Search Results for: UBS AG
Exclusive: Microsoft, Apple diverge on bankrolling big patent buyer
April 11th, 2014
Patent buyer Intellectual Ventures has persuaded Microsoft and Sony to invest in its latest acquisition fund while Apple and Intel, which invested with IV previously, declined to participate, according to people briefed on the fundraising. The investment decisions by ...
The billion-dollar bash – how post-crisis investigation work is changing the way law firms advise banks
April 11th, 2014
With banks setting aside eye-watering sums of money to meet liabilities generated by the fallout from the financial crash, in-house legal departments and law firms are having to rethink their business models. Alex Newman reports By any standards, $23bn ...
ASIC obtains orders cancelling 15 million shares held in Northwest Resources Limited
April 11th, 2014
Following an application by ASIC, the Federal Court of Australia has ordered the cancellation of 15 million shares in ASX-listed Northwest Resources Limited (Northwest) that were held in the name of Craigside Company Limited (Craigside), a company incorporated in ...
Europe Stock Futures Follow Asia Down on Tech; Lira Falls
April 11th, 2014
European index futures and emerging-market currencies slid as a gauge of Asian stocks dropped the most in three weeks amid a selloff in technology shares that’s cut demand for riskier assets. Nickel extended its longest rally since 2010. Contracts ...
Record Europe Dividends Keep $3 Trillion From Factories
April 10th, 2014
Given the choice between investing in their businesses or paying off shareholders, European chief executive officers are choosing the latter. Companies of the benchmark Stoxx Europe 600 Index will pay 11.54 euros a share in dividends this year, the ...
EUR/USD extends rally to monthly PP
April 9th, 2014
Pair’s Outlook The 55-day SMA failed to contain bullishness of the common currency yesterday. As a result, EUR/USD is now testing the monthly pivot point at 1.3815, which guards the main resistance area near 1.39. The latter level is ...
USD/JPY to face 102.72/70
April 8th, 2014
Pair’s Outlook It seems that the 100-day SMA will be insufficient to stop the U.S. Dollar from falling lower. However, there is a formidable support level at 102.72/70 (consisting of the monthly PP, weekly S1 and 20-day SMA) and ...
NY bank regulator Lawsky seeks documents from Credit Suisse: source
April 7th, 2014
Benjamin Lawsky, New York’s financial services superintendent, has sought documents from Credit Suisse to examine whether Switzerland’s second-biggest bank lied to New York authorities about engineering tax shelters, said a source familiar with the matter. Switzerland’s private banking model ...
EU Enacts 10-Year Auditor Rotation
April 4th, 2014
The European Parliament today enacted new rules requiring public companies to change auditors after a maximum of 10 years. EU member countries can decide to extend the 10-year auditor rotation period for up to 10 more years if companies ...
European Stocks Advance as Investors Await U.S. Jobs Data
April 4th, 2014
European stocks advanced, posting their longest winning streak since October, before a report that may show the U.S. economy created jobs at a faster pace last month. U.S. index futures and Asian shares were little changed. Mediaset SpA advanced ...
