Toro Mows Down Analysts
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The lawnmower company has a sharp quarter.
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Amaranth Advisors, the US hedge fund that lost about $6bn betting on gas prices, seeks help as it liquidates its remaining assets.
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Monster Worldwide Inc.  on Wednesday said its board fired the company's general counsel for cause related to its internal stock option investigation.
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Monster Worldwide Inc. has fired its general counsel in connection with its internal stock option investigation, the parent company of the leading jobs Web site said on Wednesday.
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Monster Worldwide Inc. on Wednesday said its board fired the company's general counsel for cause related to its internal stock option investigation.
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Lawn-care equipment maker Toro Co. on  Wednesday reported stronger-than-expected quarterly earnings  and doubled its dividend, citing increased sales and cost  controls.
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Unrest hits output; workers fight plan to slash 12,000 positions, say losses due to mismanagement.
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Wall Street equity analysts have had their share of problems in recent years, from regulatory heat to budget cuts to a loss of star power and prestige.
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Nortel Networks said on Thursday it will slash its work force by 3,500, or 10 percent, as it struggles to recover from an accounting scandal that toppled three top executives and led to a criminal investigation and lawsuits.
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In the four days since New York Attorney General Eliot L. Spitzer alleged that brokers and corporate insurance carriers were engaged in bid-rigging and secret payoffs, three big industry players have dropped the commissions that Spitzer blamed for the problems.
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The brokerageâs $7.9 billion write down raised questions about E. Stanley OâNealâs leadership and the ability of his top executives to manage the risky assets on the firmâs balance sheet.
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Carlos Ghosn said the Japanese automakerâs board members will forgo their bonus pay to take responsibility for poor performance.
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It was less than two years ago that Wall Street analysts Jack Grubman and Henry Blodget paid $19 million in fines and were banned from the securities industry for life to settle allegations that they'd promoted stocks like WorldCom and Global Crossing as the telecom companies swan-dived into an empty swimming pool. Shortly after that, in April 2003, 10 of ...
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Amaranth Advisors LLC, the hedge fund manager which lost billions of dollars in energy trades, will suspend redemptions and liquidate its remaining positions, the company said in a letter made available to Reuters on Friday.
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Investigators looking into price manipulation in the natural gas industry charged five former traders Monday, and for the first time accused workers from different companies of colluding to move the market.
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Business & money: Row blows up over payoffs for executives of tube maintenance firm that went into administration.
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Despite reporting record profits the chipmaker plans on cutting the base pay of its technical support staffers to compensate for the money it stood to lose by being forced to pay overtime.