Search Results for: Allen
French energy giant Total’s profits rise 20% to $5.1bn
February 11th, 2016
French oil major Total has reported a 20% increase in annual net profit to $5.1bn, compared with $4.2bn a year earlier. As with other oil firms, the rise in net profit came thanks to its oil refinery business, which ...
Twitter shares fall on guidance, sequential user decline
February 11th, 2016
Twitter shares fell Wednesday after-hours as the company revealed that its user numbers had declined sequentially. The company reported fourth quarter earnings of 16 cents per share on $710 million in revenue. Analysts had expected Twitter to report earnings of about ...
Day Of Reckoning: The Collapse Of The Too Big To Fail Banks In Europe Is Here
February 11th, 2016
There is so much chaos going on that I don’t even know where to start. For a very long time I have been warning my readers that a major banking collapse was coming to Europe, and now it is ...
Gold demand resilient in 2015 as central banks and consumers spur strong H2 recovery
February 11th, 2016
Global gold demand in 2015 was virtually flat compared to 2014 at 4,212 tonnes (t), according to the World Gold Council’s latest Gold Demand Trends report. Despite a challenging start to the year, gold demand rebounded in the second half ...
Oil prices fall on U.S. storage glut, ongoing economic woes
February 11th, 2016
Oil prices slid on Thursday as record U.S. crude inventories at the Cushing delivery point and worries about a global economic slowdown weighed on markets, and Goldman Sachs said prices would remain low and volatile until the second half ...
Commission extends by one year the application date for the MiFID II package
February 10th, 2016
The Commission has proposed a one year extension to the entry into application of the revised Markets in Financial Instruments Directive, or MiFID II. This is to take account of the exceptional technical implementation challenges faced by regulators and ...
Wall Street Trading Desks Upgradng Technology – And The Sales Traders That Use It
February 10th, 2016
A new breed of Wall Street sales trader is using increasingly sophisticated technology to preserve fixed income trading revenues and profits in a market defined by capital requirements and other regulations that squeeze margins, depressed trading volumes and historically ...
The five fears stalking the global banking industry
February 10th, 2016
China, emerging markets, the eurozone, oil and commodities all pose a threat to the banking sector this year Banking shares have come under pressure this week as investors express fears that the sector will be badly hit by a global ...
Deutsche Bank Jumps as Lender Said to Consider Bond Buyback
February 10th, 2016
Cryan said in memo to staff on Tuesday bank is `rock solid’ Shares jump as much as 11%, biggest intraday gain since 2011 Deutsche Bank AG jumped the most in more than four years as Germany’s biggest bank considers ...
Nikkei extends losses with banks, commodities stocks under pressure
February 10th, 2016
Monkeys threw a wrench into Asian markets in the Lunar New Year’s first week of trading, with sharp sell-offs in Japan, Singapore, and Down Under on Wednesday. In Australia, the S&P/ASX 200 lost 56.37 points, or 1.17 percent, to close at ...
