Capital race is on for banks
Wells Fargo and Morgan Stanley are finding stock sales to be a breeze. Those banks that wait, however, may find themselves in a more difficult spot.
Wells Fargo and Morgan Stanley are finding stock sales to be a breeze. Those banks that wait, however, may find themselves in a more difficult spot.
Investors rushed into stocks on Monday, including those for many Austin-based companies, based on news of increases in pending US home sales and construction spending for March.
WALL Street skidded at the opening today amid investor jitters about the spread of swine flu and reports suggesting big US banks might need further capital to shore up their finances. The Dow Jones Industrial Average dropped 84.35 points (1.05 per cent) to 7940.65 in the first trades, extending …
By MARSHALL ECKBLAD and DAVID ENRICH – Wall Street analysts and investors say banks with large portfolios of commercial real-estate loans, especially in recession-battered regions like the Midwest and Southeast, are most likely to find themselves in the crosshairs as a result of the stress tests being finalized by federal regulators.
By JACK HEALY It seemed like enough to keep Wall Street’s rally going on Monday: The banking giant Bank of America reported a $4.2 billion profit, and two major technology companies announced a merger.
Things are finally brightening up on the depressed high-tech IPO scene. Two deals–language-software company Rosetta Stone and online college Bridgepoint …
By Russ Garland Venture capital investment plunged 50% from a year ago, signaling what could be a fundamental shift in the industry’s size and direction.
By Kevin Cho and Joseph Galante April 16 (Bloomberg) — EBay Inc. offered to buy South Korean online auctioneer Gmarket Inc. for $1.2 billion in cash, seeking to expand in the world’s most connected Internet market after posting its first sales decline …
Author: Steven Selengut
Abstract : It’s smart cash because it is created by the operation of the portfolio and ready for reinvestment. If it remains uninvested while new investment opportunities exist, it loses IQ points rapidly. If you’ve ever turned an unrealized gain into a realized loss, if you’ve ever sold mutual fund shares to deal [...]
In the wake of the financial crisis, almost all investors are looking for safety. As a result, financial firms are peddling a number of investments that promise protection of your principal, regular monthly payouts or guaranteed minimum returns.