Sac bonuses
SAC Capital is raising bonuses for portfolio managers by 3 percentage points to help retain employees as the feds’ insider-trading probe moves closer to Stevie Cohen’s $14 billion hedge fund.
Watch it!
Broker Cantor Fitzgerald faces a possible credit downgrade from its BBB rating, Fitch Ratings said.
Curran caught
Mary Curran, an ex- UBS client, admitted to using Swiss bank accounts to hide more than $43 million in the largest individual offshore tax evasion case since a crackdown began in 2008.
Not so dreamy
Boeing shares slipped 2.6 percent to $74.13 after Japan Airlines had a Boeing Dreamliner towed back to a Boston airport gate when the jet leaked fuel while taxiing for takeoff to Tokyo, a day after a fire broke out on another 787 at the same airport.
Staying put
The city reached a tentative deal with the merchants who operate the Hunts Point Terminal Produce Market in The Bronx to extend their lease by 10 years, Crain’s New York Business reported.
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