Archives
Gold Firm as Markets Eye Fed Policy Meeting
July 29th, 2014
Gold is steady on Tuesday, as the spot price stands at $1307.47 late in the European session. On the release front, it’s another quiet day, highlighted by CB Consumer Confidence. The markets are expecting another strong showing from the ...
AFM warns for unauthorised firm
July 29th, 2014
The supervisory authority of Holland (Netherlands Authority for the Financial Markets – AFM), reports that the company Matheson Wang Group (www.mathesonwang.com), with declared headquarters in Hong Kong, is offering investment services without the required authorisation. Source: consob
Suspension of trading in a financial instrument
July 29th, 2014
The Financial Suspension and Market Authority has published an announcement informing that trading in Ageas, on Euronext Brussels is suspended from 29/07/2014 at 11:48 AM due to the decision of the court of justice of Amsterdam. Source: fsma
Dryness causes Soybeans Advance to Two-Week High
July 29th, 2014
There has been an increase for soybeans within two weeks bearing that dry weather in parts of the U.S. will cut yields in the world’s biggest producer. Corn fell. Dryness in the southwestern Midwest will expand through Aug. 6, ...
U.K. Stocks Advance From a Two-Day Decline as GKN Climbs
July 29th, 2014
U.K. stocks went up, after a two-day decline, as investors weighed earnings from companies such as GKN Plc and Next Plc. GKN jumped 6.9 percent after reporting higher first-half pretax profit. Next climbed 2.5 percent after raising its full-year ...
Aussie Parity With Kiwi Seen as Rates Diverge
July 29th, 2014
Australia’s dollar is set to weaken to parity with its New Zealand peer for the first time, HSBC Holdings Plc predicts, as contrasting economic fortunes force a widening of the gap in interest rates. The top panel of the ...
U.S. Stock-Index Futures Are Little Changed Before FOMC
July 29th, 2014
U.S. stock-index futures were little changed, as investors weighed company earnings and the Federal Reserve starts a two-day policy meeting. Herbalife Ltd. (HLF) sank 11 percent in early New York trading after posting quarterly earnings that missed estimates. Aetna ...
Dollar Tree to acquire Family Dollar Stores
July 29th, 2014
Dollar Tree Inc. (DLTR:US) agreed to buy Family Dollar Stores Inc. (FDO:US) for about $8.5 billion, creating a sprawling discount chain with $18 billion in sales and more locations than any other retailer in the U.S. Dollar Tree will ...
Bank of Cyprus collects €1bn through shares selling
July 29th, 2014
A 1 billion euro ($1.34 billion) capital increase was held by Bank of Cyprus by selling shares, including investors such as the European Bank of Reconstruction and Development (EBRD) and US investor Wilbur Ross, the bank cited on Monday. ...
The Non-Eclipse of America
July 29th, 2014
The recent creation of a new international development bank by Brazil, Russia, India, China, and South Africa – the so-called BRICS – is just the latest challenge to America’s global leadership. But, from an international business perspective, the United ...
