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Investors, Buckle Your Seatbelts
Companies trying to sell their shares in initial public offerings had a hard time finding willing buyers in January _ a trend that will likely continue until the stock market stabilizes. Of the 10 IPOs scheduled for January, only seven made it to market as…
Initial public offering – Stock market – Stock – Business – Investing
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Volatile stock market weighing on IPOs
House Democrats outlined a plan Friday to steer private money toward growing small businesses, historic renovations and hotel construction at the Mall of America with tax credits and other tax measures. They aim to revive tax incentives that passed the…
Tax credit – Mall of America – Small business – Democratic Party – Business
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Dems try for Mall of America, investor tax credits
Electric car manufacturer Tesla Motors Inc. said Friday it plans to sell stock to the public. The company, based in Palo Alto, Calif., did not disclose in a filing with the Securities and Exchange Commission specifically how much it plans to raise though it…
Tesla Motor – Electric car – Initial public offering – Business – Electronics and Electrical
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Electric car maker Tesla Motors plans IPO
Regulators have shut down banks in Florida and Georgia, boosting to 11 the number of bank failures so far in 2010, following 140 closures last year in the punishing economic climate. The Federal Deposit Insurance Corp. on Friday took over First National Bank…
Florida – Federal Deposit Insurance Corporation – Bank failure – Georgia – Business
Tesla Motors CEO Elon Musk is finally preparing to take his car company public. On Jan. 29, Musk’s company filed for an initial public stock offering, which he has talked about as a possibility for a couple of years. He wants to sell $100 million worth of stock, which could help fund a new factory …
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Tesla’s IPO: Investors, Buckle Your Seatbelts
Tesla Motors CEO Elon Musk is finally preparing to take his car company public. On Jan. 29, Musk’s company filed for an initial public stock offering, which he has talked about as a possibility for a couple of years. He wants to sell $100 million worth of stock, which could help fund a new factory …
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Tesla goes public. Mind the risk.
The Colts are trying to keep their mouths shut. On Friday, Indianapolis players and coaches downplayed the significance of comments made earlier this week by Saints defensive coordinator Gregg Williams. Williams, familiar with the Colts from his days in…
Indianapolis Colts – Gregg Williams – NFL – Sports – New Orleans Saints
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Comments from Saints aren’t riling up Colts
Senate Majority Leader Harry Reid’s campaign ended 2009 with less money in the bank than it had in September after financing an advertising blitz intended to buff his bruised image in his home state of Nevada, records released Friday showed. After spending an…
Harry Reid – Nevada – Party leaders of the United States Senate – United States Senate – United States
Toyota is sending new gas pedal systems to its factories rather than its dealership service departments, The Associated Press learned Friday. The move angered some dealers who say they should get the parts to take care of the millions of car owners whose…
Toyota – United States – Automotive industry – Shopping – Automobile
Squaw Valley USA has completed the aquisition of a resort village at the base of the Sierra ski resort. Squaw Valley USA Chairman and CEO Nancy Cushing today said her resort has acquired The Village at Squaw Valley from Intrawest. The European-style village…
Intrawest – United States – Ski resort – Sport – Skiing
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Squaw Valley USA acquires property
HOUSTON (Reuters) – NRG Energy Inc CEO David Crane said Friday the company would not pursue the construction of two nuclear reactors in Texas, if an ongoing dispute with project partner CPS Energy causes NRG to miss out on federal loan guarantees needed to finance the project.
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Texas judge warns CPS in Texas nuclear suit
Stocks ended a disappointing January with a loss as investors questioned whether the economy will be able to sustain its big fourth-quarter growth rate. Downbeat earnings at technology companies also pulled stocks down. The Dow Jones industrials fell 53…
Business – United States Department of Commerce – Investing – Stocks and Bonds – Equities
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Stocks fall on doubts about recovery’s strength
The cost to protect against a default on high-yield, high-risk bonds rose relative to investment-grade debt this month for the first time since August, signaling investors are having second thoughts after a record rally.
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High-Yield Debt Swaps Jump in January as Investors Seek Caution
American International Group Inc. on Friday disclosed details of the toxic securities that helped trigger a massive taxpayer rescue of the giant insurer. In a public filing, AIG listed the securities held in its Maiden Lane III business, which the company and…
American International Group – Business – Maiden Lane II LLC – AIG – Maiden Lane III
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AIG discloses details on toxic securities