December 27, 2014 12:55 pm
Amazon.com Inc announced on Friday that it had expanded its Prime customer base with more than 10 million new members during the holidays. Prime members, who pay $99 a year in order to get unlimited free two-day shipping, are projected to spent twice as much as regular members and Amazon considers them vital to its […]
Read moreDecember 27, 2014 12:31 pm
Friday’s trade saw USD/CHF within the range of 0.9832-0.9885. The pair closed at 0.9878, gaining 0.35% on a daily basis and 0.43% for the whole week. On Monday (December 29th) the cross may be influenced by the fundamentals listed below. Fundamentals Switzerland UBS Consumption Indicator At 7:00 GMT the UBS is expected to release data […]
Read moreDecember 26, 2014 1:56 pm
Yesterday’s trade saw USD/RUB within the range of 51.843-54.218. The daily low was also the lowest level since December 2nd. The pair closed at 53.100, losing 0.84% on a daily basis. At 13:47 GMT today USD/RUB was up 6.05% for the day to trade at 54.297. The pair broke the first key daily resistance level […]
Read moreDecember 26, 2014 11:30 am
RadioShack Corp has picked up the pace in store closures in line with its plan to reduce size, but the struggling electronics retailer is a long way from done. RadioShack has shut down more stores in the past two months compared to the rest of the year, however, it has only eliminated one fifth of […]
Read moreDecember 25, 2014 3:48 pm
Sony Pictures Entertainments “The Interview” was made available for online viewing on platforms, including Google Play, Youtube, Microsofts Xbox video and a dedicated Sony website, and will be released in around 300 cinemas around the US on Christmas day. Last week Sony pulled out the title after the biggest US cinema chains said that they […]
Read moreDecember 25, 2014 1:10 pm
Yesterday’s trade saw USD/JPY within the range of 120.24-120.78. The pair closed at 120.50, losing 0.16% on a daily basis. At 13:06 GMT today USD/JPY was up 0.03% for the day to trade at 120.48, which is also the pairs current daily high. Fundamentals Japan Consumer inflation Annualized consumer inflation in Japan probably remained steady […]
Read moreDecember 24, 2014 9:50 am
Coca-Cola Co intends to trim its workforce by at least 1 000 to 2 000 employees globally in line with its cost-cutting $3-billion plan announced in October, after the beverage maker posted disappointing results for the third quarter. Under its plan Atlanta-based Coca-Cola will be undertaking its largest employee lay off in 15 years during […]
Read moreDecember 24, 2014 9:25 am
Yesterday’s trade saw USD/JPY within the range of 119.98-120.83. The daily high was the highest level since December 9th. The pair closed at 120.69, gaining 0.52% on a daily basis. At 9:23 GMT today USD/JPY was down 0.22% for the day to trade at 120.43. The pair touched a daily low at 120.28 at 5:45 […]
Read moreDecember 23, 2014 3:39 pm
Walgreen Co, the biggest US drugstore chain by revenue, reported Q1 results above analysts expectations, boosted by cost cuts and robust pharmacy sales. For the first quarter ended November 30, Walgreen stated a 6.7% yearly increase in sales to $19.6 billion, helped by a company record of 222 million filed prescriptions, or 4.3% more compared […]
Read moreDecember 23, 2014 1:36 pm
Thorntons Plc announced on Tuesday that its full-year earnings are expected to decrease compared to last years as the British chocolate maker faces difficulties in its UK commercial channel. The company said it had experienced a “significant reduction” in expected orders from major grocers in the run-up to Christmas. Alfreton, England-based Thorntons, with customers like […]
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