Archives
Philips Electronics to appeal ruling in $467 million patent lawsuit
October 2nd, 2014
Dutch healthcare equipment company Philips said on Thursday it would appeal against a U.S court ruling ordering it to pay $466.8 million in compensation to Masimo Corp for infringing two patents. The patents related to technology used to help ...
IOSCO Launches Second Securities Markets Risk Outlook
October 2nd, 2014
The International Organization of Securities Commissions (IOSCO) has published the IOSCO Securities Markets Risk Outlook 2014-2015, a forward-looking report focusing narrowly on issues relevant to securities markets and whether these may be, or could become, a threat to the ...
Thursday October 2: OSB Daily Technical Analysis- Indices
October 2nd, 2014
Thursday October 2: OSB Daily Technical Analysis- Indices S&P 500 Further decline in the S&P 500 finding support in the 1930 vicinity. Further support below at 1922. A close below extends to the 1900 area. The S&P 500 sell ...
Thursday October 2: OSB Daily Technical Analysis- Commodities
October 2nd, 2014
OSB Daily Technical Analysis for October 2, 2014 Gold Wide swing for Gold on Wednesday with an attempt to get above the $1220 resistance level. Support below holding just above $1200 while Gold consolidates and grinds it out while ...
Asia down as Ebola scare hits Wall St., dollar rally on pause
October 2nd, 2014
Japanese stocks were knocked hard on Thursday as weak global manufacturing activity and an Ebola health scare in the United States spooked world markets, sending investors scurrying to the safety of U.S. bonds, the yen and gold. The gloom ...
Thursday October 2: OSB Daily Technical Analysis- Currency pairs
October 2nd, 2014
OSB Daily Technical Analysis for October 2, 2014 EUR/USD intraday dip below the 1.26 handle and consolidating at this level for now. Pair looking for further direction and possibly forming a short term bottom in this area as traders ...
Wednesday October 1: OSB Daily Technical Analysis- Indices
October 2nd, 2014
OSB Daily Technical Analysis for October 1, 2014 S&P 500 tried to get above the 50 DMA at 1973 only to reverse and find support at 1960. S&P likely to consolidate in this area prior to next up leg ...
Pimco Returns Fund investors hits record $23.5 billion
October 2nd, 2014
Pacific Investment Management Co suffered a record $23.5 billion of withdrawals from its flagship Pimco Total Return Fund in September, with its largest daily outflow occurring on the day of Bill Gross’s surprise resignation from the firm. The Pimco ...
Indian stock markets to remain closed from October 2-6
October 2nd, 2014
The stock market will be closed from Thursday to Monday, with trading to resume on Tuesday, on account of Gandhi Jayanti on Thursday, Dussehra on Friday and Bakrid on Monday. The benchmark Bombay Stock Exchange (BSE) index Sensex fell ...
Fannie, Freddie shares slump after investor lawsuits dismissed
October 2nd, 2014
Shares of government-controlled Fannie Mae (FNMA.OB) and Freddie Mac (FMCC.OB) plummeted on Wednesday, the day after a judge upheld the U.S. Treasury’s right to seize the mortgage finance companies’ profits. Judge Royce Lamberth, threw out lawsuits brought by investors ...
