SEC probes alleged fraud at fast trader Infinium: SEC letter
CHICAGO (Reuters) – The Securities and Exchange Commission has launched an inquiry into whether high-speed trader Infinium Capital Management violated federal securities laws, according to a SEC letter obtained by Reuters.
Fed’s Dudley flags easy money now, rate rise around mid-2015
NEW YORK (Reuters) – The Federal Reserve is not about to back off its highly accommodative policy, though investor predictions of a rate rise by midway through next year are reasonable, an influential U.S. central banker said on Friday.
UK court ruling may prompt more scrutiny of Amazon tax plans
LONDON (Reuters) – Amazon’s tax affairs could come under more scrutiny in Britain, tax experts said, after a judge questioned whether it really was organized in the tax efficient way it said it was.
Rolls-Royce to buy Daimler stake of power systems unit with cash, borrowing
LONDON (Reuters) – British engineering company Rolls-Royce said on Friday it would fund the purchase of German carmaker Daimler’s 50 percent stake of a jointly owned power systems company using cash and some borrowing.
Exclusive – Vodafone reaches preliminary deal to buy Spain’s Ono: sources
MADRID (Reuters) – British telecoms group Vodafone has reached a preliminary deal to buy Spanish cable group Ono after raising its initial bid for the company, two people with knowledge of the discussions said on Friday.
Rate rise around mid-2015 a reasonable assumption: Fed’s Dudley
NEW YORK (Reuters) – It is reasonable for investors to predict that the U.S. Federal Reserve will raise interest rates sometime around mid-2015, New York Fed President William Dudley said on Friday.
RLPC: Retail companies take advantage of hot U.S. loan market
NEW YORK (Reuters) – Red-hot institutional demand for U.S. leveraged loans has produced a string of aggressive deals for fashion retail companies, including an aggressive buyout financing backing private equity firm Sycamore Partners’ takeover of The J…
Stock funds worldwide attract $7.5 billion inflows: Bofa
NEW YORK (Reuters) – Investors worldwide poured $7.5 billion into stock funds in the week ended March 5 on reassuring signs the U.S. economy was on firm footing and reduced geopolitical tensions, data from a Bank of America Merrill Lynch Global Researc…
Stocks retreat on Ukraine jitters, oil higher
NEW YORK (Reuters) – U.S. equities and other risk assets pared gains on Friday as uncertainty over Ukraine tensions outweighed stronger-than-expected U.S. jobs growth, leading investors to pull money before the weekend.
Shell says Ho-Ho pipeline shut after leak in Texas
NEW YORK (Reuters) – Royal Dutch Shell on Friday said construction crew members punctured its Houston-to-Houma (Ho-Ho) pipeline near Port Neches, Texas, on Thursday afternoon, releasing 364 barrels of crude oil.
