Search Results for: Shares
Slowing growth of iPhones sales may affect Apple’s results that will be announced on Tuesday
April 25th, 2016
Apple loves being able to report “record revenue” when posting its quarterly financial results. Indeed, for the last five quarters the company has used that phrase in its news releases. On Tuesday, however, when Apple reports for the first three months ...
Asian Stocks Retreat as Oil Falls With Copper; Yen Strengthens
April 25th, 2016
Japanese currency advances after steepest drop since 2014 Crude retreats from five-month high; British pound gains Asian shares were set for the first back-to-back declines in a month as commodities prices retreated and the yen strengthened, reflecting investor caution ...
KCG announces First Quarter 2016 Results
April 22nd, 2016
KCG ANNOUNCES CONSOLIDATED EARNINGS OF $0.41 PER DILUTED SHARE FOR THE FIRST QUARTER OF 2016 KCG reports consolidated revenues of $345.4 million and pre-tax earnings of $60.0 million for the quarter KCG increases book value to $16.42 per share ...
E*TRADE Financial Corporation announces First Quarter 2016 Results
April 22nd, 2016
First Quarter Results Net income of $153 million, or $0.53 per diluted share Adjusted net income of $122 million(1), or $0.43 per diluted share(1), excluding a $31 million income tax benefit related to the release of a valuation allowance ...
Heartland Payment Systems stockholders approve merger with Global Payments
April 22nd, 2016
Global Payments Inc. (NYSE: GPN), a leading worldwide provider of payment technology services, and Heartland Payment Systems, Inc. (NYSE: HPY), one of the nation’s largest payment companies, announced today that Heartland stockholders voted to approve the proposal relating to Heartland’s merger with Global ...
Asian Stocks Retreat as BOJ Negative-Rate Proposal Weakens Yen
April 22nd, 2016
Microsoft, Alphabet, Sony profits fall short of estimates Topix rebounds as currency weakens; Shanghai Composite falls Asian stocks retreated from a four-month high as companies including Sony Corp. and Microsoft Corp. reported earnings that missed estimates. Japanese shares rose ...
Russia wins Hague court appeal over $50bn Yukos judgement
April 21st, 2016
A Dutch appeal court has overturned an arbitration court decision which required Russia to pay shareholders in the former Yukos oil company $50 billion, the Interfax news agency reports. “We have won our appeal of the arbitration court decision ...
Fraudsters ordered to pay £11 million in large boiler room case
April 21st, 2016
Convicted fraudsters Jeffrey Revell-Reade and Anthony May were today ordered to pay a total of £11, 001,000 in compensation, at Southwark Crown Court. At a hearing overseen by HHJ Gledhill QC, Jeffrey Revell-Reade, 51, an Australian national, was ordered ...
European Stocks Little Changed as ABB, Miners Offset Energy Drop
April 20th, 2016
Crude prices retereat as Kuwait workers agree to end strike Miners advance as BHP Billiton cuts iron ore output forecast European stocks were little changed as miners advanced and investors focused on companies that posted better-than-expected earnings, offsetting a ...
Now this car maker has admitted faking emissions test results
April 20th, 2016
Japanese car manufacturer Mitsubishi has admitted its employees falsified fuel economy tests data. The company confirmed that fuel efficiency tests broke Japanese rules in at least 600,000 of its vehicles, of which 157,000 part of its own-brand light vehicles and 468,000 ...
