Word: cashes
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...McMillan Doolittle, a Chicago-based retail-consulting firm. That half-billion-dollar acquisition is currently up for sale, but no one is biting. Meanwhile, outdoor-apparel shop Eddie Bauer emerged from bankruptcy in June 2005 with a $450 million bank loan, which left it highly leveraged and low on cash. "While their same-store sales are down only 1.1% and they're performing pretty well compared to the rest of apparel retailers, it's difficult to do a turnaround in a bad market," says Stern...
...number of policy changes at both state and federal levels have left basic cash-assistance programs scarce, the center's study argues. State general-assistance programs were largely eliminated across the country in the late 1980s and early '90s, except for programs benefiting the disabled. On the federal level, only about 40% of families eligible for cash assistance under the Temporary Assistance for Needy Families program actually receive it. That is about half the percentage of families eligible for the program's predecessor (the Aid to Families with Dependent Children program) that received benefits during the recessions of earlier decades...
That sort of analysis, however, hardly accounts for all the factors that move the markets. One of the main forces behind the mass sell-offs in October, for instance, was hedge funds being forced to sell their holdings as they deleveraged, scrambling to raise cash to pay investors who wanted their money back. Those sorts of mechanical forces will surely play a role in the market going forward...
...good news about hedge-fund selling is that many funds raised substantial cash in the past month and should be able to meet redemptions with money they have on hand - at least in the short term. But the mutual-fund industry - for which fleeing investors don't have to give a 45-day notice, as they do for most hedge funds - may be a different story. According to an analysis by TrimTabs Investment Research, in the last bear market, at the time of the bursting tech bubble, 4.3% of dollars in U.S. stock funds were withdrawn. So far in this...
...week later, MIT president Susan Hockfield released a formal letter outlining the university’s future financial plans. The letter stated that although MIT must make changes, the impact would be softened by three buffers—a balanced budget, the relate stability of endowment payments, and cash reserves...