Search Results for: Total
T. Rowe Price CEO: Investors are focused on valuations
April 25th, 2014
The chief executive of T. Rowe Price Group Inc. says the firm’s long-term perspective and culture are what make up its secret sauce for success. The money manager TROW +0.02% on Thursday reported another strong quarter amid higher fee ...
EU institutions vulnerable to corruption
April 24th, 2014
Official complacency, complex rules and spotty oversight have left the European Union’s leading institutions vulnerable to corruption, an independent report says. The report, from the non-governmental watchdog organization Transparency International, claims to be the first comprehensive survey of how ...
Unilever Revenue Growth Beats Estimates as Europe Stabilizes
April 24th, 2014
Unilever (UNA), the maker of Magnum ice cream and TRESemme shampoo, reported first-quarter sales growth that beat estimates and said its North American pasta-sauce and Slim Fast units are under review amid talk of disposals. Underlying sales gained 3.6 ...
China Stocks Drop to Three-Week Low on IPO Concern; Vanke Gains
April 24th, 2014
China’s stocks fell to a three-week low, led by technology and small-company shares, on concern new equity sales will divert funds. Property developers rose after Anbang Life Insurance Co. raised its stake in Gemdale Corp. (600383) Risen Energy Co., ...
Anglo Irish Liquidator Seeks to Sell $19 Billion in Loans
April 24th, 2014
Irish Bank Resolution Corp., formed to complete the liquidation of Anglo Irish Bank Corp., asked a U.S. bankruptcy judge to approve the sale of loans with nominal balances totaling more than $19 billion. The proposed purchasers of the U.S. ...
Puerto Rico woos rich with hefty tax breaks
April 23rd, 2014
John Paulson is expected to expand his investment in Puerto Rico to $1 billion by the end of next year, as the hedge fund titan leads a growing brigade of wealthy U.S. business owners who are taking advantage of ...
Bitcoin promoter breaks silence on Cyprus fraud allegations
April 22nd, 2014
Danny Brewster, CEO of the defunct Cyprus-based bitcoin promoter Neo & Bee, has broken his silence, taking to the social networking site reddit to respond to allegations that he defrauded investors and skipped the country, racking up about 1 ...
SFC reprimands and fines The Royal Bank of Scotland PLC $6 million for internal control failings
April 22nd, 2014
The Securities and Futures Commission (SFC) of Hong Kong, has issued a reprimand to The Royal Bank of Scotland Public Limited Company (RBS) and fined it $6 million for internal control failures relating to the detection and prevention of ...
P&G Hopes New Razor Keeps Its Results On The Cutting Edge
April 22nd, 2014
It’s been said that if you build a better mousetrap the world will beat a path to your door, but what about razors and tooth whitener? We’ll find out on Wednesday when Procter & Gamble Co. (NYSE:PG), the Cincinnati ...
Spanish banks face tough rivalry in small companies bet
April 22nd, 2014
Across Spain, the message is hard to miss in office windows showcasing offers: banks want to lend to small companies again. After gorging on property lending in the run-up to a financial crisis, banks are looking to revive high-margin ...
