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Sony Corp share price down, announces new cloud-based TV service

November 13, 2014 3:44 pm
Sony Corp unveiled its latest project, the PlayStation Vue, a service which provides access to live TV and on-demand content without being connected through a cable or satellite. The company said the video streaming service will be released for beta testing later this month in the New York area. Initially PlayStation Vue will offer around […] Read more

Air Berlin PLC share price down, revenue falls as it warns of wider net loss

November 13, 2014 3:30 pm
Air Berlin PLC stated lower revenue for the third quarter and said net loss could be bigger than previously expected because of costs related to the plan to return the company to profit. Net loss could exceed €350 million, projected Germanys second biggest carrier, as it reported a 2.5% decline in revenue to €1.31 billion […] Read more

Hasbro Inc share price up, in talks to buy DreamWorks Animation

November 13, 2014 1:42 pm
Hasbro Inc is in talks to acquire DreamWorks Animation SKG, which previously negotiated with several other potential buyers, including SoftBank. The deal would bring the creator of the Shrek and Kung Fu Panda movies under one roof with the maker of My Little Pony, Twister and Monopoly, as both companies seek opportunities to move beyond […] Read more

Ericsson share price up, plans to cut jobs as part of cost-saving plan

November 13, 2014 1:32 pm
Ericsson, the world’s biggest maker of wireless networks, announced a plan to cut costs, including the reduction of workforce, as the telecom-equipment supplier aims for around 9 billion Swedish kronor in savings. Stockholm-based Ericsson said the plan is expected to take full effect in 2017. Under the strategy the company will streamline its product portfolio […] Read more

Forex Market: USD/CAD daily trading forecast

November 13, 2014 10:35 am
Yesterday’s trade saw USD/CAD within the range of 1.1277-1.1360. The pair closed at 1.1316, losing 0.14% on a daily basis. At 10:31 GMT today USD/CAD was down 0.11% for the day to trade at 1.1308. The pair touched a daily low at 1.1302 at 9:00 GMT. Fundamentals United States Initial, Continuing jobless claims The number […] Read more

Google share price down, YouTube launches paid subscription service

November 13, 2014 10:33 am
Google Incs YouTube unveiled its long-awaited monthly subscription service called YouTube Music Key. The company announced that its new service is expected to launch in the upcoming weeks. The subscription will start at $7.99 per month and features add-free service with the ability to watch offline videos and listen to music while the phone is […] Read more

Forex Market: USD/PLN daily trading forecast

November 13, 2014 9:54 am
Yesterday’s trade saw USD/PLN within the range of 3.3731-3.3964. The pair closed at 3.3887, gaining 0.42% on a daily basis. At 9:51 GMT today USD/PLN was up 0.09% for the day to trade at 3.3858. The pair touched a daily high at 3.3933. Fundamentals United States Initial, Continuing jobless claims The number of people in […] Read more

EON share price down, income decreases on lower electricity prices and weaker currencies

November 13, 2014 9:06 am
E.ON SE reported decreased net income for the first nine months due to lower power prices and weaker Russian ruble. Germanys biggest utility by market capitalization reported underlying net profit of €1.435 billion, a 25% decrease compared with the €1.901 billion a year earlier. Lower power prices in Germany and across Europe crippled E.ONs performance. […] Read more

Forex Market: EUR/GBP daily trading forecast

November 13, 2014 8:39 am
Yesterday’s trade saw EUR/GBP within the range of 0.7799-0.7891. The pair closed at 0.7882, gaining 0.59% on a daily basis. At 8:35 GMT today EUR/GBP was up 0.18% for the day to trade at 0.7899. The pair broke the first key weekly resistance and touched a daily high at 0.7903 at 8:10 GMT. Fundamentals Euro […] Read more

Forex Market: EUR/JPY daily trading forecast

November 13, 2014 8:16 am
Yesterday’s trade saw EUR/JPY within the range of 143.30-144.72. The pair closed at 143.65, losing 0.55% on a daily basis. At 8:11 GMT today EUR/JPY was up 0.33% for the day to trade at 144.13. The pair touched a daily high at 144.32 at 7:35 GMT. Fundamentals Euro zone Italian consumer inflation Italys final annualized […] Read more