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Federal authorities accused chemist working at FDA with insider trading, the officials alleged that he generated $3.60 million through trading drug company stocks on the basis of private drug approval information. The SEC filed civil charges against Cheng Yi Liang, FDA employee working since 1996, c...
Read More →Australian government plans to impose a carbon tax on large polluters is stir up economic angst through out the country, while some analysts says that the levy will cut profits and could sacrifice country’s global competitiveness. The government wishes to launch a carbon price in July 2012, and sw...
Read More →Apollo Global Management succeeded to raise $565.40 million or a 13.00% more than it required. The company stated yesterday in a statement that it had sold 29.80 million shares at $19.00 each. According to a filing with the US SEC, Apollo had proposed 26.30 million shares at $17.00 – $19.00 ea...
Read More →The US Stocks ended higher and marks its best first quarter performance since 1998, as the investors greet two reports on job growth. The Dow Jones Industrial Average Index projected +71.60 points or 0.58%, while the S&P 500 Index triggered +8.82points or 0.67% and the NASDAQ composite Index ear...
Read More →Intel Corporation proclaimed third generation solid state drive, Intel’s Solid State Drive 320 Series. On the foundation of its industry foremost 25 nanometer NAND flash memory, the Intel SSD 320 substitute and builds on its fast performing Intel X25-M SATA SSD. Bringing more performance and e...
Read More →China increases its investment in the United States and its effects are felt by companies like Wanxiang throughout the country. Lenovo became one of the top brands of laptop in the United States by using Chinese investment. Haier, the home appliances renowned firm hired hundreds of US citizens at it...
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