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By Press Release |
May 25, 2012
The Illinois Appellate Court has ruled in favor of CBOE, McGraw-Hill and CME Group Index Services, in index options litigation against the ISE.
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By Daniel P. Collins |
May 25, 2012
The Delaware Court of Chancery on May 22 found James Crombie liable for fraud and breaches of his fiduciary duty of loyalty in awarding plaintiffs Paron Capital Management, LLC. and two of its principals, Peter McConnon and Timothy Lyons, more than $35 million.
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By Linda Sandler, Bloomberg |
May 25, 2012
Bernard Madoff’s investors shouldn’t be allowed to appeal a court ruling denying them payment for fake Ponzi profits on their account statements, the U.S. Securities and Exchange Commission said.
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By Susanne Walker, Bloomberg |
May 25, 2012
Treasuries rose amid concern the European debt crisis will worsen as Spain’s regional governments are said to be struggling with finances, stoking demand for government debt.
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By Alex Kowalski, Bloomberg |
May 25, 2012
Consumer confidence rose in May to the highest level since October 2007 as prices at the gas pump became less of a drag on household budgets.
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By Canaccord Genuity Morning Coffee |
May 25, 2012
Facebook is in talks with the New York Stock Exchange to move its stock from the NASDAQ Stock Market after a botched initial public offering on Friday.
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By Nicholas Larkin, Bloomberg |
May 25, 2012
Copper traders are bearish for a second week after mounting concern that slowing growth in China and Europe would curb demand drove prices to a four-month low.
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By Jim Parrish and Kris Hicks |
May 25, 2012
Look for gold and the other risk markets to trade in relatively thin range as most traders head out for the long weekend.
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By Austin Kiddle |
May 25, 2012
Central banks gold purchase data in April cheered gold market on Thursday, however. Mexico, Kazakhstan and Ukraine added about 204,000 ounces in April.
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By Phil Flynn |
May 25, 2012
I know it was just two weeks ago when I wrote $100 or go bust and last Friday when I wrote $90 or bust, but now I am saying that crude could be ending its slide