Search Results for: Total
The serfs have rebelled – Europe next?
November 19th, 2016
Hayek’s The Road to Serfdom described how personal freedoms are progressively eroded by the state in the name of the common good. His warning is more associated with totalitarianism and dictatorships, than modern democracies, but the statist attitudes he ...
LendingTree Acquires CompareCards
November 18th, 2016
LendingTree, Inc. (NASDAQ: TREE) announced that it has acquired Iron Horse Holdings, LLC, which does business under the name CompareCards. CompareCards is a leading online source for side-by-side credit card comparison, comprehensive credit education and credit health management. CompareCards provides ...
KCG announces share exchange with General Atlantic
November 18th, 2016
KCG Holdings, Inc. (NYSE: KCG) announced that it has entered into a strategic transaction with General Atlantic, a global growth equity firm. Under the terms of the transaction, KCG will exchange 8.9 million shares it owns of Bats Global ...
JPMorgan Chase Paying $264 Million to Settle FCPA Charges
November 18th, 2016
The Securities and Exchange Commission today announced that JPMorgan Chase & Co. has agreed to pay more than $130 million to settle SEC charges that it won business from clients and corruptly influenced government officials in the Asia-Pacific region ...
RBS rejected Goldman, Deloitte warning over 2008 cash call, lawsuit alleges
November 17th, 2016
Just hours before Royal Bank of Scotland (RBS.L) launched a massive cash call in 2008 to shore up its capital, the bank’s senior advisers were still discussing whether its financial figures were potentially misleading for investors, court documents allege. ...
Saudi Arabia warns Trump against stopping imports of its oil
November 17th, 2016
Riyadh has warned the incoming US president Donald Trump of consequences if he chooses to stick to his election promise to block Saudi oil imports. During the election campaign, Trump promised to make the US energy sector independent from “our ...
Nasdaq names new Chief Executive Officer
November 16th, 2016
Nasdaq is today announcing its Board of Directors has named Adena Friedman President and Chief Executive Officer, and she will also join the Board of Directors, effective January 1, 2017. After nearly 14 years leading the company as CEO, Bob Greifeld ...
Broker sentenced in $3 million Ponzi scam
November 16th, 2016
A former Greenville broker accused of stealing from his clients in a long-running Ponzi scam was sentenced Tuesday to two years in a federal penitentiary. Claus C. Foerster, 56, of Spartanburg, defrauded clients of over $3 million while employed as ...
Most Markets Tumbled Last Week, But US Stocks Surged
November 15th, 2016
Last week’s election of Donald Trump triggered widespread selling in global markets, based on ETF proxies representing the major asset classes. US equities bucked the trend with a strong gain for the five trading days through Oct. 11. Stock ...
easyJet’s financial year results shows a profit before tax decrease of 27.9%
November 15th, 2016
Summary: Record number of passengers at 73.1 million, up 6.6% year on year with record load factor at 91.6% (2015: 91.5%), reflecting easyJet’s resilient business model and ability to drive demand, even in challenging markets Capacity grew by 6.5% ...
