NEW YORK, Dec 6- General Electric Co has agreed to pay as much as $18.25 million to settle a class action lawsuit accusing it of rigging bids for municipal securities, court papers filed on Friday show.» Read More
Investor enthusiasm took a break last week, indicating that some apprehension remains about the stock market.
If Tuesday's brief market plunge from the bogus Associated Press tweet sent your pulse racing, it might be time to find a good sedative.
Italy has raised its debt issuance target for this year by nearly 10 percent and is hoping to tap demand from Asian investors to meet the goal, its head of debt management told Reuters on Tuesday.
Muthukrishnan Ramaswami, President of the Singapore Exchange says securities and derivatives trading lifted Q3 earnings and he sees room for improvement in the bourse's primary activity. He sounds a cautious note on guidance.
One reason the market rally has been so durable is many investors have been slow to return. But have the bears run their course?
The SEC has thrown another curve ball at investor relations professionals across the land. The IR folks, are the people who have to share corporate news - a daunting task that requires a herculean effort on the best of days. Now, throw social media into the mix!
JPMorgan Chase won a court victory today that may have saved it $769 million dollars.
With the price surging more than 50% in just a few days, even Bitcoin supporters acknowledge that the digital currency is unofficially in bubble territory.
Bank of America agreed to pay $165 million to resolve claims from the U.S. credit union regulator over purchases of mortgage-backed securities by corporate credit unions that have since failed.
Cyprus may be a "special case" in the eyes of European officials, but their handling of its bailout is taking a toll on another small euro zone member with an over-burdened banking sector- Slovenia.
They are the investment everyone suddenly hates to love, but those bonds that were supposed to collapse this year continue to attract billions in investor money.
Saruul Ganbaatar, Deputy CEO of the Mongolian Stock Exchange, discusses the steps the exchange is taking to attract more activity.
The current market cycle is showing "extreme similarities" with 1929, Sandy Jadeja, chief market strategist at SignalPro said.
Illinois, which has the worst-funded state pension system in the United States, has agreed to settle charges alleging it repeatedly misled municipal bond investors about the underfunding of its pensions.
Even amid declining stock market correlation, active managers are still having a tough time staying competitive.
We "suspect a drop is now likely to unfold over the next several months," Piper analysts said, adding that their full-year forecast is for a "hop, a drop and a pop."
"A short-selling ban would signal that they're really starting to panic. As a result it's probably going to have unintended consequences," one pro said.
Australia's central bank governor said on Friday there is already a good deal of interest rate stimulus in the economy, but reiterated the bank could lower rates further if needed.
While the Dow is still about 1 percent below its October 2007 high, two-thirds of all stock mutual funds have posted new highs since then, according to Lipper.
The SEC has shown little evidence that anything illegal happened in the Heinz insider trading case.