Search Results for: ICE
West TX Oil drops Before Stockpile Data
July 30th, 2014
West Texas Intermediate crude traded near the lowest price in two weeks before government data that may signal the strength of fuel consumption in the U.S., the world’s biggest oil user. Brent fell in London. Futures were little changed ...
Prosecutors, defense spar over $150 billion forfeiture for Madoff aides
July 30th, 2014
Four months after five former Bernard Madoff aides were convicted of helping conceal his massive Ponzi scheme, their lawyers and U.S. prosecutors are still fighting over the trial’s key question: What did they know, and when did they know ...
Flipkart Indian e-commerce, raises $1 Billion
July 29th, 2014
India’s largest e-commerce firm, Flipkart, has confirmed that it managed to raise $1 billion in its latest round of fund-raising, thus becoming by far the largest venture investment ever received by an Indian Internet company. Globally, the amount raised would ...
UBS, Deutsche Bank questioned by U.S. regulators on trading operations
July 29th, 2014
Germany’s Deutsche Bank (DBKGn.DE) and Switzerland’s UBS (UBSN.VX) were investigated by U.S. regulators, who are searching to find whether broker-run stock exchanges gave an unfair advantage to high-frequency traders. The investment banks, which said on Tuesday that they were ...
Gold Firm as Markets Eye Fed Policy Meeting
July 29th, 2014
Gold is steady on Tuesday, as the spot price stands at $1307.47 late in the European session. On the release front, it’s another quiet day, highlighted by CB Consumer Confidence. The markets are expecting another strong showing from the ...
AFM warns for unauthorised firm
July 29th, 2014
The supervisory authority of Holland (Netherlands Authority for the Financial Markets – AFM), reports that the company Matheson Wang Group (www.mathesonwang.com), with declared headquarters in Hong Kong, is offering investment services without the required authorisation. Source: consob
Suspension of trading in a financial instrument
July 29th, 2014
The Financial Suspension and Market Authority has published an announcement informing that trading in Ageas, on Euronext Brussels is suspended from 29/07/2014 at 11:48 AM due to the decision of the court of justice of Amsterdam. Source: fsma
Dryness causes Soybeans Advance to Two-Week High
July 29th, 2014
There has been an increase for soybeans within two weeks bearing that dry weather in parts of the U.S. will cut yields in the world’s biggest producer. Corn fell. Dryness in the southwestern Midwest will expand through Aug. 6, ...
U.K. Stocks Advance From a Two-Day Decline as GKN Climbs
July 29th, 2014
U.K. stocks went up, after a two-day decline, as investors weighed earnings from companies such as GKN Plc and Next Plc. GKN jumped 6.9 percent after reporting higher first-half pretax profit. Next climbed 2.5 percent after raising its full-year ...
U.S. Stock-Index Futures Are Little Changed Before FOMC
July 29th, 2014
U.S. stock-index futures were little changed, as investors weighed company earnings and the Federal Reserve starts a two-day policy meeting. Herbalife Ltd. (HLF) sank 11 percent in early New York trading after posting quarterly earnings that missed estimates. Aetna ...
