WASHINGTON, June 5 (Reuters) – Computer Sciences Corp agreed to pay $190 million to settle civil accounting fraud charges alleging the company manipulated its financial results to hide problems with one of its high-profile contracts, U.S. regulators announced on Friday.
NEW YORK, June 5 (IFR) – An M&A boom usually spells trouble for bondholders, as it typically means soaring debt to finance the acquisitions, but analysts say the current takeover frenzy is no cause for alarm.
159,889 Wall Streeters are crowding auditoriums and classrooms to take a grueling 6-hour test. If they pass it could change their lives — but half will fail
Thousands of Wall Streeters will crowd gymnasiums and auditoriums around the world to write a grueling 6-hour exam on Saturday. Their odds of passing are less than 50%. All three levels of the Chartered Financial Analyst exam are administered twice a year in 174 countries around the world. This Saturday, 159,889 people are registered to take the test…
The money made in the big China's two big stock markets this year could buy all of the property in London — twice
“The combined wealth created this year by the Shanghai and Shenzen markets could purchase all the property in London twice.” That insane and amazing comparison came from UBS Wealth Management’s James Purcell on Friday. Try to grasp the scale of that. London, with a population of more than 8 million, and one of the most expensive cities in the world in terms of property, could be bought out by just the *gains* made in the first five months of 2015…
LONDON, June 5 (Reuters) – It isn’t supposed to be like this. Holders of German government bonds, among the world’s safest financial assets, have seen their investments plunge in value this week as ECB President Mario Draghi added fuel to the recent explosion of volatility.
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