Archives
OSB Daily Technical Analysis – Indices
September 12th, 2014
OSB Daily Technical Analysis for September 12, 2014 S&P 500 Slight edge higher for the S&P 500 and a retest of the 20 DMA. Bullish and looking to move higher from here. Buy only mode. Dow 30 Close slightly ...
OSB Daily Technical Analysis – Commodities
September 12th, 2014
OSB Daily Technical Analysis for September 12, 2014 Gold closed at $1239 and opened the way for a further downswing. Some consolidation likely, support at $1227. $1200 is looking realistic following recent action. Bearish. Silver close below $18.80 is ...
Rupee recovers from initial losses, up 2 paise to 60.91 against dollar
September 12th, 2014
The rupee pared its initial losses to recover by two paise to 60.91 per dollar in late morning deals today following bouts of selling of the greenback by banks and exporters. The domestic unit resumed lower at 60.97 per ...
OSB Daily Technical Analysis – Currency pairs
September 12th, 2014
OSB Daily Technical Analysis for September 12, 2014 EUR/USD Mixed day and consolidation for the EURUSD on Thursday which appears to be developing a base within this tight range. Strong resistance at 1.2965 and more significantly at 1.30. A ...
Nevada lawmakers consider $1.3 billion in tax breaks for electric car maker
September 12th, 2014
Nevada lawmakers on Thursday approved a package of bills to provide $1.3 billion in tax breaks and other incentives for Tesla Motors, clinching a deal for the electric car company to build a massive factory in the state. “This ...
HP subsidiaries plead guilty in bribery cases
September 12th, 2014
Hewlett-Packard (HP) and three subsidiaries pleaded guilty Thursday to paying bribes to foreign officials in Russia, Mexico and Poland and agreed to pay $108 million in criminal and regulatory penalties. The guilty pleas, entered in San Francisco federal court, ...
Alibaba IPO signals global ambitions
September 12th, 2014
It was a scene straight out of Silicon Valley — only it took place across the Pacific. In 1999, Jack Ma gathered his wife and 17 friends in his small apartment in China’s eastern city of Hangzhou, about 100 ...
Wall Street watchdog to pick insider as arbitration head
September 12th, 2014
The Financial Industry Regulatory Authority has narrowed its search for a new head of its arbitration unit to two of its own long-time officials, according to a person familiar with the matter. FINRA, Wall Street’s industry-funded watchdog, will replace ...
Mexican companies sue Yahoo, law firm charge conspiracy to avoid $2.7 billion judgment
September 12th, 2014
Two Mexican companies have sued Yahoo! Inc (YHOO.O) and law firm Baker & McKenzie in New York federal court, accusing them of engineering a conspiracy to avoid a $2.7 billion judgment issued by a Mexico court in 2012. In ...
Directors fined for not filing financial statements
September 11th, 2014
The Financial Markets Authority (FMA) has fined directors Hayden George Jones and Thomas Alexander George Jones with the amount of $35,000 each for breaches of the Financial Reporting Act 1993 (the FRA). The Financial Markets Authority (FMA) brought charges ...
