February 24, 2015 4:06 pm
Comcast Corp reported on Tuesday slight growth in fourth-quarter profit as the biggest US cable operator benefited from robust performance of its broadband and business-services units. The company reported net income of $1.93 billion, or $0.74 a share, for the three months ended December 31 compared to a result of $1.91 billion, or $0.72 a […]
Read moreFebruary 24, 2015 2:22 pm
Home Depot announced on Tuesday profit above expectations as the worlds largest home-improvement retailer benefited from strong demand for its products amid elevated house prices. Net income for the three months ended February 1 stood at $1.38 billion, or $1.05 a share, better that the $1.01 billion, or $0.73 a share, the company posted in […]
Read moreFebruary 24, 2015 12:57 pm
BHP Billiton Plc announced on Monday a sharp fall in first-half profit as the worlds biggest miner is struggling to cope with plunging commodity prices. The Anglo-Australian company reported a net profit of $4.27 billion in the six months ended December, down 47% compared to the $8.11 billion it stated a year earlier, but better […]
Read moreFebruary 24, 2015 10:49 am
Google Inc reached a deal with mobile-payment service provider Softcard on Monday as the technology giant is looking to bolster its Google Wallet application to better compete with Apple Pay. The Mountain View, California-based company said in its official blog that it had acquired technologies and intellectual property from struggling Softcard for an undisclosed amount. […]
Read moreFebruary 24, 2015 9:40 am
Natural gas fell on Tuesday to extend losses into a second session as forecasting agencies projected temperatures to warm up by late next week. Natural gas for delivery in April traded 1.52% lower at $2.849 per million British thermal units at 9:22 GMT, holding within a daily range of $2.906 and $2.840. The contract dropped […]
Read moreFebruary 24, 2015 8:43 am
Yesterday’s trade saw USD/CAD within the range of 1.2535-1.2624. The daily high has also been the highest level since February 12th, when a high of 1.2648 was recorded. The pair closed at 1.2574, gaining 0.31% on a daily basis. At 8:39 GMT today USD/CAD was up 0.39% for the day to trade at 1.2623. The […]
Read moreFebruary 24, 2015 8:21 am
Gold hovered near the key level of $1 200 on Tuesday, extending losses into a third session, as investors awaited the testimony of Federal Reserve Chair Janet Yellen. Comex gold for delivery in April lost 0.12% to $1 199.4 per troy ounce by 07:57 GMT, having shifted in a daily range of $1 204.4 and […]
Read moreFebruary 24, 2015 8:18 am
Yesterday’s trade saw EUR/USD within the range of 1.1295-1.1394. The pair closed at 1.1334, losing 0.41% on a daily basis. At 8:14 GMT today EUR/USD was down 0.10% for the day to trade at 1.1319. The pair touched a daily low at 1.1314 at 8:15 GMT. Fundamentals Euro area Harmonized consumer inflation – final estimate […]
Read moreFebruary 24, 2015 7:53 am
Yesterday’s trade saw EUR/CHF within the range of 1.0690-1.0792. The pair closed at 1.0777, gaining 0.67% on a daily basis. At 7:47 GMT today EUR/CHF was down 0.02% for the day to trade at 1.0763. The pair touched a daily low at 1.0756 at 7:10 GMT. Fundamentals Euro area Harmonized consumer inflation – final estimate […]
Read moreFebruary 24, 2015 7:26 am
Yesterday’s trade saw EUR/GBP within the range of 0.7326-0.7405. The daily low has also been the lowest level in over six years. The pair closed at 0.7335, losing 0.82% on a daily basis. At 7:22 GMT today EUR/GBP was down 0.04% for the day to trade at 0.7332. The pair touched a daily low at […]
Read more
