A Santa Monica-based stock promoter has been charged with fraudulently raising nearly $3.5 million from investors to purchase Facebook (FB) and Twitter (TWTR) stocks before their initial public offerings.
By Philip van Doorn, MarketWatch
The Russell 2000 has underperformed this year, but recent trading shows strength heading into January
The small-cap Russell 2000 Index , as you can see on the chart above, has trailed the S&P 500 Index (SPX) of the biggest U.S. companies this year.
By Andrey Ostroukh
MOSCOW--The ruble extended its rebound, hitting the highest levels in two weeks Tuesday as Russian authorities ordered major state companies to sell foreign currency to stabilize the market.
Acquisition of New York Life's RPS business accelerates John Hancock's expansion into the mid-case and large-case retirement plan markets and increases plan assets under administration by approximately US$50 billion (60 percent) to about US$135 billion
Reinsurance of 60 percent of certain John Hancock life insurance policies to New York Life redirects capital to higher growth, higher return businesses TORONTO , Dec.
By Anora Mahmudova and Sara Sjolin, MarketWatch
Economy grew at 5% annual pace in third quarter
NEW YORK (MarketWatch) -- U.S. stocks continued their record run on Tuesday, as a triple-digit gain on the Dow industrials took it past the 18,000 level for the first time while the S&P 500 hit an intraday record.
By Ashby Jones
In yet another sign that the smartphone-patent wars are starting to cool, Apple Inc. and a handful of other big technology companies have agreed to sell the bulk of a jointly owned portfolio of telecommunications patent assets for $900 million, less than a quarter of the $4.5 billion they paid for the full portfolio four years ago.
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