Archives
Worst Greek Stock Slump Since 1987 Proves Bears Right: Options
December 10th, 2014
Investors began giving up on Greek stocks even before the latest rout. A U.S. exchange-traded fund tracking the nation’s equities has had a record streak of redemptions, losing money for four straight months. The wagers proved well-timed: the benchmark ...
What the RSX Bear Market May Mean For SPX
December 10th, 2014
It has been a rough year for Russian stocks. This is shown well by the Market Vectors Russia ETF in red and especially against the volatile but upwardly moving S&P 500 in blue. When some time is taken to study this chart, however, ...
Starz CEO Poised to Get $76 Million in Change of Control
December 10th, 2014
Starz LLC (STRZA) Chief Executive Officer Christopher P. Albrecht could receive $75.6 million if the pay-TV channel undergoes a change in control. The payment would include $71.8 million of option awards that would immediately vest and a $3.75 million ...
BlackRock Leads $300 Million Financing Round for South Korean Online Retailer
December 10th, 2014
BlackRock Inc. is adding its name to a roster of high-profile investors betting on Asia’s fast-growing technology startups by leading a $300 million financing round for South Korean online retailer Coupang that will value the company at more than ...
Rolls-Royce Initiates Share Buyback Programme – Quick Facts
December 10th, 2014
Rolls-Royce Holdings plc (RYCEF.PK,RR.L,RYCEY.PK) announced that it has put in place a programme to enable the purchase of its ordinary shares. The first 250 million pounds tranche will be a non-discretionary programme and is irrevocable, when the company is ...
Supervisory Authorities issued warnings on unauthorised companies
December 10th, 2014
The supervisory authorities of the United Kingdom (Financial Conduct Authority – FCA), Ireland (Central Bank of Ireland), and Luxembourg (Commission de Surveillance du Secteur Financier – CSSF), report the following companies offering investment services without the required authorisation. Ingledew Trading ...
HKEx to Discontinue Trading of its Three-Year Exchange Fund Note Futures
December 10th, 2014
Hong Kong Exchanges and Clearing Limited (HKEx) is discontinuing trading in its Three-Year Exchange Fund Note (EFN) Futures because the Hong Kong Monetary Authority will stop issuing Three-Year EFNs from January 2015. HKEx will not introduce any new Three-Year ...
The Quindell share price fiasco should not dent faith in the robust Aim market
December 10th, 2014
The AIM market, the London Stock Exchange’s junior market, has been subjected to an unprecedented level of criticism over recent weeks. The fiasco at Quindell, which saw another twist this week, as the company called in PwC to review ...
Wednesday December 10: OSB Daily Technical Analysis – Indices
December 10th, 2014
OSB Daily Technical Analysis for December 10, 2014 S&P 500 sell off broke the 20 DMA finding support at 2034 on the day but managed to erase the losses by the end of session to close essential flat on ...
Wednesday December 10: OSB Daily Technical Analysis – Commodities
December 10th, 2014
OSB Daily Technical Analysis for December 10, 2014 Gold rallied on the day breaking through the $1200 with ease making a test of resistance at the $1240 area. A close above this level and more importantly $1250 resistance extends ...
