A banker who went to prison for helping clients avoid taxes, cheating the U.S. government of revenue, is now out free and very, very rich, thanks to his helpfighting the tax evasion he previously assisted in.
Deutsche Bank AG, ING Groep, Rio Tinto, Cliffs Natural Resources, Tata Motors, Bank of America Corp, Audience and Pandora Media are among the companies whose shares are moving in pre-market trading Friday.
While pundits and analysts dissected a myriad angles regarding the ECB's proposal, one lesser-considered issue has been how, following the announcement of the plan Thursday, it increasingly seemed Spain was being given the short end of the stick, while Italy was being favored, by the announcement.
SAIC, Nokia Corp, UBS AG, SAP AG, First Solar, Deutsche Bank, Carnival Plc and Zynga Inc are among the companies whose shares are moving in pre-market trading Friday.
After initially criticizing Nasdaq OMX Group for its response to Facebook's botched initial public offering, trading firm Knight Capital Group Inc said it accepted the exchange's latest plan to pay back brokers a portion of their losses.
Argentina, South America's third-largest economy, is "probably" in the midst of a recession and won't register meaningful growth this year amid high inflation and weak industrial output, according to a new report.
MEMC Electronic Materials, Tower Semiconductor, Pebblebrook Hotel Trust, InterContinental Hotels Group, UBS AG, ARM Holdings, Hewlett-Packard and Credit Suisse Group AG are among the companies whose shares are moving in pre-market trading Wednesday.
Among the companies whose shares are moving in pre-market trading Thursday are: Lincoln National Corp, SINA Corp, Las Vegas Sands, Baidu.com, Bank of America, Royal Bank of Scotland, Morgan Stanley and Nokia Corp.
Claims by four of Wall Street's main market makers against Nasdaq over Facebook's botched IPO are likely to exceed $100 million, as they and other traders continue to deal with thousands of problems with customer orders.
Formula 1, the popular global auto racing sport, is on its way to a possible IPO as financial investors such as Waddell & Reed Financial Inc. (NYSE: WDR), Norges Bank Investment Management and BlackRock, Inc. (NYSE: BLK) bought 21 percent of the company, CVC Capital Partners, owner of Formula 1, confirmed Tuesday.
The companies whose shares are moving in pre-market trade Tuesday are: Acadia Pharmaceuticals Inc, Infosys Ltd, UBS AG, JPMorgan Chase & Co, Avon Products, Inc, The Home Depot, Inc and Nokia Corporation.
The companies whose shares are moving in pre-market trade Wednesday are: Protalix BioTherapeutics, Charming Shoppes, Tripadvisor, Genworth Financial, Wynn Resorts, UBS AG, Herbalife, CBS Corp, Patni Computer Systems and Chesapeake Energy Corp.
Swiss banking giant UBS reported on Wednesday that its profit for the first quarter declined 54 percent from the same period last year after being affected by charges on its debt.
Haitong Securities Co. (SHA: 600837), China's second-largest brokerage by assets, raised HK$13 billion ($1.7 billion) in the largest public offering in the world so far this year, media reports said Friday, citing people familiar with the matter.
Two U.S. clean tech companies plan to go public on Friday, as executives and bankers increasingly bet that high energy prices and more proven technology will make investors forget the sector's recent flameouts.
The city of Milan reached a tentative settlement in a two-year-old fraud case against four major banks that arose from a disastrous derivatives contract sold to the Italian city in 2005, Bloomberg News reported Thursday.
