Search Results for: Shares
The dollar’s strength pressured many emerging market currencies
September 28th, 2017
The dollar and U.S. bond yields rose on Thursday after President Donald Trump proposed the biggest U.S. tax overhaul in three decades and as strong U.S. economic data added to the case for a rate hike by the Federal ...
The Euro and Yen advanced, Gold rose, Asian stocks dropped
September 22nd, 2017
Asian stocks dropped with U.S. equity-index futures after a report that North Korea could respond to fresh sanctions with a hydrogen bomb in the Pacific. The yen and gold advanced. After a flat start to Friday’s Asian session, benchmarks ...
CEO Charged With Using Secret Accounts for Insider Trading in Company Stock
September 21st, 2017
The Securities and Exchange Commission today charged the former CEO of a Silicon Valley-based fiber optics company with insider trading in company stock by using secret brokerage accounts held in the names of his wife and brother. The SEC ...
U.S. Stocks at Records, dollar fell, euro climbed
September 20th, 2017
Major U.S equity benchmarks padded all-time highs, the dollar fell and Treasuries edged lower after Donald Trump gave a speech to the United Nations and as the Federal Reserve began a two-day meeting. The S&P 500 Index climbed for ...
European stocks close highs; Investors look on FED’s meeting on Tuesday and Wednesday
September 19th, 2017
European stocks close highs; Portugal wins back investment grade status; EDF up 2.1% The pan-European Stoxx 600 was up 0.33 percent at the close with most sectors and major bourses in positive territory. Portugal’s stocks outperformed after the euro ...
FINRA fines broker dealer $750,000
September 13th, 2017
FINRA Hearing Panel Fines C.L. King & Associates $750,000 for Negligent Misrepresentations and Omissions in Connection with Death Put Investments and AML-Related Violations The Financial Industry Regulatory Authority (FINRA) announced that a FINRA extended hearing panel censured Albany, NY-based ...
ASIC bans former financial adviser for five years
September 11th, 2017
ASIC has banned former financial adviser Daniel Gerard Manley from providing financial services for five years. ASIC found that Mr Manley engaged in conduct that was misleading or deceptive, or likely to mislead or deceive, clients and employees of ...
Facebook accused of fake audience numbers
September 7th, 2017
Social-media company tells advertisers it can reach more than 100 million U.S. adults younger than 35, but census only counts 76 million Facebook Inc. claims its ads have the potential to reach more people than recent U.S. census data ...
China’s Central Bank Is Banning Initial Coin Offerings
September 5th, 2017
Initial coin offerings, or ICOs, are the hot fundraising tactic of the year, giving startups—usually cryptocurrency-related ones—the chance to get funded in exchange for virtual coins rather than company shares. But China isn’t hopping on board. On Monday, the ...
Former Tesco executives set to appear in court on fraud charges
September 4th, 2017
Three former Tesco executives will appear in court, charged with fraud relating to the supermarket’s 2014 accounting scandal. The three men were charged by the Serious Fraud Office (SFO) last September, and pleaded not guilty to the charges at ...
