Search Results for: euro
Vivendi Selling SFR to Altice in $23 Billion Deal, Hard-Fought Win for Drahi
April 7th, 2014
Billionaire Patrick Drahi’s Altice (ATC) SA won the bidding contest for Vivendi SA (VIV)’s French phone unit, beating a government-backed offer from Bouygues SA (EN) by agreeing to a deal valued at more than 17 billion euros ($23 billion). ...
Asian Stocks Snap 8-Day Winning Streak Led by Industrials
April 7th, 2014
Asian stocks fell for the first time in nine days, snapping the longest winning streak on the regional gauge this year, with telecommunication and technology shares leading declines. Naver Corp. slumped 6.3 percent in Seoul, SoftBank Corp. lost 4.5 ...
EU Enacts 10-Year Auditor Rotation
April 4th, 2014
The European Parliament today enacted new rules requiring public companies to change auditors after a maximum of 10 years. EU member countries can decide to extend the 10-year auditor rotation period for up to 10 more years if companies ...
EUR/USD pushes through 100-day SMA
April 4th, 2014
Pair’s Outlook As the 55-day SMA failed to underpin the pair, now it is 100-day SMA’s turn to try to prevent further depreciation of the Euro. However, if this is not the case, the next significant support EUR/USD is ...
Toyota’s Lentz Seeks Fuel Cell Sedan Supply Boost to U.S.
April 4th, 2014
Toyota Motor Corp. (7203)’s North American chief, preparing to sell Camry-sized hydrogen sedans next year, said he’s “bullish” about advances in the company’s fuel cell system and wants more U.S. supply of the Japan-built cars. Toyota, the world’s largest ...
Stock Futures Rise as Dollar Holds Yen Gain Before Data
April 4th, 2014
U.S. and European equity-index futures climbed and the dollar held gains against the yen and euro before a payrolls report. Stocks fluctuated in Asia, wheat slid toward its first loss in five weeks and India’s rupee fell. Contracts on ...
Apple Bulls Bet New Products Will Bring Stock Revival
April 3rd, 2014
Options (AAPL) traders are betting new Apple Inc. products will propel the world’s largest company after it rebounded from the worst monthly loss in a year. Options on the iPhone maker haven’t been this cheap in more than two ...
Parliament brings the audit reform to its final stages
April 3rd, 2014
ACCA (the Association of Chartered Certified Accountants) welcomes the endorsement of the audit package by the European Parliament. Sue Almond, external affairs director at ACCA, says: ‘ACCA congratulates the effort to increase audit quality and re-establish investor confidence in ...
FCA announces competition review into credit cards
April 3rd, 2014
The Financial Conduct Authority (FCA) today confirmed its intention to undertake a competition review into the UK’s £150bn credit card market at the end of this year. Speaking at the Credit Today Credit Summit in London, FCA chief executive ...
EUR/USD bounced off monthly PP
April 3rd, 2014
Pair’s Outlook Despite a good start EUR/USD failed to preserve a bullish tendency and declined after touching the resistance at 1.3820/15, which is created by the monthly PP and 20-day SMA. Still, considering that there is a strong support ...
