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Chiquita shares fall ahead of key investor vote

October 21st, 2014 (0)
Chiquita shares fell after a top shareholder rejected the firm’s plan to buy an Irish rival. Shares of Chiquita Brands International (CQB) closed down sharply Monday after a major institutional investor in the banana market giant said it would ...

AbbVie calls off $55 billion acquisition of Shire

October 21st, 2014 (0)
U.S. drugmaker AbbVie Inc (ABBV.N) said on Monday it has reached agreement with Shire Plc (SHP.L) to officially call off its proposed $55 billion purchase of the Irish company, and will pay Shire a $1.64 billion breakup fee for ...

Stocks rise: S&P 500 up for 3rd straight day

October 21st, 2014 (0)
Nasdaq also rises for a third straight day and the Dow comes back from a 120-point drop. Stocks closed higher Monday, adding to Friday’s strong rally as investors shake off last week’s volatile trading. The Standard & Poor’s 500-stock ...

Australia 200 – Desperately Trying to Return to Above 5400

October 20th, 2014 (0)
Australia 200 for Monday, October 20, 2014 Since the beginning of September the Australia 200 Index has declined strongly from its multi-year high after running into resistance around 5650 back to enter its previously established trading range between 5400 ...

The 7th Saudi Money Exhibition and Conference 2014 in Jeddah

October 20th, 2014 (0)
The 7th Saudi Money Exhibition and Conference 2014 will take place on the 14th and 15th of November 2014 at Crowne Plaza Hotel in Jeddah. The exhibition will bring together some of the leading minds in banking and FX ...

Monday October 20: OSB Daily Technical Analysis- Currency pairs

October 20th, 2014 (0)
OSB Daily Technical Analysis for October 20, 2014 EUR/USD sold off and closed below the key 1.28 handle and testing support at the 20 DMA. Support below in the 1.2700 area. Pair likely to consolidate in this range as ...

IMF: Singapore may decline its competitiveness

October 20th, 2014 (0)
Singapore’s plans to cut reliance on foreign workers could reduce its competitiveness and growth potential while keeping core inflation elevated, the International Monetary Fund said in a report on Saturday. The IMF said Singapore’s plans to restructure its economy ...

Temporary prohibition of short selling

October 17th, 2014 (0)
The Financial Conduct Authority (FCA) notifies that it temporarily prohibits short selling in the following instrument under Articles 23 (1) and 26 (4) of Regulation (EU) No 236/2012 of the European Parliament and of the Council of 14 March ...

ICAEW fines member for improper tax claims

October 17th, 2014 (0)
An ICAEW member was severely reprimanded and fined £32,500 for submitting and later amending a personal self assessment tax return that he knew included improper claims against self employed income, or should have known he could not claim those ...

Australia 200 – Continuing to Fight to Stay Above 5200

October 17th, 2014 (0)
Australia 200 for Friday, October 17, 2014 Since the beginning of September the Australia 200 Index has declined strongly from its multi-year high after running into resistance around 5650 back to enter its previously established trading range between 5400 ...
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