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October 7, 2008 1:15:08 AM CDT


Stories related to: investors

Stories

Stories 21 - 40 of 41

  • September 2007
    • Subprime Crisis Sparks a Spate of Legal Battles

      Subprime Crisis Sparks a Spate of Legal Battles

      (Newser) - The troubles plaguing Countrywide and Bear Stearns’ hedge funds will move from the boardroom to the courtroom. Homeowners and banks are suing mortgage lenders, shareholders are suing funds, the SEC is investigating executives, and Congress may conduct hearings into credit agencies' practices. The current mess ensnares “an incredible range of parties,” one legal expert tells the Washington Post. More »

      Tags

      lawsuit   subprime mortgages   Wall Street   Bear Stearns   hedge fund   investors   homeowners   Countrywide   Enron

    • Study Links CEO's Private Life to Profits

      Study Links CEO's Private Life to Profits

      (Newser) - A new study adds to the growing pool of data showing how intimately a company's success can be linked to the life of its CEO, the Wall Street Journal reports. The latest finding indicates that a firm's profitability drops following the death of a CEO's close family member—though the death of a mother-in-law leads to a slight rise. More »

      Tags

      business   investors   CEOs   leadership   Business trends

    • SEC: Don't Blame Credit Markets for Firm's Demise

      SEC: Don't Blame Credit Markets for Firm's Demise

      (Newser) - The feds don’t know what happened to the millions of dollars that disappeared from the books of a Chicago-area cash management firm, but they don’t believe upheaval in the credit markets is to blame. Days after Sentinel Management blocked investors from withdrawing their investments, the company filed for bankruptcy, citing market turmoil—an excuse the SEC calls “false and misleading.” More »

      Tags

      Federal Reserve   Chicago   money   SEC   finance   markets   bankruptcy   investors

  • August 2007
    • Stocks Stall Amid Continued Anxiety

      Stocks Stall Amid Continued Anxiety

      (Newser) - The Dow dipped a quarter-point to close at 13,235.88 today as investors continue to fret over the possibility of a Fed interest rate cut. The S&P 500 dropped 1.57 to 1,462.5, and the Nasdaq fell 11.10 to 2,541.70. Home Depot led the retreat; shares fell fell 2.2% on news that the sale of one of its divisions is in trouble. More »

      Tags

      stock market   Federal Reserve   Wall Street   Dow Jones   Bank of America   interest rate   investors   Countrywide   Home Depot

    • Credit Crisis: Damaging or Deserved?

      Credit Crisis: Damaging or Deserved?

      (Newser) - The Economist takes the long view on the turmoil that has engulfed the financial markets, noting that investors have long wondered whether the "the securitisation of just about every form of debt into a tradable asset" would, in the end, spread risk efficiently or lead to cataclysmic failure. The immediate threat, it argues, is to the banking system, where lack of confidence in lending can cripple otherwise solvent institutions. More »

      Tags

      credit market   finance   markets   investors   risk management

    • BlackBerries Save Vacations for Bankers With Sand

      BlackBerries Save Vacations for Bankers With Sand

      (Newser) - As the volatile global markets continue to burn investors, tan-fan investment bankers are managing to keep tabs on crisis-threatened portfolios and still rack up required hours on the beach—with the help of their BlackBerries. The devices have become as de riguer as umbrellas and suntan oil on sands from New York to the Riviera. More »

      Tags

      investors   vacation   BlackBerry   global economy   beach   European Central Bank   market   investment bankers   global market

    • Senior Dem at SEC Will Call It Quits

      Senior Dem at SEC Will Call It Quits

      (Newser) - The SEC's senior Democrat, widely seen as tough on business and pro-shareholder, filed his walking papers yesterday. Roel Campos will quit the five-member panel next month after 5 years on the job and with a proposal pending that allows investors a greater say in appointment of company directors, the Washington Post reports. More »

      Tags

      US economy   Democrats   SEC   shareholders   investors   Roel Campos

    • Countrywide Reeling From Mortgage Woes

      Countrywide Reeling From Mortgage Woes

      (Newser) - The nation's largest mortgage lender has warned that troubles in the subprime credit market have led to "unprecedented disruptions" that will hurt their bottom line. The Los Angeles Times reports that Countrywide is steeling its investors for bad news: in a suddenly illiquid market the already-troubled company has been forced to hold $1 billion more "non-prime" mortgages than intended. More »

      Tags

      subprime mortgages   United States   mortgage   investors   Countrywide   market

    • Euro Bank Injects $190B to Avoid Crash

      Euro Bank Injects $190B to Avoid Crash

      (Newser) - The European Central Bank has released $190 billion in emergency funds in a desperate attempt to restore liquidity to the region's markets. The Financial Times reports that the ECB's emergency injection echoes moves by central banks in Japan, the US and Canada but is unprecedented in scale. The move rattled investors and sent stocks sliding even further. More »

      Tags

      subprime mortgages   stocks   finance   markets   investors   loans   liquidity   European Central Bank   BNP Paribas

    • Fed Stands Pat on Prime Rate

      Fed Stands Pat on Prime Rate

      (Newser) - The Fed today kept its benchmark interest rate steady at 5.25%, despite concerns that tightening credit will lead to an economic downturn. It's the ninth consecutive time the Fed has left the prime rate unchanged, the Times reports, and a sign that Ben Bernanke's top priority is curbing inflation rather than accommodating apprehensive investors. More »

      Tags

      Federal Reserve   US economy   Wall Street   Ben Bernanke   housing market   inflation   interest rate   investors   central bank

  • July 2007
    • Dow Breaks 14,000 Barrier

      Dow Breaks 14,000 Barrier

      (Newser) - The stock market swept aside sub-prime anxieties today to surge past the 14,000 mark; the 82.19-point run-up was fueled by strong results from IBM and Exxon Mobil. It was the 32nd record close for the Dow Jones Index this year, and—with just 58 trading days since the market broke 13,000—the second-fastest 1000-point leap in Dow history, the Wall Street Journal reports. More »

  • June 2007
    • KKR Joins IPO Party

      KKR Joins IPO Party

      (Newser) - Corporate raiders Kohlberg Kravis Roberts & Co. have announced an initial public offering , on the heels of a wildly successful $34B IPO by rival Blackstone yesterday. The mammoth LBO group, whose boss Henry Kravis maintains a well known rivalry with Blackstone's Stephen Schwarzmann, waited to make sure Blackstone swam before making the announcement. More »

      Tags

      private equity   taxes   IPO   investors   Blackstone Group   KKR   finances   Stephen Schwarzman   Henry Kravis