March 24, 2015 9:03 am
Sweden’s Hennes & Mauritz AB reported first-quarter profit above expectations, but the worlds second-largest fashion retailer warned that the robust dollar may dent future performance. The company stated a pre-tax profit of 4.7 billion Swedish crowns in the three months ended February 28, up from the SEK 3.49 billion reported a year ago. In comparison […]
Read moreMarch 24, 2015 9:03 am
Yesterday’s trade saw USD/CAD within the range of 1.2493-1.2616. The pair closed at 1.2524, down 0.48% on a daily basis and extending losses from Friday. At 8:58 GMT today USD/CAD was down 0.20% for the day to trade at 1.2497. The pair touched a daily low at 1.2486 at 8:38 GMT. Fundamentals United States Consumer […]
Read moreMarch 24, 2015 8:45 am
Yesterdays trade saw GBP/USD within the range of 1.4837-1.4990. The pair closed at 1.4952, up 0.07% on a daily basis and extending gains from Friday. At 8:37 GMT today GBP/USD was up 0.03% for the day to trade at 1.4959. The pair touched a daily high at 1.4974 during early Asian trade. Fundamentals United Kingdom […]
Read moreMarch 24, 2015 8:07 am
Yesterdays trade saw EUR/USD within the range of 1.0766-1.0973. The pair closed at 1.0946, rising 1.12% on a daily basis and extending gains from Friday. At 8:03 GMT today EUR/USD was up 0.10% for the day to trade at 1.0956 in an attempt to test the earlier high. The pair touched a daily high at […]
Read moreMarch 24, 2015 8:04 am
Gold slipped on Tuesday but remained near its highest level in two weeks as investors weighed the prospect of a September interest rate increase. Comex gold for delivery in April was down 0.05% at $1 187.1 per troy ounce at 7:37 GMT, shifting in a daily range of $1 189.8 and $1 184.7. The precious […]
Read moreMarch 23, 2015 1:03 pm
Tenet Healthcare Corp. announced on Monday it had agreed to a joint venture with United Surgical Partners International in order the create the largest provider of ambulatory surgery in the U.S. Tenet, the third-largest publicly traded hospital chain in the U.S., said it had reached an agreement with Welsh, Carson, Anderson & Stowe, USPIs parent, […]
Read moreMarch 23, 2015 10:46 am
Australias Village Roadshow Ltd announced on Monday it had reached a deal with Chinese investment company Citic Group to start the construction of theme parks on the mainland. The company said that after more than two years of negotiations it has inked a deal with a subsidiary of state-owned Citic to form a $500-million joint […]
Read moreMarch 23, 2015 9:31 am
All of RadioShack Corps stores may be closed down for good after Mondays bankruptcy auction if Standard General LP does not prevail in the bid war. The hedge fund, which is also a creditor of the electronics company, is the only interested party that does not intend to completely shut down RadioShack if it gets […]
Read moreMarch 23, 2015 8:18 am
Gold traded near the highest in two-weeks on Monday following three sessions of gains after the Federal Reserve reduced its overall evaluation of the U.S. economy. Comex gold for delivery in April was down 0.22% at $1 182.0 per troy ounce at 7:53 GMT, shifting in a daily range of $1 186.6 and $1 180.4. […]
Read moreMarch 23, 2015 8:13 am
Friday’s trade saw EUR/CAD within the range of 1.3507-1.3683. The pair closed at 1.3583, gaining 0.18% on a daily basis. The cross rose 1.24% for the whole week, following three consecutive weeks of losses. At 8:10 GMT today EUR/CAD was down 0.01% for the day to trade at 1.3580. The pair touched a daily low […]
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