February 18, 2015 4:06 pm
Actavis Plc announced a wider loss on Wednesday but projected higher earnings in the year ahead on estimations of robust demand for its new products. The company reported a net loss of $732.9 million, or $2.76 a share, for the three months ended December 31 compared with $148.4 million below the zero mark in the […]
Read moreFebruary 18, 2015 2:27 pm
Carlsberg A/S announced changes at the helm as the worlds fourth-biggest brewer projected lower profit in the year ahead on problems in Russia and Ukraine. Chief Executive Jorgen Buhl Rasmussen will step down from the lead position and be replaced by Cees ’t Hart, marking the first non-Danish CEO since the company was established in […]
Read moreFebruary 18, 2015 1:10 pm
HSBC Holdings Plcs private bank offices were searched by authorities on Wednesday as a part of an investigation over allegations of money laundering. Genevas public prosecutor said in a statement that it have launched an investigation in relation to the recent “public disclosures”. The raid began early on Wednesday and it was led by Attorney […]
Read moreFebruary 18, 2015 11:09 am
Alibaba Group Holding Ltd is again challenging rival Tencent, this time for control over the “red packets” that Chinese people usually exchange on special occasions, including the Lunar New Year. Last year Tencent introduced an application that enables its users to send virtual red envelopes to loved ones as the company attempted to upgrade the […]
Read moreFebruary 18, 2015 9:33 am
Sony Corp unveiled on Wednesday a mid-term strategy aimed at boosting earnings over the next three years as the company focuses on entertainment, games and image sensors. The Tokyo-based company projected to reach an operating profit of ¥500 billion in the fiscal year ending March 31, 2018. The figure compares with an estimate for this […]
Read moreFebruary 18, 2015 8:35 am
Gold edged up on Wednesday to trade above the lowest in six weeks as equities gained some ground on increasing speculation that Greece will request an extension on its bailout deal. Comex gold for delivery in April gained 0.06% to $1 209.3 per troy ounce by 07:51 GMT, having shifted in a daily range of […]
Read moreFebruary 18, 2015 8:23 am
Yesterday’s trade saw USD/CAD within the range of 1.2359-1.2479. The daily low has also been the lowest level since February 3rd, when a low of 1.2351 was recorded. The pair closed at 1.2389, losing 0.62% on a daily basis. At 8:20 GMT today USD/CAD was up 0.14% for the day to trade at 1.2407. The […]
Read moreFebruary 18, 2015 7:59 am
Yesterday’s trade saw EUR/USD within the range of 1.1320-1.1450. The daily high has also been the highest level since February 6th, when a high of 1.1488 was recorded. The pair closed at 1.1412, gaining 0.52% on a daily basis. At 7:55 GMT today EUR/USD was down 0.19% for the day to trade at 1.1389. The […]
Read moreFebruary 18, 2015 7:37 am
Yesterday’s trade saw GBP/USD within the range of 1.5314-1.5403. The pair closed at 1.5354, down 0.05% on a daily basis and extending losses from Monday. At 7:36 GMT today GBP/USD was down 0.05% for the day to trade at 1.5344, which is also the current daily low. Fundamentals United Kingdom Bank of England Minutes At […]
Read moreFebruary 18, 2015 7:17 am
Yesterday’s trade saw EUR/GBP within the range of 0.7371-0.7447. The pair closed at 0.7432, gaining 0.57% on a daily basis. At 7:14 GMT today EUR/GBP was down 0.09% for the day to trade at 0.7425. The pair touched a daily low at 0.7422 at 7:06 GMT. Fundamentals Euro area Construction output At 10:00 GMT Eurostat […]
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