UK-based broker network Keychoice has formed a strategic partnership with LV= Broker to provide its members with access to more than 800 independent brokers. Under the partnership, Keychoice members can access LV= Broker's ABC home ...
Oil prices advanced on Wednesday after a report showed that U.S. economic growth was higher than expected in the second quarter of the year. The U.S. real gross domestic product (GDP) increased at an annual rate of 1.7 percent in the ...
Tags: Oil Prices, Economic Data
Austria-based BT-Wolfgang Binder has built a glass powder plant for Dutch glass foam producer Geocell. The new plant, located in upper Austria, will produce foam glass ballast from recycled glass. BT-Wolfgang Binder was involved in the ...
Iconix Brand Group, Inc. announced that its Board of Directors has authorized a new program to repurchase up to $300 million of its common stock over a three-year period. The Company has $53 million remaining under the previous $300 ...
Tags: Iconix, Common Stock
THE Australian dollar lost some ground as minutes of the US Federal Reserve's last meeting hinted that the central bank was more likely to unwind its stimulus measures before the mid-2014 target. At 6.30am AEST the local unit was trading ...
Tags: economy
THE Australian dollar is higher after bouncing back from losses caused by weaker than expected Chinese trade figures. At 5pm, the local unit was trading at 91.96 US cents, up from 91.83 cents yesterday. LTG Goldrock director Andrew ...
Tags: economy
Driven by double-digit increases in its wholesale and retail divisions, Bassett Furniture Inds. said second-quarter sales rose 20.4%. It marked the third straight quarter in which sales were more than 20% ahead of the same quarter the ...
Tags: Furniture, Furnishing
On Tuesday, a number of US mills filed antidumping/countervailing duty against the majority of oil country tubular goods (OCTG) imports from the majority of supplying countries. Although a case has been generally expected for some time now, ...
Tags: Mineral, steel, antidumping
Dollar General Corporation announced the completion of $200 million in share repurchases of its common stock in the open market. "The strength of our balance sheet coupled with our strong cash flow generation makes this an opportune time ...
The Australian dollar fell as speculation of a scaling-down in US stimulus measures boosted the greenback. At 7am AEST the local unit was trading at 94.86 US cents, down from 94.92 cents at yesterday’s local close. With the US ...
Tags: Australian Dollar, Speculation
The Australian dollar weakened despite another firmer finish on Wall Street. At 6.30am AEST the local unit was trading at 95.56 US cents, down from 96.21 cents at yesterday’s local close. The Australian dollar, a risk appetite ...
Tags: Australian Dollar, US Stock
Commenting on the debate which is currently raging1 concerning the European Commission's placing of import tariffs on solar panels Richard Molloy, Renewable Energy spokesperson for Eaton UK said, "Opinion is divided with vehement views on ...
Tags: Construction, steel
Global sales of external server storage have dropped for the first time since 2009, according to data from research firm IDC. IDC said that first-quarter sales fell in developed markets, causing an overall decline of 0.9 percent year on ...
Tags: Computer Products
The sharemarket suffered its sharpest one-day fall for two months yesterday after the US Federal Reserve said it could reduce its economic stimulus measures and China's manufacturing showed signs of contraction. "In the next few meetings ...
A SHOCK contraction in Chinese manufacturing and the prospect that the US Federal Reserve could soon unwind its quantitative easing measures rocked local markets yesterday, pushing the Australian dollar close to an annual low and wiping ...