Search Results for: stocks
Trial of GSK-linked investigators is for August 8
July 29th, 2014
The public trial of a foreign couple linked to GlaxoSmithKline Plc (GSK) is set for Aug. 8, a Shanghai court said on Tuesday. Earlier this month, Chinese prosecutors accused British investigator Peter Humphrey and his American wife Yu Yingzeng ...
Herbalife cuts sales outlook, shares drop to 10.5 percent
July 29th, 2014
Herbalife Ltd, a maker of weight-loss and nutritional products, cut its sales outlook for this year after raising it three months earlier, causing its shares to drop to 10.5 percent in extended trading. The company, which has been labeled ...
Lloyds Banking Group charged with $370 million fine
July 28th, 2014
Britain’s Lloyds Banking Group (LLOY.L) has agreed to pay fines totaling $370 million to U.S. and British authorities investigating its part in a global interest rate rigging scandal and manipulating fees for a UK government lending scheme. The settlement ...
Microsoft says government officials probe to China offices
July 28th, 2014
Chinese government officials have made sudden visits to Microsoft Corp (MSFT.O) offices in China, a spokeswoman for the company said on Monday, but declined to give any reason for the inspections. China’s State Administration for Industry & Commerce, which ...
Oil Mixed With West TX reaching $102
July 28th, 2014
Brent crude oil reversed losses jumping back above $108 a barrel on Friday, as fighting in Ukraine and deteriorating relations between Russia and the United States ignited new fears of supply disruptions in the market. A Russian security official ...
JP Morgan questioned on private bank wrongdoing
July 28th, 2014
JPMorgan Chase & Co (JPM.N) executives came across regulators’ questions on whether private bank advisors guide clients to buy the firm’s own financial products, according to a report in the Wall Street Journal. Following the questioning regarding potential conflicts ...
Your Mind, Your Investment Returns
July 25th, 2014
Regular readers know I enjoy discussing behavioral aspects of investing. The reasons for this are twofold: First, we can’t control the markets, but we can control our own reactions to it (at least we can try). And second, many ...
Russia’s surprise interest rate rise ‘to curb inflation’
July 25th, 2014
Russia’s central bank has unexpectedly raised its key bank interest rate over concerns about inflation and “geopolitical tension”. The bank’s board decided to raise the interest rate by 50 basis points, or half a percent, to 8% per year. ...
China Shares Roll after PMI Data
July 24th, 2014
Chinese stocks rose, sending the benchmark index to a three-month high, as a jump in the nation’s manufacturing gauge spurred optimism the government will meet its economic-growth target for this year. Industrial Bank Co. (601166) and Poly Real Estate ...
SEC set to end $1 a share for some money funds
July 23rd, 2014
Regulators are expected to vote Wednesday to end a longtime staple of the investment industry — the fixed $1 share price for money-market mutual funds — at least for some money funds used by big investors. The idea is ...
