Archives
Further German economic slowdown is expected
October 14th, 2014
The ZEW Indicator of Economic Sentiment for Germany drops by 10.5 points in October 2014 and now stands at minus 3.6 points (long-term average: 24.5 points). Decreasing for the tenth consecutive time, the index has returned to negative territory ...
IPO banks seek measure of success
October 14th, 2014
What is the best way to judge the success of an initial public offering? Investors in Rocket Internet probably have a view. They were left counting their paper losses earlier this month, after shares in the German technology company ...
Abigail Johnson Named CEO of Fidelity Investments
October 14th, 2014
Fidelity Investments is getting its first new chief executive since the Carter administration. In a memo to employees, the nation’s second-largest fund manager said Monday that it named Abigail Johnson, its 52-year-old president, to the additional post of CEO. ...
Tuesday October 14: OSB Daily Technical Analysis- Indices
October 14th, 2014
OSB Daily Technical Analysis for October 14, 2014 S&P 500 continued to sell off on Monday falling to 1865 area. Support below at 1850 is likely to be tested. A close below this level extends down to the 1800 ...
Tesco to suspend more senior staff over £250m accounting scandal
October 14th, 2014
Tesco is expected to suspend more senior staff as part of its ongoing investigation into a £250m black hole, according to The Independent. Five executives have already been asked to stand aside while an investigation by Deloitte and law ...
Tuesday October 14: OSB Daily Technical Analysis- Commodities
October 14th, 2014
OSB Daily Technical Analysis for October 14, 2014 Gold Positive day for Gold which managed to climb above the 20 DMA and make a high at $1237. Gold is likely to test $1240 resistance level. A close above this ...
Tuesday October 14: OSB Daily Technical Analysis- Currency pairs
October 14th, 2014
OSB Daily Technical Analysis for October 14, 2014 EUR/USD rally to 1.2760 resistance level and close just below the 20 DMA. Further resistance above at 1.2775. A close above this level extends to the 1.2825 area. Bearish consolidation with ...
Da La Rue’s share price climbs after BoE’s 10 year deal
October 14th, 2014
De La Rue’s share price rose after its 10-year deal to print sterling bank notes received the final approval. The printer and passport manufacturer will take on the new contract, producing bank notes from the Bank of England’s base ...
Burberry profits vulnerable to forex
October 14th, 2014
Fashion house Burberry has seen a rise in revenue of seven per cent to £1.1bn for the first half. Burberry cheerfully reported a strong performance across all regions and continued digital growth. Retail sales climbed eight per cent to ...
Wall St. drops in late selloff
October 14th, 2014
The S&P 500 dropped more than 1 percent and posted its worst three-day slide since November 2011 on Monday following worries that global economic weakness will dampen U.S. earnings, along with concern about the spread of Ebola. After trading ...
