Search Results for: Shares
European stocks end lower as M&A hopes fade
November 10th, 2015
UniCredit may cut thousands of jobs; VW hit by downgrade European stocks finished lower Monday, hurt in part by disappointment over potential merger developments for InterContinental Hotels Group PLC and auto maker Renault SA. The Stoxx Europe 600 SXXP, -1.07% finished down ...
MTN CEO Dabengwa Resigns After $5.2 Billion Nigeria Penalty
November 9th, 2015
Dabengwa is replaced by Chairman Nhleko for up to six months The shares pare early losses to trade higher in Johannesburg MTN Group Ltd. Chief Executive Officer Sifiso Dabengwa unexpectedly resigned from Africa’s biggest mobile-phone operator to take responsibility ...
Nikkei, Shanghai outperform lackluster Asia
November 9th, 2015
Asian stocks diverged on Monday, with markets in China and Japan leaping to their highest levels since August 21 while other regional bourses wobbled after below-view trade figures released at the weekend from China. October exports fell 6.9 percent from a ...
SEC warns for fraudsters who may attempt to manipulate share prices by using social media
November 6th, 2015
The U.S. Securities and Exchange Commission’s (SEC) Office of Investor Education and Advocacy (“OIEA”) is issuing this Investor Alert to warn investors about fraudsters who may attempt to manipulate share prices by using social media to spread false or ...
Facebook tops General Electric in market value
November 6th, 2015
Facebook surpassed General Electric, which traces its history back to Thomas Edison and the first light bulb, in market value Thursday as the U.S. economy sheds the last of its industrial influence and moves firmly into a digital age decades in ...
China stocks set for 3rd day of gains, Hong Kong slips on US rate worry
November 6th, 2015
Main indexes up; small caps help sustain the rise Some investors sell blue chips on profit taking Hong Kong index down, pressured by possible U.S. rate hike China’s stocks rose for a third day on Friday, but gains were ...
Virtusa Announces Definitive Agreement to Acquire a Majority Interest in Polaris Consulting & Services, Ltd.
November 5th, 2015
Virtusa and Polaris would together create a leading global provider of end-to-end IT services and solutions to banking and financial services (“BFS”) industry segment. Virtusa and Polaris collectively will have approximately 18,000 (1) employees, generating $826 million of pro ...
SEC Identifies More Alleged Corrupt Brokers in Stock Manipulation Case
November 5th, 2015
The Securities and Exchange Commission announced it has identified three additional individuals to charge in a penny stock manipulation case the agency filed last year against alleged corrupt brokers and others. The SEC filed a request in federal court ...
Gold Price Drops ‘Clean Through Support’ as Precious ETFs Shrink, US Jobs Hit Forecast
November 5th, 2015
GOLD PRICE losses of 2.4% for the week so far worsened in London trade Wednesday as global stock markets rose sharply and new US jobs data put net hiring in the world’s largest economy just ahead of analyst forecasts ...
Asian stocks mixed on possible December rate hike
November 5th, 2015
Asian stocks put up a mixed performance on Thursday, after Federal Reserve chair Janet Yellen said that December’s monetary policy meeting would be a “live possibility” for a rate hike if upcoming economic data were supportive. Yellen was testifying before the ...
