Sam Wyly was found not liable for insider trading by a U.S. court two months after a federal jury found him guilty of fraud.» Read More
Feb 14- Buyout firm Silver Lake is in exclusive talks to sell information technology management company Serena Software Inc to private equity firm HGGC LLC, four people familiar with the matter said on Friday.
*EU puts pressure on Switzerland to change rules. Inc is shifting its main European tax base to Ireland from Switzerland, a Reuters examination of company statements and accounts shows, as pressure mounts on the Alpine nation to abolish some corporate tax incentives.
After the latest Fed announcement, one Wall Street pro says the best bets for August are the S&P 500 stocks that can grow organically without Bernanke being involved.
It’s time for the Lightning Round. Cramer makes the call on viewer favorites.
Take a look at some of Friday's midday movers:
BMC Software said on Monday it agreed to be acquired by a private-equity group led by Bain Capital and Golden Gate Capital for about $6.9 billion.
A private equity group made up of Bain Capital LLC and Golden Gate Capital Corp has emerged as the lead contender to buy BMC Software for more than $6.5 billion, three people familiar with the matter said on Tuesday.
Stocks finished higher Wednesday, wiping out most of the past week's losses, after the Federal Reserve reaffirmed its policies on bond purchases and record-low interest rates and as investors shrugged off concerns over Cyprus.
Stocks finished higher across the board Friday with the Dow setting a new record high and all three major averages up more than 2 percent for the week, boosted by a stronger-than-expected monthly government payrolls number.
Wall Street closed mixed on Monday, as stocks struggled to extend the January rally for another session. Apple led tech stocks higher with a 2 percent rebound while Caterpillar gave support to blue chips following its earnings report.
Stocks closed higher Friday, with the S&P 500 ending above 1,500 and logging its longest winning streak since November 2004, boosted by a batch of upbeat earnings. All three major averages turned in their fourth-consecutive weekly gain.
Take a look at some of Wednesday's midday movers:
Stocks finished the final trading day of 2012 with a sharp rally, as optimistic remarks from Senate minority leader Mitch McConnell and President Barack Obama overshadowed the possibility that the U.S. could go over the "fiscal cliff" at the end of the night.
Stocks eased off their lows but still finished in the red Wednesday, as weakness in the retail sector and ongoing worries over the looming "fiscal cliff" kept a damper on gains.
Stocks slumped nearly 1 percent on Friday, but closed off the worst levels of the session, after a Republican plan to avert the "fiscal cliff" fell apart, raising fears a deal will not be reached before the end of the year.
Stocks held losses Friday, dragged by techs, as investors remained on the sidelines ahead of the weekend amid ongoing worries over the looming "fiscal cliff."
Check out which companies are making headlines after the bell Wednesday.
PARIS, Oct 11- Carrefour SA:.
EDF Chief Executive Henri Proglio is expected to step down from French utility Veolia's board, French daily Les Echos reported. Europe's car market will not really recover without EU-led coordination of capacity cuts, Fiat and Chrysler Chief Executive Sergio Marchionne said, in an apparent back-track on comments he made at the Paris auto show last month.
DHAKA, Oct 9- Bangladesh's exports rose in September for the third month in a row thanks to improving garment orders, official data showed on Tuesday. Total exports for July-September, the first quarter of Bangladesh's financial year, were up 2.1 percent to $6.29 billion.