30 July, 2015 by The TZ Newswire Staff Comments Off on Deutsche Bank CEO: Q2 profits ‘nowhere near good enough’
Deutsche Bank CEO: Q2 profits ‘nowhere near good enough’
Deutsche Bank’s net profit rose in the second quarter, but legal expenses stemming from investigations of the bank’s past conduct also increased and the bank’s new co-CEO said its financial performance …
30 July, 2015 by The TZ Newswire Staff Comments Off on Sony books highest first-quarter profit since 2007 on strong sensor sales
Sony books highest first-quarter profit since 2007 on strong sensor sales
Sony Corp reported its highest first-quarter profit since 2007 on Thursday due to strong sales of camera sensors and PlayStation 4 videogames, beating analyst estimates and helping to reassure investors …
30 July, 2015 by The TZ Newswire Staff Comments Off on Galaxy S6 fails to reverse profit decline at Samsung
Galaxy S6 fails to reverse profit decline at Samsung
Samsung Electronics suffered a fifth straight drop in quarterly earnings as the Galaxy S6 failed to reverse its declining fortunes in global smartphone sales. The company’s overall earnings drop during …
30 July, 2015 by The TZ Newswire Staff Comments Off on Global stocks subdued on U.S. rate hike caution
Global stocks subdued on U.S. rate hike caution
The dollar jumped and world stocks were left flat-footed on Thursday after the Federal Reserve painted a relatively bright picture of the U.S. economy, boosting bets that it will hike interest rates in September. Europe’s stock markets had initially started brightly but began to fade as attention switched from company earnings from the likes of Siemens and Deutsche Bank to upcoming euro zone unemployment, business sentiment and German inflation data. The U.S.
30 July, 2015 by The TZ Newswire Staff Comments Off on Europe Markets: European stocks pare gains as earnings continue to roll in
Europe Markets: European stocks pare gains as earnings continue to roll in
Stocks across Europe rise Thursday, but regional indexes are coming off stronger levels as investors continue to sift through a raft of corporate earnings reports.
30 July, 2015 by The TZ Newswire Staff Comments Off on Market Snapshot: U.S. stock futures dip into the red ahead of GDP report
Market Snapshot: U.S. stock futures dip into the red ahead of GDP report
Wall Street is set to open slightly lower on Thursday, with stock futures dipping into the red ahead of closely watched second-quarter growth data that could impact the timing of the first Federal Reserve rate hike.
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30 July, 2015 by The TZ Newswire Staff Comments Off on Eurozone economic confidence July 104 vs 103.2 exp
Eurozone economic confidence July 104 vs 103.2 exp
Latest EZ confidence data out
– 103.5 prev
– business climate indicator +0.39 vs +0.19 exp vs +0.14 prev
– industrial confidence-2.9 vs -3.4 exp/prev
– services confidence +8.9 vs +8.0 exp vs +7.9 prev
Mixed bag of data sees euro heading higher again, chewing through some decent offers or trying to