Search Results for: SEC
China HSBC Flash PMI For April Is 48.3, Up From 48.0 In March As Slowdown Continues
April 23rd, 2014
China’s factory activity shrank for the fourth straight month in April, signaling economic weakness into the second quarter, a preliminary survey showed Wednesday. But the pace of decline eased, helped by policy steps to arrest the slowdown. Analysts see ...
Russian Companies Shrug Off US Sanctions – For Now
April 23rd, 2014
Soon after U.S. sanctions targeting members of President Vladimir Putin’s inner circle were announced last month, Olga Promptova, a Russian business owner, received a message from a German client who was worried about the delivery of her Russian-made clothing. ...
Google’s Stake in $2 Billion Apple-Samsung Trial Revealed
April 23rd, 2014
Google Inc. (GOOG)’s stake in the outcome of a $2 billion trial over smartphones using its Android operating system was revealed by testimony that the company indemnified Samsung Electronics Co. (005930) against some of Apple Inc. (AAPL)’s patent claims. ...
Puerto Rico woos rich with hefty tax breaks
April 23rd, 2014
John Paulson is expected to expand his investment in Puerto Rico to $1 billion by the end of next year, as the hedge fund titan leads a growing brigade of wealthy U.S. business owners who are taking advantage of ...
Is the U.S. Shale Boom Going Bust?
April 23rd, 2014
It’s not surprising that a survey of energy professionals attending the 2014 North American Prospect Expo overwhelmingly identified “U.S. energy independence” as the trend most likely to gain momentum this year. Like any number of politicians and pundits, these ...
Asian Stocks Erase Gain on China Factory, Australian CPI
April 23rd, 2014
Asian stocks erased gains after Chinese manufacturing data signaled persisting weakness in the world’s second-largest economy and Australia’s inflation rose less than expected. China Overseas Land & Investment Ltd., the largest mainland developer traded in Hong Kong, sank 3.7 ...
How much is your personal data worth?
April 22nd, 2014
British ministers are looking at changes that will allow HMRC to sell taxpayers’ data to third parties. Putting aside the privacy issues, how much is personal data worth? As this paper reported last week, ministers are considering changes in ...
Comcast 1Q earns surge on upbeat NBC results
April 22nd, 2014
Comcast Corp. said Tuesday that its first-quarter net income rose by 30 percent as ad revenue surged at broadcast network NBC, helped by the Winter Olympics in Sochi and Jimmy Fallon’s elevation as host of “The Tonight Show.” The ...
SFC reprimands and fines The Royal Bank of Scotland PLC $6 million for internal control failings
April 22nd, 2014
The Securities and Futures Commission (SFC) of Hong Kong, has issued a reprimand to The Royal Bank of Scotland Public Limited Company (RBS) and fined it $6 million for internal control failures relating to the detection and prevention of ...
P&G Hopes New Razor Keeps Its Results On The Cutting Edge
April 22nd, 2014
It’s been said that if you build a better mousetrap the world will beat a path to your door, but what about razors and tooth whitener? We’ll find out on Wednesday when Procter & Gamble Co. (NYSE:PG), the Cincinnati ...