![]() Billionaire Steve Cohen has agreed to pay $135 million to settle a lawsuit filed by shareholders of Elan Corp., who said they lost money as a result of his insider trading in the company's stock during his hedge fund days at SAC Capital, Reuters reports. Steve Cohen settled an old insider-trading case. That's far less than the $58 million investors have poured into the company over the years. The deal is expected to be worth $34 million to $40 million, according to VentureBeat. Volatility in response to the election produced three of the 10 busiest days in exchange history, with average daily volume of about 20 million contracts up 45% from a year ago, Reuters says.įitBit is nearing a deal for Pebble. Goldman has gained about 36% since August 31.ĬME Group had a record-setting month. ![]() Shares of the investment bank ended Wednesday at $219.29, their highest level since the end of 2007. Goldman Sachs is trading at its best level since the financial crisis. The euro is stronger by 0.3% at 1.0625 against the dollar. Thousands of new images every day Completely Free to Use High-quality videos and images from Pexels. Final Eurozone Manufacturing PMI printed 53.7 in November thanks to strong readings from the Netherlands and Austria, data from IHS Markit showed. Download and use 9,000+ Highland Cattle stock photos for free. The energy component is up by almost 14% since Tuesday's close.Įuropean manufacturing hit its best level since January 2014. Brent crude oil, the international benchmark, is higher by 1.5% at $52.60 a barrel after OPEC agreed to its first production cut in eight years at Wednesday's meeting. The sell-off is continuing on the first day of December, with the US 10-year yield up another 3 basis points at 2.41%, its highest since July 2015. Global bonds lost $1.7 trillion of value in November as they suffered through their worst month since at least 1990, Bloomberg reports. (Walker, a 7-year-old polar bear, emerging from the icy pond at the RZSS Highland Wildlife Park in Kincraig, Kingussie, Scotland.Reuters/Russell Cheyne)īonds had a terrible November.
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