November 21, 2014 11:01 am
Brazils JBS SA, the world’s biggest meat producer, unveiled a plan to increase deliveries to Asia as the company acquired Primo Group, the largest ham-and-bacon producer in Australia and New Zealand. The deal will also allow JBS to produce higher-priced processed foods and market them on the Asian markets, where Primo already delivers. The move […]
Read moreNovember 21, 2014 9:50 am
BNP Paribas SA laid off some of its U.S. high-yield bond trading and sales team, as the new head of corporate and investment banking reshapes the division. According to people close to the matter, BNP fired eight employees from its bond trading team. The job trims were made the same day that the largest French […]
Read moreNovember 21, 2014 8:35 am
Yesterday’s trade saw CAD/MXN within the range of 11.9779-12.0820. The pair closed at 12.0805, gaining 0.59% on a daily basis. At 8:27 GMT today CAD/MXN was down 0.09% for the day to trade at 12.0663. The pair touched a daily low at 12.0488 at 5:55 GMT. Fundamentals Canada The annualized consumer inflation in Canada probably […]
Read moreNovember 21, 2014 8:25 am
AT&T Inc will pay $23.8 million in civil penalties under a settlement with the California state over allegations of illegally dumping hazardous waste. The settlement is pending an approval by the Alameda County Superior Court and marks the first enforcement action in California versus a telecommunications company over improperly handled and disposed hazardous waste. General […]
Read moreNovember 21, 2014 7:57 am
Yesterday’s trade saw USD/MXN within the range of 13.5730-13.6526. The pair closed at 13.6509, gaining 0.23% on a daily basis. At 7:55 GMT today USD/MXN was down 0.06% for the day to trade at 13.6450. The pair touched a daily low at 13.6366 at 7:46 GMT. Fundamentals Mexico Gross Domestic Product Mexicos annualized Gross Domestic […]
Read moreNovember 21, 2014 7:33 am
Yesterday’s trade saw USD/CAD within the range of 1.1288-1.1370. The pair closed at 1.1300, losing 0.36% on a daily basis. At 7:30 GMT today USD/CAD was up 0.06% for the day to trade at 1.1311. The pair touched a daily high at 1.1314 during early Asian trade. Fundamentals Canada The annualized consumer inflation in Canada […]
Read moreNovember 21, 2014 7:15 am
Yesterday’s trade saw EUR/CAD within the range of 1.4147-1.4265. The pair closed at 1.4169, losing 0.48% on a daily basis. At 7:12 GMT today EUR/CAD was up 0.06% for the day to trade at 1.4185. The pair touched a daily high at 1.4205 at 3:40 GMT. Fundamentals Canada Consumer prices The annualized consumer inflation in […]
Read moreNovember 20, 2014 3:57 pm
Dollar Tree Inc reported its biggest same-store sales growth since 2011 as the discount retailer raised its outlook and is nearing the acquisition of Family Dollar Stores Inc. Dollar Tree projected full-year earnings to range between $2.97 and $3.04 per share, up from its previous forecast of $2.94 and $3.06 per share. It also boosted […]
Read moreNovember 20, 2014 2:41 pm
ThyssenKrupp AG promised to resume dividend payments as the company ended a three-year period of multi-billion losses, boosted by a strong growth in its capital goods unit. The German steel and elevator group stated net profit of €195 million for the fiscal year ended September 30, versus a loss of €1.6 billion a year earlier. […]
Read moreNovember 20, 2014 1:20 pm
Target Corp reported quarterly profit that surpassed expectations, including its first increase in U.S. same-store sales in four quarters. The retailer reported a 2.8% gain in revenue to $17.73 billion for the quarter ended November 1, compared with revenue of $17.25 billion in the same period a year ago. Net income for the quarter stood […]
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