Search Results for: U.S. regulator
Top news of the day
May 12th, 2015
1. Greece made a repayment of 750 million euro to IMF. Progress is made but work needs to be done. The move came after a what seemed a rare good news day in terms of talks between Greece and its lenders ...
Putin’s Next Takeover Target Is Oil Giant’s $34 Billion Cash Pile
May 12th, 2015
In Russia, even private companies serve at the pleasure of the president, particularly if they pump oil. A decade ago, Vladimir Putin’s allies had Mikhail Khodorkovsky jailed and seized his Yukos Oil Co. Last year, they forced billionaire Vladimir ...
FXCM Inc. Announces First Quarter 2015 Results
May 11th, 2015
Releases April 2015 Customer Trading Metrics First Quarter 2015 Highlights: U.S. GAAP trading revenues from continuing operations of $69.2 million U.S. GAAP net loss attributable to FXCM Inc. from continuing operations of $393.3 million or $8.35 per fully diluted share U.S. GAAP revenues from discontinued operations of $28.8 million ...
BofA Paying $315 Million to Settle With BNP, Deutsche Bank
May 6th, 2015
Bank of America Corp. agreed in March to pay a combined total of $315 million to settle lawsuits with Deutsche Bank AG and BNP Paribas Mortgage Corp. related to fraud losses at failed lender Taylor Bean & Whitaker Mortgage ...
Interactive Brokers Group Reports Brokerage Metrics for April 2015
May 4th, 2015
Interactive Brokers Group, Inc. (NASDAQ GS: IBKR) an automated global electronic broker and market maker, has issued a press release to announce its Electronic Brokerage monthly performance metrics for April. Highlights for the month included: 630 thousand Daily Average Revenue ...
Bank of America to Pay $180 Million to Settle Investors’ Forex Lawsuit
April 30th, 2015
BofA says cost of settlement will be covered by existing reserves Bank of America Corp. has agreed to pay $180 million to settle a lawsuit by private investors who accused the bank and others of manipulating foreign-exchange rates. The bank’s decision ...
Twitter Reports First Quarter 2015 Results; Lowers Full-Year 2015 Expectations
April 29th, 2015
Twitter, Inc. (NYSE: TWTR) today announced financial results for the quarter ended March 31, 2015, and outlined lower 2015 expectations. Q1 revenue of $436 million, up 74% year-over-year, slightly below the previously forecast range of $440 million to $450 ...
Nasdaq to settle Facebook IPO lawsuit for $26.5 million
April 27th, 2015
In a first for a U.S. stock exchange, Nasdaq OMX Group on Thursday agreed to pay $26.5 million (17.60 million pounds) to settle a class-action lawsuit involving its bungling of Facebook Inc’s $16 billion initial public offering, the plaintiffs’ lawyers said. ...
China, Japan stocks up as Beijing steps up stimulus
April 20th, 2015
Stock markets in China and Japan rose on Monday after Beijing’s latest stimulus to shore up the world’s second-largest economy underpinned sentiment and helped limit losses across the rest of Asia. China’s central bank on Sunday cut the amount ...
BofA Investors Say Settlement Reached in Forex Class Action
April 17th, 2015
Bank of America Corp. investors say they’ve settled a lawsuit accusing the company of rigging prices in the foreign-exchange market. The investors, several pension and hedge funds, didn’t reveal how much the bank would pay in a statement Thursday ...
