Zurich

(Deletes reference to IFRS profit "before tax" after bank corrects)

(Reuters) - Hypo Alpe Adria won't make payments on supplementary and hybrid capital instruments for 2011 because it posted an annual loss under Austrian accounting rules, the nationalised lender said.

"As claims to the payment of interest warrants (coupons) related to the supplementary and hybrid capital instruments conditional to profits are depending on the UGB-based result of Hypo Alpe-Adria-Bank International AG, the bank has to inform that no payments for 2011 can be made," it said on Tuesday.

Under IFRS accounting standards it swung to a group profit of 69.3 million euros ($91 million) before minorities from a loss of 1.08 billion in 2010. The profit included a 126 million euro one-off fair-value gain on its own debt.

Under Austrian standards -- which do not allow such fair-value gains -- it lost 165 million euros in 2011, it said. ($1 = 0.7610 euro) (Reporting by Michael Shields)

Sony Corp, besieged by hackers since April, considered its PlayStation Network an unlikely target even after threats by the online collective Anonymous and three separate security incidents in 2008.
The hacker group declared in April that it would wage a cyber war against Sony for trying to stop people from tinkering with the PlayStation 3. Three years earlier, the company faced three breaches in Europe, including one in which Sony said some PlayStation Network user data might have been stolen.
The repeated incidents should have warned Sony its online network was vulnerable, said Eugene Spafford, a computer science professor at Purdue University in West Lafayette, Indiana. The failure to enact safeguards such as appointing a single chief of security may show Sony misunderstands the risks inherent in Chairman and Chief Executive Officer Howard Stringer’s networked strategy, he said.
“The evidence we’ve seen so far speaks to a lack of a good data management plan and a good security plan,” said Spafford, who specialises in information security, computer crime investigation and information ethics.
Japan’s Ministry of Economy, Trade and Industry said today it told Sony to carry out preventive measures against data breaches, instructed the company to ease customer concerns over misuse of credit cards and share more information among affiliates.
Sony has struggled to keep up with the barrage that started in mid-April. The Qriocity and PlayStat...

ZURICH (Fr. Zurich; Ital. Zurigo), the capital of the Swiss canton of the same name. It is the most populous, the most important, and on the whole the finest town in Switzerland, and till 1848 was practically the capital of the Swiss Confederation. It is built on both banks of the Limmat (higher up called Linth) as it issues from the lake of Zurich, and also of its tributary, the Sihl, that joins it just below the town. That portion of the town which lies on the right bank of the Limmat is called the "Grosse Stadt" and that on the left bank the "Kleine Stadt." Till 1893 the central portion of the town on either bank of the I,immat formed the "city" and ruled the outlying communes or townships that had sprung up around it. But at that time the eleven outer districts (including Aussersihl, the workmen's quarter on the left bank of the Sihl) or suburbs were incorporated with the town, which is now governed by a town council of 125 members (one to every 1200 inhabitants), and an executive of 9 members, both chosen direct by a popular vote. Much land has been rescued from the lake, and is the site of fine quays, stately public buildings, and splendid private villas. The older quarters are still crowded. But the newer quarters stretch up the slope of the Zurichberg (above the right bank of the Limmat) while the fine Bahnhofstrasse (extending from the railway station to the lake) has the best shops and is in the neighbourhood of the more important public buildings.

Opes Capital Ventures, LLC Business Information
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Location Type Single Location
Annual Revenue View Details
Employees 2
2 **
Years in Business 3
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NAICS Code 523910, Miscellaneous Intermediation

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Opes Communications, a division of Opes Capital Inc., is one of Vancouver’s leading public relations and marketing firms. Our specialized communications team has the know-how to bring a versatile range of communication methods together to provide cohesive, effective, and truly integrated marketing strategies. From media relations and advertising to online marketing, event management and a variety of creative services, Curve’s team of experienced and dedicated professionals does it all. We keep your audience informed and your business growing.

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Opes Capital Group is a Commodity Trading Advisor (CTA) registered in July 2009 with the Commodity Futures Trading Association (CFTC) and is a member of the National Futures Association (NFA). Based in Beverly Hills, California, Opes Capital Group specializes in managed futures options, which can be a valuable asset to any portfolio as an alternative investment. Opes Capital Group's managed accounts may be used to increase portfolio diversification, reduce overall volatility, and achieve higher returns than traditional passive investments.

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Opes Capital Group is a Commodity Trading Advisor (CTA) registered in July 2009 with the Commodity Futures Trading Association (CFTC) and is a member of the National Futures Association (NFA). Based in Beverly Hills, California, Opes Capital Group specializes in managed futures options, which can be a valuable asset to any portfolio as an alternative investment. Opes Capital Group's managed accounts may be used to increase portfolio diversification, reduce overall volatility, and achieve higher returns than traditional passive investments.

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