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March 12, 2008

Utah pair charged in stock scheme that included Sacramento pitches

Two Utah residents were charged Tuesday with fraud in connection with a stock-trading program they were peddling from Sacramento to Boston.

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Dow Ends Down 81 After Two Downgrades

Stocks posted their first noteworthy losses of 2006 Thursday as analyst downgrades of two Dow Jones industrials and rising oil prices prompted investors to take profits one session after the major indexes reached new multiyear highs.

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China stocks close with 34 percent quarterly loss

SHANGHAI, March 31 - China's main stock index, hit by heavy new supplies of shares and slowing corporate profit growth, slid 3.00 percent on Monday to end the first quarter of this year with a loss of 34 percent, its biggest quarterly loss since 1992.

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Judge rules in favor of developer in lawsuit

U.S. District Court Judge Keith Starrett issued a ruling Wednesday in favor of Laurel-based developer Nick Welch, who is suing three members of The First bank's board of directors over allegations of insider stock trading.

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