Search Results for: Trading
Apple updates MacBook Pro laptops and lowers price for older ones
July 29th, 2014
Apple Inc (AAPL.O) announced the updated MacBook Pro line of laptops with a high-resolution Retina display, faster processors and higher memory for a starting price of $1,299. The world’s largest technology company also lowered the price of its older ...
Gold Firm as Markets Eye Fed Policy Meeting
July 29th, 2014
Gold is steady on Tuesday, as the spot price stands at $1307.47 late in the European session. On the release front, it’s another quiet day, highlighted by CB Consumer Confidence. The markets are expecting another strong showing from the ...
U.S. Stock-Index Futures Are Little Changed Before FOMC
July 29th, 2014
U.S. stock-index futures were little changed, as investors weighed company earnings and the Federal Reserve starts a two-day policy meeting. Herbalife Ltd. (HLF) sank 11 percent in early New York trading after posting quarterly earnings that missed estimates. Aetna ...
The Non-Eclipse of America
July 29th, 2014
The recent creation of a new international development bank by Brazil, Russia, India, China, and South Africa – the so-called BRICS – is just the latest challenge to America’s global leadership. But, from an international business perspective, the United ...
Deutsche Bank Posts 29 Percent Net Profit Drop
July 29th, 2014
Deutsche Bank AG posted a 29 percent drop in second-quarter net profit Tuesday, hit by what it described as higher taxes, declining revenue and political instability affecting the markets. Germany’s largest bank said its net profit in the April-June ...
Regulators to deal with Japanese hedge fund in insider trade case
July 29th, 2014
A small Japanese hedge fund has made a rare challenge against financial regulators over a 2010 insider trading case, disputing a finding that one of its fund managers acted on an insider tip of a share offering by energy ...
Argentine’s debt must be paid to holdouts
July 29th, 2014
Argentina’s battle in courts for over a dozen of years against the claims of holdout investors in its defaulted debt, did not turn out positively. The holdouts, led by Paul Singer’s Elliott Capital Management and Mark Brodsky’s Aurelius Capital ...
IronFX Global award ceremony
July 29th, 2014
IronFX Global, has announced that it has hosted an award ceremony for the winners of the IronFX Live Trading and Introducing Broker (IB) competitions, which were held in the second quarter of 2014. Known as the biggest competitions in ...
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 ...
