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Bottom Line for S&P 500 Is Top Line as Price-Sales Ratio Expands

February 9th, 2015 (0)
The bottom line for this bull market may turn out to be the top line. After a six-year run in the Standard & Poor’s 500 Index, corporate revenue, not corporate profits, is flashing red. Judged against sales, the index ...

SEC probes Blackberry options trading ahead of Reuters report about Samsung talks

February 6th, 2015 (0)
The U.S. Securities and Exchange Commission is investigating a January 14 spike in trading in BlackBerry Ltd options that took place hours before Reuters reported that Samsung Electronics Co was in talks to buy the Canadian smartphone maker, according ...

Asian Stocks Follow U.S. Shares Higher as Oil Resumes Rebound

February 6th, 2015 (0)
Asian stocks followed U.S. equities higher, with the regional benchmark index extending its weekly advance, as materials and energy shares gained amid higher oil prices. The MSCI Asia Pacific Index rose 0.4 percent to 142.14 as of 9:01 a.m. ...

BGC Extends All-Cash Tender Offer to Acquire GFI GROUP

February 5th, 2015 (0)
BGC Extends All-Cash Tender Offer to Acquire GFI GROUP for $6.10 per share to February 19 Including Shares Owned by BGC, Stockholders Representing Approximately 70% of GFI’s Shares Not Owned by Executives and/or Directors Supported Proposed Transaction  Only an ...

UBS Faces a New Tax-Evasion Probe

February 5th, 2015 (0)
Authorities Investigate Whether Swiss Bank’s Clients Used ‘Bearer Securities’ to Hide Cash Federal prosecutors have launched a new probe into whether Swiss bank UBS AG helped Americans evade taxes through investments largely banned in the U.S., according to people familiar with ...

UK SMEs lack processes required to eradicate late payments, reveals Neopost survey

February 5th, 2015 (0)
New research from Neopost UK has found that – even though invoices make up nearly a third (31%) of all SMEs outgoing communications – the majority of the UK’s smaller firms are struggling to manage their invoicing processes in ...

UK watchdog hands KPMG fines totalling £390,000

February 4th, 2015 (0)
The UK accountancy watchdog said on Tuesday it had fined KPMG a total of £390,000 for putting commercial considerations above ethical standards for auditors in two separate cases of misconduct that stretch back to 2010 and 2011. In the ...

ACCA awarded ISO 22301

February 4th, 2015 (0)
The international standard for Business Continuity – ISO 22301 – has been awarded to ACCA (the Association of Chartered Certified Accountants). ACCA was recently audited by the British Standards Institute, on three separate occasions over a total period of ...

Can India match up?

February 4th, 2015 (0)
“India may never quite match China’s rapid ascent, but even at a slightly slower speed it will make waves” As China matures, double-digit growth seems even less likely to return. Where, then, is the next story of hyper-charged growth? ...

MFSA: Circular to the financial services industry on the issue of the PRIIPS Regulation

February 4th, 2015 (0)
The Malta Financial Services Authority (MFSA) would like to draw the attention of the financial services industry to the publication of Regulation (EU) No 1286/2014 of the European Parliament and of the Council of the 26 November 2014 on key information ...
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