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07 Sep

Exits Rattle Hedge Funds

Key investors of hedge funds are demanding their money back, prompting hedge-fund managers to sell securities to raise cash. ...

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Ford: Small Cars Can Be Profitable

Ford is expressing new confidence about its ability to sell new small cars at a profit in the U.S. market as it plans to launch the Ford Fiesta compact in 2010. ...

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FDA Lists Drugs Under Investigation

The FDA unveiled a new system that will list drugs it is investigating for potential adverse events. ...

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GE Gets Wells Notice From SEC

General Electric said it disagrees with a Wells Notice it received from the SEC over several accounting issues, including hedge accounting for derivatives and accounting at a variety of segments, including its rail and aviation-parts businesses. (GE filing) ...

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BankUnited's Capital Status Changes

BankUnited was notified by a Treasury Department office that its regulatory capital status was changed from "well capitalized" to "adequately capitalized." ...

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Alstom Lawsuit Gets Class-Action Status

A federal judge granted class-action certification in a shareholder lawsuit against France's Alstom and its U.S. units over alleged accounting improprieties. ...

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