January 16, 2015 9:55 am
Intel Corp, the worlds largest chipmaker, reported a 39% increase in net income during the fourth quarter of 2014, driven by higher demand for server chips and stronger PC sales. In the quarter ended September 27 Intel reported record revenue of $14.7 billion, up 6% compared to Q4 of 2013. Net income stood at $3.7 […]
Read moreJanuary 16, 2015 9:23 am
Yesterday’s trade saw USD/CAD within the range of 1.1799-1.1997. The pair closed at 1.1960, gaining 0.08% on a daily basis. At 9:19 GMT today USD/CAD was up 0.22% for the day to trade at 1.1981. The pair touched a daily high at 1.1985 during the Asian session. Fundamentals United States Consumer prices The annualized consumer […]
Read moreJanuary 16, 2015 8:30 am
Yesterday’s trade saw EUR/USD within the range of 1.1567-1.1796. The daily low has also been the lowest level since November 12th 2003. The pair closed at 1.1630, losing 1.35% on a daily basis. At 8:20 GMT today EUR/USD was up 0.04% for the day to trade at 1.1636. The pair touched a daily high at […]
Read moreJanuary 16, 2015 8:18 am
Citigroup Inc reported on Thursday that its fourth-quarter performance was hurt by a decline in trading revenue and a previously announced legal charge. Net income fell 86% to $350 million in the three months ended December 31, after a $3.5 billion deduction in legal and restructuring charges. During the same quarter of 2013, Citigroup stated a […]
Read moreJanuary 16, 2015 8:12 am
Yesterday’s trade saw USD/CHF within the range of 0.7360-1.0221. The pair closed at 0.8582, losing 15.76% on a daily basis. At 8:07 GMT today USD/CHF was up 4.13% for the day to trade at 0.8758. The pair touched a daily high at 0.8807 at 7:25 GMT. Fundamentals United States Consumer prices The annualized consumer inflation […]
Read moreJanuary 16, 2015 8:12 am
Gold slipped on Friday to end five days of increases but remained near a four-month high and is headed for a second weekly jump as a surprise move from Switzerland boosted safe-heaven demand. Comex gold for delivery in February dropped 0.51% to $1 258.3 per troy ounce by 07:53 GMT, shifting in a daily range […]
Read moreJanuary 16, 2015 7:23 am
Yesterday’s trade saw EUR/GBP within the range of 0.7626-0.7746. The pair closed at 0.7659, losing 1.00% on a daily basis. At 7:21 GMT today EUR/GBP was unchanged for the day to trade at 0.7659. The pair touched a daily high at 0.7673 at 7:00 GMT. Fundamentals Euro zone Euro area consumer inflation – final estimate […]
Read moreJanuary 15, 2015 2:59 pm
Bank of America Corp, the second-largest US lender, announced on Thursday that its fourth-quarter profit fell, largely due to decline in revenue from fixed-income trading. Net income for the three months ended December 31 slided to $3.1 billion, compared to a net income of $3.4 billion a year earlier. Earnings per share stood at $0.25, […]
Read moreJanuary 15, 2015 1:22 pm
Google Inc has initiated negotiations with the worlds major car companies to speed-up the development of self-driving vehicles and release them by 2020. The internet giant has not yet decided whether to participate in the self-driving vehicle market as a manufacturer or a supplier of technology to already proven carmakers. “Wed be remiss not to […]
Read moreJanuary 15, 2015 11:13 am
BlackBerry Ltd and Samsung Electronics have both denied rumors that the South Korean technology giant has made an acquisition offer to the Canadian company. “BlackBerry has not engaged in discussions with Samsung with respect to any possible offer to purchase BlackBerry,” the company said in statement, outlining that it does not intent to further comment […]
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