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Friday, August 8, 2014 from Business News - Markets reports and financial news from SkyThe emerging markets bank is in talks to hire one of Brussels' staunchest critics of industry pay practices, Sky News learns.
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Friday, August 8, 2014 from Reuters: Market NewsAug 8 (Reuters) - The following financial services industry appointments were announced on Friday. To inform us of other job changes, email moves@thomsonreuters.com.
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Friday, August 8, 2014 from MarketWatch.com - Financial Services Industry NewsBy one set of measurements, stocks are even more overpriced now than they were before the tech bubble burst, writes Brett Arends.
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Friday, August 8, 2014 from Reuters: Market NewsAug 8 (Reuters) - Canadian auto parts maker Magna International Inc reported a higher-than-expected rise in quarterly profit and raised its full-year sales forecast, helped by strong demand in North...
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Friday, August 8, 2014 from CNN/Money - MarketsGermany's main stock market index has dropped 11% from its June peak as investors worry that an escalating trade war with Russia will hurt the economy.
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Friday, August 8, 2014 from FOXBusiness.comThe Labor Department reports productivity figures for the April-June quarter.
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Friday, August 8, 2014 from Fin24 MarketsThe rand has traded in a narrow range against the dollar but could weaken into the weekend as political turmoil in Russia drains appetite for risky assets.
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Friday, August 8, 2014 from FinanceThere's not much on the economic calendar today to remind us that the economy is in decent shape. And that could be a bad thing. Markets are currently selling off around the world . U.S. futures are in the red, European markets are down ...
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Friday, August 8, 2014 from Reuters: Market NewsAug 8 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.
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Friday, August 8, 2014 from Reuters: Market News* Obama says authorised limited air strikes to curb IS advance
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Friday, August 8, 2014 from Telegraph FinanceInvestors nervous as US return to a military role in Iraq heighten geopolitical tensions
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Friday, August 8, 2014 from Reuters: Market NewsAug 8 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Friday:
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Friday, August 8, 2014 from World MarketsAsian stocks were mostly lower on Friday after the U.S. authorized targeted airstrikes on Iraq but strong Chinese data helped to boost sentiment.
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Friday, August 8, 2014 from Reuters: Market News* Russian crisis not hitting Germany too hard yet (Adds comment from BGA trade association)
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Friday, August 8, 2014 from Reuters: Market NewsNEW YORK, Aug 8 (IFR) - Several hedge funds have received margin calls in recent days on their holdings of risk-sharing RMBS bonds from Freddie Mac and Fannie Mae, market sources told IFR.
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Friday, August 8, 2014 from Reuters: Market News* Announce the appointment of Liz Benison as the new chief executive for its UK & Europe, local & regional government division
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Friday, August 8, 2014 from FOXBusiness.comTAP Air Portugal pilots are staging a 24-hour strike on Saturday over what they say is a deterioration in work conditions, with their walkout disrupting the flag carrier's operations during the peak summer vacation period.
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Friday, August 8, 2014 from Reuters: Market News* Governor Kuroda remains upbeat on outlook (Adds analyst quote, details)
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Friday, August 8, 2014 from World MarketsU.S. Treasury bonds continued to gain on Friday, after President Barack Obama authorized airstrikes on Iraq.
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Friday, August 8, 2014 from Telegraph FinanceGrowth in the UK's construction sector was flat across the second quarter as an increase in June reversed May's declines
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Friday, August 8, 2014 from Reuters: Market News* Shares up more than 5 pct (Adds COO, analyst quotes; share reaction; details)
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Friday, August 8, 2014 from Reuters: Market NewsSHANGHAI, Aug 8 (Reuters) - Ford Motor Co and its Chinese joint ventures sold 90,775 vehicles in China in July, up 25 percent from a year earlier, far outpacing industry growth of 6.7 percent for the...
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Friday, August 8, 2014 from MarketWatch.com - Financial Services Industry NewsGermany's Allianz SE Friday said net profit rose 10.5% in the second quarter, due to a good performance by its insurance operations, low costs for weather-related claims and a higher contribution from investment income, which more than o...
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Friday, August 8, 2014 from World MarketsWall Street looked set to open lower once on Friday, after President Barack Obama authorized airstrikes on Iraq.
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Friday, August 8, 2014 from MarketWatch.com - Financial Services Industry NewsGemalto will expand its data-protection offering through the deal for SafeNet.
