King Digital Entertainment Plc, maker of hit mobile phone game “Candy Crush Saga”, expects to be worth up to $7.6 billion when it goes public this month in the United States, amid concerns about its over reliance on the game. King will hope to benefit from its focus on the […]
Author: InvestAdvocate
Big fine imposed on ex-Goldman trader Tourre in SEC case
A U.S. judge on Wednesday ordered former Goldman Sachs Group Inc trader Fabrice Tourre to pay more than $825,000 after a jury found him liable for defrauding investors in a subprime mortgage product that failed during the financial crisis. The decision by U.S. District Judge Katherine Forrest in Manhattan came […]
FG Says N24bn Police Pension Fund Not Missing
12 March, 2014 The Federal Government has debunked the reported disappearance of N24 billion from the Police Pension Fund, saying the money in question was discovered to be an over-estimation of pensions arrears and subsequently returned to government coffers in line with standard practice. Coordinating Minister for the Economy and […]

