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Jim Wes News By Quinta Quivilla
The world financial crisis causes us to pause and reconsider many of the things we quietly accepted over the past years. The news here is intended to help us as we seek to stabilize our governments, our businesses and our personal financial lives.
Jim Wes News February 12, 2016 members login here
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>>   Accounting
Deloitte to Sponsor U.S. Para-Equestrian Dressage Team and National Championships 
Reuters - 1/6/2016
PR Newswire LEXINGTON, Ky., Jan. 6, 2016 LEXINGTON, Ky. , Jan. 6, 2016 /PRNewswire/ -- The United States Equestrian Federation (USEF) is pleased to announce that Deloitte is now the presenting     Add Comment

Accounting Rule That Made Weak Banks Look Healthier Ended 
Bloomberg - 1/6/2016
An accounting rule that propped up bank earnings when times were tough and hurt profit when markets improved was eliminated by the U.S. body that sets bookkeeping standards. The debt-valuation adjustment,     Add Comment

Accounting Rule That Made Weaker Banks Look Healthier Eliminated 
Bloomberg - 1/6/2016
An accounting rule that propped up bank earnings when times were tough and hurt profit when markets improved was eliminated by the U.S. body that sets bookkeeping standards. The debt valuation adjustment,     Add Comment

Deadline nears for H&R Block Budget Challenge teacher signup 
USA Today - 1/6/2016
This story is provided and presented by our sponsor This school year, H&R Block will award $3 million in classroom grants and scholarships throughout the competition, including a $100,000 grand prize     Add Comment

McKinsey & Company and KPMG on the value of Consultancy via BBC 
BBC - 1/6/2016
Media caption Those at the top say that you can learn a lot from external advisers, as long as you use them in the right way. A consultant is someone who borrows your watch to tell you the time, and
What does a management consultant do anyway? BBC
Watch thief? BBC
all 2 news articles >>    Add Comment

MANDARAKE announces temporary corporate auditor 
Reuters - 1/6/2016
MANDARAKE INC:Appoints former corporate auditor Tokyo-based auditing firm as temporary corporate auditor.    Add Comment

PT Global Teleshop Tbk appoints new auditor 
Reuters - 1/6/2016
PT Global Teleshop Tbk:Says it has appointed Kantor Akuntan Publik Kosasih, Nurdiyaman, Mulyadi, Tjahjo & Rekan as its new auditor, replacing Kantor Akuntan Publik Purwantono, Suherman & Surja.
PT Trikomsel Oke Tbk appoints new auditor Reuters UK
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Pinetree Capital Announces Change of Auditor 
Reuters - 1/5/2016
TORONTO, ONTARIO--(Marketwired - Jan 5, 2016) - Pinetree Capital Ltd. (TSX:PNP) announces that it has changed its auditor from Ernst & Young LLP (the " Former Auditor ") to MNP LLP (the " Successor Auditor
PINETREE CAPITAL : Announces Change of Auditor 4 Traders
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Emerald Card - H&R Block 
ZDNet - 1/5/2016
Introducing a real-time and convenient way to manage your money right from the palm of your hand. You can: Check your card balance Check to Card (Load check funds to your card) See your transaction history     Add Comment

H&R Block Tax Preparation 
ZDNet - 1/5/2016
H&R Block helps you quickly prepare your taxes anytime, anywhere. You can start on your iPhone, easily switch between your iPad or desktop as you go, and securely e-file from any device. Well guide you     Add Comment

Emerald Card HD - H&R Block 
ZDNet - 1/5/2016
Check your card balance See your transaction history Find ATM, Reload and Tax Office locations Get your direct deposit account information View weekly cash rewards offers Make a payment to your Emerald     Add Comment

Accountants voice concern over EU guidelines for bank auditors 
Reuters - 1/5/2016
Jan 5 Draft European Union rules requiring accountants to tell regulators about problems they uncover at banks are likely to be far costlier than expected and difficult to apply at global lenders, a hearing     Add Comment

Deloitte Confirms Lawsuit Over Losses by African Bank Investors 
Bloomberg - 1/5/2016
Deloitte confirmed it is aware of a lawsuit by investors of African Bank Investments Ltd. for the alleged loss of about 2 billion rand ($128 million). “Deloitte is aware of the lawsuit,” Deloitte Africa     Add Comment

Nissan Tokyo Sales Holding announces change of corporate auditor 
Reuters UK - 1/5/2016
Thomson Reuters is the world's largest international multimedia news agency, providing investing news , world news , business news , technology news , headline news, small business news, news alerts,
ALMEDIO announces change of corporate auditor Reuters UK
Pilot announces change of corporate auditor Reuters UK
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WithumSmith+Brown Acquires Florida Accounting Firm Averett Warmus Durkee 
Bloomberg - 1/5/2016
- Averett Warmus Durkee, P.A., a  USD 15m Central Florida  certified public accounting firm, has combined its practice with WithumSmith+Brown, PC, the firms said. Terms of the deal were not disclosed.     Add Comment

