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business - "short"
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Visa raises about $17.86 billion in record IPOSAN FRANCISCO (MarketWatch) -- The initial public offering of credit card company Visa Inc. priced at $44 a share late Tuesday. The offering raised a record $17.86 billion with the issue of 406 million shares. The $44 a share price was above the expected range of $37 to $42 a share.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news. MarketWatch.com Tuesday, March 18, 2008
Carlyle Capital granted court OK for compulsory liquidationSAN FRANCISCO (MarketWatch) -- Carlyle Capital Corp. was granted a court order to be placed into compulsory liquidation on March 17, the company said late Tuesday. Alan Roberts and Neil Mather, from Begbies Traynor, were appointed joint liquidators, according to Carlyle. On March 18, the Royal Court in Guernsey approved the appointment of two additional liquidators, Chris Morris and Adrian Rabet. The liquidators will be responsible for assessing Carlyle's assets and establishing its liabilities. market pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news. MarketWatch.com Tuesday, March 18, 2008
JennisonDryden Launches Dryden US Equity Active Extension Fund (Business Wire)NEWARK, N.J.----JennisonDryden mutual funds announced that it has recently launched the Dryden US Equity Active Extension Fund , managed by Quantitative Management Associates to employ an innovative structure that combines long and short positions in a single portfolio. yahoo.com Tuesday, March 18, 2008
McColl School of Business shifts to 20-month exec MBA programThe McColl School of Business at Queens University of Charlotte will shift its executive MBA program to a 20-month schedule in September, shortening it from 24 months. Bizjournals.com Tuesday, March 18, 2008
Fed's short-term rate cuts fuel stock market rallyThe Federal Reserve today cut 75 basis points from two key short-term interest rates -- a move that in less turbulent times would have been viewed as a drastic measure, but which fell short of some investors' expectations for a full 1 percent cut. The Fed's actions fueled a stock market rally, but aren't expected to have an impact on long-term interest rates like mortgages until investors who fund loans return to the secondary market where they are bought and sold. more...read more InMan Tuesday, March 18, 2008
Kuwait emir to tackle cabinet rowKuwait's ruler is expected to cut short a private trip to Morocco to try to resolve a growing political crisis. BBC Tuesday, March 18, 2008
Outer Hebrides excellence awards to take place in BenbeculaMore than twenty businesses are in the running for Outer Hebrides service excellence awards ceremony after judges announced the final shortlist today (Tuesday March 18). hie.co.uk Tuesday, March 18, 2008
Stocks to Look at for Tuesday, March 18These are some stocks that have been tagged by users over at StockTickr:PNSN: PENSON WORLDWIDE INC Outlook: Short New low on 7.37 times average volume: 2,073,235 vs. 281,395(tags: short, New Low on Huge Volume)RMG: RISKMETRICS GROUP Outlook: Short New low on 6.87 times average volume: 1,319,135 vs. 192,000(tags: short, New Low on Huge Volume)UYG: PROSHARES TRUST Outlook: Short New low on [...] Deep Market Tuesday, March 18, 2008
S&P upgrades Lehman on strength of earnings reportNEW YORK (MarketWatch) - Struggling broker Lehman Brothers Holdings Inc.. was upgraded to hold from sell by Standard & Poor's Ratings services Tuesday after the company reported better-than- expected first quarter earnings. Shares of Lehman Bros. had fallen almost 50% Monday on fears that it was facing a liquidity shortage. 'We believe LEH is well capitalized despite current market conditions, and we believe it will continue to have ample access to additional funding should the need arise,' the ratings action said. S&P also raised its target price for the bank by $17 to $47, or 1-1/2 times the projected book value. On Monday, Deutsche Bank maintained its buy rating on the stock, Moody's Investors Service trimmed its outlook on the investment bank's debt rating and UBS downgraded Lehman to neutral. MarketWatch.com Tuesday, March 18, 2008
Lawmakers save one vetoed billPIERRE - A bill aimed at giving taxpayers more information about state government budgets and finances fell two votes short Monday of surviving Gov. topix.net Tuesday, March 18, 2008
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Archived "business - short" news stories.
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