Search Results for: US
NZ stocks join global sell-off
August 6th, 2014
New Zealand shares have eased back in a global sell-off as rising geo-political tensions and falling dairy prices took confidence out of the market. THE NZX 50 Index fell 11.936 points, or 0.2 per cent, to 5092.227 on Wednesday. ...
Europe Index Futures Tumble With Asian Stocks; Kiwi Drops
August 6th, 2014
European index futures (SPA) dropped with the euro and stocks in Asia amid escalating tensions over Ukraine and concern that stronger U.S. growth will lead to sooner-than-projected interest-rate increases. New Zealand’s dollar and emerging-market currencies weakened. Futures on the ...
Tesla resolves trademark dispute in China
August 6th, 2014
U.S. electric carmaker Tesla Motors Inc (TSLA.O) said it has “completely and amicably” resolved a trademark dispute in China, removing a hurdle that had threatened CEO Elon Musk’s ambition to expand rapidly in the world’s biggest auto market. It ...
Walgreen Is Said to Near a Deal to Buy Out Boots Pharmacy, but Without a Tax Inversion
August 6th, 2014
The Walgreen Company is said to be near a deal to take over the British pharmacy retailer Alliance Boots, but through a plan to do so without moving its corporate headquarters abroad. The American retailer is closing in on ...
Sprint, T-Mobile call off merger plans
August 6th, 2014
Sprint is expected to announce Wednesday that its sought-after merger with T-Mobile is off. The wireless carrier and its parent company, Softbank, decided that regulatory hurdles were too high, The Wall Street Journal reported Tuesday, citing people familiar with ...
Groupon shares sink 15% after earnings disappoint
August 6th, 2014
Shares in deals-site Groupon sank late Tuesday after a disappointing second-quarter report and forecast. The company GRPN reported a loss of $22.9 million, or 3 cents a share, compared to a loss of $7.8 million, or one cent a ...
Geopolitical risk is back up, Dow back down
August 6th, 2014
Just when the market was trying to find its footing, geopolitics rocked the Dow again. This time it was renewed fears that Russia might invade Ukraine. Whether the fears are simply rumor or innuendo, or real fears taken from ...
CashFlows and Clear Books launch integrated cloud accounting and bank payments system
August 5th, 2014
CashFlows, the alternative business account and payment provider, and Clear Books, the cloud accounting company, have today launched the first fully integrated cloud based accountancy and online business banking service for small and medium sized businesses. The two innovative ...
Gold steady as dollar, European equities firm
August 5th, 2014
Gold prices steadied on Tuesday as the dollar benefited from soft euro zone economic data which pushed the euro lower, while upbeat corporate earnings reports lifted European equity markets. Spot gold was at $1,288.89 an ounce at 1239 GMT, ...
CySec: acquisition of Administrative Services Providers (ASP) licence
August 5th, 2014
The Cyprus Securities and Exchange Commission (CySec), the Cypriot financial regulatory authority, has announced that “MENWIN Management Limited” has successfully obtained the CySec licence to operate as Administrative Services Provider (ASP). The company is now authorised to operate legally ...
