UNDERPERFORM

JPMorgan Chase & Co. Analyst Get Involved in Insider Trading.

Ashish Aggarwal, 27 a former JPMorgan Chase analyst was charged with US$600,000 insider trading scandal. He released information to his two friends about Integrated Device Technology Inc. plan to buy PLX Technology Inc in 2012 and Salesforce.com to acquire ExactTarget Inc. in June 2013. In June 2013, shares of ExactTarget jumped 52 percent along with Salesforce.com plan to buy the company for US$2.5 billion. (UP01/BL/26/August/15)

Billionaires Lost US$124 Billion on Black Monday.

The richest people in the world have lost for US$ 124 billion as the market plunged in nearly 4 years. Bloomberg released the unfortunate billionaires included Bill Gate with US$ 3.2 billion lost and Jeff Bezos of $2.6 billion wipe off. Following global market shares fall, commodities price down in 16-year and Brent crude oil dropped below US$ 45 a barrel. (UP02/BL/25/August/15)