Daily News Channel
At 4:30, when most of Wall Street is winding down, Walter Zimmermann begins a high-stakes, high-wire act conducted live before a paying audience. About 200 institutional investors—including airlines and oil companies—shell out up to $3,000 a month to catch his daily webcast on the volatile energy markets, a performance that can move hundreds of millions of dollars.
Investors keen to protect their precious cash have sought security in all the usual places in recent months.
FROM its inception, the stock market was meant to be a place where businessmen could raise capital by selling shares in their enterprises, and where investors could turn a profit when those enterprises prospered.
Moneymen offer investors new ways to keep cash and earn high interest 20% annual interest—Trust Deeds Safely Secured… 18% United States Government Guaranteed Securities ..
As Bear Stearns careened toward its eventual fire sale to JPMorgan Chase last weekend, the cost of protecting its debt, through an instrument called a credit default swap, began to rise rapidly as investors feared that Bear would not be good for the money it promised on its bonds. Not familiar with credit default swaps
Is there anybody out there investors can trust? Wall Street was pondering that today as markets were hammered following last night’s announcement that WorldCom had inflated profits by a staggering $3.8 billion over the past five quarters
Sales of Video Game and Flagship Software Lift Microsoft Microsoft’s profit engine is humming along nicely, even if most investors remain unimpressed and the software giant’s stock price is stagnant. Microsoft reported strong gains on Thursday in its first-quarter profit and revenue because of robust sales in its mainstay business of selling personal computer software […]
Former U.S. Republican vice presidential candidate Sarah Palin will be in Hong Kong this week to address about 1,000 investors from around the globe in what is billed as her first speech outside North America
The German government plans to meet Wednesday night to discuss the future of carmaker Opel and weigh bids for the General Motors subsidiary. A spokesman for the German chancellor’s office said he did not expect a final decision on Opel to be made Wednesday. “It’s just to check the offers of the investors, then to see how we can go on,” said the spokesman, who declined to be named