News by Industry

Financial Markets

Releases published in the last 30 days.

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Colt launches FX Liquidity Access service connecting London, New York and Tokyo markets
9/30/2014 9:46:30 AM
Colt today announces the availability of its FX Liquidity Access service, connecting market participants to the London, New York and Tokyo FX markets.  The service -  which includes low latency connectivity and proximity hosting - simplifies access to the global FX markets, enabling customers to access single and multi-bank platforms 24x7.  “As customers increasingly look …
eBay & PayPal to Become Independent Companies in 2015
eBay & PayPal to Become Independent Companies in 2015
9/30/2014 9:39:21 AM
eBay Inc.  today said its Board of Directors, following a strategic review of the company’s growth strategies and structure, has approved a plan to separate the company’s eBay and PayPal businesses into independent publicly traded companies in 2015, subject to customary conditions. Creating two standalone businesses best positions eBay and PayPal to capitalize on their …
American Express Appoints Neal Sample President, Enterprise Growth
9/30/2014 8:30:21 AM
The following announcement from American Express (NYSE: AXP) is in the form of a letter to employees from Kenneth I. Chenault, CEO:  “I’m writing to let you know about a change in the leadership of Enterprise Growth. Dan Schulman , Group President of Enterprise Growth, has informed me of his decision to leave American Express and join eBay, Inc., where he will become CEO …
WallStreetSurvivor.com Launches Financial Education Courses
WallStreetSurvivor.com Launches Financial Education Courses
9/30/2014 6:00:00 AM
Wall Street Survivor announced today that it has added online courses to its interactive financial education platform. With over 200,000 investing enthusiasts experiencing the site, Wall Street Survivor is best known for its virtual stock market and its innovative stock picking leagues and stock games . With the addition of these new courses such as  “ Getting Started on …
Montréal Exchange brings options trading to university campuses across Canada
9/29/2014 12:38:26 PM
Montréal Exchange Inc. (MX), Canada’s derivatives exchange, today marked the launch of trading in its Options Trading Simulation contest. A key part of MX’s derivatives education initiatives, the Options Trading Simulation contest offers undergraduate university students the opportunity to gain virtual experience in the Canadian options market. Using the TMX Trading Simulator, …
Roche purchases shares in tender offer for InterMune, Inc.
9/29/2014 11:26:17 AM
Roche (SIX: RO, ROG; OTCQX: RHHBY) and InterMune, Inc. (NASDAQ: ITMN) today announced that Roche’s wholly owned subsidiary Klee Acquisition Corporation has accepted for payment all shares validly tendered pursuant to its tender offer for all outstanding shares of common stock of InterMune, Inc. at USD 74.00 per share in cash. The tender offer expired at 12:00 midnight, New …
Olympian sets sights on Merger
Olympian sets sights on Merger
9/29/2014 8:58:48 AM
London, UK - Olympian Trading Limited (BVI), the operational and marketing group behind online casino  GR88.com , is in final discussions with a major European i-gaming technology firm regarding a merger.   Jeff Golding, spokesperson for Olympian Trading, stated “this merger will give us a 360 degree, fully independent gaming company with proprietary software and a fully …
KUKA AG announces public offer to acquire Swisslog Holding AG
9/26/2014 4:56:14 PM
By joining forces, KUKA AG and Swisslog Holding AG aim to become a global automation powerhouse for integrated automation and logistics solutions Through the new alliance, KUKA will tap the attractive logistics market and boost sales revenues in the General Industry business from currently 30 percent to approximately 50 percent Swisslog gains global access to KUKA’s …
PSEi reaches new all-time intraday high
9/26/2014 12:58:00 PM
The PSEi climbed to a new all-time intraday high of 7,413.62 on Thursday, September 25. That represents a gain of 58.33 points or 0.79 percent from its closing level the previous day. "It is good to see the market back at the 7,400 level and trek new territories once again. Even as the index eventually retreated at closing, it is always a positive sign for the market when …
Deloitte receives top awards at International Tax Review’s Americas Tax Awards
9/26/2014 10:45:07 AM
The Deloitte network of member firms (Deloitte) was given top regional honors by International Tax Review at the annual Americas Tax Awards. Deloitte received four regional awards: Americas Tax Innovator of the Year, Americas Tax Policy Firm of the Year, North America Transfer Pricing Firm of the Year and Latin America Indirect Tax Team of the Year. The Deloitte network won …
