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SEC Goldman Lawyer Says Agency Too Timid on Wall Street Misdeeds

April 9th, 2014 (0)
A trial attorney from the Securities and Exchange Commission said his bosses were too “tentative and fearful” to bring many Wall Street leaders to heel after the 2008 credit crisis, echoing the regulator’s outside critics. James Kidney, who joined ...

European Stocks Are Little Changed Amid Ukraine Tension

April 8th, 2014 (0)
European stocks were little changed, after dropping yesterday from a six-year high, as investors weighed escalating tensions between America and Russia over the future of eastern Europe. U.S. index futures and Asian shares were also little changed. Suedzucker AG ...

Stock experts say the bull isn’t dead yet

April 7th, 2014 (0)
Wall Street professionals are still optimistic about stocks, despite a very volatile start for the markets this year. The 26 investment strategists surveyed in the past week by CNNMoney have an average year-end target for the S&P 500 of ...

Apple, Nestle, NBCUniversal, Netflix: Intellectual Property

April 7th, 2014 (0)
Apple Inc. (AAPL), accusing Samsung Electronics Co. (005930) of misleading jurors at the start of a $2 billion trial over smartphone technology, lost its bid to show jurors how it uses three of five patents disputed in the case. ...

Asian Stocks Snap 8-Day Winning Streak Led by Industrials

April 7th, 2014 (0)
Asian stocks fell for the first time in nine days, snapping the longest winning streak on the regional gauge this year, with telecommunication and technology shares leading declines. Naver Corp. slumped 6.3 percent in Seoul, SoftBank Corp. lost 4.5 ...

Gold Holds Gains as Investors Assess Pace of Stimulus After Data

April 7th, 2014 (0)
Gold held the biggest one-day advance in more than three weeks as U.S. jobs data that trailed analysts estimates damped speculation that the Federal Reserve will step up the pace of stimulus reduction. Bullion for immediate delivery traded at ...

Stock Futures Rise as Dollar Holds Yen Gain Before Data

April 4th, 2014 (0)
U.S. and European equity-index futures climbed and the dollar held gains against the yen and euro before a payrolls report. Stocks fluctuated in Asia, wheat slid toward its first loss in five weeks and India’s rupee fell. Contracts on ...

ASIC takes civil action against Mariner and its directors

April 3rd, 2014 (0)
ASIC has started legal action against Mariner Corporation Limited (Mariner) and its current and former directors. ASIC is seeking financial penalties and disqualification orders following the company’s proposed takeover bid for listed financial services company Austock Group Limited (Austock). ...

US Senator: Coal Boss Has ‘Blood on His Hands’

April 3rd, 2014 (0)
Four years into the criminal investigation of the nation’s worst mining disaster in decades, federal officials told ABC News that prosecutors are now focused on the role of West Virginia coal boss Donald L. Blankenship. “I believe this permeated ...

Senators accuse GM of illegally hiding ignition-switch flaw

April 3rd, 2014 (0)
Lawmakers on Wednesday bluntly accused General Motors of illegally hiding evidence of a deadly ignition-switch flaw for much of the past decade, as GM chief executive Mary T. Barra endured a second day of combative hearings on Capitol Hill. ...
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