Market News Stories
NEW YORK (Reuters) – U.S. coding site GitHub said it was deflecting most of the traffic from a days-long cyberattack that had caused intermittent outages for the social coding site, with the Wall Street Journal citing China as the source … Continue reading
WASHINGTON (AP) — Federal regulators filed civil fraud charges against prominent Wall Street executive Lynn Tilton and her investment firms, who are accused of concealing the poor performance of fund assets linked to loans to distressed companies. The Securities and … Continue reading
(Reuters) – American International Group Inc Chairman Robert “Steve” Miller intends to step down in July after five years in the role, the Wall Street Journal reported. The insurer’s directors have not yet decided on a replacement, but the next … Continue reading
By Anjuli Davies LONDON (Reuters) – Goldman Sachs International, the European arm of the Wall Street bank, saw compensation costs fall 20 percent in 2014 to $3 billion compared to a year earlier, according to its annual report. The number … Continue reading
Actor John Hodgman is goofing off with a friend. Famed venture capitalist Chris Sacca is taking questions while walking down the beach. And someone I don’t know at all — not even her name — is reporting on the building … Continue reading
Pending home sales jumped 3.1% in February, handily beating expectations of 0.3%. The index grew at its highest rate since August 2013. According to new data from Zillow (Z), the housing market will continue to soar this year. The Zillow … Continue reading
Bank shined on Monday, rallying 1.6 percent. And traders are now finding reasons for those stocks to really pick up steam. “These guys still look good from both a valuation perspective and earnings growth,” said Erin Gibbs, equity chief investment … Continue reading
U.S. stocks closed more than 1 percent higher on Monday amid encouraging talk of stimulus in Asia, as investors eyed the week’s economic data. “This would be the first back-to-back positive close we’ve had this month,” said Art Hogan, chief … Continue reading
FRANKFURT (Reuters) – McDonald’s Corp (MCD.N) is introducing table service in Germany as it reinvents itself as a “modern, progressive burger company” under new Chief Executive Steve Easterbrook. The world’s biggest fast-food chain has been testing myriad new ideas, including … Continue reading
WASHINGTON (Reuters) – Hedge fund mogul William Ackman, who has spent more than two years accusing Herbalife Ltd (HLF.N) of running a pyramid scheme, said on Monday that shutting down the company is “one of the most important things” he … Continue reading
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