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Second Martoma tipper identified as trial nears

Witch Doctor

Former SAC Capital Advisors LP manager Mathew Martoma, who faces trial in November on insider trading charges tied to illicit tips on an Alzheimer’s drug, got some of his information from New Jersey physician Joel Ross, two people familiar with the matter said.

Icahn waves white flag on blocking Dell deal

Carl Icahn Laboratory

Billionaire activist investor Carl Icahn waved a white flag of surrender in his effort to derail Dell's $25 billion bid to go private, saying a path to victory was "impossible" given the obstacles.