ForexSphere

Euro dips against dollar in European morning trade (AP)

The euro edged lower against the dollar Friday but the American currency was expected to remain weak as improving economic news encouraged investors to leave the safety of the dollar.

Continue reading...

PFGBEST Launches Global Services Division Naming Scott Slutsky Managing Director (Business Wire)

CHICAGO—-PFGBEST® has appointed Scott Slutsky as Managing Director of its newly-created Global Services Division. Slutsky came on board with the PFGBEST acquisition of the customer assets of Alaron earlier this year.

Continue reading...

Newmont, Barrick see bright future as do investors (AP)

The soaring price of gold added luster to third-quarter earnings at Barrick Gold Corp. and Newmont Mining Corp. sending their stocks higher Thursday.

Continue reading...

Dollar pulls back from recovery as GDP grows (CNNMoney.com)

The dollar fell against the euro Thursday, ending a 4-day advance, after the U.S. economy grew more than expected in the third quarter, leading investors to jump back into riskier assets.

Continue reading...

Tenneco Reports Improved Year-Over-Year Financial Results (Business Wire)

LAKE FOREST, Ill.—-Tenneco Inc. : EBIT increases 25% year-over-year on 16% lower revenues $77 million in cash flow generated from operations, up from $40 million a year ago Net debt reduced by $66 million compared with September 30, 2008

Continue reading...