January 30, 2015 4:03 pm
AbbVie Inc. reported on Friday quarterly results that exceeded projections boosted by strong performance of its arthritis Humira drug, but merger-related costs led to a net loss. The US drugmaker reported net sales of $5.45 billion for the three months ended December 31, up 6.7% compared to a year ago. Analysts polled by Thomson Reuters […]
Read moreJanuary 30, 2015 2:25 pm
BT Group Plc will inject £1.5 billion into its pension plan by the end of April, outlining efforts to reduce its growing deficit amid stronger profits and network upgrade. The company has agreed to a 16-year recovery plan with the pension trustees, including a injection of £1.5 billion over the next three months and an […]
Read moreJanuary 30, 2015 1:05 pm
Google Inc announced on Thursday a slower-than-expected revenue growth due to the stronger dollar and falling prices on online advertisement. The Mountain View, California-based company reported revenue of $18.1 billion for the three months ended December 31, up from the $15.71 billion reported in the last quarter of 2013. However, analysts surveyed by Thomson Reuters […]
Read moreJanuary 30, 2015 10:46 am
International Airlines Group and Qatar Airways announced on Friday that the state-owned carrier had acquired a 9.99% stake in the parent of British Airways. In line with the agreement, which is valued at around £1.2 billion, Qatar Airways became the biggest shareholder in IAG, outlining further strengthening of the partnership between the two companies. “Were […]
Read moreJanuary 30, 2015 9:24 am
Yesterday’s trade saw USD/CAD within the range of 1.2507-1.2678. The daily high has also been the highest level since March 18th 2009, when a high of 1.2755 was recorded. The pair closed at 1.2617, gaining 0.64% on a daily basis. At 9:20 GMT today USD/CAD was up 0.28% for the day to trade at 1.2652. […]
Read moreJanuary 30, 2015 9:17 am
Amazon.com Inc rebounded from recent quarterly losses and reported results above expectations during the last three months of 2014, boosted by strong Prime user growth. The e-commerce giant stated net income of $214 million for the three months ended December 31, following losses of $126 million and $437 million reported for the two previous quarters […]
Read moreJanuary 30, 2015 8:50 am
Yesterday’s trade saw EUR/USD within the range of 1.1262-1.1366. The pair closed at 1.1335, gaining 0.41% on a daily basis. At 8:42 GMT today EUR/USD was up 0.22% for the day to trade at 1.1342. The pair touched a daily high at 1.1353 at 8:35 GMT. Fundamentals Italian unemployment The rate of unemployment in Italy […]
Read moreJanuary 30, 2015 8:07 am
Gold edged up on Friday but still headed for its worst weekly performance in two months as the US dollar firmed. Comex gold for delivery in February climbed 0.57% to $1 261.7 per troy ounce by 07:49 GMT, shifting in a daily range of $1 257.0 – $1 263.6. The precious metal lost 2.43% on […]
Read moreJanuary 30, 2015 7:46 am
Yesterday’s trade saw EUR/CHF within the range of 1.0197-1.0467. The pair closed at 1.0457, surging 2.32% on a daily basis. At 7:40 GMT today EUR/CHF was up 0.21% for the day to trade at 1.0474. The pair broke the first two key weekly resistance levels and touched a daily high at 1.0480 at 7:42 GMT. […]
Read moreJanuary 30, 2015 7:29 am
Yesterday’s trade saw EUR/GBP within the range of 0.7442-0.7528. The pair closed at 0.7517, gaining 0.80% on a daily basis. At 7:27 GMT today EUR/GBP was up 0.11% for the day to trade at 0.7520. The pair touched a daily high at 0.7527 at 7:05 GMT. Fundamentals Euro area Spanish Gross Domestic Product – preliminary […]
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