posted by admin on Nov 18
Reuters - Just four days after releasing a formal “roadmap” proposal to move U.S. companies to international accounting rules, U.S. regulators are facing a slew of complaints about the millions of dollars it would cost companies to make the switch.
posted by Yahoo! News
posted by admin on Nov 18
Reuters - Billionaire basketball team owner Mark Cuban responded to U.S. insider trading charges on Tuesday, saying on his website that he had not agreed to keep information about a proposed stock sale confidential.
posted by Yahoo! News
posted by admin on Nov 18
AP - Wall Street rebounded Tuesday in another turbulent session, as investors rushed back into the market after the Standard & Poor’s 500 index tested a 2003 low.
posted by Yahoo! News
posted by admin on Nov 18
AP - Stock markets in Europe and the United States got a boost Tuesday from Hewlett-Packard Co. saying it is weathering the economic slowdown better than anticipated.
posted by Yahoo! News
posted by admin on Nov 18
AP - Federal regulators on Tuesday accused four people of inflating the value of Bank of Montreal’s trading portfolio to falsely enhance its financial results. One of the four pleaded guilty to related criminal charges and agreed to a civil settlement with the Securities and Exchange Commission.
posted by Yahoo! News
posted by admin on Nov 18
Reuters - Stocks staged a late fight back on Tuesday after a choppy session in which stronger-than-expected results and outlook from computer maker Hewlett-Packard offset fears that more losses at Citigroup and other banks are yet to come.
posted by Yahoo! News
posted by admin on Nov 18
AP - Wall Street retreated in another turbulent session Tuesday, as investors refrained from making big bets in a volatile market battered by a stream of weak economic data. The Dow Jones industrials dropped more than 130 points.
posted by Yahoo! News
posted by admin on Nov 18
Reuters - Stocks slid on Tuesday, with the Nasdaq falling more than 3 percent, as worries about the worsening global economic downturn hounded markets.
posted by Yahoo! News