Deckers Outdoor Corp
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The jeweler who gave a former KPMG auditor cash, an expensive watch and concert tickets in exchange for inside information about public companies agreed on Monday to plead guilty.
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NEW YORK, April 11- As investors Carl Icahn and William Ackman bickered loudly on TV earlier this year about their opposing bets on Herbalife, two other men were discussing the company in a different context: getting non-public information to trade ahead of the stock's next move.
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Stocks ended higher Thursday lifted by an upbeat jobless claims report, with the Dow and S&P 500 closing at fresh levels, while weakness in large tech companies limited gains on the Nasdaq.
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Prosecutors charged Scott London, the Los Angeles- based auditor, with one count of conspiracy to commit securities fraud for giving Brian Shaw, a jeweler, information about public companies including, Herbalife, Skechers and Deckers Outdoor Corporation.
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U.S. prosecutors in California filed criminal charges against Scott London, a former senior auditor at KPMG in Los Angeles, of conspiracy to commit securities fraud.
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April 11- U.S. prosecutors in California filed criminal charges against Scott London, a former senior auditor at KPMG in Los Angeles, of conspiracy to commit securities fraud for passing nonpublic information about three companies to a friend who traded on it. The U.S. Securities and Exchange Commission filed a corresponding civil complaint against London.
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Royal baby's not here but some retailers are already lucking out. Who they are and why.
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Check out which companies are making headlines after the bell Thursday:
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The "Mad Money" host reveals what he plans to follow in the days to come.
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Feb 11- Leading clothing retailers like Gap Inc, American Eagle Outfitters are forecast to report larger fourth-quarter profits in the coming weeks, the latest evidence that smart inventory management and lower costs helped overcome sluggish holiday sales for most in the industry.
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It’s time for the Lightning Round. Cramer makes the call on viewer favorites!
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Reports suggest that Hess may be looking at a spin-off. Cramer thinks it's the tip of the iceberg.
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Jim Cramer’s right-hand researcher Nicole Urken takes a look at specialty retail and beyond.
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Check out which companies are making headlines after the bell Tuesday.
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Following are the stocks that will be on Cramer's radar – if we go over the cliff. He says these stocks are just too darn attractive to let slide buy.
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For about a year, the price action in Deckers was been so bad, you'd think they'd have changed the name of their trendy boots from Ugg to Ugh! Then, suddenly, the price action took a sharp turn higher.
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Is Deckers, the maker of Uggs, Target's next takeover target? The Fast Money traders, weigh in; and Thom Blischok, Booz & Co. chief retail analyst, discusses which retailers are making big moves in mobile and online this holiday season.
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Smart money pros are making a big mistake as they put money to work. Are you about to make the same mistake, too?
