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2010-09-03 05:10
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Archive for the ‘Options Trading’ Category

Afternoon Tea

Quite a boring day in the markets today waiting on earnings.  Alcoa (AA) starts things off today following the close.  Many fee the coming earnings reports will determine the near term movement in the market.  The slightly bullish tone to this point is leftover from the weekend news that a loan agreement will be made available to Greece.  Other than that, not much news to report.

John Malkovich Seeks Bigger Madoff Return

John Malkovich, the actor, is seeking to recover $2.3 million from an account he had with the securities firm of Bernard L. Madoff.

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Some Claims Dismissed for Ex-Qwest Officials

A judge threw out some claims in a civil suit filed by the Securities and Exchange Commission against Qwest’s former chief, Joseph P. Nacchio, and others.

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$14 Million for Stanford Victims Fund

Sales of assets in Panama by the Securities and Exchange Commission will be used to repay investors in the suspected fraud by Stanford Financial Group.

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Dell Is in Talks With S.E.C. Over an Inquiry

Dell said that several of its former employees had been told they may face some sort of action by financial regulators related to a long-running inquiry of the company’s accounting.

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Daimler Bribery Settlement Is Approved

The carmaker has agreed to pay $185 million in fines and it will remain subject to a two-year deferred prosecution agreement.

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