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Stock Market & Financial Investment News

News For V;MA;AXP;ACN;XRX;PAY;DFS;VNTV;IFX;WMT;BAC;WFC;TI From The Last 14 Days
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July 21, 2014
06:42 EDTWMTWal-Mart adds over $102M to Indian wholesale unit, Reuters says
Wal-Mart added fresh funds worth $102.9M into its Indian wholesale division last month, according to Reuters, citing a filing made by its Indian business to the Registrar of Companies. The filing detailed that the funds were allotted as share application money. Reference Link
July 18, 2014
18:12 EDTV, MAVisa, MasterCard denied bid to dismiss opt-out swipe fee suits, Bloomberg says
Merchants that opted out of the swipe-fee settlement brought their own suits, which Visa (V) and MasterCard (MA) were not approved to dismiss, Bloomberg reports. Merchants such as Target (TGT) and Macy’s (M) pursued their cases after dropping out of an earlier settlement over swipe fees, Bloomberg added. Reference Link
16:47 EDTBACMarket ends week higher as earnings, M&A offset geopolitical tensions
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14:25 EDTV, MAVisa, MasterCard denied bid to dismiss opt-out swipe fee suits, Bloomberg says
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07:10 EDTTITelefonica smaller Telecom Italia share could cut Brazil worries, Reuters says
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06:45 EDTBACDocument reveals SEC examining firms in HFT probe, Reuters says
An internal document from the U.S. Securities and Exchange Commission revealed that the regulator has been looking for data on 10 registered broker dealers as part of an ongoing probe into high-frequency trading strategies, according to Reuters, citing the document. The firms in question include Allston Trading, Hudson River Trading, Jump Trading, Latour Trading, which is an affiliate of Tower Trading, Merrill Lynch, Pierce, Fenner & Smith, owned by Bank of America (BAC), Octeg, which has been merged into a unit of KCG (KCG), Tradebot Systems, Two Sigma Investments, Two Sigma Securities and Virtu Financial. Reference Link
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