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Metro share price down, reports ruble-hit quarterly results

February 10, 2015 2:33 pm
Metro AG reported on Tuesday quarterly results in line with expectations after performance was hit by the sharp decline of the Russian ruble against the euro. Germany’s largest retailer reported a 4.6% decline in its core earnings before interest and tax to €1.02 billion for the three months ended December, or the companys first quarter, […] Read more

Tesco share price up, returns to sales growth

February 10, 2015 1:14 pm
Tesco Plc is showing signs of improvement following the lead of Dave Lewis as sales numbers increased for the first time since January 2014, according to industry data released on Tuesday. Sales at Britains largest supermarket chain climbed 0.3% in the 12 weeks ended February 1 compared to the same period of 2014, said market […] Read more

Forex Market: NZD/USD daily trading forecast

February 10, 2015 11:04 am
Yesterday’s trade saw NZD/USD within the range of 0.7321-0.7441. The pair closed at 0.7411, gaining 0.82% on a daily basis. At 11:01 GMT today NZD/USD was down 0.15% for the day to trade at 0.7399. The pair touched a daily low at 0.7385 at 10:00 GMT. Fundamentals United States Job Openings The number of job […] Read more

Microsoft share price up, agrees to end contract dispute with Samsung

February 10, 2015 10:59 am
Microsoft Corp and Samsung Electronic Co announced on Monday they have agreed to settle a contract dispute over the South Korean giants use of the Android operating system. Although Google owns the Android platform, some technologies used in the operating system fall under Microsofts patents. For this reason every smartphone manufacturer is obligated to pay […] Read more

Forex Market: USD/CAD daily trading forecast

February 10, 2015 10:10 am
Yesterday’s trade saw USD/CAD within the range of 1.2425-1.2546. The pair closed at 1.2468, losing 0.41% on a daily basis. At 10:07 GMT today USD/CAD was up 0.18% for the day to trade at 1.2490. The pair touched a daily high at 1.2496 at 9:28 GMT. Fundamentals United States Job Openings The number of job […] Read more

Qualcomm share price up, agrees to pay $975 million fine to China

February 10, 2015 9:38 am
Qualcomm Inc announced on Monday that it has agreed to pay a fine of $975 million following more than a year-long investigation from Chinese antitrust regulators. The San Diego-based company said it was found in breach of anti-monopoly law by the National Development and Reform Commission and it agreed to comply with the penalties, which […] Read more

Gold trading outlook: futures gain on Greece concerns

February 10, 2015 8:30 am
Gold gained for a second session on Tuesday as a fall in global equities, spurred by uncertainty surrounding Greece, prompted safe-haven demand for the yellow metal. Comex gold for delivery in April was up 0.16% at $1 243.5 per troy ounce at 08:06 GMT, shifting in a daily range of $1 245.9-$1 237.9. The precious […] Read more

Forex Market: EUR/CAD daily trading forecast

February 10, 2015 8:25 am
Yesterday’s trade saw EUR/CAD within the range of 1.4071-1.4213. The daily low has also been the lowest level since January 28th, when a low of 1.4062 was recorded. The pair closed at 1.4118, losing 0.32% on a daily basis and extending losses from last Friday. At 8:22 GMT today EUR/CAD was up 0.04% for the […] Read more

Forex Market: EUR/GBP daily trading forecast

February 10, 2015 7:53 am
Yesterday’s trade saw EUR/GBP within the range of 0.7410-0.7460. The daily low has also been the lowest level since January 26th, when a low of 0.7402 was recorded. The pair closed at 0.7442, gaining 0.24% on a daily basis. At 7:52 GMT today EUR/GBP was down 0.13% for the day to trade at 0.7432. The […] Read more

McDonald’s share price down, reports weak January sales

February 9, 2015 4:11 pm
McDonald’s Corp reported disappointing sales in January as better performance in Europe and the US could not offset the fallout of food scandals in China and Japan. The worlds largest restaurant chain stated a 1.8% decline in global comparable sales, worse then projections of 1.2% drop in worldwide same-restaurant sales. The figure also represents the […] Read more