Highlights
A collection of news and information related to Mutual Funds published by Tribune Company sources.
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Dow drops more than 340 on retail sales reports, jobless data
The Associated PressWall Street plunged today, sending the Dow Jones industrials down more than 340 points as retailers and the Labor Department added to the mountain of dismal economic news that has all but dashed investors' hopes for a late-year recovery. The market was...Tags: Gold and Precious Material, Gap Inc., Petroleum Industry, Financial Markets, Toll Brothers Inc
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Commodities Bubble Snags First Victims
Associated PressThe deflating commodities bubble is claiming its first casualties as large investment funds absorb staggering losses from bad bets that prices for oil, precious metals and grains would keep going up. Hedge fund operator Ospraie Management LLC notified...Tags: Lehman Brothers Holdings Incorporated, Natural Resources, Energy Resources, Petroleum Industry, Potash Corporation of Saskatchewan Incorporated
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Wall Street bummer
Of The Associated PressWall Street plunged Thursday, sending the Dow Jones industrials down more than 340 points as retailers and the Labor Department added to the mountain of dismal economic news that has all but dashed investors' hopes for a late-year recovery. The market...Tags: Gold and Precious Material, Citigroup Incorporated, Gap Inc., Financial Markets, Toll Brothers Inc
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Cops: Peconic mother and son in murder-suicide
The bodies of a reclusive, elderly mother and her son were found in a gas-filled farmhouse in Peconic yesterday, the victims of a murder-suicide, according to Suffolk police and neighbors. Southold police discovered the bodies of Stella and Joseph...Tags: Peconic Bay, Firearms, Murder, Farms, North Fork
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CME trading volume falls 32% in August
Dow Jones NewswiresTrading volume at CME Group Inc. fell 32 percent in August compared with a year ago, marking the third consecutive month of decline as banks and hedge funds steer clear of the exchange's core interest-rate and equity contracts. CME, the world's largest...Tags: New York Mercantile Exchange, Chicago Board of Trade, Petroleum Industry
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Value investing is no bargain
Value investing, the strategy of picking stocks perceived to be trading for less than their intrinsic worth, isn't having an easy year. The usually steady financial stocks that dominate many value portfolios are in disarray, periods of uncertainty...Tags: Warren Buffett, Auto Trends, Sales, Periodicals, Penn Virginia Corporation
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A Bridge For College-Bound Foster Kids
Greenwich TimeAt 5 years old, Daniel Ndamwizeye lost his parents during the genocide in Rwanda. He spent years as an orphan in Africa, living with different families. "It wasn't a good experience. It was not a safe place to be," said Ndamwizeye, now 19. "It was really...Tags: Colleges and Universities, People, Southern Connecticut State University, Awards and Prizes, Family
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Fannie Mae shakes up 3 top executive posts
Associated PressMortgage finance giant Fannie Mae shook up its executive ranks yesterday, after shares in it and sibling company Freddie Mac rose for a third straight day as investors appeared less certain a government bailout of the two troubled companies was imminent....Tags: Fannie Mae, Insurance, Government, Darien (Fairfield, Connecticut), Credit and Debt
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Investment jargon can be confusing. Here's help.
The Baltimore SunAre you confused when your broker says your stock is headed for "bagel land?" Not sure whether to worry that your bank loaded up on "CDOs-squared?" Do you fall into a trance after reading the first paragraph of a mutual fund prospectus? It's not just...Tags: Retirement, Georgetown, Sales, Personal Investing, Credit and Debt
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Insider family finances
Tribune NewspapersWASHINGTON — When Joe Biden's brother and son wanted to buy a hedge fund company two years ago, they turned for financing to an Illinois law firm that had lobbied the Delaware senator's office on an important piece of business in Congress—...Tags: Trials, Court Administration, Upper House, Employees, Arlen Specter
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The Bidens And The Law Firm
Los Angeles TimesWhen Joe Biden's brother and son wanted to buy a hedge fund company two years ago, they turned for financing to a law firm that had lobbied the Delaware senator's office on an important piece of business in Congress — and in fact had just...Tags: Trials, Court Administration, Upper House, Employees, Elections
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California firm offers to buy Long Island mall company
james.bernstein@newsday.comFeldman Mall Properties, the Great Neck-based real estate investment trust that lost millions in the past year as a credit crisis has gripped the mortgage and financial markets, now has a suitor - a California company offering $17.7 million. MacKenzie...Tags: Feldman Mall Properties, Land Price, Investment Service, New York Stock Exchange, Long Island
Sep 4, 2008
|Story| Associated Press
Sep 4, 2008
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Sep 4, 2008
|Story| Allentown Morning Call
Sep 4, 2008
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Sep 3, 2008
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Aug 31, 2008
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Sep 1, 2008
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Aug 28, 2008
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Aug 25, 2008
|Story| South Florida Sun-Sentinel
Aug 29, 2008
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Aug 28, 2008
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Aug 26, 2008
|Story| Newsday
