Corporate News

SAC Capital, the hedge fund embroiled in an insider-trading investigation, is facing possible civil charges from federal regulators, according to someone briefed on a conference call with investors Wednesday.

Investors in the embattled hedge-fund SAC Capital are gathering Wednesday morning on the firm’s current legal issues. Company founder Steve Cohen, who has kept largely silent up to now, will participate in the call, say two people familiar with the matter, but SAC management will field no questions, one of these people added..

Facing perhaps its toughest moment yet in the U.S. government’s insider-trading probe, SAC Capital will host a special investor call Wednesday morning to field questions about the recently-unveiled federal case against former trader Mathew Martoma, say two people familiar with the matter.

Airbus and Boeing have clashed over the performance of their latest revamped models as the aerospace companies battle for market share by offering fuel savings to cash-starved airlines.

Two-thirds of chief executives and chief financial officers from around the world view the euro zone crisis as an opportunity to gain competitive advantage over rivals, according to a survey by global consultancy firm Accenture.

Japan has a miserable future ahead of it without radical changes to the business climate, the former chief executive of camera and medical equipment maker Olympus has told CNBC.

As the euro zone debt crisis weighs on the German “strong man of Europe”, Germany’s slowdown puts Eastern Europe’s growth at risk too, analysts told CNBC.

Hewlett Packard’s surprising announcement of accounting irregularities at Autonomy caught the market by surprise on Tuesday and led to a nearly 12 percent decline in the company’s stock. But Autonomy’s accounting had been questioned by analysts years ago, according to one equity analyst that CNBC spoke to.

As the fallout from Hewlett-Packard’s purchase of Autonomy continues, attention is turning to the advisers who took part in the deal – with one name emerging from the pack.

Best Buy reported quarterly earnings Tuesday that badly missed even the lowered expectations for profit, though revenue was a shade better than estimates.

Mulberry won the prestigious British Luxury Brand of the Year at the Walpole Awards for Excellence, in association with Coutts, on Monday, beating out stiff competition from Alexander McQueen, Burberry, Harrods and Stella McCartney.

The apparel retailer reported quarterly earnings that matched analyst predictions and revenue that exceeded them, prompting the company to increase its full-year outlook.

The retail reported quarterly earnings that surpassed analysts' expectations as the discount chain lured shoppers with a wider variety of food products and 5-percent discounts for its cardholders.

Wal-Mart reported quarterly earnings on Thursday that exceeded analysts' estimates, but revenue fell short of the consensus.

Zurich Insurance Group saw its net profit fall 62 percent in the third quarter, short of analysts expectations.