The Securities Exchange Board of India has been given legal permission to regulate any scheme involving the pooling of funds, similar to Ponzi schemes. The SEC India has been given search and seizure powers which will allow agents to seek any information in relation to suspect securities transactions. It will also be able to seize call data records and will be able to retain assets in ...
The Conjuring tops box office weekend chart with $41.5m
Warner Bros' horror movie 'The Conjuring' opened up at first place at US weekend box office with earnings amounting to 41.5-million-dollars, according to studio estimates. The Vera Farmiga, Lili Taylor, Patrick Wilson and Ron Livingston starrer displaced three-week box-office champ, 'Despicable Me 2,' which dropped to second place with 25-million-dollar-earning, the Sydney Morning Herald ...
Roller coaster builder to inspect Six Flags ride where woman fell to her death in Texas
ARLINGTON, Texas -- A German roller coaster maker is sending officials to a North Texas amusement park to inspect a ride after a woman fell to her death. Tobias Lindnar, a project manager for Gerstlauer Amusement Rides in Munsterhausen, Germany, told The Dallas Morning News that the company will investigate what led to Friday's fatal accident at Six Flags Over Texas in Arlington. ...
QA How women succeed at business
Wendy Urushima-Conn, President and CEO of the Asian Business Association, won one of California's 20 Most Powerful and Influential Women ...
Redev redux for cities counties
Statewide, the residual redevelopment funds totaled just under $4 billion from June 2011 through July 17. After deducting nearly $2.2 billion to schools and community colleges that the state previously backfilled, the balance went to: Counties: $851.8 million Cities: $596.8 million Special districts: $294.8 ...
Interactive map Housing trends in SD
The first half of 2013's housing market was marked by gains in both prices and sales, not surprising with ongoing supply-and-demand issues and lower-than-normal mortgage rates. Total home transactions in San Diego County rose almost 12 percent when comparing the first six months of this year to last year's, according to figures from real estate tracker DataQuick. With median home ...
Utility seeks power at Camp Pendleton
San Diego Gas & Electric has initiated discussions with the U.S. Navy at Camp Pendleton about a possible new power generation facility on a portion of the sprawling coastal training grounds for U.S. ...
Carmike 2Q profit up adjusted earnings miss
COLUMBUS, Ga. -- Movie theater operator Carmike Cinemas Inc.'s second-quarter net income rose more than fivefold as attendance climbed and people paid more per movie ticket and snapped up concessions.Adjusted earnings fell short of Wall Street's view, however, while revenue topped expectations. Shares declined in premarket trading on Monday.Carmike earned $6.7 million, or 37 cents per ...
Earnings Watch Updates advisories and surprises
0.00% reported its second-quarter profit fell 5.2% to $113.6 million, or 48 cents a share, from $119.9 million, or 51 cents a share, a year earlier. Adjusted second-quarter earnings were 58 cents share. Revenue fell 0.3% to $1.303 billion, from $1.307 billion a year earlier, the publishing company said Monday. Analysts had expected earnings of 58 cents a share on revenue of $1.328 billion, ...
Archbishop of Canterbury warns of lynch mob out to blame bankers
Justin Welby , has described blaming individuals for the banking crisis as "lynch mobbish". But the archbishop, a member of the parliamentary commission on banking standards, also said top bankers had avoided responsibility by ensuring they did not know what was going on in their banks."Certainly one of the trends that has been very unfortunate, to put it mildly, is that in some ...
Mutuals are misunderstood research shows
There has been a marked growth in public service mutuals over the past five years as increasing numbers of employee-owned organisations have spun out from their parent organisations. Today, there are 71 public service mutuals in operation and there are many more in the process of launching. With combined revenues of 1.2bn and operating across most regions and sectors they are increasingly ...
You Wish Your Brands Reputation Was As Bad as Wall Streets
Wall Street 's reputation is all but doomed to stay "in the doghouse." Clearly, reputation is valuable and its loss is very expensive, and the conventional marketing story paints a bleak picture implying widespread value destruction. Yet the country's six largest banks reported $23 billion in profits in 2Q13, up 40% over a year earlier. The largest investment banks paid a ...
Trading firm accused of spoofing
A U.S. energy trading firm is being charged by federal regulators Monday with manipulating markets through "spoofing," an increasingly frequent scheme in which false bids are submitted and then pulled back, ...
Stock futures pare gains to trade flat after McDonalds earnings
NEW YORK (Reuters) - Stock index futures pared gains to trade flat on Monday, pressured by a decline in McDonald's shares after its results and as investors booked profits after the S&P 500 index hit yet another closing high on ...
McDonalds quarterly profit rises 4 percent
Global sales at restaurants open at least 12 months rose 1 percent. Analysts on average had also expected a rise of 1 percent, according to Consensus ...
Wall Street Takes Simple Law Makes It The Equivalent Of 28 Russian Novels
Davis Polk law firm. And the reform bill is only 39 percent complete! Yet it already contains 13,789 pages of rules and regulations (distinct from the original 848-page bill signed by President Obama on July 21, ...
McDonalds Miss Weighs on Futures
FOX Business: Capitalism Lives Here U.S. stock-index futures drifted lower on Monday as traders parsed through a steady stream of earnings reports and awaited data on the housing market. Today's Markets? As of 8:13 a.m. ET, Dow Jones Industrial Average futures fell 18 points to 15488, S&P 500 futures dipped 0.5 point to 1689 and Nasdaq 100 futures rose 2 points to 3043. The ...
Carmike Cinemas Second-Quarter Earnings Rise Miss Expectations
Movie theater group Carmike Cinemas on Monday reported stronger second-quarter financials and announced a stock offering that will raise money for possible further ...
The News vs. The Newsroom Did the Show Get Occupy Wall Street Right
The Newsroom takes place roughly two years in the past, where the ACN News Night team strives to virtuously and judiciously report the news as it happens. By reenacting headline-making happenings, Aaron Sorkin's HBO series comments both on those happenings and the way they were handled by journalists. So it's worth asking: How do The Newsroom's version of events fit in with the ...
7.22.13 Trains planes and earnings reports
North American close TSX 12,685.13+56.28 +0.45% Dow Jones 15,543.74-4.80 -0.03% S&P 500 1,692.09+2.72 +0.16% Nasdaq 3,587.62-23.66 -0.66% Trains, planes, but not much in the way of automobiles, unless you ...
Keystone XL risk worries U.S. oil sands investors
U.S. investors cut stakes in oil- sands stocks, including Suncor Energy Inc. and Cenovus Energy Inc., as delays to the Keystone XL project and the lack of pipeline capacity depressed Canadian crude prices. U.S. ownership of Calgary-based Suncor, Canada's largest energy company, fell 8.2 percentage points in the past three years while Cenovus saw its U.S. shareholder base fall 5.9 ...
Canadian property insurer Intact Financial to take hit from recent floods deadly train derailment
TORONTO -- Intact Financial Corp. will record about $270 million in expenses over two quarters as a result of several recent catastrophes including floods in Alberta and Toronto and the deadly Lac-Megantic train derailment in Quebec. The Toronto-based company, one of Canada's largest property and casualty insurers, estimates it will record about $123 million or 92 cents per share in ...
Source: http://www.beijingnews.net/index.php/sid/215981492/scat/3a8a80d6f705f8cc
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