Daily Archives: 02/08/2016
First Data reports second Quarter 2016 financial results
August 2nd, 2016
First Data Corporation (NYSE: FDC), a global leader in commerce-enabling technology and solutions, today reported financial results for the second quarter ended June 30, 2016. Consolidated revenue for the second quarter was $2.9 billion, up 2% versus the prior year ...
China regulator shutters 10,000 funds
August 2nd, 2016
China’s funds regulator said on Monday it has canceled the licenses of over 10,000 funds, amid a crackdown on the country’s poorly regulated fund management sector, which has been dogged by runaway managers and misappropriation of investments. The move ...
EU mergers and takeovers
August 2nd, 2016
Aug 2 The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS — Sony Corp to buy out the Michael Jackson estate’s stake in its music publishing ...
Tullett Prebon reports increase 11% of revenues
August 2nd, 2016
Tullett Prebon plc (the “Company”) today announced its results for the six months ended 30 June 2016. Financial Highlights Underlying, before exceptional and acquisition related items Revenue of £430.3m, an increase of 4% on prior period (2015: £415.7m) Operating ...
KPMG has changed its graduate recruitment process
August 2nd, 2016
Accountancy firm KPMG has changed its graduate recruitment process to suit people born between 1980 and 2000 – the so-called millennial generation. Instead of conducting three separate assessments over several weeks, it will now combine the process into one ...
The Price Of Oil Is Crashing Again, And That Is Very, Very Bad News For The U.S. Economy
August 2nd, 2016
This wasn’t supposed to happen. The price of oil was supposed to start going back up, and this would have brought much needed relief to economically-depressed areas of North America that are heavily dependent on the energy industry. Instead, ...
Bitcoin experts are having a spat on whether it’s a currency or a commodity
August 2nd, 2016
Bitcoin experts have weighed into a debate regarding the legal status of the cryptocurrency following a ruling by a Florida judge last week. Florida judge Teresa Pooler dismissed felony charges including money laundering against Michell Espinoza, who had sold ...
Pokemon Go craze sparks legal action in the US
August 2nd, 2016
Pokemon may be the craze of the moment, but not everyone is so keen to catch ‘em all. A US man has filed legal action against Niantic, who made the game, and Nintendo, because he claims players are coming to ...
Oil Retreat Sinks Asian Stocks; Aussie Declines After RBA Cut
August 2nd, 2016
Crude oil hovers at $40 a barrel after entering bear market Japanese government to give details of fiscal stimulus Tuesday European stocks declined for a second day and dollar weakened as oil traded near $40 a barrel. Japanese 10-year ...
Barclays launches voice security customer identification
August 2nd, 2016
Barclays is offering voice security technology to all of its customers Passwords will no longer be needed because each voice is as unique as fingerprint Barclays has today announced that it is introducing voice security technology to all customers, ...
