Search Results for: Shares
UPDATE: Audi and Skoda say 3.3m cars have ‘cheat’ emissions software
September 28th, 2015
Audi and Skoda say they have a total of 3.3 million cars fitted with the software that allowed parent company Volkswagen to cheat US emissions tests. Some 2.1 million Audis affected worldwide include 1.42 million in western Europe, with 577,000 ...
JPMorgan reduced its stake in Plus500
September 28th, 2015
Plus500 has issued a report to inform on a transaction in its shares. A Notification of Major Interest in Shares shows that JPMorgan has reduced its holding in Plus500 to 6.66% by selling 1,491,359 Ordinary Shares from the 9,147,434 ...
Plus500: Cancellation of Admission to AIM-playtech update
September 28th, 2015
As disclosed by the Company in its announcement dated 18 September 2015, the recommended cash acquisition of Plus500 by Playtech PLC (“Playtech”) (the “Acquisition”) is taking longer than had originally been anticipated. The statutorily required regulatory assessment of the ...
RAK, UAE, and traditional tax havens
September 25th, 2015
What is the difference between the United Arab Emirates (UAE) and other popular tax havens? Why more and more international traders and investors find the UAE to be one of the best places to incorporate offshore companies for various ...
Asian stocks turn negative on Fed uncertainty
September 25th, 2015
Asian stocks lost steam in choppy trade on Friday, mirroring the lackluster lead from Wall Street amid uncertainty over U.S monetary policy. In a speech that occurred after the market close, Federal Reserve chair Janet Yellen said that an ...
Greek Banks Said to Face Recapitalization at Top of Range
September 24th, 2015
Auditors tell lenders they need to be more conservative Latest bailout package allocates 25 billion euros for banks Greek banks are being told by auditors some of their assets are overvalued, meaning they may have to raise close ...
Futures fall sharply; Yellen speech awaited
September 24th, 2015
U.S. stock index futures fell sharply on Thursday as concerns about global economic growth grew and ahead of a speech by Federal Reserve Chair Janet Yellen. * Investors will look for clues regarding the timing of an interest rate ...
HSBC Thinks China Stocks Rout Is Nearly Over
September 24th, 2015
Margin loans are at 10-month low relative to market value Record selloff by leveraged traders fueled stock declines Further losses by Chinese stocks are limited after leveraged traders cut $218 billion of positions, according to HSBC Holdings Plc. The ...
European stocks rise despite China fears, Volkswagen up 4%
September 23rd, 2015
European stocks were trading higher on Wednesday in what has been a choppy morning of trade amid renewed fears over the health of the Chinese economy and continued fallout from the Volkswagen emissions scandal. The pan-European STOXX 600 was up was ...
Activist investor takes 6% stake in LPL Financial, sending stock higher
September 23rd, 2015
Marcato Capital says shares of the independent broker-dealer are undervalued at current levels An activist hedge fund investor on Tuesday afternoon said it had taken a 6.3% stake in LPL Financial Holdings Inc., sending the independent broker-dealer’s stock price ...
