Anthony Hicks thought he was getting a bargain when he saw Northwest Airlines stock trading for $1.70 per share. Now, after watching those shares become worthless, a lesson sinks in for Hicks and others who bought Northwest at rock-bottom prices: “Don’t mess with any stocks when a company is going through bankruptcy,” Hicks said.
Bureaucrat embezzlement nets a slap
Economy, Trade and Industry Minister Shoichi Nakagawa said Wednesday he will voluntarily give up one-month's salary in the wake of the alleged misappropriation of 24 million yen in public funds by a senior ministry official for personal stock trading.
BOCA RATON, Fla., (PRWEB) February 8, 2006 -- Equity investors and options traders looking for an edge on how stock prices might react to anticipated events now have access to a new online stock trading calculator that draws on the predictive power of options trading to gauge the probability of future share price movements. Read more hereAnalysts: Hanesbrands worth $2-$3.50 per share
Shares of the new Hanesbrands Inc. likely will start trading between $2 and $3.50, lower than at least one analyst had originally thought, in part because of the debt the company will likely take on as it spins off from Sara Lee Corp.
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