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Meredith Whitney winding down brokerage unit

Meredith Whitney winds down brokerage unit still

Meredith Whitney, who built her own Wall Street advisory firm after gaining renown for a 2007 call on Citigroup, deregistered her brokerage unit after three unprofitable years and is setting up an investment fund, according to industry records.

Global PC sales tank to lowest level since 2008

Hand On Keyboard Jakub Krechowicz

Global personal computer (PC) shipments tanked almost 9 percent on-year during the third quarter - a period of historically strong demand - to the lowest level in five years, according to a new report by Gartner.