Search Results for: Jersey
U.S. foreclosure activity hits lowest level since 2006: RealtyTrac
July 17th, 2014
Foreclosure activity in the United States dropped last month to the lowest level since July 2006, before the housing bubble burst, and likely will continue to drop through the first half of next year, an industry group said on ...
PwC must face $1 billion lawsuit over MF Global collapse
July 11th, 2014
A federal judge on Wednesday rejected PricewaterhouseCoopers’ request to dismiss a $1 billion lawsuit accusing the auditor of providing bad accounting advice that contributed to the October 2011 collapse of MF Global Holdings Ltd, a brokerage run by former ...
Ex-Carter’s executives, NY fund manager get prison for insider trading
July 9th, 2014
Two former executives at Carter’s Inc (CRI.N) and a New York hedge fund manager received prison sentences on Tuesday for engaging in an insider trading conspiracy involving the children’s clothing company’s stock. Eric Martin, a former vice president of ...
Bond Anxiety in $1.6 Trillion Repo Market as Failures Soar
July 7th, 2014
In the relative calm that is the market for U.S. Treasuries, a sense of unease over a vital cog in the financial system’s plumbing is beginning to rise. The Federal Reserve’s bond purchases combined with demand from banks to ...
JPMorgan Investors Show Support for Dimon in Cancer Fight
July 2nd, 2014
Jamie Dimon, whose eight years atop JPMorgan Chase & Co. (JPM) have made him one of Wall Street’s most powerful leaders, said he’ll start treatment for throat cancer, raising new questions about succession plans at the biggest U.S. bank. ...
U.S. Ruling Loosens Four-Decade Ban On Oil Exports
June 25th, 2014
The Obama administration cleared the way for the first exports of unrefined American oil in nearly four decades, allowing energy companies to start chipping away at the longtime ban on selling U.S. oil abroad. In separate rulings that haven’t ...
Fed Prepares to Keep Super-Sized Balance Sheet for Years to Come
June 11th, 2014
Federal Reserve officials, concerned that selling bonds from their $4.3 trillion portfolio could crush the U.S. recovery, are preparing to keep their balance sheet close to record levels for years. Central bankers are stepping back from a three-year-old strategy ...
High-Speed Trading Rules Coming From SEC
June 6th, 2014
U.S. Securities and Exchange Commission Chair Mary Jo White unveiled the regulator’s most sweeping plan yet for reining in high-frequency trading and monitoring dark pools and other secretive trading practices in the world’s largest equity market. Proprietary traders who ...
Dow, S&P end at records; Apple, Google drag on Nasdaq
June 3rd, 2014
The Dow and the S&P 500 finished at record highs again on Monday after a closely watched read on U.S. manufacturing was revised to show more strength than initially indicated. Industrials and material stocks were among the day’s biggest ...
Market Chatter- Corporate finance press digest
June 2nd, 2014
The following corporate finance-related stories were reported by media: * Japanese insurer Dai-ichi Life Co is in advanced talks to buy Protective Life Corp of the United States in a deal that could be worth over $5 billion, a ...
