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U.S. Stocks Break 4-day Winning Streak

Thu, 04/03/2014 - 4:08pm
The U.S. stock market dipped in and out of negative territory and ended Thursday marginally lower, breaking a four-day winning streak.
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Bullish Anadarko options bets soar on settlement news

Thu, 04/03/2014 - 3:56pm
Bullish options bets placed in Anadarko Petroleum this week made significant profits on Thursday when the company announced it had reached a settlement to resolve pollution clean-up claims, sending shares more than 15 percent higher.
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Anadarko payment will cover environmental costs: U.S. official

Thu, 04/03/2014 - 3:41pm
Anadarko Petroleum Corp's $5.
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Mozilla CEO Resigns Following Gay-marriage Controversy

Thu, 04/03/2014 - 3:33pm
Mozilla Chief Executive Officer Brendan Eich resigned Thursday following pressure after it was revealed that he had contributed to an anti-gay marriage initiative in California in 2008.
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Anadarko Reaches $5.15B Settlement in Tronox Case

Thu, 04/03/2014 - 3:17pm
Anadarko Petroleum reached a $5.15 billion settlement to resolve a case connected to its 2006 acquisition of Kerr-McGee, sending shares of the oil producer to a new record high.
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Report: CFTC Looking Into High-Frequency Trading

Thu, 04/03/2014 - 3:11pm
Add the Commodities Futures Trading Commission to the list of agencies investigating the controversial practice of high-frequency trading.
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Oil Futures Reclaim $100-a-barrel Level

Thu, 04/03/2014 - 2:43pm
Oil futures edged higher Thursday to reclaim the $100-a-barrel level, buoyed by a climb in monthly U.S. services-sector growth ahead of the much-anticipated monthly jobs report.
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PENSCO Plans To Expand Bitcoin Investments In IRAs

Thu, 04/03/2014 - 2:41pm
PENSCO, which currently allows clients to invest retirement funds in bitcoin through SecondMarket's Bitcoin Investment Trust, said Thursday it plans to expand the options available for investing in the virtual currency but didn't provide details. "Based on anticipated demand, we are continuing to look at additional ways in which PENSCO can help self-directed investors and advisors get exposure to bitcoin in tax-deferred accounts," said Kelly Rodriques, chief executive.
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Rhode Island State Employees and Retirees Voting on Pension Cuts

Thu, 04/03/2014 - 2:32pm
Thousands of Rhode Island public employees and retirees have until the end of April 3 to submit their ballots on changes and cuts to their pension benefits.
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Gold Ends Lower In Pre-U.S. Jobs Data Positioning

Thu, 04/03/2014 - 1:58pm
Gold futures closed lower on Thursday, giving back more than half of what they gained in the previous session as traders positioned themselves ahead of Friday's monthly U.S. jobs report.
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Senate Panel Votes To Renew Expired Tax Breaks

Thu, 04/03/2014 - 1:24pm
The Senate Finance Committee on Thursday voted to renew a slew of tax breaks that expired at the end of 2013.
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Tesla to Appeal N.J. Ban on Direct Sales

Thu, 04/03/2014 - 1:00pm
Tesla plans to appeal New Jersey’s decision to enact a ban on direct sales in the state, as the automaker continues its fight against franchised dealers.
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Apple To Hold Developer Conference June 2-6 In SF

Thu, 04/03/2014 - 12:52pm
Apple Inc. on Thursday said it will hold its yearly Worldwide Developers Conference on June 2-6 at San Francisco's Moscone Center.
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Focus Back on Unemployment Rate with March Jobs Report

Thu, 04/03/2014 - 12:31pm
The headline unemployment rate has returned to the spotlight ahead of Friday’s release of the government’s March jobs report.
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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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