Search Results for: SIX
Oil-Price Drop Isn’t Tonic for Sonic
June 22nd, 2015
Sonic shares have momentum, but geography and valuations provide a risk Up nearly fourfold since 2012, it seems like Sonic Corp. warrants a snazzy prefix, perhaps “super” or even “hyper.” Gaudy share-price gains among quick-serve eateries are common these days, of course, as ...
Nasdaq closes at record high
June 19th, 2015
Good news for anyone who bought tech stocks on March 10, 2000. You’re finally making money! The Nasdaq soared 1.3% Thursday to an intraday record of 5,143.32, topping the previous all-time high of 5,132.52 from more than 15 years ago. The ...
Eurogroup statement on Cyprus, 18 June 2015
June 19th, 2015
The Eurogroup welcomes the institutions’ conclusion following the sixth review mission that Cyprus‘ adjustment programme has been brought back on track. The fiscal performance continues to be solid, the debt outlook has improved, and structural reforms are progressing in ...
Move signals Temenos’ continued confidence in the strength of the Nordics market opportunity
June 18th, 2015
Temenos (SIX: TEMN), the market leading provider of mission-critical solutions to the financial services industry, today announces the opening of a new office in Helsinki, Finland. The Helsinki office will sit under the umbrella of the recently announced Nordics ...
Herbert Smith Freehills shuts Abu Dhabi office as firm consolidates Middle East presence
June 18th, 2015
Reduced to just one partner in Abu Dhabi, Herbert Smith Freehills is shutting the office and shifting its five-lawyer team to Dubai just six years after opening. Having launched the office in 2008 amid the sharp crash in the Middle East ...
MENA economic growth: A good start for Egypt
June 18th, 2015
It is not without its challenges, but the economy is improving – steadily if unspectacularly. A curious place these days, Egypt. Politically, it continues to make liberal-minded observers queasy, whether for sentencing ousted – and democratically elected – Islamist ...
Chinese investors protest over missing US$1.2b
June 17th, 2015
Chinese investors who sank about $1.2 billion into companies in Switzerland that did not have trading licenses have staged protests in Geneva to demand their money back. The Swiss financial watchdog and legal experts say they face tremendous difficulties ...
Buy side should double down on scaling R&D investments
June 17th, 2015
To address declining return on investment, buy side needs to speed up the process of testing and disqualifying unworkable strategies, while allowing more resources to be invested in benchmarking and scaling up the most promising systems, according to a ...
Bitcoin surges as Grexit worries mount, posts best run in 18 months
June 17th, 2015
Bitcoin surged by as much as 7 percent on Tuesday and was on track for its longest winning streak in 18 months, as concerns that Greece could tumble out of the euro drove speculators and Greek depositors into the ...
S.Korea reviewing whether global banks in FX probe affected Korea
June 17th, 2015
South Korea’s anti-trust agency chief said on Wednesday the agency is looking into whether the activities of six global banks that were recently fined nearly $6 billion in a U.S. and European forex probe had affected South Korean companies. ...
