Please ensure Javascript is enabled for purposes of website accessibility

Tag Archives: New York Stock Exchange

Stocks slide after unemployment claims jump

Stocks slid Thursday after claims for unemployment benefits rose unexpectedly for the first time in three weeks. The Labor Department said Thursday that 412,000 people applied for unemployment benefits last week. Economists expected claims to fall. Applications for benefits peaked ...

Read More »

Marriott to spin off timeshare business

Marriott International Inc. is splitting into two publicly traded companies. The Bethesda-based company said as it reported on its earnings Monday that it will spin off its timeshare development and management company later this year. The remaining business will concentrate ...

Read More »

Goldman Sachs limits Facebook private offering

NEW YORK — Goldman Sachs Group Inc. has prohibited U.S. investors from participating in a private offering expected to raise up to $1.5 billion for social networking site Facebook, citing widespread media coverage that could run afoul of securities guidelines. ...

Read More »

Bethesda based American Capital prices share offer at $28 each

BETHESDA — American Capital Agency Corp. said it had priced its public offering of 23.4 million shares at $28 per share, and expects it to generate net proceeds of approximately $625 million after expenses. The offered price announced late Thursday ...

Read More »

Report says Facebook nets $500 million investment

NEW YORK — A reported investment by Goldman Sachs and a Russian investor of $500 million in Facebook is a further sign that the social networking behemoth is becoming a powerful force even outside of tech circles, even as the ...

Read More »