Search Results for: assets
What Will It Mean If the Yuan Gets Reserve-Currency Status?
October 26th, 2015
At least $1 trillion of global reserves may migrate to yuan Successful bid would boost Xi’s economic reform efforts International Monetary Fund representatives have given China strong signals that the yuan is likely to soon join the fund’s basket ...
E*TRADE Financial Corporation Announces Third Quarter 2015 Results
October 26th, 2015
E*TRADE Financial Corporation has issued a press release to announce the results for its third quarter ended September 30, 2015. The Company reports that: Third Quarter Results • Net loss of $153 million, or $0.53 per diluted share • ...
Asian stocks advance on China rate cut, U.S. tech earnings
October 26th, 2015
Asian stocks on Monday were close to wiping out all their losses since China’s shock currency devaluation in August, as global equities rallied after the Chinese central bank cut rates and U.S. tech giants provided upbeat earning guidance. MSCI’s ...
Google Profit, Sales Top Estimates on Robust Web Traffic
October 23rd, 2015
More volume, stable ad prices and cost controls fuel results Company announces new $5.1 billion share buyback program Google parent Alphabet Inc. sold more ads and kept costs under control, fueling better-than-projected sales and profit in the latest quarter. ...
Institutional investor attitudes shifting as environmental and social risks impact investment decisions
October 22nd, 2015
Institutional investors say businesses need to provide them with non-financial information that outlines visible, measurable risks to the company’s performance or risk losing their potential investment. The finding comes from the 2015 annual survey by EY’s Climate Change and ...
OPEC Is About to Crush the U.S. Oil Boom
October 21st, 2015
U.S. oil output almost back down to level of last OPEC meeting Saudi-led strategy is paying off, says Societe Generale After a year suffering the economic consequences of the oil price slump, OPEC is finally on the cusp of ...
TechFinancials Joint Venture agreement with Optionfortune Trade Limited
October 21st, 2015
Joint Venture TechFinancials (AIM: TECH), a software developer that supplies simplified trading solutions to online brokers, has issued a press release to inform that: The Company has entered into a Joint Venture (“JV”) agreement with the owners of Optionfortune ...
Over $31 Million in penalties for Fraud and Ponzi Scheme Operator
October 21st, 2015
In a Related Criminal Action, John R. Bullar was sentenced to 8 Years 4 Months in Prison and Ordered to Pay over $6 Million in Criminal Restitution The U.S. Commodity Futures Trading Commission (CFTC) today announced that Judge Michael ...
Negative Interest Rates Are Here
October 20th, 2015
Not so long ago, a bank was by definition a business that took deposits from customers, paid them for the use of their money, and lent the cash to other customers at a profit. But that’s not how it ...
London Wants to Become the Center of Chinese Currency Trading
October 20th, 2015
PBOC official said to view London as likely renminbi hub Euronext study expects $5 trillion of Chinese investment Three years ago, Chinese officials said U.K. Prime Minister David Cameron had “seriously damaged” relations by meeting with the Dalai Lama, the ...
