Vivendi’s Q1 2017 adj. income up 57.2%, acquires Havas
Last month, media, content provider Vivendi SA (OTC: VIVHY) reported a 88.3% decline in the fiscal 2017 first-quarter earnings, compared with the corresponding quarter of 2016. Still, the stock price has so far managed to rally about 10% to close
Read MoreYen turns weak on poor Q1 GDP growth
The Euro dollar fell earlier this week due to a rumor that the ECB is about to cut inflation forecasts. A decline in the German factory orders in April also aided the weakness. While the Euro declined, the Yen appreciated
Read MoreHSBC Faces Yet Another Lawsuit Regarding Forex Manipulation
Global banking major HSBC is once again facing accusations of rigging foreign exchange rates as a petition has been filed with a London court for records related to orders executed by the bank in 2006. A UK investment firm ECU
Read MoreVolvo posts strong Q1 2017 earnings, order intake up 11% YoY
The stock of Swedish automaker Volvo (OTC: VLVLY) hit a new 12-month high of $17.036 last Friday. One of the main reasons for the appreciation in the share price is the 20% increase in operating margin in the fiscal 2017
Read MoreCanadian dollar signals uptrend on strong GDP data
Considering the improved outlook for oil and reasonably strong Canadian retail sales in March, on May 19th, we had stated our intention to go short in EUR/CAD pair at 1.5150, with a target of about 1.4880. We had also expressed
Read MoreUK Banks Make It Hard For Customers To Access Funds Overseas
A recent survey carried out by uSwitch.com found that UK Holidaymakers have faced numerous problems due to the fact that their bank had blocked their cards, leaving them in a tight situation in a foreign land. Most UK nationals are
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