Search Results for: Fed
Despite Exposure of Madoff Fraud, New Ponzi Schemes Emerge
July 11th, 2014
When the money was rolling in from investors, Scott W. Rothstein, a lawyer in Fort Lauderdale, Fla., bought his wife, Kimberly, more than $1 million in jewelry, including an opulent 12-carat yellow diamond ring. He lived in a multimillion-dollar ...
ECB keeps banks on tight leash for health check results
July 10th, 2014
The European Central Bank wants to give banks just 48 hours to review the results of a balance sheet health check so it can guard against data leaks even though the banks would like more time. The ECB is ...
State Street Agrees to Settle Forex Fee Suit for $60 Mln
July 10th, 2014
State Street Corp. (STT) agreed to pay $60 million to settle investor claims it inflated revenue by overcharging clients for foreign-exchange services, in a pact that resolves almost four years of litigation. The preliminary accord filed in Boston federal ...
Global stocks mixed, Indonesia up after election
July 10th, 2014
Global markets were mixed Thursday with a slight pickup in China’s exports failing to give a lift to European stocks after most Asian indexes closed up. Indonesian stocks surged despite a contested presidential election result. European markets failed to ...
European Stocks Drop for Fifth Day; Fugro Tumbles
July 10th, 2014
European stocks fell for a fifth day, as Chinese exports (CNFREXPY) missed estimates and some Federal Reserve officials expressed concern over complacency about risks in the economy. U.S. index futures and Asian shares also slid. Fugro NV sank the ...
US Taxpayers Warn Against Myopic Tax Reform Measures
July 10th, 2014
On July 8, the Taxpayers Protection Alliance (TPA) led a coalition of 13 organizations in sending a letter to the Chairmen and Ranking Members of the House of Representatives Ways and Means Committee and the Senate Finance Committee urging ...
Asian stocks Mixed after China Trade Data
July 10th, 2014
Asian stocks outside Japan rebounded as China’s trade expanded, while the U.S. oil benchmark-contract slipped toward a record losing streak. European index futures were flat and gold was near a 3 1/2-month high. The MSCI Asia Pacific excluding Japan ...
Technical Analysis Gold – Returns to Short Term Resistance Around $1330
July 10th, 2014
Technical Analysis Gold for Thursday, July 10, 2014 In recent hours gold has made another attempt to push higher back up toward the resistance area around $1330 before easing off slightly. After pushing higher to a three month high ...
Commerzbank may pay $600 million-$800 million to settle U.S. probe
July 10th, 2014
German lender Commerzbank AG is expected to pay between $600 million and $800 million to resolve investigations into its dealings with Iran and other countries under U.S. sanctions, sources familiar with the matter said. The penalty, previously reported to ...
Technical Analysis Australia 200 – Continues to Retreat Under 5500
July 10th, 2014
Technical Analysis Australia 200 for Thursday, July 10, 2014 The question of whether or not the Australia 200 Index be able to maintain its break through the key resistance level at 5500 was answered a couple of days ago ...
