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A group led by hedge-fund manager Bill Ackman is reportedly set to buy a Manhattan penthouse for more than $90 million.
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NEW YORK-- A look at the 10 biggest percentage gainers on New York Stock Exchange at 1 p.m.:. Molycorp Inc. rose 10.9 percent to $7.23. Herbalife Ltd. rose 9.2 percent to $48.55.
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A group led by hedge-fund manager Bill Ackman is reportedly set to buy a Manhattan penthouse for more than $90 million.
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Big investors are reporting their quarterly holdings, offering a glimpse into what some of the big fish were buying and selling during the first quarter.
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May 14- Billionaire investor Daniel Loeb likely faces an uphill battle to convince Sony Corp to embrace his proposal to spin off its entertainment arm, but he likely already holds a winning hand in his bet on the Japanese electronics giant. Loeb and investors in his hedge fund Third Point Offshore are already reaping the benefits of a well-timed move into Japan.
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The jeweler who allegedly made more than $1 million thanks to stock tips from his buddy at KPMG appeared in court today, with CNBC's Jane Wells.
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Aggressive fiscal and monetary policy present huge investment opportunities in Japan, says hedge fund manager Dan Loeb.
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A roundup of some of the most compelling conversations and noteworthy moments broadcast on CNBC.
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May 7- Packaged foods maker Mondelez International Inc posted slightly better-than-expected quarterly results on Tuesday and raised its full-year earnings forecast due to a benefit from a tax item, but said it was keeping some of that benefit in reserve to guard against future market volatility.
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Billionaire investor Carl Icahn increased his stake in nutritional supplement marketer Herbalife to 16.5 percent from 15.9 percent.
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Check out which companies are making headlines after the bell Tuesday:
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As the market hits new highs, three companies have created "amazing short squeezes" by rallying against negative expectations, CNBC's Jim Cramer says.
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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, May 6- The California 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 to one count of conspiracy to commit securities fraud, according to court papers.
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NEW YORK, May 6- The California jeweler who gave a former KPMG auditor cash, an expensive watch and concert tickets in exchange for inside information about public companies pleaded guilty on Monday to one count of conspiracy to commit securities fraud, according to court papers.
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NEW YORK, May 6- The California jeweler who gave a former KPMG auditor cash, merchandise and concert tickets in exchange for inside information about public companies pleaded guilty on Monday to one count of conspiracy to commit securities fraud, according to court papers.
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NEW YORK, May 6- The California jeweler who gave a former KPMG auditor cash, merchandise and concert tickets in exchange for inside information about public companies pleaded guilty on Monday to one count of conspiracy to commit securities fraud, according to court papers.
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Bryan Shaw, the jeweler who took tips on Herbalife, Skechers and other companies from his one-time golfing buddy Scott London, agreed to pay at least $1.3 million in restitution and will continue to cooperate with the government as part of a plea deal he struck with federal prosecutors, according to the documents.
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Bryan Shaw, the jeweler who took tips on Herbalife, Skechers and other companies from his one-time golfing buddy Scott London, agreed to pay at least $1.3 million in restitution and will continue to cooperate with the government as part of a plea deal he struck with federal prosecutors, according to the documents.