SAC Said to Receive a Wells Notice From SEC

Nov. 28 (Bloomberg) -- SAC Capital Advisors LP, the $14 billion hedge fund run by Steven Cohen, told clients on a conference call today that it received a Wells Notice from the U.S. Securities and Exchange Commission, according to a person who listened to the call. Betty Liu and Dominic Chu report on Bloomberg Television's "In the Loop." (Source: Bloomberg)
Australia Central Bank Cuts Rates
44:39 - The central bank in Australia has cut its benchmark rate a quarter point to two percent. Bloomberg’s James Thornhill in Sydney describes the market reaction and outlines prospects for further easing.
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