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StubHub Defrauded Of $1.6M Worth Of Tickets; 7 People Arrested Worldwide

July 24th, 2014 (0)
Seven people linked to an international cybercrime ring were arrested for defrauding online-ticketing company StubHub of about $1.6 million. The operation, which involved police forces from several countries, was tracking the cyber thieves for hacking into the online accounts ...

U.S. Stocks Rise as Apple Rallies With Health-Care Shares

July 23rd, 2014 (0)
U.S. stocks roes, with the Standard & Poor’s 500 Index at an all-time high, as Apple Inc. results boosted technology companies and health-care shares rallied amid earnings. Apple surged to the highest since 2012 after signaling the long wait ...

Stock futures tick up on earnings, world conflicts eyed

July 23rd, 2014 (0)
U.S. stock index futures edged up on Wednesday, boosted by bullish earnings from companies like Microsoft and Boeing, though conflicts in Ukraine and the Gaza Strip weighed on investor confidence. Microsoft (MSFT.O) shares rose 2.4 percent in premarket trading ...

Gold Flat As Markets Eye US Housing, Employment Data

July 23rd, 2014 (0)
Gold is flat on Wednesday, as the spot price stands at $1307.44 per ounce late the European session. There is just one event on today’s schedule, Crude Oil Inventories. Investors are waiting for new economic data, and on Thursday ...

Watch what markets don’t do as world politics turns nasty

July 23rd, 2014 (0)
  Like so much in the investment world of late, it’s what financial markets are not doing right now that is most intriguing. Over the course of the past month, conflicts, superpower standoffs and economic sanctions have flared in ...

Moody’s: Middle East investment grade companies face $91 billion in refinancing needs

July 23rd, 2014 (0)
According to Moody’s Investors Service, Middle East investment grade companies face refinancing needs of about $91 billion from bank and bond debt due to mature over the next four years. This accounts for approximately eight per cent of total ...

Apple earnings boosted by strong iPhone sales

July 23rd, 2014 (0)
Apple has reported quarterly profits of $7.75bn (£4.5bn) – up 12% on the same period last year. The company sold 35.2 million iPhones from March to June, an increase of 13% from the same time in 2013. The company ...

Technical Analysis Gold Stable Ahead of Key US Data

July 22nd, 2014 (0)
Gold has edged lower on Tuesday, as the spot price stands at $1306.09 per ounce in the European session. On the release front, it’s a busy day in the US, highlighted by Core CPI and Existing Home Sales, the ...

Europe rebounds as Ukraine rebels hand over black boxes

July 22nd, 2014 (0)
European markets rode a global rebound in risk appetite on Tuesday helped by the first signs of cooperation from Ukraine’s pro-Russian separatists over the downed Malaysian Airlines plane. After days of uncertainty, a train carrying the remains of some ...

Hong Kong Leads Asian Equities Higher

July 22nd, 2014 (0)
Asian stocks advanced, with the regional benchmark index on course for its highest close in six years, as investors bet rising tensions in Ukraine over the shooting down of a jetliner won’t curb global economic growth. Aluminum Corp. of ...
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