Ex-Delta executive to pay more than $5 million over trades
A former Delta Air Lines Inc. executive will pay more than $5 million to settle charges that he profited improperly by manipulating trades in energy futures.
A former Delta Air Lines Inc. executive will pay more than $5 million to settle charges that he profited improperly by manipulating trades in energy futures.
An even larger semiconductor company is reportedly in talks to buy the world's fifth-largest chipmaker.
The consumer goods titan's capital returns will set records in fiscal 2017.
First Trust has rolled out two new actively managed exchange traded funds that target closed-end funds focused on income generation. First Trust recently launched the First Trust CEF Income Opportunity ETF (NasdaqGM: FCEF) and First Trust Municipal CEF Income Opportunity ETF (NasdaqGM: MCEF). FCEF has a 2.5% total expense ratio and MCEF has a 1.91% […]
Both Clinton and Trump have taken exception to drug price inflation this election season, and that's bad news for Valeant.
Don't panic and sell while Wells Fargo is down in the dumps.
Oil futures climbed for a second session in a row on Thursday, finding continued support in the wake of the Organization of the Petroleum Exporting Countries' preliminary agreement to scale back production.
Och-Ziff Capital Management will pay nearly $200 million to the Securities and Exchange Commission, as well as a criminal penalty of $213 million to the Justice Department, over allegations the fund used intermediaries, agents, and business partners to pay bribes to high-level government officials in Africa.
Industry Focus shares two companies that prove why free cash flow is such an important metric for investors to understand.
Contracts to buy previously owned U.S. homes dropped in August to their lowest level since January, a warning sign for the economy as the industry struggles to boost supply.
The National Association of Realtors reports contracts to buy previously-owned homes fell 2.4% last month. Economists expected the percentage to be unchanged.
U.S. stocks opened lower on Thursday as the initial enthusiasm for a preliminary agreement on an oil-production cap between the members of the Organization for the Petroleum Exporting Countries faded, helping to dull demand for stocks.
A New Jersey Transit train derailed and crashed through the station in Hoboken, New Jersey during the morning rush hour on Thursday and there were reports of injuries, according to U.S. media reports and photos on social media.
A train crashed at the Hoboken, N.J., rail station early Thursday, causing NJ Transit rail service and PATH train service in and out of the station to be suspended, according to Twitter posts from New
Find out what has sent these winners higher and whether they have more room to run.
The satellite radio monopoly keeps its sports talk radio star on board.
Johnson & Johnson has some oncology drug surprises up its sleeves that could drive further upside for this great stock.
Moody's upgraded J.C. Penney's credit rating by two notches this week. But investors appear to be more skeptical about the department store company's turnaround.
U.S. stocks opened slightly lower as oil prices lost ground and investors assessed a set of economic data ahead of Federal Reserve Chair Janet Yellen's speech.
China stocks rose on Thursday, led by energy shares, but turnover in Shanghai was near a four-month low as traders braced for a long holiday.
Danish drug maker Novo Nordisk says it plans to lay off some 1,000 employees globally to reduce operating costs because of "a challenging competitive environment, especially in its large US market." One of the world's leading makers of diabetes medicines says half the job cuts are expected to be in Denmark.
Wells Fargo's CEO, newly stripped of tens of millions in compensation in a scandal over sales practices, will face lawmakers with more defenses than he had in the last round, when some senators called for his resignation.
Volkswagen expects sales of its VW-branded cars to rise this year, brand chief Herbert Diess said on Thursday at the Paris car show.
Goldman Sachs said the deal reached by OPEC crude producers on Wednesday to curb output should add $7 to $10 to oil prices in the first half of next year.
If you want to order a new iPhone 7 online, you'll have to wait a bit for it to ship.
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