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Friday, August 8, 2014 from Reuters: Market News* Shares rise 3.9 percent (Adds share price reaction, analyst's comment, background)
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Friday, August 8, 2014 from FinanceBanks registered in Scotland would likely flee to relocate themselves in the U.K. if the Scottish vote for independence in their referendum on Sept. 18, according to a report from the National Institute of Social and Economic Research . ...
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Friday, August 8, 2014 from World MarketsInvestors sought refuge in the traditional security of the yen and Swiss franc on Friday after Obama approved air strikes in Iraq.
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Friday, August 8, 2014 from Reuters: Market NewsAug 8 (Reuters) - Magna International Inc, one of the world's largest auto parts makers, reported a higher second-quarter profit bolstered by robust demand in North America and continued recovery in...
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Friday, August 8, 2014 from Reuters: Market NewsATHENS, Aug 8 (Reuters) - Greek industrial output fell 6.7 percent year-on-year in June after a downwardly revised 0.9 percent contraction in May, marking its steepest fall since July 2013,...
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Friday, August 8, 2014 from Telegraph FinanceNielsen claims spending intentions among British consumers have risen four times faster than any other country, making UK buyers among the most "positive" in Europe
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Friday, August 8, 2014 from World MarketsBrent rises to $107 after the United States approved air strikes against Islamic militants in Iraq.
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Friday, August 8, 2014 from Reuters: Market NewsKIEV, Aug 8 (Reuters) - Ukraine expects that a decision on disbursement of a second $1.4 billion tranche of aid by the International Monetary Fund under a $17 billion loan programme will be adopted...
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Friday, August 8, 2014 from MarketWatch.com - Financial Services Industry NewsFranklin Double Tax-Free Income fund recently had almost two-thirds of its portfolio in Puerto Rico bonds -- and shareholders suffered greatly when those bonds lost value, writes Conrad de Aenlle.
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Friday, August 8, 2014 from Telegraph FinanceInvestors nervous as US return to a military role in Iraq heighten geopolitical tensions
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Friday, August 8, 2014 from FOXBusiness.comChina's auto sales decelerated further in July as global automakers outpaced local brands.
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Friday, August 8, 2014 from Reuters: Market NewsANKARA, Aug 8 (Reuters) - Iran has given permission for Turkish trucks travelling to northern Iraq to pass through Iran due to the advance of Islamic State militants in the region, Iranian Trade...
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Friday, August 8, 2014 from CNN/Money - MarketsHold on tight and get ready for stock markets to take a dive.
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Friday, August 8, 2014 from Telegraph FinanceEconomists say net trade "clearly of little help" to UK's otherwise strong growth rate in the second quarter
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Friday, August 8, 2014 from Business News - Markets reports and financial news from SkyAn investigator hired by GlaxoSmithKline to investigate a sex tape leak reportedly accepts the privacy charges against him.
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Friday, August 8, 2014 from The Economic Times -Global MarketsAt 0742 GMT, the FTSEurofirst 300 index of top European shares was down 1.3 per cent at a 4-1/2 month low of 1,297.93 points.
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Friday, August 8, 2014 from Reuters: Market News* Euro recovers ground as dollar takes hit (Updates with early European trade, changes dateline from previous TOKYO)
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Friday, August 8, 2014 from The Economic Times -Global MarketsThe blue-chip FTSE 100 index was down by 1 per cent, or 63.70 points, at 6,533.67 points - close to its lowest level since mid-April.
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Friday, August 8, 2014 from Reuters: Market News====================================================== For euro zone economic data, please double-click on: for indicators released this month or for indicators released next month For other related...
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Friday, August 8, 2014 from World MarketsGold climbed to 2-1/2-week highs on Friday after U.S. President Barack Obama authorized air strikes in Iraq. and
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Friday, August 8, 2014 from Telegraph FinanceMalaysia's state investment firm, which already owns 69pc of Malaysia Airlines, has made an offer to buy out minority shareholders in a bid to save the troubled carrier
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Friday, August 8, 2014 from Telegraph FinanceMalaysia's state investment firm, which already owns 69pc of Malaysia Airlines, has made an offer to buy out minority shareholders in a bid to save the troubled carrier
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Friday, August 8, 2014 from Moneycontrol Top HeadlinesCapital goods and metal stocks are dragging the markets. Sesa Sterlite, BHEL, Tata Power, Hindalco and Tata Steel are top losers in the Sensex.
