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Daily Archives: September 11, 2008

Bear_2

Investors Walk Out On Emerging Market Markets

Posted: September 11, 2008 at 4:28 am

Global investors have become gun shy about owning bonds and equities in firms based in emerging markets. What was once considered a part of the world's markets where a strong ...
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World’s Second Richest Man Buys Into New York Times (NYT)

Posted: September 11, 2008 at 4:11 am

The second richest man in the world has acquired a stake in The New York Times Co. (NYT), but there's a good chance you've never heard of him.Carlos Slim, the ...
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Bear

Sharp Increase In Short Bets On Big Financial Firms

Posted: September 11, 2008 at 3:20 am

Short interest in a number of financial stocks moved up very sharply for the period ending August 29. Shares short in Washington Mutual (WM) rose 12% to 383 million. Short ...
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Newspaper

Media Digest 9/11/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: September 11, 2008 at 2:54 am

According to Reuters, Washington Mutual (WM) fell 30% to a 17-year low.Reuters reports that billionaire Carlos Slim has bought 6% of The New York Times (NYT).Reuters writes that Northrop Grumman ...
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Asia Markets 9/11/2008 (CHL)(LFC)

Posted: September 11, 2008 at 2:28 am

Asia markets fell sharplyThe Nikkei was off 2% to 12,103. Mitsubishi UFJ Financial fell sharply as did Canon.The Hang Seng fell 3.5% to 19,304. China Mobile (CHL) was off nearly ...
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