Search Results for: Shares
Germany’s DAX 30 index jumps above 12,000 for first time
March 16th, 2015
Germany’s DAX 30 index DAX, +1.07% jumped to an all-time intra-day high on Monday, climbing above the 12,000 mark for the first time ever. The index briefly touched 12,001.98, but fell back to trade up 0.8% at 11,991.92 at the latest. The ...
ITG announces new capital plans
March 16th, 2015
ITG announces new capital plans and confirms receipt of notice of nomination of directors ITG (NYSE:ITG) or the “Company”, an independent execution and research broker, today provided stockholders with an update on the Company’s review of its capital allocation policies, ...
FXCM Aims for FastMatch, Lucid Stake Sale to Repay Loan
March 16th, 2015
FXCM Inc., the currency brokerage nearly ruined in January by the Swiss franc’s surge, is seeking to sell its stakes in three trading businesses as it grapples with repaying an emergency loan. The company started the process of selling ...
FCA confirms approach for financial promotions in social media
March 16th, 2015
The Financial Conduct Authority (FCA) has today published its guidance on financial promotions in social media. This follows detailed engagement and consultation with the industry. The FCA recognises that social media are powerful channels of communication which are of ...
Cyprus pulls back from abyss after traumatic bailout
March 16th, 2015
Two years after its failing banks nearly pushed cash-strapped Cyprus over the edge, sending shockwaves through the eurozone, the country has pulled back from the abyss, saved by painful austerity and a multi-billion euro rescue package. Indeed, Finance Minister ...
Investor Group to Buy GE Capital’s Australia, New Zealand Consumer-Lending Unit
March 16th, 2015
Investors include KKR, Deutsche Bank, Värde Partners, in one of biggest deals in Asia-Pacific this year In one of the biggest deals in the Asia-Pacific region so far this year,General Electric Co. agreed to sell the consumer-lending business of GE Capital ...
Citi-linked China broker’s IPO 90 times oversubscribed in $150 bln investor rush
March 13th, 2015
Orient Securities Co‘s $1.6 billion initial public offering, the largest mainland China listing since 2011, was oversubscribed by a factor of over 90 as investors scrambled for a sale boosted by new rules capping IPO prices and soaring industry profits. Under ...
U.S. stocks post biggest gain in 5 weeks
March 13th, 2015
Banking stocks rally after passing Fed’s stress tests U.S. stocks recorded the biggest gain in more than a month as expectations for a rate hike were pushed back following disappointing data on retail sales. Monthly sales at U.S. retailers ...
Moscow Exchange announces results for the full year 2014
March 12th, 2015
Moscow Exchange (MOEX) today announces its financial results under International Financial Reporting Standards (IFRS) for the year ended 31 December 2014. Higher volumes on the FX, Equities and Money Markets, as well as increased interest income and fees from ...
Banks announcements following Fed’s “Stress Tests”
March 12th, 2015
Following Federal Reserve “Stress Tests”, Morgan Stanley, JPMorgan Chase and Bank of America issued press releases informing that: Morgan Stanley Announces Share Repurchase of Up to $3.1 Billion of Common Stock and the Increase of Its Quarterly Dividend to ...
