Search Results for: Bank of America
Symantec to Acquire Lifelock for $2.3 Billion to Form World’s Largest Digital Safety Platform for Consumers and Families
November 21st, 2016
Combines Norton, the #1 Consumer Security brand, and LifeLock, a leading Identity Protection provider Combination will expand addressable market, broaden value proposition, and enable sustainable consumer segment revenue and profit growth Company reaffirms fiscal year 2017 non-GAAP financial guidance ...
The serfs have rebelled – Europe next?
November 19th, 2016
Hayek’s The Road to Serfdom described how personal freedoms are progressively eroded by the state in the name of the common good. His warning is more associated with totalitarianism and dictatorships, than modern democracies, but the statist attitudes he ...
Dollar Extends Weekly Surge on Yellen Commentary as Metals Drop
November 18th, 2016
Japan’s Topix climbing for a seventh day as yen languishes Fed Chair sees hike relatively soon, plans to serve full term The dollar extended its advance after Federal Reserve Chair Janet Yellen signaled an interest-rate hike could be imminent, ...
RBS rejected Goldman, Deloitte warning over 2008 cash call, lawsuit alleges
November 17th, 2016
Just hours before Royal Bank of Scotland (RBS.L) launched a massive cash call in 2008 to shore up its capital, the bank’s senior advisers were still discussing whether its financial figures were potentially misleading for investors, court documents allege. ...
SEC Chair Mary Jo White Announces Departure Plans
November 15th, 2016
SEC Chair Mary Jo White, after nearly four years as the agency’s head, today announced that she intends to leave at the end of the Obama Administration. Under Chair White’s leadership, the Commission strengthened protections for investors and the ...
Bonds Selloff Abates as Dollar Snaps Trump Rally; Oil Rebounds
November 15th, 2016
Emerging-market stocks, currencies have first gains in a week Japan bonds fall after auction; 10-year yield touches zero The fallout from Donald Trump’s election to the U.S. presidency showed signs of moderating in financial markets with benchmark Treasuries and emerging-market ...
Perilous government finances
November 13th, 2016
President-elect Trump stated in his victory speech that he intends to make America great again by infrastructure spending. Unfortunately, he is unlikely to have the room for manoeuvre to achieve this ambition as well as his intended tax cuts, ...
Asian Shares Jump With Metals as Trump Reassessed; Kiwi Weakens
November 10th, 2016
Stock gains led by raw-materials producers as copper jumps Australian 10-year debt yield surges more than 20 basis points Stocks in Asia rebounded from their steepest slide since Brexit, industrial metals surged and regional bonds tumbled after Donald Trump’s ...
Oil Prices Slip on Risk Aversion as Trump Takes Lead
November 9th, 2016
Crude-oil prices continued to sink in early afternoon Asia trade on Wednesday as Republican nominee Donald Trump appeared on his way to a possible stunning upset in the U.S. presidential race, sparking jitters across global equities and commodities. The ...
Asian Stocks Rise With Won, Mexican Peso on U.S. Election Day
November 8th, 2016
S&P 500 futures slip after gauge snaps nine-day losing streak Industrial metals reverse gains as gold edges higher Asian equities rose with South Korea’s won and the Mexican peso as Americans prepare to vote in their presidential election with ...