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October 13, 2008 10:35:32 AM CDT

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Stories related to: equity trading

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4 Stories

  • January 2008

    • IPOs Are Dropping Like Flies

      Bloomberg  |  Jan 28, 08 12:40 PM CST

      IPOs Are Dropping Like Flies

      (Newser) - The subprime flu that’s laid low Wall Street has infected another victim: IPOs. Because of market volatility, 24 IPOs have been shelved this month—the most in a decade, Bloomberg reports. Tommy Hilfiger Corp. highlights a roster of firms that postponed or canceled going public. The largest was Imperium Renewable, a biodiesel producer that says it abandoned its $345 million sale because of “unfavorable market conditions.'' More »

      Tags

      IPO  • equity trading

  • November 2007

    • Looming Tax Bill to Test Dem Loyalties

      Washington Post  |  Nov 7, 07 8:04 PM CST

      Looming Tax Bill to Test Dem Loyalties

      (Newser) - A bill to give tax breaks to middle- and low-income people by closing loopholes that keep equity executives’ tax rates low is set for a vote this week in Congress, the Washington Post reports, forcing Democrats to choose between standing up for the common man and protecting the hedge-fund managers who keep campaign coffers full. More »

      Tags

      Congress  • hedge fund  • tax cuts  • tax breaks  • equity trading

  • October 2007
  • June 2007

    • Mortgage Trouble Rattles Wall Street

      Bloomberg  |  Jun 14, 07 10:54 AM CDT

      Mortgage Trouble Rattles Wall Street

      (Newser) - Bear Stearns posted a 10% drop in quarterly earnings today, the latest victim of the subprime collapse. The country's second-largest mortgage-bond underwriter posted profits well below expectations, down nearly 33% from last year to $362 million. Goldman Sachs escaped bruised but more-or-less unscathed, with profits up 1% on the strength of its banking division. More »

      Tags

      US economy  • subprime mortgages  • business  • Bear Stearns  • Goldman Sachs  • earnings reports  • finance  • investment bank  • equity trading

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