Search Results for: ICE
Oracle to buy Micros for $5.3 billion
June 24th, 2014
Oracle Corp. has agreed to buy Micros Systems Inc. for $5.3 billion as chief executive Larry Ellison seeks to reignite slowing growth by adding software for hotels and restaurants. Micros stockholders will get $68 a share in cash, 18 ...
Global Finance Functions chellenge for transformation
June 24th, 2014
ACCA (the Association of Chartered Certified Accountants) think-tank outlines 10 key requirements needed for effective finance function change. With ongoing pressures on the CFO organisation to drive the efficiency and effectiveness of the finance function, finance transformation continues to ...
Ex-Millennium Fund Manager Gets Four Years in Prison
June 24th, 2014
Former Millennium Global Investments portfolio manager Michael Balboa was sentenced to four years in prison for defrauding investors by inflating the value of Nigerian sovereign debt by $80 million. Balboa, convicted in December in a retrial in Manhattan federal ...
Hong Kong Stocks Climb From Biggest Drop in Three Months
June 24th, 2014
Hong Kong stocks gained, with the city’s benchmark index rebounding after falling the most in three months yesterday, as consumer and technology shares rose. China Resources Enterprise Ltd. gained 2.4 percent, with the retailer and brewer leading the Hang ...
Bond Market Has $900 Billion Mom-and-Pop Problem When Rates Rise
June 24th, 2014
It’s never been easier for individuals to enter some of the most esoteric debt markets. Wall Street’s biggest firms are worried that it’ll be just as simple for them to leave. Investors have piled more than $900 billion into ...
Oil falls as fear fades over Iraq conflict
June 24th, 2014
The price of oil fell Tuesday as fears receded that the insurgency roiling Iraq would affect its oil production and exports. Islamic militants have been steadily expanding their grip on the country’s north, where they control a broad swath ...
UK challenger banks call for easier access to BoE liquidity
June 24th, 2014
Britain’s “challenger” banks are pushing for easier access to Bank of England liquidity and more favourable capital rules to help them compete with established lenders. Small banks say they can be asked to provide substantial collateral when they use ...
FCA warning against unauthorised firm
June 23rd, 2014
The Financial Conduct Authority (FCA), the British financial regulatory authority, has issued a warning informing the investors that Capital One Forex (www.capitaloneforex.com) is not permitted to provide any financial services or products. FCA points out that this company is neither ...
The Case of the Missing White-Collar Criminal
June 23rd, 2014
The senior executives who played leading roles in the 2008 financial crisis can breathe a sigh of relief: If any committed crimes, the statute of limitations will run out for most of them this year. It’s safe to say ...
Silver futures down 0.32% on profit-booking, global cues
June 23rd, 2014
Silver prices fell 0.32 per cent to Rs 44,428 per kg in futures trade today as speculators booked profits amid a weak trend in global markets. At the Multi Commodity Exchange, silver for delivery in July traded lower by ...
