Search Results for: CIF

European Stocks Climb Before Euro-Area Confidence Report

March 28th, 2014 (0)
European stocks advanced, paring their monthly loss, as investors awaited data that may show euro-area economic confidence rose in March. U.S. index futures and Asian shares also climbed. Intesa Sanpaolo SpA gained 1.9 percent as it forecast dividend payouts ...

USD/JPY oscillates beneath 55-day SMA

March 28th, 2014 (0)
Pair’s Outlook The story continues, as neither the bulls that see USD/JPY rising from 102 nor the bears that are defending the 55-day SMA seem to be willing to give in. And even though in the short run the ...

CySec: ICF to the members-Bail in of the Fund

March 27th, 2014 (0)
The Administrative Committee of the Investor Compensation Fund of Clients of CIFs,hereinafter “the Fund” announces that at its meeting on March 7, 2014 and after taking into consideration a relevant legal opinion on the matter, has decided upon the ...

European Stocks Fall After Two-Day Rally; H&M, RBS Drop

March 27th, 2014 (0)
European shares fell, halting a two-day rally, on concern that the crisis in Ukraine may escalate. U.S. stock-index futures and Asian shares rose. Hennes & Mauritz AB fell 2.9 percent after reporting quarterly profit that missed analysts’ estimates. Royal ...

USD/JPY under pressure from 55-day SMA

March 27th, 2014 (0)
Pair’s Outlook USD/JPY remains unable to penetrate supply zone created by the 20 and 55-day SMAs. Yesterday the moving averages even pushed the rate below the support at 102.07/00, forcing the monthly PP to come into play and prevent ...

RSA introduces 25% non-audit fee cap

March 26th, 2014 (0)
THE AUDITORS of embattled insurer RSA will have a cap put on the amount of non-audit fees they can earn, limited to 25% of the total audit fee. KPMG, which was brought in to replace Deloitte as RSA auditors, ...

Why Companies Suffer Large, Unexpected Credit Losses

March 26th, 2014 (0)
For companies that sell business-to-business products and services, many things can contribute to a company incurring a loss from a bad debt. The most important factor is probably the quality of the organization’s finance and credit management process. But ...

European Stocks Advance as Stocks Extend Gains

March 26th, 2014 (0)
European stocks advanced for a second day, after the Stoxx Europe 600 climbed the most in three weeks, as investors awaited data on U.S. durable-goods orders. U.S. index futures were little changed, while Asian shares rose. Airbus Group NV ...

First legal steps taken against Malaysia Airlines, Boeing

March 26th, 2014 (0)
A Chicago-based attorney has taken the first formal legal steps related to Malaysia Airlines Flight 370, the opening shot in what promises to be a sustained litigation campaign. Monica Kelly, a lawyer at Ribbeck Law, asked an Illinois state ...

Rich Chinese overwhelm U.S. visa program

March 26th, 2014 (0)
A dramatic surge in interest from wealthy Chinese is threatening to overwhelm a U.S. program offering investors green cards in exchange for cash. The number of applicants is now so great that the government might run out of permits. ...
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