Investors edgy ahead of Bernanke testimony

Investors Edgy Ahead of Bernanke Testimony

AP Investors were edgy Wednesday ahead of the appearance of U.S. Federal Reserve chairman Ben Bernanke before lawmakers in Congress.

  • Exterior of Headquarters of SAC Capital Advisors, L.P. in Stamford
    Prosecutors Consider Use of Organized Crime Law Against SAC The Wall Street Journal

    Federal prosecutors are considering charging hedge fund SAC Capital Advisors LP as a criminal enterprise through a powerful legal tool used against the Mafia and drug gangs, people familiar with the probe said.

    Exterior of Headquarters of SAC Capital Advisors, L.P. in Stamford

    Federal prosecutors are considering charging hedge fund SAC Capital Advisors LP as a criminal enterprise through a powerful legal tool used against the Mafia and drug gangs, people familiar with the probe said.

  • Sony mulls hedge fund's entertainment sale idea
    Sony Mulls Hedge Fund's Entertainment Sale Idea AP

    Sony's CEO Kazuo Hirai says the electronics giant's board will discuss a proposal by U.S. hedge fund manager Daniel Loeb to spin off up to 20 percent of its movie, TV and music division.

    Sony mulls hedge fund's entertainment sale idea

    Sony's CEO Kazuo Hirai says the electronics giant's board will discuss a proposal by U.S. hedge fund manager Daniel Loeb to spin off up to 20 percent of its movie, TV and music division.

  • A vacant lot owned by Toll Brothers is shown for sale in a housing development in Broomfield
    Toll Brothers Profit Rises 46% Reuters

    Toll Brothers Inc posted a 46 percent rise in quarterly profit as the largest U.S. luxury homebuilder sold more homes at higher prices, indicating that the housing recovery is spreading across the industry.

    A vacant lot owned by Toll Brothers is shown for sale in a housing development in Broomfield

    Toll Brothers Inc posted a 46 percent rise in quarterly profit as the largest U.S. luxury homebuilder sold more homes at higher prices, indicating that the housing recovery is spreading across the industry.

 
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