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Ex-SAC Capital Traders Implicated in U.S. Insider Trading Probe

November 23, 2010. By David Glovin, David Voreacos and Patricia Hurtado   Nov. 23 (Bloomberg) — Former traders of Steven A. Cohen’s SAC Capital Advisors LP have been implicated in a widening U.S. crackdown on insider trading on Wall Street.   Federal Bureau of Investigation agents yesterday searched the offices […]

J. Crew near $3bn buyout

By Agency Reporter Wednesday, 24 Nov 2010 NEW YORK: J. Crew Group Incorporated, the New York-based clothing retailer, is close to an agreement to be bought by TPG Capital and Leonard Green & Partners for about $2.8bn, according to two people with knowledge of the matter. TPG and Leonard Green would […]

Nigeria strategises on improving national competitiveness

By Agency Reporter Wednesday, 24 Nov 2010 The Africa Commission and the National Economic Management Team secretariat on Tuesday hosted a workshop to raise awareness within the leadership about pertinent issues related to Nigeria’s competitiveness ranking in the Global Competitiveness Index under the commission’s “Benchmarking African Competitiveness,” initiative. The event, entitled […]