Wall Street

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European stocks mixed ahead of US job figures

AFP Global Edition yesterday

Europe's main stock markets diverged slightly on Friday ahead of the release of crucial US employment figures and as traders assessed more earnings reports. London's FTSE 100 index of top shares climbed 0.18 percent to 5,134.73 points, Frankfurt's DAX 30 edged up ...

Wall St swine flu vaccinations spark uproar

AFP Global Edition 2 days ago

News that US swine flu vaccines, meant to be prioritized for the nation's most vulnerable, are being distributed to Wall Street firms such as Goldman Sachs, have sparked uproar. The New York Department of Health said Citigroup, Goldman Sachs and Morgan Stanley ...

Goldman Sachs, Citigroup got swine flu vaccine

AP News 2 days ago

Goldman Sachs, Citigroup among NYC employers that got hard-to-find swine flu vaccine Some of New York's biggest companies, including Wall Street giants Goldman Sachs and Citigroup, received doses of swine flu vaccine for at-risk employees, drawing criticism that the hard-to-find vaccine is ...

Feds: 14 charged in insider trading case

AP News 2 days ago

Feds: 14 charged in widening $53M Wall Street insider trading case Two attorneys and Wall Street professionals were among 14 people charged Thursday in a widening $53 million insider trading case that has snared one of America's richest men and shown white ...

FBI arrests 14 in hedge-fund insider trading probe

AFP Global Edition 2 days ago

The FBI has arrested 14 people for alleged involvement in what prosecutors say was the largest hedge-fund insider trading scheme ever on Wall Street, prosecutors in New York said Thursday. Manhattan US Attorney Preet Bharara said 14 people, "including attorneys and Wall ...

Who were the winners on interest rate swaps?

Stockhouse 2 days ago

Banks seemingly always come out with the winning bet on these swaps In recent months, we have been hearing about institutions and municipalities all over the world who are suffering huge losses on the interest-rate swaps negotiated by U.S. big banks. Jefferson ...

AN AMBITIOUS LOOK AT WALL STREET'S CONVULSIONS

BusinessWeek 2 days ago

AN AMBITIOUS LOOK AT WALL STREET'S CONVULSIONS Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial System--and Themselves By Andrew Ross Sorkin Viking; 600 pp.; $32.95 There's no paucity of books about the ...

European stocks recover

AFP Global Edition 3 days ago

Europe's main stock markets rebounded on Wednesday after sharp falls a day earlier as investors assessed earnings news and record gold prices and awaited a US interest rate decision. In late morning European trade, London's FTSE 100 index of top shares rose ...

Polo profit tops view as demand picks up

Reuters US Online Report Business News 4 days ago

NEW YORK (Reuters) - Polo Ralph Lauren Corp <RL.N> posted a quarterly profit far above Wall Street estimates and strengthened its full-year revenue outlook, as demand for its fashions picked up as the quarter progressed. The maker of clothing brands such as ...

ChiNext stocks hit by profit-taking in second session

AFP Global Edition 5 days ago

More than one-third of shares on China's newly launched Nasdaq-style board were limit-down on profit-taking in early trade Monday after a wild debut last week, dealers said. Ten of the 28 stocks listed on the Shenzhen-based ChiNext fell 10 percent, but analysts ...

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