Search Results for: Wall Street
The honeymoon is over: Wall Street is finally taking Trump literally
February 2nd, 2017
By itself, the 230-point drop in the Dow Jones Industrial Average DJIA, -0.16% this week wasn’t earth shattering: 1% gains and losses happen all the time. But the clattering sound accompanying it wasn’t hard to diagnose: It was the ...
Ex-Wall Street exec sentenced to jail in a $38 million investment fraud case
November 7th, 2016
An Ivy league-educated financier who defrauded friends, family and even a 9/11 victim’s relatives of more than $38 million to feed a gambling habit was sentenced Friday to four years in prison by a Manhattan federal judge. Andrew Caspersen, ...
Apple’s iPhone sales and revenue fall again – but Wall Street’s loving it
July 27th, 2016
Apple shares were up nearly seven per cent in after hours trading, breaking through the $100 mark, after reporting earnings and iPhone sales slightly ahead of Wall Street expectations. The figures Apple revenue hit $42.4bn in the third quarter, down from $49.6bn in the same period last year ...
Wall Street closes flat to end five-week rally
March 25th, 2016
Wall Street snapped a five-week winning streak on Thursday, with the three major indexes closing mostly flat, as a strengthening dollar weighed on commodity-related shares. The Dow Jones industrial average rose 13 points, or 0.08%, to 17,516, the S&P ...
Wall Street Trading Desks Upgradng Technology – And The Sales Traders That Use It
February 10th, 2016
A new breed of Wall Street sales trader is using increasingly sophisticated technology to preserve fixed income trading revenues and profits in a market defined by capital requirements and other regulations that squeeze margins, depressed trading volumes and historically ...
Bitcoin: A 21st Century Currency Explained By a Wall Street Veteran
February 8th, 2016
Jason Leibowitz is a former Wall Street professional who pivoted careers in 2014 to focus full-time on digital currency. In this paper, Leibowitz answers questions about how bitcoin was created, how it works and why it matters. It has been ...
Interview with Wall Street Journal
February 5th, 2016
Interview with Yves Mersch, Member of the Executive Board of the ECB, conducted by Brian Blackstone and Tom Fairless on 1 February 2016 Over the last few months we’ve seen oil and commodity prices bringing down inflation. How worried ...
Asian shares follow Wall Street gains
September 22nd, 2015
Asian markets headed higher on Tuesday, recovering from the previous session’s losses after commodities and shares on Wall Street rebounded. US shares bounced back from big losses last week, when the Federal Reserve kept interest rates unchanged over worries ...
Asian stocks slightly higher after Wall Street drifts
June 10th, 2015
Asian stock markets crept higher Wednesday after Wall Street steadied and index compiler MSCI signaled Chinese shares will eventually be included in global benchmarks, a development that could attract more portfolio capital to the region. KEEPING SCORE: Japan’s Nikkei ...
Wall Street falls ahead of first-quarter earnings
April 14th, 2015
Wall Street edged lower on Monday after two consecutive weeks of gains as fears increased that the strong dollar and lower oil prices will hurt US first-quarter earnings. The Dow Jones industrial average fell 81 points, or 0.45%, to ...