NES Financial Launches China Website to Provide Chinese Investors and Advisors with Valuable Insight into EB-5
9/25/2014 4:43:45 PM
NES Financial announced today that it has deployed an EB-5 website specifically for Chinese investors and their advisors. With the popularity of the EB-5 program continuing to grow, the information offered on the site will help educate parties on EB-5 and provide details on escrow and fund administration best practices to help investors and their advisors as they consider …
GIC to join the Carlyle Group as joint strategic investors in RAC
9/25/2014 1:15:05 PM
Global alternative asset manager The Carlyle Group today announced that it has entered into an agreement with GIC, Singapore’s sovereign wealth fund, to become a co-shareholder in RAC. Following the transaction, Carlyle and GIC will jointly own a majority stake in the business with RAC management holding the remaining shares. The investment is expected to be completed by the …
ACI Worldwide Strengthens Partnership with Yodlee, Empowering Financial Institutions to Increase Customer Engagement and Loyalty
9/25/2014 12:08:49 PM
ACI Worldwide (NASDAQ: ACIW), a leading global provider of electronic payment and banking solutions, today announced an expanded partnership with Yodlee, a leading platform for digital financial services. The partnership empowers ACI’s financial institution (FI) customers to deliver optimal bill pay and online financial management experiences to their end users, ultimately …
Innovation Is the Key to Success in China’s Banking Industry
9/25/2014 9:09:21 AM
The banking sector in China is reaching a new stage of evolution, and innovation will be required to compete, according to a new report from The Boston Consulting Group (BCG). The report, titled Formulas for Winning: Forging Innovation in China’s Banking Sector , is being released today. The changing dynamics of the banking sector are spurring modifications in consumer …
Newly Formed Coca-Cola Bottling Company Of Central Florida Signs Definitive Agreement With The Coca-Cola Company
9/24/2014 1:25:39 PM
The Coca-Cola Company today announced that it had signed a definitive agreement with Coca-Cola Bottling Company of Central Florida (Coca-Cola Central Florida), a newly formed independent Coca-Cola bottling company. The transition of territories in Central Florida, originally announced February 21, 2014, will include Tampa/St. Petersburg, Ft. Myers, Ft. Pierce, Lakeland and …
Deutsche Bank strengthens Trade Finance and Cash Management for Corporates Group in Latin America
9/23/2014 4:22:15 PM
Deutsche Bank today announced that Lilian Camara has joined as Head of Client Development for Multinational Corporates, Latin America. In this new role, Camara reports to Kika Ricciardi, Head of Global Transaction Banking Latin America and Head of Trade Finance and Cash Management Corporates for Latin America. She is based in Sao Paulo. “Delivering innovative solutions that …
Discovery Communications & Liberty Global Close Deal To Acquire All3Media
9/23/2014 4:08:51 PM
Discovery Communications and Liberty Global today finalized their transaction following regulatory clearance to jointly acquire All3Media, a leading global content creator and major distributor of award-winning TV programming. In May 2014, Discovery Communications and Liberty Global formed a joint venture to preserve All3Media’s creative autonomy while providing strategic …
Michael Gill is Releasing a New Video Recapping his Fight Against Alleged Corruption
9/23/2014 1:33:58 PM
Over the last few months, Mike Gill has been documenting his allegations of corruption and organized crime in the State of New Hampshire in a series of videos.  Today he is releasing another video in this series titled “Reflection”. In this video, Mike Gill recaps all of the information that he has released to-date addressing his allegations of corruption and the connection …
Barclays appoints Akshaya Bhargava as Chief Executive of Wealth and Investment Management
9/23/2014 11:59:07 AM
Barclays has today announced that Akshaya Bhargava has been appointed as Chief Executive of Wealth and Investment Management. He will join Barclays on 13 October 2014. With over 35 years’ experience in the financial services industry, Akshaya joins from InfraHedge Ltd which he founded in 2010 and was acquired by State Street Corporation at the end of 2013. Prior to this he was …
Old Mutual Asset Management announces the launch of an initial public offering
9/23/2014 11:38:25 AM
Old Mutual plc today announces that it has launched the initial public offering ("IPO") of its subsidiary OM Asset Management Limited, the holding company for Old Mutual’s US-based institutional asset management business. Old Mutual intends to sell 22,000,000, or 18.3%, of OM Asset Management’s ordinary shares at a price per share range between $15.00 and $17.00. Old Mutual …