Financial Archives · Page 9 of 100

Inditex Profits Soar as Zara Sales Increase Offline and Online

Published by Pete Nisbet on June 14, 2017

Inditex profits have soared by 18% first quarter. Spanish company Inditex owns eight brands, including the Zara, Pull & Bear and Oysho brands. The firm reported a 654 million euro profit for the three months to April 30. Sales rose to 5.5 billion euros in the quarter, an increase of 14%. [...]

Ethereum Prices Rocket as Smart Contract Cryptocurrency Popularity Rises

Published by Pete Nisbet on June 13, 2017

Ethereum Prices have surged significantly as cryptocurrency popularity continues to increase. On January 1, ethereum was trading at $7.98 – Monday morning it was just over $407 – an increase of just over 5000%. So why is cryptocurrency popularity rising so fast? Bitcoin has also reached record l [...]

iPhone Upgrade Issue Causes Apple Shares Fall Amid Quality Question

Published by Pete Nisbet on June 11, 2017

An iPhone upgrade issue has led to an Apple shares fall. As reported in News.biz earlier, Apple shares fell by over 3% Friday. Several other tech companies also fell, including Facebook, Microsoft and Amazon. This was mainly due to the share prices of these firms being overinflated, and the balloon [...]

UK Economy Suffers and British Industrial Output Slides in April

Published by Pete Nisbet on June 11, 2017

The UK economy suffers as election blues set in and British industrial output falters. Economists had forecast an increase in April economic output and productivity of 0.8%. However, the actual figure was significantly lower at 0.2%. The unexpected general election result has also affected the UK ec [...]

Tech Stocks Crash Sending Nasdaq to Worst Week This Year

Published by Pete Nisbet on June 11, 2017

Tech stocks crash: Shares of the big technology giants took a big dive Friday. This resulted in Nasdaq experiencing its worst week of 2017. The ‘Big Five’ of Alphabet, Amazon, Apple, Facebook and Microsoft lost over $97.5 billion between them between in the 24 hours from closing Thursday. [...]

UK Pound Value Drops to Seven Week Low After British Election

Published by Pete Nisbet on June 10, 2017

The UK pound value drops to a 7-week low after the unexpected British election result. Part of this drop was due to doubts cast on the Brexit talks timetable. However, EU leaders have stated they are ready to get started on the negotiations. If the UK is to leave they want it to be sooner rather tha [...]

Brexit Talks, Macron and a Fed Rate Hike – a Month of Amazing Results

Published by Pete Nisbet on June 9, 2017

Brexit Talks and Theresa May, the UK General Election, Emmanuel Macron - and the Federal Reserve meeting still to come. What an exciting time in politics! Much has happened in the past three months that many people would never have believed could happen. In April, the UK Prime Minister [...]

Value of Sterling and the British Election Result – Brexit Negotiations Important

Published by Pete Nisbet on June 9, 2017

.The value of sterling was significantly affected by the British election result. The unexpected British election result resulted in the UK pound dropping by up to 2.5% Friday. The election resulted in a hung parliament. This means the ruling Conservative party may have to rely on another party to [...]

American Unemployment Levels Drop as Jobs Market Slows

Published by Pete Nisbet on June 8, 2017

American unemployment levels have fallen over the past week. Although there has been a recent slowdown in new US job growth, there appears to be enough for those seeking them. Claims for first-time state unemployment benefit fell by 10,000, equivalent to a seasonally adjusted 245,000 for the past [...]

The Value of Sterling and the Effect of the UK Election

Published by Pete Nisbet on June 8, 2017

The value of sterling is being significantly affected by the UK election. The British pound will be quite volatile over the coming 24 hours as the UK votes on a new British government. The parliamentary election could go either way, with various polls providing conflicting results. In short, it is [...]

Inditex Profits Soar as Zara Sales Increase Offline and Online

Ethereum Prices Rocket as Smart Contract Cryptocurrency Popularity Rises

iPhone Upgrade Issue Causes Apple Shares Fall Amid Quality Question

UK Economy Suffers and British Industrial Output Slides in April

Tech Stocks Crash Sending Nasdaq to Worst Week This Year

UK Pound Value Drops to Seven Week Low After British Election

Brexit Talks, Macron and a Fed Rate Hike – a Month of Amazing Results

Value of Sterling and the British Election Result – Brexit Negotiations Important

American Unemployment Levels Drop as Jobs Market Slows

The Value of Sterling and the Effect of the UK Election

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