Heinz Reports 5.8% Organic Sales Growth, and a 22.5% Increase in EPS to $0.87 in Second Quarter
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Business Wire
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1 hour, 28 minutes ago PITTSBURGH----H. J. Heinz Company today announced strong second-quarter earnings of $0.87 per share, a 22.5% increase from a year ago, reflecting higher sales and the benefit of the CompanyâEuro™s strategic decision to hedge translation exposures on key currency exchange rates for the quarter and for the remainder of the Fiscal Year.
EUR/USD: Trading the German IFO Business Confidence Survey
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Daily FX
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1 hour, 52 minutes ago Mounting growth fears for Europe?s largest economy is expected to weigh on businesses as economists expect the German IFO confidence survey to fall to 89.0 from a five-year low of 90.2 in September.
Canadian CPI Fails to Impress, Stoking Bets for BoC Rate Cut
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Daily FX
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2 hours, 9 minutes ago Price pressures in Canada weakened further as the annual rate of inflation slipped to 2.6% from 3.4% in September. In addition, the core measure for inflation continued to hold steady at 1.7% despite expectations for a 0.2% increase to 1.9%.
Euro Climbs on Risk Appetite Despite Record Low PMI
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Daily FX
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Fri 4:39 am ET The Euro rallied more than 200 bps from yesterday?s lows despite a record low PMI reading, as a return of risk appetite sparked bullish price action. The Euro-Zone Purchases Manger?s composite index fell to 39.7 for November from 43.6 the month prior.
Euro edges higher against dollar
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AP
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Fri 4:26 am ET The euro edged higher against the U.S. dollar in European trading on Friday, recovering some losses from the previous day, when American unemployment data hit a 16-year high and economists warned more layoffs were likely.
Trend of the Day:GBP/JPY
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Daily FX
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Fri 3:17 am ET Trend of the Day -GBPJPY
Post of the Day: AUD/NZD
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Daily FX
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Fri 12:52 am ET Student?s Question: Please can you show me "Bullish" or "Bearish Engulfing" patterns in the context of chart!
Euro Could Rebound Against US Dollar as Light Calendar Boosts Risk Appetite (Euro Open)
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Daily FX
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Fri 12:13 am ET The Bank of Japan kept interest rates at 0.30% as expected. The US Dollar gave back ground against the Euro and the British Pound reflecting an overnight recovery in risk appetite. The economic calendar offers few surprises in European trading hours, suggesting forex markets will continue to look to stock markets to set direction.
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