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| Banking: Should Wall Street Cease Proprietary Trading? (Time Magazine) President Obama and adviser Paul Volcker are calling for banks to stop engaging in proprietary trading. Is this smart? Is it even possible? |
| Ex-Intel executive pleads guilty in insider trading case (USA Today) Rajiv Goel, a former Intel executive charged in a massive insider trading case, pleaded guilty Monday to conspiracy and securities fraud. |
| Nasdaq Dubai to Align Trading Hours With Dubai Financial Market (Bloomberg) Feb. 9 (Bloomberg) -- Nasdaq Dubai, the Gulf’s first exchange open to investors and issuers of any nationality, plans to reduce its trading hours to attract more liquidity from the retail investors who trade on Dubai Financial Market. |
| Electronic Arts Calls Trading Jumps Before Earnings (Update1) (Bloomberg) Feb. 8 (Bloomberg) -- Trading of bullish Electronic Arts Inc. options rose to more than double the four-week average before the world’s second-largest video-game publisher reports quarterly results following the close of U.S. exchanges today. |
| Pound Shows Mixed Trading Against Majors (INO News) (RTTNews) - Tuesday in Asia, the British pound showed mixed trading against its major counterparts. While the pound rose against the dollar and the yen, it fell versus the euro. Against the franc, the pound largely showed choppy trading. |
| Ex-Intel executive owns up to Galleon insider trading (V3.co.uk via Yahoo! UK & Ireland News) The former managing director of Intel Capital has pleaded guilty to two counts of conspiracy and securities fraud as part of an investigation into insider trading by the Galleon Group hedge fund. |
| Kumho Industrial jumps 11 pct in resumed trading (Reuters via Yahoo! Malaysia News) SEOUL, Feb 9 (Reuters) - Shares in South Korea's Kumho Industrial jumped 11 percent in resumed trading on Tuesday after creditors pledged to support its cash-starved parent group, quelling speculation that the flagship unit could be put into court receivership. |