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Friday, August 8, 2014 from Telegraph FinanceBooming exports have pushed China's trade surplus far higher than analysts had anticipated
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Friday, August 8, 2014 from MarketWatch.com - MarketPulseHONG KONG (MarketWatch) -- Here are the closing levels for Asia's major stock markets: Tokyo (Nikkei Average) down 3% ; Hong Kong (Hang Seng Index) down 0.2% ; Shanghai (Shanghai Composite Index) up 0.3% ; Sydney (S&P/ASX 200) down 1.3% ...
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Sunday, August 10, 2014 from NYT > Banking Industry“Revolution in the Elbow of Ragnar Agnarsson Furniture Painter” is an allegorical tale about economic crisis that’s set in, well, an elbow.
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Friday, August 8, 2014 from Business: Banking | theguardian.comPressure groups claim to have 'uncovered a pattern of abuse' by the bank, which says it does not discriminate on race or religion HSBC has been accused of unfairly targeting Syrians living in the UK after it was revealed the bank has wri...
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Friday, August 8, 2014 from American Banking News
Catlin Group Limited (LON:CGL)‘s stock had its “hold” rating reaffirmed by equities researchers at Berenberg Bank in a research report issued on Friday. They currently have a GBX 527 ($8.87) price objective on the stock... -
Friday, August 8, 2014 from American Banking News
Aviva plc (LON:AV)‘s stock had its “sell” rating restated by Berenberg Bank in a research note issued on Friday. They currently have a GBX 450 ($7.57) price target on the stock. Berenberg Bank’s price objective po... -
Friday, August 8, 2014 from BusinessLine - BankingThis is the first profit growth in six quarters for the bank
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Friday, August 8, 2014 from American Banking News
Susser Petroleum Partners (NASDAQ:SUSP) announced a quarterly dividend on Friday, August 8th, Stock Ratings Network reports. Investors of record on Tuesday, August 19th will be paid a dividend of 0.5197 per share on Friday, August 29th. ... -
Friday, August 8, 2014 from American Banking News
Magna International (NYSE:MGA) declared a quarterly dividend on Friday, August 8th, Stock Ratings News reports. Shareholders of record on Friday, August 29th will be given a dividend of 0.38 per share on Friday, September 12th. This repr... -
Friday, August 8, 2014 from American Banking News
The World Health Organization has declared the Ebola outbreak in West Africa to be an international public health emergency on Friday. Photo: EPA “WHO Declares Ebola Outbreak is an Emergency” is categorized as “world ... -
Friday, August 8, 2014 from American Banking NewsSenate Republican incumbents have gone undefeated against Tea Party challenges in the primaries this election season closing out their streak with Thursday’s election in Tennessee where incumbent Lamar Alexander took the nomination...
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Friday, August 8, 2014 from BusinessLine - BankingRavi Shankar joined infrastructure finance company IDFC as the head of Bharat Banking with effect from August 8, 2014. IDFC, which recently bagged a commercial banking licence, plans to s...
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Friday, August 8, 2014 from American Banking News
Espirito Santo Investment Bank Research decreased their price target on shares of Schroders plc (LON:SDR) from GBX 2,991 ($50.33) to GBX 2,969 ($49.96) in a research note issued on Friday. The firm currently has a “buy” ratin... -
Friday, August 8, 2014 from American Banking News
Laird PLC (LON:LRD)‘s stock had its “buy” rating reiterated by equities research analysts at Espirito Santo Investment Bank Research in a research note issued to investors on Friday. They currently have a GBX 360 ($6.06... -
Friday, August 8, 2014 from American Banking News
Rubicon Technology (NASDAQ:RBCN) was downgraded by investment analysts at Canaccord Genuity to a “hold” rating in a note issued to investors on Friday. They currently have a $8.00 price objective on the stock, down from their... -
Friday, August 8, 2014 from American Banking News
Equities researchers at Canaccord Genuity lowered their target price on shares of Bankrate (NYSE:RATE) from $20.00 to $16.00 in a research report issued on Friday. Canaccord Genuity’s price objective suggests a potential downside o... -
Friday, August 8, 2014 from American Banking News
Canaccord Genuity cut their price target on shares of Agrium (NYSE:AGU) from $106.00 to $104.00 in a research note issued on Friday. Canaccord Genuity’s price objective indicates a potential upside of 15.01% from the company’... -
Friday, August 8, 2014 from American Banking News
