Search Results for: EC
Eurozone Growth Rebounds in July
July 24th, 2014
The eurozone economy continues its slow recovery, but worries about the Ukraine crisis have begun to cloud the outlook, according to the results of a private-sector survey released on Thursday. After slowing in June, eurozone economic growth rebounded in ...
AT&T’s New Device Financing Plan Weighs On Revenue
July 24th, 2014
AT&T Inc’s quarterly revenue rose a weaker than expected 1.6 percent as cheaper service plans offered to customers who forgo subsidized cellular phones cut into margins. Faced with mounting pressure from competitors, AT&T has unbundled service and device charges, ...
StubHub Defrauded Of $1.6M Worth Of Tickets; 7 People Arrested Worldwide
July 24th, 2014
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 ...
Law suits launched against law firms across US over mortgage advice
July 24th, 2014
Federal agencies and 15 states have initiated 41 law suits against law firms and lawyers concerning alleged scams over the provision of legal help to struggling homeowners. Suits have been brought, for instance, against Florida law firms Hoffman Law ...
USD/JPY about to hit 101.83/73
July 24th, 2014
Pair’s Outlook Slowly but surely the U.S. Dollar is outperforming the Yen, as it has received a bullish impetus after a test of 101. However, taking into account the number and toughness of resistances that USD/JPY has yet to ...
USD/CHF looks towards 2014 high
July 24th, 2014
Pair’s Outlook Since USD/CHF closed above 0.90, it is already unlikely that the price is going to re-test the 2014 lows at 0.87. There are also other bullish signs, such as the 55-day SMA being above the 200-period moving ...
GBP/USD erodes 1.7042/19
July 24th, 2014
Pair’s Outlook Apparently, GBP/USD is not willing to use the opportunity to rebound from the 2009 high. If the price falls beneath 1.7042/19, the dip will most likely extend down to 1.6973/50 (monthly PP and 55-day SMA). There will ...
PayPal targets UK small businesses for cash advances
July 24th, 2014
Online payments firm PayPal is to start advancing cash to UK small businesses, the company has announced. The PayPal Working Capital fund is due to launch later this year, the firm said. The eBay-owned company said it would only ...
China Shares Roll after PMI Data
July 24th, 2014
Chinese stocks rose, sending the benchmark index to a three-month high, as a jump in the nation’s manufacturing gauge spurred optimism the government will meet its economic-growth target for this year. Industrial Bank Co. (601166) and Poly Real Estate ...
Mt. Gox Creditors’ Meeting Delivers Few Answers and One Apology
July 23rd, 2014
Today’s long-anticipated meeting between Mt. Gox bankruptcy trustee Nobuaki Kobayashi and creditors from the defunct exchange provided several revelations, but left many more questions unanswered. At the Tokyo meeting Kobayashi disclosed he would consider distributing the exchange’s remaining funds ...
