Investment Service News
Investment Services news continually updated from thousands of sources around the net.
34 min ago | News Times
Rajat Gupta , the former Goldman Sachs Group director convicted in a 2012 insider trading scheme tied to the Galleon Group hedge fund, agreed to surrender to prison authorities on June 17 to begin a two-year sentence, a federal judge in Manhattan said.
Trending on the Topix Network
4 hrs ago | National Public Radio
The suit says stock exchanges, investment banks and others defrauded investors by manipulating market data in favor of split-second stock-trading firms.
5 hrs ago | Reuters
A group led by private equity firm TPG Capital Management LP has agreed to invest $450 million in Airbnb Inc, valuing the online home-rental marketplace at $10 billion, a source familiar with the matter told Reuters.
9 hrs ago | InformationWeek
Intelligent Systems has been trademarked by s3o instruments since 2011. UBMtech & Microsoft has to cease and desist using trademarks held by their real owners.
13 hrs ago | KSAT-TV San Antonio
NIGHT'S RAIN. LESLIE, DAVID? THANK YOU, DETECTIVE. NEW THIS MORNING A SCHOOL PRESENTATION BRINGS BACK SOME DISTURBING MEMORIES FOR A TEEN-AGE GIRL.
U.S. Customs and Border Protection said Thursday that it has reached agreement with an investor group to clear the way for construction of the nation's first cross-border airport terminal connecting San Diego and Tijuana, Mexico.
A planned merger of Sprint Corp and T-Mobile US Inc could prompt U.S. regulators to rewrite rules they are now weighing for a 2015 auction of airwaves, according to sources familiar with the proposed plan.
Among the companies whose shares are expected to see active trade in Thursday's session are Goldman Sachs Group, General Electric Co., and Chipotle Mexican Grill Inc. is projected to report first-quarter earnings of $3.49 a share, according to a consensus survey by FactSet.
U.S. District Judge Jed Rakoff in Manhattan directed Gupta to surrender by 2:00 p.m. EDT on that date to start serving his sentence at an institution chosen by the Federal Bureau of Prisons, according to an order issued on Thursday.
In this Friday, June 29, 2012, file photo Specialists Frank Masello, left, and John T. O'Hara work on the trading floor of the New York Stock Exchange in New York shortly before the closing bell.
BlackRock Inc, the world's largest money manager, said on Thursday its first-quarter profit rose 20 percent, boosted by strong performance fees and strength in its retail business as investors poured money into long-term funds.
The Wall Street bank said its net income fell to $1.95 billion , or $4.02 per share, in the first three months of the year from $2.19 billion, or $4.29 per share, in the same period of 2013.
In January, news stories claimed that JPMorgan CEO Jamie Dimon got a 74% pay increase in 2013.
The 47-year-old Filo is among three board candidates hoping to be elected at Yahoo's annual meeting scheduled for June 25. Yahoo Inc. disclosed the candidates to fill recently vacated positions in a regulatory filing Wednesday.
Stephen Harper's former chief of staff, Nigel Wright, is relieved that the RCMP won't be laying criminal charges against him and is expected to move back into the private sector - but suspended Sen. Mike Duffy's future is much more uncertain.
Connecticut's Gold Coast is living up to its name, with a record $120 million sale of a waterfront estate in Greenwich leading an increase in sales of homes for more than $10 million.
According to a U.S. Federal Election Commission report, two billionaire hedge fund executives have joined Ameritrade founder Joe Ricketts' super-political action committee as it works to elect Republicans to the Senate and House, Bloomberg News has reported.