Wed Apr 15, 2015/Reuters U.S. stocks rose on Wednesday led by gains in the energy sector as crude prices jumped and as earnings from major companies beat lowered expectations. All 10 major S&P 500 sectors posted gains with the energy index .SPNY up 1.7 percent. U.S. crude CLc1 jumped more […]
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Exclusive: Ernst & Young nears $10 million settlement with N.Y. over Lehman accounting – sources
Wed Apr 15, 2015/Reuters Ernst & Young LLP [ERNY.UL] is near settling a high-profile lawsuit filed by New York state that accused the accounting firm of helping Lehman Brothers Holdings Inc [LEHMB.UL] deceive investors in the years leading up to its 2008 collapse, people familiar with the matter told Reuters. […]
Nigeria States Seen by FBN Selling Bonds as Oil Income Falls
April 14, 2015/Bloomberg FBN Holdings Plc, owner of First Bank Nigeria, said it expects to benefit from a surge in sales of bonds by state governments to replace dwindling oil revenue and after peaceful elections bolstered investor confidence. “We expect a lot of the state governments to go to the […]
