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​Samsung Electronics Co said sales of the latest version of its flagship Galaxy S smartphone have reached 10 million since its launch in late April, making the model its fastest selling smartphone.The S4, the South Korean firm's challenge to Apple Inc's iPhone, is already selling in 60 countries and Samsung plans to expand sales to 327 carriers in 155 countries by next month, the world's biggest s...
Source : Sify | 4 Hour(s) AgoCategory : Commodities
(LT), the country's largest engineering and construction (EC) company, has been seeking growth opportunities abroad. While it has succeeded in doubling international revenues in FY13 to Rs 12,110 crore, this has come at a price. The company's margin in the international business is 8.5 per cent while it is 11.5 per cent for India. This internationalisation is neither sufficient to compensate for t...
Source : Sify | 4 Hour(s) AgoCategory : Commodities
Phaneesh Murthy, who lost his job as president and CEO of IT services company iGate Corp on Tuesday over charges of sexual harassment, could lose his severance package of $1 million (Rs 5.5 crore). This is the amount Murthy was entitled to get upon termination other than for cause'."Murthy is terminated for cause, for a violation of iGate's policy," the company replied to a specific query by Busin...
Source : Sify | 4 Hour(s) AgoCategory : Commodities
We’ll be the first to admit when we’re wrong, but our retail sentiment-based predictions have been on point as we’ve called for major USD strength. What now?Last week we wrote plainly in favor of further US Dollar gains and even a potential Japanese Yen reversal. And though we’ll plainly admit that we’re probably more often wrong than right, we think this is only the beginning of USD and JPY stren...
Source : Yahoo Finance | 8 Hour(s) AgoCategory : Commodities
and retail CFD trader sentiment suggests this might be the start of much bigger declines.To quote last week’s SSI report: “Total short interest in the SPX500 contract remain near record-highs as there are far too many retail traders trying to catch THE top. Yet it’s far more interesting to note what’s going on with the other side of the trade: the number of openSince then long interest has risen a...
Source : Yahoo Finance | 8 Hour(s) AgoCategory : Commodities
The British Pound continues to hit lows and retail forex trading crowds remain heavily net-long—we see plenty of room for further GBPUSD declines.: Last week we highlighted that retail traders were their most net-long GBP since it hit multi-year lows in March, and that warned that we could see a short-term bounce.Yet our Speculative Sentiment Index (SSI) shows traders have not stopped buying, and ...
Source : Yahoo Finance | 8 Hour(s) AgoCategory : Commodities
– Retail forex traders have recently been selling into Euro strength against the otherwise-resurgent US Dollar—normally enough to make us bullish. But we still generally favor USD strength.: Last week we wrote that we were plainly in favor of further Euro weakness against the high-flying USD. And though we’ll never make a habit of ignoring important shifts in retail sentiment, the fact that thesug...
Source : Yahoo Finance | 8 Hour(s) AgoCategory : Commodities
Gold Prices Will Likely Continue Lower...
Source : Yahoo Finance | 8 Hour(s) AgoCategory : Commodities
Environmental groups ask Corps of Engineers to consider big picture on NW coal ports permitGRANTS PASS, Ore. (AP) -- Environmental groups and a public health organization want the U.S. Army Corps of Engineers to consider the big picture — from mining in Wyoming to air pollution in China — before allowing development of three Northwest ports to ship up to 100 million metric tons of coal a year to A...
Source : Yahoo Finance | 8 Hour(s) AgoCategory : Commodities
Hardy)Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.What many may be asking as they wake up to these ugly losses with stock futures pointing due south, is if Wall …Did Fed Chairman Ben Bernanke's comments on stimulus and the economy make you nervous?Copyright...
Source : Yahoo Finance | 8 Hour(s) AgoCategory : Commodities
Vedanta Resources today said it has raised $1.7 billion (Rs 9,500 crore) through issue of bonds, the largest ever offering by any Indian corporate, which will be used to part-finance Cairn India acquisition."Vedanta Resources Plc announced the pricing of the offering of bonds in the aggregate principal amount of $1.7 billion," the company, led by NRI industrialist Anil Agarwal, said in a statement...
Source : Ndtv | 13 Hour(s) AgoCategory : Commodities
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