Search Results for: EY
Brent Oil down at $109 on Easing Supply Fears
July 9th, 2014
Brent oil slid more than $1 a barrel on Tuesday, its seventh straight decline, with U.S. oil also falling as Libyan oil exports looked likely to rise, and fears eased over a supply disruption in Iraq. Brent has shed ...
Kiwi near 3-year high; dollar awaits Fed minutes
July 9th, 2014
The Kiwi, New Zealand dollar, hovered near a three-year high on Wednesday, buoyed by the prospect of a sovereign rating upgrade, while the U.S. dollar held steady ahead of minutes of the Federal Reserve’s latest policy meeting. Against a basket of ...
Technical Analysis Gold – Indecision Continues Under $1320
July 9th, 2014
Technical Analysis Gold for Wednesday, July 9, 2014 After pushing higher to a three month high above $1330 last week, gold has spent the last now few days easing lower back to below $1320 and is showing more signs ...
Profits Vanish in Venezuela After Currency Devaluation
July 9th, 2014
Brink’s, the armored car company, could see about $400 million in revenue disappear this year from its operations in this country. Procter & Gamble announced a write-down of $275 million on its Venezuela business. American Airlines and Delta Air ...
Pfizer wins dismissal of U.S. investor class action ahead of trial
July 9th, 2014
Pfizer Inc (PFE.N) won the dismissal Tuesday of a long-running shareholder class action accusing the company of misleading investors about the safety of its Celebrex and Bextra pain-relieving drugs. The ruling by U.S. District Judge Laura Taylor Swain in ...
Australia 200 – Almost on Cue, Returns Back Under 5500
July 9th, 2014
Australia 200 for Wednesday, July 9, 2014 The question of whether or not the Australia 200 Index be able to maintain its break through the key resistance level at 5500 was answered yesterday as it almost on cue, returned ...
In Deal to Cut Corporate Taxes, Shareholders Pay the Price
July 9th, 2014
Medtronic is pursuing a deal to move abroad and save taxes. But few have noticed that the company’s shareholders will be the ones left with a big tax bill as a result. Oddly, some of Medtronic’s largest shareholders — ...
Russia’s Grip Over EU Energy Unlikely to Change Soon
July 9th, 2014
The European Union’s initial resolve at breaking its dependence on Russian energy after the Ukraine crisis erupted appears to be giving way to a realization that its giant eastern neighbor will continue to be Europe’s main supplier of natural ...
Technical Analysis AUD/USD – Steadies Just Under Resistance at 0.9425
July 9th, 2014
Technical Analysis AUD/USD for Wednesday, July 9, 2014 To start this week the Australian dollar is slowly trying to edge higher and regain some of the lost ground from late last week which saw it drop two a two ...
Jury acquits ex-manager in insider-trading case
July 9th, 2014
The brother of an imprisoned ex-billionaire hedge fund founder was acquitted of conspiracy Wednesday, ending a string of insider trading convictions won by Manhattan federal prosecutors. A jury returned the verdict Tuesday at the insider trading trial of Rengan ...
