fund

GE reports USD3b profit in Q1

by on April 21, 2012

menafn.com…

(MENAFN) General Electric Co. (GE) reported better than expected quarterly profits, helped by increased sales and higher prices, Reuters reported. The largest US conglomerate said it made a …

View post:
GE reports USD3b profit in Q1

Find our Weekly Commercial Real Estate, Private Equity and Fund Newsletters at www.WeeklyBrief.net

USD400m Trump Towers Istanbul opened

by on April 21, 2012

menafn.com…

(MENAFN) US real estate tycoon Donald Trump inaugurated Trump Towers Istanbul, and said he will partner Turkish owner and billionaire businessman Aydin Dogan in more real estate in the city, …

Read more:
USD400m Trump Towers Istanbul opened

Find our Weekly Commercial Real Estate, Private Equity and Fund Newsletters at www.WeeklyBrief.net

Southwest Airlines’ revenues up 29% in Q1

April 20, 2012

(MENAFN) Southwest Airlines reported that revenues witnessed an increase of 29 percent in the first quarter, thus hitting earnings worth USD98 million, reported AP. The main contributor to the …

Read the full article →

Nokia loses USD1.2b in Q1

April 20, 2012

(MENAFN) Nokia said that unforeseeable tough competition led to a dip in sales, which subsequently caused the company a net loss of USD1.2 billion in the first quarter of 2012, reported AP. This …

Read the full article →

Calif. home sales up 3% in March

April 20, 2012

(MENAFN) DataQuick, the research company, said that last month, the number of sold houses in California went up around 3 percent from the same period a year earlier to over 37,000 units, reported …

Read the full article →

US AMD posts USD590m loss in Q1

April 20, 2012

(MENAFN) Advanced Micro Devices Inc. said that it incurred a net loss of USD590 million in the first quarter, compared with net income of USD510 million in 2011′s same period, reported AP. The …

Read the full article →

S Korea’s 2012 economy to expand 3%: S&P

April 20, 2012

(MENAFN) Standard & Poor’s said that in the current year, South Korea’s economy is forecasted to expand by 3 percent, down from 3.6 percent in 2011, reported Xinhua News. The credit rating agency …

Read the full article →

Microsoft’s Q3 income at USD5.1b

April 20, 2012

(MENAFN) Microsoft Corp. said that net income in the third quarter fell 2 percent to USD5.1 billion, compared with USD5.2 billion recorded in 2011′s same quarter, reported AP. The software giant …

Read the full article →

IMF raises USD320b to tackle euro-zone debt crisis

April 19, 2012

(MENAFN) The International Monetary Fund’s (IMF) Managing Director, Christine Lagarde, said that the fund managed to secure USD320 billion in order to handle the euro zone debt crisis, reported …

Read the full article →

NZ’s CPI up to 1.6% in Q1

April 19, 2012

(MENAFN) New Zealand’s statistics agency said that the country’s consumers’ price index (CPI) rose to 1.6 percent in the first quarter from the same period a year earlier, reported Xinhua …

Read the full article →

IMF says Europe’s economy may undergo mild recession in 2012

April 19, 2012

(MENAFN) The International Monetary Fund (IMF) said that Europe’s economy may go through a mild recession in 2012, as European banks are expected to reduce lending in order to save more capital, …

Read the full article →

Stanley Black & Decker says Q1 profit drops to USD121.8m

April 19, 2012

(MENAFN) Stanley Black & Decker Inc. said that profit in the first quarter fell to USD121.8 million, compared with USD158.7 million in the same period a year ago, reported AP. The New …

Read the full article →

First Solar Lays Off 2,000 Workers

April 19, 2012

(MENAFN – Saudi Press Agency) The biggest U.S. solar-panel manufacturer is laying off 2,000 workers and closing factories in response to declining demand and increased competition from …

Read the full article →

U.S. Lifts Sanctions on Some Aid Projects on Myanmar

April 19, 2012

(MENAFN – Saudi Press Agency) The United States Treasury relaxed sanctions onØ¢ MyanmarØ¢ on Tuesday to permit financial transactions to support certain humanitarian and development projects in the …

Read the full article →

Fischer hails OFID role in offering energy to poor countries

April 19, 2012

(MENAFN – Kuwait News Agency (KUNA)) The Austrian President Heinz Fischer expressed his deep appreciation to the role played by the OPEC Fund for International Development (OFID) in helping …

Read the full article →

U.S. economy gradually healing

April 19, 2012

(MENAFN – Kuwait News Agency (KUNA)) U.S. Secretary of Treasury Timothy Geithner affirmed here Wednesday that the U.S. economy is “gradually healing” and “gradually getting stronger.” Speaking …

