Search Results for: EY
Ex-Carter’s executives, NY fund manager get prison for insider trading
July 9th, 2014
Two former executives at Carter’s Inc (CRI.N) and a New York hedge fund manager received prison sentences on Tuesday for engaging in an insider trading conspiracy involving the children’s clothing company’s stock. Eric Martin, a former vice president of ...
Technical Analysis USD/JPY: Yen Strengthens Ahead of FOMC Minutes
July 8th, 2014
Technical Analysis for USD/JPY USD/JPY continues to post losses on Tuesday, as the pair trades in the mid-101 range late in the North American session. There are no major releases on today’s schedule. In Japan, Economy Watchers Sentiment fell short ...
EUR/USD: Listless as German Trade Balance Improves
July 8th, 2014
EUR/USD is showing little movement on Tuesday, as the pair trades just below the 1.36 line. There are no major releases on today’s schedule. In the Eurozone, German Trade Balance posted a wider surplus, as the indicator hit an ...
FMA issues New Zealand’s first licence for peer-to-peer lending services
July 8th, 2014
The Financial Markets Authority (FMA) has issued its first peer-to-peer lending service licence. Auckland-based Harmoney is the first provider of this new financial service, under the provisions of the Financial Markets Conduct Act 2013. “This is a new service ...
Macquarie drawn into Commonwealth Bank financial planning row; ASIC undertaking
July 8th, 2014
Macquarie Group’s private wealth unit has been accused of not co-operating with the Senate committee that delved into unethical financial planning practices at the Commonwealth Bank of Australia. Inquiry chairman Labor senator Mark Bishop said Macquarie had similar “systematic ...
Total CEO keeps costly drilling strategy to end: 2014
July 8th, 2014
The chief executive of French oil major Total (TOTF.PA) is giving himself until the end of the year to strike oil at a big new field somewhere in the world before considering whether to change direction and cut the ...
Australian dollar lifts to 3-day high on confidence boost
July 8th, 2014
The Australian dollar rose to a three-day high today as improved domestic business confidence data sparked a further recovery after it hit a two-week low last week. National Australia Bank’s Business Confidence Index rose a point to positive eight ...
GBP Is A Bad Apple While Dollar Is Squeezed
July 8th, 2014
Not the ideal start to a week where many expected more enthusiasms being expressed across the various asset classes, especially after last week’s stronger US employment headline print. Maybe the market is priming itself for the summer doldrums? The ...
Commerzbank Shares Fall on News of Settlement Talks
July 8th, 2014
Shares in Commerzbank fell about 3.5 percent on Tuesday following news that Germany’s second-largest lender could be the latest European institution to settle with the American authorities over suspicions that it violated sanctions. The broader German stock market was ...
China says GSK-linked trial being handled according to law
July 8th, 2014
The trial of a couple arrested last year following work they did for British drugmaker GlaxoSmithKline PLC (GSK.L) in China will be handled according to the law, China’s foreign ministry said on Tuesday, brushing off U.S. concern about the ...
