The roommate of a former Pershing Square Capital Management analyst has been hit with insider-trading charges for allegedly telling another friend about the hedge fund's planned campaign against Herbalife.
NEW YORK (Reuters) - U.S. stocks were down sharply at midday on Wednesday as the first diagnosis of Ebola in a patient in the United States spooked investors and pressured shares of airlines and other transportation-related shares.
New York Times Co. plans to cut jobs across the company, including about 100 positions in the newsroom. Loading� Post to Facebook.
NEW YORK (TheStreet) -- Fannie Mae (FNMA) and Freddie Mac (FMCC) investors dumped their holdings of preferred and common shares on Wednesday following a legal decision both stunning in its speed and thoroughness.
FRANKFURT Oct 1 (Reuters) - German insurer Allianz , still smarting from the sudden resignation of Bill Gross, founder of its Pimco asset management unit, is expected to break its own age rules by extending the contract of Chief Executive Michael Diekmann ...