Search Results for: UBS
AT&T’s New Device Financing Plan Weighs On Revenue
July 24th, 2014
AT&T Inc’s quarterly revenue rose a weaker than expected 1.6 percent as cheaper service plans offered to customers who forgo subsidized cellular phones cut into margins. Faced with mounting pressure from competitors, AT&T has unbundled service and device charges, ...
China Shares Roll after PMI Data
July 24th, 2014
Chinese stocks rose, sending the benchmark index to a three-month high, as a jump in the nation’s manufacturing gauge spurred optimism the government will meet its economic-growth target for this year. Industrial Bank Co. (601166) and Poly Real Estate ...
Technical Analysis NZD/USD unable to breach 0.87 level
July 23rd, 2014
Pair’s Outlook The New Zealand Dollar is still unable neither to breach the 0.87 mark nor the monthly PP/55 and 100-day SMAs at 0.8654/42. We are pessimistic on the pair’s advance, at least for now we do not see ...
Research: Trends & Conclusions
July 23rd, 2014
The insolvency and restructuring business remains slow-moving thanks to the improving economy and low interest rates. Lawyers note increased competition and a fight for the limited work available. But this period may soon be at an end as the ...
Cypriot firm launches legal action against EU over ‘bail-in’
July 23rd, 2014
Cypriot firm Dr K Chrysostomides & Co has filed a lawsuit against the EU on behalf of 51 claimants seeking compensation for losses suffered when Cyprus agreed to a ‘bail-in’ on two Cypriot banks. The case, filed before the ...
Lawyers trained to help deal with transnational cases
July 23rd, 2014
More training will be offered to law firms and lawyers specializing in cross-border lawsuits to expand their presence in an area dominated by foreign competitors, a senior official from the Justice Ministry said. By next year, the All-China Lawyers ...
New York Fed Censured Deutsche Bank Over Inaccurate, Unreliable Financial Reporting
July 23rd, 2014
The Federal Reserve Bank of New York found several deficiencies in the way German lender Deutsche Bank AG’s (NYSE:DB) U.S. unit was reporting its financial data, which, according to a Wall Street Journal report Tuesday, the company had known ...
Watch what markets don’t do as world politics turns nasty
July 23rd, 2014
Like so much in the investment world of late, it’s what financial markets are not doing right now that is most intriguing. Over the course of the past month, conflicts, superpower standoffs and economic sanctions have flared in ...
U.S. SEC poised to adopt reforms for money market funds
July 23rd, 2014
U.S. regulators are expected to adopt rules on Wednesday that force “prime” money market funds used by large institutions to float their share price. Proponents have suggested that moving from the current stable $1 per share net asset value ...
SEC Charges Investor Relations Executive With Insider Trading While Preparing Clients’ Press Releases
July 22nd, 2014
The Securities and Exchange Commission today charged a partner at a New York-based investor relations firm with insider trading on confidential information he learned about two clients while he helped prepare their press releases. The SEC alleges that Kevin ...
