30 July, 2015 by The TZ Newswire Staff Comments Off on Amgen profit tops Street view, boosts full-year forecast
Amgen profit tops Street view, boosts full-year forecast
Excluding special items, Amgen earned $2.57 per share, topping analysts’ average expectations by 14 cents, according to Thomson Reuters I/B/E/S. The strong second-quarter performance led the world’s largest biotechnology company to boost 2015 profit and revenue expectations. Amgen now sees adjusted earnings of $9.55 to $9.80 per share, up from its prior view of $9.35 to $9.65.
30 July, 2015 by The TZ Newswire Staff Comments Off on Hedge fund Elliott eyes fresh market turbulence
Hedge fund Elliott eyes fresh market turbulence
BOSTON/NEW YORK (Reuters) – Paul Singer’s $27 billion hedge fund Elliott Associates is worried about Europe’s prospects and is bracing for fresh market turbulence. In a letter to investors dated July 23 and seen by Reuters on Thursday, the New York-based firm told clients that it has returned 2.8 percent in its Elliott Associates, L.P. and 2.2 percent in its Elliott International Limited.
30 July, 2015 by The TZ Newswire Staff Comments Off on Uber to invest $1 billion in India in next nine months
Uber to invest $1 billion in India in next nine months
Uber said it would use the additional investment to improve operations, expand into newer cities, and develop new products and payment solutions. “Uber has grown exponentially in India, a global priority market for us, which has also quickly become the largest market geographically for Uber outside the U.S.,” Amit Jain, President of Uber India said in a statement. The news of Uber’s investment in India was first reported by the Financial Times, which said it was the first time the company had set such a target for India.
30 July, 2015 by The TZ Newswire Staff Comments Off on GE may ship $10 billion in work overseas as U.S. trade bank languishes
GE may ship $10 billion in work overseas as U.S. trade bank languishes
General Electric Co is taking steps to shift some U.S. manufacturing work overseas now that the U.S. Export-Import Bank will be shuttered at least until September, the industrial giant’s global operations boss told Reuters on Thursday. GE Vice Chairman John Rice said the conglomerate is bidding on over $10 billion worth of projects that require support from an export credit agency (ECA) like Ex-Im.
30 July, 2015 by The TZ Newswire Staff Comments Off on SNB reports H1 consolidated loss of CHF 50.1bln
SNB reports H1 consolidated loss of CHF 50.1bln
Swiss National Bank report just out and reflecting the January fallout. Shareholders won’t be overly surprised but still very disappointed as I warned at the time
30 July, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Coca-Cola Enterprises in advanced talks over tie-up with other Coke bottlers
The Wall Street Journal: Coca-Cola Enterprises in advanced talks over tie-up with other Coke bottlers
Coca-Cola Enterprises Inc. is discussing a tie-up with Coca-Cola Iberian Partners and Germany’s Coca-Cola Erfrischungsgetränke AG, according to people familiar with the matter.
read more
30 July, 2015 by The TZ Newswire Staff Comments Off on Data coming up in this session 31 July
Data coming up in this session 31 July
Greetings one and all
How has your week gone ? All good, or at least overall good I hope
Month-end flows add to the prevailing scenario today
and data wise we have a fairly busy calendar ahead too