Xuzhou Handler Special Vehicle announces change of accounting auditor 
Reuters - 1/5/2016
Xuzhou Handler Special Vehicle Co Ltd:Appoints Baker Tilly China Certified Public Accountants as corporate auditor for 2015 to replace a Jiangsu-based certified public accountants.    Add Comment

China May Become Top IPO Market in 2016: PwC 
People.com.cn - 1/5/2016
Reports show the number of initial public offerings on the Shanghai and Shenzhen bourses may top the world in 2016. [File Photo: ce.cn] A report from the auditing firm PricewaterhouseCoopers shows     Add Comment

BRIEF: New year, new offices: Orlando accounting firm acquired [Orlando Sentinel] 
Bloomberg - 1/4/2016
Jan. 04--More than 100 at a local accounting firm will ring in the new year by moving to new offices. Officials with Averett Warmus Durkee, which has offices in Orlando and Altamonte Springs, announced     Add Comment

BRIEF-ECA unit chosen as auditor by Edison 
Reuters UK - 1/4/2016
Thomson Reuters is the world's largest international multimedia news agency, providing investing news , world news , business news , technology news , headline news, small business news , news alerts,     Add Comment

H&R Block to Give Away $1 Million a Day for 32 Days 
Reuters - 1/4/2016
1,000 People Will Win $1,000 Each Day in First Month of the Season KANSAS CITY, MO --(Marketwired - January 04, 2016) - H&R Block (NYSE: HRB) , the world's largest consumer tax preparation company,
HandR Block to Give Away and#36;1 Million a Day for 32 Days SPi World News
H & R BLOCK : &R Block to Give Away $1 Million a Day for 32 Days 4 Traders
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>>   Finance news
Brevan Howard's main hedge fund down 1.99 percent for 2015 -source 
Reuters - 1/6/2016
Jan 6 Leading European hedge fund firm Brevan Howard's main hedge fund lost 1.99 percent for 2015 after falling 3.91 percent in December, according to performance information seen by Reuters. It was the     Add Comment

Fed raised rates even as inflation debate continued 
Reuters UK - 1/6/2016
Police officers stand with their dog outside the Federal Reserve patrol in front of the building with their dog Brodie in Washington September 1, 2015. Reuters/Kevin Lamarque WASHINGTON Federal
Fed lifted rates amid inflation debate Sydney Morning Herald
Fed minutes: Rate hike was 'close call' CNBC
all 4 news articles >>    Add Comment

Why oil prices are plunging - again 
Washington Post - 1/6/2016
This story has been updated. Despite sharply rising tensions in the Middle East,  oil prices  had seemed fairly stable — if quite low — as 2016 began. But that all changed Wednesday, as  prices  suddenly
Why oil prices are plunging — again Washington Post
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U.S. economy seen growing one percent in fourth quarter: Atlanta Fed 
Reuters - 1/6/2016
The U.S. economy is on track to grow 1.0 percent in the fourth quarter after data showed a surprise shrinkage in the trade deficit in November, the Atlanta Federal Reserve's GDPNow forecast model showed
US economy seen growing 1% in Q4: Atlanta Federal Reserve Economic Times
'US economy on track, seen growing 1% in Q4' Economic Times
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Wall Street lower on China worries, steep drop in oil 
Reuters UK - 1/6/2016
Traders work on the floor of the New York Stock Exchange January 5, 2016. Reuters/Brendan McDermid U.S. stocks fell on Wednesday as fresh concerns over the impact of a slowdown in China on the     Add Comment

Activist hedge fund seeks more talks with U.S. auto loan firm Ally 
Reuters - 1/6/2016
The hedge fund pushing for changes at Ally Financial ( ALLY.N ) said on Wednesday it wants to work closely with the U.S. auto loan company's management team but is disappointed with its initial response.
UPDATE 1-Activist hedge fund seeks more talks with U.S. auto loan firm Ally Reuters UK
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U.S. Fed awards $126.58 bln reverse repos 
Reuters - 1/6/2016
Jan 6 The Federal Reserve on Wednesday awarded $126.58 billion of one-day fixed-rate reverse repurchase agreements to 53 bidders at an interest rate of 0.25 percent, the New York Fed said on its website.
U.S. Fed awards $169.62 bln reverse repos Reuters UK
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KALOBIOS PHARMACEUTICALS, INC. SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe  
Bloomberg - 1/6/2016
DALLAS--(BUSINESS WIRE)--Jan. 6, 2016-- Former United States Securities and Exchange Commission attorney Willie Briscoe , founder of The Briscoe Law Firm, PLLC , and the securities litigation firm of
UNITED DEVELOPMENT FUNDING IV SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe  EON: Enhanced Online News
KALOBIOS PHARMACEUTICALS : Former SEC Attorney Willie Briscoe and Powers Taylor  4 Traders
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JPMorgan to pay $4 million for false statements about broker pay: SEC 
Reuters - 1/6/2016
A view of the exterior of the JP Morgan Chase & Co. Corporate headquarters in the Manhattan borough of New York City, May 20, 2015.
UPDATE 1-JPMorgan to pay $4 mln for false statements about broker pay -SEC Reuters UK
JPMorgan to pay $4 million for false statements about broker pay – SEC SRN News
all 5 news articles >>    Add Comment

