Search Results for: Shares
Pokemon Go craze sparks legal action in the US
August 2nd, 2016
Pokemon may be the craze of the moment, but not everyone is so keen to catch ‘em all. A US man has filed legal action against Niantic, who made the game, and Nintendo, because he claims players are coming to ...
Oil Retreat Sinks Asian Stocks; Aussie Declines After RBA Cut
August 2nd, 2016
Crude oil hovers at $40 a barrel after entering bear market Japanese government to give details of fiscal stimulus Tuesday European stocks declined for a second day and dollar weakened as oil traded near $40 a barrel. Japanese 10-year ...
Europe expected to retreat at open
August 2nd, 2016
European stocks were lower in morning trade Tuesday, dragged down by banking shares as worries about the health of the region’s lenders continued to weigh on sentiment. The pan-European STOXX 600 was down 0.71 percent. The banking sector was once again ...
3 ex-bankers jailed over Ireland’s biggest accounting fraud
August 1st, 2016
Three former senior bankers were sent to prison Friday for their roles in concealing the loss of billions in deposits at the defunct Anglo Irish Bank, the biggest accounting fraud in Irish corporate history. Judge Martin Nolan told the ...
MasterCard reports Second Quarter 2016 net revenue increase of 13%
July 29th, 2016
Second-quarter net income of $983 million, including a special item, or $0.89 per diluted share Second-quarter net income of $1.1 billion, excluding a special item, or $0.96 per diluted share Second-quarter net revenue increase of 13%, to $2.7 billion Second-quarter gross dollar volume up 11% and ...
Facebook just passed Buffett’s Berkshire Hathaway in market value
July 29th, 2016
Mark Zuckerberg has put Warren Buffett in his rear view mirror. Zuckerberg’s tech behemoth, Facebook Inc. FB, +1.35% edged out Buffett’s Berkshire Hathaway Inc. BRK.B, +0.16% moving ahead of the market capitalization of the Sage of Omaha’s investment conglomerate Thursday. Facebook added about $5 billion ...
Cyprus approves tax breaks to boost the start-up sector
July 28th, 2016
The government has approved a package of tax incentives to boost the start-up sector and innovation in Cyprus, undersecretary to the president Constantinos Petrides announced on Wednesday. The package includes an up to 50 per cent tax exemption on ...
Dollar Extends Drop as Japan Leads Stocks Lower; Metals Rise
July 28th, 2016
Odds of Fed rate increase this year remain below 50% South Korean won climbs to October high; yen rebounds The dollar extended losses after the Federal Reserve reiterated its gradual approach to raising interest rates, despite acknowledging risks to ...
Apple’s iPhone sales and revenue fall again – but Wall Street’s loving it
July 27th, 2016
Apple shares were up nearly seven per cent in after hours trading, breaking through the $100 mark, after reporting earnings and iPhone sales slightly ahead of Wall Street expectations. The figures Apple revenue hit $42.4bn in the third quarter, down from $49.6bn in the same period last year ...
Yen Plunges and Japan Stocks Rebound on Stimulus Bets; Oil Sinks
July 27th, 2016
Aussie jumps after inflation data, before reversing gains U.S. stock-index futures climb on Apple’s after-market rally The yen dropped as Japan’s Prime Minister was reported to commit to a $265 billion stimulus package. Chinese stocks tumbled and crude oil ...
