The company said mobile operators in the region changed their priorities from building […]
Read moreJanuary 27, 2015 9:32 am
Microsoft Corp announced on Monday disappointing results from its core products as the technology giant shifts it focus to cloud computing. The company reported a 114% revenue increase in its commercial cloud business during the second financial quarter, boosted by strong performance of Office 365, which scored a quarter-on-quarter gain of 30% in subscribers to […]
Read moreJanuary 27, 2015 8:37 am
Gold was little changed on Tuesday after two days of declines amid speculations that the Federal Reserve will not initiate an interest rate hike at its upcoming policy meeting, despite a stronger US economy. Comex gold for delivery in February slid 0.04% to $1 278.9 per troy ounce by 08:18 GMT, shifting in a daily […]
Read moreJanuary 27, 2015 8:14 am
Yesterday’s trade saw USD/CAD within the range of 1.2400-1.2492. The pair closed at 1.2475, gaining 0.13% on a daily basis. At 8:08 GMT today USD/CAD was up 0.01% for the day to trade at 1.2475. The pair touched a daily high at 1.2494 at 3:15 GMT. The daily high has also been the highest level […]
Read moreJanuary 27, 2015 7:57 am
Yesterday’s trade saw EUR/USD within the range of 1.1098-1.1297. The daily low has also been the lowest level since September 9th 2003, when a low of 1.1055 was recorded. The pair closed at 1.1239, gaining 0.87% on a daily basis. At 7:52 GMT today EUR/USD was up 0.10% for the day to trade at 1.1248. […]
Read moreJanuary 27, 2015 7:37 am
Yesterday’s trade saw EUR/SEK within the range of 9.2962-9.3687. The pair closed at 9.3306, gaining 0.21% on a daily basis. At 7:32 GMT today EUR/SEK was down 0.14% for the day to trade at 9.3269. The pair touched a daily low at 9.3224 at 7:20 GMT. Fundamentals Sweden Balance of trade Swedens balance of trade […]
Read moreJanuary 27, 2015 7:19 am
Yesterday’s trade saw EUR/GBP within the range of 0.7402-0.7508. The daily low has also been the lowest level since February 2008. The pair closed at 0.7453, gaining 0.28% on a daily basis. At 7:14 GMT today EUR/GBP was down 0.04% for the day to trade at 0.7451. The pair touched a daily low at 0.7436 […]
Read moreJanuary 26, 2015 4:03 pm
AT&T announced on Monday it had agreed to acquire bankrupt NII Holdings Nextel in a $1.88 billion deal as the second-largest US mobile-phone operator pushes further into the Mexican market. Under the deal AT&T will obtain all of NIIs properties in Mexico, including spectrum licenses, network assets and retail stores, AT&T said in statement. However, […]
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