Special Report: iPad striptease: It’s what’s inside that counts »

Special Report: iPad striptease: It’s what’s inside that counts

SAN FRANCISCO (Reuters) – The iPad will not hit stores until Saturday, but the race to unlock its mysteries started several weeks ago in San Luis Obispo, a picturesque college town roughly 200 miles south of Apple’s Silicon Valley headquarters.

Technology  |  Media

On March 12, Kyle Wiens and Luke Soules woke up before dawn. Their plan demanded that [...]

UBS broker chief McCann: no plans for split, name change »

UBS broker chief McCann: no plans for split, name change

NEW YORK (Reuters) — UBS Wealth Management Americas will not change its name back to PaineWebber, nor will it split off from the embattled Swiss banking giant, the unit’s top executive told UBS brokers on Wednesday.

Still there are plenty of changes ahead for the fourth-largest U.S. brokerage, wealth management chief Robert McCann told brokers during [...]

Citi spinoff Primerica soars in NYSE debut (Reuters) »

Citi spinoff Primerica soars in NYSE debut 
    (Reuters)

NEW YORK (Reuters) – Shares of Citigroup Inc's (C.N) spinoff, Primerica Inc (PRI.N), leaped as much as 30 percent above their initial public offering price on Thursday, on optimism that the life insurer is poised to benefit from a rebounding economy.
The shares opened at $19.15 and rose as high as $19.94 on the [...]

Unemployment and Inflation Rise in the Euro Zone »

Unemployment and Inflation Rise in the Euro Zone

European economies are struggling to recover from the most severe and synchronized recession since WWII amid the slowdown in growth and high debt prevailing in European economies. The progress seen by the euro zone at the end of last year started to ease, while governments are focusing meanwhile on shaving their huge deficits.
The euro zone [...]

The yen retreats while the dollar steadies »

The yen retreats while the dollar steadies

The Japanese yen fell against majors today while the dollar is little changed ahead of the release of the Jobs report tomorrow. Hopes of recovery after the upbeat manufacturing data in Europe released today and that NFP will show improvement in March damped demand on refuges. The dollar index, which tracks the dollar movements versus [...]

Citi spinoff Primerica soars in NYSE debut »

Citi spinoff Primerica soars in NYSE debut

NEW YORK (Reuters) – Shares of Citigroup Inc’s (C.N) spinoff, Primerica Inc (PRI.N), leaped as much as 30 percent above their initial public offering price on Thursday, on optimism that the life insurer is poised to benefit from a rebounding economy.

Deals  |  Asian Markets

The shares opened at $19.15 and rose as high as $19.94 on the New [...]

The pound and euro resume their advance after weaker-than-expected ADP report »

The pound and euro resume their advance after weaker-than-expected ADP report

The pound and euro continued their incline against majors after a report showing that U.S. ADP employment change fell 23 thousands in March, defying analysts’ expectations of 40 thousands rise. The news boosted higher-yielding currencies that were already traded high earlier today. On the other hand, the dollar index, which tracks the dollar movements versus [...]

Pound Rallies Following Data, BOE Dale’s Comments, and Polls »

Pound Rallies Following Data, BOE Dale’s Comments, and Polls

The Pound rose in Tuesday’s trading on the back of some positive fundamental data, some hawkish comments from Bank of England Chief Economist Spencer Dale, and polls showing the Conservative party had widened its lead over the ruling Labour Party.

In this look at the GBP/USD pair we see hourly candles for most of the past [...]

EURUSD range trading. Runs into sellers above »

EURUSD range trading.  Runs into sellers above

Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money [...]

Gold tracks risk, PGMs near highs on supply concerns »

Gold tracks risk, PGMs near highs on supply concerns

London, 31 March 2010 – Base Metal prices continued to be driven higher by strong fund interest yesterday with copper and nickel reaching their best in over a year. Firm energy prices and the strong tone in base metals led the CRB Index to close with a modest 0.3% gain. In contrast the precious complex [...]