Three blondes walk out of a Monaco restaurant… No, this isn’t a sophomoric blonde joke or a scene from a James Bond movie. It is a very real scenario that earlier this week led to one of the most expensive accidents any car lover dare dream of. Well, this might give car lovers nightmares.
Traders are playing musical chairs these days, and not always willingly. A grim economy, wavering trading profits and looming regulatory changes are breaking up big trading operations and battering bottom lines.
Regulators of all stripes have been coming down on forex and futures frauds, including one that involves conservative Christian radio host Pat Kiley.
George Soros, the legendary Hungarian-born investor and loyal donor to liberal causes and politicians, is throwing in his hedge fund towel. Here is the Trader Daily top-10 list of George Soros career highlights.
A looming storm of subpoenas is setting the stage for a federal investigation of gas price manipulation.
While the masses clamor to get in the upcoming IPOs of bubbly hot-tech companies, it might pay off to avoid the IPO thrill-seeking crowd and strap on an unglamorous, but undervalued, shipping stock.
Being short Netflix (NFLX) has been a risky, if not foolish, proposition for quite a while now. That sentiment aside, Netflix committed the cardinal sin for a richly valued tech stock after the close of U.S. markets Monday by guiding lower on third-quarter profits and revenue.
It was only a matter of time before an ETF issuer tried to cash in on the social media craze.
Some analysts have opined that BP, Europre’s second-largest oil company, may want to consider breaking up in a bid to raise cash and unlock value
For those waxing nostalgic about the crazy IPOs that characterized the dotcom bubble, UBS is offering a pair of IPO-based exchange traded notes (ETNs) tracking its proprietary Internet IPO Index.
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