Search Results for: IPO
CMC Markets lists on the London Stock Exchange
February 8th, 2016
Following the announcement by CMC Markets plc (the “Company” and, together with its subsidiaries, “CMC” or the “Group”) on 26 January 2016 of the price range for the initial public offering of its ordinary shares (the “Offer” or “IPO”), ...
Federal Court fined individual for Forex Fraud
February 5th, 2016
The U.S. Commodity Futures Trading Commission (CFTC) has issued an announcement to inform that Federal Court in Florida Orders Restitution, a Civil Monetary Penalty, and Permanent Injunction against Robert Tripode for Engaging in Fraud in Connection with Forex. The ...
This Is Really Bad For Banks
February 4th, 2016
Once upon a time, falling interest rates were great for banks. A lower cost of capital gave lenders access to cheap raw material while causing borrowers to clamber for what banks were selling. Large profits usually ensued. But not ...
Apple ordered to pay $625 million in patent dispute
February 4th, 2016
Apple ordered to pay $625 million in patent dispute with VirnetX Apple Inc must pay VirnetX Holding Corp more than $625 million (428 million pounds) for using the patent licensing company’s Internet security technology without permission in its FaceTime ...
Laiki Bank case: Vgenopoulos rubbishes claim of Laiki ignorance of loan exchange
February 4th, 2016
Embattled former Laiki Bank boss Andreas Vgenopoulos insisted on Wednesday that a loan exchange worth $217 million must have been approved by Laiki’s board of directors, especially when such a decision required approval from the Central Bank of Cyprus. ...
Google parent Alphabet passes Apple market cap at the open
February 3rd, 2016
Shares of Alphabet opened nearly 3 percent higher Tuesday, pushing the technology giant’s market capitalization past Apple to become the world’s most valuable public company. Alphabet has a market cap of $547.1 billion, higher than Apple’s $529.3 billion as ...
Philips Shares Rally on Earnings
January 26th, 2016
Dutch electronics firm says its operational performance continued to improve Shares in Royal Philips NV rallied Tuesday after the Dutch electronics company reported earnings that beat market expectations, giving investors some comfort ahead of the planned sale of its ...
CNMV Spain warns on unregistered financial services firms
January 21st, 2016
The regulatory body of the Spanish Stock Market, Comision Nacional del Mercado de Valores (CNMV), has issued a press release to inform public in relation with financial services firms that are not authorised to provide investment services in Spain ...
Asia markets extend declines; Nikkei down 3.49%, Hang Seng drops 3.68%
January 20th, 2016
Asian stocks tumbled Wednesday, with major indexes declining by more than 1 percent each, as global sentiment remained low on concerns over economic growth, China and low oil prices. “The frailty in the Chinese growth remain the core problem ...
Morgan Stanley Reports Fourth Quarter 2015
January 20th, 2016
– Fourth Quarter Net Revenues of $7.7 Billion and Earnings per Diluted Share of $0.39 – Excluding DVA, Net Revenues of $7.9 Billion and Earnings per Diluted Share of $0.43 – Full Year Net Revenues of $35.2 Billion and ...
