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Updated: 34 min 40 sec ago

Dark Markets May Be More Harmful Than High-Frequency Trading

Mon, 04/07/2014 - 8:26am
Fears that high-speed traders have been rigging the U.S. stock market went mainstream last week thanks to allegations in a book by financial author Michael Lewis, but there may be a more serious threat to investors: the increasing amount of trading that happens outside of exchanges.
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Mallinckrodt To Buy Questcor Pharma For About $5.6 Billion

Mon, 04/07/2014 - 8:20am
Specialty pharmaceuticals company Mallinckrodt Plc will buy drugmaker Questcor Pharmaceuticals Inc for about $5.6 billion to gain access to its lucrative drug to treat multiple sclerosis, Acthar Gel.
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Retailers Push into Crowded Mobile Payment Market

Mon, 04/07/2014 - 8:11am
Big retailers are muscling in on the likes of Visa, MasterCard and Google in a fiercely competitive and growing mobile payment market that promises to cut transaction costs and increase customer loyalty.
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Russian Stocks Slump Amid Clashes In Crimea

Mon, 04/07/2014 - 8:07am
Russian stocks slid on Monday, with the MICEX index posting one of the biggest country-specific losses in Europe as the Ukraine-Russia conflict kept investors on edge.
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Gold Steady As U.S. Jobs Data Soothes Interest Rate Concern

Mon, 04/07/2014 - 7:57am
Gold inched lower on Monday, steadying around $1,300 an ounce following its biggest one-day jump in three weeks, as investor worries about an early U.S. interest rate hike eased after a monthly jobs report failed to meet market expectations.
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Shares In Roche Drop 1.4% On IQuum Acquisition

Mon, 04/07/2014 - 7:54am
Shares in Roche Holding AG fell 1.4% after the Swiss cancer-drug specialist said it has acquired privately held Massachusetts-based IQuum in a deal worth $450 million.
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Report: SEC Forms Squad To Examine Private Funds

Mon, 04/07/2014 - 7:53am
The U.S. Securities and Exchange Commission (SEC) has put together a dedicated group to examine private equity and hedge funds, after the 2010 Dodd-Frank law required the funds to be regulated, according to people familiar with the matter.
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ECB's Mersch Says QE Being Considered If Needed: Report

Mon, 04/07/2014 - 7:50am
The European Central Bank is sketching out plans for asset purchases if they are warranted, but an immediate program launch doesn't appear likely, Yves Mersch, a member of the bank's executive board, reportedly said Monday.
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Qualcomm Talks Up Future Top-Tier Smartphone Chip

Mon, 04/07/2014 - 7:38am
Qualcomm gave details about a future high-end smarthphone chip with faster downloading speeds and 64-bit technology.
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Credit Suisse Faces Threat Of New U.S. Tax Probe

Mon, 04/07/2014 - 7:35am
Credit Suisse faces the threat of a new investigation into aiding tax avoidance after New York's top financial regulator requested documents.
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Global Markets Slump as Tech Gloom Persists

Mon, 04/07/2014 - 6:07am
World markets skidded into the red on Monday on the heels of a steep selloff in U.S. tech and biotech stocks late last week. 
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Russian Soldier Kills Ukrainian Officer: Report

Mon, 04/07/2014 - 4:46am
A Russian soldier has shot and killed a Ukrainian naval officer in eastern Crimea, Ukraine's defense ministry said Monday, Reuters reported.
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European Stocks Drop Sharply; Bouygues Loses Bidding Fight

Mon, 04/07/2014 - 3:35am
European stocks dropped Monday, hit in the wake of Friday's selloff on Wall Street that left the Nasdaq Composite with its worst drop in two months.
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Holcim, Lafarge To Create Building Materials Giant

Mon, 04/07/2014 - 2:37am
The boards of Lafarge SA and Holcim Ltd. on Monday announced an agreement to merge the two companies into the world's biggest building materials group.
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Actor Mickey Rooney Dies At Age 93

Mon, 04/07/2014 - 1:31am
Veteran actor Mickey Rooney has died, reports said late Sunday, though no cause of death or date was available.
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India's Sun Pharma expects Ranbaxy business to be profitable in short term

Mon, 04/07/2014 - 12:50am
India's Sun Pharmaceutical Industries Ltd Managing Director Dilip Shanghvi said he expects Ranbaxy Laboratories Ltd to become profitable in the short term.
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Possible Malaysia Airlines Black-box Signals Detected

Mon, 04/07/2014 - 12:45am
Australian officials in charge of helping search for missing Malaysia Airlines flight MH370 said Monday that one of their ships had detected signals that appear to be coming from a black-box recorder.
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Hunt For Missing MH370 Flight Focuses On 'pings'

Sun, 04/06/2014 - 12:29pm
Chinese and Australian ships and planes are combing the Indian Ocean area where the Malaysia Airlines jet is believed to have gone down after a Chinese ship detected radio signals that could belong to the missing plane's black box.
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Kentucky Edges Wisconsin 74-73, In NCAA Title Game

Sat, 04/05/2014 - 11:36pm
Upstart Kentucky came from behind to overtake Wisconsin in the final seconds Saturday night for a 74-73 victory in the Final Four and a berth in Monday night's NCAA men's college basketball championship game against Connecticut.
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UConn Upsets Florida 63-53 To Advance To NCAA Title Game

Sat, 04/05/2014 - 8:29pm
The University of Connecticut upset overall top seed Florida 63-53 Saturday night to advance to Monday night's NCAA Division 1 men's college basketball championship.
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