January 20, 2015 10:51 am
Twitter Inc announced on Tuesday that it had reached a deal to acquire Indias marketing start-up company ZipDial, marking its push into emerging markets. Bangalore-based company specializes in “missed call” marketing. ZipDial provides its clients, including IBM, Yum! and Procter & Gamble among others, with specific phone numbers, which when called trigger a return call […]
Read moreJanuary 20, 2015 9:25 am
Germanys SAP SE announced on Tuesday a reduction of its 2017 operating profit target, citing lower margins during the companys transition period to cloud-based products. The largest business software company in Europe said it now expects operating profit for 2017 to range between €6.3 billion to €7 billion on a revenue of €21 billion to […]
Read moreJanuary 20, 2015 9:10 am
Yesterday’s trade saw USD/CAD within the range of 1.1930-1.1987. The pair closed at 1.1939, losing 0.27% on a daily basis. On Friday the cross touched its highest level since April 29th 2009 at 1.2046. During the week ended on January 16th USD/CAD registered its eight consecutive weekly gain, rising 0.99%. At 9:08 GMT today USD/CAD […]
Read moreJanuary 20, 2015 8:41 am
Yesterday’s trade saw EUR/USD within the range of 1.1544-1.1641. The pair closed at 1.1605, gaining 0.38% on a daily basis. On Friday the cross fell to lows unseen since November 11th 2003 at 1.1459. During the week ended on January 16th EUR/USD registered its fifth consecutive weekly loss, falling 2.31%. At 8:37 GMT today EUR/USD […]
Read moreJanuary 20, 2015 8:06 am
Gold held below its highest in four months on Tuesday amid a strengthening dollar days before the probable launch of the European Central Banks quantitative easing program. Comex gold for delivery in February was up 0.16% at $1 279.0 per troy ounce at 07:53 GMT, shifting in a daily range of $1 282.0 – $1 […]
Read moreJanuary 20, 2015 8:05 am
Yesterday’s trade saw USD/CHF within the range of 0.8574-0.8804. The pair closed at 0.8796, gaining 2.48% on a daily basis. At 8:02 GMT today USD/CHF was down 0.23% for the day to trade at 0.8775. The pair touched a daily low at 0.8774 at 8:01 GMT. Fundamentals United States NAHB Housing Market Index The National […]
Read moreJanuary 20, 2015 7:21 am
Yesterday’s trade saw EUR/GBP within the range of 0.7613-0.7687. The pair closed at 0.7680, gaining 0.59% on a daily basis. At 7:13 GMT today EUR/GBP was down 0.07% for the day to trade at 0.7675. The pair touched a daily low at 0.7669 at 7:05 GMT. Fundamentals Euro zone Italian Balance of trade The surplus […]
Read moreJanuary 19, 2015 4:05 pm
Chocolate maker Thorntons Plc reported a 7.8% increase in like-for-like sales during December boosted by strong demand for boxed chocolates, seasonal specialties and advent calendars. Thorntons retail division reported a 2.4% decrease in sales to £44.9 million. However, like-for-like sales in the unit increased 5% during the second quarter, boosted by the robust holiday performance, […]
Read moreJanuary 19, 2015 2:38 pm
Japans Sharp Corp announced on Monday that its full-year earnings are likely to fall short of expectations due increasing competition in the display industry and the weaker yen. Sharp, which supplies Apple with screen used in its iPhones, is facing severe competition from Asian rivals who are pressuring overall industry prices down. The company also […]
Read moreJanuary 19, 2015 1:12 pm
Frances Renault announced on Monday a 3.2% increase in global vehicle deliveries in 2014 boosted by a strong demand for its budget Dacia brand in Europe. Renault delivered a total of 2 712 432 vehicles through the past year. However, Renault said that its performance lagged behind the global automotive market, which climbed by 3.5%. […]
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