Gupta Makes Case for Appeal

Related Link: 

Rajat Gupta asked a federal appeals court to set aside his insider-trading conviction because he said wiretaps were improperly allowed as evidence.

Best Buy Swings to Loss

Related Link: 

Best Buy posted a quarterly loss as it ramped up cost-cutting and revenue continued to slide. Online sales improved, however.

Prosecutors Weigh Use of RICO in SAC Case

Related Link: 

It is rare for an investment firm to be charged under the Racketeer Influenced and Corrupt Organizations Act, a powerful legal tool used against the Mafia and drug gangs.

Philip Morris to Buy Mexican Unit

Related Link: 

Philip Morris International has agreed to buy the 20% that it doesn't already own in its Mexican tobacco business for about $700 million. The stake is currently held by Grupo Carso SAB, a conglomerate founded by Carlos Slim.

LPL Fined $9 Million for Email 'Failures'

Related Link: 

LPL Financial agreed to pay at least $9 million to end allegations by regulators that the brokerage firm was plagued by "systemic email failures" but did too little to fix them.

NetApp Unleashes Dividend as Profit Falls 4%

Related Link: 

NetApp launched a dividend and promised to raise payouts to shareholders through stock buybacks, calming investors as a weak information-technology market threatens its earnings.

Denso Executives in Price Fixing Plea

Related Link: 

Two more executives of a Japanese auto parts maker have agreed to plead guilty to fixing prices on new-car parts and will spend more than a year in a U.S. prison.

Vodafone to Spend Verizon Dividend

Related Link: 

Vodafone said it will keep the $3.15 billion dividend payment it will receive from Verizon Wireless and plow it into its flagging operations in Europe, which weighed heavily on the mobile operator's full-year profit.

Lawsuit Chills Carfax Owner's Potential Sale

Related Link: 

A lawsuit brought by auto dealers has put a chill on the potential sale of R.L. Polk & Co., owner of the used-car shopping tool Carfax, according to people familiar with the matter.

H&M: Clothing Made in Accident-Hit Cambodia Factory

Related Link: 

Swedish fast-fashion retailer Hennes & Mauritz said that some of its clothing was produced in a Cambodia factory where 23 people were injured in an accident on its premises Monday.

Syndicate content