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Financial Service News

Financial Services news continually updated from thousands of sources around the net.

39 min ago | Reuters

Ex-Nvidia manager settles U.S. SEC charges on illegal tips

A former accounting manager for Nvidia Corp has settled with the U.S. Securities and Exchange Commission over allegations he leaked non-public information about the chipmaker that allowed a group of Wall Street analysts to make millions through illegal trades, the SEC announced on Wednesday.

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Related Topix: Securities and Exchange Commission, Corporate / Securities Law, Law, US Securities and Exchange Commission, Second Circuit Court of Appeals, US News

Wed Apr 23, 2014

The Hartford Courant

Bipartisan group slams U.S. SEC for resisting email privacy reform

A coalition of liberals and conservatives is lashing out at the U.S. Securities and Exchange Commission for pushing back against legislation that would force government agencies to get warrants before they access the email of people under investigation.

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Related Topix: Securities and Exchange Commission, Corporate / Securities Law, Law, US Securities and Exchange Commission, Privacy, US Politics, US News, Barack Obama, Ansonia, CT

Reuters

Valeant, Ackman offer to buy Botox maker Allergan for $47 billion

Canada's Valeant Pharmaceuticals International Inc said on Tuesday it and activist investor Bill Ackman made an unsolicited $47 billion bid to buy Botox maker Allergan Inc as it seeks to become one of the world's five biggest drug companies.

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Related Topix: Allergan, Biotech, AckmanZiff Real Estate Group, Wall Street Systems

Albany Times Union

Wellness programs grow more popular with employers

In this Thursday, April 10, 2014 photo, Dominion Resources Inc. nuclear power station plant manager, Roy Simmons talks about his participation in a wellness program at the plant in Surry, Va.

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Related Topix: Dominion Corp, Banking, Dime Community Bancshares, Surry, VA

Knoxville News Sentinel

Correction: Earns-Discover Financial story

In a story April 22 about Discover Financial earnings, The Associated Press reported erroneously that the company plans to launch a direct checking service next year.

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Related Topix: Discover Financial Services

Reuters

Goldman buys Westpeak in drive for 'smart beta' assets

The deal, disclosed on Tuesday, comes as Goldman is working to bulk up its asset management unit, partly by strengthening its quantitative product offerings.

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Related Topix: Goldman Sachs, Investment Services, Financial Markets, Boulder, CO

News Times

Europe recovery shows signs of strengthening

The July 5, 2012 file photo shows a sunflower sitting in front of the Euro sculpture in Frankfurt, Germany.

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Related Topix: World News, Germany, Banking, European Central Bank

WOWT-TV Omaha

TD Ameritrade Earnings

The Omaha, Nebraska, based company is likely to report positive news because investors have been active in the first three months of the year.

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Related Topix: Ameritrade Holding, Investment Services, TD Ameritrade, Omaha, NE

WTOP-FM Washington

Earnings and corporate deals lift US stocks

Allergan surged after Valeant Pharmaceuticals said it had teamed up with activist investor Bill Ackman to make a bid for the Botox maker.

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Related Topix: Financial Markets, Motorcycles, Harley-Davidson Motorcycle, Federated Investors, Investment Services

Tue Apr 22, 2014

Greenwich Citizen

FBI investigates suspected serial child molester

This combination of photos provided by the Federal Bureau of Investigation shows William James Vahey in 2013, left, and 2004.

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Related Topix: US News, US Federal Bureau of Investigation, Luverne, MN, US Bancorp, Banking, Nicaragua, World News, Central America

WLOX-TV Biloxi

Trustmark profits rise as credit quality improves

Regional bank Trustmark Corp. says profit in 2013's fourth quarter rose 17 percent from the same three months of 2013, aided by gains from an earlier merger.

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Related Topix: Trustmark, Banking

ABC News

Discover Financial's Profit Declines 6 Pct. in 1Q

Discover Financial Services says its net income fell 6 percent in the first three months of the year as the company set aside more money to cover potential loan losses, offsetting loan growth.

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Related Topix: Discover Financial Services

Daily Press & Argus

Seven Georgians challenging state's gay marriage ban

Shelton Stroman, right, and partner Christopher Inniss, left, help their son Jonathan, 9, with homework in the couple's kitchen, Thursday, April 17, 2014, in Snellville, Ga.

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Related Topix: Gay/Lesbian, Georgia, Snellville, GA, US News, Goldman Sachs, Investment Services, Transgender

The Washington Post

Former Deutsche Bank Salesman Admits Bribery in Tokyo Court

Former Deutsche Bank AG salesman Shigeru Echigo admitted to bribery charges in Tokyo and said he acted on instructions from his managers, as authorities push brokerages to be more judicious in entertaining clients.

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Related Topix: Banking, Deutsche Bank AG, Pension, Business News

Business Wire

Press release distribution, EDGAR filing, XBRL, regulatory filings

All of t... )--Equity LifeStyle Properties, Inc. today announced results for the quarter ended March 31, 2014.

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Related Topix: ChannelAdvisor, Science / Technology, Internet, Banking, Bank of Hawaii, Equity Lifestyle Properties, Exactech, Medicine, Medical Equipment, Healthcare Industry, Providence, RI

Mon Apr 21, 2014

KSAT-TV San Antonio

San Antonio police officer shoots, kills robbery suspect

INVOLVED SHOOTING ON THE WEST SIDE OF THE CITY. THE SHOOTING HAPPENS JUST INSIDE LOOP 410 ALONG CULEBRA ALONG A SAN ANTONIO FIRE STATION JUST AFTER 8:00 TONIGHT.

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Related Topix: San Antonio, TX, Violent Crime, US Global Investors, Investment Services

KSWO

BancorpSouth sees profit continue to rise

Regional bank BancorpSouth Corp. saw profit rise for the third quarter in a row, jumping 37 percent in 2014's first quarter from the same three months in 2013.

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Related Topix: BancorpSouth, Banking

ABC News

Caterpillar CEO's Compensation Cut to $12 Million

Caterpillar Inc. cut the value of its CEO's pay package by 32 percent to $12 million in 2013, a year when the heavy machinery maker saw its profits fall by a third, according to an Associated Press analysis.

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Related Topix: Manufacturing, Construction, Insurance, Caterpillar, US Securities and Exchange Commission

West Australian

Ackman, Valeant buy stake in Allergan, eye takeover

Activist investor William Ackman and Canadian company Valeant Pharmaceuticals established a joint venture with an eye towards acquiring botox maker Allergan, according to a securities filing Monday.

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Related Topix: US Securities and Exchange Commission

MSN Money

Futures flat as investors await earnings onslaught

U.S. stock index futures were very slightly higher on Monday as investors found few reasons to keep buying following a strong rally last week and ahead of a heavy week of corporate earnings releases.

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Related Topix: Stanley, Banking, Suntrust Banks

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