Global Finance News

US Bank Lower Credit Rating could Increase Cost of Funding and Reduce Competitives in Capital Market

Largest U.S. banks including Morgan Stanley, Bank of America and Citigroup are facing what could be a historic shift to lower credit ratings which could increase their cost of funding and reduce competitiveness in their capital markets businesses. In the U.S. Morgan Stanley could see the largest cut after being warned of a possible three-level [...]

Stock Futures Companies in America, Europe and Asia Pasific

Stock futures of companies in America, Europe, Midle East, Africa and Asia Pasific table. Americas Index Future Future Date Last Net Change Open High Low Time DJIA INDEX Jun12 13,032.00 +31.00 13,005.00 13,038.00 12,940.00 03/23/2012 S&P 500 Jun12 1,394.10 +5.20 1,389.10 1,395.30 1,381.00 03/23/2012 NASDAQ 100 Jun12 2,728.75 -2.50 2,730.00 2,745.75 2,711.00 03/23/2012 S&P/TSX 60 [...]

BATS Global Market Exchange Withdraw Initial Public Offering

BATS Global Markets Exchange Inc take the extremely rare step of withdrawing its initial public offering of shares. Because problems Friday morning caused BATS shares briefly to trade for less than a penny, confusing investors and potentially threatening the future of the fledgling exchange itself. Prices plunged shortly after BATS shares began their first day [...]