Archives
Technical Analysis: Commodities – Nov 14
November 14th, 2014
Technical Analysis for November 14, 2014 XAU/USD (GOLD) has been trading around 1130 – 1180 level and market will stay sideways. No major changes are expected in short term and long term downtrend still intact in XAU/USD chart. A higher ...
Technical Analysis: Currency pairs – Nov 14
November 14th, 2014
Technical Analysis for November 14, 2014 EUR/USD pair still moving sideways and a break to this triangle chart pattern will be soon. A break higher than 1.252 will bring a heavy buy and a break under 1.24 level will target ...
China Stocks Fall on Last Day Before Link Start as Brokers Drop
November 14th, 2014
Chinese stocks fell on the last trading day before the start of the trading link between Hong Kong and Shanghai amid concern recent rallies were excessive. China Communications Construction Co. (601800) and ChinaCAMC Engineering Co. led declines for industrial companies with losses of more than 3 ...
Apple Could Swallow Whole Russian Stock Market
November 14th, 2014
If you owned Apple Inc., and sold it, you could purchase the entire stock market of Russia, and still have enough change to buy every Russian an iPhone 6 Plus. The CHART OF THE DAY shows the total market capitalization ...
Gold Heads for Weekly Loss as SPDR Assets Extend Drop, Oil Slips
November 14th, 2014
Gold headed for a weekly decline as investors assessed the timing of higher U.S. borrowing costs amid slumping energy prices, with assets in the SPDR Gold Trust posting the longest period of decrease since May 2013. Bullion for immediate ...
IRS Scanning 10-Ks for Tax Data, Report Finds
November 13th, 2014
When CFOs and accounting standard-setters refer to the “users” of corporate 10-Ks, they usually mean investors, research analysts and rival companies. But new research suggests that another kind of user has been taking a keen interest in their companies’ ...
Orix to buy software maker Yayoi for over $691 mln
November 13th, 2014
Japanese financial services provider Orix Corp said it would buy accounting software maker Yayoi Co from private equity firm MBK Partners for more than 80 billion yen ($691 million), as it tries to expand its customer base into smaller ...
Central Bank of Ireland imposes fine of €3,500,000 in respect of IT governance failures by Ulster Bank Ireland Limited
November 13th, 2014
The Central Bank of Ireland (the “Central Bank”) has fined Ulster Bank Ireland Limited (the “Firm”) €3,500,000 and reprimanded it in relation to IT and governance failings by the Firm that resulted in approximately 600,000 customers being deprived of ...
Madoff Trials in Geneva Loom Six Years After Fraudster Confessed
November 13th, 2014
Almost six years after Bernie Madoff admitted his investment firm was based on “one big lie,” two European criminal cases linked to the convicted fraudster are working their way to trial in Geneva. Prosecutor Marc Tappolet is finishing an indictment of ...
SEC Seeks $329 Million From Wylys in Illegal Trading Case
November 13th, 2014
Samuel Wyly and the estate of his brother Charles should pay $329 million for using offshore accounts to hide stock holdings and engage in illegal trading, regulators argued in seeking to increase the penalty ordered by a judge. Wyly ...