Reinsurance prices eased in Jan contract renewals - brokers 
Reuters UK - 1/6/2016
FRANKFURT Jan 6 Reinsurance prices fell at the start of 2016 and are expected to remain under pressure in the coming months, though the pace of decline is moderating, reinsurance brokers said. Reinsurers,     Add Comment

WRAPUP 2-Strong U.S. private payrolls data point to economys resilience 
Reuters - 1/6/2016
U.S. private companies added workers at a brisk clip in December, pointing to underlying strength in the economy despite signs that growth slowed sharply in the fourth quarter. Other data on Wednesday
Strong U.S. private payrolls data point to economys resilience Reuters
WRAPUP 2-Strong U.S. private payrolls data point to economy's resilience Reuters
all 6 news articles >>    Add Comment

Netflix Is Running Into Some Significant Headwinds 
Fortune - 1/6/2016
You might think it would be pretty great being Netflix. After all, the company is at the forefront of the streaming video revolution, beloved by cord-cutters and cable haters of all ages, with multiple
Netflix's Stock Is Under Pressure, and This Is Why Fortune
all 1 news articles >>    Add Comment

U.S. stocks sharply lower as China, North Korea weigh 
CBS News - 1/6/2016
U.S. stocks declined sharply on Wednesday, with China's devaluing of its currency and geopolitical unease adding to concerns about the global economy. "We look at China's economy, and the inputs haven't     Add Comment

Wall Street falls on China worries, steep drop in oil 
Reuters - 1/6/2016
Traders work on the floor of the New York Stock Exchange January 5, 2016. Reuters/Brendan McDermid All three major indexes fell more than 1 percent in early trading on Wednesday as investors looked     Add Comment

Cantor Fitzgerald & Co. Hires Kevin Reynolds and Timothy Swift To Join Debt Capital  
Reuters - 1/6/2016
PR Newswire NEW YORK, Jan. 6, 2016 NEW YORK , Jan. 6, 2016 /PRNewswire/ --  Cantor Fitzgerald & Co ., a leading financial services firm, today announced that two senior bankers Kevin Reynolds
CANTOR FITZGERALD & CO. : Hires Kevin Reynolds and Timothy Swift To Join Debt Capital  4 Traders
Cantor Fitzgerald & Co.’s Youssef Squali and Naved Khan Named in Top 1 Percentile  Gnom.es
all 4 news articles >>    Add Comment

Yahoo’s battle with Wall Street isn’t over yet 
Washington Post - 1/6/2016
The clash between Yahoo and Wall Street escalated Wednesday with an activist investor urging the beleaguered tech giant to dump its management team. "The past year has been an extremely frustrating     Add Comment

Fed's Fischer: Decline in oil won't go on forever 
CNBC - 1/6/2016
Stanley Fischer, Federal Reserve vice chairman, talks about the Fed's accommodative policy and the link between the fed funds rate and what banks pay their depositors. Also Fischer discusses whether the     Add Comment

Fed's Fischer says four rate hikes in 2016 'in the ballpark' 
Reuters - 1/6/2016
Federal Reserve Vice Chairman Stanley Fischer speaks during a televised interview during the Federal Reserve Bank of Kansas City's annual Jackson Hole Economic Policy Symposium in Jackson Hole, Wyoming
Fed’s Fischer says four rate hikes in 2016 is ’in the ballpark’ Business Recorder
US Fed's Stanley Fischer says four rate hikes in 2016 is 'in the ballpark' Economic Times
all 3 news articles >>    Add Comment

Wall Street set to open lower on China, North Korea worries 
Reuters - 1/6/2016
Traders work on the floor of the New York Stock Exchange January 5, 2016. Reuters/Brendan McDermid Wall Street was set to open sharply lower on Wednesday as investors looked for safe havens after     Add Comment

Live Business Live: FTSE down sharply; oil at record low 
BBC - 1/6/2016
The UK's combined market for music, video games and digital entertainment was worth more than £6bn last year, that's according to the Entertainment Retailers Association. Its data shows the decline
Live Business Live: FTSE down sharply; John Lewis results BBC
all 1 news articles >>    Add Comment
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