Search Results for: ELA
Aussie Tumbles as Jobless Surge Revives Rate-Cut Bets; Yen Falls
August 7th, 2014
Australia’s dollar fell by the most in a month as traders revived bets on central bank interest-rate cuts after the unemployment rate jumped to the highest level since 2002. The Aussie weakened at least 0.5 percent versus all of ...
Bank of America, U.S. near record $17B settlement
August 7th, 2014
The Department of Justice and Bank of America have reached a record settlement in principle in which the bank will pay just under $17 billion to resolve allegations related to fraudulent marketing of mortgage-backed securities that helped cause the ...
FCA sets out its approach to financial promotions in social media
August 6th, 2014
The Financial Conduct Authority (FCA) has today launched a consultation which is intended to clarify its approach to the supervision of financial promotions in social media. The FCA’s overall approach is that the financial promotion rules are intended to ...
New York is back on top for IPOs
August 6th, 2014
New York is once again the top destination for global companies listing their stocks, according to a new report on “cross-border” IPOs. It’s the first time New York has topped Hong Kong since 2009. Companies that are based overseas ...
Japan Expands Sanctions on Russia Over Ukraine
August 6th, 2014
Japan on Tuesday slapped new sanctions on Russia over its backing of separatist insurgents in eastern Ukraine, adding 40 individuals and two Crimean companies to its blacklist, news reports said. The sanctions went into force immediately after they were ...
China Anti-Trust Regulator Conducts New Raids on Microsoft and Accenture
August 6th, 2014
A Chinese anti-trust regulator conducted new raids on Microsoft Corp and partner in China Accenture PLC, the agency said on its website on Wednesday, after saying last week Microsoft is under investigation for anti-trust violations. The State Administration for ...
Big Banks’ ‘Living Wills’ Get Failing Grade
August 6th, 2014
Wall Street banks spent two years asking U.S. regulators what they should put in hypothetical bankruptcy plans to prove they aren’t “too big to fail.” The agencies broke their silence yesterday with a grade: Fail. The Federal Reserve and ...
Technical Analysis USD/JPY lingers at 200-day SMA
August 6th, 2014
Technical Analysis USD/JPY for August 06, 2014 Pair’s Outlook USD/JPY remains unable to decouple from the 200-day SMA, which is not caving in to the selling pressure but at the same time is failing to ignite a rally. However, ...
Walgreen Is Said to Near a Deal to Buy Out Boots Pharmacy, but Without a Tax Inversion
August 6th, 2014
The Walgreen Company is said to be near a deal to take over the British pharmacy retailer Alliance Boots, but through a plan to do so without moving its corporate headquarters abroad. The American retailer is closing in on ...
Geopolitical risk is back up, Dow back down
August 6th, 2014
Just when the market was trying to find its footing, geopolitics rocked the Dow again. This time it was renewed fears that Russia might invade Ukraine. Whether the fears are simply rumor or innuendo, or real fears taken from ...
