Steve Cohen Could Still Face Charges

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July 08 (Bloomberg) -- Bloomberg's Sara Eisen reports on today's "Top Headlines." She speaks on Bloomberg Television's "Market Makers." (Source: Bloomberg)

But first, a market makers newsfeed.

Standard & poor's is getting its day in court.

S&p's lawyers say that reasonable investors would not have relied on what it called puffery about credit ratings.

S&p has cut softbank's credit rating to junk.

The japanese firm that just one a bidding war for sprint nextel is cut from triple b to double be plus, the highest noninvestment grade.

And from bloomberg.com, hedge fund billionaire steven: not off the hook just yet.

Federal prosecutors may miss the deadline for charging him in the biggest insider trading case in history.

Still, according to a person familiar with the probe, cohen will remain under investigation and could face conspiracy charges.

This morning a big piece of good news for michael dell there it -- big piece of good news for michael dell.

This text has been automatically generated. It may not be 100% accurate.

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