Stock analysts at Canaccord Genuity reduced their target price on shares of Derma Sciences (NASDAQ:DSCI) from $19.00 to $18.00 in a report issued on Friday. Canaccord Genuity’s target price points to a potential upside of 99.56% fr... -
Friday, August 8, 2014 from American Banking News
Investment analysts at Canaccord Genuity reduced their price objective on shares of Erickson (NYSE:EAC) from $20.00 to $18.00 in a note issued to investors on Friday. Canaccord Genuity’s target price points to a potential upside of... -
Friday, August 8, 2014 from American Banking News
Research analysts at Jefferies Group initiated coverage on shares of Genesco (NYSE:GCO) in a report released on Friday. The firm set a “hold” rating and a $82.00 price target on the stock. Jefferies Group’s price object... -
Friday, August 8, 2014 from American Banking News
Ballantyne Strong (NYSE:BTN) announced its earnings results on Friday. The company reported $0.03 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.02) by $0.05, American Banking News reports. Ballantyne Str... -
Friday, August 8, 2014 from American Banking News
NRG Energy (NYSE:NRG)‘s stock had its “buy” rating reiterated by Jefferies Group in a research note issued on Friday. They currently have a $37.00 target price on the stock, down from their previous target price of $38.... -
Friday, August 8, 2014 from American Banking News
Enerplus Corp (TSE:ERF) posted its quarterly earnings results on Friday. The company reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.76, American Banking & Market News reports. ... -
Friday, August 8, 2014 from American Banking News
Analysts at Canaccord Genuity hoisted their price target on shares of NxStage Medical (NASDAQ:NXTM) from $19.00 to $20.00 in a research report issued to clients and investors on Friday. The firm currently has a “buy” rating o... -
Friday, August 8, 2014 from American Banking News
Primary Energy (TSE:PRI) released its earnings data on Friday. The company reported ($0.14) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.03) by $0.11, Analyst Ratings.Net reports. Primary Energy (TSE:PRI) op... -
Friday, August 8, 2014 from American Banking News
OGE Energy Corp. (NYSE:OGE)‘s stock had its “buy” rating restated by equities research analysts at Jefferies Group in a research note issued to investors on Friday. They currently have a $40.00 price target on the stock... -
Friday, August 8, 2014 from American Banking News
Redknee Solutions (TSE:RKN) posted its quarterly earnings results on Friday. The company reported ($0.07) earnings per share for the quarter, missing the analysts’ consensus estimate of $0.03 by $0.10, American Banking and Market N... -
Friday, August 8, 2014 from American Banking News
Thoratec (NASDAQ:THOR)‘s stock had its “buy” rating restated by Canaccord Genuity in a research note issued on Friday. They currently have a $28.00 price target on the stock, down from their previous price target of $39... -
Friday, August 8, 2014 from American Banking News
Trinidad Drilling (TSE:TDG) released its earnings data on Friday. The company reported ($0.04) earnings per share for the quarter, missing the analysts’ consensus estimate of $0.05 by $0.09, Stock Ratings Network.com reports. TDG h... -
Friday, August 8, 2014 from American Banking News
Jefferies Group cut their target price on shares of Transocean LTD (NYSE:RIG) from $41.00 to $40.00 in a research note issued on Friday. Jefferies Group’s price target indicates a potential upside of 4.63% from the company’s ... -
Friday, August 8, 2014 from American Banking News
Veresen (TSE:VSN) issued its quarterly earnings data on Friday. The company reported ($0.01) earnings per share for the quarter, missing the analysts’ consensus estimate of $0.02 by $0.03, Analyst Ratings Network reports. Shares of... -
Friday, August 8, 2014 from American Banking News
Research analysts at Jefferies Group dropped their price objective on shares of Volcano (NASDAQ:VOLC) from $24.00 to $20.00 in a report released on Friday. Jefferies Group’s target price would indicate a potential upside of 26.74% ... -
Friday, August 8, 2014 from American Banking News
Primero Mining Corp (TSE:P) released its earnings data on Friday. The company reported $0.01 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.05 by $0.04, Stock Ratings Network.com reports. A numbe... -
Friday, August 8, 2014 from American Banking News
Zynga (NASDAQ:ZNGA)‘s stock had its “hold” rating restated by equities research analysts at Canaccord Genuity in a research note issued to investors on Friday. They currently have a $4.00 price objective on the stock, d... -
Friday, August 8, 2014 from American Banking NewsMagna International (NYSE:MGA) issued its quarterly earnings data on Friday. The company reported $2.32 EPS for the quarter, beating the Thomson Reuters consensus estimate of $2.22 by $0.10, Analyst RN reports. The company had revenue of...
