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Ford posts Q4 net loss on accounting shift

January 31st, 2017 (0)
After posting a fourth-quarter net loss mainly because of accounting changes, Ford Motor Co. finished 2016 with a $10.4 billion pre-tax profit, down slightly from record results in 2015. Fourth-quarter pre-tax profit was $2.1 billion, down $500 million due ...

TSX and AGF celebrate the launch of new ETFs with market open

January 31st, 2017 (0)
On the heels of a record year, Toronto Stock Exchange welcomes Canada’s newest ETF provider to market Toronto Stock Exchange (TSX) today welcomes AGF Investments Inc. (AGF), one of Canada’s premier independent investment management firms, to open trading this ...

Deutsche Bank fined $425 million; the Bank allowed traders to engage in a Money-Laundering scheme

January 31st, 2017 (0)
The New York State Department of Financial Services (DFS) has issued an announcement to inform for a $425 Million fine imposed to Deutsche Bank. The Bank Allowed Traders to Engage in a Money-Laundering Scheme Using “Mirror Trades” That Improperly ...

Dollar Slips After Trump Move, Asia Stocks Decline: Markets Wrap

January 30th, 2017 (0)
Yen gains with gold; many Asia markets shut for Lunar New Year Global criticism of Trump’s ban is building across globe The dollar declined with Asian stocks as traders digested the tensions sparked by Donald Trump’s order halting some ...

MoneyGram Agrees to Merge with Ant Financial

January 27th, 2017 (0)
MoneyGram (NASDAQ: MGI), a global provider of innovative money transfer services, and Ant Financial Services Group, one of the world’s leading digital financial services providers and parent company of Alipay, a global mobile payment platform, today announced that they ...

BT facing criminal inquiry over Italy accounting scandal

January 26th, 2017 (0)
Prosecutors in Milan have confirmed an investigation into allegations of false accounting and embezzlement at BT’s Italian arm. It is being led by Fabio De Pasquale – a veteran of high-profile investigations, including a long-running inquiry into the former ...

Credit China FinTech Enters into US$30 Million Deal with Bitfury Group

January 26th, 2017 (0)
The board of directors (the “Board”) of Credit China Fintech Holdings Limited (“Credit China Fintech” or the “Company”, stock code: 8207) and its subsidiaries (the “Group”) announced today that it has entered into a US$30 million deal with BitFury ...

Euro zone starts year with solid economic growth, but risks ahead

January 26th, 2017 (0)
The euro zone started 2017 by maintaining solid economic growth as a weaker currency boosted orders for goods and services, a survey showed, but rising political risks could soon take their toll. Growth in Germany’s private sector slowed slightly ...

Asian Stocks Extend Rally After Dow Tops 20,000: Markets Wrap

January 26th, 2017 (0)
MSCI Asia Pacific Index trading at highest since July 2015 Gold extends decline while bonds and dollar remain steady A global equities rally gathered speed as Asian stocks climbed to the highest level since July 2015 after the Dow ...

Listing Boom on the Vienna Stock Exchange

January 25th, 2017 (0)
Listing Boom on the Vienna Stock Exchange: Over 3,000 new structured products since start of the year Since the start of the year, over 3,000 new structured products have been listed in Vienna Stock Exchange’s market segment “structured products.at”. ...
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