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Recent Trading NewsPosted on February 8, 2010 at 1:53 pm in Online Trading
A judge has promised to decide by the end of next week whether to approve a $150 million settlement between the Securities and Exchange Commission and Bank of America over civil charges alleging the bank misled shareholders when it acquired Merrill Lynch last year.
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Posted on February 8, 2010 at 5:03 am in Online Trading
CVS Caremark Corp., one of the nation’s biggest drugstore operators, said Monday its profit rose 11 percent in the fourth quarter as results improved for its pharmacy benefits management business.
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Posted on February 7, 2010 at 10:14 pm in Online Trading
India’s economic growth will hit 7.2 percent for the fiscal year ending March, up from 6.7 percent the previous year, the government said Monday.
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Posted on February 7, 2010 at 7:25 pm in Online Trading
CIT Group said Sunday it has chosen former Merrill Lynch CEO John Thain to lead the company as chairman and CEO as the commercial lender continues to restructure its business following a brief stay in bankruptcy protection last year.
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Posted on February 7, 2010 at 1:23 pm in Online Trading
U.S. regulators are investigating whether the mortgage insurance market was improperly distressed in 2008 because of payment demands that Goldman Sachs Group Inc and other banks made on American International Group Inc , The New York Times reported on Sunday.
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