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News & Updates

July 18, 2014 European shares fall as downed plane spurs safe-haven buying

Reuters - Wall Street had its worst day since April. Broad-based falls on Friday saw all but two sectors on the îSTOXXî Europe 600 in negative territory. The airliner crash could intensify international pressure to...

July 18, 2014 Morgan Stanley Profit Soars By 46% in the Second Quarter

Source: The Motley Fool

Resulting from gains in all three of its main businesses, Morgan Stanley (NYSE: MS ) announced today its net income from its core operations rose by 46% over the second quarter of last year to stand at $1.3 billion

July 18, 2014 BitRegulation! NY plans new rules for virtual currencies

Source: CNBC

The State of New York is weighing a raft of new rules to regulate bitcoin and other virtual currencies, the state's financial regulators announced on Thursday, proposing to issue a "BitLicense" that would protect consumers,...

July 18, 2014 FedEx Indicted for Shipping Drugs for Online Pharmacies

Source: Bloomberg

FedEx Corp. (FDX:US) was accused in a federal indictment of delivering prescription pain pills, sedatives, anti-anxiety drugs and other controlled substances for illegal Internet pharmacies.

July 17, 2014 Why investments that do good make good business sense

Reuters - The business potential is not insignificant. About $1 of every $9 is invested in sustainable and responsible investing strategies in the U.S., according to a 2012 report from îUS SIFî: The Forum for...

July 17, 2014 Bubble Paranoia Setting in as S&P 500 Surge Stirs Angst

Source: Bloomberg

Two years of uninterrupted gains in U.S. stocks are sowing anxiety among financial professionals, with three in five saying the market is on the verge of a bubble or already in one, the Bloomberg Global Poll found.

July 17, 2014 Lew: cyberattacks aim to disrupt U.S. financial system

Source: Reuters

The hundreds of cyberattacks against U.S. banks and other institutions in recent years represent a targeted attempt to more broadly disrupt the U.S. financial system, Treasury Secretary Jack Lew said on Wednesday. In remarks on...

July 17, 2014 EUROPE MARKETS: European Stocks Slide After Fresh Russia Sanctions

english.capital.gr - The îStoxxî Europe 600 index slid 0.5% to 341.18, after posting the biggest one-day percentage gain since April on Wednesday. Among notable movers in the pan-European index, shares of Sandvik AB...

July 17, 2014 Green bonds market grows by 60% in a year

Source: The Guardian

The market for green bonds has grown 60% this year compared to 2013, surpassing expectations and leading experts to say a niche has now become mainstream. The climate bonds initiative (CBI) and HSBC said on Thursday that green...

July 17, 2014 Bank of America Takes a Hit With Litigation Costs

Source: The Ledger.com

Bank of America said Wednesday that its second-quarter earnings were hit by higher litigation expenses. The Charlotte, N.C.-based bank earned $2 billion in the second quarter after payments to preferred shareholders, compared...

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