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Last updated: 08:49:58 Friday Jan 1, 2010


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  • Few called market turn, fewer predict it will last
    NEW YORK - Few analysts forecast this year's remarkable stock market rebound as major indexes were plunging to 12-year lows last March. Now, with most experts predicting the pace of stocks' gains will slow in 2010, there's reason to believe they will be proven correct.   Activities:U.S. Markets   Source:(AP)   2010-01-01

    More targets, cooperators in Galleon insider case
    NEW YORK (Reuters) - Investigators expect more people to be charged in the Galleon hedge fund insider trading case, and they said they have cooperating witnesses to strengthen their case against the fund's billionaire founder, Raj Rajaratnam.   Nations:U.S.   Activities:2009 Galleon Insider Trading   Source:(Reuters)   2009-11-04

    Stocks mostly fall on mixed data; IBM lifts Dow
    NEW YORK - Stocks mostly fell Tuesday as mixed reports on home prices and consumer confidence gave investors little incentive to step into the market.   Activities:U.S. Markets   Source:(AP)   2009-10-27

    Billionaire's indictment is warning to traders: US watchdog
    NEW YORK (AFP) - A top US watchdog has warned financial firms they face increased scrutiny after a billionaire appeared in court on Friday charged with one of biggest hedge fund insider trading case in US history.   Activities:2009 Galleon Insider Trading   Source:(AFP)   2009-10-17

    Billionaire among 6 nabbed in inside trading case
    NEW YORK - One of America's wealthiest men was among six hedge fund managers and corporate executives arrested Friday in a hedge fund insider trading case that prosecutors say generated more than $25 million in illegal profits and should be a wake-up call for Wall Street.   Nations:U.S. India Switzerland   Activities:2009 Galleon Insider Trading   Source:(AP)   2009-10-16

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