Search Results for: Shares
Essex accountant admitted VAT fraud
June 10th, 2014
An Essex accountant who sent in fake VAT returns for five years to evade nearly £100,000 and to live a lifestyle beyond his means has been ordered to pay a £47,000 confiscation order. Martin Kennedy, of High Street, Walton-on-the-Naze, ...
General Motors (GM) accepts ‘troubling’ report on Chevrolet Cobalt recall
June 6th, 2014
General Motors (GM) has accepted the findings of a “brutally tough, deeply troubling” report into recalls of its Chevrolet Cobalt over ignition problems which have been linked to 13 deaths. GM also said it would launch a compensation fund ...
High-Speed Trading Rules Coming From SEC
June 6th, 2014
U.S. Securities and Exchange Commission Chair Mary Jo White unveiled the regulator’s most sweeping plan yet for reining in high-frequency trading and monitoring dark pools and other secretive trading practices in the world’s largest equity market. Proprietary traders who ...
China Regulator Pledges to Expand Credit as Economy Slows
June 6th, 2014
China’s banking regulator vowed to expand loans and cap borrowing costs, seeking to boost the supply of funds to the real economy as growth slows amid a clampdown on shadow financing. Lending to small businesses, major infrastructure projects and ...
Europe Stocks Rise With Italy Bonds After ECB; Euro Drops
June 5th, 2014
European stocks extended gains, Italian bonds advanced and corporate credit risk slid to a six-year low after the European Central Bank cut all three interest rates. The euro weakened, treasuries rose and commodities fell. The Stoxx Europe 600 Index ...
Sprint and T-Mobile near a deal
June 5th, 2014
Sprint Corp. (S) is nearing an agreement on the price, capital structure and termination fee of an acquisition for T-Mobile US Inc. (TMUS) that could value the wireless carrier at almost $40 a share, people with knowledge of the ...
Little Change for U.S. Stock-Index Futures Before ECB
June 5th, 2014
U.S. stock-index futures remained relatively unchanged, after equities climbed to a record, while investors awaited the European Central Bank’s decision on stimulus today and the monthly jobs report tomorrow. Sprint Corp. advanced 4.2 percent in German trading after people ...
Deutsche Bank cap hike delay due to court bottleneck
June 5th, 2014
Deutsche Bank’s (DBKGn.DE) plans for an 8 billion euro ($11 billion) capital hike came to an abrupt halt on Wednesday when a procedural bottleneck in a German court forced Germany’s flagship lender to delay the issue by several days. ...
Yen Rebounds as Most Asia Stocks Drop With Oil Before ECB
June 5th, 2014
Japan’s yen rebounded from a one-month low while Euro Stoxx 50 Index futures were little changed before a European Central Bank monetary-policy announcement. Most Asian stocks retreated with oil, and platinum dropped amid talks to end a South African ...
SEC Charges Bitcoin Entrepreneur With Offering Unregistered Securities
June 4th, 2014
The U.S. Securities and Exchange Commission has charged the co-owner of two Bitcoin-related websites for publicly offering shares in the two ventures without registering them. An SEC investigation found that Erik T. Voorhees published prospectuses on the Internet and ...
