City trader Kweku Adoboli, who lost £1.4bn of Swiss bank UBS’s money, is jailed for seven years after being found guilty of two counts of fraud.
Read more from the original source: Seven years for £1.4bn UBS trader
Category : Business, World News
Category : Business
A trader with Swiss bank UBS accused of a £1.4bn fraud was charged with two further counts as he took the witness stand for the first time.
View post: VIDEO: UBS ‘rogue trader’ sheds tears
Category : World News
A City trader with Swiss bank UBS accused of a £1.4bn fraud is charged with two further counts as he took the witness stand for the first time.
Go here to read the rest: ‘Rogue’ trader faces new charges
Category : Stocks
More on Clarcor (CLC): FQ3 misses on all counts despite better sales, largely due to higher operating costs and a 3% jump in its tax rate. The company also lowers its FY12 EPS guidance to $2.35 – $2.45, down from the previous guidance range of $2.50 – $2.65, and below the consensus of $2.58. Shares -3.7% AH. 
Post your comment!
Category : Business, World News
Former tycoon Asil Nadir is found guilty of three counts of stealing millions from his company Polly Peck before fleeing the country two decades ago.
Go here to read the rest: Nadir guilty of Polly Peck theft
Category : Business
Russell Wasendort, Sr., former CEO of Peregrine Financial Group, arraigned in Northern Iowa federal court on 31 counts of inflating the value of his company.
Original post: PFG founder Wasendorf pleads not guilty
Category : Stocks
More on Cosi (COSI): Q2 misses on all counts on an overall decline in total sales. Net profit improved, but overall sales declined due primarily to locations closed during and subsequent to the 2011 second quarter as well as to a 1.3% decrease in comparable restaurant sales. Shares -5.8% AH. Post your comment!
The Empire State index is proof that manufacturing still counts in New York state
Read this article: Why the N.Y. Fed’s Empire State Survey Still Matters
Bosnian Serb military leader faces 11 counts of war crimes at UN court over Srebrenica massacre and siege of Sarajevo.
Excerpt from: Ratko Mladic goes on trial for genocide
Category : Stocks, World News
More on Lattice Semiconductor (LSCC): Q1 misses on all counts as margins and revenues slide. The company also says revenue from the current quarter will range from $72M – $75M. Street expectations are for revenue of $77M. Shares -4.7% AH. Post your comment!
See the original post here: More on Lattice Semiconductor (LSCC): Q1 misses on all counts as margins and revenues slide. The company also says revenue from the current quarter will range from $72M – $75M. Street expectations are for revenue of $77M. Shares -4.7% AH.