Word: research
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...Christopher Whalen, managing director of research firm Institutional Risk Analytics, thinks the problem with Citi's repayment has less to do with capital ratios and more to do with waning confidence in the bank around the world. In early December, the investment arm of the government of Kuwait sold its entire investment stake in Citigroup. "Foreign investors like to see the government's stake in Citi," says Whalen. "If the government gets out, investors around the world will flee...
...controlled by the ruling family of the gulf state, indicated that it may have to default on a portion of its $60 billion in loans. The rush to Dubai has left Citi on the hook for billions of dollars of losses in the financially troubled gulf state. According to research firm Creditsights, Citi has made an estimated $5.9 billion in loans in the U.A.E., which includes Dubai as well as its oil-rich neighbor Abu Dhabi. Of that, $1.9 billion was made to Dubai World. In the end, it might not lose that much. On Monday, Abu Dhabi said...
...invested in Dubai. In late 2008, just weeks after Citi had received its initial TARP funding from the government, Citi helped arrange an $8 billion loan for Dubai's state-linked companies. It's unclear how much of the loan Citi held onto. By that time, Citi's own research staff had begun to issue warnings that Dubai was the most vulnerable economy in the oil-rich gulf because of its exposure to real estate and debt. Nonetheless, Win Bischoff, who was Citi's chairman, said at the time of the financing, "This is in line with our commitment...
...raised her price target for Best Buy, the country's dominant electronics retailer, from $40 to $45 per share. "We are seeing stronger traffic at [Best Buy] in its laptop, Geek Squad and video-game sections, while traffic remains healthy in TVs and digital cameras," she wrote in a research note. (See the best netbooks...
According to retail expert Brit Beemer, electronics are virtually tied with toys as the top Christmas-gift item for the first time in more than 25 years. In a survey conducted last weekend by Beemer's firm, America's Research Group, and UBS Global Equity Research, 30% of consumers cited electronics when asked what gift they were buying most often (30.8% said toys). Last year, only 23.7% of respondents said they'd purchase an electronics item. The sector's strength has compelled Beemer, for the first time in his 19 years of conducting Christmas consumer surveys, to revise his holiday...