Archives
$1.5 Million Sent in Error to Money Manager
October 30th, 2014
Credit Suisse is trying to find Joseph Galbraith, manager of Galbraith Capital Investment Management, to which the bank says it sent the money in January. In the board game Monopoly, when the bank makes an error in your favor, ...
Facebook $22 Billion WhatsApp Deal Buys $10 Million in Sales
October 30th, 2014
The numbers are in for Facebook Inc.’s acquisition of mobile-messaging application WhatsApp Inc.: The social network paid $22 billion for a startup that generated $10.2 million in revenue last year. In a regulatory filing yesterday, Facebook disclosed WhatsApp’s financial ...
European Stock-Index Futures Advance After Fed Ends QE
October 30th, 2014
European stock-index futures rose, indicating European equities will extend a two-day gain, after the Federal Reserve judged the U.S. economy strong enough to end its asset-purchase program. U.S. index futures were little changed, while Asian shares retreated. Bayer AG ...
Businesses, trade to support U.S. third-quarter growth
October 30th, 2014
A robust pace of business spending likely buoyed U.S. economic growth in the third quarter, a sign corporate chieftains have confidence in the sustainability of the recovery. Gross domestic product likely grew at a 3.0 percent annual pace, according ...
Smartphone woes drag Samsung Electronics third-quarter profit to more than three-year low
October 30th, 2014
Samsung Electronics Co Ltd (005930.KS) on Thursday said it would revamp its smartphone line-up to take on competitors in the rapidly growing mid-to-low range segment, after third-quarter earnings set it on course for its worst year since 2011. The ...
Thursday October 30: OSB Daily Technical Analysis- Indices
October 30th, 2014
OSB Daily Technical Analysis for October 30, 2014 S&P 500 Volatile trading session for the S&P 500 on Wednesday which hit resistance at 1985 and turned back to close at 1970. Price action suggests some consolidation of recent gains ...
Federal Reserve ends bond-buying stimulus
October 30th, 2014
The Federal Reserve cited an improving economy Wednesday as it ended its landmark bond-buying program and pointed to gains in the job market – a key condition for an eventual interest rate increase. The Fed did reiterate its plan ...
Thursday October 30: OSB Daily Technical Analysis- Commodities
October 30th, 2014
OSB Daily Technical Analysis for October 30, 2014 Gold sold off on Wednesday breaking below the key $1220 support and finding support in the $1210 area. Yesterday price action suggests downside momentum on the rise and a likely test ...
Thursday October 30: OSB Daily Technical Analysis- Currency pairs
October 30th, 2014
OSB Daily Technical Analysis for October 30, 2014 EUR/USD Market sold off after hitting resistance at 1.2770. Price action suggests weakening upside momentum and another down leg in the making. Close at support in the 1.2630-50 area possibly to ...
Barclays Third-Quarter Profit jumps, sets aside FX probe
October 30th, 2014
Barclays Plc (BARC), the U.K.’s second biggest bank by assets, said third-quarter profit unexpectedly rose in the third quarter as the bank set aside 500 million pounds ($799 million) to settle probes into currency markets. Adjusted pretax profit rose ...
