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 moreNovember 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 moreNovember 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 moreNovember 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 moreNovember 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 moreNovember 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 moreNovember 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 moreNovember 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 moreNovember 12, 2014 2:39 pm
Yahoo! Inc agreed to acquire the automated advertising service BrightRoll, boosting its presence in the video-ad real-time market. The internet portal announced it would pay around $640 million to purchase the start-up company. This would be the second-largest acquisition since Marissa Mayer became CEO two years ago. The deal would bolster Yahoo!s advertising power and potentially help […]
Read moreNovember 12, 2014 11:23 am
Daimler AG said it would release new high-end versions of its Mercedes-Benz S-Class, including a sports utility vehicle and a luxury limousine carrying the Maybach emblem. Daimler AG said that the Maybach logo will be brought back to life as a sub-brand of Mercedes. The limousine is expected to challenge BWMs ultra-luxury Rolls-Royce brand and […]
Read more
