November 26, 2014 1:37 pm
Thomas Cook Group Plcs shares plummeted by more than a quarter after the sudden departure of CEO Harriet Green, credited for reviving the British holiday company. Ms. Green, 52, joined the 173-year-old travel company back in 2012, when shares of Thomas Cook were trading for 14 pence and it had a market capitalization of £148 […]
Read moreNovember 26, 2014 11:30 am
Natural gas fell slightly after a one-day gain amid mixed weather forecasts predicting a colder Thanksgiving period, but also an overall mild start to December. Investors eyed Wednesdays EIA natural gas stockpiles report. Natural gas for delivery in January lost 0.45% to $4.383 per million British thermal units by 11:14 GMT. Prices held in a […]
Read moreNovember 26, 2014 10:38 am
Apple Inc reached a market capitalization of more than $700 billion during the morning trading session on Tuesday, double the value compared to 2011 when Tim Cook was appointed as CEO. In August Apple passed the $100 level and pushed further, reaching several consecutive highs thanks to the built up hype around the release of […]
Read moreNovember 26, 2014 8:59 am
Both West Texas Intermediate and Brent crude fell slightly on Wednesday as OPEC members failed to commit to oil production cuts one day before the groups scheduled meeting. January US crude fell 0.35% on Wednesday to $73.83 per barrel by 08:38 GMT. Prices held in a daily range between $74.24 and $73.64 a barrel, the […]
Read moreNovember 26, 2014 8:13 am
Yesterday’s trade saw USD/MXN within the range of 13.6223-13.6833. The pair closed at 13.6705, gaining 0.13% on a daily basis. At 8:11 GMT today USD/MXN was down 0.10% for the day to trade at 13.6606. The pair touched a daily low at 13.6560. Fundamentals United States Orders for durable goods Durable goods orders in the […]
Read moreNovember 26, 2014 7:40 am
Yesterday’s trade saw USD/CAD within the range of 1.1232-1.1317. The pair closed at 1.1256, losing 0.21% on a daily basis. At 7:38 GMT today USD/CAD was down 0.01% for the day to trade at 1.1255. The pair touched a daily low at 1.1248. Fundamentals United States Orders for durable goods Durable goods orders in the […]
Read moreNovember 26, 2014 7:29 am
Yesterday’s trade saw GBP/SEK within the range of 11.6528-11.7064. The pair closed at 11.6554, losing 0.10% on a daily basis. At 7:27 GMT today GBP/SEK was up 0.12% for the day to trade at 11.6721. The pair touched a daily high at 11.6751. Fundamentals United Kingdom Gross Domestic Product – second estimate The second estimate […]
Read moreNovember 26, 2014 7:16 am
Yesterday’s trade saw EUR/GBP within the range of 0.7917-0.7943. The pair closed at 0.7939, gaining 0.28% on a daily basis. At 7:13 GMT today EUR/GBP was down 0.07% for the day to trade at 0.7935. The pair touched a daily low at 0.7934 at 7:12 GMT. Fundamentals Euro zone French Consumer confidence Confidence among consumers […]
Read moreNovember 25, 2014 4:07 pm
News Corp, owned by Rupert Murdoch, bought a minority share in the Indian property website PropTiger.com, as the first deal to come in an acquisition-spree in Indias developing e-commerce sector. “We see a big digital opportunity in India, where digital use is booming and demographics are favourable, and this is the first stage of that” […]
Read moreNovember 25, 2014 2:26 pm
Tencent Holdings Ltd, the Chinese internet gaming and social media group, is teaming up with Time Warners HBO network to distribute its TV series to online viewers in China. However, HBOs TV shows, including Game of Thrones, Boardwalk Empire and True Blood, are known for their provocative content and may attract the attention of China’s […]
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