UPDATE 2-Legg Mason reduces ABCP investments in two funds
Story date: 2007-12-28 03:47:00
Added on: 2007-12-28 22:48:02
Reuters - The firm, the second-largest publicly traded U.S. money manager, said that neither the fund, nor their shareholders ... Asset-backed commercial paper (ABCP) is short-term debt tied to mortgages, credit-card payments or other kinds of receivables. ...
Read more...
Related Stories:
-
IAC completing split into 5 publicly traded parts (INO News)
(AP:NEW YORK) Barry Diller's IAC/InterActiveCorp completed its split into five publicly traded companies Thursday _ a move intended to give each business...
2008-08-21 07:03:21 -
Dollar Declines as Credit Market Losses May Spur Fed Rate Cuts
Bloomberg - The currency traded near a record low versus the euro as Fed Governor Randall Kroszner said conditions for subprime-mortgage ......
2007-11-04 03:54:00 -
Market downturn doesn't spare Tennessee's publicly traded stocks (The Tennessean)
Investors in Tennessee-based publicly traded companies have had few reasons to smile during the past month's volatile stock market ride — a...
2007-08-19 07:03:08 -
Legg Mason Gives $100 Million, Credit to Money Funds (Update1) (Bloomberg.com)
Nov. 12 (Bloomberg) -- Legg Mason Inc., the second-largest publicly traded U.S. mutual-fund company, propped up three money- market funds as a...
2007-11-12 02:25:18 -
Legg Mason Gives $100 Million, Credit to Money Funds (Update2)
Bloomberg - Nov. 12 (Bloomberg) -- Legg Mason Inc., the second-largest publicly traded U.S. mutual-fund company, propped up three money-market funds as...
2007-11-12 03:16:00 -
BlackRock sees value in commercial, home mortgages - Reuters
NEW YORK (Reuters) - Declines in residential and commercial mortgage-backed securities since last year have created some of the best buying opportunities...
2008-06-24 11:27:00 -
Quebecor World Seeks Protection After Rescue Fails (Update3)
Bloomberg - Jan. 21 (Bloomberg) -- Quebecor World Inc., North America's second-largest publicly traded printer, is filing for ... Quebecor World, based...
2008-01-21 01:24:00 -
Asia Stocks Rise; Banks Gain on China Morgan Stanley Investment
Bloomberg - Morgan Stanley, the second-largest U.S. securities firm, wrote down its subprime-infected mortgage holdings by a greater- than ... Mitsubishi UFJ,...
2007-12-18 03:59:00