Tag Archives: Middle East

Oil prices increase on positive U.S. data and Iran concerns

Oil prices rose on Thursday after indications that the U.S. economy is improving despite the debt crisis in Europe. Speculation that tension in the Middle East could lead to a disruption of crucial supply routes has also led to an …

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Sugar not so sweet in New York as supply outweighs demand

Sugar futures weren’t looking so sweet in New York on Friday due to signs that global supplies of the commodity will top demand. According to brokers based out of Switzerland demand for sugar has dropped due to high prices and …

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PMFG return to fourth quarter profit

PMFG Inc. stated on Tuesday that due to the increased demand from overseas for its new power generation and natural gas infrastructure it was able post a small profit in the fourth quarter.

The owner of Peerless Manufacturing Co. said …

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McDonald’s sinks after posting weaker than expected key revenue metric

McDonald’s (NYSE:MCD) reported weaker than expected revenue at restaurants open at least 13 months on Friday. The company said that the key metric as to the company health only climbed by 3.5 percent, lower than the 4.9 percent that analysts …

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HTC expects strong results in 3Q and 4Q

HTC announced on thursday that they expect to see a strong finish to the year as its offers its latest economy defying products to the market.

Florian Seiche, head of HTC’s business in Europe, Middle East and Africa, said that …

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McDonald’s posts 5.1 percents increase in July key metric revenue indicator

McDonald’s Corp. (NYSE:MCD) announced on monday that revenue at stores open at least 13 months climbed by 5.1 percent in July; a key key metric used by restaurants to determine performance.

Analysts had estimated that the company would report a …

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