Search Results for: IG Group
Insider Convictions Seen Too Easy in Chiasson Appeal
April 22nd, 2014
What looks like insider trading to one federal judge might not rise to the level of a crime to another. Or, in the case of two hedge fund managers fighting their convictions, to another three judges. Level Global Investors ...
Wall Street Bond Dealers Whipsawed on Bearish Treasuries Bet
April 22nd, 2014
Betting against U.S. government debt this year is turning out to be a fool’s errand. Just ask Wall Street’s biggest bond dealers. While the losses that their economists predicted have yet to materialize, JPMorgan Chase & Co. (JPM), Citigroup ...
Japan exports growth slows sharply, keeps pressure on BOJ to act
April 22nd, 2014
Japan suffered its worst annual trade deficit in March as exports growth slowed to its weakest in a year, suggesting a rapid loss of economic momentum that may prompt policy makers into early action as a national sales tax ...
Co-op Legal Services posts £22m loss for 2013
April 17th, 2014
Co-operative Legal Services lost £9.1m on a flat turnover of £33m in 2013, the Co-operative Group’s results reveal today. The legal subsidiary also said it had taken a £13m ‘goodwill impairment’ following a reassessment of its business plan which ...
European Stocks Rise Before U.S. Data as Tesco Rallies
April 16th, 2014
European stocks rose the most in three weeks as investors weighed earnings reports and awaited data that may show American housing and industrial activity increased. U.S. index futures and Asian shares climbed. Tesco Plc advanced the most since 2012 ...
Tax Havens Put U.S. Filers on Hook for $1,259 Each, Report Says
April 16th, 2014
U.S. taxpayers would need to pay an average of $1,259 more a year to make up the federal and state taxes lost to corporations and individuals sheltering money in overseas tax havens, according to a report. “Tax haven abusers ...
Asia shares rise, shrug off slower China growth
April 16th, 2014
Shares rose Wednesday in Asia as positive sentiment from strong corporate earnings outweighed Ukraine’s crisis and slower economic growth in China. The Nikkei jumped 2.5 percent to 14,347.41 as a weaker yen boosted exporter stocks and Softbank Corp. shares ...
Credit Suisse profits down 34 percent
April 16th, 2014
Swiss bank Credit Suisse says net profit fell 34 percent in the first quarter as bond-market woes hurt earnings at its investment banking business. Profit fell to 859 million Swiss francs ($979 million) from 1.303 billion francs in the ...
Asia stocks mixed ahead of China growth report
April 15th, 2014
Asian stock markets were mixed Tuesday as jitters about China’s economy overshadowed a perk from strong U.S. data and earnings. Hong Kong’s Hang Seng was down 1.2 percent at 22,754.69 as a drop in China’s money supply unnerved investors ...
ASIC bans convicted former adviser from credit industry
April 15th, 2014
The Australian Securities and Investments Commission (ASIC), has permanently banned Mr Pavan Vyas from engaging in credit activities after he was convicted for dishonest conduct. Mr Vyas submitted 15 false insurance applications between June 2012 and March 2013 to ...
