Posts from the ‘Uncategorized’ Category
Uncomplicated Trading Advise
Today’s News- Panel Details Charges Against RangelThe House ethics committee charged Rep. Charles Rangel with 13 counts of breaking House rules, launching disciplinary proceedings that could put one of the Democratic Party's prominent figures on public trial just before voters go to the polls this fall.
- Citi Pays for Subprime FeintCitigroup will pay $75 million to settle regulatory charges that it failed to disclose $40 billion in subprime exposure to investors in the second and third quarters of 2007.
- Google Search Blocked in ChinaGoogle said its search engine was "fully blocked" to users in mainland China, the first time that has happened since Google stopped self-censoring its search results in March.
- Wyly Brothers Face SEC Fraud ChargesThe SEC filed charges against two brothers, accusing them of reaping more than $550 million in undisclosed gains while sitting on corporate boards by trading stock in those companies through hidden entities in foreign jurisdictions.
- Stocks: Down Day, Strong JulyThe Dow industrials fell 30.72 points amid disappointing revenues from utilities and consumer companies. But blue chips remain on track for their best month since July 2009.
- Justice Department Sues Oracle for FraudThe U.S. Justice Department accused Oracle of defrauding the federal government on a software contract that involved more than $1 billion in sales.
- Toyota Recalls: How Bad Is The Damage?Forecasts of Toyota's results for July hint at how much damage the recalls have done and at how deep the company's troubles may run.
- Exxon Profit Soars 91%Exxon earnings jumped as the oil giant rebounded from the prior year's weak performance on higher commodities prices and improved refining margins.
- Reliance, Universal Studios in Talks on Theme Park in IndiaIndia's Reliance ADA Group is in talks with Universal Studios, a unit of General Electric, to build a $1.5 billion integrated theme park and resort in India.
- Intel Wins Ruling in Antitrust Class-Action CaseIntel won a key ruling in a suit against the company on behalf of computer buyers, which found no evidence that consumers have been hurt by the company's discounting practices in the market for computer chips.
- Panel Details Charges Against Rangel
