The U.S. indicts Swiss bank Wegelin on tax evasion charges. (Reuters) Fed president Richard Fisher says there is no need for QE3. (Reuters) Panasonic posts a quarterly loss of $2.6 billion. (Reuters)…
Earnings season is still upon us. There are going to be many big earnings reports Thursday and we would consider Thursday as the climax for the companies reporting their normal fourth quarter…
In 1969, CME Group Inc. (NASDAQ: CME) established a trust fund to help investors who were hurt when a brokerage failed. Over the years, CME has used the trust to fund its…
Paul Ausick A CME (NASDAQ: CME) executive says Jon Corzine knew about money that MF Global transferred to European accounts. (Reuters) Accounting problems at Olympus may make it a takeover target. (Reuters) Italian bond yields hit…
Officials at CME Group (NASDAQ: CME) have given the Justice Department documents that may prove former MF Global CEO Jon Corzine knew his firm lent customer money to its operations in Europe. Corzine had…
MF Global Holdings Ltd. (NYSE: MF) has been halted pending news this Monday. Workers may be allowed into the offices, but the firm is being cut off from transacting business. The company…
In what appears to be a counterintuitive move, CME Group (NASDAQ: CME) today raised its margin requirements for copper futures contracts. The requirement rose by 15%, from $6,750 to $7,763 for an…
The federal government begins to probe the accounting of several Chinese companies. (Reuters) EU markets to decline more this quarter than in any other since 2008. (Reuters) Bank of America (NYSE: BAC)…
Most investors either do not know of the National Stock Exchange or they forgot about the Cincinnati Stock Exchange. This was became the first all-electronic exchange in the U.S., back in 1980. …
Foreign oil companies may have to give up natural gas rights in Iraq. (Reuters) Several large pharma firms are in the early stages of an attempt to find new and more effective…
Just two weeks after raising margin requirements on its 100-ounce gold contract, CME Group Inc. (NYSE: CME) has bumped the requirement again by 27%. It now costs a non-commercial (speculative) buyer $9,450…
Steve Jobs resigns as CEO of Apple (NASDAQ: AAPL) and will be chairman. Tim Cook to take over as CEO. (Reuters) Gold falls sharply and may be hurt by CME (NASDAQ: CME)…
If you can count on the Europeans to do one thing, it is to invent new taxation methods regardless of whether or not it makes sense. After Merkel and Sarkozy met today,…
Less than two months ago, CME Group Inc. (NYSE: CME) lowered margins on its 100-ounce Comex gold contracts in what the company said was part of its “normal review of market volatility…
The CME Group Inc. (NYSE: CME) has announced changes to its margin requirements for a number of commodities. The changes, some increases and some decreases, cover a variety of oil-related contracts, gold,…
