Search Results for: SEC
Gold – Enjoys Support at $1290 and Moves Back Above $1300
August 7th, 2014
Gold for Thursday, August 7, 2014 In the last 24 hours gold has surged higher away from the support level at $1290 and back up well above $1300 to a one week high. Over the last week or so ...
USD/CAD – Stable as US, Canadian Trade Data Improves
August 6th, 2014
The Canadian dollar is steady on Wednesday, as USD/CAD trades in the mid-1.09 range early in the North American session. In economic news, there was positive news on both sides of the border, as Canadian and US Trade Balance ...
U.S. Stocks Drop on Ukraine as Sprint, Time Warner Slump
August 6th, 2014
U.S. stocks fell, after equities slipped to a two-month low yesterday, on concern the Ukraine crisis will escalate and as Sprint Corp. and Time Warner Inc. (TWX) tumbled on merger news. Sprint slid 18 percent after a person with ...
FCA sets out its approach to financial promotions in social media
August 6th, 2014
The Financial Conduct Authority (FCA) has today launched a consultation which is intended to clarify its approach to the supervision of financial promotions in social media. The FCA’s overall approach is that the financial promotion rules are intended to ...
Xiaomi just took over China – is the U.S. next?
August 6th, 2014
In four short years, Chinese smartphone maker Xiaomi went from non-existence to No. 1 in China. Could the same happen in the United States? Possibly — but not anytime soon. Xiaomi captured 14% of the Chinese market in the ...
Judge Rakoff Says 2011 S.E.C. Deal With Citigroup Can Close
August 6th, 2014
The settlement that just wouldn’t settle — Citigroup’s 2011 deal with the Securities and Exchange Commission — has finally cleared its last hurdle. Judge Jed S. Rakoff of Federal District Court in Manhattan, who initially rejected the $285 million ...
New York is back on top for IPOs
August 6th, 2014
New York is once again the top destination for global companies listing their stocks, according to a new report on “cross-border” IPOs. It’s the first time New York has topped Hong Kong since 2009. Companies that are based overseas ...
Treasury seeks ways to block tax inversions
August 6th, 2014
The Treasury Department is exploring ways to unilaterally block a surge of U.S. companies shifting their headquarters overseas in search of major tax savings. The new escalation of the White House battle against corporate tax inversions came as a ...
Apple, Samsung Agree to End Patent Suits Outside U.S.
August 6th, 2014
Apple and Samsung Electronics are starting to wind down their global patent battle. The companies said in a joint statement today that they have agreed to drop all suits against each other in countries outside the U.S. Claims are ...
Asia shares worn away by Wall Street, oil near nine-month low
August 6th, 2014
Asian stocks fell broadly on Wednesday while the U.S. dollar held firm after a slump on Wall Street and tensions over Ukraine smothered markets with a mood of risk aversion. Geopolitical concerns overshadowed upbeat U.S. economic data which included ...
