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U.S. Morning Call: Goldman faces new probe

Friday, April 20, 2012 - 02:38

April 20 - Federal prosecutors in California are investigating a Goldman Sachs employee for insider trading.

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Call this Friday more legal -- from Goldman Sachs federal prosecutors in California are investigating and -- employee for insider trading it is suspected of giving inside information on to public companies to rob -- -- them big gap -- -- co-founder convicted of insider trading last year the probe revealed during a hearing involving insider trading case against former Goldman board member. Rocking. Was accused of passing information to -- robbed them -- well. Just lawyers saying became against the Goldman employee could bolster their defense. A spokesman for the US attorney's office and what Goldman Sachs had no cop. -- Commodity Futures Trading Commission not as its first victory in the battle against oil market manipulation. -- an out of fourteen million dollar settlement with high frequency trading firm. -- her Thursday the company agreeing to disgorge what million dollars in profits and had thirteen million dollar fine. Over allegations he used a rapid fire tool to influence US oil prices and without evidence. He was the first case brought by this if TC in 2000 effort to curb market out reasons. Launched as prices soared toward a record near 100 dollars a barrel. In the middle of that year. General Electric out this morning with the quarterly profit that beat expectations. Components are earnings fall slightly from the same three months a year earlier -- -- jet engine energy equipment and finance businesses posted gains GE said it expects GE capital's strong is. Reform is to continue what the year here throughout the premarket they are down about 5% over the past year. Research firm Gartner says her computer sales rose nearly 10% in the quarter that was better than expected it helps give a lift it several technology firms including Microsoft. Software giant's sales of windows its main product. Climbing 4% when it had been expecting a decline of 4%. Helped the company report a profit that exceeded forecasts. Shares are up about 3% in the premarket an anti higher as well the company which makes chips for computers forecast revenue above expectations. Other stocks to watch him. Kimberly-Clark. The maker of Kleenex tissues and other products posted a higher profit by its forecast for the year and -- the athletic apparel company which topped expectations and raised its forecast for operating income this year. That morning called this Friday I've got up there this is Reuters Insider.

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U.S. Morning Call: Goldman faces new probe

Friday, April 20, 2012 - 02:38