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SAC lawyers met prosecutors to argue against charges
ReutersNEW YORK (Reuters) - Steven A. Cohen's lawyers made their best case argument a month ago to federal prosecutors about why the hedge fund billionaire and his SAC Capital Advisors should not be charged with criminal wrongdoing in a long-running insider...Tags: Justice System, Labor Legislation, FBI, Mathew Martoma, Criminals
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Entertaining change: Sony to look at activist's spin-off idea
ReutersTOKYO (Reuters) - Few foreign activist investors have made much headway in forcing change in Japan, where a conservative corporate culture favors long-standing ties with banks, business partners and workers rather than shareholders seeking value....Tags: PlayStation, Sony Corp., Electronics, Samsung Group, Inflation and Deflation
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SAC's Martoma says U.S. impedes defense in fraud case
Reuters(Reuters) - Former SAC Capital Advisors portfolio manager Mathew Martoma said the government is impeding his ability to defend against criminal insider trading charges by trying to link him to an alleged long-running conspiracy for which it has only...Tags: Justice System, Mathew Martoma, Criminals, U.S. Securities and Exchange Commission, SAC Capital Advisors
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St. Joseph County finance board approves investment policy
South Bend TribuneSOUTH BEND -- The St. Joseph County Board of Finance members met today to vote on how to invest the county's savings, which averages between $100 million and $110 million. County Treasurer Mike Kruk said the adopted resolution brings county policy in...Tags: Investments, Money and Monetary Policy, Economy, Business and Finance, Finance
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Billionaire Peltz doubles down on snack food maker Mondelez
Tribune staff reportThe hedge fund management firm run by billionaire investor Nelson Peltz has doubled its stake in food and drink conglomerate Mondelez International Inc., according to a Securities and Exchange Commission filing Wednesday. Trian Fund Management LP...Tags: Berkshire Hathaway Inc., Kraft Foods Group, Inc., U.S. Securities and Exchange Commission
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Cheverus grad sentenced to 6 years in prison, fined $5 million for insider trading
Bangor Daily News, MaineA Portland native and former trustee of Cheverus High School was sentenced Monday in U.S. District Court to six years in prison for being part of an insider trading scheme that illegally earned investors $70 million. Anthony Chiasson, 39, of New York...Tags: Justice System, Defendants, FBI, Mutual Funds, Punishment
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Trinity posts massive Q1 revenue
The Bangkok PostTrinity Wattana Plc (TNITY), a holding company, reported total revenue for the first quarter of 351.5 million baht, more than half of last year's total revenue of 680.9 million. Total net profit for the first quarter was 95.2 million baht, or 81% of the...Tags: Earnings Forecasts, Thailand, Economy, Business and Finance, Bangkok (Thailand), Japan
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Three Janus Capital portfolio managers to leave
ReutersMay 13 (Reuters) - Three well-known portfolio managers will leave Janus Capital Group Inc, the Denver asset management firm said on Monday. The company said Ron Sachs, head of its Janus Twenty Fund and the Janus Forty Fund, would depart at the end of...Tags: Janus Capital Group Inc., Economy, Business and Finance, Finance
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ON THE MOVE-UBS hires Merrill private wealth team in Florida
ReutersBy Ashley Lau May 13 (Reuters) - UBS AG's Wealth Management Americas said it has hired two veteran private wealth advisers and their team from Bank of America Corp's Merrill Lynch in Florida to join UBS's Fort Lauderdale office. The Parker-Harrigan...Tags: Morgan Stanley Dean Witter & Company, UBS AG, Personal Finance, Melbourne, Fort Lauderdale
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Ignoring 'wellness' may cost workers
The Atlanta Journal-ConstitutionWhen Mohawk Industries wanted more employees to get free health screenings as part of its wellness program, it rewarded them with a $100-a-month contribution to their health savings accounts. Last year the Dalton flooring company sought greater...Tags: Conservation, Health Insurance Cost, Environmental Issues, Healthcare Provider, Employees
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RPT-DEALTALK-Some Verizon investors OK with paying premium for Vodafone stake
ReutersBy Sinead Carew and Kate Holton NEW YORK/LONDON, May 6 (Reuters) - Some shareholders of Verizon Communications Inc say they could be happy for the company to pay up to $130 billion for Vodafone Group Plc's stake in their U.S. wireless venture. Reuters...Tags: Ratings, Credit Ratings, Columbia Management Company, Economy, Business and Finance, Verizon Communications
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Apple goes big -- and gets it right
ReutersBy Danielle Robinson NEW YORK, May 3 (IFR) - Years of badgering Apple to consider the virtues of taking on debt finally paid off for the investment banking industry last week - and for two banks in particular - when the world leader in consumer...Tags: Deutsche Bank AG, Derivative Securities, Goldman Sachs Group, Inc., Microsoft Corporation, Bonds
May 23, 2013
|Story| Reuters
May 22, 2013
|Story| Reuters
May 21, 2013
|Story| Reuters
May 21, 2013
|Story| South Bend Tribune
May 15, 2013
|Story| Chicago Tribune
May 14, 2013
|Story| McClatchy-Tribune
May 14, 2013
|Story| McClatchy-Tribune
May 13, 2013
|Story| Reuters
May 13, 2013
|Story| Reuters
May 10, 2013
|Story| McClatchy-Tribune
May 7, 2013
|Story| Reuters
May 3, 2013
|Story| Reuters
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