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Tag Archives: global

Global stocks choppy after G-7 fails to deliver

Stock markets were choppy Monday after a meeting of the developed world’s central bankers and finance ministers failed to yield fresh ideas for spurring economic growth. KEEPING SCORE: In Europe, the main indexes pushed lower following early gains. France’s CAC-40 index was down 0.7 percent at 4,323 while Germany’s DAX fell 0.6 percent to 9,854. The FTSE 100 index of ...

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UPDATED — US stock indexes are edging lower in midday trading

Stock indexes are mostly lower in midday trading and several companies are moving on deals and other news. Virgin America jumped 40 percent Monday after agreeing to be acquired by Alaska Air. Alaska Air sank 5 percent. Edwards Lifesciences jumped 18 percent after the company’s new replacement heart valve met its goals in a clinical trial. The Dow Jones industrial ...

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Mortgage tech company goes global with Brazilian office

OXFORD — FNC Inc., a mortgage technology company, took its operations global this week, officially opening an office in Sao Paulo, Brazil. Last fall, Sao Paulo-based Cetip — Latin America’s largest depository of fixed income securities — selected FNC to deliver a comprehensive collateral management solution for the Brazilian mortgage industry. “We at Cetip are excited to be partnered with ...

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Federal officials investigating subsidized shrimp imports

GULF OF MEXICO — The U.S. Commerce Department says it is investigating subsidies in seven nations for frozen warmwater shrimp. Gulf of Mexico shrimp processors had asked for the investigation of subsidized imports from China, Ecuador, India, Indonesia, Malaysia, Thailand and Vietnam. “We continue to believe that the long-term survival of the entire Gulf shrimp community is at stake with ...

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