Search Results for: EY
Telefonica-KPN Review Said to Focus on Small Operators
May 15th, 2014
The European Commission’s review of the proposed merger of Telefonica SA (TEF) and Royal KPN NV (KPN)’s German wireless units focuses on bolstering smaller competitors that lease capacity rather than attracting a new network operator, according to people familiar ...
CySec: acquisition of Administrative Services Providers (ASP) licence
May 15th, 2014
The Cyprus Securities and Exchange Commission (CySec), the Cypriot financial regulatory authority, has announced that the following firms have successfully obtained the CySec license to operate as Administrative Services Providers (ASP): AK Orion Trust Limited Stradlic Ltd Therefore, they ...
Sony has fallen 7% after company forecasts more losses
May 15th, 2014
Shares in Japanese electronics giant Sony have fallen by as much as 7% after the company forecast its second straight year of losses. The stock sell-off came after Sony reported a loss of 125bn yen (£732m; $1.3bn) for the ...
USD/JPY contained by 102.35/10
May 15th, 2014
Pair’s Outlook As suspected, USD/JPY failed to gain a foothold above 102.35/10, which is a necessary condition for the long-term sustainable recovery. But at the same time the currency pair is currently well-supported (mainly by the 200-day SMA and ...
EUR/USD faces 200-day SMA
May 15th, 2014
Pair’s Outlook After a precipitous decline EUR/USD now finds itself trapped between two strong levels. From above the currency pair is capped by a combination of the up-trend line and 100-day SMA. From below the price is underpinned by ...
Geithner Must Give S&P Documents in U.S. Fraud Suit
May 14th, 2014
Ex-U.S. Treasury Secretary Timothy Geithner must comply with Standard & Poor’s demand that he provide documents related to its claim the U.S. sued the company in retaliation for downgrading government debt. Harold W. McGraw III, chairman of S&P parent ...
Futures manipulator sentenced to community service
May 14th, 2014
The Securities and Futures Commission (SFC) has issued a press release informing as follows: The Eastern Magistrates’ Court today sentenced a futures trader, Mr Ernest Fan Kwong Hung, to 200 hours of community service and fined him $59,430 for ...
InstaForex Becomes Latest Online Forex Broker to Launch Bitcoin CFD Trading
May 14th, 2014
The list of online forex brokers entering the bitcoin market and launching CFDs of the digital currency continues to increase during 2014. Starting with Plus500 and AvaTrade in 2013, along with eToro, FXOpen, and Markets.com and many other smaller ...
When Education Doesn’t Pay
May 14th, 2014
When I was in business school, back at the turn of the millennium, a team from my New Venture Strategy class proposed an innovative way to pay for school: sell shares of your future income to investors. I was ...
Stocks: In need of a break?
May 14th, 2014
Wall Street might need a break. The past few days have seen investors push stock markets to all-time highs, but it looks like the pace could slow Wednesday. U.S. stock futures were barely moving ahead of the opening bell, ...
