| Citigroup paying $75M to settle civil charges
(AP) |
AP - 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. |
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| SEC accuses Dallas investors of insider trading
(AP) |
AP - Famed Dallas billionaire investors Sam and Charles Wyly made $550 million in undisclosed profits through 13 years of insider trading in the shares of companies on whose boards they served, according to a Securities and Exchange Commission lawsuit filed Thursday. |
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| SEC charges Wyly brothers with $550 million fraud
(Reuters) |
Reuters - 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. |
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| Citigroup to pay $75 million to settle SEC charges
(Reuters) |
Reuters - 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.
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| Stocks fall amid uncertainty over the economy
(AP) |
AP - Stocks ended an erratic day with a modest loss Thursday as investors tried to reconcile another batch of conflicting economic signals.
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| How the major stock indexes fared on Thursday
(AP) |
AP - Stocks ended a choppy day with a modest loss Thursday as investors tried to reconcile another batch of conflicting economic signals. Investors are torn between upbeat earnings news from companies and reports that point to an uncertain recovery. Traders were also uneasy ahead of the first reading on U.S. gross domestic product for the April-June quarter, to be released Friday. |
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| Wall St falls on tech outlook worries
(Reuters) |
Reuters - 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.
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| A look at global economic developments
(AP) |
AP - A look at economic developments and activity in major stock markets around the world Thursday: |
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| FTSE shares slip despite strong company results
(AFP) |
AFP - 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.
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| Cisco briefly halted after circuit breaker
(Reuters) |
Reuters - Trading in Cisco Systems Inc shares was briefly halted on Thursday after triggering a circuit breaker. |
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| CA-CANADA Summary
(Reuters) |
Reuters - Proposed Canadian regulations to cut emissions from cars and trucks may have little to no effect as early "action credits" banked by automakers may be able to carry them through the compliance period, an environmental think tank said on Thursday. |
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| Stocks up on AstraZeneca, Bayer, telecom earns
(AP) |
AP - World stock markets mostly rose Thursday after another batch of positive earnings and further evidence that Europe's economy is recovering faster than previously expected.
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