October 27, 2014 8:17 am
Friday’s trade saw EUR/GBP within the range of 0.7868-0.7903. The pair closed at 0.7874, losing 0.19% on a daily basis. At 8:08 GMT today EUR/GBP was up 0.12% for the day to trade at 0.7886. The pair touched a daily high at 0.7894 at 5:10 GMT. Fundamentals Euro zone Business conditions in Germany Business climate […]
Read moreOctober 27, 2014 7:52 am
Friday’s trade saw EUR/CHF within the range of 1.2049-1.2076. The pair closed at 1.2062, losing 0.04% on a daily basis. At 7:50 GMT today EUR/CHF was up 0.03% for the day to trade at 1.2064. The pair touched a daily high at 1.2068 at 3:35 GMT. Fundamentals Euro zone Business conditions in Germany Business climate […]
Read moreOctober 27, 2014 7:22 am
Friday’s trade saw EUR/JPY within the range of 136.44-137.11. The pair closed at 137.04, gaining 0.09% on a daily basis. At 6:18 GMT today EUR/JPY was up 0.06% for the day to trade at 137.10. The pair touched a daily high at 137.25 at 3:00 GMT. Fundamentals Euro zone Business climate in Germany probably worsened […]
Read moreOctober 26, 2014 8:16 am
Friday’s trade saw EUR/USD within the range of 1.2633-1.2695. The pair closed at 1.2671, gaining 0.19% on a daily basis, while losing 0.72% for the whole week. Fundamentals Euro zone Business climate in Germany probably worsened in October, with the respective gauge slipping to 104.1 from 104.7 in September. If so, this would be the […]
Read moreOctober 25, 2014 8:56 am
Ford Motor Co. reported a decrease in earnings, but beat Wall Streets expectations due to strong performance in China. The American automaker stated a third-quarter decrease in net income to $835 million or $0.21 earnings per share, compared to last years $1.27 billion, or $0.31 per share. Excluding one-time items, earnings were $0.24 per share, […]
Read moreOctober 25, 2014 7:33 am
Friday’s trade saw EUR/HKD within the range of 9.8004-9.8487. The pair closed at 9.8288, gaining 0.19% on a daily basis, while losing 0.73% for the whole week. Fundamentals Euro zone German business conditions Business climate in Germany probably worsened in October, with the respective gauge slipping to 104.1 from 104.7 in September. If so, this […]
Read moreOctober 24, 2014 1:05 pm
Spirit Pub Company Plc has rebuffed a takeover approach from C & C Group but gave the Irish drinks maker time to come back with a formal offer. Spirit Pub confirmed that C & C approached them regarding a possible offer. “The board of Spirit has reviewed the proposal and rejected it” the company said […]
Read moreOctober 24, 2014 11:47 am
Toyota Motor Corp. sold a part of its shares in Tesla Motors Inc., as the Japanese automotive manufacturer bets on fuel cell vehicles. Back in 2010 the worlds biggest vehicle maker spent $50 million for a 3.2% stake in Tesla. Since then its investment has grown to $690 million, according to Bloomberg, and accounted for […]
Read moreOctober 24, 2014 9:18 am
Lazard Ltd., the largest independent investment bank, reported better-than-expected third-quarter profit thanks to the recent jump in M&A activity. The company reported a 44% increase in net income in the quarter ended September 30, as operating revenue from the financial advisory business rose 24% to $248 million. “Lazard should be a direct beneficiary of what […]
Read moreOctober 24, 2014 8:00 am
AMC Networks Inc. purchased a 49.9% stake in BBC America and took operational control, as the companies formed a union to help them in negotiations with pay-TV carriers. In a statement from both companies, they described the $200-million deal as a “long-term creative partnership” which would give them access to more premium content and grow […]
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