June 18, 2015 10:03 am
Shares of Oracle Corp tumbled more than 6% in extended trading on Wednesday after the business software maker reported a larger-than-expected sales decline in the fourth fiscal quarter and missed profit forecasts. Oracle said that revenue in the three months through May 31st slid 5.4% to $10.7 billion, trailing analysts projections for $11 billion, and […]
Read moreJune 18, 2015 8:41 am
Natural gas fell for a second day in early European trading hours on Thursday ahead of what is expected to be another larger-than-average inventory build, while widespread warmth across the US and lower supply due to pipeline maintenance kept a floor under prices. Natural gas for delivery in July traded 0.63% lower at $2.837 per […]
Read moreJune 18, 2015 7:14 am
Yesterday’s trade saw GBP/USD within the range of 1.5850 – 1.5623 to settle 1.18% higher at 1.5833, rising for a fourth straight day. At 07:13 GMT today GBP/USD was up 0.01% for the day to trade at 1.5835. The cross held in a daily range of 1.5807 – 1.5851 and is up 1.8% for the […]
Read moreJune 17, 2015 9:58 am
Nestle SA, the worlds biggest food and drinks company, confirmed on Wednesday it will cut 15% of jobs in 21 African countries in hopes to break even next year after failing to accurately predict growth in the regions middle classes. The headcount reduction comes as turnover in the equatorial Africa region failed to deliver in […]
Read moreJune 17, 2015 8:23 am
Natural gas was steady near $2.900 on Tuesday and Wednesday, following a sharp jump on Monday, as lower supply and warm weather across the majority of the US caused a downward revision to build forecasts for this and next weeks inventory reports by the Energy Information Administration. Natural gas for delivery in July traded 0.07% […]
Read moreJune 17, 2015 7:06 am
Yesterdays trade saw USD/CAD within the range of 1.2349 – 1.2280 to close 0.26% lower at 1.2294. At 7:05 GMT today USD/CAD was up 0.18% for the day to trade at 1.2316. The cross held in a daily range of 1.2285 – 1.2316 and is down less than 0.1% for the week so far. Fundamentals […]
Read moreJune 16, 2015 10:09 am
Boeing extended its order lead over competitors on the second day of the Paris Air Show by securing a $10.7-billion deal with Dutch aircraft leasing company AerCap Holdings NV for the delivery of 100 737 MAX 8 passenger jets. The accord, the biggest one yet at the show by volume and value, confirms media reports […]
Read moreJune 16, 2015 8:36 am
Natural gas rose on Tuesday, adding to Mondays 5% advance, as warm weather across most of the US induced moderate and locally high cooling demand for natural gas, while a tropical Gulf storm moves inland today. Natural gas for delivery in July traded 0.83% higher at $2.913 per million British thermal units at 08:09 GMT, […]
Read moreJune 16, 2015 7:13 am
Yesterday’s trade saw EUR/USD within the range of 1.1294 – 1.1190 to close 0.45% higher at 1.1276. At 07:11 GMT today EUR/USD was up 0.33% for the day to trade at 1.1322. The pair held in a daily range of 1.1260 – 1.1285 and is up 0.5% for the week so far, following two consecutive […]
Read moreJune 15, 2015 10:00 am
General Motors Co will return to the growing US medium-duty truck market next year by offering Isuzu-made vehicles under the Chevrolet brand, according to people familiar with the matter who declined to be identified because the information was not yet public. The companies are expected to make an announcement as early as Monday, the people […]
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