Bernanke pre-empted by Dudley: Will he throw it back into Congress' lap?» Read More
The perpetrator of the largest investment fraud in U.S. history is once again weighing in on the excesses of Wall Street.
NEW YORK, Jan 7- A pilot program to limit volatility in the U.S. stock markets scheduled to be implemented next month is not likely to be rolled out until April as exchanges and financial industry groups take more time to prepare.
NEW YORK, Jan 3- TD Ameritrade Holding Corp awarded Chief Executive Fredric Tomczyk $6.52 million in the company's fiscal-year 2012, a 9.1 percent increase over his compensation the previous year, according to a regulatory filing.
*S&P 500 on track for double-digits gains for 2012. *Dow up 1.1 pct, S&P 500 up 1.4 pct, Nasdaq up 2 pct. The S&P 500 jumped above 1 percent after Obama said it appeared a deal was within sight, but quickly cut some gains when the president noted an agreement was not complete yet.
NEW YORK, Dec 26- Thomas Joyce, whose position as chairman and chief executive of Knight Capital Group was on the line as the company negotiated a takeover earlier this month, will be paid $7.5 million to ensure he remains with the stock-trading company, according to a regulatory filing.
*U.S. markets up slightly, awaiting Congress. NEW YORK/ TOKYO, Dec 26- The yen fell to a two-year low against the dollar on Wednesday after Japan swore in a new prime minister who has called for weakening the currency to stimulate inflation, while U.S. stocks slipped in thin trading.
*Amazon slumps with retail stocks. *Obama heads back to Washington after vacation. Macy's lost 3 percent to $36.41, while Saks also fell 3 percent and traded at $10.30, near its session low.
Following are 10 of the best and worst trades of the year.
CNBC's Scott Wapner take a look at another stock that left investors feeling the pain this year.
Why couldn't the NYSE-Euronext be an acquirer, rather than a takeover target? Diminishing value of an old franchise
Dec 19- Knight Capital Group Inc, which nearly collapsed in August following a software glitch, is being bought by rival automated trading firm Getco Holding Co in a cash-and-stock transaction that values Knight at around $1.4 billion and creates a dominant player in the industry.
Stocks ended near session lows Wednesday, as negotiations to avert the looming "fiscal cliff" turned sour after Speaker John Boehner said the House of Representatives will pass a budget proposal that President Barack Obama had already threatened to veto.
*S&P 500 drops after best two-day run in a month. *Dow down 0.5 pct, S&P 500 off 0.6 pct, Nasdaq off 0.2 pct. He said if the market thought the deal was off, the S&P 500 would slide below 1,400. It stands now near 1,440, nor far from a two-month high.
*S&P 500 little changed after best two-day run in a month. *Oracle gains as software sales boost profit. NEW YORK, Dec 19- U.S. stocks barely budged on Wednesday as stalled "fiscal cliff" negotiations gave investors little reason to keep buying following the best two-day rally for the S&P 500 in a month.
Knight Capital Group said it will be acquired by rival electronic trading firm Getco Holdings in a cash-and-stock deal that the companies valued at $1.4 billion.
*S&P 500 little changed after best two-day run in a month. *Oracle gains as software sales boost profit. NEW YORK, Dec 19- U.S. stocks were little changed on Wednesday as investors found scant reason to continue buying following the best two-day rally for the S&P in a month.
*Oracle gains as software sales boost profit. *S&P 500 coming off best two-day run in a month. The Nasdaq notched slight gains, helped by technology shares following strong results at Oracle Corp..
Stocks: Is there a new Goldilocks thesis?
Dec 19- Knight Capital Group Inc, which was nearly brought down by a trading error in August, said it will be acquired by rival electronic trading firm Getco Holdings Co in a cash-and-stock deal that the companies valued at $1.4 billion. The offer represents a 13- percent premium to Knight's closing stock price of $3.33 on Tuesday.
U.S. stock index futures rose Wednesday, after major indexes touched two-month highs in the previous session, amid ongoing optimism that lawmakers in Washington would soon seal a deal to avert falling off the "fiscal cliff."