November 15, 2014 9:26 am
Amazon.com Inc. struck a new multi-year publishing deal with Hachette Book Group over print and digital books, bringing to an end a dispute started in early May. The main problem lied in the disagreement on how e-books should be priced and what part of their revenue should each party involved get. In line with the […]
Read moreNovember 14, 2014 2:12 pm
Alibaba Group Holding Ltd. unveiled its first U.S. bond sale, following a significant stock price increase since its record $25 billion initial public offering. Asia’s largest Internet company will try to raise as much as $8 billion in the upcoming weeks, according to people with knowledge on the matter. An initiative of that size would […]
Read moreNovember 14, 2014 1:38 pm
United Parcel Service Inc. unveiled a five-year plan, including aggressive cost-cutting measures, as the company tries to grasp aspiring growth goals. UPS said the boom in online retailing is an opportunity for the company and not a threat. In line with this view, the company projected full-year earnings per share to range between $4.90 and […]
Read moreNovember 14, 2014 11:31 am
Twitter Inc has received junk rating for its bonds from Standard & Poors as the company faces investor pressure due to slowing user growth and management turnover. The company and its $1.8 billion in convertible notes were rated BB-, three levels below investment grade, by the credit rating agency. S&P also said Twitters financial risk […]
Read moreNovember 14, 2014 10:12 am
Yesterday’s trade saw USD/BRL within the range of 2.5604-2.6092. The pair closed at 2.5890, gaining 0.88% on a daily basis. At 9:51 GMT today USD/BRL was unchanged for the day to trade at 2.5889. The pair touched a daily high at 2.5899 at 7:35 GMT. Fundamentals United States Retail Sales Retail sales in the United […]
Read moreNovember 14, 2014 9:57 am
Airbus Group reported strong performance for the first nine months, but said full-year results could be affected by additional costs related to its A400M military airlifter program. For the recent quarter, Toulouse, France-based Airbus stated net income of €264 million, down 41% from a year earlier, when they stood at €445 million. The company sold […]
Read moreNovember 14, 2014 9:34 am
Yesterday’s trade saw USD/CAD within the range of 1.1296-1.1393. The pair closed at 1.1366, gaining 0.44% on a daily basis. At 9:27 GMT today USD/CAD was up 0.04% for the day to trade at 1.1375. The pair touched a daily high at 1.1393 at 6:15 GMT. Fundamentals United States Retail Sales Retail sales in the […]
Read moreNovember 14, 2014 8:44 am
Viacom Inc. reported better-than-expected results for the quarter ended September, boosted by the “Transformers: Age of Extinction” and “Teenage Mutant Ninja Turtles” movies. Viacom, owner of the Paramount movie studio and cable network MTV and Comedy Central, stated a 9% increase in revenue to $3.99 billion, compared to last years result of $3.65 billion. Analysts […]
Read moreNovember 14, 2014 8:25 am
Yesterday’s trade saw EUR/USD within the range of 1.2424-1.2492. The pair closed at 1.2476, gaining 0.30% on a daily basis. At 8:17 GMT today EUR/USD was down 0.20% for the day to trade at 1.2451. The pair broke the first key daily support and touched a daily low at 1.2427 at 6:05 GMT. Fundamentals Euro […]
Read moreNovember 14, 2014 7:39 am
Yesterday’s trade saw EUR/HKD within the range of 9.6338-9.6887. The pair closed at 9.6754, gaining 0.31% on a daily basis. At 7:34 GMT today EUR/HKD was down 0.27% for the day to trade at 9.6484. The pair broke the first key daily support and touched a daily low at 9.6377 at 5:45 GMT. Fundamentals Euro […]
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