Search Results for: US
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 ...
Cybercriminal strikes can be small, but mighty
July 23rd, 2014
Cybercrime is a growing threat for businesses as attackers are getting more creative and skilled in their methods of stealing information. Cyberattacks on large companies such as Target, Neiman Marcus and P.F. Chang’s made headlines across the country and ...
Moody’s: Middle East investment grade companies face $91 billion in refinancing needs
July 23rd, 2014
According to Moody’s Investors Service, Middle East investment grade companies face refinancing needs of about $91 billion from bank and bond debt due to mature over the next four years. This accounts for approximately eight per cent of total ...
Apple earnings boosted by strong iPhone sales
July 23rd, 2014
Apple has reported quarterly profits of $7.75bn (£4.5bn) – up 12% on the same period last year. The company sold 35.2 million iPhones from March to June, an increase of 13% from the same time in 2013. The company ...
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 ...
Microsoft sees end to Nokia losses, shares rise after hours
July 23rd, 2014
Microsoft Corp said it aims to get its loss-making Nokia phone unit to break even within two years, helping its stock rise in after-hours trade. The world’s largest software company reported a 7 percent dip in quarterly profit on ...
Japanese Government Cuts 2014 Economic Growth Forecast
July 22nd, 2014
The government on Tuesday cut its forecast for Japan’s economic growth in fiscal 2014 to 1.2 percent from 1.4 percent in real terms amid lingering fears that the April 1 consumption tax hike, the first in 17 years, may ...
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 ...
Pace of U.S. home resales rises to eight-month high
July 22nd, 2014
U.S. home resales rose in June to their fastest pace in eight months, a signal that the housing market was pulling out of a slump. The National Association of Realtors said on Tuesday existing home sales increased 2.6 percent ...
Here’s Yet Another Problem in Platinum Supply
July 22nd, 2014
It’s no secret the platinum mining industry has been suffering of late. With mineworker strikes in South Africa having caused significant losses of production. And now there’s another problem. In the world’s third-largest platinum producing nation: Zimbabwe. The news ...
