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Reports that PaineWebber Group Inc. will pay Pacific Investment Management Co., an annual fee to manage a United States government-bond fund. Amount to be paid by PaineWebber to Pacific Investment annually; Trend among financial firms of resorting to subadvisory arrangements to manage mutual funds.

The article states that drugstore chain Walgreens Boots Alliance Inc. agreed to purchase competitor Rite Aid Corp. for about $9.4 billion in late October 2015. The article states that the transaction would unite two of the three largest drugstore owners in the U.S. and would likely be heavily scrutinized by antitrust regulators. According to the article, shares of stock in Rite Aid rose 43 percent and shares of stock in Walgreens rose 6.4 percent during trading on October 27, 2015.

The article states that drugstore chain Walgreens Boots Alliance Inc. announced in October 2015 that it would not open new in-store blood-testing centers operated by Palo Alto, California, startup company Theranos Inc. until it resolved questions concerning its technology stemming from an article in the newspaper The Wall Street Journal and an inspection of Theranos facilities by the U.S. agency the Food and Drug Administration (FDA). According to the article, Walgreens representatives met with Theranos founder and chief executive Elizabeth Holmes and other executives on October 22, 2015.

The article discusses a $1.1 billion forecasting error at drugstore operator Walgreen Co. Between April and July of 2014 chief financial officer Wade Miquelon reduced by that amount his estimate for what the company's pharmacy revenues would be in 2016. The following month Walgreen announced the departures of both Wade and the head of its pharmacy unit, Kermit Crawford. An unexpected rise in the price of generic drugs purchased under the Medicare Part D insurance program was largely at fault.

An obituary is presented for Alan Greenberg, former chief executive officer (CEO) of securities trading firm Bear Stearns.

The article reports that former U.S. Securities and Exchange Commission (SEC) chairman Mary Schapiro, U.S. Senator Charles Grassley, and others are urging the SEC to shorten the 10-day period within which investors who have acquired 5% or more of a firm's stock must disclose that fact. Published reports have described how some activist investors have been able to profitably exploit that 10-day window.

The article reports that the solar energy firm SolarCity Corp. has disclosed an amended securities filing that eliminates a Happy Meal share-lending structure as of September 2013. The potential impact of share-lending policies on share prices is mentioned. The entrepreneur Elon Musk is also mentioned.

The article looks at trading by executives and directors in the shares of their own companies, as of 2013. It reports that the Council of Institutional Investors nonprofit organization has called on the U.S. Securities and Exchange Commission (SEC) to impose further regulations on such trades made under 10b5-1 investment plans, claiming they are sometimes made based on insider information, resulting in harm to all other shareholders.

The article discusses a December 2012 letter sent to the U.S. Securities and Exchange Commission (SEC) from the Council of Institutional Investors, a group of pension funds and foundations, regarding regulations on how corporate executives trade their company stock. The letter suggested new guidelines be instituted that addresses claims that corporate insiders may be improperly profiting from trading stocks based on confidential information.

The article discusses revelations contained in documents obtained by Grant Wilson, a former currency trader for banking company Bank of New York Mellon Corp. , related to a U.S. federal investigation into the bank's currency-trading on behalf of clients. Mellon executive Richard Mahoney reportedly urged traders not to tell clients how profitable their trades were for the bank. Another Mellon executive, Susan Pfister, expressed alarm when she learned of the government's probe.

The article reports that an investigation by U.S. Senator Charles Grassley into certain stock trades of hedge fund SAC Capital Advisors has broadened to include SAC's trading in the options market. Grassley's office is said to have conferred about the matter with the U.S. Department of Justice and the Securities and Exchange Commission.

The article reports that U.S. Senator Charles Grassley is examining several instances in which the timing of stock trades by hedge fund SAC Capital Partners LP was deemed sufficiently suspicious by the Financial Industry Regulatory Authority to warrant referring them to the U.S. Securities and Exchange Commission (SEC).

The article discusses a potential conflict involving Citigroup Inc. trader Andrew Hall, whose compensation agreement could yield him up to $100 million for 2009. If Citigroup does not honor the agreement Hall could leave the firm. If it does, Citigroup might draw bad publicity and the ire of U.S. Treasury Department official Kenneth Feinberg, who has the power to help determine pay for highly-paid employees at banks that have received financial aid from the government.

The article discusses an investigation into how Bear Stearns Cos. valued certain debt securities. The Inspector General of the U.S. Securities and Exchange Commission (SEC) maintains that SEC official David Nelson decided to terminate the investigation at a time when he was involved in a personal relationship with attorney Michael Trager, who was representing Bear Stearns in the matter.

The article focuses on a chance which the U.S. Securities and Exchange Commission and New York state attorney general's office had in 2005 to enforce penalties on Bear Stearns Cos. and other firms for improperly valuing complex mortgage securities. A discussion of the impact a failure to enforce penalties had on the development of the subprime mortgage crisis of 2006 and 2007 is presented.