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Friday, August 8, 2014 from American Banking News
A number of firms have modified their ratings and price targets on shares of St. James's Place plc (LON: STJ) recently: St. James's Place plc had its “add” rating reaffirmed by analysts at Numis Securities Ltd. They n... -
Friday, August 8, 2014 from American Banking News
A number of stock research firms have changed their ratings and price targets for Enterprise Inns plc (LON: ETI) during the last seven days: Enterprise Inns plc had its “buy” rating reaffirmed by analysts at Deutsche Bank. Th... -
Friday, August 8, 2014 from Business: Banking | theguardian.comSurvey shows customers are paying £2m a year for the practice of 'bundling' that was abandoned a decade ago Building societies are forcing home buyers to take out their often high-priced in-house insurance policies or face a penalty of a...
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Friday, August 8, 2014 from American Banking NewsThe Guggenheim museum runs art and drawing workshops for the entire family. “Fine Art Classes” is categorized as “business”. This video was licensed from Grab Networks. For additional video content, click the R...
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Friday, August 8, 2014 from American Banking News
Ardelyx (NASDAQ:ARDX) released its earnings data on Friday. The company reported $0.44 EPS for the quarter, missing the Thomson Reuters consensus estimate of $1.83 by $1.39, Stock Ratings Network.com reports. Several analysts have recent... -
Friday, August 8, 2014 from American Banking News
Innergex Renewable Energy (TSE:INE) released its earnings data on Friday. The company reported $0.06 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.16 by $0.10, Stock Ratings News reports. A numb... -
Friday, August 8, 2014 from American Banking News
Fortress Paper (TSE:FTP) posted its quarterly earnings results on Friday. The company reported ($1.26) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.83) by $0.43, Stock Ratings Network.com reports. Share... -
Friday, August 8, 2014 from American Banking News
Westernone (TSE:WEQ) released its earnings data on Friday. The company reported $0.01 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.02 by $0.01, Analyst Ratings.Net reports. Shares of Westernone (TSE:WEQ) open... -
Friday, August 8, 2014 from American Banking News
Golden Minerals (NASDAQ:AUMN) posted its quarterly earnings results on Friday. The company reported ($0.12) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.09) by $0.03, Stock Ratings Network.com... -
Friday, August 8, 2014 from American Banking News
Sprott (TSE:SII) issued its quarterly earnings data on Friday. The company reported $0.02 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.03 by $0.01, AmericanBankingNews.com reports. A number of research firms ... -
Friday, August 8, 2014 from American Banking News
McCoy (TSE:MCB) posted its quarterly earnings results on Friday. The company reported $0.08 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.12 by $0.04, American Banking and Market News reports. A number of anal... -
Friday, August 8, 2014 from American Banking News
Artesian Resources Corp. (NASDAQ:ARTNA) issued its quarterly earnings data on Friday. The company reported $0.22 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.32 by $0.10, AnalystRatings.Net rep... -
Friday, August 8, 2014 from Wall Street Daily
By Alan Gula , Chief Income Analyst By Alan Gula, Chief Income Analyst One of the most fascinating developments of the stock market rally over the past few years has been the killer performance of companies with less-than-stellar financi... -
Friday, August 8, 2014 from Business: Banking | theguardian.comProposals broadly follow Lord Myners' recommendations, apart from plans to allow three Co-op members on the board The troubled Co-operative Group has unveiled proposals for a radical shakeup of the way it is run , seeking to draw a line ...
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Friday, August 8, 2014 from American Banking News
Tullow Oil plc (LON:TLW)‘s stock had its “outperform” rating reaffirmed by analysts at Sanford C. Bernstein in a research report issued to clients and investors on Friday. They currently have a GBX 1,300 ($21.87) price ... -
Friday, August 8, 2014 from American Banking News
Premier Oil PLC (LON:PMO)‘s stock had its “outperform” rating restated by equities researchers at Sanford C. Bernstein in a research report issued on Friday. They currently have a GBX 460 ($7.74) price objective on the ... -
Friday, August 8, 2014 from American Banking News
Petrofac Limited (LON:PFC)‘s stock had its “outperform” rating restated by research analysts at Sanford C. Bernstein in a report released on Friday. They currently have a GBX 1,500 ($25.24) target price on the stock. Sa...
