Federal prosecutors in California are investigating a Goldman Sachs employee for insider trading, according to prosecutors and defense lawyers who attended a hearing in U.S. federal court in New York on Thursday. The employee is suspected of giving inside information on two public companies to former Galleon Group co-founder Raj […]

BlackBerry maker Research In Motion has hired law firm Milbank, Tweed, Hadley & McCloy LLP to work out a restructuring plan that could include selling assets, seeking joint ventures or licensing patents, people briefed on the matter said. As part of the struggling Canadian smartphone maker’s strategic review, the RIM […]

Opeyemi Issa InvestAdvocate Lagos (INVESTADVOCATE)- Abbey Building Society Plc (Abbey) Friday reported that it Profit After Tax (PAT) has declined by 55.2 percent (55.2%) in its Audited Report for the Period Ended December 31 2011. This was contained in the Result Announcement from the Company to the Nigerian Stock Exchange […]