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Sony share price up, to delay quarter results after hacker attack

January 23, 2015 2:10 pm
Sony Corp. announced on Friday it expects to delay its quarterly report as the Japanese company deals with disruptions caused by the hacker attack in November. Sony said it had asked the Financial Services Agency of Japan to extend the deadline by which the company must report its third-quarter results from February 16 to March […] Read more

Family Dollar share price up, shareholders approve Dollar Tree merger

January 23, 2015 12:41 pm
Family Dollars shareholders accepted a merger offer from fellow discount retailer Dollar Tree, ending a six-month bid war with the market leader Dollar General. Outstanding shares that voted in favor of the merger offer were 74% of Family Dollars 114 million as of last October, the company announced on Thursday at an investor meeting in […] Read more

DreamWorks share price up, restructuring takes away 500 jobs

January 23, 2015 10:36 am
DreamWorks Animation SKG Inc announced on Thursday it will cut its workforce by nearly a quarter as a part of a new strategic plan to restructure its core feature animation business. The company said that under the leadership of Arnold and Mireille Soria, newly appointed as co-presidents of its animated film business, the division will […] Read more

RBC share price down, reaches for Hollywood

January 23, 2015 9:03 am
Royal Bank of Canada agreed to acquire City National Corp and its high-profile client base for around $5.4 billion, marking its largest takeover yet amid slowing growth at its domestic market. Canadas second largest bank by assets will pay $47.25 in cash and 0.7489 in shares, bringing the total value of deal up to $93.80 […] Read more

Forex Market: USD/CAD daily trading forecast

January 23, 2015 8:57 am
Yesterday’s trade saw USD/CAD within the range of 1.2310-1.2421. The daily high has also been the highest level since April 22nd 2009. The pair closed at 1.2381, gaining 0.32% on a daily basis. At 8:53 GMT today USD/CAD was down 0.07% for the day to trade at 1.2372. The pair touched a daily low at […] Read more

Forex Market: EUR/USD daily trading forecast

January 23, 2015 8:16 am
Yesterday’s trade saw EUR/USD within the range of 1.1316-1.1647. The daily low has also been the lowest level since September 19th 2003. The pair closed at 1.1366, tumbling 2.10% on a daily basis. At 8:07 GMT today EUR/USD was down 0.06% for the day to trade at 1.1355. The pair broke the first key weekly […] Read more

Forex Market: EUR/CHF daily trading forecast

January 23, 2015 8:00 am
Yesterday’s trade saw EUR/CHF within the range of 0.9842-1.0033. The pair closed at 0.9888, losing 0.77% on a daily basis, which also marked a third consecutive daily drop. At 7:54 GMT today EUR/CHF was down 0.08% for the day to trade at 0.9894. The pair touched a daily low at 0.9868 at 6:00 GMT. Fundamentals […] Read more

Forex Market: EUR/GBP daily trading forecast

January 23, 2015 7:43 am
Yesterday’s trade saw EUR/GBP within the range of 0.7553-0.7677. The pair closed at 0.7570, losing 1.26% on a daily basis. At 7:37 GMT today EUR/GBP was down 0.11% for the day to trade at 0.7562. The pair touched a daily low at 0.7552 at 6:00 GMT. Fundamentals Euro zone Manufacturing and Services PMI – preliminary […] Read more

Union Pacific share price up, posts better-than-expected quarterly profit

January 22, 2015 3:43 pm
Union Pacific Corp, announced on Thursday its quarterly profit increased above analysts expectations as the largest US railroad operator continued to benefit from higher freight rates. Net profit for the fourth quarter stood at $1.43 billion, up 22% compared to a year earlier. Earnings per share were $1.61, 27% better than the result posted in […] Read more