Search Results for: Horizon
Wednesday November 19: OSB Daily Technical Analysis – Indices
November 19th, 2014
OSB Daily Technical Analysis for November 19, 2014 Positive day with a break above the key 2050 level foe the S&P bringing gains in the last month close to 9%. Strongly bullish market likely to continue making new ...
U.S. judge upholds BP ‘gross negligence’ Gulf spill ruling
November 14th, 2014
A U.S. judge weighing how much BP Plc should be punished for the 2010 Gulf of Mexico oil spill on Thursday refused to overturn his own finding that the oil company’s conduct was “grossly negligent.” The decision by U.S. District Judge ...
Adco investing up to $7bn in commitment to meet 2017 oil production target
November 11th, 2014
The Abu Dhabi Company for Onshore Oil Operations (Adco) is set to invest a further US$5 billion to $7bn to meet its production target of 1.8 million barrels per day (bpd) by the end of 2017, the company’s chief ...
If Everything Is Just Fine, Why Are So Many Really Smart People Forecasting Economic Disaster?
November 11th, 2014
The parallels between the false prosperity of 2007 and the false prosperity of 2014 are rather striking. If we go back and look at the numbers in the fall of 2007, we find that the Dow set an all-time high ...
U.S. judge rejects BP bid to oust Gulf spill claims chief
November 11th, 2014
BP Plc has failed to persuade a federal judge to oust the administrator overseeing payouts to businesses and individuals claiming damages arising from the 2010 Gulf of Mexico oil spill. U.S. District Judge Carl Barbier in New Orleans on ...
Credit Without Banks: Shadow Banking
November 10th, 2014
One of the vivid lessons of the 2007-2009 recession and financial crisis is that in the modern economy, one can’t just think about the financial sector as made up of banks and the stock market. Other financial institutions can ...
Tuesday November 4: OSB Daily Technical Analysis – Commodities
November 4th, 2014
OSB Daily Technical Analysis for November 4, 2014 Gold continued its downswing finding support at $1160 before bouncing back to close at $1165.00. Gold appears somewhat oversold at the moment and is likely to bounce possibly into the $1180 ...
Deutsche Bank cannot rely on this trading rebound – Bottom Line
October 30th, 2014
Trading revenues were once the mainstay of many an investment bank, and made up the glamorous end of the City. It is always the traders who get the public’s attention. Who ever complains about City brokers or City auditors? But ...
Twitter seeks developers and acquisitions
October 23rd, 2014
Twitter is trying to grow beyond its main messaging app and use acquisitions to become a mobile platform capable of competing with its larger rivals Google, Apple and Facebook. The company will unveil a suite of tools for app ...
How Wall Street Is Killing Big Oil
October 22nd, 2014
Lee Raymond, the famously pugnacious oilman who led ExxonMobil between 1999 and 2005, liked to tell Wall Street analysts that covering the company would be boring. “You’ll just have to live with outstanding, consistent financial and operating performance,” he ...
