Archives
Friday October 17: OSB Daily Technical Analysis- Indices
October 17th, 2014
OSB Daily Technical Analysis for October 17, 2014 S&P 500 High volatility for the S&P 500 on Thursday finding support in the 1815 region and forming a hammer on the close. The index is likely to bounce around in ...
Dubai, Saudi, Qatar bourses plunge amid oil price decline
October 17th, 2014
Markets across the Middle East tumbled on Thursday as global equities and oil prices continued to decline, while Saudi Arabia’s drop was magnified by investors selling to prepare for a $6 billion initial public offer of shares. Brent crude ...
Friday October 17: OSB Daily Technical Analysis- Commodities
October 17th, 2014
OSB Daily Technical Analysis for October 17, 2014 Gold declined on Thursday finding support at the $1235 area. Gold is looking to go higher and a close above $1250 suggests upswing has legs and is possibly heading to the ...
Friday October 17: OSB Daily Technical Analysis- Currency pairs
October 17th, 2014
OSB Daily Technical Analysis for October 17, 2014 EUR/USD Sell off in the EURUSD and a dip below the 1.28 level found support at the 1.27 handle and bounced back above the 20 DMA and a close above the ...
Switzerland, EU finalize agreement on Corporate Tax Reform
October 17th, 2014
Switzerland and member states of the European Union (EU) have signed a joint statement that reaffirms Switzerland’s commitment to abolish contested corporation tax regimes and EU member states’ pledge to lift countermeasures. The agreement was signed on October 14, ...
Foreign direct investment in China declines for third month
October 17th, 2014
Foreign direct investment (FDI) for September rose year-over-year, even as the flow of foreign investment for the year to date continued its third month of decline, Reuters reported, citing a statement from the Commerce Ministry. China attracted US$9 billion ...
Ex-CFO Sues Walgreen Over Reports He Was Forced Out
October 17th, 2014
Former Walgreen Co. (WAG) finance chief Wade Miquelon sued the drugstore giant for defamation over news stories saying he was pressured to resign after a “bungled” earnings forecast. Miquelon, 49, sued Walgreen today in state court in Chicago, claiming ...
Spanish High Court Orders Ex-Bankers to Deposit Millions
October 17th, 2014
Spain’s High Court on Thursday gave two former senior executives at bailed-out lender Bankia and its predecessor Caja Madrid three days to hand over several million euros as it investigates claims of misuse of company credit cards. Rodrigo Rato, ...
Google’s revenue falls short despite curbing price declines
October 17th, 2014
Google Inc’s revenue fell short of Wall Street’s expectations as growth in Internet advertising slowed in the most-recent quarter, offsetting a modest improvement in ad pricing, sending its shares down about 3 percent. The total number of ads, or ...
The dark market for personal data urges for new laws
October 17th, 2014
Companies should disclose the information they sell about us. Having eroded privacy for decades, shady, poorly regulated data miners, brokers and resellers have now taken creepy classification to a whole new level. They have created lists of victims of ...