November 12, 2014 10:36 am
BMW Group AG reported increased deliveries of its BMW, Mini and Rolls-Royce vehicles due to strong Chinese sales. The German car manufacturer reported a revenue jump of slightly over 11% in October to 184 297 shipments, boosted by a 20% rise in Chinese sales and the introduction of a new Mini model. Interest in the […]
Read moreNovember 12, 2014 10:06 am
Natural gas continued to accumulate losses for a third consecutive day to drift further from a recently-hit four-month high on speculations of incoming warmer weather over the northern U.S. later this month. On the New York Mercantile Exchange, natural gas for delivery in December lost 1.34% to $4.190 per million British thermal units by 9:53 […]
Read moreNovember 12, 2014 9:31 am
Gold shifted between gains and losses after a moderate gain on Tuesday as the dollar remained strong near its four-year high while assets in the SPDR Gold Trust posted the longest losing streak in a year. Comex gold for delivery in December traded at $1 164.2 per troy ounce at 9:06 GMT, up 0.10% on […]
Read moreNovember 11, 2014 10:44 am
Vodafone Group PLC reported a smaller decline in service revenue in the second fiscal quarter boosted by growing demand in Europe. The British group stated a service revenue decline of only 1.5% for the second quarter, beating analysts projections for a 2.8% decrease and its Q1 performance of a 4.2% drop. The company recovered after […]
Read moreNovember 11, 2014 10:06 am
Natural gas continued its retreat from yesterdays four-month high on forecasts of moderating weather across the northern US later in the month. On the New York Mercantile Exchange, natural gas for delivery in December lost 2.61% to $4.144 per million British thermal units by 9:50 GMT. Prices ranged between $4.130 and $4.297. The contract fell […]
Read moreNovember 11, 2014 8:30 am
After its largest daily jump in five months on Friday, gold slid back to trade slightly above $1 130.4, its lowest since April 2010, as the dollar gained ground. Comex gold for delivery in December traded at $1 149.3 per troy ounce at 8:14 GMT, down 0.91% on the day. Prices held in a daily […]
Read moreNovember 10, 2014 3:49 pm
Samsung Electronics Co., the biggest smartphone manufacturer in the world, is nearing approval for its second plant in Thai Nguyen province and said it would invest as much as $3 billion in the project in an effort to expand its handset facilities in Vietnam and turn the country in one of its manufacturing centers. The […]
Read moreNovember 10, 2014 2:55 pm
Toll Brothers Inc, the largest U.S. luxury home builder reported a jump in profit, boosted by higher prices and strong performance by its West Coast division. The company reported a 29% increase in revenue for the fourth and final quarter of this business year to $1.35 billion versus 2013s Q4 revenue of $1.04 billion. The […]
Read moreNovember 10, 2014 2:03 pm
Lonmin PLCs CEO said the company does not need to raise additional funds this year as it reported a 37% decline in revenue, a result of a five-month strike. “We see no need at this juncture, given what we know, we have sufficient bank facilities” CEO Ben Magara said on a conference call, pointing towards […]
Read moreNovember 10, 2014 11:46 am
Serco Group PLC reduced its full-year profit target as it announced a £550-million rights issue and identified £1.5 billion of likely impairments and charges. The company, which provides outsource services to governments such as managing the custody of prisoners, said in an unscheduled announcement that it now expects full-year operating profit to be between £130 […]
Read more
