Search Results for: SIX
Iran Oil Industry: How much Iran needs to bring it back to levels it was five year ago
July 30th, 2015
Iran needs around $100 bln to revamp oil industry – minister Iran needs around $100 billion to bring its oil industry back to the level it was five years ago, the country’s Industry Minister Mohammad Reza Nematzadeh told Austrian ...
Drachma revolt adds unease to Greece’s awkward alliance
July 30th, 2015
Prime Minister Alexis Tsipras’ power-sharing acrobatics look harder to perform by the day. Opposition parties are propping up his left-wing government long enough to negotiate a new bailout and keep the country in the eurozone, while senior members of ...
Investment Technology Group (ITG) in talks to settle SEC Probe and announces preliminary Second Quarter Earnings
July 30th, 2015
ITG announces Preliminary Second Quarter 2015 Earnings Guidance, including Reserve for Probable SEC Settlement The firm informs that expects its results for the second quarter of 2015 to be a GAAP net loss of $10.2 million, or $0.30 per ...
Asian shares, dollar up on Fed’s optimism; earnings in focus
July 30th, 2015
Asian stocks tiptoed higher on Thursday and the dollar consolidated recent gains after the U.S. Federal Reserve painted a relatively bright picture of the economy, but a deepening sell-off in commodities kept gains in check. Prospects of stronger U.S. ...
Morgan Stanley to pay more than $2.3 million to a group of investors for losses
July 29th, 2015
Firm accused of unauthorized trading and other misdeeds by brokers in Jackson, Miss.-area branch An arbitration panel ordered Morgan Stanley to pay more than $2.3 million to a group of investors for losses tied to alleged unauthorized trading and other misdeeds ...
Can Bitcoin Change Wi-Fi For the Better?
July 29th, 2015
It’s certainly not unusual in the bitcoin and blockchain industry to see several companies coalesce around a new use case for the technology. However, what may be novel about the sudden focus on Wi-Fi is the size and ubiquity ...
Barclays reports 25% rise in profits
July 29th, 2015
Barclays bank has reported a 25% rise in statutory pre-tax profits to £3.14bn for the six months to the end of June. Profits last year were £2.55bn. The bank also set aside a further £850m to compensate customers – ...
Euro static as Greek bailout talks resume – Euro Currency update
July 29th, 2015
Euro The Greek bailout talks resumed on Tuesday with a high security presence, but as no interesting news emerged from the discussions the Euro was left trading fairly statically against a number of its peers. The common currency did ...
Regulators to investigate ‘massive sell-off’ of stocks
July 29th, 2015
The China Securities Regulatory Commission said it is probing “a massive sell-off” after Monday’s sharp dive in the market. The CSRC said it had received whistle-blower reports and market monitoring reports, and had organized inspection and enforcement teams. The ...
Interdealer broker Tullett Prebon acquired MOAB Oil broker and announced Financial Results
July 29th, 2015
Tullett Prebon plc (the “Company”) announced that it has acquired MOAB Oil, Inc. (“MOAB”) a leading independent broker of physical and financial instruments in the energy markets. MOAB’s expertise includes physical gasoline, gasoline blending components, oil product swaps, ethanol, ...
