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Posts Tagged ‘Closes’

Buffett Closes Wesco ‘Backdoor’ to Berkshire Stake

June 24th, 2011 Comments off

Berkshire Hathaway has agreed to buy the 20 percent of Wesco it doesn’t own, ending access to Warren Buffett’s corporate gains for investors who don’t buy Berkshire stock
BusinessWeek.com — Finance

Goldman Closes the Door on Subprime

June 11th, 2011 Comments off

The sale of a mortgage servicer marks the end of a misadventure
BusinessWeek.com — Finance

Categories: Investing Tags: , , ,

Dow Average Closes Above 12,000 For First Time Since June 2008

February 1st, 2011 Comments off

U.S. stocks rose, pushing the Dow Jones Industrial Average to its first close above 12,000 since June 2008, after American and Chinese manufacturing expanded and United Parcel Service Inc. beat analysts’ earnings estimates.
BusinessWeek.com — Finance

Categories: Investing Tags: , , , , , , , ,

Madoff Firm Trustee Seeks $50 Billion as Clawback Window Closes

December 13th, 2010 Comments off

The trustee liquidating Bernard L. Madoff’s investment firm has filed more than $ 50 billion in so- called clawback suits to compensate victims of the con man’s fraud since his 2008 arrest for masterminding the biggest Ponzi scheme in U.S. history.
BusinessWeek.com — Finance