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Market News

Location American Market News for 8 November 2014

Financiers seek £250m to establish new lender

Telegraph - 8 Nov 2014 22:06
Financiers seek £250m to establish new lender John van Kueffler, the former chairman of Provident Financial, is raising £250m to float a new alternative consumer credit company on the London Stock Exchange.
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Rosberg takes pole in Brazil

CNN - 8 Nov 2014 22:55
Rosberg takes pole in Brazil Mercedes driver Nico Rosberg will start the Brazilian Grand Prix in pole position after a breathtaking final qualifying session at Interlagos.
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Icap CEO Michael Spencer in talks to fund sub-prime lender's IPO John van Kueffler, the former chairman of Provident Financial, is raising £250m to float a new alternative consumer credit company on the London Stock Exchange.
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Gold regains glitter on low-level buying, global cues Gold of 99.9 and 99.5% purity zoomed by Rs650 each to Rs26,450 and Rs26,250 per 10 grams, respectively
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Alibaba-backed Momo files for US IPO of Chinese chat service Momo, which began 3 years ago, generated $13.9 mn in revenue during the first 6 months of 2014, compared with $3.1 mn in all of 2013
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Kingfisher Airlines faces trading suspension from 1 December The firm has failed to comply with rules on reporting financial results for two consecutive quarters to end-June
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(Reuters) - China's exports rose an above-forecast 11.6 percent in October from a year earlier, while imports rose 4.6 percent, leaving the country with a trade surplus of $45.4 billion for the month, the General Adminis...
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(Reuters) - Wall Street's biggest banks remain convinced the Federal Reserve will raise interest rates by June 2015, a Reuters poll found, and economists also said the market was underestimating how aggressively the U.S....
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If you're an avid sports fan who is thinking about cutting the cable cord, don't expect Bob Iger to throw you a lifeline. The chief executive of the Walt Disney Company, the corporate parent of ESPN, offered a staunch de...
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The Week Ahead: Three Reasons Not to Jump into Stocks Now The stock market's powerful rally from the October lows has definitely impressed most professional analysts and the financial media. Some commentators that were recommending the short side of the market in October, are n...
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Buffett's Berkshire Beats Street's Earnings Expectations Warren Buffett's Berkshire Hathaway reported better than anticipated third quarter earnings after the closing bell Friday.
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AT&T To Pay Billionaire Ricardo Salinas $2.5B For Mexican Wireless Provider Iusacell Mexican billionaire Ricardo Salinas Pliego sold Mexican wireless firm Grupo Iusacell to AT&T for $2.5 billion.
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