Taiwan Chip Executive Faces Insider Trading Charges
The chairman of Taiwan’s Powerchip Semiconductor faces prison time and a fine for alleged insider trading.
July 31, 2008
4 Stocks That Bucked the Trend
These four stocks fell below the $1 mark but bounced back.
Dow reverses course, finishes flat
Stocks drifted in negative territory for most of the session Wednesday on new housing and subprime woes, before paring some of their losses late in the session on speculation that the Federal Reserve may take additional action.
The New York-based financial services firm became the third on Wall Street to report better-than-expected earnings this week. The robust results come despite a significant drop in investment banking activity during the quarter, and a summer slowdown in stock trading.
