August 17, 2015 10:16 am
Shares of British housebuilder Bovis Homes Group Plc fell off 7-year highs on Monday as the companys in-line first-half results failed to impress the market at times of a continued shortage of housing supply. The strong UK housing market helped Bovis generate a pre-tax profit of £53.8 million in the six months ended June, 9% […]
Read moreAugust 17, 2015 8:42 am
Natural gas fell on Monday amid forecasts for an unseasonably cool weather system over the north-central US to curb cooling demand later this week, but losses were limited by the expected return of very warm to hot weather afterwards. Natural gas for delivery in September traded 0.71% lower at $2.781 per million British thermal units […]
Read moreAugust 17, 2015 7:25 am
Gold for delivery in December rose on Monday, extending the biggest weekly advance since mid-June, amid speculations Chinas currency devaluation last week may prompt the Federal Reserve not to raise interest rates in September, while the Asian country said it increased its gold reserves in July following a disappointing stockpiles report last month. The December […]
Read moreAugust 14, 2015 10:03 am
Goldman Sachs Group Inc has become the latest bank to pick up a piece of General Electrics finance operations as the New York firm agreed on Thursday to buy GE Capital Bank’s online deposit platform and about $16 billion in deposits. The terms of the deal, which will give the largest US investment bank a […]
Read moreAugust 14, 2015 8:20 am
Natural gas rebounded on Friday following a sharp drop on Thursday as investors looked past a bearish inventory report by the Energy Information Administration and once again focused on forecasts for hot weather. Natural gas for delivery in September traded 0.86% higher at $2.811 per million British thermal units at 07:57 GMT, shifting in a […]
Read moreAugust 14, 2015 7:17 am
Gold was steady on Friday following Thursdays losses that ended the longest daily advance since May as the Peoples Bank of China verbally supported the yuan and calmed fears of a broad currency war. Gold futures for delivery in December traded 0.04% lower at $1 115.2 per troy ounce at 06:50 GMT, shifting in a […]
Read moreAugust 13, 2015 10:03 am
Natural gas fell on Thursday ahead of what is expected to be a larger-than-average gain in US inventories, but prices kept close to a three-week high touched on Wednesday as investors eyed weather data showing widespread very warm to hot conditions the next two weeks. Natural gas for delivery in September traded 0.61% lower at […]
Read moreAugust 13, 2015 8:54 am
Nestle SA, the worlds biggest foodmaker, reported on Thursday better-than-expected first-half sales growth that allowed it to reaffirm its 2015 outlook despite a major recall of Maggi noodles in India. The Swiss company said that sales in the six months ended June 30th grew by 4.5% on an organic basis, composed of 1.7% real internal […]
Read moreAugust 13, 2015 7:18 am
Gold fell in early European trading on Thursday as the US dollar firmed and a report showed that global demand for the precious metal fell to a six-year low in the second quarter. Prices, however, held near a three-week high amid speculations a weaker yuan may impact the Federal Reserves monetary actions. Gold futures for […]
Read moreAugust 12, 2015 10:29 am
General Electric Co said on Tuesday it has agreed to sell its healthcare finance unit to Capital One Financial Corp for about $9 billion as the conglomerate winds down its finance operations and shifts focus back to its industrial roots. Under the deal, Capital One, a tier-two bank that has rapidly expanded since the global […]
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