Search Results for: UBS
25,000 join Europe class action lawsuit against Facebook
August 7th, 2014
An Austrian waging a battle against Facebook’s privacy policies said that 25,000 users of the social networking giant have signed on to his class action lawsuit. The suit, filed by lawyer Max Schrems, claims a symbolic US $ 660 ...
Technical Analysis USD/CHF held down by 0.91
August 7th, 2014
Technical Analysis USD/CHF for August 7, 2014 Pair’s Outlook The resistance at 0.9117/0.9099 proves to be quite strong, as USD/CHF is unable to reach this year’s high for a second week, being only some 50 pips away from the ...
Australia 200 – Returns to Familiar Territory Below 5500
August 7th, 2014
Australia 200 for Thursday, August 7, 2014 After being on quite a roll for several weeks, the Australian 200 Index has fallen sharply over the last week returning back to more familiar territory between the 5400 and 5500 levels. ...
T-Mobile deal collapse could spark telecom price war
August 7th, 2014
Sprint Corp’s (S.N) newly appointed Chief Executive Marcelo Claure has so far had a Midas touch in the telecoms industry, turning Brightstar, a reseller of U.S. handsets to Latin America, into a distributor valued at $2.2 billion when it ...
ECB set to hold fire on rates, eyes risks from Ukraine conflict
August 7th, 2014
The European Central Bank is set to hold fire on rates on Thursday as it waits for earlier stimulus measures to gain traction, while keeping an eye on emerging risks from the conflict in Ukraine. The ECB cut interest ...
Bank of America, U.S. near record $17B settlement
August 7th, 2014
The Department of Justice and Bank of America have reached a record settlement in principle in which the bank will pay just under $17 billion to resolve allegations related to fraudulent marketing of mortgage-backed securities that helped cause the ...
Seychelles Able To Avoid More Tax Measures
August 6th, 2014
The Seychelles Government has announced temporary financial measures, which will lead to higher interest rates and reduced lending, but which, it was said, will not be joined by any changes to taxation. Finance, Trade, and Investment Minister Pierre Laporte ...
China Anti-Trust Regulator Conducts New Raids on Microsoft and Accenture
August 6th, 2014
A Chinese anti-trust regulator conducted new raids on Microsoft Corp and partner in China Accenture PLC, the agency said on its website on Wednesday, after saying last week Microsoft is under investigation for anti-trust violations. The State Administration for ...
Big Banks’ ‘Living Wills’ Get Failing Grade
August 6th, 2014
Wall Street banks spent two years asking U.S. regulators what they should put in hypothetical bankruptcy plans to prove they aren’t “too big to fail.” The agencies broke their silence yesterday with a grade: Fail. The Federal Reserve and ...
Technical Analysis USD/JPY lingers at 200-day SMA
August 6th, 2014
Technical Analysis USD/JPY for August 06, 2014 Pair’s Outlook USD/JPY remains unable to decouple from the 200-day SMA, which is not caving in to the selling pressure but at the same time is failing to ignite a rally. However, ...
