January 12, 2015 3:10 pm
Discount retailer Family Dollar asked its shareholders on Monday to vote in favor of the $8.5 billion takeover offer from smaller rival Dollar Tree, despite the higher bid from Dollar General. In a letter to shareholders, Family dollar said that Dollar General’s offer is unlikely to get approved by the Federal Trade Commission, while the […]
Read moreJanuary 12, 2015 1:07 pm
US solar power developer SunEdinson plans to create Indias largest solar-panel facility in a joint venture with domestic conglomerate Adani Enterprises. The factory will be located in the western state of Gujarat and the two parties will invest as much as $4 billion in the building process. The project is estimated to be completed by […]
Read moreJanuary 12, 2015 10:40 am
Roche Holding AG agreed to acquire a majority stake in Foundation Medicine Inc for more than $1 billion, increasing its presence in cancer treatment. The Swiss drugmaker said on Monday that it will enter a strategic collaboration with Foundation by purchasing as much as 56.3% in the Cambridge, Massachusetts-based company. Roche will initiate a tender […]
Read moreJanuary 12, 2015 9:13 am
Natural gas dropped on Monday, snapping two days of gains, as forecasting agencies projected close to or above-seasonal readings late this week. Natural gas for delivery in February traded 2.68% lower at $2.867 per million British thermal units at 8:58 GMT, having shifted in a daily range of $2.934-$2.865. The energy source edged up 0.65% […]
Read moreJanuary 12, 2015 8:56 am
Gold gained on Monday to its highest in a month after weaker-than-expected US wages data hurt the dollar, while providing support for the precious metal. Comex gold for delivery in February climbed 0.50% to $1 222.2 per troy ounce by 08:34 GMT, having shifted in a daily range between $1 217.5 and $1 231.3, its […]
Read moreJanuary 12, 2015 8:46 am
Friday’s trade saw EUR/JPY within the range of 140.14-141.43. The pair closed at 140.35, losing 0.54% on a daily basis. At 8:41 GMT today EUR/JPY was down 0.01% for the day to trade at 140.31. The pair touched a daily low at 140.03 at 5:30 GMT. Todays low has also been the lowest since October […]
Read moreJanuary 12, 2015 8:17 am
Friday’s trade saw EUR/USD within the range of 1.1761-1.1848. The pair closed at 1.1842, gaining 0.42% on a daily basis. At 8:13 GMT today EUR/USD was down 0.05% for the day to trade at 1.1836. The pair touched a daily low at 1.1832 at 8:15 GMT. Fundamentals US hourly earnings data EUR/USD managed to distance […]
Read moreJanuary 12, 2015 7:50 am
Friday’s trade saw EUR/GBP within the range of 0.7781-0.7828. The pair closed at 0.7811, losing 0.05% on a daily basis. At 7:45 GMT today EUR/GBP was up 0.09% for the day to trade at 0.7821. The pair touched a daily high at 0.7825 at 6:10 GMT. Fundamentals ECB easing According to a person, who attended […]
Read moreJanuary 11, 2015 10:13 am
Friday’s trade saw EUR/AUD within the range of 1.4387-1.4568. The daily low has also been the lowest level since November 24th 2014. The pair closed at 1.4433, losing 0.59% on a daily basis. The pair plunged 2.72% during the whole week, which marked the fourth consecutive weekly loss. Fundamentals Australia Home loans The number of […]
Read moreJanuary 10, 2015 10:49 am
Friday’s trade saw AUD/USD within the range of 0.8103-0.8213. The pair closed at 0.8205, gaining 1.00% on a daily basis. The pair soared 1.43% during the whole week, which followed seven consecutive weeks of losses. Fundamentals Australia Home loans The number of home loans in Australia probably rose 2.0% in November, according to the median […]
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