Eric Bosco

NASDAQ Warns It Could Delist Cyclacel

Cyclacel Pharmaceuticals (NASDAQ: CYCC) said it received notice from the exchange stating that its shares face the prospect of delisting.
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Abu Dhabi Stake in Hyatt Revealed

The Abu Dhabi Investment Authority holds an anchor stake in US hotels operator Hyatt Group (NYSE: H), Hyatt has disclosed.
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Rajaratnam Indicted For Trading Scheme

Galleon Group founder Raj Rajaratnam was indicted for insider trading today by a federal grand jury. Also indicted was Danielle Chiesi, an executive at New Castle Funds.
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Overseas Demand For Treasuries Drops

AP is reporting that overseas demand for long-term US financial assets has eased in recent months. China’s massive holdings of Treasury securities, however, remained steady.
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GE Anticipates Flat Revenue, Margin Growth In ‘10

General Electric (NYSE: GE) earlier today released a forecast anticipating flat revenue and margin growth in 2010.

Benzinga’s Top ETF Gainers (JFT, JEM, FAZ, UBC, FUE)

Non-equity titles and bears seem to be stalking the ETF market today.

Bernanke Says “Slack” Should Contain US Inflation

In a written response to questions from a Senator, Fed Chairman Ben Bernanke said the current state of the domestic economy would limit inflation.
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Crude Trades Below $70 For Second Straight Day

Crude oil is trading under $70 for the second day in a row. This has led to speculation that the long rally in crude might be coming to an end.
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Microsoft Resumes Acquisition Activity

After keeping quiet in the acquisition market for some time, Microsoft (NASDAQ: MSFT) announced today that it bought Toronto-based Opalis Software.
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Minyanville’s Harrison Bearish on 2010

Minyanville CEO and finance pundit Todd Harrison said in an interview today that he was not optimistic for the US dollar and linked assets next year.