The Bank of America-owned unit's internal controls in place failed to prevent erroneous orders from being sent to the markets as were set at levels so high that it rendered them ineffective. For example, the firm set a 5 million-per-order limit for one stock whose average trading volume was only 79,000 shares a day, the SEC said. "Despite multiple red flags, Merrill Lynch failed to evaluate adequately whether its controls were reasonably designed and failed to fix the problems quickly", ...
FTSE 250 listed Thomas Cook reported a rise in bookings this summer across some destinations apart from Turkey, while demand for the winter is line with the previous year. Fankhauser said: "The summer season has progressed largely as expected". Unveiling a full-year trading update, Peter Fankhauser, the Thomas Cook chief executive, said: "Customers' desire to go overseas on holiday has remained strong with the exception of Turkey, where demand continues to be volatile".
Stockholders of record on Friday, November 11th will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 3.50%. The business earned $13.10 billion during the quarter, compared to analyst estimates of $13.01 billion. As per the latest update, the firm's EPS came at $0.64 for the period ended 2016-06-30.
The bank on Monday said it did not seek help and did not need a capital increase, according to media reports. Shares of Deutsche Bank have lost more than 53% over the past year, and are now trading about $11.86 per share, a new low for the bank.
Asked by Assistant U.S. Attorney Lee Cortes why he believed Kelly wanted the lanes closed, Wildstein said: "Miss Kelly told me that Mayor Sokolich was not endorsing Governor Christie". Schuber's attorney, Salvatore Alfano, said Schuber "categorically denies that he had any conversation with Wildstein about the lane closures". Wildstein also spoke to the agency's chief engineer and bridge manager about implementing the lane changes on September 9, 2013, and conducting a study to determine ...
Clinton was thoroughly prepared, not only with detailed answers about her own policy proposals, but also sharp criticism of Trump's business record, his past statements about women, and his false assertions that President Barack Obama may not have been born in the United States.
Support for Putin's party, nationally has fallen in the past 18 months, from 60 percent to the mid-40 percent range and to about 27 percent in the Moscow area, Russia's Public Opinion Foundation reported . "Yet again, the president received such an impressive vote of confidence from the people", Kremlin spokesman Dmitry Peskov told a conference call with reporters.
While giving a speech at the Seed of Hope dinner in Sacramento, Mayor Kevin Johnson was attacked on stage. Johnson played for the Suns for 12 seasons after being acquired in a trade with the Cleveland Cavaliers in 1987. In a booking photo released by the Sacramento Police Department, Thompson appeared to have two sets of stitches around his left eye. Bjork says the mayor looked shocked and swung at the man multiple times, but she didn't see him land any punches.
He spoke out as a tanker carrying 27,500 m3 of ethane from United States shale fields sailed down to the Forth, headed for Grangemouth in central Scotland, where Ineos has a giant refinery. "Setting aside the devastating local impacts of fracking, the climate consequences of extracting yet more fossil fuels are utterly disastrous". Ineos Chairman Jim Ratcliffe, one of Britain's richest men, argues that as the North Sea is unable to keep supplying the base ingredients to make chemicals at the ...
A memorial service for seven-time major victor Arnold Palmer will be held next week at Saint Vincent College in his native Latrobe, Pennsylvania. Palmer was more than a golfer. The Ryder Cup was but a small part of Palmer's contributions to golf and sport. "He was an icon", Nicklaus said. He also gave his name to a professional tournament - The Arnold Palmer Invitational, held each March at his private golf resort in Bay Hill, Florida.
Luckily, Los Angeles wasted little time finding the end zone after Case Keenum threw a sharp 44-yard touchdown pass to Brian Quick on the opening drive of the game. This game could be a referendum on the Rams' offensive line . Here you can get your all sporting event easily. The Rams are just 15-36-1 against the spread in their last 52 games played in the month of September despite beating the Seahawks as a 6-point home underdog last Sunday.
Rahami, wanted for questioning in connection with bombings in NY and Seaside Park, New Jersey , is also believed to be connected to the pipe bombs found in a backpack on Sunday night in Elizabeth, New Jersey , sources said. New York Mayor Bill de Blasio said Sunday that people will see "a very substantial NYPD presence this week - bigger than ever". Was it a political motivation? "We need to get this guy in right away", de Blasio said on CNN .
Released by Holyrood magazine ahead of the Conservative Party conference in Birmingham, Mrs May's said that she believed the Nationalists must take partial responsibility for the Brexit vote. She said: "Tax revenues from the North Sea collapsed, but funding for Scottish public services remained unscathed". "There is only one party north of the border which truly understands that and is committed to preserving it: the Scottish Conservative and Unionist Party".
Sales growth past 5 years was measured at -9.30%. While looking at the Stock's Performance, Advanced Micro Devices, Inc. now shows a Weekly Performance of 8.26%, where Monthly Performance is -11.84%, Quarterly performance is 34.22%, 6 Months performance is 135.61% and yearly performance percentage is 280.81%.
As Coppins wrote , "G.O.P. sources close to the campaign suggest her "Trump-whisperer" status is more made-for-TV myth than reality" and that it is Ailes who is the only one Trump listens to. It ended up here: "I have a tremendous income", he said, "and the reason I say that is not in a braggadocious way, it's because it's about time that this country had somebody running it that has an idea about money".
Trump said during this exchange he was prepared to release something very ugly about Hillary and Bill Clinton and their family, but decided not to do it because it was too ugly even for him. Monday's debate was perhaps the most important date on the campaign calendar other than election day itself. He made his point, feeding into the conspiracy theories swirling about Clinton's health, as well as feeding into sexist questions about whether a woman is tough enough for the job.
