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Transamerica Accused Of Overcharging Customers

Thu, 04/03/2014 - 12:05pm
Transamerica Financial Advisors has been charged with overcharging its clients, the Securities and Exchange Commission announced on Thursday.
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Ex-Evercore Director Guilty Of Insider Trading

Thu, 04/03/2014 - 11:45am
An Evercore Group, LLC former senior managing director has pleaded guilty to insider trading and making false statements, said Preet Bharara, the United States Attorney for the Southern District of New York in a press release.
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Strong words from Draghi but markets unpersuaded

Thu, 04/03/2014 - 11:19am
Mario Draghi succeeded in knocking back the euro's steady rise and reducing lower-rated European government bond yields on Thursday, but markets looked far from persuaded that future unconventional action to boost growth was a done deal.
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Amgen, GSK End Marketing Partnership for Osteoporosis Drug

Thu, 04/03/2014 - 11:12am
Amgen and GlaxoSmithKline terminated their five-year old collaborative marketing agreement this week ahead of schedule. 
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MF Global Trustee Makes Customers Whole

Thu, 04/03/2014 - 11:04am
MF Global Inc. customers will be fully repaid, announced the trustee James Giddens on Thursday.
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Fed's Stein to Resign, Resume Harvard Professorship

Thu, 04/03/2014 - 11:00am
Fed governor Jeremy Stein said he will resign in late May and resume his role as a professor at Harvard University. 
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Fed Gov. Jeremy Stein Announces He's Resigning

Thu, 04/03/2014 - 11:00am
Federal Reserve Governor Jeremy Stein, an increasingly influential official at the central bank with about four years left on his term, on Thursday announced he was resigning in a surprise move.
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1Q Layoffs Fall to Lowest Level in 20 Years

Thu, 04/03/2014 - 10:39am
Job cuts were at a two-decade low last quarter as the economy’s recovery continued to strengthen and the labor market improved.
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Natural-gas Supplies Down 74 Bln Cubic Feet: EIA

Thu, 04/03/2014 - 10:34am
Natural-gas futures on Thursday pared gains after the U.S. Energy
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Two Google Shares Up On First Day After Split

Thu, 04/03/2014 - 10:09am
Two classes of Google Inc. shares were climbing early Thursday as a planned two-for-one share split took effect, and one analyst raised his earnings estimates for the Internet giant.
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ISM Non-manufacturing Index Rises To 53.1% In March

Thu, 04/03/2014 - 10:06am
Growth picked up last month for the U.S. service sector and other non-manufacturing companies, according to data released Thursday.
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U.S. Service Sector Growth Accelerates In March

Thu, 04/03/2014 - 10:02am
Growth in the U.S. services sector accelerated as the employment index returned to expansionary territory.
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30-year-mortgage Rate Rises To 4.41%

Thu, 04/03/2014 - 9:59am
The average rate for a 30-year fixed-rate mortgage ticked up to 4.41% in the week that ended April 3 from 4.40% in the prior week, according to a Thursday report from federally controlled mortgage-buyer Freddie Mac .
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Pandora Shares Rise 6% On Listener Hours, U.S. Radio Share

Thu, 04/03/2014 - 9:59am
Pandora Media Inc. shares climbed more than 6%, to $33.46 Thursday, after the Internet radio company reported strong listener gains in March.
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Two Google Stocks, Pandora Lift Techs

Thu, 04/03/2014 - 9:52am
Two classes of Google Inc. shares created after a 2-for-1 stock split began trading Thursday on an upbeat note, leading the tech sector higher with solid gains.
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Barnes & Noble Falls After Liberty Media Cuts Stake

Thu, 04/03/2014 - 9:52am
Barnes & Noble Inc. shares fell 10% on Thursday after John Malone's Liberty Media said it's selling the majority of its about 17% stake in the bookstore operator.
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ECB's Draghi takes swipe at IMF over policy recommendations

Thu, 04/03/2014 - 9:40am
European Central Bank President Mario Draghi swatted away suggestions from the International Monetary Fund that his bank should ease monetary policy further on Thursday, questioning the timing of the Fund's most recent comments.
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NYT: Feds Launch Criminal Probe of Citigroup Over Mexico Fraud

Thu, 04/03/2014 - 9:30am
U.S. authorities have reportedly launched a criminal probe into whether Citi ignored warning signs about the $400 million fraud that took place in the banking giant’s Mexican division.
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Liberty Media Cuts Stake in Barnes and Noble

Thu, 04/03/2014 - 9:18am
Liberty Media Corp said it would reduce its stake in Barnes & Noble Inc but retain a 10 percent share of its initial investment in the largest U.S. bookstore chain.
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Walgreen's Same-Store Sales Rise 3.5% in March

Thu, 04/03/2014 - 8:53am
Walgreen said same-store sales rose 3.5% in March from a year earlier, as higher pharmacy sales offset weaker front-end results.
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