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Financial Markets

A collection of news and information related to Financial Markets published by this site and its partners.

Top Financial Markets Articles

Displaying items 89-99
  • Judge bans investment manager from securities business

    Judge bans investment manager from securities business
    A federal judge has banned a Central Florida investment manager from the securities industry and fined him $660,000 for making false claims and using deceptive advertising about investment returns. Max J. Zavanelli, a longtime brokerage entrepreneur and...
  • U.S. says $9-billion BNP Paribas fine is warning to bank shareholders

    U.S. says $9-billion BNP Paribas fine is warning to bank shareholders
    With a record $9-billion fine against BNP Paribas, one of the world's largest banks, the Justice Department aimed Monday to send a clear message to bank shareholders everywhere. "The $9 billion that's walking out the door today is your money," FBI...
  • American Apparel CEO's playboy lifestyle overshadowed successes

    American Apparel's abrupt ouster of controversial Chief Executive Dov Charney may pitch the company into bankruptcy by triggering defaults on two outstanding loans, the retailer warned Thursday.  In an SEC filing, American Apparel said the board's...
  • SEC accuses Los Angeles firm Wedbush Securities of market-access violations

    SEC accuses Los Angeles firm Wedbush Securities of market-access violations
    The U.S. Securities and Exchange Commission on Friday accused Wedbush Securities Inc., a Los Angeles investment firm, of illegally allowing thousands of anonymous overseas traders to make billions of dollars' worth of secret trades. The civil lawsuit...
  • Stock market up marginally after last week's rally

    Stock market up marginally after last week's rally
    The stock market nudged higher Monday after a handful of U.S. companies announced deals. Family Dollar's stock jumped following news that investor Carl Icahn has taken a stake in the company. The Standard & Poor's 500 index was up five points, or 0.3...
  • Citi to pay $7 billion to settle mortgage securities probe

    Citi to pay $7 billion to settle mortgage securities probe
    Citigroup Inc has agreed to pay $7 billion to settle a U.S. investigation into shoddy mortgage-backed securities the bank sold in the run-up to the financial crisis, including the largest civil fraud penalty ever levied by the U.S. Justice Department....
  • With Citigroup paying up, will feds' attention now turn to BofA?

    With Citigroup paying up, will feds' attention now turn to BofA?
    With Citigroup Inc. agreeing to pay $7 billion for issuing toxic mortgage securities, the Justice Department now turns to settling its case against what analysts call the biggest mortgage miscreant of all: Bank of America Corp. The government has...
  • Philippines Typhoon Rammasun kills at least 10

    Philippines Typhoon Rammasun kills at least 10
    A typhoon killed at least 10 people as it churned across the Philippines and shut down the capital, cutting power and prompting the evacuation of almost more than 370,000 people, rescue officials said Wednesday. The eye of Typhoon Rammasun, the...
  • Stocks tumble on fears fueled by Portuguese bank's troubles

     Stocks tumble on fears fueled by Portuguese bank's troubles
    Stocks tumbled in early trading Thursday as the troubles of a leading Portuguese bank renewed concerns about the European banking sector. The Dow Jones industrial average fell about 150 points, or nearly 1%. The Standard & Poor's 500 index also was down...
  • Stock market grinds out gains in first half

    It was a slow grind, but U.S. stocks posted gains in the second quarter and first half, extending the bull run into a sixth year. In a surprise, investors also were rewarded for sticking with bonds, as interest rates resumed their decline after...
  • Debra Sherman, 1962-2014

    Debra Sherman, 1962-2014
    Debra Sherman worked as a reporter for wire services covering the financial markets and the health care industry for more than 20 years. After she was diagnosed with metastatic lung cancer in 2013, her bosses at Reuters encouraged her to start a blog on...