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More pressure for Australian dollar after rollercoaster 24 hours
October 10th, 2014
The Australian dollar came under renewed pressure on Friday after a relatively stable week during which it settled into a new comfort zone between US86.50¢ and US88.50¢. Late in the local session, the Aussie was trading at US87.71¢, compared ...
Friday October 10: OSB Daily Technical Analysis- Currency pairs
October 10th, 2014
OSB Daily Technical Analysis for October 10, 2014 EUR/USD rally faltered and failed to remain above the 20 DMA finding the 1.28 resistance too strong. The sell off and subsequent low suggest that the pair remains very much in ...
Apple given time to block info in GT bankruptcy case
October 10th, 2014
Apple Inc (AAPL.O) will have at least three days to review and potentially move to bar any information about its relationship with GT Advanced Technologies Inc (GTAT.O) that may arise during the latter’s bankruptcy hearings, the court said in ...
Espírito Santo Financial Files for Bankruptcy
October 10th, 2014
Espírito Santo Financial, which was a large shareholder of the bailed-out Portuguese lender Banco Espírito Santo, lost a bid last week for creditor protection in Luxembourg. The Espírito Santo Financial Group, which at one point held about 25 percent ...
Security software maker Symantec to split into two public companies
October 10th, 2014
Norton antivirus maker Symantec Corp (SYMC.O) will split into two publicly traded companies, one selling security software and the other providing data management, potentially making itself more attractive to suitors. Symantec’s revenue growth has lagged the rest of the ...
Interview with St. Louis Fed Vice President on Bitcoin
October 9th, 2014
Dr David Andolfatto, who is Vice President of the St. Louis Federal Reserve, has been one of the most forward-looking people at central banks around the world when it comes to crypto-currencies. Here he speaks with Max Rangeley, Editor ...
Asian shares soar on wings of dovish Fed message
October 9th, 2014
Asian shares surged and the dollar skidded on Thursday after minutes of the U.S. Federal Reserve’s latest policy meeting showed concerns about downside risks of a stronger dollar and the global economy. European shares were expected to take their ...
Obama Had Security Fears on JPMorgan Data Breach
October 9th, 2014
President Obama and his top national security advisers began receiving periodic briefings on the huge cyberattack at JPMorgan Chase and other financial institutions this summer, part of a new effort to keep security officials as updated on major cyberattacks ...
Wilbur Ross on Bank of Cyprus – VIDEO
October 9th, 2014
Mario Draghi, the president of the European Central Bank, has faced criticism on several fronts in recent weeks: for being too bold with the bank’s policies, or not being bold enough. Yet he has support from one quarter—well-known investor ...
Accountants unhappy about career development, survey
October 9th, 2014
Almost two thirds of UK accountants are set to actively pursue their next job opportunity within the next six-to-12 months, new research reveals. Many of those quizzed by CareersinAudit.com said they feel despondent that their bosses will not make ...
