Stock Market

10:10am

Fri June 15, 2012
The Two-Way

Rajat Gupta Guilty In Insider Trading Case

Rajat Gupta on Wednesday as he arrived at the federal courthouse in Manhattan.
Emmanuel Dunand AFP/Getty Images

"Rajat Gupta, who reached the pinnacle of corporate America as managing partner of McKinsey & Co. and was a director at Goldman Sachs Group Inc. and Procter & Gamble, was convicted by a federal jury of leaking inside information to hedge-fund manager Raj Rajaratnam," Bloomberg News writes.

The Associated Press recaps the case:

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6:17am

Thu June 7, 2012
The Two-Way

After Big Gain, Markets Look To Rise Again; All Eyes On Bernanke

Originally published on Thu June 7, 2012 8:21 am

Following up on one of the best rallies in months on Wednesday, stock index futures are pointing to a higher start today on Wall Street, Dow Jones Newswires says.

The Associated Press says there are "hopes that Europe is preparing to take action to tackle the region's financial crisis and that the Federal Reserve will consider additional support for the U.S. economy."

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4:04am

Thu June 7, 2012
Business

Business News

Originally published on Thu June 7, 2012 4:48 am

Transcript

RENEE MONTAGNE, HOST:

NPR's business news starts with NASDAQ compensating clients.

(SOUNDBITE OF MUSIC)

MONTAGNE: The NASDAQ stock exchange will pay $40 million in compensation for botched trades that occurred during Facebook's initial public offering. NASDAQ clients lost millions of dollars on Facebook's May IPO because of computer glitches. The opening trade was delayed by more than half an hour, and many investors were unsure if their trades had gone through.

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5:55am

Sat June 2, 2012
Business

Implications Of The Facebook Let-Down

Originally published on Sat June 2, 2012 9:01 am

Transcript

SCOTT SIMON, HOST:

You know, if Facebook were a Broadway show, they'd be firing the director and rewriting the script. Facebook share price closed this week at $27.72. That's more than a 25 percent drop from its initial public offering price. The social networks debut as a publically traded company last month has been panned, questioned and trouble by a Securities and Exchange Commission probe and shareholder lawsuits.

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3:53am

Sat June 2, 2012
Politics

Fingers Point As Job Numbers Fall

Originally published on Sat June 2, 2012 12:01 pm

Trader Peter Tuchman works on the floor of the New York Stock Exchange at the close of trading Friday. The stock market suffered its worst day of the year after a surprisingly weak jobs report.
Richard Drew AP

If unusually warm weather helped encourage job growth earlier this year, May was like a wet, cold rain. A report from the Labor Department on Friday showed that U.S. employers added just 69,000 jobs last month — far fewer than expected.

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