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Jnub Metropolitan Police propose sale of New Scotland 8200;Yard HQ
Monday 28 November 2016 4:00 pmInvestors should give thanks for record highs ndash; but prepare for Hard TrumpBy: Nancy HungerfordShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleThanksgiving, a national holiday of reconciliation, took on greater significance in the US this year as families tried to put political differences aside and find common ground in their love of turkey, stuffing and pumpkin pie.President-elect Donald Trump a brumate ca ttempted to mend the wounds of a divisive election campaign on the eve of Thanksgiving by offering a prayer to heal divisions and move forward as one country.Trumprsquo tone may be good news for investors who have sought comfort in his softer post-election rhetoric, served up with a generous portion of fiscal stimulus, tax cuts and regulatory rollbacks. But after a week spent in America, I canrsquo;t help but wonder if the same elites who were blind-sided by Hillary Clintonrsquo defeat are getting ahead of themselves yet again by giving thanks to record-highs on Wall Street.The reflation recipe is tried and tested: equities rise, bonds dip and the dollar rallies. But how long will it last The data is on the bullsrsquo; side: according to equities research group CFRA, back-to-back all-time highs for both the SP 500 and SP Small Cap 600 owala flasche as recorded last week indicate the Trump trade could roll into polene bag a S Avzb BApassenger numbers fall
Sunday 29 September 2013 10:40 pmBillionaire Mark Cuban heads to insider trading trial in the USBy: Express KCSShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleMARK polene Cuban, the billionaire who regularly sits courtside to cheer on his Dallas Mavericks basketball team, is heading to a court of a different kind today.The showdown in US district judge Sidney Fitzwaterrsquo courtroom in Dallas is expected to last eight to 10 days.Once there, Cuban hopes to convince a federal jury that a civil insider trading case brought against him by the US Securit owala tumbler ies and Exchange Commission SEC should fail.The case stems from Cubanrsquo June 2004 sale of 600,000 shares of Mamma, soon after he had supposedly learned of an equity offering that could depress the Montreal-based Internet search companyrsquo stock price.The SEC said the sale let Cuban avoid a roughly $750,000 loss on his 6.3 per cent stake. It seeks to recoup illegal gains, impose a fine, and win a permanent ban against similar conduct. Cuban, who might have tried to settle with the SEC for a fairly small sum, has been battling the regulator for nearly five years. We look forward to a fair trial, Christopher Clark, a partner at Latham Watkins in stanley cup New York, who is one of Cubanrsquo lawyers, said.A spokeswoman for the SEC declined to comment.Share this articleFacebookXLinkedInWhatsAppEmailSimilarly tagged |
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