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Market News

Location American Market News for 28 December 2013
Meet The Real 'Wolf Of Wall Street' In Forbes' Original Takedown Of Jordan Belfort In 1991, Forbes called Belfort a "twisted Robin Hood who takes from the rich and gives to himself and his merry band of brokers."
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Swiss Banks Turn Up the Heat

Wall Street Journal - 28 Dec 2013 03:27
Swiss banks are putting pressure on account holders to prove they are in compliance with U.S. tax laws.
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Twitter tumbles after warning on overvaluation

livemint.com - 28 Dec 2013 08:30
Twitter tumbles after warning on overvaluation Twitter shares closed down 12.99% at $63.79; but the stock has more than doubled from its offering price at $26 on 7 November
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Monte dei Paschi Holders OK Capital Raising

Wall Street Journal - 28 Dec 2013 20:59
Banca Monte dei Paschi di Siena SpA's shareholders Saturday authorized the bank to carry out a 3 billion euros capital increase only after May of next year.
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The Best Financial Advice I Ever Got

Wall Street Journal - 28 Dec 2013 18:57
Wisdom from 22 successful investors, business owners, Nobel laureates and other big names.
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Twitter Reverses Rally as Shares Dive

Wall Street Journal - 28 Dec 2013 07:20
The stock tumbled 13% Friday after an analyst downgraded the microblogging company on valuation concerns.
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Hedge-Fund Firm That Owns a Town in California

Wall Street Journal - 28 Dec 2013 06:42
Marathon Asset Management became an accidental landlord when a bankruptcy court awarded it ownership of Scotia.
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Africa's Richest Man Bets Big on Oil Refinery

Wall Street Journal - 28 Dec 2013 06:22
For two decades, Aliko Dangote has turned his relentlessness, connections and entrepreneurial bets on the rise of Africa into a fortune estimated at about $22 billion. He now has a plan to quintuple his wealth.
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Little Recovery for Dreier Fraud Victims

Wall Street Journal - 28 Dec 2013 03:14
Investors in 2008's Dreier investment fraud are expected to recover less than 13 cents on the dollar, according to federal bankruptcy court filings, much less than the payouts in the Madoff pyramid scheme.
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LONDON -- It seems antithetical: As artisanal craft beers and real ales enjoy a major resurgence on both sides of the Atlantic, with microbreweries popping up under railway arches and in abandoned factories across the U....
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