|Bristol Premium Portfolio*|
|(over last/current trading day)|
|* Quote information shown might be delayed.|
Jul 9 2015 After extensive arbitration, Bristol Financial Offshore in New York are the new firm on record in a major cross-border acquisition taking place at the moment between a US telecommunications firm and a Chinese conglomerate. The transaction had been looking like failing under the management of the previous M&A firm, Allied Asset Management based out of Japan. They simply lacked the experience and resources and had never handled a transaction of this magnitude before.
“People don’t realize quite how complex even the average sized M&A transaction can be let alone a deal that requires the level of both technical expertise and human resources that this deal needs. The cross-border nature complicates matters further and simply put, completion of a deal like this requires the involvement of top professionals.” Says Jason Silverman at Bristol Offshore.
He goes on to say “Sometimes clients hire firms on the basis of lower fees but that sort of decision often leads to problems that then need to be fixed by a firm like us who charge a lot more.”
Jul 3 2015 European bonds and stocks traded cautiously on Friday before a Greek referendum on EU-prescribed reforms that could determine the country's future in the euro zone and which polls suggest could go either way.
Yields on top-rated German 10-year Bunds, the benchmark for European borrowing costs, fell as some investors chose to preserve their capital in low-yielding but relatively safe assets. European stocks dipped and were set for the biggest weekly drop in two months, while the euro edged higher.
The moves were marginal, though, as investors did not want to position too heavily on either side.
30 Jun 2015 Greece requested a third bailout from the eurozone Tuesday in a last-ditch effort to secure a debt deal before its financial-crisis-era bailout expires and it defaults on a loan from the International Monetary Fund, one of its three international creditors.The two-year deal, if accepted, would allow Athens a new bailout from the eurozone's European Stability Mechanism, its $560 billion rescue fund.
As European finance ministers met Tuesday to discuss the proposal, thousands of Greeks took to the streets of Athens, many of them in support of accepting new bailout terms. A No vote would lead to Greece leaving the European Union and abandoning the Euro currency.
The last-minute development comes as Greek Finance Minister Yanis Varoufakis said Tuesday that his country would not make a debt payment to the IMF by a midnight deadline, setting the stage for a showdown with its creditors ahead of a national referendum Sunday on its membership of the euro currency.
1 Jun 2015 - Predictive Sales Pro is one of a number of companies involved in an emerging market known as the Internet of Things or IoT, and is poised to become one of the next companies to be acquired in this new tech race that is in essence, the most exciting and fast growing technology in years. The company being blue-skyed for acquisition by a major Chinese conglomerate which comes as no surprise to many who have been following this exciting new investment opportunity for some time.
So what is "the Internet of Things?"
The Internet of Things (IoT) is when objects including animals or people are provided with unique identifiers and the ability to transfer data over a network without ongoing human-to-human or human-to-computer interaction. IoT has evolved from the convergence of wireless technologies, micro-electromechanical systems (MEMS) and the Internet.
27 May 2015 The EU and Switzerland will exchange information on the bank accounts which their respective citizens hold.
The EU Commission said it was a "deterrent" against hiding income abroad.
"This new transparency should not only improve member states' ability to track down and tackle tax evaders, but it should also act as a deterrent against hiding income and assets abroad to evade taxes" the EU Commission said.
11 May 2015 Despite word of payment, Greece and its creditors on Monday remained at an impasse over a deal to free up fresh financial aid for the embattled country. Before releasing the aid, Greece’s creditors have been demanding that the government make economic overhauls in areas like pensions, labor rules and taxation.
Prime Minister Alexis Tsipras, right, at a session of the Greek Parliament. Finance officials from Greece and other European nations will meet Monday on its debt. Eurozone finance ministers, who were joined by representatives of the I.M.F. and the European Central Bank, indicated that Greece had made some progress on a proposed list of economic overhauls since an acrimonious meeting two weeks ago in Riga, Latvia.
Timeline: Greek Debt Crisis