US News

Listing has raised a total of approximately €62 million/$80 million. BioAmber Inc, a sustainable chemicals company, celebrated its first day of trading as a dual listed company on NYSE Euronext (NYX) markets in Europe and the United States this week by ringing the Opening Bell in Paris. Founded in 2008, BioAmber is a sustainable chemicals […]

Public Accounts Committee describe Google’s tax arguments “deeply unconvincing”. A group of senior Members of Parliament have criticised Google over their avoidance of UK corporation tax. The Public Accounts Committee’s report into Google’s tax avoidance argued that the company “relies on the deeply unconvincing argument that its sales to UK clients take...

If you are impressed with the performers on ‘Britain’s Got Talent,’ wait until you see the stars that Glencore Xstrata (LSE:GLEN) is bringing the to stage!  The Company’s share price, which has lagged since the merger, was up modestly this morning by 0.48% to 303.95, a 1.45 pence increase. As predicted back in April, many […]

Seeking expansion in the United States. LightInTheBox, a leading global online retailer based in Beijing, China, opened for trading on the New York Stock Exchange (NYSE) under the ticker symbol “LITB” after an initial public offering of its American depositary shares. Knight Capital Group is the Designated Market Maker (DMM) for the company’s American depositary […]

After all the recent fear and uncertainty that markets’ upcoming monthly ‘fixes’ might be reduced due to the dealer restricting supply on improved economic/labour market outlook, the major piece of data used to decide supply (NFP) came in at a level which was OK but neither good enough to intensify fears of restricted supply nor […]

Now that we all know that the European Central Bank and the Bank of England have made no changes to their economic policies that might significantly evoke dramatic investor and consumer responses, all eyes are fixed on the U.S. jobs report that is due to be published tomorrow. The tension and apprehension are so thick […]

Deal set to be completed during second half of 2013 NYSE Euronext has announced that its shareholders have approved the acquisition of the company by IntercontinentalExchange, a combination that joins two of the world’s leading operators of markets and exchanges to create the premier global exchange operator. The proposal, which required approval by a majority […]

Exchange set to begin delisting proceedings The New York Stock Exchange has announced that the staff of NYSE Regulation, Inc. (“NYSE Regulation”) has determined to commence proceedings to delist the Common Shares (the “Common Shares”) of Jaguar Mining Inc. (the “Company”) – ticker symbol JAG – from the NYSE. Trading in the Company’s Common Shares […]

Just to be certain, before putting fingers to keyboard for this story, I looked up the word “unstable” in the dictionary.  It defined “unstable” as “not stable.”  I may not be the sharpest knife in the drawer, but even my cat could have figured that out.  Digging a little deeper, I found the following definition […]

News from the Treasury As part of ongoing efforts to wind down and recover the remaining Capital Purchase Program (CPP) investments under the Troubled Asset Relief Program (TARP), the U.S. Department of the Treasury today announced that it intends to auction its warrant positions (the CPP Securities) in the following 16 institutions: Banner Corporation, Walla […]