Wednesday, December 07, 2016

Boeing Sweats Under Trump Spotlight as SoftBank Feels Warmth - Bloomberg Politics

Boeing Sweats Under Trump Spotlight as SoftBank Feels Warmth - Bloomberg Politics: "This is extraordinary,” said Mohan Tatikonda, a professor at Indiana University’s Kelley School of Business. “For a president to get involved at the level of spot locations, spot companies, spot plants, is I think unprecedented.”
Stock Moves
The president-elect’s moves had consequences for the market, with Boeing falling as much as 1.5 percent before regular trading Tuesday. The shares were little changed Wednesday in New York. SoftBank climbed 6.2 percent in Tokyo."

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Insider-Trading Prosecutions Backed by U.S. Supreme Court - Bloomberg Politics

Insider-Trading Prosecutions Backed by U.S. Supreme Court - Bloomberg Politics: "Ruling in its first insider-trading case in two decades, the justices unanimously said that people can be sent to prison for making trades even when the insider who provided the tip wasn’t trying to make money. The court said it’s enough if the insider gave the information as a gift to someone likely to trade on it."



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