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Daily Archives: March 15, 2008

China’s CITIC Securities To Walk Out On Bear Stearns (BSC)

Posted: March 15, 2008 at 2:09 pm

In a previously announced deal China's CITIC said it planned to invest $1 billion in Bear Stearns (NYSE: BSC). It has had a day to think that over after Bear ...
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McDonald’s (MCD), Sara Lee (SLE) And Wheat

Posted: March 15, 2008 at 10:08 am

The price of wheat has gone up three-fold in ten months. For something that looks like a weed, that is an impressive run.Since a large number of business from McDonald's ...
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UBS (UBS) Faces Suit Over Auction-Rate Markets

Posted: March 15, 2008 at 2:46 am

In the first of what is likely to be an avalanche of suits over the collapse of the auction-rate market, UBS (NYSE: UBS) has been sued for misleading investors. According ...
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Home Builders Sucked Into Credit Crisis (LEN)(TOL)(KBH)

Posted: March 15, 2008 at 2:33 am

As the financial crisis spreads quickly from Wall St. to other industries, two large home building projected have received default notices. The problems involve developments in Las Vegas where house ...
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