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Rajat Gupta ordered to pay Goldman Sachs $6.2 mn

Source: Business Balla   |   Feb 25 2013, 9:52pm CST

Rajat Gupta ordered to pay Goldman Sachs $6.2 mn
New York, Feb 26 (IANS) Rajat Gupta, the former Indian-American director of Goldman Sachs convicted of insider trading, has been ordered to pay the bank more than $6.2 million for legal expenses connected to his case.
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Soros Fund Discloses New Position in SDL Plc

Source: Market Folly  |   Jun 19 2013, 2:02pm CDT

Updates on what top hedge funds are investing in George Soros' family office Soros Fund Management has disclosed a new position in London listed SDL plc (LON:SDL). Due to trading on June 18th, Soros Fund now own the equivalent of 3.62% of SDL's voting r ...

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Latest stories

NRI lawyer wins Iran bank case in British Supreme Court (With Image)
NRI lawyer wins Iran bank case in British Supreme Court (With Image)
London/Mumbai, June 19 (IANS) Mumbai-born Parsi lawyer Sarosh Zaiwala Wednesday notched a remarkable success in a bank case in the British Supreme Court, with major ramifications on the international banking system, an official said.
 
Over 8,000 held for food crimes in China
Over 8,000 held for food crimes in China
Beijing, June 19 (IANS) More than 8,200 people have been arrested in China since a crackdown on food safety crimes was launched in January, authorities said Wednesday.
 
Bharti Airtel to invest $125 mn in Gabon
Bharti Airtel to invest $125 mn in Gabon
Libreville (Gabon), June 19 (IANS) India's Bharti Airtel will invest $125 million more in Gabon to develop the communications network in the central African country.
 
 

Lee Cooperman Says Market Fairly Valued, Talks Stocks He's Been Buying (Interview)

Source: Market Folly  |   Jun 19 2013, 2:02pm CDT

Updates on what top hedge funds are investing in Lee Cooperman of hedge fund firm Omega Advisors made an appearance on CNBC today to talk about what he's been buying and what his portfolio looks like. Cooperman thinks ...

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Buy Red Hot Spectrum Brands At A Discount Through Harbinger

Source: Seeking Alpha  |   Jun 19 2013, 1:37pm CDT

Spectrum Brands (SPB) is a diversified consumer products company that sells everything from Rayovac batteries to Remington electric shavers, and even the once ubiquitous George Foreman grill, which still enjoys a strong followi ...

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5 Stocks Insiders Love Right Now

Source: The Street  |   Jun 19 2013, 1:25pm CDT

But insiders usually buy their own shares for one reason: They think the stock is a bargain and has tremendous upside. The key word in that last statement is "think." Just because a corporate insider thinks h ...

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Understanding momentum in stock returns

Source: CBS News  |   Jun 19 2013, 1:16pm CDT

(MoneyWatch) In 1993, Eugene Fama and Ken French released a paper explaining that stock returns are primarily due to three factors: market risk, size risk and value risk. However, this Fama-French three-factor model doesn't account for all stock retu ...

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European hedge funds struggle to break into U.S. market

Source: Reuters  |   Jun 19 2013, 1:11pm CDT

MONTE CARLO, Monaco, June 19 (Reuters) - European and Asian hedge fund firms are finding the potentially lucrative U.S. market impossible to ignore, but as tough as ever to negotiate. Delegates at the ann ...

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Democratizing Wall Street: Inspired by 'Hoofy & Boo,' 'Seasonal Odds' Aims to Level the Playing Field

Source: Minyanville  |   Jun 19 2013, 1:10pm CDT

Most people at the US Federal Reserve would understandably be reluctant to admit that they first learned about financial markets from an animated talking bear. Likely most did not. But I am the front end of a very different ge ...

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Latest from the Network

Nashville Loses a Key Player for Season 2
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