File 2008/Getty Images(Photo by Mario Tama/Getty Images)Update at 5:03 p.m.: Trading is halted in RadioShack stock and the New York Stock Exchange has started the process to delist its shares. Shares ended trading at 24 cents on the NYSE. The company’s stock will continue to trade in the over-the-counter market.Related
RadioShack is expected to announce store closings
RadioShack’s small town strategy ruled
Schnurman: […]
A Hawaii district court has brought judgment against Ronald Zaucha, the chief executive officer of Left Behind Games and developer of the Christian-themed real-time strategy titles by the same name, the United States Securities and Exchange Commision said in a litigation release yesterday. Zaucha is liable for $2.6 million dollars in “disgorgement, interest and penalties,” and has been permanently banned […]
China’s stock market is tanking, and curbs on borrowed money are to blame – Quartz
Chinese investors at a brokerage in Anhui province on Jan. 19. (Reuters/Stringer)
SHAREWritten byLily Kuo@lilkuoJanuary 19, 2015Chinese stocks tumbled today, with the Shanghai Composite Index (SCI) down almost 8%, its biggest fall in a single day in six years. The culprit? A crackdown on margin trading, which […]
Spoofing, sometimes called “layering,” is a form of market manipulation where you pretend you want to sell a lot of stock, and everyone’s all, “Oh in that case I want to sell a lot of stock too,” and the stock goes down, and you actually buy a bit of stock instead, and you wait like a second and then pretend […]
The son of a millionaire Manhattan hedge fund founder who allegedly gunned down his dad over his allowance has been arraigned on a second-degree murder charge, authorities said.Thomas Gilbert Jr., 30, was also charged with criminal possession of a weapon and criminal possession of forgery devices in the Sunday killing of his 70-year-old father.New York City police said Thomas Gilbert […]
The New York Stock Exchange is back in play — and it may be sold lock, “stock” and building as soon as next year, The Post has learned.Big Board owner Intercontinental Exchange (ICE) is laying the groundwork. The latest all-out drive to make it more profitable, powered by better and faster technology — and a regulatory overhaul to regain market […]
Alibaba founder Jack Ma celebrates its September IPO at the New York Stock Exchange. (AP Photo/Mark Lennihan)
The IPO market is about to put a bow on its busiest year since 2000, but despite a number of huge successes the figures underlying a banner year show new entrants to the market are facing tougher grading from investors.With 273 U.S. IPOs […]
Jordan Kessler, the five-year-old son of trader Glenn Kessler, uses his father’s mobile phone and badge as he visits the floor of the floor of the New York Stock Exchange. Mohammed Islam, a 17-year-old high school senior, pretended to be a stock genius who made $72m but was unmasked. Photograph: Richard Drew/AP
Tall tales are nothing new in finance. The same […]
Mohammed Islam says he has made tens of millions of dollars in financial markets. Photograph: LinkedIn
A Stuyvesant high school senior who reportedly made more than $72m trading oil and gold futures has admitted he invented the tale as a hoax.Mohammed Islam, 17, told New York Magazine that he made enough to buy a BMW, rent a fancy apartment and turn […]
Mike Bird
Dec. 9, 2014, 10:20 AM
19,069
Bloomberg.comSee AlsoShanghai Stocks PlungedEuropean Markets Got CrushedThe Bond Market Doesn’t Look Ready For What’ll Likely Happen On December 17Stocks in Greece crashed on Tuesday. At the close, the Athens Stock Exchange Index was down a mindboggling 12.78%.That’s the worst fall since 1987.The steep decline comes after the announcement that Greece’s presidential elections are being brought forward […]
