Search Results for: assets
10 ‘poorest’ companies make investors rich
September 10th, 2014
Investors love to think companies with piles of cash must surely make them rich, too. But this year, it’s the companies with the least moolah that are making the most cash for investors. The 10 companies in the Standard ...
Zulutrade fined by CFTC
September 10th, 2014
The U.S. Commodity Futures Trading Commission (CFTC) announced the filing and simultaneous settlement of charges against Zulutrade, Inc., a CFTC-registered Introducing Broker located in Piraeus, Greece, for failure to diligently supervise activities relating to its business as a CFTC ...
Phone Giants close to Joint Bid for Telecom Italia’s Brazil Unit
September 10th, 2014
América Móvil of Mexico, Oi of Brazil and Telefónica of Spain are coming together on a joint offer to buy Telecom Italia’s Brazil operations, TIM Participações, a person with close knowledge of the negotiations said on Tuesday. TIM’s market ...
Junior Mining Companies Looking for Financial Lifeboats
September 9th, 2014
Any company will tell you that panic starts to set in once the confidence of the board or of investors begins to wane. This is precisely the situation in the mining industry. As a result, mining companies have sought ...
Telefonica trials to take AT&T home security technology overseas
September 9th, 2014
AT&T Inc (T.N) on Monday said Spain’s Telefonica SA (TEF.MC) will license its home security technology for limited trials in Europe as the U.S. carrier hopes it has found a new way to profit from its nascent connected-home business. ...
Brokers Battle Deutsche Bank Over Selling In-House Products
September 9th, 2014
Since the market collapse of 2008, scrutiny has intensified on the way large banks and securities firms treat their brokerage customers, particularly when it comes to steering them into the firms’ own products. One possibility raised in the 2010 ...
Shifting Polls in Scotland Send Investors Rushing for Shelter
September 9th, 2014
Scotland, home to just five million people, has never weighed on the minds of currency traders and market investors the way that Russia or China or the eurozone has — until now. A poll this weekend showed Scottish voters ...
RBS unit may raise $3.5 billion in top U.S. bank IPO this year
September 8th, 2014
Citizens Financial Group Inc, the U.S. unit of Britain’s Royal Bank of Scotland (RBS.L), said its initial public offering was expected to raise as much as $3.5 billion, making it the biggest U.S. offering by a bank this year. ...
Gold Steady Below $1270 on Weak Jobs Data
September 8th, 2014
Gold extended gains to a second session on Monday, boosted by a disappointing U.S. non-farm payrolls report that eased concerns about an early interest rate increase, with investors also eyeing developments in the Ukraine crisis. Spot gold had ticked ...
BP ‘grossly negligent’ in 2010 U.S. spill, fines could be $18 billion
September 5th, 2014
A U.S. judge has decided that BP Plc was “grossly negligent” and “reckless” in the Gulf of Mexico oil spill four years ago, a ruling that could add nearly $18 billion in fines to more than $42 billion in ...
