Federal authorities have expanded an investigation into insider trading on Wall Street, bringing to more than one dozen the number of subpoenas sent to hedge funds and other investment firms over the past two weeks, people familiar with the inquiry said.
The top after-market NASDAQ stock market losers are: Discovery Communications, Volterra Semiconductor, FX Energy, Netflix, Dollar Tree, Layne Christensen, Warner Chilcott, Expeditors International of Washington, OpenTable, and AgFeed Industries.
Private equity firm Blackstone Group is in talks to join a bid by China's Bright Food Group Co for U.S. healthcare products seller GNC Holdings Inc, a person who is familiar with the situation said on Wednesday.
A moderate stock rally fueled by a compromise between President Obama and Republicans on tax extensions and unemployment benefits petered out in late-session trading, resulting in a narrowly mixed results for major equity indices.
The Gold Price held near last night's new record highs for US, Euro and Sterling investors in London trade on Tuesday, recording an AM Gold Fix at $1426 per ounce as world stock markets gained more than 1.5%.
Toronto-Dominion Bank is in talks to buy lender Chrysler Financial from private equity firm Cerberus Capital Management , a source familiar with the matter said on Tuesday.
Private equity firm Carlyle Group , which has been considering an initial public offering for years, may file papers to go public late next year, a source familiar with the situation said on Monday.
The top after-market NASDAQ stock market gainers are: Nova Measuring Instruments, China Biologic Products, MannKind, GT Solar International, and DDI. The top after-market NASDAQ stock market losers are: SuperMedia, Human Genome Sciences, China Electric Motor, Neutral Tandem, and ArQule.
Blackstone Group's high-profile chief executive and co-founder Stephen Schwarzman is temporarily moving to Paris, a source familiar with the situation said on Saturday.
More speculative traders are bearish on U.S. 10-year Treasury futures than bullish for the first time since August, data released on Friday showed.
Spot Gold jumped over $1400 per ounce in wholesale dealing on Friday in London, holding onto an earlier drop vs. the Euro as the single currency rose sharply on news of weaker than expected US jobs growth in November.
The top pre-market NASDAQ stock market losers are: Smart Technologies, Orexigen Therapeutics, Coldwater Creek, Powerwave Technologies, Rediff.com India, Ku6 Media, SPS Commerce, Aruba Networks, Huntington Bancshares, and Marvell Technology Group.
Market is widely prepared for better readigs for both the EU indicators due Friday, and as of now, 1.3283 works out to be the nearest target upside on the 4-hour chart.
Opening its doors to art connoisseurs and prominent collectors from across the world, the Miami Beach Convention Center is hosting the prestigious Art Basel Miami Beach from December 2 to December 5, 2010.
Trading activity around a number of healthcare deals is being examined by the U.S. authorities as part of investigations into suspected insider trading by certain hedge fund players, the Wall Street Journal said, citing people familiar with the matter.
Del Monte Foods, one of the country's largest producers, distributors and marketers of branded food and pet products for the U.S. retail market, has agreed to be acquired by an investor group led by private equity firm Kohlberg Kravis Roberts (KKR) for $5.3 billion, including debt.
Spot Gold touched a near 3-week high for Dollar investors above $1396 per ounce in London trade on Wednesday, but slipped back from new record highs in Euros and Sterling as the US currency dipped on the forex market.
The Federal Bureau of Investigation (FBI) stormed into offices of three large hedge funds in New York, Connecticut and Massachusetts and seized documents in a string of raids that is being billed as a crackdown on insider trading by hedge funds, mutual funds and investment bankers.
The top after-market NASDAQ stock market losers are: Chart Industries, Corinthian Colleges, DSP Group, Macatawa Bank, MIPS Technologies, BSD Medical, NetScout Systems, Constant Contact, Stonemor Partners, and Monro Muffler Brake.
As investors continue to shovel mountains of cash into U.S. Treasuries and U.S. bonds, investors seeking yield and price outperformance are advised to look at bonds issued by the emerging markets nations.
Futures on major U.S. stock indices point to a lower opening on Tuesday as renewed concerns about European sovereign debt crisis weighed on sentiment.
Seagate' announcement that it has ended talks with private equity group over taking the company private is not exactly a surprise, an analyst with ThinkEquity said.
