Insider Trading Buzz For Cbs, Tower Group, Netapp, Micron, Nike, And Jpmorgan Chase

If you are the average investor and only go long stocks (Buy only) then you arent operating as efficiently as Peyton Manning. Come to our education and insiders page to learn how to potentially make money when the market goes up or down. If you got burnt by the stock market crash of 2008/9 thats because you went long stock in a declining market. The most important thing to realize is that markets go up and down and your job is to move in sync with the markets.
Source: thinks that it is a clever way to check if insiders like CEOs, CFOs, and Directors in CBS are starting to buy or sell more company shares. Check this insider trade report for CBS here. Read Full Report: Tower Group International, Ltd. /quotes/zigman/14650358/quotes/nls/twgp TWGP +1.30% : By the end of last trading session, the Tower Group /quotes/zigman/14650358/quotes/nls/twgp TWGP +1.30% shares plunged 15.42% (or US$1.26) to US$6.91 with about 7.47 million shares exchanged hands for the session, compared to its average volume of 1.94 million shares.

Wall Street banks likely stung again by bad bond-trading quarter

The SEC knows their casecenters on one telephone conversation between two individualsfour years ago, one of Cubans attorneys Stephen A. Best said in the statement.The SEC claims there was an agreement between these parties tothe conversation to keep certain information confidential. We interviewedGuy Faure, the former CEO of Inc., with whom the SEC claims Mr. Cuban made an agreement. We had a court reporter transcribe the interview. There was no agreement to keep information confidential. Cubans attorneys in Dallas, said they have no further comment on the case, which began juryselectiontoday.

Jury Picked for Cuban’s Insider-Trading Trial

Bank executives from JPMorgan Chase & Co (JPM.N), Morgan Stanley and Barclays PLC (BARC.L) have also recently warned in public comments that they expected trading revenues to be soft. JPMorgan, which is scheduled to post third-quarter results on October 11, will be the first big Wall Street bank to report. The largest U.S. bank is expected to earn $1.27 per share, compared with $1.40 per share for the same quarter last year, according to estimates compiled by Thomson Reuters I/B/E/S. Morgan Stanley posts results on October 14 and is expected to earn $0.48 per share compared with a loss of $0.55 per share in the third quarter of 2012.

Citi Plans Education Donations Based on Currency-Trading Revenue

(C) will make donations to six nonprofit groups aimed at improving education in the U.S. and emerging markets based on a portion of revenue from foreign-exchange trading on its electronic platform. The third-biggest U.S. bank said for the next three months it will donate $1 for every $1 million it executes for clients on its Citi Velocity trading platform, according to Bapi Maitra, Global Head of Institutional e-Commerce Sales. The nonprofit groups include Civic Builders, which helps neighborhoods in the nation with insufficient resources to build low-cost charter schools in North America, and EMpower, which supports the health and wellness of youths in emerging markets, including Argentina, Brazil and China.

Beyond the secular pressure on the sector, markets were rattled in May when Fed Chairman Ben Bernanke hinted that tapering would come soon. Long-term interest rates spiked in late May and continued rising until the Fed’s latest announcement. The 10-year Treasury yield ended the quarter around 2.61 percent, compared to around 2.477 percent at the beginning of the quarter. But between those relatively similar values were some wild gyrations – the yield reached as high as 3 percent during the quarter.

“It’s a very tough case for the SEC. The trial judge dismissed it once,” said Russell Duncan, a former federal prosecutor who tried financial-fraud cases. After Fitzwater dismissed the SEC lawsuit in 2009, an appeals court overturned his decision and sent the case back. The SEC charged in a civil lawsuit that Cuban violated insider-trading rules in 2004 by selling his shares in a Canadian Internet company after learning confidentially about news that would send the shares down.


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