Search Results for: First Data
Fall of the Bond King: How Gross Lost Empire as Pimco Cracked
December 4th, 2014
Bill Gross, the 70-year-old king of bonds, rushed through the offices of his $2 trillion empire on a Friday morning distributing hand-written notes. He knew his reign was over. The billionaire co-founder of Pacific Investment Management Co. and its ...
Sony Pictures struggles to recover eight days after cyber attack
December 3rd, 2014
Eight days after a massive cyber attack on Sony Pictures Entertainment, the Hollywood studio was still struggling to restore some systems on Tuesday evening as investigators combed for evidence to identify the culprit. Some employees at the Sony Corp ...
Top 10 Technology Predictions For 2015
December 3rd, 2014
New technologies will account for 100% of growth. Worldwide IT and telecommunications spending will grow 3.8% in 2015 to more than $3.8 trillion. Wireless data, the largest segment of the telecommunications sector, will also be the fastest growing ...
New U.S. oil and gas well November permits tumble nearly 40 percent
December 3rd, 2014
Plunging oil prices sparked a drop of almost 40 percent in new well permits issued across the United States in November, in a sudden pause in the growth of the U.S. shale oil and gas boom that started around ...
Wednesday December 3: OSB Daily Technical Analysis – Currency pairs
December 3rd, 2014
OSB Daily Technical Analysis for December 3, 2014 EURUSD failed to hold above the 1.2400 handle and is likely to retest recent lows at 1.2360. A break below see decline further into the 1.2300 level. Any potential upside is ...
Australia probes bitcoin crime links as currency craves legitimacy
December 3rd, 2014
A top Australian law enforcement agency is investigating bitcoin’s role in organized crime, a senior official said, just as politicians and financial regulators embrace the digital currency as a legitimate part of modern business. The investigation into bitcoin’s crime ...
Hedge Funds Are Closing Like It’s 2009
December 2nd, 2014
This year could be the worst for hedge fund closures since the financial crisis, Bloomberg reported. In first half of the year, 461 funds shut their doors, the report said, citing research from Hedge Fund Research Inc. If liquidations ...
Apple tumbles as much as 6 percent in unusual trading
December 2nd, 2014
Apple Inc (AAPL.O) shares tumbled shortly after the start of trading on Monday, briefly suffering their largest price drop in at least three months on an unusual spike in volume. Selling accelerated just before 9:51 a.m. EST (1451 GMT), ...
Hong Kong Plugs Commitment To Tax Info Exchange
December 1st, 2014
Financial Secretary John C Tsang stressed how Hong Kong has made substantial efforts to introduce the new global standard for the automatic exchange of tax information, while also ensuring data confidentiality, during his speech at the first Certified Tax ...
European Audit Regulators on audit quality issues
December 1st, 2014
Independent audit regulators from Europe, including the Luxembourg, have structured meetings with different stakeholders on audit quality issues. In November, the European Audit Inspection Group (EAIG) met KPMG’s European leadership and the audit standard setters (IAASB/IESBA boards). The meetings are intended to ...
