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Shares of Apple top $700 for the first time

Shares of Apple moved above $700 for the first time ever Tuesday morning, boosted by a strong reception for the latest version of its popular iPhone.

 

Judge temporarily blocks Stock Act

A federal judge Thursday temporarily blocked the government from enforcing a new insider trading law that would require about 28,000 executive branch employees to disclose details of their financial transactions on the Internet.

 

NYSE to Pay $5 Million to Settle Favoritism Charges

The New York Stock Exchange said it will pay $5 million to resolve U.S. regulatory charges that it gave certain customers “an improper head start” on trading information.

 

Trader on trial over £1.4bn loss

The trial of a former trader accused of causing the largest unauthorised loss in British history - £1.4bn at UBS - will start later.

 

Apple Stock Jumps on $1B Samsung Verdict

Apple’s $1 billion court win against Samsung is translating into a much bigger jump in its market value. Apple shares are up $19, or 2.9 percent, at $682.22 in premarket trading Monday. That boosts Apple Inc.’s market capitalization by $18 billion.

 

Dow Heads Toward First Weekly Loss in Seven

Stocks inched higher after a mixed reading on orders for durable goods, but the Dow remained on track for its first weekly loss in seven.

 

Stocks end higher despite weak China data

Stocks closed Friday higher even as a raft of weak data from China signaled a slowing global economy.

 

Stock market is ending the week on a sour note

Stock Market

Stocks are opening lower on Wall Street, deflated by signs that the global economic meltdown is being felt across Asia... China reported sharply lower growth in its exports. The so-called fiscal cliff, when U.S. government spending cuts and higher taxes kick in on Jan. 1, looms larger now that the distraction of earnings season is over.

 

S&P 500 up for fifth session; Wall Street near four-year highs

Stocks edged slightly higher on Thursday, up for a fifth session, on better-than-expected jobless claims and trade data in the United States and hopes of further stimulus action from China's central bank.

 

Knight losses estimated at $270 million after taxes: CEO letter

Trading losses at Knight Capital Group Inc were about $270 million after taxes from the August 1 software glitch that sent the firm scrambling for a financial lifeline, Chief Executive Tom Joyce told clients in a letter.

 

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