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Stock Market News

Bank of America’s $4 Billion Accounting Mistake
Bank of America’s $4 Billion Accounting Mistake
By International Business Times - Sep 29, 2014

By Kathleen Caulderwood - Bank of America (NYSE:BAC) will pay $7.65 million to settle charges related to a billion-dollar accounting error it made five years ago. The Securities and Exchange ...

Good News Gladly Waits For CEOs
Good News Gladly Waits For CEOs
By International Business Times - Sep 29, 2014

By Angelo Young - Companies sometimes delay the release of good news about performance to maximize the amount of money CEOs get from selling their shares, according to a study of regulatory filings ...

Avon wins dismissal of lawsuit over China bribery
Avon wins dismissal of lawsuit over China bribery
By Reuters - Sep 29, 2014

By Jonathan Stempel NEW YORK (Reuters) - Avon Products Inc (N:AVP) on Monday won the dismissal of a securities fraud lawsuit accusing the cosmetics company of concealing its inability to stop workers ...

Chinese, Brazilian names lead decline in ADR market
Chinese, Brazilian names lead decline in ADR market
By Reuters - Sep 29, 2014

By Caroline Valetkevitch NEW YORK (Reuters) - U.S.-listed shares of overseas companies were down more than 1 percent on Monday, led by declines in Chinese and Brazilian ADRs. Protests in Hong Kong ...

Deaths linked to GM ignition-switch defect rise to 23
Deaths linked to GM ignition-switch defect rise to 23
By Reuters - Sep 29, 2014

By Ben Klayman DETROIT (Reuters) - The number of deaths linked to a faulty ignition switch in General Motors Co (N:GM) cars rose by two last week to 23, according to a report Monday from the lawyer ...