Giant hedge fund SAC Capital has agreed to plead guilty to criminal charges of insider trading and pay $1.8 billion to settle them, the US Attorney’s office announced Monday. SAC, run by multi-billionaire Steven A. Cohen, also agreed to give up its…
Giant hedge fund SAC Capital has agreed to plead guilty to criminal charges of insider trading and pay $1.8 billion to settle them, the US Attorney’s office announced Monday. SAC, run by multi-billionaire Steven A. Cohen, also agreed to give up its…
Financial services behemoth Morgan Stanley (NYSE:MS) reported strong second quarter earnings with profits rising 47%, pushing Morgan Stanley stock higher. The firm generated $15 billion in revenue, an 11% year-over-year...
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