Read the full article →

EBay’s Q1 net income jumps 20% to USD570m

April 19, 2012

(MENAFN) EBay Inc. said that net income jumped 20 percent in the first quarter to USD570 million, compared with USD476 million in 2011′s same period, reported AP. The San Jose, Calif.-based firm …

Read the full article →

Withdrawal notepad

April 19, 2012

(MENAFN – Khaleej Times) Australia has cast the first stone in the withdrawal process from Afghanistan. Prime Minister Julia Gillard’s conviction that her troops should be back home much before the …

Read the full article →

Japan’s trade deficit grows to record high of USD54b

April 19, 2012

(MENAFN) Japanese Finance Ministry said that the country recorded a USD54 billion trade deficit for the fiscal year that ended March 31, reported AP. The ministry added that the figure …

Read the full article →

International Monetary fund increased Global economy’s growth forecast for 2012

April 18, 2012

International Monetary fund raised its forecasted global growth for 2012 for the first time since a year, adding signs to recovery of American economy which supported the global economy’s …

Read the full article →

Australian Market Outlook – 04.18.2012

April 18, 2012

— Created by Ilya Spivak, Currency Strategist for Dailyfx.com To contact Ilya, e-mail ispivak@dailyfx.com. Follow Ilya on Twitter at @IlyaSpivak To be added to Ilya’s e-mail distribution list, …

Read the full article →

Master the Concept of Greed-Free Trading

April 18, 2012

“Greed has cost me more than anything else.” “How can I control greed??? That has been my number 1 problem.” The above two quotes came from emails sent to me from two …

Read the full article →

UK- Inflation rises to 3.5 pct

April 18, 2012

(MENAFN – Kuwait News Agency (KUNA)) Inflation in the UK rose unexpectedly on the Consumer Prices Index (CPI) measure in March, driven by higher food prices and the cost of clothing, according to …

Read the full article →

IMF welcomes pledges by Nordic countries to increase commitment

April 18, 2012

(MENAFN – Kuwait News Agency (KUNA)) Chief of the International Monetary Fund (IMF) Christine Lagarde welcomed here Tuesday the announcements made by Denmark, Norway and Sweden that they will …

Read the full article →

Elephant hunting

April 18, 2012

(MENAFN – Arab News) It is reported that Spanish media has pointed out the cost of King Carlos’ trip to Botswana on elephant hunting at a time country is reeling from an economic crisis, which has …

Read the full article →

World Bank chief

April 18, 2012

(MENAFN – Arab News) The appointment of Asian-American Jim Young Kim as head of the World Bank is a welcome news. His non-financial background can be an advantage at a time when most …

Read the full article →

Sunnis in Iran under Persian ‘arrogance’

April 18, 2012

(MENAFN – Arab News) A common man may think that Iran is populated by a single race or ethnic group, but in fact there are several ethnic groups other than Persians in Iran. They include Arabs, …

Read the full article →

Don’t Get Trapped by the Lost Equity Percentag

April 17, 2012

One of the reasons that we stress good Money Management principles at FXCM is that as a trading account goes more and more negative, the challenge of getting out of the “hole” and back …

Read the full article →

Marks & Spencer posts 0.8% rise in Q1 sales

April 17, 2012

(MENAFN) Marks and Spencer Group PLC said that during the first quarter, the group’s sales were up 0.8 percent, reported AP. The company added that sales in the UK also rose slightly by 1.2 …

Read the full article →

ENRC completes USD600m buyout of a Kazakh miner

April 17, 2012

(MENAFN) Eurasian Natural Resources Corporation (ENRC) finalized the procedures of a USD600 million acquisition deal of a majority interest in Kazakhstan coal producer Shubarkol Komir, AP …

Read the full article →

Danone first-quarter revenue rises on higher bottled water sales

April 17, 2012

Danone, the world’s biggest yoghurt producer, said its first quarter revenue climbed to 5.12 billion euros compared with 4.76 billion euros a year earlier thanks to the rise in bottled water sales, …

Read the full article →

European futures fluctuate before the opening on Tuesday

April 17, 2012

European equities futures fluctuated before the opening on Tuesday as investors await the European bond auction. The European market rebounded yesterday to close in green areas after the significant …

Read the full article →

USD/JPY Classical Technical Report 04.17

April 17, 2012

USD/JPY:The market continues to correct from the recent 2012 highs established by 84.20 several days back and risks still exist for additional setbacks into the 79.00-80.00 area before considering …

