Word: stockings
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...late June 2007, on the day Gordon Brown took over as Britain's Prime Minister, Northern Rock was enjoying the summer. In a good first half of the year, it had lent a lucrative fifth of the U.K.'s new mortgages. Its stock traded around a healthy $17 mark. That glorious summer is over now. The harsh winter has put a very different shine on things...
...Northern Rock, after months of searching for a private sector buyer for the stricken lender. The move - the first nationalization of a British business since the 1970s - triggered the suspension of the bank's shares Monday. (Price? Less than $2.) And it's left the Brown government's own stock much more vulnerable...
...Markets $3 billion Amount raised by India's Reliance Power Ltd. prior to its Feb. 11 initial public offering, the Bombay Stock Exchange's largest ever listing 17% Percentage that Reliance Power shares dropped on the day of their trading debut...
...streets are stained crimson. Start with stocks. They have been pummeled this year. GDP braked sharply last quarter, and there has been plenty of panic about a recession. The Federal Reserve is slashing short-term interest rates at the fastest clip in decades. But if you stick to your steady, diversified plan while everyone else is retreating, you will be happy years from now. For one thing, Fed rate cuts always lift the economy eventually, and the stock market typically starts responding just as headlines get gloomiest. Sure, the market could fall again before recovering. But the recession...
...Decrease that day in extended-trading stock price for Research in Motion Inc., BlackBerry's maker...