Does Rajaratnam Conviction Level The Playing Field?
How much does insider trading cost average investors? Not enough to make a difference in where they put their money.
Peter Cohan, ContributorHow much does insider trading cost average investors? Not enough to make a difference in where they put their money.
Peter Cohan, ContributorHigh-mileage residents of North Carolina cities are some of the worst-hit by higher gas prices, while Los Angelenos are surprisingly sitting pretty.
This scene is unlikely to happen in the US, but one way to get gasoline prices lower is for the government to simply demand them lower. That's what Brazil did on Wednesday. The Minister of Energy, Edison Lobão, said gasoline prices will decline by as much as 10% to as little as 6% in the days ahead. read »
To get an edge in the crowded ferociously competitive hedge fund world you an advantage; sources who will tip you before deals, or earnings or other material substantive matters become publicly available. It's always been that way- and it always will-- a game of trying to outwit the cops, the [...] read »
A naïve perspective on business is that whatever you sell or whatever service you perform is what your business is all about. read »
Canadian Solar this afternoon reported lower-than-expected profits for the first quarter, apparently due to losses on foreign exchange hedging. read »
In most folktales, when a young man sets off to rescue the princess and become the king, one of the first tests of his mettle involves generosity. An old woman asks that he share his meager meal, or a beggar pleads for a coin. The young man's older brothers have already refused this request, and bad things have invariably happened to them. read »
Visa is Wednesday announcing a new digital wallet service, which brings people one-click payments across the web--as well as on mobile websites. read »
The Innovator’s Paradox read »
The senior managers of a three-year-old thermal power plant in North India say that the Chinese equipment they installed has been giving them trouble due to low quality. They are not alone. Around the country, power plants have claimed that they bought cheaper Chinese boilers, turbines and generators in preference to Indian equipment only to see them malfunction too quickly. read »