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A government order expired Tuesday that temporarily banned a certain kind of short-selling of the stocks of mortgage finance companies Fannie Mae and Freddie Mac and 17 large investment banks. ...more
August 13, 2008
What was expected to be a firestorm of shareholder fury fizzled into a mundane annual meeting for Yahoo on Friday, despite lingering disappointment among some shareholders about a failed merger with Microsoft that could have been worth $47.5 billion. ...more
August 2, 2008
Guess who holds your mortgage now? It's your friendly neighborhood hedge fund. Dozens of hedge funds, private equity groups and other investors have plunged into the beaten-down mortgage market in recent months, buying tens of thousands of distressed loans and foreclosed properties around the country. ...more
July 31, 2008
Real estate investment firm sales manager Janice Powell was taken aback in October when someone suggested the best place to sell condominiums in Brandon might be at a trade show in Puerto Rico. ...more
July 9, 2008
. Shares of Circuit City Stores plummeted to historic lows in trading Wednesday after Blockbuster withdrew its takeover bid, causing investors to question the consumer electronics retailer's future. ...more
July 3, 2008
Pasco County commissioners will turn to residents to suggest ways to tighten the belt more on the county budget during lean times. ...more
January 8, 2008
TAMPA - The fast-growing Clearwater storage company PODS Inc. is being sold in a transaction that's being signed today, founder Pete Warhurst said. ...more
December 19, 2007
SEBRING –– David Leidel takes his responsibility as a citizen seriously by getting involved and working within a group with similar goals to better Highlands County. Leidel received his bachelor's in business administration from Stetson University in 1998. Afterward, he moved to Sebring to open the Lake Placid office of the investment firm Edward Jones. In 2004, Leidel was hired by Highlands Independent Bank to open its trust and brokerage department. Each morning he can be heard on 105.7 FM doing a live market commentary. "Most people overreact to the bad economic news they hear, but if you step back and look at the big picture, there's lots of good news," he said. Leidel remains positive no matter what business cycle we're in. He believes there will always be issues, but right now is the best time to buy a home. Currently, Leidel is president of the Sebring Noon Rotary. When he sees bright students through their Interact Club at Sebring High School and Heartland Christian, he is rejuvenated because of their leadership potential. Although he knows some will graduate, go to college and find jobs elsewhere, some will stay here. Leidel believes in cultivating their leadership to benefit the community. ...more
December 10, 2007
Shorthanded companies are hiring programmers and database and networking pros as fast as they can find them. But we don't hear much about the dearth of Internet or digital marketing people. ...more
December 2, 2007
In the eyes of many New Jersey state workers, the governor is the Grinch who stole the day after Thanksgiving. ...more
November 18, 2007
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