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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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Banker bonuses down? Don’t believe a word of it.

Category : Stocks

New York City bean counters would like you to believe that Wall Street bonuses have plummeted. In fact, the reality is much different, at least for those who are left in the industry.

Original post: Banker bonuses down? Don’t believe a word of it.

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Iran clashes over currency crisis

Category : Business

Riot police in Iran break up protests in the capital, after sharp falls in its currency, the rial, which has plummeted against the US dollar.

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Sharp (SHCAF.PK) President Takashi Okuda has told Nikkei that he’s ready to sell a 9.9% stake in the troubled company to Hon Hai Precision Industry at a lower price than the ¥550 ($7.02) initially agreed to in March, since when Sharp’s stock has…

Category : World News

Sharp (SHCAF.PK) President Takashi Okuda has told Nikkei that he’s ready to sell a 9.9% stake in the troubled company to Hon Hai Precision Industry at a lower price than the

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Staples goes splat but Target is on the mark

Category : Business

Investors, like consumers, have become more discerning. Shares of big-box retailers Wal-Mart and Target are thriving but office supply chain Staples plummeted on a poor sales outlook.

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Green Mountain shares sink 40% on weak outlook

Category : Business

Green Mountain Coffee Roasters shares plummeted in premarket trading Thursday after the company reported quarterly revenue that missed estimates and lowered its guidance for 2012.

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Sino-Forest Files Bankruptcy, Sues Muddy Waters for $4B (Update 1)

Category : Stocks

Updated with added data and commentary throughout.

NEW YORK (TheStreet) –Sino-Forest will file for bankruptcy and said that it has reached an agreement with a committee of bondholders for a sale of the company, or a restructuring that would put the company’s assets in the hands of its creditors.

The Chinese forestry giant once traded on the Toronto Stock Exchange said that allegations of fraudulent accounting practices of its timber assets by hedge fund Muddy Waters Research were “defamatory.” After those allegations surfaced in 2011, Sino-Forest shares plummeted, amid internal and regulatory investigations into the company’s finances.

Read more from the original source: Sino-Forest Files Bankruptcy, Sues Muddy Waters for $4B (Update 1)

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Kass: The ‘Wisdom’ of Jeremy Siegel

Category : Business, Stocks

This commentary originally appeared at 7:30 a.m. EST on Feb. 14 on Real Money Pro — for access to all of legendary hedge fund manager Doug Kass’s strategies and commentaries, click here.

I believe that the stock market will do better in 2008 than it did in 2007, when it chalked up a 5.5% return, the fifth year in a row that the market went up. Year-ahead forecasts for the market are notoriously difficult, but I believe that a 10% to 12% gain is possible, on the heels of a recovering financial sector. Financial stocks plummeted about 20% last year, and this was the reason why the market had a mediocre year. Outside of financials, the S&P 500 Index had double digit returns. A revival of financial stocks would spur good market gains this year.

– Dr. Jeremy Siegel, “Outlook for 2008″

The rest is here: Kass: The ‘Wisdom’ of Jeremy Siegel

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Momenta Pharmaceuticals ([[MNTA]] -2.6%) is trading down after reporting a Q4 net loss, reversing year-ago gains and missing forecasts. Revenue plummeted 49% Y/Y on lower sales of enoxaparin, a key customer’s drug used to treat blocked arteries.

Category : Stocks, World News

Momenta Pharmaceuticals (MNTA -2.6%) is trading down after reporting a Q4 net loss, reversing year-ago gains and missing forecasts. Revenue plummeted 49% Y/Y on lower sales of enoxaparin, a key customer’s drug used to treat blocked arteries. Post your comment!

Go here to read the rest: Momenta Pharmaceuticals ([[MNTA]] -2.6%) is trading down after reporting a Q4 net loss, reversing year-ago gains and missing forecasts. Revenue plummeted 49% Y/Y on lower sales of enoxaparin, a key customer’s drug used to treat blocked arteries.

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