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- the spending of money on stocks and other securities, or on assets such as plant and machinery
- Investment definition on BNET »
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- Loan firms lay off 24,000 since Aug. 1
- At the North Carolina offices of mortgage lender HomeBanc Corp., Archie Clark is the only employee left. But in a few days, he'll be gone, too. "It's pretty much a ghost town over there," Clark said. "Somebody went in and took the furniture from the lobby. I don't...
- Research articles 2007-08-23
- Canadian Forex/Bond Comment: C$ strengthens.
- WINNIPEG, MB, Jul 06, 2005 Resource News International via COMTEX The Canadian dollar was trading at a stronger level late Wednesday in activity described as thin. Some of the strength in the Canadian dollar reflected the advances posted by crude oil values on the global...
- Research articles 2005-07-06
- Putnam Investments cuts 100 more staffers.
- By Andrew Caffrey, The Boston Globe Knight Ridder/Tribune Business News Nov. 16--Putnam Investments yesterday said it will dismiss another 100 employees in a cost-cutting move to reflect its smaller size after an employee-trading scandal cost it tens of billions in investors' ...
- Research articles 2004-11-16
- Schwab will be closingbranches, more layoffs
- SAN FRANCISCO -- Charles Schwab Corp. plans to close 53 more branches and has laid off 245 more workers, beginning an upheaval that the brokerage telegraphed last week when it abruptly changed CEOs. The office closures, disclosed Wednesday, represent 16 percent of Schwab's 339 branches scattered across...
- Research articles 2004-07-29
- New York Community Bank Lays Off 60 after Acquisition.
- By Tania Padgett, Newsday, Melville, N.Y. Knight Ridder/Tribune Business News Nov. 20--New York Community Bancorp has laid off 60 people as it begins integrating its new acquisition, Roslyn Bancorp, the bank confirmed yesterday. And at least 40 more people could be laid...
- Research articles 2003-11-20
- Travelers, St. Paul Deal 'A Merger of Equals'.
- By Diane Levick, The Hartford Courant, Conn. Knight Ridder/Tribune Business News Nov. 18--Two new deals rocked Hartford's ever-changing insurance industry Monday, one promising some new jobs but the loss of a corporate flag. Hartford-based Travelers Property Casualty Corp., which gained...
- Research articles 2003-11-18
- Sale Brings Layoffs, Early Retirement for 115 Holmdel, N.J., Insurance Workers.
- By Michael L. Diamond, Asbury Park Press, N.J. Knight Ridder/Tribune Business News Nov. 4--HOLMDEL, N.J.--About 115 employees of Prudential Property & Casualty Insurance Co. have lost their jobs, either through layoffs or early retirement, as the result of the company's acquisition...
- Research articles 2003-11-04
- Shares of Biotech Company Biopure Skid on Layoff News.
- By Ross Kerber, The Boston Globe Knight Ridder/Tribune Business News Oct. 31--Stock in Biopure Corp., a Cambridge maker of artificial blood products, lost 39 percent of its value yesterday after company officials said they would lay off 72 people, about one-third of...
- Research articles 2003-10-31
- Trouble looming over Baxter SEC investigation under way as profits dip, layoffs increase.(Business)
- Byline: Mike Comerford Daily Herald Business Writer Baxter International was raising all kinds of red flags on Thursday as it reported profits are down, layoffs are up and the government is investigating. Ongoing troubles at the Deerfield-based maker of medical products, ...
- Research articles 2003-07-18
- Congressional Hearing Focuses on Layoffs of Former TWA Employees by American.
- By Robert Dodge, The Dallas Morning News Knight Ridder/Tribune Business News Jun. 13--WASHINGTON--Two senators came up empty-handed Thursday as they searched for ways to help Trans World Airlines Inc. employees who were furloughed after the St. Louis-based carrier was swallowed up by...
- Research articles 2003-06-13
- Former TWA Workers Decry Layoffs at American.
- By Maria Recio, Fort Worth Star-Telegram, Texas Knight Ridder/Tribune Business News Jun. 13--WASHINGTON--In often-emotional testimony, former TWA workers facing massive layoffs accused American Airlines of lying in its promises of treating them fairly -- an accusation that found a receptive audience...
- Research articles 2003-06-13
- Cambridge, Mass., Drug Maker's Stock Price Jumps on News of Layoffs.
- By Jeffrey Krasner, The Boston Globe Knight Ridder/Tribune Business News Mar. 20--Shares of Transkaryotic Therapies Inc. of Cambridge gained 3.3 percent yesterday after the company announced it was laying off 80 employees to cut costs. The move is part...
- Research articles 2003-03-20
- Layoff Disrupts Secure Financial Future, Forces Woman to Rethink Retirement.
- By Don Spatz, Reading Eagle, Pa. Knight Ridder/Tribune Business News Dec. 9--Sandra H. Silvers was at the top of her profession in February 1999 when she left the U.S. Department of Agriculture laboratory in Athens, Ga., to work for Agere Systems Inc....
- Research articles 2002-12-09
- San Jose, Calif.-Area Investment Bankers Hit by Downturn.
- By Deborah Lohse, San Jose Mercury News, Calif. Knight Ridder/Tribune Business News Oct. 27--Never mind the scandals plaguing Wall Street. The Street's bankers are in the midst of the worst business drought in decades, and experts say the pain isn't over. ...
- Research articles 2002-10-27
- Pittsburgh Biotechnology Firm Gets Infusion, Cuts Quarter of Its Staff.
- By Pamela Gaynor, Pittsburgh Post-Gazette Knight Ridder/Tribune Business News Oct. 17--Cellomics Inc., seen widely as one of the region's most promising biotechnology companies, yesterday let go more than a quarter of its remaining staff, reducing its payroll to 85 employees. ...
- Research articles 2002-10-17
- Your investments and the economy.(Business)
- Byline: Mike Comerford Daily Herald Business Writer What do you think of the markets hitting benchmark lows last week? "They all broke their July lows before the rally later in the week. They've completely wiped out the gains of the dot-com craze. ...
- Research articles 2002-10-13
- Boston-Based MFS Investments to Cut 110 Jobs.
- By Beth Healy, The Boston Globe Knight Ridder/Tribune Business News Oct. 10--MFS Investments, Boston's oldest mutual fund firm, yesterday said it was eliminating 110 jobs, or 4.1 percent of its work force, citing the long stock market decline. The layoff...
- Research articles 2002-10-10
- Wall St. warns of bare-bones bonuses in '02; Bad business climate drives firms to break the news early; may make 50% cuts.(Brief Article)(Statistical Data Included)
- It's not just the heat and humidity making Wall Streeters sweat this summer. It's the fact that their bosses are calling them in-months earlier than normal-to talk about their year-end bonuses, which some experts say could be halved this year. Goldman Sachs & Co....
- Research articles 2002-08-19
- Premier Law Firm in California's Silicon Valley Plans Layoffs.
- By Deborah Lohse, San Jose Mercury News, Calif. Knight Ridder/Tribune Business News Aug. 15--Wilson Sonsini Goodrich & Rosati, one of Silicon Valley's premier law firms for tech companies, plans to lay off 100 administrative and support workers and an undetermined number of...
- Research articles 2002-08-15
- Sacramento, Calif., Bank Announces Layoffs.
- By Andrew LePage, The Sacramento Bee, Calif. Knight Ridder/Tribune Business News Aug. 9--In yet another blow to the local job market, Cal Fed officials said Thursday that about 700 of their 1,300 local employees will be laid off within a year because...
- Research articles 2002-08-09
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