Search Results for: assets
OPEC Going Broke, Dumping Dollars. Is That Good Or Bad?
April 15th, 2015
When oil prices fell out of bed last winter there was much hand-wringing over the fate of the former beneficiaries of high-priced crude. Trillions of dollars of junk bonds issued by frackers, for instance, might default, oil field services ...
Bank of America Reports First-quarter 2015 Net Income of $3.4 Billion, or $0.27 per Diluted Share
April 15th, 2015
Results Include $1.0 Billion ($0.06 per Share) in Annual Retirement-eligible Incentive Costs and $0.5 Billion ($0.03 per Share) in Charges to Revenue for Market-related Net Interest Income Adjustments Bank of America Results: Continued Business Momentum Period-end Deposit Balances Increased ...
ACCA: The future of the CFO
April 15th, 2015
Volatility, technology and talent shape function, says new research from ACCA and IMA New research conducted by ACCA (the Association of Chartered Certified Accountants) and IMA (the Institute of Management Accountants) identifies five key influences shaping the future role ...
Nokia Agrees to $16.6 Billion Takeover of Alcatel-Lucent
April 15th, 2015
The Finnish telecommunications company Nokia said Wednesday that it had agreed to an all-share takeover of Alcatel-Lucent that valued its French rival at 15.6 billion euros, or about $16.6 billion. The combined company is expected to become the world’s second-largest telecom equipment manufacturer ...
Dollar’s rising trend remains intact amid weak China
April 13th, 2015
The dollar keeps moving up amid signs of a lackluster outlook for major economies such as China and Japan. The dollar maintained its rising trend on Monday in Asia amid signs of a lackluster outlook for major economies such ...
Bank of England maintains Bank Rate at 0.5%
April 9th, 2015
Bank of England maintains Bank Rate at 0.5% and the size of the Asset Purchase Programme at £375 billion The Bank of England’s Monetary Policy Committee at its meeting today voted to maintain Bank Rate at 0.5%. The Committee ...
The $33 Billion Silver Lining to Israel’s Stock-Market Exodus
April 9th, 2015
As stock trading in Israel plunges and public offerings dry up, the country’s flagship bourse may have found a savior: exchange-traded notes. The volume of trading in ETNs, which are similar to exchange-traded funds but have stricter return rules, ...
CySec: Granting trading benefits to clients
April 9th, 2015
Following Circular with number CI144-2014-02 in relation to the above subject, the Cyprus Securities and Exchange Commission (the “CySEC”) wishes to inform the Cyprus Investment Firms (‘CIFs’) about the following: It has been observed that CIFs are granting trading ...
Islamic Banking Lands In The Heart Of Europe
April 8th, 2015
Germany’s first Sharia-compliant bank wants to revolutionize the finance sector of the European economic juggernaut. Investment in businesses related to alcohol and gambling are prohibited, as is the practice of charging interest, and Muslim and non-Muslim customers are welcome. ...
Alexis Tsipras flies to Moscow amid speculation of bailout from Putin
April 8th, 2015
Greek prime minister to sign accords with Russia, including gas price discount and possible loans in return for Greek assets, that would alarm EU creditors The Greek prime minister Alexis Tsipras, began a controversial visit to Moscow on Tuesday as ...
