Toshiba puts privat org to check for financial issues

Toshiba Corp announced today that it appointed an independent commission to investigate the accounting irregularities that led to the reporting of operating profit, higher than the real by about 420 million. Dollars in recent years. The industrial conglomerate surprised investors last week, said the investigation continues concerning incorrectly recorded costs of infrastructure projects, which will…

The gold is silent

The publication of the minutes of the last meeting of the US central bank in April could reduce the chances of interest rate hike in June, say analysts. Disclosure of the report is scheduled for 21:00. Today. Only a month earlier, the meeting of the FED in March, some politicians supported the increase in the…

Fitbit goes for IPO

American manufacturer of fitness equipment to wear, designed to monitor health indicators, Fitbit Inc., filed for an initial public offering (IPO) last Thursday. The company’s sales and cash flow January stand out from other technology companies that have gone public in the past few years, say analysts. Founded in 2007, Fitbit has enjoyed growth in…

Barclays on the run

Barclays Plc is likely to be fined for violating the three-year agreement to speculate on the interbank interest rate Libor. The fine will be in addition to the penalty, which the Ministry of Justice of the United States should announce within the next few days after the investigation against five banks, including Barclays, for manipulating…

Sopharama sales Extab

The Board of Directors of Sopharma authorize the Executive Director of the pharmaceutical company to negotiate the sale of the shareholding in the subsidiary Extab Corporation. It is registered in Delaware, USA, as Sopharma AD owns 80% stake in it. Extab Corporation holds the license for Tabex active ingredient cytisine, which is used for smoking…

Is this the end of stable Еurope?

At the beginning of the debt crisis in the euro area a number of economists, political scientists and experts takes the floor on several occasions. They shared great ideas on how to prevent disasters like the one in Greece. For example, it is offering a clear legal framework for regulated sovereign defaults or the introduction…

US dollar in rise because of Greece

18:00 After strong growth of stock indices in the US late last week, which was the largest of two months ago, today investors consolidate positions in the absence of strong fundamental news. Among the losers are leading companies such as Apple and GE, whose shares dropped after Friday’s rally, with respectively 1.07% and 0.95%. Sales…

German debt – financial news

A wave of turmoil spreads in sovereign bond markets, threatening to affect the shares. The yield on German debt with 10 years maturity jumped by almost 20 basis points on Thursday. The market is confused by the effect of quantitative easing in the eurozone, and the waves of uncertainty reach Japan, Australia, Brazil and even…

US Stocks Jump rapidly

Jump in US stocks after a relatively good data on the labor market. The US economy created 223 thousand. New jobs in April, significantly revised downward over 85 thousand. In March. However, expectations were for growth of employment by 230 thousand. The unemployment rate expected to decrease to 5.4% from 5.5% in March, reaching its…

US Dollar is back on the tribune

In conditions of weak domestic demand in many advanced economies and emerging markets, politicians are tempted to stimulate economic growth and employment by turning to exports. This requires a weaker currency – conventional and unconventional monetary policies that lead to the necessary devaluation. Since the beginning of the year, more than 20 central banks around…