Search Results for: Big Four

Interview with Benoît Cœuré, ECB

November 10th, 2014 (1)
Interview with Benoît Cœuré, Member of the Executive Board of the ECB, conducted by Theano Theiopoulou (Phileleftheros newspaper) on 9 November 2014 1. Why was banks’ participation in the ECB’s targeted longer-term refinancing operations (TLTROs) lower than expected? There ...

Gold Slumps With Silver to Lowest Since ’10 as Platinum Retreats

November 7th, 2014 (0)
Gold and silver tumbled to the lowest level in more than four years as a gauge of the dollar headed for the biggest weekly advance in more than 12 months, curbing demand. Platinum dropped to the lowest since 2009. ...

Twitter stock: A disappointing first year

November 7th, 2014 (0)
Twitter (TWTR) sold shares to investors exactly one year ago today — and it’s been disappointing lesson for most regular investors. Privileged investors are up big on Twitter – but most everyone else found out how expensive hype can be. ...

Lenovo Second-Quarter Profit Climbs, but Shares Dip

November 6th, 2014 (0)
Lenovo Group Ltd reported quarterly revenue that missed analyst estimates, with a decline in smartphone sales curbing investor optimism about the world’s biggest maker of personal computers (PCs) turning into a force in mobile devices. Lenovo’s earnings came at ...

Euro edges higher, stocks sag before ECB meeting

November 6th, 2014 (0)
The euro edged higher and European stocks pulled back on Thursday as investors waited to see how ECB chief Mario Draghi responds to another run of poor euro zone data and reports of disquiet about his leadership style. The ...

British Banks May Face Probe of Checking Accounts, Loans

November 5th, 2014 (0)
U.K. antitrust regulators said they may open an investigation into checking accounts and banking services for small- and medium-sized businesses. The Competition and Markets Authority will issue a decision on starting a full probe into banking for small firms ...

Australia & NZ shares slip as commodity prices fall, China data awaited

November 5th, 2014 (0)
Australian and New Zealand shares slipped on Wednesday with weaker iron ore, copper and oil prices dragging down Australia’s heavyweight resources sector amid concerns about global demand. The S&P/ASX 200 index fell 29.9 points to 5,490 by 01:20 GMT, ...

Apple Issues Bonds in Euros for First Time

November 5th, 2014 (0)
When you are as rich as Apple and you want to make investors happy, you issue debt. That is what the company has done for investors over the last year and a half. On Tuesday, Apple issued debt for the first time ...

EU leaders weigh plan for Greek exit from bailout

November 4th, 2014 (0)
Eurozone leaders are weighing a plan to allow Greece to exit its four-year-old bailout at the end of the year by converting nearly €11bn of unused rescue funds into a backstop for Athens for when it raises cash from ...

Yen hits 7-year low vs dollar; Aussie falls after weak China PMI

November 3rd, 2014 (0)
The yen fell to a fresh seven-year low against the dollar on Monday, extending a massive sell-off sparked by the Bank of Japan’s surprise decision to boost its already huge bond-buying stimulus. Sellers also took aim at the Australian ...
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