| Source: The Associated Press
Drug developer Alpharma said Monday it has agreed to share confidential financial information with King Pharmaceuticals, more than a week after rejecting a hostile takeover by King.
| Source: The Associated Press
A CNN-owned Web site called iReport.com, which publishes reports written by ordinary citizens, said Friday it will give the Securities and Exchange Commission information about the author of an item that claimed Apple CEO Steve Jobs had suffered a heart attack.
| Source: The New York Times
While regulators were sprinting to save the financial system last month, someone was making a lot of money — by betting against the State of New Jersey, the New York Times reported.
| Source: The New York Times
“We have a good deal of comfort about the capital cushions at these firms at the moment.” — Christopher Cox, chairman of the Securities and Exchange Commission, March 11, 2008.
Stocks declined Thursday as dismal reports on factory orders and jobless claims piled on to a market already on edge about a freeze in the credit markets and the bailout bill as it heads to the House. GE was the biggest drag on the Dow.
Stocks declined Thursday as dismal reports on factory orders and jobless claims piled on to a market already on edge about a freeze in the credit markets and the bailout bill as it heads to the House. GE was the biggest drag on the Dow.
Stocks declined Thursday as dismal reports on factory orders and jobless claims piled on to a market already on edge about a freeze in the credit markets and the bailout bill as it heads to the House. GE was the biggest drag on the Dow.
Stocks declined Thursday as dismal reports on factory orders and jobless claims piled on to a market already on edge about a freeze in the credit markets and the bailout bill as it heads to the House.
U.S. stock index futures pointed to a slightly mixed open for Wall Street, with investors cautious after the Senate approved a sweetened version of the $700 billion bailout package for banks.
The Securities and Exchange Commission is investigating whether traders spread rumors to drive down shares of former investment banks Bear Stearns and Lehman Brothers, USA Today reported, citing an SEC subpoena.
U.S. securities regulators late Wednesday, extended an emergency ban on short selling in more than 950 financial stocks to give Congress time to finish legislation to rescue the financial system.
The SEC is likely to extend a ban on short sales of hundreds of stocks beyond Thursday, when the temporary ban is set to expire, staffers have told Wall Street executives.
| Source: The Associated Press
Diebold Inc. on Tuesday raised its earnings outlook for the year and filed late financial statements required for it to maintain its New York Stock Exchange listing.
Dizzying drops like the Dow Jones industrial average's 7 percent plunge Monday may prompt U.S. securities regulators to extend a short selling ban beyond Thursday.
| Source: The Associated Press
General Motors Corp. said Tuesday it has suspended employee stock purchases through two 401(k) programs because workers have bought all the available shares.