Read the full article →

GBP/USD Classical Technical Report 04.17

April 17, 2012

GBP/USD: Failure to establish any fresh momentum on the recent break above 1.6000, followed by an aggressive bearish reversal now suggests that the market could finally be looking to carve a top …

Read the full article →

EUR/USD Classical Technical Report 04.17

April 17, 2012

EUR/USD: The latest round of setbacks have stalled ahead of some key multi-week support by 1.3000 and from here, we still can not rule out risks for additional consolidation above 1.3000 before …

Read the full article →

China trade to improve in Q2

April 17, 2012

(MENAFN) China’s Ministry of Commerce said that the country’s trade in the second quarter is forecasted to improve from that in the first quarter, reported Reuters. The ministry added that the …

Read the full article →

Russia’s Industrial Output Up 4% in 2012 Q1

April 17, 2012

(MENAFN – Qatar News Agency) Russia’s industrial output increased by 4% in the first quarter of 2012 compared to the same period last year, the Russian Federal Statistics Service said on Monday. …

Read the full article →

US Dollar Index Classical Technical Report 04.17

April 17, 2012

US DOLLAR INDEX: The market remains locked in a multi-day consolidation and should continue to chop between the 9,600-10,100 area. Overall, we do retain a bullish outlook given the broader …

Read the full article →

GBP/JPY Classical Technical Report 04.17

April 17, 2012

GBP/JPY: The market is finally in the process of correcting following the latest surge to fresh 2012 highs by 133.50. From here, we see risks for further weakness towards the 125.00 area, but …

Read the full article →

EUR/JPY Classical Technical Report 04.17

April 17, 2012

EUR/JPY:The market is finally in the process of correcting following the latest surge to fresh 2012 highs just over 111.00. From here, we see risks for further weakness towards the 103.00 area, …

Read the full article →

Risk aversion supports the Dollar during the Asian session

April 17, 2012

Dollar started today’s session high against other major currencies in a process called risk aversion from investors what increase the demand on feds currency, while investors are watching …

Read the full article →

Taleban spring offensive

April 17, 2012

(MENAFN – Khaleej Times) The high profile attacks by the Taleban-led insurgents in the heart of Kabul targeting diplomatic missions, Nato headquarters and the Parliament may have been defeated but …

Read the full article →

Japan to provide USD60 billion in loans to IMF

April 17, 2012

(MENAFN) Japanese Finance Minister, Jun Azumi, said that his country would provide the International Monetary Fund (IMF) with USD60 billion in loans, reported AP. Azumi added that the emergency …

Read the full article →

Gold-Forex Correlations Seen Amidst Long Term Shift, Risk Tracking Still High

April 16, 2012

The following table includes the correlation between gold and the most popular currency pairs over various timeframes. A value close to +1 indicates a strong positive relationship between gold and …

Read the full article →

French GDF Suez plans to acquire rest of UK’s International Power

April 16, 2012

(MENAFN) French GDF Suez SA said that it would pay USD0.662 per share to acquire the rest of UK’s International Power, reported AP. The gas and electric utility added that in 2011, it bought most …

Read the full article →

Geithner says Buffett rule will not harm US economy

April 16, 2012

(MENAFN) US Treasury Secretary, Timothy Geithner, said that the Buffett rule, proposed by President Barack Obama, will not harm the country’s economy, reported The Peninsula. Geithner added that …

Read the full article →

Worries continue in markets on ongoing rise in Spanish bond yields

April 16, 2012

Worries remained predominant in markets on Monday after the rise in Spanish 10-year bond yield above 6%, raising speculations the euro area’s fourth-largest economy will soon ask for an …

Read the full article →

Asian stocks drop on renewed debt worries, South Korea’s lower growth forecasts, although China widened Yuan’s trading band

April 16, 2012

Asian stocks dropped on Monday with the MSCI Asia Pacific Index seen lower 0.8% at 13:46 in Tokyo, after South Korea lowered its economic growth forecast for this year, while worries over …

Read the full article →

European markets are headed for a new bearish start

April 16, 2012

European stocks futures signaled a negative start before the opening on Monday as anxiety dominates the global markets regarding the euro zone debt crisis. The Spanish bond yields rose to alarming …

Read the full article →

Spain; the new pain!

April 16, 2012

Concerns over Spain slammed the euro to the bottom of the recent three-month range at 1.3000 key level, as yields on long term 10-years bond hit new highs above 6.00% Friday. The overall mood …

Read the full article →

← Previous Entries