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By Press Release |
December 19, 2012
The U.S. Commodity Futures Trading Commission announced an Order today against UBS AG and UBS Securities Japan Co., bringing and settling charges of manipulation, attempted manipulation and false reporting of certain global benchmark interest rates.
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By Phil Flynn |
December 14, 2012
'Tis the season for natural gas withdrawals. While Frosty is melting away with warm winter temperatures, natural gas supplies are rising.
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By Phil Flynn |
December 13, 2012
After a big jump we fell on worries that the cliff will not be avoided. Additionally, the Chinese’s benchmark fell putting downward pressure on metals and on oil.
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By Alanna Byrne |
December 11, 2012
European markets rose Tuesday morning following the release of positive German consumer confidence data, while U.S. markets got bad news on the small business and trade deficit fronts
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By Andrew Frye, Bloomberg |
December 10, 2012
The imminent end of Prime Minister Mario Monti’s government fueled the largest increase in Italian borrowing costs in four months and threatened to open a new front in Europe’s crisis fight before a year-end summit.
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By Alanna Byrne |
December 6, 2012
Shareholders of scores of public companies can expect to get some holiday bonuses this year, as many of these firms rush to issue special dividends before a potential 2013 tax hike linked to the fiscal cliff kicks in.
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By Yalman Onaran and Bradley Keoun, Bloomberg |
November 28, 2012
U.S. units of foreign lenders including Deutsche Bank AG may be required by regulators to comply with tougher capital rules that some banks sought to skirt
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November 20, 2012
Hewlett-Packard Co. accused Autonomy Corp., the software maker it bought last year, of a broad range of financial falsehoods resulting in an $8.8 billion writedown.
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By Alanna Byrne |
November 20, 2012
Construction on new homes rose in October, beating analysts’ expectations and signaling a continued recovery in the housing market.
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By Michael McFarlin, Daniel P. Collins |
November 15, 2012
According to a report by the House Financial Service’s Subcommittee on Oversight and Investigations, the onus for MF Global’s bankruptcy and missing customer funds rests squarely on Jon Corzine, the firm’s former CEO.
