A federal judge agreed Tuesday to allow the IRS to serve legal papers on Swiss banking giant UBS AG in an expanding investigation into U.S. taxpayers who may have used overseas accounts to hide assets and avoid taxes.
The Nasdaq 100 finished higher on Monday with shares of beverage company Hansen Natural Corp. posting gains after an analyst said convenience store sales of energy drinks were strong in June.
Shares of Monster Worldwide Inc., operator of job Web site Monster.com., fell to their lowest level since 2003 Monday, as the broader market declined and an analyst lowered her price target on the stock.
VeriSign Inc. shares sank Monday in the first trading day after the company said William A. Roper resigned as chief executive and that its founder and first CEO, Jim Bidzos, would take over in the interim as it searches for a new head.
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