Wall Street Journal:
The market for initial public offerings is thawing, but retail investors shouldn't expect to find access to this notoriously exclusive market any easier -- though a few back doors are open for those who know where to look.
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Commercial Real Estate Industry News Headlines | Bizjournals.com:
Crescent Real Estate Equities Limited Partnership, a real estate investment company that owns and manages office buildings, including The Crescent in Uptown Dallas, has been acquired by investment firm Barclays Capital.
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Wall Street Journal:
NEW YORK (MarketWatch) -- U.S. stocks pared losses late Friday, bringing the Dow Industrial Average into positive territory. "A characteristic of this rally for several months is we've had a hard time selling to the downside, as new money comes into the market," said Howard Ward, chief investment officer for GAMCO Growth fu (Read More)
Wall Street Journal:
SAN FRANCISCO (MarketWatch) -- EBay Inc. said Thursday afternoon that it has completed its planned sale of Skype, its Internet telephony unit. The sale valued Skype at $2.75 billion, though eBay received approximately $1.9 billion in cash and a note from the buyer in the principal amount of $125 million. The buyer is an in (Read More)
Wall Street Journal:
NEW YORK (MarketWatch) - U.S. stocks finished lower Thursday, continuing a global decline sparked by worries equities' rise had reached beyond likely economic growth. Bank of America's downgrade of chipmakers further dented investor sentiment. Well off its intraday lows, the Dow Jones Industrial Average lost 93.87 points, (Read More)
Wall Street Journal:
Sam ZellReal estate mogul Sam Zell had choice words Thursday for billionaire Wilbur Ross and all the other wannabe experts on the commercial real estate crisis.Apparently taking issue with recent comments Mr. Ross made to the press about a huge crash hitting commercial property markets, Zell said for “all the new savant (Read More)
Wall Street Journal:
NEW YORK (MarketWatch) -- Gold demand for the third quarter reached 800.3 metric tons, or $24.7 billion in dollar terms, up 15% from the second quarter, the World Gold Council reported Thursday. Comparing with a year ago, demand dropped 34% due to "an exceptionally strong" third quarter in 2008 in response to the financial (Read More)
Wall Street Journal:
LONDON (MarketWatch) -- British retail sales volumes posted a 0.4% monthly rise in October and were up 3.4% compared to the same month last year, the Office for National Statistics reported Thursday. Economists had forecast a 0.6% monthly rise and a 3% year-on-year change. The October rise marked the strongest year-on-year (Read More)
Wall Street Journal:
HONG KONG (MarketWatch) -- Hong Kong shares declined for a third straight session in early trading Thursday, tracking U.S. stocks lower although mainland Chinese stocks' advance for a fifth straight session limited losses. The Hang Seng Index fell 0.3% to 22,781.85, while the Hang Seng China Enterprises Index dropped 0.6% t (Read More)
Wall Street Journal:
If you thought investment scams ended with Bernie Madoff’s arrest, you’d be very wrong. Recent headlines point to a slew of frauds aimed at separating investors and retirement savers from their money, but there are ways to protect yourself.
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