Amazon.com Inc.'s shares surged 18 percent in premarket trading on Friday, adding more than $44 billion to the company's market value, after strong growth in the company's cloud business drove a surprise quarterly profit.
Goldman Sachs Group Inc. will pay $7 million to resolve U.S. Securities and Exchange Commission charges stemming from a programming error that caused the stock options market to be flooded with erroneous orders, roiling traders and prices.
RadioShack Corp., the struggling electronics retailer, said it’s working with creditors and other parties to get more capital and avoid bankruptcy after posting another quarter of mounting losses and plunging sales.
Wedbush Securities, one of the nation’s leading financial services providers, today announced the signing of an agreement to acquire select assets of Crossland LLC including its futures execution and clearing operations.
The SEC basically thinks high-frequency trading is fine, but it knows you don't think that, and it wants to be tactful. It could just explain that markets aren't rigged, but "markets are rigged" is sort of unfalsifiable.