Bullish Blog

AP - Federal regulators on Tuesday charged a former partner at Deloitte & Touche LLP and his wife with insider trading, accusing the couple of providing confidential information on company acquisitions to relatives overseas.

AP - Securities and Exchange Commission attorneys wanted to bring a case swiftly against Bank of America for allegedly misleading shareholders when it acquired Merrill Lynch, and as a result omitted significant violations from their initial charges, according to an agency watchdog report released Tuesday.

AP - Stocks ended November on a down note Tuesday, notching their first monthly losses since August. The Dow Jones industrial average lost 46 points. It had been down as many as 110 points earlier in the day. The index pared most of its losses after President Barack Obama and Republican lawmakers promised to seek a compromise before the end of the year on extending Bush-era tax cuts.

Reuters - Securities and Exchange Commission attorneys felt pressured to pursue a speedy case over Bank of America Corp’s Merrill Lynch buyout and at first skipped more complex legal questions about the deal, a report from the SEC’s Inspector General said on Tuesday.

Many fund investors have little to show for the past decade. Over a 15-year period, however, these funds have walloped the broader market.

AP - Federal regulators on Tuesday charged a former partner at Deloitte & Touche LLP and his wife with insider trading, accusing the couple of providing confidential information on company acquisitions to relatives overseas.

U.S. News & World Report - Retail mutual fund investors may finally be changing their ways. After five straight months of outflows, stock funds saw inflows in October, according to the Investment Company Institute. Investors poured $441 million into stock funds in October, after pulling out almost $11 billion in September. This was mainly because investors continued to flock to foreign stock funds. World stock funds saw inflows of $7 billion in October, up from almost $4 billion in September. Investors continue to shun domestic stock funds, albeit at a lower rate. …

AFP - The euro sank under 1.30 dollars and bond rates rose on Tuesday when the eurozone debt crisis raged on unabated by Ireland’s bailout analysts said, but stock markets were mixed.

AFP - Europe’s largest regional airline Flybe announced on Tuesday plans to float on the London Stock market to help fuel its expansion.

The Motley Fool - Not too much has changed in Seth Klarman’s portfolio over the past few months, according to his recent SEC filings. His top five positions have remained the same during the third quarter. Klarman’s Baupost Group did sell more than half of his large stake in paper producer Domtar (NYSE: UFS - News), and he added two new positions in Alere (NYSE: ALR - News), and Regeneron Pharmaceuticals (Nasdaq: REGN).