Search Results for: Shares
French court to begin Airbus insider trading trial
October 3rd, 2014
A long-awaited French corporate trial involving allegations of insider trading in the shares of Airbus Group gets under way on Friday, marking the climax of an eight-year investigation. Seven current and former managers at Europe’s largest aerospace group, and ...
Stocks Gain With Dollar Before Jobs Data; Hong Kong Rises
October 3rd, 2014
Stocks gained, with a European index recovering from its biggest loss in 15 months, and the U.S. dollar strengthened versus major peers before the world’s largest economy reports payrolls data. Hong Kong shares rallied. As investors assess the strength ...
FXCM Receives Consensus Recommendation of “Buy” from Brokerages
October 3rd, 2014
Shares of FXCM (NASDAQ:FXCM) have received a consensus recommendation of “Buy” from the eight analysts that are currently covering the company, American Banking & Market News reports. Six equities research analysts have rated the stock with a buy recommendation, ...
Philips Electronics to appeal ruling in $467 million patent lawsuit
October 2nd, 2014
Dutch healthcare equipment company Philips said on Thursday it would appeal against a U.S court ruling ordering it to pay $466.8 million in compensation to Masimo Corp for infringing two patents. The patents related to technology used to help ...
WiLan says loses LTE patent case against Apple
October 2nd, 2014
WiLan Inc (WIN.TO), a Canadian patent licensing company, told that a U.S. judge had ruled in favor of Apple Inc (AAPL.O) in a litigation case against it. “WiLan has been advised that Judge Dana M. Sabraw has issued a ruling ...
FMA issues warning about General Equity
September 30th, 2014
The Financial Markets Authority (FMA) has issued a warning about General Equity (previously named General Equity Building Society), a New Zealand registered building society. The warning recommends that the public exercises extreme caution when dealing with General Equity. FMA ...
AIG Trial Begins for the Case of Hank Greenberg
September 30th, 2014
The case of Starr International Co. Inc. v. United States is about the legality of Washington’s move to stave off AIG’s bankruptcy in exchange for about 80 percent of common stock. Through Starr, Greenberg still owned about 11 percent ...
Dollar broadly stronger as Hong Kong unrest caps stocks
September 29th, 2014
The dollar hit its highest in almost two years against the euro with German inflation data expected to keep pressure on the ECB to ease monetary policy further, while unrest in Hong Kong hurt Asian-exposed European shares. The dollar ...
Japan’s Daiichi Sankyo to acquire US biopharma Ambit Biosciences
September 29th, 2014
Japanese drugmaker Daiichi Sankyo Co Ltd (4568.T) has agreed to acquire U.S. biopharmaceutical company Ambit Biosciences Corp (AMBI.O) in a deal valued up to $410 million as it looks to build its presence in oncology, the companies said. The ...
SoftBank seeks to buy DreamWorks Animation
September 29th, 2014
Japanese cell provider aims to acquire Hollywood studio. SoftBank Corp. is reportedly in talks to buy Hollywood studio DreamWorks Animation, home of Shrek, Madagascar and How to Train Your Dragon. The Tokyo-based wireless carrier, according to The Hollywood Reporter, ...