The Treasury Department accused the firm, Dandong Hongxiang, and a host of officials of making up a "key illicit network supporting North Korea's weapons proliferation". Chinese officials previously said they were also investigating the firm in Dandong city, which lies in the Liaoning province near the North Korean border.
An investigation is ongoing into the suspect who opened fire on drivers near West University Monday morning. "He got out of his vehicle, we hugged, we cried", Molleda said, adding that after she saw everything, she believes DeSai was "aiming to kill".
On Monday, Beck, who supported Cruz's candidacy during this year's Republican primary and who is among Trump's staunchest conservative critics, noted to Cruz that he didn't say after endorsing Trump that he believed the businessman was fit to be president.
The Asian Development Bank (ADB) expects Azerbaijani economy to grow in 2017 by 1 percent, according to an updated ADB report. Indonesia's economy grew by 5.04 percent in the first six months of this year, up from 4.7 percent in the corresponding period in 2015.
Federal Reserve chair Janet L. Yellen said Wednesday that the US central bank's decision to again leave key interest rates unchanged is rooted in economic performance and the near term outlook - not politics, as has been claimed by Republican presidential candidate Donald Trump.
Gold prices edged lower on Monday as the dollar firmed, though the market is focused on the outcome of the US presidential debate later on Monday that could see investors buying more of the metal as a hedge against financial uncertainty. That environment and the Fed's support of a take-it-slow approach to raising benchmark US interest rates have combined to weaken the dollar and lift commodities priced in the currency, like precious metals.
In a statement following a two-day policy meeting, the U.S. central bank signalled it could tighten monetary policy by year-end as the labour market improved further, but Fed policymakers cut the number of rate increases they expect this year to one from two.
In the next sentence Trump changed his mind: "Yeah, for 30 years". Probably not. The nation is too polarized. Afterwards, Clinton campaign officials afterwards couldn't believe what they were hearing. Clinton pushed the Republican on his repeated claim that President Obama was born overseas and asked him why he had changed his mind. Nice thought, but no specifics, even after Holt asked for them.
Saudi Arabia expects a meeting of key producers to be a chance to consult rather than take a decision on output levels, an OPEC delegate familiar with the nation' s oil policies said on Friday, according to local media. Riyadh is ready to cut output to lower levels seen early this year in exchange for Iran freezing production at the current level, which is 3.6 million barrels per day, the sources said.
Harry Reid, the Democratic senator from Nevada who in 2012 claimed (falsely, it turned out) that Mitt Romney paid no income taxes, has speculated that Trump is not as wealthy as he claims and is a "welfare king". The Republican tried to say Clinton's campaign promoted the idea in 2008, which many sources have refuted. "We're talking about racial healing in this segment", moderator Lester Holt reminded Trump, who responded that he "says nothing" to those who were offended by his birther ...
On the first trip back to the 18th, McIlroy rifled his second shot from the fairway to the par-5's green, his ball hopping to just five feet from the flag. McIlroy's strong end to the season on the PGA Tour comes less than two months after he labelled his putting "pathetic" at the US PGA Championship. Moore had been brilliant in keeping the playoff alive, holing lengthy putts to keep himself in the mix including one from 15 feet at the final playoff hole for par before McIlroy sealed the ...
Banks were also hurt by falling bond yields, which mean lower interest rates and smaller profits on lending. Consumer companies, meanwhile, fell as home improvement retailers were affected by a slowdown in sales of new homes. That followed a big jump the month before. Home Depot shed 2.34 dollars (£1.80), or 1.8%, to 125.45 dollars (£96.70) and Lowe's fell 1.54 dollars (£1.18), or 2.1%, to 70.81 dollars (£54.58).
Ofo, on the other hand, has been going the same way since 2014, except it was only for bicycles. According to a report from TechCrunch , the Chinese company recently announced that they would be investing tens of millions of dollars into a startup company called Ofo that lets people borrow bikes.
Shen Shishun, a senior researcher at the China Institute of International Studies under China's Foreign Ministry, claimed that Duterte's decision to end joint patrols in the South China Sea is a way to improve the country's ties with China.
This was the 20th USA presidential debate and was organised by the Commission on Presidential Debates, a non-governmental organisation. But the historic forum at times took on a brawling tone, as the candidates jumped in and sought to score points in the early going.
Yellen announced that the Federal Reserve has chose to leave the interest rate unchanged for now. Inflation has remained below that level for more than three years. Fed Chair Janet Yellen was among the seven who voted to wait. "The solid coalition is still going to be there with Yellen, (William) Dudley, (Stanley) Fischer and a handful of others".
The timeframe is the clearest yet given in public by a member of Prime Minister Theresa May's government, which previously limited itself to saying Britain wouldn't invoke Article 50 of the Lisbon Treaty this year. Despite the vote to leave the EU, CEOs are still confident in the economy and their own abilities - 69% said the UK's economy would grow in the next year and 73% said their own companies would also grow.
Attorney General Loretta Lynch announced the grant at the opening of a Justice Department summit in Little Rock focused on reducing violent crime. The city of Cincinnati received a notification Monday that it has been selected for a $600,000 grant to help fund phase II of the city's body-worn camera program.
Patti Solis Doyle, who served for a time as Clinton's campaign manager, was repeatedly invoked by Trump. Patch wants to know: who won the debate? "That's called business, by the way." She noted that the few years of returns he had released showed that despite his wealth, he paid no federal income tax.