News

Asia stocks fall as data takes shine off earnings

Fri 1:04am  Asian markets fell Friday, overlooking strong earnings from some of the region's biggest companies as Japanese shares tumbled on a strong yen and dour economic figures ahead of a key U.S. growth report.

SEC accuses Dallas investors of insider trading

Thu 11:02pm  - Sam and Charles Wyly, Dallas billionaire investors known for their support of conservative candidates and causes, made $550 million in undisclosed profits through 13 years of insider trading, according to a Securities and Exchange Commission lawsuit filed Thursday.

Citigroup to pay $75 million to settle SEC charges

Thu 9:46pm  Citigroup Inc will pay $75 million to settle charges that it failed to disclose subprime exposure to investors in 2007, the U.S. Securities and Exchange Commission said on Thursday.

Citigroup paying $75M to settle civil charges

Thu 8:50pm  Banking titan Citigroup Inc. is paying $75 million to settle civil charges that it misled investors about its potential losses from subprime mortgages as the housing bust hit in 2007.

SEC charges Wyly brothers with $550 million fraud

Thu 7:52pm  The Securities and Exchange Commission charged billionaire Samuel Wyly and his brother Charles with fraud for reaping more than $550 million of illicit gains by trading stock in four companies while they were serving as directors.

Stocks fall amid uncertainty over the economy

Thu 5:38pm  Stocks ended an erratic day with a modest loss Thursday as investors tried to reconcile another batch of conflicting economic signals.

How the major stock indexes fared on Thursday

Thu 5:15pm  une quarter, to be released Friday.

Wall St falls on tech outlook worries

Thu 5:06pm  U.S. stocks sagged in volatile trading on Thursday after weak outlooks from technology companies and downbeat comments from a Federal Reserve official gave investors little reason to buy.

A look at global economic developments

Thu 4:53pm  - A look at economic developments and activity in major stock markets around the world Thursday:

FTSE shares slip despite strong company results

Thu 12:46pm  Leading shares in London slipped lower on Thursday, giving up early gains as Wall Street reversed direction despite a series of strong company results and economic data, dealers said.