The New York-based firm, run by former Apollo Management LP partner Michael
Gross , declined 4.9 percent to $17.59 as of 12:02 p.m. in New York trading.
The company sold 5 million shares for $18.50 apiece after asking investors to
pay as much as $21 each, a Jan. 27 filing with the Securities
• Euro Finds Little Consolation from EU Finance Ministers’ Greek Guarantees at
G7 • Japanese Yen: Lending Troubles another Road Sign to the Next ‘Lost Decade’
• Commodity Currency Policymakers Start Rolling Back Emergency Aid Dollar
Advances for a Fourth Consecutive Session
Feb. 8 (Bloomberg) -- Electronic Arts Inc. , the world’s second-largest
video-game publisher, tumbled in extended trading after its full-year forecast
trailed some analysts’ estimates. The maker of “Madden NFL,” which has cut more
than 2,500 jobs since 2008, missed its last two annual
Former Federal Reserve Chairman Alan Greenspan said it is "very difficult" to
see US unemployment falling soon and that an economic recovery is "going to be
a slow, trudging thing." He also expressed concern about falling stock prices.
While the recession is "essentially over,"
While the recession is "essentially over," Greenspan said "it's very difficult
to make the case that unemployment is coming down any time soon." The former
Fed chief spoke on NBC's "Meet the Press" program. The US has lost 8.4 million
jobs since the recession, the deepest since the Great
While the recession is “essentially over,” Greenspan said “it’s very difficult
to make the case that unemployment is coming down any time soon.” The former
Fed chief spoke on NBC’s “Meet the Press” program. The U.S. has lost 8.4
million jobs since the recession, the deepest
While the recession is “essentially over,” Greenspan said “it’s very difficult
to make the case that unemployment is coming down any time soon.” The former
Fed chief spoke on NBC’s “Meet the Press” program. The U.S. has lost 8.4
million jobs since the recession, the deepest
Feb. 6 (Bloomberg) -- Amazon.com Inc ., the largest Internet retailer, resumed
selling Macmillan books on its Web site, ending a week-long fight with the
publisher over the price of electronic books. The return of Macmillan books,
which had only been available on the site though third-party
AAP Energy prices dropped as dismal job news, a sinking stock market and a
lower-than-expected draw on natural gas supplies dimmed hopes for stronger
energy demand. Benchmark oil for March delivery fell $US3.84 to settle at
$US73.14 a barrel on the New York Mercantile
Imperial Capital, the Los Angeles-based firm that specializes in high-yield and
distressed debt, yesterday shelved a $113 million IPO that would have been the
first by a U.S. investment bank in two years. Patriot Risk , which underwrites
workers’ compensation insurance, pushed back a
• Euro Finds Little Consolation from EU Finance Ministers’ Greek Guarantees at
G7 • Japanese Yen: Lending Troubles another Road Sign to the Next ‘Lost Decade’
• Commodity Currency Policymakers Start Rolling Back Emergency Aid Dollar
Advances for a Fourth Consecutive Session
