January 9, 2015 3:38 pm
Google Inc may be trying to enter the US auto-insurance market as the internet giant prepares to launch its brand new website aimed at providing users with the ability to purchase and compare different policies. According to Ellen Carney, an analyst at Forrester Research, the technology behemoth got approved to sell auto insurance in 26 […]
Read moreJanuary 9, 2015 1:02 pm
Honda Motor Co Ltd has agreed to pay a record $70 million in fines after failing to report hundreds of incidents resulting in injuries and deaths involving its vehicles to the US government. The American unit of Honda will pay two separate civil penalties of $35 million each, the maximum allowable under US law. The […]
Read moreJanuary 9, 2015 10:38 am
Coca-Cola Co. confirmed that the worlds largest beverage company will trim its workforce as much as 1% as a counter measure to falling soda sales. The company said in an emailed statement that it had sent out the first notifications today and more working places will be axed during the coming months, outlining that the […]
Read moreJanuary 9, 2015 10:29 am
Yesterday’s trade saw USD/CAD within the range of 1.1792-1.1845. The pair closed at 1.1830, gaining 0.14% on a daily basis. At 10:28 GMT today USD/CAD was up 0.04% for the day to trade at 1.1836. The pair touched a daily high at 1.1851 at 9:55 GMT. Fundamentals United States Change in Non-farm Payrolls, Unemployment rate […]
Read moreJanuary 9, 2015 9:20 am
Natural gas edged up for a second session on Friday after the Energy Information Administration reported a US storage withdrawal slightly above analysts’ forecasts. Natural gas for delivery in February traded 1.91% higher at $2.983 per million British thermal units at 8:57 GMT, having shifted in a daily range of $2.990-$2.954. The energy source rose […]
Read moreJanuary 9, 2015 8:20 am
Yesterday’s trade saw GBP/USD within the range of 1.5032-1.5118. The daily low has also been the lowest level since July 15th 2013. The pair closed at 1.5089, losing 0.05% on a daily basis. At 8:13 GMT today GBP/USD was up 0.07% for the day to trade at 1.5098. The pair touched a daily high at […]
Read moreJanuary 9, 2015 8:17 am
Gold edged up on Friday to end two days of losses ahead of the US December employment report, heading to its first weekly increase in a month after it was boosted by Greek political turmoil and strong Chinese demand. Comex gold for delivery in February climbed 0.22% to $1 211.1 per troy ounce by 07:58 […]
Read moreJanuary 9, 2015 7:47 am
Yesterday’s trade saw EUR/USD within the range of 1.1753-1.1847. The daily low has also been the lowest since December 8th 2005. The pair closed at 1.1792, losing 0.41% on a daily basis. At 7:46 GMT today EUR/USD was down 0.05% for the day to trade at 1.1786. The pair touched a daily low at 1.1785 […]
Read moreJanuary 9, 2015 7:19 am
Yesterday’s trade saw EUR/GBP within the range of 0.7802-0.7857. The pair closed at 0.7815, losing 0.26% on a daily basis. At 7:16 GMT today EUR/GBP was down 0.03% for the day to trade at 0.7814. The pair touched a daily low at 0.7811 at 7:01 GMT. Fundamentals United Kingdom Balance of trade The deficit on […]
Read moreJanuary 8, 2015 3:41 pm
Discount retailer Family Dollar Stores Inc announced a nearly 50% decline in earnings for the recent quarter, weeks before a shareholders vote on a takeover deal. Net income dropped to $41.4 million in the first quarter of financial 2015, compared to the $78 million reported a year ago. Earnings per share stood at $0.36 in […]
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