Judge Says Merrill Clients Should've Known Better
In tossing out a class-action suit over tainted stock research, U.S. District Judge Milton Pollack notes the plaintiffs' failure to recognize a bubble.
A New FCC Ruling Could Salvage Covad
Two months after a 3-2 vote threw out the practice of line sharing, the FCC may now be willing to reconsider.
Survival of the Fittest? Not an Issue for CLECs
The best-funded carriers are struggling, and even healthy-looking picks are speculative.
Stocks to Watch: American Greetings Tops Estimates
Also, Energen raises its guidance again.
Two Modest Proposals for Fixing Insider Trading Rules
Jonathan Moreland is publisher of InsiderInsights.com, a Web site that analyzes insider trading, and a weekly newsletter. He writes a column that appears on this page as part of his business relationship with TheStreet.com.
Morgan Stanley Stock Leads Gains As Banks Boost Dividends After Fed Stress Tests
Morgan Stanley, Wells Fargo, Bank of America and Goldman Sachs will lift their quarterly dividend, while JPMorgan will hold its steady following last week's Fed stress tests.
Nike Stock Slides As As Margin Pressures, China Worries Offset Q4 Earnings Beat
"We think we're well positioned for growth in fiscal year 2023 ... having said that, we did take a cautious approach to Greater China," said CFO Matthew Friend.
Stocks Higher, Bank Dividends, Nike, Playtika And Occidental- Five Things To Know
Stock futures higher on global growth bets; Morgan Stanley leads bank gains after dividend boost; Nike slides as margin pressures offset Q4 earnings beat; Playtika shares surge on report of Joffre Capital interest and Occidental shares jump as Buffett adds more to stake
Walgreens Stock Slides As Group Scraps Plan to Sell UK-based Boots
"As a result of market instability ... no third party has been able to make an offer that adequately reflects the high potential value of Boots," Walgreens said.