Search Results for: NEX Group
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 ...
Aussie Parity With Kiwi Seen as Rates Diverge
July 29th, 2014
Australia’s dollar is set to weaken to parity with its New Zealand peer for the first time, HSBC Holdings Plc predicts, as contrasting economic fortunes force a widening of the gap in interest rates. The top panel of the ...
Argentine’s debt must be paid to holdouts
July 29th, 2014
Argentina’s battle in courts for over a dozen of years against the claims of holdout investors in its defaulted debt, did not turn out positively. The holdouts, led by Paul Singer’s Elliott Capital Management and Mark Brodsky’s Aurelius Capital ...
Banks Cash In on Mergers Intended to avoid Taxes
July 29th, 2014
Jamie Dimon, the chief executive of JPMorgan Chase, recently said, “I love America.” Lloyd Blankfein, the chief executive of Goldman Sachs, wrote an opinion article saying, “Investing in America still produces the best return.” Yet guess who’s behind the ...
Venezuelan Officers involved in Colombian Cocaine Traffic
July 29th, 2014
The head of Venezuelan military intelligence was involved on the payroll of a Colombian drug lord, invested his own money in drug shipments and personally coordinated the shipment of thousands of kilograms of cocaine, according to prosecutors in Miami ...
Statement by the European Commission, ECB and IMF on the Fifth Review Mission to Cyprus
July 25th, 2014
Staff teams from the European Commission (EC), European Central Bank (ECB), and the International Monetary Fund (IMF) visited Nicosia during July14-25, 2014 for the fifth review of Cyprus’s economic program, which is supported by financial assistance from the European ...
China’s long problems to resurface in 2016
July 25th, 2014
PNC Financial Services Group is staying cautious warning of a “perfect storm” that could surface by 2016, beside the recent positive data from China. Stuart Hoffman, chief economist at Financial Services Group wrote in a report this week, “Several ...
China Shares Roll after PMI Data
July 24th, 2014
Chinese stocks rose, sending the benchmark index to a three-month high, as a jump in the nation’s manufacturing gauge spurred optimism the government will meet its economic-growth target for this year. Industrial Bank Co. (601166) and Poly Real Estate ...
SEC set to end $1 a share for some money funds
July 23rd, 2014
Regulators are expected to vote Wednesday to end a longtime staple of the investment industry — the fixed $1 share price for money-market mutual funds — at least for some money funds used by big investors. The idea is ...
Research: Trends & Conclusions
July 23rd, 2014
The insolvency and restructuring business remains slow-moving thanks to the improving economy and low interest rates. Lawyers note increased competition and a fight for the limited work available. But this period may soon be at an end as the ...
