Europe Stocks Rise as Crimea Vote Boosts Russia’s Micex
March 17th, 2014
European stocks rebounded from a five-week low while the yen and Swiss franc weakened and Treasuries declined after Crimea’s vote to leave Ukraine. Russian shares rallied after four days of declines while Ukraine’s hryvnia retreated. The Stoxx Europe 600 ...
Yen Retreats as Russian Stocks Gain After Crimea
March 17th, 2014
The yen fell for the first time in six days against the dollar as a rally in Russian stocks damped concern Crimea’s vote to leave Ukraine will lead to an immediate increase in tensions between Russia and the West. ...
Moscow stocks higher after Crimea votes to join Russia
March 17th, 2014
Russian shares opened higher on Monday after Ukraine’s Crimea region voted in favour of joining Russia, as local investors shrugged off threatened Western sanctions believing they would be largely symbolic. At 0745 GMT the dollar-denominated RTS index .IRTS was ...
Motorola Sues 12 Defendants In Kong Kong For $5.26B, Including A Fugitive Turkish Family Charged With Embezzlement Of Funds
March 17th, 2014
Motorola (NYSE:MSI) has sued 12 defendants in a Hong Kong court, including a fugitive Turkish family, three Hong Kong-based companies and a British national, seeking $5.26 billion in damages for embezzlement of funds in a case that can be ...
Cash Abroad Rises $206 Billion as Apple to IBM Avoid Tax
March 14th, 2014
The largest U.S.-based companies added $206 billion to their stockpiles of offshore profits last year, parking earnings in low-tax countries until Congress gives them a reason not to. The multinational companies have accumulated $1.95 trillion outside the U.S., up ...
Obama Meeting With Yatsenyuk Raises Stakes in Ukraine
March 12th, 2014
Barack Obama’s meeting with Ukraine’s prime minister today raises the stakes in his attempt to confront Russian President Vladimir Putin’s ambitions in Crimea and preempt its spread to other countries in the region. The invitation to Prime Minister Arseniy ...
As talk of sanctions on Russia heats up, business groups draw cautionary line
March 10th, 2014
Business groups are pushing to ensure that any economic sanctions imposed on Russia by the United States are joined by as much of the rest of the world as possible, warning Congress and the Obama administration that unilateral U.S. ...
Inmates running the asylum
March 10th, 2014
IT WAS always an awkward coincidence that the cousin of Steve DiCarmine, a former executive at the collapsed law firm Dewey & LeBoeuf , was “Vinny Gorgeous” Basciano, who ran the Bonnano crime family and is now serving a ...
Dividend Policy Ratios
March 6th, 2014
Dividend policy ratios provide insight into the dividend policy of the firm and the prospects for future growth. Dividend policy ratios measure how much a company pays out in dividends relative to its earnings and market value of its ...
Profitability Ratios
March 6th, 2014
How well is the business performing over a specific period, will the firm have the financial resources to continue serving its constituents tomorrow as well as today? Profitability ratios offer several different measures of the success of the firm ...