Search Results for: SEC
Gold Retreats From $1320 Line
July 18th, 2014
Gold started Friday trading just below resistance at $1320, and has dipped lower, losing much of the gains we saw a day earlier. In the European session, the spot price stands at $1309.60 per ounce. On the release front, ...
Wipro bags $1.2 billion outsourcing contract of Canadian firm ATCO
July 18th, 2014
Wipro has bagged a $1.2 billion 10-year deal to manage information technology outsourcing of Canadian energy and utilities firm ATCO, thereby giving a further fill-up to the Bangalore-based IT firm’s oil and gas vertical. Under the deal – announced ...
UK banks face break-up threat as watchdog plans competition probe
July 18th, 2014
Britain’s big banks could be broken up after the country’s new competition watchdog said it plans to launch an 18-month investigation into services for small business customers and personal current accounts. The Competition and Markets Authority (CMA) said on ...
Dell Sues ‘Demoted’ Asia Executive to Stop Him Joining HP
July 18th, 2014
Dell Inc., the second-largest computer-server maker, asked a Singapore court to bar its former Asia enterprise market vice president from joining Hewlett-Packard Co. (HPQ), the industry leader. Philip Anders Davis would be breaching agreements including not to solicit customers ...
Bull market sends 401(k)s soaring to record highs
July 18th, 2014
The bull market has sent 401(k) retirement plan balances soaring to record highs, according to an analysis by Fidelity Investments released today. Fidelity analyzed its accounts for 13 million workers with 401(k) plans as well as its IRA balances ...
Bitcoins Can’t Shake Bubble Image in Poll After 45% Drop
July 18th, 2014
Bitcoins, which lost 45 percent of their value after skyrocketing to more than $1,100 last year, are poised to tumble further, according to the latest Bloomberg Global Poll of financial professionals. Fifty-five percent of those surveyed said the virtual ...
Google earnings miss; revenue jumps at Play
July 18th, 2014
Google, still the king of online advertising, reported surging second-quarter revenue, but heavy spending pushed its earnings below Wall Street expectations. ”This is a quarter that has something for everyone: the bulls and the bears,” BGC Partners analyst Colin ...
Technical Analysis GBP/USD stays directionless
July 18th, 2014
Technical Analysis GBP/USD for July 18, 2014 Pair’s Outlook Even though volatility of GBP/USD increased this week, none of the significant levels have been breached yet. According to the technical indicators, the Pound should eventually gain bullish momentum and ...
High & Low Finance: Citigroup’s Settlement, Pro and Con
July 18th, 2014
The punishment did not fit the crime, or at least it did not fit the crime that was charged. Citigroup’s $7 billion settlement of charges that it sold bad mortgage securitizations is a classic example of prosecutors striking a ...
U.S. Oil Trade Imbalance With Canada Shrinking
July 18th, 2014
Thanks in large part to its energy-rich oil sands, Canada exports 10 times more oil to the United States than the United States exports to Canada, but that balance has begun to shrink, primarily because of the recent U.S. ...
