December 16, 2014 11:01 am
Repsol SA, the biggest energy company in Spain, reached a deal to purchase oil company Talisman Energy, in an attempt to boost its oil reserves and output. Under the agreement Repsol will acquire 100% of the Canadian company for $8.3 billion, or $8 per Talisman stock. The per-share price represents a 24% premium to the […]
Read moreDecember 16, 2014 9:47 am
Natural gas gained for a second session in three on Tuesday as forecasts predicted a colder end of the year. On the New York Mercantile Exchange, natural gas for delivery in January rose 1.18% to $3.763 per million British thermal units by 9:26 GMT, having shifted in a daily range between $3.789 and $3.720 per […]
Read moreDecember 16, 2014 8:53 am
Friday’s trade saw USD/CAD within the range of 1.1548-1.1673. The pair closed at 1.1670, gaining 0.71% on a daily basis. At 8:43 GMT today USD/CAD was down 0.18% for the day to trade at 1.1647. The pair touched a daily low at 1.1633. Fundamentals United States Housing Starts and Building Permits The number of housing […]
Read moreDecember 16, 2014 8:13 am
Gold fell for a fifth trading session on Tuesday, marking its biggest daily decrease so far this year amid plunging oil prices, as investors closely observe the Fed meetings outcome. Comex gold for delivery in February dropped 0.75% to $1 197.90 per troy ounce by 07:53 GMT, having shifted in a daily range of $1 […]
Read moreDecember 16, 2014 8:01 am
Yesterday’s trade saw GBP/USD within the range of 1.5601-1.5746. The pair closed at 1.5637, losing 0.49% on a daily basis. At 7:56 GMT today GBP/USD was up 0.14% for the day to trade at 1.5657. The pair touched a daily high at 1.5671. Fundamentals United Kingdom Consumer inflation The cost of living in the United […]
Read moreDecember 16, 2014 7:41 am
Yesterday’s trade saw EUR/USD within the range of 1.2414-1.2479. The pair closed at 1.2437, losing 0.27% on a daily basis. At 7:38 GMT today EUR/USD was up 0.16% for the day to trade at 1.2453. The pair touched a daily high at 1.2464. Fundamentals Euro zone Preliminary Manufacturing and Services data Frances manufacturing PMI probably […]
Read moreDecember 16, 2014 7:24 am
Yesterday’s trade saw EUR/GBP within the range of 0.7907-0.7972. The pair closed at 0.7952, gaining 0.31% on a daily basis. At 7:19 GMT today EUR/GBP was up 0.04% for the day to trade at 0.7955. The pair touched a daily high at 0.7961. Fundamentals Euro zone Preliminary Manufacturing and Services data Frances manufacturing PMI probably […]
Read moreDecember 15, 2014 3:45 pm
Johnson Matthey PLC is selling its gold and silver refineries for £118 million as the company shifts its attention to its core chemicals and technology operations. Japan’s Asahi Holdings will take control over the plants in Salt Lake City, USA and Brampton in Canada, which employ around 340 people. Those facilities melt down old jewelry, […]
Read moreDecember 15, 2014 1:44 pm
Recall Holdings Ltd rejected a takeover approach from rival information storage company Iron Mountain and said the bid was undervalued. This is the latest Iron Mountain attempt at an acquisition, as both companies have been looking for opportunities to buy smaller rivals through the past year. Recalls board unanimously rejected the A$2.2 billion bid as […]
Read moreDecember 15, 2014 11:00 am
PetSmart Inc has agreed to be bought by a consortium led by Europes private equity firm BC Partners for $8.7 billion, in the largest leveraged buyout of the year. The consortium, including La Caisse de dépôt et placement du Québec and StepStone, will acquire PetSmart for $83 per share, or around 6.42% premium to the […]
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