T. Rowe Price banned some American Airline employees from trading the funds in their 401k plans because of collective trading.
Corporations
Verizon and Vodafone's boards to study buyout proposal
The boards of Verizon and Vodafone would vote over the weekend on the proposed USD130 billion buyout.
Coca-Cola Femsa acquires Spaipa SA Industria Brasileira de Bebidas
The latest purchase made by Coca-Cola in Mexico was recently announced after an acquisition spree across three continents was undertaken.
Apple Inc launches trade in program for older iPhone models
The secondary market for earlier smartphone models is growing at an exponential rate. In an announcement last Friday, Apple Inc had launched a trade-in program in its US retail stores for earlier models of its iconic iPhone.
InfoTrust Group takes Flatirons Solutions name
To better achieve business goals for their partners, the InfoTrust Group utilizes the goodwill and leverage the Flatirons Solutions name provides.
Latest News
Asset managers questioned the sufficiency of the communications efforts undertaken by Nasdaq when trading halts during technological crisis.
Pentagon said it still wanted foreign companies to do business in the US, but takeovers must not put national security at risk.
An anonymouse bourse official of the Mexican bourse told Reuters that the bourse canceled Minera Frisco's trades in the last 10 minutes of trading today as the share price spike was caused by a computer glitch.
Fidelity & Guaranty Life had sought to raise USD1 billion through an initial public offering said people involved in the planning process.
According to a top Indian government official, Walmart's plans of getting into the country's multi-brand segment could be at its final stage.
Richard Perry's fund, Perry Corp. had increased its holdings in JC Penney Corp. by adding 3 million shares in the stake it already owns in the retailer.
Arturo Elias, Carlos Slim's chief spokesman said America Movil had no intentions of raising its offered bid for the remaining stake of KPN.
A US judge had granted the request of American Airlines and US Airways for an earlier trial against the US Justice Department that intends to block the two companies' planned USD11 billion deal.
AMC Entertainment announced a new initial public offering as it sought to raise USD400 million. AMC Entertainment Holdings Inc. is the biggest movie theater operator owned by the richest man in China, Wang Jianlin.
