Search Results for: Shares
European Stock-Index Futures Little Changed Amid Earnings
May 9th, 2014
European stock-index futures were little changed, after the Stoxx Europe 600 Index climbed yesterday to its highest level in more than six years, as investors weighed corporate earnings. U.S. index futures and Asian shares were also little changed. Publicis ...
SEC Charges Toronto-Based Consultant and Four Others in Reverse Merger Schemes Involving China-Based Companies
May 6th, 2014
The U.S. Securities and Exchange Commission (SEC), charged a Toronto-based consultant and four associates with conducting illegal reverse merger schemes to bring a pair of China-based companies into the U.S. markets so they could manipulate trading and reap millions ...
A Case of Piketty Fever at the OECD
May 2nd, 2014
The French economist Thomas Piketty has become something of a rock star with his recent book on inequality, and now the Organization of Economic Cooperation and Development has embraced his data and ideas in a freshly-issued report. The think ...
Pfizer bids $106.5 Billion for AstraZeneca
May 2nd, 2014
Pfizer Inc. (PFE) sweetened its bid for AstraZeneca Plc (AZN) to about 63.1 billion pounds ($106.5 billion), aiming to bring the U.K.’s second-biggest drugmaker to the negotiating table. The cash-and-stock offer values AstraZeneca at 50 pounds a share in ...
MoJ rules out further reform of legal services regulation
May 2nd, 2014
The government has ruled out immediate further changes to the framework for legal services regulation following the wide-ranging review launched by the Ministry of Justice last June. In a ministerial statement today, justice minister Shailesh Vara said the consultation ...
SEC Fines NYSE for rule violations
May 2nd, 2014
The New York Stock Exchange’s $4.5 million penalty for oversight violations represents the Securities and Exchange Commission’s first salvo since Michael Lewis reignited scrutiny of market structure. NYSE, which was bought by IntercontinentalExchange Group Inc. (ICE) last year, agreed ...
Market manipulator jailed for false trading
April 30th, 2014
The Hong Kong Securities and Futures Commission (SFC), an independent statutory body set up to regulate the securities and futures markets in Hong Kong, has issued a press release informing that the Eastern Magistrates’ Court sentenced Mr Chan Wing ...
Google warning on Putin’s possible Internet censorship might prove right
April 30th, 2014
Google Inc. Chairman Eric Schmidt warned last year that Russia was “on the path” toward China’s model of Internet censorship. Vladimir Putin is proving him right. With Russia locked in the worst standoff with the U.S. since the Cold ...
European Stocks Climb Amid Earnings as Fed Meeting Starts
April 29th, 2014
European stocks rose for a second day as companies from Deutsche Bank AG to ABB Ltd. reported earnings and the Federal Reserve begins a two-day policy meeting. U.S. stock-index futures advanced, while and Asian shares were little changed. Deutsche ...
China North East Petroleum Executive’s Case Ends in Mistrial
April 29th, 2014
A fraud case against a former vice president of China North East Petroleum Holdings Ltd. ended in a mistrial after jurors failed to agree on charges that he was part of a scheme to divert share offering proceeds, according ...
