US June Restaurant Performance Index down in June
The US June Restaurant Performance Index declined slightly to 101.3 from 102.1 in May, the first fall in four months, according to the National...
IAG Q2 results pleased investors
With operating profit increasing to €380 million compared to €245 million in Q2 2013, IAG Q2 results pleased investors. Revenue for the quarter rose...
Tesla Q2 sales beat forecasts
Although Tesla Q2 sales beat forecasts, its earnings, revenue and profit did not. The company sold 7,579 Model S electric sedans in Q2 compared...
Eurozone July inflation falls to 0.4%
With the Eurozone July inflation rate falling to 0.4% (annualized) from 0.5% in June, economists are seriously concerned that the currency bloc may be sliding...
Lloyds Banking Group H1 profit plunged 50 percent year-over-year
Lloyds Banking Group H1 profit plunged by over 50% to £574 million ($970.8 million) compared to £1.56 billion in H1 2013. The partly-government owned...
Investor risk tolerance driven by fear of losing, not spending habits
A team of researchers has found that investor risk tolerance is driven much more by the fear of losing money than spending habits. As...
Samsung Q2 profit 20 percent down
Samsung Q2 profit was 20% lower than in Q2 2013 and 17% down on Q1 2014, mainly due to a strong Korean currency and...
Argentina defaults again
Argentina defaults again, the second time the country says it cannot meet its debt obligations in thirteen years, after eleventh-hour negotiations with a group...
US GDP grew 4 percent in the second quarter
US GDP grew 4 percent (annualized) in the second quarter, surprising experts and more than making up for the 2.1% contraction during the first quarter,...
Twitter shares soared on Q2 results
Twitter shares soared more than 30% in early trading after posting a year-over-year revenue jump of 124% to $312.2 million and a 24% monthly...