Verdasco, who lost an epic five-set encounter to Nadal in the semi-finals of the 2009 Australian Open, triumphed 7-6 (8-6), 4-6, 3-6, 7-6 (7-4), 6-2 to hand the fifth seed his earliest loss at Melbourne Park.
Oil is down about 21 per cent this year amid volatility in Chinese markets and speculation a surge in exports by Iran after the removal of restrictions capping its crude sales will prolong a global glut.
The same period from the previous year had $1.55 in EPS on $33.43 billion in revenue. Note that operating income was ~5% above our model partially offset by higher interest expense and tax rate.
The United States announced on Sunday new sanctions relating to Iran’s ballistic missile program, a day after the Obama administration lifted sanctions on Iran’s nuclear program.
Traders said offshore liquidity was squeezed earlier in the week as a result of state-backed banks buying, at the central bank’s behest, to push overnight borrowing rates in Hong Kong to record highs, making it prohibitively expensive to bet against the yuan.
In this photo taken Monday Jan. 18, 2016, a worker labors on the assembly line of the X5 SUV of Zotye Auto in Hangzhou in east China’s Zhejiang province.
Iran has issued an order to increase crude oil production by 500,000 barrels a day, the deputy oil minister was quoted as saying on Monday, implementing its policy to boost production as soon as sanctions were lifted.
In addition, Morgan Stanley had taken around $2.9 billion in after-tax legal expenses and a charge amounting to $781 million related to compensation adjustments during the same quarter in the previous year.