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FRIDAY, NOVEMBER 27, 2009
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NEWS ABOUT: investors

investors stories: 75 news summaries

61 - 75 of 75 Stories | << Prev 1 2 3 4

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Senior Dem
at SEC Will
Call It Quits

Departure clouds outlook for shareholder input on directors

Aug 10, 07 7:30 AM CDT
(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 ... More »

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Democrats • investors • shareholders • SEC • US economy • Roel Campos

Countrywide Reeling From Mortgage Woes

No. 1 mortgage company warns investors  of 'unprecedented disruptions'

Aug 10, 07 5:42 AM CDT
(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... More »

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investors • subprime mortgages • United States • mortgage • market • Countrywide

Euro Bank  Injects $190B to Avoid Crash

ECB's largest-ever emergency cash injection aims to stave off crisis

Aug 10, 07 5:28 AM CDT
(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... More »

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

Fed Stands Pat on Prime Rate

Central bank's top priority remains curbing inflation

Aug 7, 07 2:30 PM CDT
(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... More »

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

Dow Breaks 14,000 Barrier

Jul 19, 07 10:13 PM CDT
(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... More »

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New York Stock Exchange • investors • Dow Jones • financial markets • stock exchange

KKR Joins
IPO Party

After Blackstone's triumph, barbarians
at the public gate

Jun 22, 07 9:05 AM CDT
(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... More »

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

High Court Raises Bar for Investors' Suits

Companies trump shareholders for second time in a week

Jun 21, 07 3:14 PM CDT
(Newser) - Investors who accuse companies of fraud based on executives' misdeeds must show that they acted intentionally, the Supreme Court ruled today, making it easier for corporations to have shareholder lawsuits dismissed. The decision helps protect companies against frivolous suits by clarifying a 1995 law, the Times reports, but critics say... More »

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high school • free speech • investors • shareholders • football • business • telecom • sentencing • lawsuit • Tellabs • US Supreme Court

Hedge Fund Crisis Could Be 'Tip of Iceberg'

Suprime selloff, Bear Sterns collapse will test markets' elasticity

Jun 21, 07 5:54 AM CDT
(Newser) - The near-collapse of a $20 billion pair of hedge funds has left Wall Street jittery, though not yet in panic mode, the Journal reports. Speculation about the fate of the Bear Stearns funds rippled through yesterday's markets, where stocks and bonds dipped widely; news that banks were struggling to unload... More »

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stock market • investors • subprime mortgages • Bear Stearns • hedge fund

Yahoo! CEO
Logs Off

Semel leaves post
as tempers flare over poor performance—
and sky-high pay

Jun 18, 07 4:48 PM CDT
(Newser) - Yahoo CEO Terry Semel is out. In a surprise announcement, Yahoo said today that co-founder Jerry Yang will take over from Semel as CEO, who will step down immediately. The embattled Semel, who's been the target of recent shareholder ire, will stick around as non-executive chairman; Susan Decker, former head... More »

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Yahoo • Internet • investors • shareholders • Terry Semel • Jerry Yang • Susan Decker • search engine

Supremes Side With Banks in Antitrust Action

Credit Suisse, Goldman won't face class action suit over late-'90s IPOs

Jun 18, 07 2:40 PM CDT
(Newser) - The Supreme Court has broadened the shield protecting companies from antitrust lawsuits, ruling in a 7-1 decision this morning that investors cannot sue 16 banks they accuse of rigging Internet-boom-era IPOs. The majority said the SEC had adequately regulated banks' actions and that opening them up to this type of... More »

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investors • Goldman Sachs • Credit Suisse • antitrust • Stephen Breyer • IPO • bank • US Supreme Court

Wachovia Nabs A.G. Edwards

Deal takes aim at
small investors,
creates country's
No. 2 retail brokerage

May 31, 07 12:58 PM CDT
(Newser) - Wachovia will buy A.G. Edwards for $6.8 billion, forming the nation's number two retail brokerage. Wachovia's $89.50 per share offer for the historic Midwest brokerage—it survived the crash of '29—helps the bank further expand its growing securities arm. The combined company will manage over $1... More »

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investors • merger • Wachovia • A.G. Edwards • bank • acquisition

Cantor Cuts Ties to eSpeed, BGC

Bond trading firm moves to settle conflict-of-interest complaints of investors

May 30, 07 11:41 AM CDT
(Newser) - Cantor Fitzgerald, following conflict-of-interest complaints from investors, is planning to distance itself from the brokerage and online trading firms it controls. The deal will create a new company, a merger of eSpeed and BGC Partners.  More »

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investors • Cantor Fitzgerald • online trading • merger • bond trading • eSpeed • BGC Partners

Kerkorian Bets on Bellagio

Billionaire who controls MGM Mirage makes bid for its two hottest assetsi

May 22, 07 2:54 PM CDT
(Newser) - Activist investor Kirk Kerkorian, who holds a controlling interest in MGM Mirage, is making a play to buy two of the casino company's crown jewels. Kerkorian's company, Tracinda Corp., is in talks to acquire MGM's Bellagio Casino and the $7.4 billion CityCenter development, currently under construction. Kerkorian currently owns... More »

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private equity • Kirk Kerkorian • investors • Bellagio • MGM Mirage • Tracinda Corp. • privatization • CityCenter

(Newser) - After years of legal wrangling, Tyco will pay a record $2.975 billion to shareholders who say the company used faulty accounting practices to defraud them. The settlement by Tyco, which became a poster child for executive excess in the wake of the Enron scandal, represents the largest amount ever... More »

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investors • Tyco • Dennis Kozlowski • shareholders • business • lawsuit

Hitler Youth HQ to Become Posh Club

British investor will remodel and
reopen long-fallow building

Apr 24, 07 3:27 PM CDT
(Newser) - An idling behemoth in Berlin that has housed both the Hitler Youth and the East German Communist Party will soon become a swanky media club, complete with a 42-seat theater, a swimming pool and upscale bars. A secretive British investor recently bought the Bauhaus landmark, and hopes to open a... More »

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Berlin • Hitler youth • East German Communist Party • Jews • investors • club • Nazi • Britain

61 - 75 of 75 Stories | << Prev 1 2 3 4


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