Search Results for: Shares
BofA triples third-quarter loss due to forex legal expense
November 7th, 2014
Bank of America Corp (BAC.N) tripled its third-quarter loss to $232 million, in a revision that added legal costs related to global investigations into foreign exchange trading at major banks. Regulators are investigating allegations that dealers colluded and manipulated key ...
Twitter stock: A disappointing first year
November 7th, 2014
Twitter (TWTR) sold shares to investors exactly one year ago today — and it’s been disappointing lesson for most regular investors. Privileged investors are up big on Twitter – but most everyone else found out how expensive hype can be. ...
European Stock-Index Futures Retreat Before ECB Decision
November 6th, 2014
European stocks fell for the third time in four days, as investors awaited the European Central Bank’s monetary policy decision and any hints on further stimulus from President Mario Draghi. U.S. index futures and Asian shares also declined. The Stoxx Europe 600 Index ...
UK banks face break-up threat as competition probe launched
November 6th, 2014
Britain’s big banks could be broken up after the country’s competition watchdog launched a full-blown investigation into services for small business customers and personal accounts because of a lack of competition. It marks the latest step by authorities to break the dominance of ...
Qualcomm sees more China trouble, faces probes in U.S., Europe
November 6th, 2014
Qualcomm Inc (QCOM.O) warned on Wednesday that an antitrust investigation and problems collecting royalties could harm its business in China next year and it also disclosed new regulatory investigations in the United States and Europe. China’s expanding high-speed 4G ...
London Stock Exchange plans midday dip into its new dark pool
November 6th, 2014
The London Stock Exchange (LSE) is to launch an anonymous auction for two minutes at noon each day in a bid to take ground from so-called dark pool trading facilities that have been gaining market share. Dark pools are ...
Euro edges higher, stocks sag before ECB meeting
November 6th, 2014
The euro edged higher and European stocks pulled back on Thursday as investors waited to see how ECB chief Mario Draghi responds to another run of poor euro zone data and reports of disquiet about his leadership style. The ...
Petrobras Official Takes Leave in Possible PwC Resolution
November 5th, 2014
A senior Petroleo Brasileiro SA (PETR4) executive cited in a corruption investigation took a leave of absence, clearing the way for the company to report earnings and debate a fuel-price increase. Sergio Machado, head of the state-run oil producer’s transport unit ...
Oil price swoon pulls WTI crude to 3-year low
November 5th, 2014
Oil prices fell to a three-year low Tuesday as Saudi Arabia cut prices of crude exported to the U.S., raising the specter of a bruising battle for market share that threatens the U.S. energy boom but could bring ultra-low ...
Apple Issues Bonds in Euros for First Time
November 5th, 2014
When you are as rich as Apple and you want to make investors happy, you issue debt. That is what the company has done for investors over the last year and a half. On Tuesday, Apple issued debt for the first time ...
