Search Results for: Shares
Swedish regulator warns against unauthorised firm
September 26th, 2014
The Swedish Financial Supervisory Authority (Finansinspektionen) has today published this statement in order to warn investors against dealing with unauthorised firm. Harrison & Bradley Financial Group , with headquarters in Osaka, Japan, has not received authorisation from Finansinspektionen and therefore ...
Chinese firms may struggle to surface in Europe
September 26th, 2014
With Frankfurt likely out of bounds for Chinese company flotations after a series of corporate problems, their advisers would be forgiven for seeking alternative capital-raising venues around Europe. They will probably find it tough going. Last week’s announcement by ...
Yahoo must take essential decision once again
September 26th, 2014
Yahoo, more than any other investor, should have benefited from the public market debut last week of Alibaba, the Chinese e-commerce giant. The company sold Alibaba shares worth $6 billion after taxes, and its remaining stake is valued at ...
Share trading flat after Wall Street sell-off
September 26th, 2014
U.S. shares trading was near the flat line Friday after Wall Street suffered its worst slide in nearly two months Thursday. The Dow closed down 264.26 points, 1.5%, to end below 17,000 at 16,945.80. Throughout most of the day, ...
Tax inversion rules affect stocks
September 24th, 2014
The Obama administration’s tougher rules on offshore corporate inversions had an immediate effect Tuesday, pushing down the stock prices of companies considering such moves. But the highly technical changes to the tax code did not appear to go far ...
Tesco in turnoil after profits overstatement
September 23rd, 2014
Tesco, Britain’s biggest retailer and one of its great corporate success stories of the last decade, has been thrown into turmoil after disclosing that it had overstated its first-half profit by £250m. Four senior executives were suspended and shares ...
Germany’s Merck To Buy Sigma-Aldrich For $17 Bn
September 23rd, 2014
Drugs and chemicals maker Merck KGaA agreed on Monday (22 September) to acquire US company Sigma-Aldrich for $17 billion in cash to boost its lab supplies business, the biggest takeover in the German group’s history. The deal helps Merck, ...
Stocks end lower: Nasdaq off more than 1%
September 23rd, 2014
Wall Street took a sharp hit Monday as tech stocks plunged and Alibaba (BABA) fell more than 4% on its second day of trading after a blockbuster start on Friday. Investor concerns of a slowing Chinese economy also weighed ...
Galaxy Securities Says Staff Cooperating With Authorities
September 22nd, 2014
China Galaxy Securities Co. the top underwriter of Chinese corporate debt in 2011, said three employees were directed to cooperate with the nation’s judicial authority on matters the firm didn’t specify. Dai Xu, chief officer of the Beijing-based company’s ...
Alibaba prices IPO at $68 a share ahead of New York stock flotation
September 19th, 2014
Early investors in Chinese online giant Alibaba are set to sell $8bn worth of shares Friday morning, escaping the “lockup” that usually requires them to hold their shares for several months. The disclosure, first reported by the Wall Street ...
