BusinessWeek Investment News
Stanley Sees Fed Raising Key Rate to 3% by End 2010 (Update1)
The Federal Reserve will have to raise its benchmark interest rate to 3 percent by the end of the year to combat inflation, said Stephen Stanley, chief economist at RBS Securities Inc. in New York.
Categories: investments
Citigroup, Marshall & Ilsley Post Biggest S&P Drops (Update2)
Citigroup Inc. and Marshall & Ilsley Corp. were among the worst performing stocks in the Standard & Poor’s 500 Index this year, dragged down by souring commercial and residential property loans that may extend the declines into 2010.
Categories: investments
Japan Air Plunges Amid Bankruptcy Fears
Japan Airlines Corp., Asia’s biggest carrier by sales, plunged to a record in Tokyo trading after reports the carrier may enter bankruptcy proceedings led investors to sell shares on the year’s last trading day.
Categories: investments
GMAC Said to Discuss $3 Billion or More in U.S. Aid
GMAC, the home and auto lender that counts the U.S. government as the largest stakeholder, is discussing with the Obama administration a third bailout of $3 billion to $4 billion
Categories: investments
Biggs, Faber Predict Dollar Rally as S&P 500 Surges
Barton Biggs and Marc Faber, who recommended buying stocks in March when investors were dumping them, are again united as they predict gains for U.S. equities and the dollar
Categories: investments
Treasuries Little Changed After $42 Billion 5-Year Note Sale
Treasuries were little changed after the government sold a record-tying $42 billion of five-year debt, the second of three note sales this week totaling $118 billion.
Categories: investments
SEC Suit: Sanofi Bid for Chattem Leaked to French Investors
Sanofi-Aventis SA’s $1.9 billion bid for Chattem was leaked in advance to two French investors who reaped $4.2 million by making illegal insider trades, U.S. regulators claim in a lawsuit
Categories: investments
IPOs' Boon for Jobs Is Overblown
New research casts doubt on a claim that 90 percent of employment growth happens after a company goes public
Categories: investments
Mitt Romney's Private Equity Nightmare
A plainspoken union organizer embodies the blue-collar case against private equity, Romney-style
Categories: investments
Facebook Falls Below Its IPO Price
Facebook is a $38 special no more. But what is the social network really worth?
Categories: investments
The Developer Behind a $90 Million Penthouse
Gary Barnett builds luxury buildings for the global elite
Categories: investments
Epic Tech IPOs: Triumphs, a Travesty, and a Tragedy
A look back at some of the most successful tech IPOs ever, and some that didn't go as well
Categories: investments
Facebookmania Begins
The social network makes its long-awaited debut in the public market
Categories: investments
Nine Things You Should Know About Facebook's IPO
Before diverting your child's college savings fund to invest in Facebook stock, read our take on the biggest "liquidity event" of the social-media era
Categories: investments
Taking a Whack at Romney's Private Equity Past
Obama's campaign attacks will be relentless and could upend the industry
Categories: investments
How JPMorgan Lost $2 Billion Without Really Trying
The bank won't say, but clues are surfacing
Categories: investments
Why Foreign Banks Are Shunning American Millionaires
New tax reporting rules prompt banks to turn away U.S. customers
Categories: investments
Fewer Stock Splits, Record Share Prices
A tactic to lure investors goes out of style, and average share prices rise
Categories: investments
Mark Walter, the Moneyman Behind the Dodgers Deal
A seasoned financier pays a premium for a storied team
Categories: investments
Bid & Ask: The Deals of the Week
Northern Iron rejects a takeover offer; No. 1 uranium producer Cameco buys Nukem Energy; and more
Categories: investments

