May 21, 2015 10:09 am
Lenovo Group Ltd, the worlds biggest PC maker by sales volume, posted a disappointing fourth-quarter profit on Thursday, although full-year performance was only slightly below projections, as the company completed two major acquisitions. The Chinese computer maker announced that net profit for the fourth fiscal quarter ended March 31st tumbled 36.7% to $100 million from […]
Read moreMay 21, 2015 8:24 am
Natural gas jumped 1% in early European trading on Thursday as a late-season chilly cold blast sweeps across the Northeast, but the imminent return of warmer temperatures and projections for inventories to soon flip into a surplus to the five-year average capped gains. Natural gas for delivery in June traded 0.93% higher at $2.942 per […]
Read moreMay 21, 2015 7:04 am
Yesterday’s trade saw GBP/USD within the range of 1.5591-1.5470. The pair closed at 1.5537, rising 0.17% for the day following a two-day drop of 1.4%. At 07:03 GMT today GBP/USD was up 0.03% for the day to trade at 1.5541. The cross held in a daily range between 1.5526 and 1.5561 and is down 1.1% […]
Read moreMay 20, 2015 9:34 am
French telecommunications group Altice SA announced on Wednesday it has agreed to purchase a controlling stake in US cable company Suddenlink Communications, giving it a foothold in one of the worlds largest and fastest-growing communications markets. Altice said it will acquire 70% of the share capital in Suddenlink from its shareholders BC Partners, CPP Investment […]
Read moreMay 20, 2015 8:16 am
Natural gas traded slightly higher in early European trading hours on Wednesday after two days of losses as investors looked ahead to Thursdays government supplies data, while weather forecasts saw no overnight changes. Natural gas for delivery in June traded 0.44% higher at $2.961 per mBtu at 7:59 GMT, shifting in a daily range of […]
Read moreMay 20, 2015 7:06 am
Yesterday’s trade saw USD/CAD within the range of 1.2250 – 1.2130. The pair closed 0.68% higher at 1.2229, a fourth straight daily gain, following a 1.09% jump on Monday. At 7:05 GMT today USD/CAD was up 0.07% for the day to trade at 1.2240. The cross held in a daily range of 1.2217 – 1.2256, […]
Read moreMay 19, 2015 9:42 am
Vodafone Group Plc, the worlds second-biggest mobile operator, reported on Tuesday its first quarterly rise in service revenue in nearly three years, but full-year performance continued to show a pattern of declining sales in Europe. The British telecoms group said organic service revenue rose 0.1% in the fourth fiscal quarter ended March 31st as more […]
Read moreMay 19, 2015 7:56 am
Natural gas was little changed on Tuesday, following similar performance on Monday, as investors awaited this weeks inventory report and weather forecasts continued to call for active weather across the US for the rest of the month. Natural gas for settlement in June traded 0.47% higher at $3.024 per million British thermal units at 7:42 […]
Read moreMay 19, 2015 7:01 am
Yesterdays trade saw EUR/USD within the range of 1.1446-1.1299. The pair tumbled 1.05% for the day to close at 1.1324 after it settled last week 2.2% higher, a fifth straight weekly increase. At 07:01 GMT today EUR/USD was down 0.41% for the day to trade at 1.1269. The cross held in a daily range of […]
Read moreMay 18, 2015 9:55 am
Troubled British chocolate maker Thorntons announced on Monday the resignation of Chief Executive Officer Jonathan Hart after months of declining sales and execution issues. The Derbyshire-based company said Mr. Hart would leave on June 27th and current Chief Operating Officer Barry Bloomer will assume the role of interim CEO until a replacement is found. During […]
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