Business

German industrial orders jump on vibrant demand from overseas

German industrial orders jump on vibrant demand from overseas

That is the strongest monthly increase since July 2011 and comfortably beats expectations after the national production rate dipped by 0.1 percent in July as a result of normal holiday plant closures across the country. Already on Friday, data showed a jump in industrial orders on the back of strong export demand. ING Bank chief economist Carsten Brzeski said the strong production data provided further evidence that the economy had left its summer lull behind and returned to maximum speed.



Investors Sell Shares of Microsoft Corporation (MSFT) on Strength (MSFT)

Woodstock Corp who had been investing in Microsoft Corp for a number of months, seems to be bullish on the $587.60 billion market cap company. The stock decreased 0.12% or $0.05 during the last trading session, reaching $41.95. Wright Investors reported 152,090 shares stake. Among 9 analysts covering Old National Bancorp ( NASDAQ:ONB ), 3 have Buy rating , 0 Sell and 6 Hold.



Honeywell International Inc (NYSE:HON) Institutional Investor Sentiment Analysis

The firm has "Buy" rating by Leerink Swann given on Thursday, July 27. The company was maintained on Tuesday, December 13 by FBR Capital. BMO Capital Markets has "Underperform" rating and $49 target. (NYSE: HON ). Kimelman Baird Limited Co has 0.73% invested in Honeywell International Inc . The conglomerate reported $1.80 earnings per share for the quarter, topping the consensus estimate of $1.78 by $0.02.



Key Indian equity indices trade higher following Asian cues

Nifty on the other hand had reclaimed it 10,000 mark and was trading with 23.95 points at 10,017.25. Midcap stocks such as Biocon (up 7.24 per cent), Havells (up 5.33 per cent), JSW Energy (up 4.40 per cent), and IGL (up 3.35 per cent) ouperformed, pushing the BSE Midcap index up by 0.64 per cent or 101 points to close at 15,935.68.


Microsoft Signs Deal to Purchase Energy at Ireland Wind Farm

Microsoft Signs Deal to Purchase Energy at Ireland Wind Farm

Dublin-based company ElectroRoute is going to serve as trading service provider, according to a joint announcement about the project. In addition to producing energy, the project will provide valuable data on energy storage. "This partnership with Microsoft expands GE's considerable presence and investment in Ireland, where we already employ over 1,500 people and, in particular, in the renewable energy sector", Andres Isaza, GE Renewable Energy's chief commercial officer, said in a ...