Search Results for: US
Apple loses bid to block sales of 9 Samsung phones
August 28th, 2014
A federal judge has rejected Apple’s attempt to block the sale of several older Samsung smartphones that copied features in the iPhone. Wednesday’s rebuff comes nearly four months after a jury awarded Apple Inc. $119 million in damages for ...
SEC Shelves Plan for Private Asset-Backed Bond Disclosure
August 28th, 2014
The U.S. Securities and Exchange Commission, while expanding disclosure requirements for one set of asset-backed securities, has stepped back from a plan to shed more light on a major part of the market. The five SEC commissioners unanimously approved ...
ECB signs up BlackRock to advise on bond buying
August 28th, 2014
The European Central Bank has stepped up preparations for a fresh move to combat deflation by appointing BlackRock to advise on a possible bond-buying scheme. The advisory arm of the US asset manager, BlackRock Solutions, will help the ECB ...
West TX Oil Holds at $94.50 on a Neutral Inventory Report
August 28th, 2014
Brent crude dipped on Thursday, but still held between $102 and $103 a barrel, as expectations of ample supply weighed on prices. Global oil supply is expected to exceed demand this year, cooling prices. Oil futures on both sides ...
Gold Up Again to $1285 on Softer U.S. Dollar
August 28th, 2014
Gold rose for the third straight day on Thursday on softening dollar and increased tensions between Ukraine and Russia, but the precious metal was under pressure from rallies in equities and the prospect of a U.S. interest rate hike. ...
Alibaba revenue soars ahead of IPO
August 28th, 2014
Alibaba Group Holding Ltd’s revenue accelerated in the second quarter on strong gains in its mobile business, providing investors with what may be the final glimpse of the Chinese e-commerce company’s financials before its expected landmark market debut. ...
OSB Daily Technical Analysis
August 28th, 2014
OSB Daily Technical Analysis for August 28, 2014 EUR/USD A positive day for the EURUSD pair following three losing days. This bounce back and correction of recent losses is normal and expected. The overall trend remains bearish. USD/JPY More ...
Asia shares steady as rally fades, euro clings to gains
August 28th, 2014
Asian shares held steady after pulling back from a 6-1/2 year high as the recent rally in risk assets petered out for now, while the euro clung to modest gains after rebounding from 13-month lows. The Australian dollar rose ...
JPMorgan and Other U.S. Banks Struck by Cyberattack
August 28th, 2014
JPMorgan Chase and a number of other United States banks, including at least four others, were struck by hackers in a series of coordinated attacks this month, according to four people briefed on a continuing investigation into the crimes. The hackers ...
Rosneft gains relief from sanctions
August 28th, 2014
Rosneft, Russia’s largest oil company, has received a new loan from Promsvyazbank to help it weather U.S. and European Union sanctions, and may yet get financial help from the Kremlin. Yet, the assistance doesn’t add up to the amount ...
