Search Results for: SEC
Investment in Latin America Falls 10% in First Half
September 5th, 2014
Private equity and venture capital investments in Latin America dropped by 10 percent in the first half of this year compared with figures in the period a year earlier, the Latin American Private Equity and Venture Capital Association said ...
Down again! How low can Apple’s stock go?
September 5th, 2014
Apple (AAPL) shares got hit again Thursday following their colossal drubbing Wednesday. Shares of Apple closed down 81 cents, or 0.8%, to $98.12 in late-day trading Thursday as investors cool off from a remarkable bull run this year. Concerns ...
Martoma’s insider-trading conviction upheld
September 5th, 2014
The insider trading conviction of former SAC Capital portfolio manager Mathew Martoma was upheld Thursday by a federal judge. Dealing a legal setback to the former financial lieutenant for billionaire hedge fund manager Steven Cohen, U.S. District Court Judge ...
China’s State Media Join Brokerages Saying Buy Equities
September 4th, 2014
China’s state-run media are trying to do something the securities industry has failed to accomplish for much of the past three years: get the world’s biggest population to buy more stocks. The official Xinhua News Agency published at least ...
ECB plans 500 billion euros bond purchase program
September 4th, 2014
Plans to launch an asset-backed securities (ABS) and covered bond purchase program worth up to 500 billion euros are on the table at Thursday’s European Central Bank policy meeting, people familiar with the discussions say. ECB President Mario Draghi ...
Goldman Sachs wins role stabilizing early trade in Alibaba IPO
September 4th, 2014
Goldman Sachs Group Inc (GS.N) will be the bank in charge of overseeing early share trading in China’s Alibaba Group Holding Ltd’s (IPO-BABA.N) initial public offering, according to a source. Other banks working on the e-commerce company’s IPO were ...
Germany’s €6bn mega-float puts London on notice
September 4th, 2014
Europe’s biggest online fashion player Zalando, a rival to Britain’s Asos, plans to raise more than €500m (£399m) to fund its expansion by listing a stake on the Frankfurt stock exchange. The announcement comes as London’s tech community launches ...
Caution dominates Asia bourses ahead of ECB meeting
September 4th, 2014
Asian bourses retreated from multi-month highs in a mixed session as investors took a cautious stance ahead of a keenly anticipated monetary policy update from the European Central Bank. Coming off a seven-month high, Japan’s Nikkei 225 Average fell ...
Bank of Japan Stands Pat on Monetary Policy
September 4th, 2014
The Bank of Japan maintained its massive monetary stimulus and its upbeat view on the economy on Thursday, unfazed by recent signs the pain from an April sales tax rise may last longer than expected and make its inflation ...
Asian shares hit seven-year high on Ukraine, ECB hopes
September 4th, 2014
Asian shares steadied near seven-year highs on Thursday, underpinned by hopes of a ceasefire in Ukraine, although a cautious mood prevailed for now ahead of a European Central Bank meeting later in the session. Global shares had rallied on ...
