Search Results for: Shares
FINMA reprimands Coop Bank for market abuse
October 29th, 2014
FINMA, the Swiss financial regulator, condemned the Coop Bank for manipulating the market price of its own bearer shares from 2009 to 2013. Its actions constituted a serious violation of supervisory provisions on market manipulation and an infringement of its organisational ...
Alibaba’s share price reaches record high
October 29th, 2014
Shares in Alibaba soared to a record high of $100.45 today, valuing the Chinese etail giant at more than $247bn (£152bn), taking it above US rival Wal-Mart for the first time. Alibaba’s share price rose 2.8 per cent during ...
How Facebook just blew a great quarter
October 29th, 2014
Investors are up by a huge amount from Facebook’s lows Even before Facebook (FB) investors could start celebrating a strong quarter of earnings growth, the company cooled off the party. During the conference call, the company’s Chief Financial Officer ...
BitQuick’s New Campaign
October 29th, 2014
BitQuick is challenging USA and Europe to sell their bitcoins by using Bitquick.co. “We’re calling it the BitQuick challenge,” says Founder Jad Mubaslat. “We’re so confident users will come back, that we’re giving away $10 or 0.03 BTC, whichever ...
Billionaire Banned From Markets Increases DLF Risk
October 27th, 2014
The risk of India’s biggest property developer reneging on its debt in the year has surged to a 2009 high after it was barred from capital markets by the regulator. The median probability of nonpayment by DLF Ltd. (DLFU) ...
Markets in UAE, Qatar edge up
October 27th, 2014
Bourses in the United Arab Emirates and Qatar rose in early trade on Sunday on the back of a supportive global background and positive domestic news flow. US stocks were up on Friday after strong results from Microsoft and ...
Asia stocks mostly rise after European bank stress tests
October 27th, 2014
Asian stocks mostly rose after most of Europe’s largest banks passed a stress test aimed at checking the strength of the region’s financial system. European regulators examined the balance sheets of 130 lenders. In total, 25 banks failed, ten ...
Swiss officials search Sarasin bank in German tax probe
October 24th, 2014
Swiss authorities have searched the offices of private Bank J. Safra Sarasin as part of a probe led by German prosecutors into dividend stripping, an investment strategy that can be used to help clients avoid taxes, a Zurich prosecutor ...
Options investors see good times rolling for Facebook
October 24th, 2014
Facebook Inc (FB.O) investors used to wild swings in the company’s shares following its earnings reports are looking for relative calm on Tuesday, after the social media company posts results. Facebook, whose shares rose 3 percent to a new ...
Kuwait bourse cancels trades in Kuwait Investment Co, Zain
October 24th, 2014
The Kuwait Stock Exchange cancelled all trades in the shares of Kuwait Investment Co and Zain that had taken place on Thursday before it suspended the stocks at mid-session, it said in a statement. Kuwait Investment Co surged 7.6 ...