Search Results for: Shares
Tobacco giant eyes $47 billion merger
October 21st, 2016
British American Tobacco has launched a $47 billion (£38 billion) bid to buy US tobacco giant Reynolds. The tobacco giant, which already owns 42.2% of Reynolds, has offered $55.5 per share for the outstanding 57.8%. This represents a premium of ...
Asian Stocks Weighed Down by Earnings as Euro Declines With Oil
October 21st, 2016
Crude falls on Russia supply concerns as dollar strengthens Hong Kong’s financial markets shut owing to Typhoon Haima Asian stocks snapped a three-day winning streak as corporate earnings gave cause for caution and the euro sank to its weakest ...
How a Broker defrauded customers for six years
October 20th, 2016
The Securities and Exchange Commission (SEC) has issued an announcement to inform for an administrative proceeding against an ex-LPL broker. According the announcement, SEC bars Paul Lebel, an LPL broker from 2008 to 2014 for churning and excessively trading ...
Asian Stocks Rise With U.S. Futures, Mexican Peso After Debate
October 20th, 2016
Oil near 15-month high on surprise drop in U.S. stockpiles Aussie weakens on jobs data; euro steady ahead of ECB meeting Asian stocks rose with U.S. equity index futures and the Mexican peso as the third and final American ...
SFC reprimands and fines FXCM Asia Limited HK$4 million
October 19th, 2016
The Securities and Futures Commission (SFC) has reprimanded and fined FXCM Asia Limited (HK FXCM) (now known as Rakuten Securities Hong Kong Limited) HK$4 million for regulatory breaches in relation to its order execution practice for foreign exchange (Forex) ...
FinTech Group now controls 98% of XCOM AG’s voting rights
October 19th, 2016
FinTech Group AG (new WKN: FTG111, new ISIN: DE000FTG1111, Ticker Symbol: FLA.GR) has reached an agreement with significant minority shareholders of its XCOM AG technology subsidiary and ensured that it has options to purchase approximately an additional 18% of ...
xtb reports a drop in the Group revenues for the 3Q 2016
October 19th, 2016
The Management Board of X-Trade Brokers Dom Maklerski S.A. (xtb) has issued a press release to publish its preliminary financial and operating results for the Q3 of 2016. Management Board commentary on the preliminary results Third quarter of 2016, ...
Asian Stocks, Aussie Trim Gains After China Data as Crude Climbs
October 19th, 2016
Chinese GDP growth stabilized; factory output missed estimates Oil nears $51 as industry report signals drop in U.S. supplies A touch of caution was evident in financial markets after a slew of Chinese data that largely painted a picture of stabilization ...
Asian Stocks Rise as Mixed U.S. Data Damp Rate Hike Outlook
October 18th, 2016
Japan’s Topix index fluctuates between gains and losses N.Z.’s benchmark index tumbles 1.3 percent to three-month low Asian stocks rose as mixed U.S. economic data supported the case for monetary policy to remain accommodative. The MSCI Asia Pacific Index ...
Abu Dhabi Securities Exchange launched Blockchain for eVoting Services
October 17th, 2016
Abu Dhabi Securities Exchange (ADX) announced in GITEX Tech Week its launch of Blockchain technology for eVoting services. The launch is considered the first of its kind for the MENA region financial markets as it employs the latest innovations ...
