| Oct 17, 2013
| 7:53 AM
The other day we examined a claim by the New York Times that Jamie Dimon, the chairman and chief executive of the serial lawbreaking bank company JPMorgan Chase, was supported in his job by "the people who matter" -- defined as "investors, analysts, board...
| Jul 11, 2013
| 1:17 PM
Silver Eagle Acquisition Corp., an investment shell company founded by longtime media heavyweights Harry Sloan and Jeff Sagansky, plans to raise $250 million through an initial public offering.
Silver Eagle said it would sell 25 million shares at $10 a...
| Jul 17, 2013
| 6:44 PM
AeroVironment Inc., hurt by a drop in military contracts for its tiny drones, got a shot in the arm from a new investment company that wants to wean it from the government trough and move its products more into the commercial market.
Engaged Capital, an...
| Jul 19, 2013
| 7:32 PM
In April 2004, Rajat Gupta gave a talk at Columbia University. One student asked the former global managing director of McKinsey & Co. for his views on money and wealth creation. "Yeah, I am driven by money.... However much you say that you will...
| Jul 23, 2013
| 6:30 AM
Federal authorities are trying to topple Steven A. Cohen from his heights as one of the world’s top hedge fund managers by stripping him of the right to invest other people’s money.
Could fighting the non-criminal proceeding that the...
| Aug 6, 2013
| 7:47 PM
In twin securities-fraud lawsuits against Bank of America Corp., the federal government is accusing the nation's second-largest lender of lying to investors about supposedly prime loans that more closely resembled subprime "liar loans."
The civil suits,...
| Aug 6, 2013
| 10:09 AM
UBS will pay $50 million to settle charges by the U.S. Securities and Exchange Commission that the Swiss bank misled investors, the regulatory agency announced Tuesday.
UBS Securities was accused of violating securities laws while structuring and...
| Aug 14, 2013
| 12:27 PM
MGM Holdings Inc., the parent of Metro-Goldwyn-Mayer Inc., reported net income of $35.9 million for its fiscal second quarter ending June 30.
The Beverly Hills-based film and television company's revenue rose dramatically -- by 164% -- to $339 million....
| Aug 14, 2013
| 5:15 PM
NEW YORK — The bank's infamous "London whale" trades involved complex financial products, but prosecutors alleged that a cover-up by former JPMorgan Chase & Co. employees involved simple lies.
The accusation was part of criminal charges filed...
| Aug 25, 2013
| 8:00 PM
Muriel Siebert, whose success as one of Wall Street's early, influential female analysts earned her the contacts and nest egg to become the first woman to buy a seat on the New York Stock Exchange, has died. She was 84.
Siebert died Saturday of...
| Aug 22, 2013
| 6:29 PM
NEW YORK — The Nasdaq Stock Market suffered a distressing three-hour outage that halted trading in some of the nation's leading companies, the latest in a series of embarrassing glitches that have exposed technological weaknesses across Wall Street....