Search Results for: Shares
Volkswagen faces shareholder claims over emissions scandal
January 19th, 2016
Dozens of large shareholders in Volkswagen (VOWG_p.DE) plan to sue the carmaker in a German court, seeking compensation for the plunge in its shares due to its emissions test cheating scandal. Law firm Nieding + Barth said on Monday ...
FXCM Inc (FXCM) Drops 5.61% on January 18
January 19th, 2016
FXCM Inc (FXCM) was one of the Russell 2000’s biggest losers for Monday January 18 as the stock slid 5.61% to $12.95, a loss of $-0.77 per share. Starting at an opening price of $13.24 a share, the stock traded ...
Asia stocks eke out gains in afternoon trade
January 19th, 2016
Asian equities bounced back in afternoon trade after having a mixed but volatile reaction to a slew of key Chinese data that were mostly in line with expectations. Chinese stocks jumped in late trade, with the Shanghai composite up ...
China GDP Slows to Weakest Since 2009 on Manufacturing Slide
January 19th, 2016
As growth ticked lower, yuan and stocks volatility marked 2015 Two-speed divergence as old drivers slow, services do better China’s economy slowed in December, capping the weakest quarter of growth since the 2009 global recession, as the Communist leadership ...
U.K. Markets Pounded and ‘Brexit’ Vote Doesn’t Even Have a Date
January 18th, 2016
Pound, stocks decline as risks to U.K. economy stack up Turmoil is hurting outlook for Bank of England rate increase Wherever you look, Britain’s financial markets are creaking. The pound is at the weakest level since 2010 against the ...
Hong Kong: Two solicitors engaged in fraud
January 18th, 2016
Court finds two solicitors engaged in insider dealing and fraud or deception The Court of First Instance today found that two solicitors, Mr Eric Lee Kwok Wa and Ms Betty Young Bik Fung, and Eric Lee’s sister, Ms Patsy ...
BATS Global Markets reports record 2015 Market Share
January 18th, 2016
BATS Global Markets reports record 2015 Market Share in U.S Equities, Options and ETF Trading; Remains #1 Europe Stock Market More Than Doubles the Number of ETFs Listed on Its U.S. Market in 2015, Bringing Total Number to ...
Banks battle to maintain dominance of UK’s Business Foreign Exchange market
January 18th, 2016
As businesses across the UK seek to minimise the risks of currency fluctuations, the business foreign exchange market shows strong growth as well as fierce competition, according to new research from market analysts East & Partners. The firm’s UK ...
Wells Fargo Surpasses Citigroup
January 18th, 2016
Wells Fargo sees 6% growth in assets; Citigroup posts strong annual profit Starting the new year, most big banks are touting their regimens to slim down: Wells Fargo & Co. just keeps growing. The San Francisco-based bank surpassed Citigroup Inc. to become the ...
Asia markets close mostly down; Japan, Australia near bear markets
January 18th, 2016
Markets in Asia closed mostly lower Monday, on the back of another Wall Street sell-off Friday. Major indexes in Australia and Japan were nearing bear market territory, down over 18 percent from their 52-week highs. Down Under, the Australian ...
