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SABMiller share price up, revenue rises despite lower China volumes

January 21, 2015 1:04 pm
SABMiller Plc, the worlds second-largest brewer, reported on Wednesday an increase in third quarter revenue, but said gains were capped by lower demand in China. Net producer revenue, which accounts for excise and other taxes, climbed 4% in the three months to December 31, mirroring analysts expectations. “We continued to drive steady net producer revenue […] Read more

Toyota share price down, sees lower sales and production in 2015

January 21, 2015 10:49 am
Toyota Motor Corp kept its tittle as the worlds biggest car manufacturer, but projected a sales drop in 2015 on Wednesday, citing lower demand for its vehicles in Japan and Indonesia among other countries. The Japanese carmaker delivered 10.23 million vehicles last year, 3% better compared to 2013. Toyotas performance was also above Volkswagens sales, […] Read more

Netflix share price up, to expand operations to 200 countries by 2016

January 21, 2015 9:26 am
Netflix Inc announced plans to complete its global expansion over the next two years, faster than expected, despite decreasing subscriber growth in its domestic market. The US video streaming service plans to expand its global reach to around 200 countries. The company said that it currently has establish operations in about 50 countries and has […] Read more

Forex Market: USD/CAD daily trading forecast

January 21, 2015 8:25 am
Yesterday’s trade saw USD/CAD within the range of 1.1932-1.2117. The daily high has also been the highest level since April 29th 2009. The pair closed at 1.2114, gaining 1.47% on a daily basis. At 8:20 GMT today USD/CAD was down 0.17% for the day to trade at 1.2091. The pair touched a daily low at […] Read more

Gold trading outlook: futures extend gains on growth concerns

January 21, 2015 8:21 am
Gold edged up on Wednesday to trade near $1 300 an once as worries about global growth and the possible launch of a stimulus program from the ECB prompted investors to seek the safety of the metal. Comex gold for delivery in February climbed 0.23% to $1 297.2 per troy ounce by 08:02 GMT, shifting […] Read more

Forex Market: EUR/USD daily trading forecast

January 21, 2015 8:06 am
Yesterday’s trade saw EUR/USD within the range of 1.1539-1.1616. The daily low has also been the lowest level since November 11th 2003. The pair closed at 1.1550, losing 0.47% on a daily basis. At 7:59 GMT today EUR/USD was up 0.02% for the day to trade at 1.1555. The pair touched a daily high at […] Read more

Forex Market: USD/CHF daily trading forecast

January 21, 2015 7:47 am
Yesterday’s trade saw USD/CHF within the range of 0.8682-0.8842. The pair closed at 0.8758, losing 0.43% on a daily basis. At 7:41 GMT today USD/CHF was down 0.15% for the day to trade at 0.8739. The pair touched a daily low at 0.8708 at 6:40 GMT. Fundamentals United States Housing Starts, Building Permits The number […] Read more

Forex Market: EUR/GBP daily trading forecast

January 21, 2015 7:21 am
Yesterday’s trade saw EUR/GBP within the range of 0.7609-0.7694. The pair closed at 0.7627, losing 0.69% on a daily basis. At 7:18 GMT today EUR/GBP was unchanged for the day to trade at 0.7627. The pair touched a daily low at 0.7622 during early Asian trade. Fundamentals United Kingdom Bank of England minutes At 9:30 […] Read more

Johnson & Johnson share price down, sales slide on stronger dollar

January 20, 2015 4:10 pm
Johnson & Johnson stated a 0.6% decline in sales during the fourth quarter as a stronger US dollar dented profits from the companys international division. The worlds largest maker of health-care products projected its 2015 adjusted earnings per share to range between $6.12 and $6.27. The estimate, however, does not include the impact of intangible […] Read more

Rio Tinto share price up, reaches a record of iron ore shipments

January 20, 2015 2:36 pm
Rio Tinto Plc, the worlds second-largest mining company, said on Tuesday it had increased its global iron ore shipments by 17% during the past year. Rio Tinto said it had sold 302.6 million tons of iron ore during 2014, including the 11% increase in output to 295 million tons through the year. “We have had […] Read more