NEW YORK, Nov 25 (Reuters) - Kenneth Leech, the former co-chief investment officer of Western Asset Management Co, was charged by U.S. authorities on Monday with running a fraudulent cherry-picking scheme where he improperly favored some clients' accounts over others when allocating trades. The U.S. Securities and Exchange Commission said that between January 2021 and October 2023, Leech disproportionately allocated...

05:20 PM EST, 11/25/2024 (MT Newswires) -- New Jersey Resources ( NJR ) reported fiscal Q4 earnings late Monday of $0.91 per diluted share, up from $0.38 a year earlier. Analysts polled by FactSet, on average, expected $0.88. Revenue for the quarter ended Sept. 30 was $395.8 million, compared with $331.3 million a year earlier. One Analyst expected $407 million....

(This Oct. 10 story has been corrected to change circuit court to district court, in paragraph 11.) By Michelle Price WASHINGTON (Reuters) - If Republican former President Donald Trump wins the U.S. election on Nov. 5 he is expected to swiftly overhaul the country's financial regulators, which under Democratic President Joe Biden have pursued a slew of stringent new rules...

Shares of Hims & Hers Health, Inc. ( HIMS ) traded higher on Monday in response to President-elect Donald Trump’s plans to nominate Marty Makary to lead the Food and Drug Administration (FDA). Here’s what you need to know. What To Know: Market optimism surrounding Makary's selection may have bolstered Hims & Hers shares on Monday as investors anticipate that...