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News & Updates
Reuters - "Thanks to the JOBS act, once private offerings are now essentially public offerings," said Barbara Roper, investor protection director of the îConsumer Federation of Americaî, and a member of the SEC's...
July 30, 2014 Penn West warns of accounting irregularitiesSource: Calgary Herald
CALGARY — Penn West Petroleum Ltd. has warned that second-quarter results may be delayed as it investigates accounting irregularities that could result in restating audited financial statements for 2012 and 2013 and the first...
July 30, 2014 U.S. Stocks Erase Gains on Sanctions While Bonds Climb
forexfactory.com - The Standard & Poorâs 500 Index fell 0.1 percent at 11:30 a.m. in New York, after earlier climbing 0.3 percent. The îStoxxî Europe 600 Index rose 0.3 percent, trimming an earlier rally of...
By defaulting tomorrow, Argentina may trigger bondholder claims of as much as $29 billion -- equal to all its foreign-currency reserves. If the overdue interest on Argentina’s dollar-denominated securities due 2033 isn’t paid by...
July 30, 2014 Oracle CEO gets a pay cut, but is it enough?Source: Fortune
Reducing the stock options granted to Larry Ellison represents a major victory for Oracle shareholders. But the software company has a lot of ground to cover
Reuters - According to Thomson Reuters StarMine data, 32 percent of companies in the îSTOXXî Europe 600 index have reported second-quarter results so far, of which 60 percent have met or beaten analysts' expectations....
July 30, 2014 Wall Street to read economic tea leaves from Fed, GDPSource: CNBC
Wall Street on Wednesday will receive two reads on the U.S. economy, with one coming from the Commerce Department and the other from the Federal Reserve, with differing takes on which matters more. "Don't expect any surprises,...
July 30, 2014 Euro slides below $1.34, eyes on Fed and U.S. GDPSource: Reuters
The euro fell below $1.34 on Wednesday for the first time since last November before German inflation data that was likely to add to the case for the European Central Bank pumping more money into a moribund economy. The first...
July 30, 2014 The economic risk of climate change
Property Casualty 360 - As highlighted in the latest îIntergovernmental Panel on Climate Changeî (IPCC) report, the current state of knowledge on climate science, and hence current and future changes solely in the...
July 29, 2014 Compensation flattens out for some top-paid executivesSource: Houston Chronicle
As oil industry capital returns slumped, corner-office stock awards and cash bonuses stalled, with the median pay package down a fraction of a percent, compared with a median 10.9 percent jump in 2012, according to analysis...
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