Search Results for: Total
Bank of America shares to increase 50 percent in three years
September 22nd, 2014
Bank of America Corp (BAC.N), the second-largest U.S. bank by total assets, could see its shares climb 50 percent over the next three years, Barron’s financial newspaper said on Sunday. The bank could report earnings per share of $2 ...
Modi’s $53 Billion Xi-Abe Windfall Hinges on Red Tape War
September 19th, 2014
A bear hug, a riverfront stroll and a swing-set session helped Prime Minister Narendra Modi win more than $53 billion in loans and investment pledges from China and Japan this month. Chinese President Xi Jinping yesterday in New Delhi ...
Draghi Loan Plan Missing Estimates Hampers ECB Stimulus
September 19th, 2014
Mario Draghi is facing renewed pressure to implement quantitative easing after banks borrowed less than estimated in the European Central Bank’s first targeted-loan offer. The Frankfurt-based ECB lent 82.6 billion euros ($106.5 billion) to euro-area banks at a fixed ...
Why The Bitcoin Price Dropped Today
September 19th, 2014
Normally in the Bitcoin world sudden price fluctuations ranging from $10-$30 can be attributed to market manipulation by large holders of the virtual currency. However, when the price changes greater than $30 in a short period of time there ...
SAP buys Concur in a $8.3 billion deal
September 19th, 2014
German software giant SAP SE (SAP +1.08%) agreed to buy Concur Technologies Inc., (CNQR +0.31%) which makes software to help employees manage their expense accounts, in a deal valued at $8.3 billion. Concur shareholders would receive $129 per share, ...
Draghi’s Trillion-Euro Journey Starts Today
September 18th, 2014
Mario Draghi’s trillion-euro journey is under way. The European Central Bank will announce the result of its first targeted lending program today as part of its effort to stave off deflation in the euro area. Draghi’s first step may ...
China Central Bank to Inject $81 Billion Into Top Lenders
September 17th, 2014
China became on Wednesday the latest country to embrace economic stimulus measures, as its central bank reportedly agreed to lend 100 billion renminbi apiece, or $16.2 billion, to each of the country’s five main banks. The decision to inject ...
Economists can’t tell Scots how to vote
September 17th, 2014
Here is the bad news if you haven’t made up your mind whether to vote for Scotland to become independent – economic analysis cannot give you the answer. That is partly because this dismal science is not capable of ...
FCA bans and fines financial adviser with £300,000
September 16th, 2014
The Financial Conduct Authority (FCA) has concluded to ban and fine financial adviser, Peter Carron, with the amount of £300,000 after clients lost out investing in companies he controlled. Between 2004 and 2010, Peter Carron, formerly a senior partner at St ...
FCA charges insider dealers with £3.2m in confiscation
September 15th, 2014
In a case brought by the Financial Conduct Authority (FCA) a total of £3,249,488.71 were made by His Honour Judge Pegden QC between 10 September 2014 and 15 September 2014 against Ali Mustafa, Pardip Saini, Paresh Shah, Neten Shah, ...
