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North America, emerging markets boost Essilor profits PARIS: Essilor, the world's largest maker of ophthalmic lenses, posted a 15 percent rise in full-year operating profit on the back of 12 percent revenue growth, helped by expansion in North America and fast-growing countries, and acquisitions.Operating profit was 989 million euros, while revenue reached 5.67 billion, Essilor said in a statement on Thursday. The company also proposed raising its dividend on 2014 earnings by 8.5 percent to 1.02 euros a share."In a structurally expanding ophthalmic optics market and with a more favorable currency environment, 2015 promises to be another year of strong growth in revenue and contribution from operations," Chief Executive Hubert Sagnieres said.Essilor forecast revenue growth exceeding 4.5 percent on a like-for-like basis in 2015. Barring new strategic acquisitions, it is targeting revenue growth of between 8 and 11 percent excluding currency effects.Copyright Reuters, 2015 ...

Stocks rise after Fed minutes as dollar slips NEW YORK: Global equity markets advanced on Wednesday while the dollar pulled back from earlier gains in the wake of the release of minutes from the Federal Reserve's policy meeting last month and on hopes a deal could be reached on Greek debt.At the U.S. central bank's latest meeting, policymakers expressed concern that raising interest rates too soon could stall the U.S. economic recovery and debated the impact that low inflation measures were having on ...
Wall St ends nearly flat; Fed minutes support NEW YORK: The Dow and S&P 500 ended barely lower on Wednesday after a drop in energy shares but declines were limited by minutes from the latest Federal Reserve meeting, which showed policymakers are concerned about raising interest rates too soon.Exxon Mobil, which fell 2.2 percent to $91.01, was the biggest drag on both the S&P 500 and Dow following an explosion and fire at an Exxon refinery near Los Angeles and a drop in ...
TSX declines as oil prices pull energy shares lower TORONTO: Canada's main stock index slipped on Wednesday as a recent rally in the price of oil began showing signs of losing momentum, weighing on energy producers' shares.Investors also followed news that Greece will submit a request to the euro zone to extend a "loan agreement" for up to six months. However, Germany said no such deal was in the works and Athens must stick to the terms of its existing international bailout.Oil prices remained ...
Wall St edges back from record, investors await Fed NEW YORK: US stocks were modestly lower on Wednesday, a day after the S&P 500 ended above 2,100 for the first time, as investors looked ahead to comments from the Federal Reserve.Minutes from the January meeting of the Federal Open Market Committee will be released Wednesday afternoon, and market participants will scour them for hints about whether the central bank might change the language of its next policy statement to flag a possible increase in ...
Wall St trims losses after Fed minutes NEW YORK: The Dow and S&P 500 trimmed losses and the Nasdaq was barely higher on Wednesday as minutes from the latest Federal Reserve meeting showed concern from policymakers about raising interest rates too soon.At 2:06 p.m., the Dow Jones industrial average fell 23.83 points, or 0.13 percent, to 18,023.75, the S&P 500 lost 2.8 points, or 0.13 percent, to 2,097.54 and the Nasdaq Composite added 1.76 points, or 0.04 percent, to 4,901.03. Copyright Reuters, ...
Wall St dips; briefly trims losses after Fed minutes NEW YORK: US stocks were down slightly on Wednesday, briefly trimming losses after minutes from the latest Federal Reserve meeting showed concern from policymakers about raising interest rates too soon.Fed policymakers expressed concern last month that raising interest rates too soon could pour cold water on the U.S. economic recovery, and fretted over the impact of dropping "patient" from the central bank's interest rate guidance."I think it's probably much more dovish than anybody anticipated, that's ...


Index Closing Chg%
Arrow DJIA 18,132.70 0.45
Arrow Nasdaq 4,963.53 0.49
Arrow S&P 2,104.50 0.30
Arrow FTSE 6,946.66 0.04
Arrow DAX 11,401.66 0.66
Arrow CAC-40 4,951.48 0.83
Arrow Nikkei 18,797.94 0.06
Arrow H.Seng 24,823.29 0.32
Arrow Sensex 29,220.12 1.65

ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.703 bln
Exports $2.156 bln
Imports $3.859 bln
WeeklyFebruary 26, 2015
Reserves $15.944 bln