Search Results for: fed
Copper up to Above $3.20 After Strong U.S. Home Sales
August 22nd, 2014
Copper in London rose to a two-week high, heading for the first weekly advance in a month on stronger-than-expected U.S. homes sales and before a speech by Federal Reserve Chair Janet Yellen. The metal for delivery in three months ...
Dollar flatlines ahead of Yellen, Draghi at Jackson Hole
August 22nd, 2014
The dollar was steady on Friday after its strongest weekly run since March and world stocks were near all-time highs as markets waited for steers from the Federal Reserve and ECB on diverging policy plans. European shares .FTEU3 opened ...
CFTC charges R2 Capital Group LLC with Fraud and Misappropriation
August 22nd, 2014
The U.S. Commodity Futures Trading Commission (CFTC) announced that on August 15, 2014, Chief Judge Marcia S. Krieger, of the U.S. District Court for the District of Colorado, issued a restraining Order freezing the assets of Defendants Ryan Tomazin ...
Case closed in favor of INTL FCStone in Sentinel case
August 22nd, 2014
INTL FCStone Inc. (Nasdaq:INTL) (“the Company”) announced on March 19, 2014 that the U.S. Court of Appeals for the Seventh Circuit had reversed the trial court’s January 2013 decision against its subsidiary, FCStone, LLC, in the Sentinel matter. Because ...
At Bank’s Terrorism Trial, Victim Testifies About Suicide Bombing in Israeli Bar
August 22nd, 2014
Mr. Faudem recalled that he and his girlfriend soon ducked back inside, and he remembered seeing a friend, whose birthday it was, onstage singing. “Then, the explosion. The explosion. There was a bomb,” Mr. Faudem testified on Thursday. “I ...
McDonald’s falls victim of US-Russian economic war
August 22nd, 2014
Having closed several McDonald’s restaurants in Moscow, Russia’s Federal Service for Consumer Rights Protection (Rospotrebnadzor) launched unscheduled inspections of the restaurants of the chain in the Sverdlovsk region of Russia. On August 20, it was reported that the federal ...
Gold – Drops Sharply to Support at $1275
August 22nd, 2014
Gold for Friday, August 22, 2014 Over the last few days Gold has been easing lower back towards the medium term support level at $1290 however in the last 24 hours it has fallen sharply back to the previous ...
Shares, stocks and corporate news overview
August 22nd, 2014
European markets are set for a lower open this morning ahead of a long weekend here in the UK. The day will be fairly low-key with no major economic data being released, and investors have turned their attention to ...
Judge scolds Argentina, but no contempt order
August 22nd, 2014
Nation’s plan to evade legal orders, failing to make required payments to U.S. bondholders is illegal. According to a federal judge in Manhattan, Argentina’s plans to evade his orders by failing to make required payments to U.S. bondholders is ...
BofA settlement targets distressed borrowers
August 22nd, 2014
Bank must provide about $7 billion in aid to mortgage borrowers over four years. Bank of America’s $16.65 billion settlement with the federal and state authorities, targets low-income homeowners and distressed mortgage owners who were hit by the foreclosure ...
