Search Results for: SEC
S&P 500 Dividends Poised for Years More Growth
July 17th, 2014
Dividends paid by Standard & Poor’s 500 Index companies will climb almost as much in the next five years as they did during the last four, according to Rod Smyth, RiverFront Investment Group LLC’s chief investment strategist. The comparison ...
ECB will reveal unprecedented amount of data after bank stress tests
July 17th, 2014
The European Central Bank (ECB) on Thursday laid out plans to publish a trove of data on individual banks – ranging from measures of their leverage to a standard level of non-performing loans – on individual banks when it ...
Europe Stocks Slide With Russia’s Ruble as Gold Advances
July 17th, 2014
European stocks dropped while gold and the yen rallied as new sanctions sent Russia’s ruble and bonds plunging amid efforts to curb violence in Ukraine. Chinese shares fell as new offerings locked up funds and a potential onshore-bond default ...
Indonesia Ex-Central Banker Gets Jail for Bank Bailout Graft
July 17th, 2014
Former Bank Indonesia deputy governor Budi Mulya was sentenced to 10 years in jail for corruption, the latest high-profile conviction that shows how policy making in Southeast Asia’s biggest economy is undermined by graft. Mulya was handed a 500 ...
FBI sentences man for a $3.4 Million Forex trading fraud
July 17th, 2014
The American Federal Bureau of Investigation(FBI) has announced that a Quincy man swindled more than two dozen investors out of $3.4 million in an exotic foreign exchange fraud run from his Quincy home. Marcellus Lopes Lee was indicted in ...
Hedge fund plans American Apparel future without ex-CEO Charney
July 17th, 2014
Standard General, a little-known hedge fund that has taken the reins of American Apparel, has mapped out a recovery plan for the retailer with or without its ousted Chief Executive Officer Dov Charney. The fund invests in companies that ...
U.S. sanctions set to slow Rosneft’s dollar debt, not oil deals
July 17th, 2014
President Barack Obama aimed a direct blow at Russia’s economic heart on Wednesday with sanctions on Rosneft, the flagship oil giant that generates more than 4 percent of the world’s crude and over 8 percent of the country’s GDP. ...
U.S. foreclosure activity hits lowest level since 2006: RealtyTrac
July 17th, 2014
Foreclosure activity in the United States dropped last month to the lowest level since July 2006, before the housing bubble burst, and likely will continue to drop through the first half of next year, an industry group said on ...
Asia follows Wall St. higher, euro probes lows
July 17th, 2014
Asian equities gained on Thursday, lifted by another record-high close on Wall Street, while the euro probed recent lows against the dollar amid speculation the U.S. Federal Reserve is tilting toward tighter monetary policy in light of a stronger ...
Yellen Says Restraining the Fed’s Oversight Would Be a ‘Grave Mistake’
July 17th, 2014
The Federal Reserve’s chairwoman, Janet L. Yellen, said on Wednesday that it would be a “grave mistake” for Congress to adopt legislation proposed by House Republicans constraining the Fed’s management of monetary policy. Ms. Yellen and Republican lawmakers traded ...
