February 4, 2015 2:30 pm
General Motors Co announced on Wednesday a fourth quarter profit well above estimates as lower gasoline prices boosted high-margin vehicle sales, which offset the impact of recalls. Adjusted earnings per share came in at $1.19 for the three months ended December compared to the $0.67 per-share earnings the company reported a year ago. Analysts polled […]
Read moreFebruary 4, 2015 1:02 pm
Toyota Motor Corp reported on Wednesday better-than-expected quarterly results and lifted its full-year net profit forecast as the Japanese company continued to benefit from the weaker yen. The car giant based in Toyota City announced it now expects net income for the twelve months ending March to land at record ¥2.13 trillion, a 16.8% increase […]
Read moreFebruary 4, 2015 10:56 am
Sky Plc reported on Wednesday an increase in earnings as the European pay-television operator benefited from a record customer growth in its UK and Irish operations. Rupert Murdoch-controlled Sky said adjusted revenue climbed to £5.6 billion during the six months ended December 31 from £5.3 billion a year ago. Net profit stood at £1.09 billion […]
Read moreFebruary 4, 2015 10:19 am
Yesterday’s trade saw NZD/USD within the range of 0.7177-0.7438. The daily low has also been the lowest level since March 16th 2011, when a low of 0.7158 was recorded. The pair closed at 0.7335, gaining 0.42% on a daily basis. At 10:16 GMT today NZD/USD was up 0.38% for the day to trade at 0.7386. […]
Read moreFebruary 4, 2015 9:15 am
Sony Corp projected on Wednesday a smaller loss during 2014 as the Japanese company benefited from higher demand for its image sensors and PlayStation 4 gaming consoles. The Tokyo-based company estimated that net loss for the financial year ending March 31 would be ¥170 billion, previously Sony projected it would report a loss of ¥230 […]
Read moreFebruary 4, 2015 9:00 am
Yesterday’s trade saw USD/CAD within the range of 1.2353-1.2644. The daily low has also been the lowest level since January 22nd, when a low of 1.2310 was recorded. The pair closed at 1.2442, losing 0.99% on a daily basis. At 8:57 GMT today USD/CAD was up 0.11% for the day to trade at 1.2430. The […]
Read moreFebruary 4, 2015 8:53 am
Gold edged up on Wednesday following two days of declines after Greece decided not to ask creditors for a debt write-down, relieving some of the pressure on equities and thus denting safe-heaven demand. Comex gold for delivery in April was up 0.36% at $1 264.9 per troy ounce at 08:34 GMT, shifting in a daily […]
Read moreFebruary 4, 2015 8:09 am
Yesterday’s trade saw EUR/CAD within the range of 1.4208-1.4351. The pair closed at 1.4254, gaining 0.04% on a daily basis. At 8:07 GMT today EUR/CAD was down 0.05% for the day to trade at 1.4246. The pair touched a daily low at 1.4221 at 3:25 GMT. Fundamentals Euro area Services PMIs Services sector in Spain […]
Read moreFebruary 4, 2015 7:56 am
Yesterday’s trade saw EUR/GBP within the range of 0.7525-0.7592. The daily high has also been the highest level since January 22nd, when a high of 0.7679 was recorded. The pair closed at 0.7567, gaining 0.28% on a daily basis. At 7:54 GMT today EUR/GBP was down 0.03% for the day to trade at 0.7568. The […]
Read moreFebruary 3, 2015 4:10 pm
BG Group Plc announced on Tuesday it has written down the value of its oil and gas business by nearly $9 billion as lower oil prices claim another victim. The natural gas producer stated a net loss of $5 billion during the three months ended December, significantly higher than the $1.08 billion loss the company […]
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