The article focuses on Clark E. McLeod, CEO of Fiberutilities of Iowa, who was found liable by a New York State court for accepting initial public offering shares in his personal brokerage account. Information is given about "spinning" IPO stocks and the potential for rigging the IPO market. The implication of the ruling for other senior executives is mentioned. Mr. McLeod's background includes founding McLeodUSA Inc.

The article reports that a civil suit filed this week by former U.S. mobster Frank LoCascio underscores the broad leeway the government has to keep criminal cases open for years.

The article discusses the long-term secrecy that surrounds the U.S. government's electronic monitoring requests at American courts, focusing on U.S. District Judge Nelva Gonzales Ramos' issuance of a court order unsealing of a 2007 legal case which deals with a "pen register" surveillance device.

The article presents the author's experiences as a reporter for the "Wall Street Journal" covering mutual-fund investing with mention of the 1987 stock market crash in the U.S., investors knowledge of fund charges, and index funds.

This article highlights the wiretap evidence used in the insider-trading trial of Galleon Group founder Raj Rajaratnam.

The article reports that the U.S. Securities and Exchange Commission (SEC) refused a request from the Senate Finance Committee for information as to why it dropped an investigation into whether the financial services firm Bear Stearns had improperly valued complex collateralized debt obligations. The SEC cited privacy concerns. The investigation was dropped shortly before Bear Stearns was acquired by J.P. Morgan Chase in March, 2008. The SEC's Inspector General is investigating the decision.

The article presents an update on bids and offers in the U.S., including the stock market performance of Mets, the liabilities of Equitas and the improper trades made at the New York State Exchange.

Reports on economic activity and recovery in the United States in the months following the terrorist attacks of September 11, 2001. How Merrill Lynch & Co. employees have reoccupied company headquarters near the site of the attacks in New York City; Relocations of companies from Manhattan to other locations; Emotional effect on workers.

Discusses worldwide staff reductions at Goldman Sachs Group Inc. in spring 2001. Effect of Goldman's reductions on senior-level professionals in investment banking; Details of how Goldman is trying to avoid mass layoffs by eliminating jobs through tougher employee reviews, attrition and transfers; Outlook on Wall Street for securities firms and profits as the economy slows.

States that former National Football League (NFL) player Larry Roberts has joined with other NFL players in accusing Brian Smith of mishandling their portfolios and losing more than a million dollars of their money. Amount of Roberts' money which was lost; How he heard of and met Smith, then a broker at Dean Witter Reynolds Inc.; Smith's testimony before the National Association of Securities Dealers in 1998.

Reports that studies show that young companies increasingly ditch the Wall Street firms that underwrote their initial public stock offerings. How when arranging subsequent stock issues, they frequently choose new finance partners; Better research coverage cited as among the top three reasons for the switch; Evidence for the rise in the pay of research analysts on Wall Street.

States that billionaire Saudi Arabian investor Prince Alwaleed bin Talal bin Abdulaziz Al-Saud is discussing taking a major stake in Long-Term Capital Management LP. Comments of a spokesman for Prince Alwaleed; Talks with an undisclosed investment bank; The major stakes Prince Alwaleed has in Citigroup Inc., Apple Computer Inc., and others; What the discussions suggest about the fate of the company; Mention of the company's recent financial troubles.

Reports that United States Federal Regulators with the Securities and Exchange Commission's (SEC) enforcement staff have launched an inquiry into whether Long-Term Capital Management LP fully disclosed the depth of its financial plight to investors. Its efforts to raise money before its near collapse; Inquiry coming after a Wall Street Journal article; Comments of SEC spokesman Chris Ullman; How the company did not disclose to investors it was using money to meet margin calls.

Informs that the Massachusetts Securities Division is nearing a settlement in an investigation into securities firms which bar small investors from quickly selling initial public offerings (IPO). The state's efforts to force Joseph Charles & Associates Inc., a brokerage firm in Boca Raton, Florida, to abandon its policy of penalizing brokers who allow their clients to quickly sell IPOs in the state; Increase in penalty periods at Morgan Stanley and Dean Witter & Co.; Definition of an internal retention index.

Offers an in-depth examination of how `vanity, greed and a cult of personality' blinded some of the world's most respected financial institutions to the inherently risky investing strategy of Greenwich, Connecticut's, Long-Term Capital Management LP hedge fund. Marketing tactics of the partners, including John Meriwether and Myron Scholes; Use of leveraged investment strategy; Statistics and analyses of losses of fund through 1998; Who makes up the consortium that bailed out the fund.

Reports on the restructuring of Nomura Securities Co.'s United States brokerage unit Nomura Holding America Inc. Losses for the six-month period ending September 30, 1998; Holdings in commercial real-estate and mortgage-backed bonds; Emerging markets exposure; Shift back to investment banking and away from proprietary trading; Comments of company head, Junichi Ujiie in Tokyo.