Search Results for: wall Street
Hong Kong Is Hot Spot for U.S. Lawyers as Probes Rise
October 22nd, 2014
When Cathy Palmer first came to Hong Kong as a U.S. prosecutor more than 20 years ago, she was chasing heroin-smuggling triads who later sent a booby-trapped package to her Brooklyn office. Since March, she has been in the ...
Private equity titans open cloistered world to smaller investors
October 21st, 2014
Seeing individual investors as untapped sources of capital, private equity firms are seeking to attract checks in the tens of thousands of dollars rather than in the hundreds of millions. For decades, David M. Rubenstein has persuaded big institutions ...
Stocks rise: S&P 500 up for 3rd straight day
October 21st, 2014
Nasdaq also rises for a third straight day and the Dow comes back from a 120-point drop. Stocks closed higher Monday, adding to Friday’s strong rally as investors shake off last week’s volatile trading. The Standard & Poor’s 500-stock ...
Ex-CFO Sues Walgreen Over Reports He Was Forced Out
October 17th, 2014
Former Walgreen Co. (WAG) finance chief Wade Miquelon sued the drugstore giant for defamation over news stories saying he was pressured to resign after a “bungled” earnings forecast. Miquelon, 49, sued Walgreen today in state court in Chicago, claiming ...
Google’s revenue falls short despite curbing price declines
October 17th, 2014
Google Inc’s revenue fell short of Wall Street’s expectations as growth in Internet advertising slowed in the most-recent quarter, offsetting a modest improvement in ad pricing, sending its shares down about 3 percent. The total number of ads, or ...
European stocks open higher
October 16th, 2014
European stocks are opening higher and Bund yields are moving up from record lows as investors bet the latest risk asset sell-off is overdone. Tokyo’s Nikkei 225 equity gauge fell 2.2 per cent after Asia inherited news of a ...
Netflix plunges on subscriber data
October 16th, 2014
Netflix shares fall as subscriber gain momentum stalls Shares of Netflix fell 24% in after-hours trading after the company revealed that its third-quarter subscriber gain fell short of its estimates. Still, company’s $1.4 billion in revenue met Wall Street ...
Calculating the Grim Economic Costs of Ebola Outbreak
October 14th, 2014
The topic everyone on Wall Street is discussing urgently but quietly isn’t the volatile global stock market. It is Ebola. While thousands of health care workers seek to control the deadly virus in West Africa, and the Centers for ...
Five reasons oil prices are dropping
October 14th, 2014
As oil prices continue to fall, analysts and producers are trying to wrap their heads around the reasons and identify a floor price. Even though crude benchmarks like Brent and WTI keep dropping, the cost of finding oil continues ...
Stocks, oil flounder on growth anxiety, China data little help
October 13th, 2014
Asian stocks stumbled to seven-month lows on Monday, while crude oil prices were pinned near a four-year trough as promising trade numbers out of China failed to cheer a market still worried about faltering global growth. “European equities look ...
