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News & Updates

June 24, 2015 New York City's real estate boom translates to colossal compensation for property moguls.

Crain's New York Business - îFitch Ratingsî forecast in a report last month that more money could flow into real estate in 2015 than at any time since the fin de siècle years of 2006 and 2007. With the sun...

June 24, 2015 John Chen has BlackBerry back in the game

Source: CBS News

A few months after being named chief executive of BlackBerry (BBRY) in 2013, John Chen declared on Bloomberg TV that he wasn't "crazy" to take on the seemingly impossible task of breathing new life into a company many Wall Street...

June 24, 2015 European Stocks Slide as Tsipras Says Greek Proposals Rejected

Economia e Finanza con Bloomberg - The îStoxxî Europe 600 Index fell 0.5 percent to 396.73 at 10:58 a.m. in London. Greeceâs ASE Index snapped a four-day winning streak, falling 3.4 percent, for the biggest...

June 24, 2015 Public Pension Funds Leading Shareholder-Proposal Activism

Source: Valuwalk

Pension funds are getting in on the activism action with a record number of shareholder proposals already this year. However, that may not be a good thing. A new report indicates that in the past, shareholder-proposal activist...

June 24, 2015 GLOBAL MARKETS-Europe stocks edge up as Greece keeps investors on edge

Source: Reuters

LONDON - European shares edged higher on Wednesday as investors anxiously awaited fresh talks aimed at averting a Greek default, while the dollar held on to most of the previous day's gains on prospects of higher U.S. interest...

June 24, 2015 Dollar Rises Against Euro as Clearer Pictures of Greece, Fed Policy Emerge

Source: Wall Street Journal

The euro posted its biggest daily percentage decline against the dollar in three months as a resolution to the latest installment of Greece’s debt crisis appeared at hand and as a Federal Reserve official bolstered confidence in...

June 23, 2015 Euro Economy Picks Up With Business Index at Four-Year High

Source: Bloomberg

An index of euro-area factory and services unexpectedly rose to the highest in more than four years this month as growth gained momentum in Germany and France, the bloc’s two largest economies.

June 23, 2015 Greece Given 48 Hours to Reach Deal as EU Weighs Debt - text/video

Source: Bloomberg

Greek Prime Minister Alexis Tsipras has 48 hours to bring a deal with his country’s creditors to the finish line and end a five-month standoff over aid that risks splitting the euro.

June 22, 2015 Greek Financial Crisis: All You Need to Know

Source: Newsweek

The long-running Greek financial crisis appears to be coming to (another) decisive point. Greece owes 1.6 billion euros to the International Monetary Fund (IMF) by June 30. The Greek state apparently does not have the cash to pay...

June 22, 2015 EU report: international accounting rules did not worsen 2008 crisis

Source: Yahoo News

LONDON (Reuters) - The European Commission said on Friday there was no clear evidence that adopting international accounting rules made the bloc's banking crisis worse and that its benefits outweighed the costs.

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