Search Results for: EU
Thursday October 2: OSB Daily Technical Analysis- Currency pairs
October 2nd, 2014
OSB Daily Technical Analysis for October 2, 2014 EUR/USD intraday dip below the 1.26 handle and consolidating at this level for now. Pair looking for further direction and possibly forming a short term bottom in this area as traders ...
Wednesday October 1: OSB Daily Technical Analysis- Indices
October 2nd, 2014
OSB Daily Technical Analysis for October 1, 2014 S&P 500 tried to get above the 50 DMA at 1973 only to reverse and find support at 1960. S&P likely to consolidate in this area prior to next up leg ...
Pimco Returns Fund investors hits record $23.5 billion
October 2nd, 2014
Pacific Investment Management Co suffered a record $23.5 billion of withdrawals from its flagship Pimco Total Return Fund in September, with its largest daily outflow occurring on the day of Bill Gross’s surprise resignation from the firm. The Pimco ...
Fannie, Freddie shares slump after investor lawsuits dismissed
October 2nd, 2014
Shares of government-controlled Fannie Mae (FNMA.OB) and Freddie Mac (FMCC.OB) plummeted on Wednesday, the day after a judge upheld the U.S. Treasury’s right to seize the mortgage finance companies’ profits. Judge Royce Lamberth, threw out lawsuits brought by investors ...
Samsung’s profit hit bottom in third quarter ahead of slow recovery
October 2nd, 2014
Samsung Electronics Co Ltd’s (005930.KS) profit is seen weakening further in the third-quarter, underscoring the downturn in its market-leading smartphone business and piling pressure on the firm to deliver a revamped product lineup. According to analysts, the world’s largest ...
WiLan says loses LTE patent case against Apple
October 2nd, 2014
WiLan Inc (WIN.TO), a Canadian patent licensing company, told that a U.S. judge had ruled in favor of Apple Inc (AAPL.O) in a litigation case against it. “WiLan has been advised that Judge Dana M. Sabraw has issued a ruling ...
Wednesday October 1: OSB Daily Technical Analysis- Currency pairs
October 2nd, 2014
OSB Daily Technical Analysis for October 1, 2014 EUR/USD sell-off on Tuesday with a dip below 1.26 handle. Support below at 1.2550 and 1.2520 further down. Resistance in the 1.2680 area. Bearish. EUR/GBP closed below 0.78 handle on Tuesday ...
Drug patents held overseas can pare makers’ tax bills
September 30th, 2014
As the Obama administration tries to stop companies from avoiding taxes by moving their headquarters overseas, the makers of some of the world’s most lucrative and expensive medicines are using another tactic to reduce their payments to the government. ...
US becoming largest oil producer in the global economy
September 30th, 2014
The US is overtaking Saudi Arabia to become the world’s largest producer of liquid petroleum, in a sign of how its booming oil production has reshaped the energy sector. US production of oil and related liquids such as ethane ...
Walmart appoints Instagram founder Kevin Systrom to its board
September 30th, 2014
The world’s largest retailer has come over more Walden than Walmart, after it appointed Instagram founder and chief executive Kevin Systrom to its board. The US-based supermarket, which owns Asda, said Systrom’s “digital expertise will be invaluable” – so ...
