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SEC Charges Investor Relations Executive With Insider Trading While Preparing Clients’ Press Releases

July 22nd, 2014 (0)
The Securities and Exchange Commission today charged a partner at a New York-based investor relations firm with insider trading on confidential information he learned about two clients while he helped prepare their press releases. The SEC alleges that Kevin ...

Saudi Arabian stock market to open to foreign investors

July 22nd, 2014 (0)
Saudi Arabia’s stock market will open up to foreign investors for the first time, the country has announced. The move, which should happen in the first half of 2015, sparked a 3% rise in the Tadawul index in early ...

Europe rebounds as Ukraine rebels hand over black boxes

July 22nd, 2014 (0)
European markets rode a global rebound in risk appetite on Tuesday helped by the first signs of cooperation from Ukraine’s pro-Russian separatists over the downed Malaysian Airlines plane. After days of uncertainty, a train carrying the remains of some ...

Hong Kong Leads Asian Equities Higher

July 22nd, 2014 (0)
Asian stocks advanced, with the regional benchmark index on course for its highest close in six years, as investors bet rising tensions in Ukraine over the shooting down of a jetliner won’t curb global economic growth. Aluminum Corp. of ...

Technical Analysis EUR/USD looks too heavy to rise

July 22nd, 2014 (0)
Pair’s Outlook A rally after a test of 1.35 turned out to be quite shallow, as the currency pair was sold of as soon as it approached the monthly S1 and up-trend line. As a result, right now EUR/USD ...

Fund managers unconvinced by Apple rebound as firm readies results

July 22nd, 2014 (0)
Apple, once a can’t-miss stock, is finding it tough to persuade portfolio managers to come back into the fold. The company’s shares are up 17 percent for the year, nearly three times the performance of the benchmark Standard & ...

Russian Billionaires in ‘Horror’ as Putin Risks Isolation

July 21st, 2014 (0)
Russia’s richest businessmen are increasingly frantic that President Vladimir Putin’s policies in Ukraine will lead to crippling sanctions and are too scared of reprisal to say so publicly, billionaires and analysts said. If Putin doesn’t move to end the ...

Julius Baer expects to settle U.S. tax case in months

July 21st, 2014 (0)
Julius Baer (BAER.VX) expects to strike a deal with U.S. authorities in a matter of months to settle a criminal investigation into the Swiss bank’s role in helping wealthy Americans evade their taxes, its chief executive said on Monday. ...

Europe Stocks Fall With Russia, Commodites; Rupiah Gains

July 21st, 2014 (0)
European stocks fell and Russian equities declined for a sixth day amid mounting international condemnation of President Vladimir Putin after the downing of a passenger jet in Ukraine. Commodities dropped to the lowest since February and Indonesia’s rupiah strengthened. ...

European Stocks Decline as Investors Weigh Earnings

July 21st, 2014 (0)
European stocks declined as investors weighed earnings reports and international tensions after the downing of a passenger jet in Ukraine and Israel’s offensive in Gaza. U.S. index futures were little changed, while Asian shares climbed. Aveva Group Plc and ...
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