Word: nuveen
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...grown from 35 tournaments with a total purse of $8.7 million a decade ago to 43 events with $41.65 million in prize money today. The future of senior tennis looks just as bright, with crowd pleasers such as Jimmy Connors, 45, and Bjorn Borg, 41, attracting fans to the Nuveen Tour for players 35 or over, and globe-trotting grand masters like Rod Laver, 59, and Ken Rosewall, 62, continuing to dazzle with their skills...
...Sure, we pick them up for our AAA funds. They're as secure as you can get," says John Erickson of Nuveen, an investment company which buys bonds to resell through investment funds...
...York City officials, citing "chaotic market conditions," postponed a $450 million bond sale. Chicago's finance officers put a hold on a $50 million offering, fearing they would have to pay an extra 1.5% to 2% interest to woo jittery investors. Said John Noonan, a manager at John Nuveen & Co., the Chicago municipal-bond firm: "Packwood didn't know what the proposal would do to the markets. Now he knows...
...major firms have run into severe difficulties. Heavy losses in both stocks and bonds last month forced Nuveen Corp. to arrange a major infusion of capital from Paul Revere Life Insurance Co. Nuveen had to resign its memberships in both the New York and American Stock Exchanges, which prohibit member firms from borrowing more than 25% of their capital from the outside. Though Nuveen plans to continue its brokerage activity through the Midwest Exchange, which has more lenient rules, the firm has laid off some 10% of its 450 employees. Meanwhile, McDonnell & Co., beset by financial and operating problems, recently...
...York Stock Exchange capital requirements, McDonnell & Co. went so far as to sell one of its three seats on the Big Board. The sale brought only $375,000, which represented a $140,000 drop in seat prices since April. Other Wall Street firms that have had capital difficulties include Nuveen and First Hanover Corp...