[ Content | View menu ]

Monthly Archive August, 2008

Harley Rumble: Motorcycles parade through Milwaukee

August 31, 2008

Thousands of motorcyclists from across the country and around the world took part Saturday morning in a parade through the streets of Milwaukee as Harley-Davidson […]

term - Comments closed

Exiting managers cast pall over hedge fund industry

August 29, 2008

Running a hedge fund was long considered the crown jewel in finance but this summer a growing number of managers have called it quits, […]

money - Comments closed

FDIC sees most problem banks since 2003

August 27, 2008

The number of troubled U.S. banks rose 30 percent to 117 in the second quarter, the highest level in five years, and a top […]

marketing - Comments closed

Banks to buy back auction-rate securities

August 25, 2008

Merrill Lynch & Co., Goldman Sachs Group Inc. and Deutsche Bank on Thursday joined other major financial companies in settling with regulators over their […]

money - Comments closed

Bargain hunters boost BJ

August 22, 2008

BJ’s Wholesale Club Inc. raised its full-year profit forecast on Wednesday as the warehouse club operator benefited from frugal shoppers looking for deals.
The Natick, […]

money - Comments closed

Ford to sell $500 million in shares

August 19, 2008

Ford Motor Co. said Friday it will sell $500 million in common stock to pay off debt at its financing arm, according to a […]

term - Comments closed

Embattled UBS restructures as rich clients flee

August 13, 2008

UBS AG (UBSN.VX: Quote, Profile, Research, Stock Buzz) will separate its investment bank from its prized wealth management arm, paving the way to sell […]

marketing - Comments closed

RBS suffers first-ever loss after $11 bln writedown

August 9, 2008

A 5.9 billion pound ($11.4 billion) writedown on risky assets sent Royal Bank of Scotland (RBS.L: Quote, Profile, Research, Stock Buzz) to a first-half […]

technology - Comments closed

July sales struggle as tax rebate cash ends

August 8, 2008

Retailers including Wal-Mart Stores Inc and Target Corp posted disappointing July sales results on Thursday as shoppers ran out of extra tax rebate cash, […]

economics - Comments closed

Fannie Mae raises fees again to mitigate losses

August 6, 2008

Fannie Mae is raising some fees on mortgage loans its purchases, marking the fourth increase in nearly a year, to reflect higher credit risk […]

management, money - Comments closed