The roommate of a former Pershing Square Capital Management analyst has been charged with insider-trading for allegedly informing another friend about the planned campaign of the hedge fund against Herbalife.
The positive jobs report this morning will likely be insufficient to push stocks higher on this first day of October. Stocks were down in September, though they ended Q3 modestly in the positive column, with Fed worries and global growth concerns starting to ...
American factories capped their strongest quarter in more than three years, even with the rate of growth easing in September, as manufacturing helps the U.S.
MILFORD Mich. (Reuters) - General Motors Co said on Wednesday it expects in 2016 to ring up its first profit in Europe in more than a decade and that it will also hit targeted North American operating margins that year.
Investors in star money manager Bruce Berkowitz's main mutual fund have lost about $600 million as securities tied to Fannie Mae (FNMA:US) and Freddie Mac (FMCC:US) plummet.