Search Results for: financial markets
CVC Capital Partners acquires majority stake in betting operator Tipico
April 26th, 2016
CVC Capital Partners announced today that funds advised by CVC Capital Partners (“CVC”) have signed a binding agreement for the acquisition of a majority stake in Tipico Group (“Tipico”). The current proprietors will remain shareholders in the company. The ...
BITSTAMP has been granted a license and launches BTC/EUR Trading
April 26th, 2016
BITSTAMP has issued an announcement to inform that it becomes the first nationally licensed Bitcoin Exchange and launches BTC/EUR trading. The following announcement was published: “Dear clients, partners and supporters of Bitstamp, We are very excited to share with ...
Slowing growth of iPhones sales may affect Apple’s results that will be announced on Tuesday
April 25th, 2016
Apple loves being able to report “record revenue” when posting its quarterly financial results. Indeed, for the last five quarters the company has used that phrase in its news releases. On Tuesday, however, when Apple reports for the first three months ...
For robo-advisers, the next bear market will be a big test
April 25th, 2016
Robo-advisers might have more reasons to be worried about the next bear market than investors do. Low fees and an investing-on-autopilot approach have attracted about $50 billion in assets to the broad universe of robo-advisers, according to researcher Aite ...
EU referendum: Seven Brexit myths debunked by economists
April 22nd, 2016
With so many unknowns going into the EU referendum, there have been plenty of claims and counter-claims being made about the impact leaving the union could have on the UK. Economists at Berenberg claim the debate has been “shrouded in myths, ...
KCG announces First Quarter 2016 Results
April 22nd, 2016
KCG ANNOUNCES CONSOLIDATED EARNINGS OF $0.41 PER DILUTED SHARE FOR THE FIRST QUARTER OF 2016 KCG reports consolidated revenues of $345.4 million and pre-tax earnings of $60.0 million for the quarter KCG increases book value to $16.42 per share ...
Asian Stocks Retreat as BOJ Negative-Rate Proposal Weakens Yen
April 22nd, 2016
Microsoft, Alphabet, Sony profits fall short of estimates Topix rebounds as currency weakens; Shanghai Composite falls Asian stocks retreated from a four-month high as companies including Sony Corp. and Microsoft Corp. reported earnings that missed estimates. Japanese shares rose ...
Morningstar: Interview with Robin Milway, Manager of the New Capital Dynamic European Equity Fund
April 21st, 2016
Trouble in the US led to a contagion melt down across the Channel last year – and while American markets have bounced back, there are still opportunities in Europe Emma Wall: Hello, and welcome to the Morningstar series, “Why ...
NYSE Amex Options launches Binary Return Derivatives (BYRDS), an innovative new optins product
April 20th, 2016
The New York Stock Exchange (NYSE), part of the Intercontinental Exchange (NYSE:ICE), today announced the NYSE Amex Options platform of the NYSE MKT exchange will commence trading of Binary Return Derivatives (ByRDsSM) on April 21. ByRDs are a new ...
This Is How They Fool Us, China Edition
April 20th, 2016
So it seems that China’s economy, caught in the grip of a credit crisis just a few months ago, is all better. And so, by extension, is everyone else. As the Wall Street Journal explains it: ...
