Advisors sold investment by promising “improbable and unsubstantiated high interest rates”, regulator alleges
Fund closed to new purchases
Aim is to make UK division be the gateway to Europe for online brokerage services
Number of deals drops by 10%
Los Angeles office better serves clients in Canada, U.S. and Asia
Wal-Mart profit drops 7%
Strong growth in all core lines of business
Foreigners swap bonds for short-term paper
Sales fall in 20 of 21 industries
Fund well-positioned to acquire assets at attractive prices, CEO says