October 29, 2008 |
For a brief and bizarre time yesterday, Volkswagen was the world's most valuable company. In normal times, energy titan Exxon Mobil is the world's most valuable company. But these are not normal times. Thanks to a complex series of events involving Volkswagen's stock -- during a time of unique global economic uncertainty -- the German automaker's value topped $370 billion yesterday, besting Exxon's value, or market capitalization, of $343 billion, based on its Monday stock close.
June 7, 2011 |
The August 2010 report on a Nevada company called Kore Nutrition Inc. resembled any of countless research reports issued by Wall Street analysts assessing the outlook for company stocks. Written by Cohen Independent Research Group Inc., it was filled with charts and tables of financial data supporting a conclusion that Kore Nutrition "offers an attractive investment for investors seeking growth from exposure to the fast-growing energy drink market. " The report said the stock was trading at 61 cents at the time, and it...
February 21, 2010
Many investors closely watch moves made by Warren E. Buffett's Berkshire Hathaway. Here are some of the significant changes in equity holdings the company made in the last three months of 2009. -- WELLS FARGO Shares held (end of 2009): 342.2 million Change, 2009: +9.5% Share price: $27.37 Change, year to date: +1.4% -- REPUBLIC SERVICES Shares held (end of 2009): 8.3 million Change, 4th quarter: +128.7% Share price: $28.08 Change, year to date: -0.8% -- IRON...
April 4, 2011 |
TOKYO — Tokyo Electric Power Co. began dumping water tainted with low levels of radioactivity into the Pacific Ocean on Monday night so that a central waste facility could be used to store more dangerously radioactive water, officials said. The company, which operates the Fukushima Daiichi nuclear plant that was crippled in the March 11 earthquake-tsunami disaster, said it could release up to 11,500 tons of radioactive water into the sea. The water had collected in the waste facility and a drainage...
September 23, 2008 |
With the financial markets swirling like Hurricane Ike, many investors in the Thrift Savings Plan for federal employees are acting as if they've just chilled in a yoga class and now are taking Rudyard Kipling's advice to "keep your head when all about you are losing theirs. " Although there is craziness on Wall Street, there is no mass panic among the 4 million federal employees and retirees who have TSP accounts, says Tom Trabucco, the TSP's director of external affairs. "They seem to be fairly...
November 19, 2008 |
How a giant has fallen. Fannie Mae, once the largest public company in the Washington area and a bedrock of the U.S. financial industry, disclosed yesterday it is at risk of being dropped from the New York Stock Exchange. The announcement came after the mortgage finance company's share price fell below $1, a violation of exchange rules. Battered by the decline in the mortgage market, District-based Fannie Mae's shares lost most of their value this year before the government seized them.