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Content Tagged As investors

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  • Investors meet to discuss emergency room in North Baton Rouge Play Video

    April 28, 2016 11:09 PM

    BATON ROUGE - Investors met with the #NBRNOW Blue Ribbon Commission Thursday to discuss building an emergency room in North Baton Rouge. Leaders of the healthcare company Next Health said if the money is there, they will waste no time building the new emergency room, and it could be... more »
  • Stanford victims still waiting to be made whole 7 years later Play Video

    February 4, 2016 4:48 PM

    BATON ROUGE - Next week will mark a somber seventh anniversary when investors in the Baton Rouge area lost everything with the Stanford Financial Group. Allen Stanford is serving a life sentence for running a Ponzi scheme that bilked investors out of nearly a billion dollars in our area.... more »
  • Analysts expect short-term market drop from Paris terror

    November 15, 2015 2:19 PM

    NEW YORK - The value of stocks, crude oil and the European currency will likely fall this week as investors worry about what the Paris terror attacks will do to consumer confidence and key parts of the global economy. The public nature of the targets - cafes, a stadium and... more »
  • Fed looks at way to shift big-bank losses to investors

    October 30, 2015 3:50 PM

    WASHINGTON - In their latest bid to reduce the chances of future taxpayer bailouts, federal regulators are proposing that the eight biggest U.S. banks build new cushions against losses that would shift the burden to investors. The Federal Reserve's proposal put forward Friday means the mega-banks would have to bulk... more »
  • Appeals court upholds class action status in oil spill suit

    September 9, 2015 2:00 PM

    NEW ORLEANS - A federal appeals court says litigation alleging that BP misled investors about the rate of oil flowing after an offshore oil rig explosion in 2010 can proceed as a class action lawsuit. Tuesday's 5th U.S. Circuit Court of Appeals ruling means that the lawsuit, led by... more »
  • Apple plans to sell as much as $6.5 billion in bonds

    February 2, 2015 3:10 PM

    NEW YORK - Apple is planning another large bond sale at a time when investors are paying near record premiums for high-quality bonds. The technology giant will sell a combination of bonds with maturities ranging from five years to 30 years. The company was originally trying to sell $5 billion... more »
  • Investors buzz about reopening Oaks at Sherwood golf course Play Video

    January 19, 2015 10:01 PM

    BATON ROUGE - A group of investors hope to raise enough money to reopen the Oaks at Sherwood golf course. A father and two of his sons, the Dorniers, purchased the 127 acres of land in 2013. They opened a tennis center and planned to reevaluate the golf course... more »
  • Vitter wants clean slate of overseers after Ponzi victims get no help

    July 18, 2014 2:55 PM

    BATON ROUGE- In another blow to people who lost around $1 billion in a Ponzi scheme, the SEC lost its appeal to recoup money for victims of R. Allen Stanford. Stanford was convicted and sentenced in 2012 of using investors money to fund companies that went out of business.... more »
  • Federal Reserve to reduce stimulus

    January 29, 2014 7:35 PM

    WASHINGTON- The Federal Reserve will cut monthly bond buying by another $10 to $65 billion because the U.S. economy is getting stronger. The Fed is proceeding despite the prospect of higher interest rates in the U.S. and rattling overseas markets. The Fed contends it will try to keep... more »
  • Stocks edge higher as investors watch the Fed

    May 22, 2013 9:04 AM

    NEW YORK- Stocks are opening slightly higher as investors watch for the latest moves from the Federal Reserve. The Dow Jones industrial average was up 39 points at 15,424 shortly after the opening bell Wednesday, a gain of 0.2 percent. The Standard & Poor's 500 index was up four points... more »
  • Stocks open higher as consumer spending rises

    April 29, 2013 9:02 AM

    NEW YORK- Stocks are edging higher in early trading on Wall Street as investors were encouraged by an increase in consumer spending last month. The Dow Jones industrial average was up 17 points at 14,730 shortly after the opening bell Monday, a gain of 0.1 percent. The Standard & Poor's... more »
  • Dow trading at new record high

    March 5, 2013 10:34 AM

    NEW YORK- With a jump of more than 100 points in early trading, the Dow Jones Industrial Average has moved into territory it's never seen before. The jump to an all-time high for the blue-chip average was powered in part by China's strong economic growth targets, and by a jump... more »
  • Paying the Piper

    January 31, 2013 7:21 PM

    The founder of a brokerage house in Iowa got 50-years in federal prison for a scam that bilked 13,000 investors out of $215 million dollars over 20 years. Russ Wasendorf Sr. headed Peregrine Financial Group and caused what a judge called "staggering losses" to investors, employees and creditors. Judge Linda... more »
  • Downtown grocery to open in May Play Video

    January 3, 2013 5:45 PM

    BATON ROUGE- Investors plan to open a grocery store in downtown Baton Rouge, at the corner of Third Street and Florida Blvd., later this spring. A grocery store is one of the key retail needs identified in a recent Downtown Development District report. The group of investors say the... more »
  • Moody's pressures Congress to deal with deficit

    January 2, 2013 3:42 PM

    WASHINGTON- Moody's Investors Service says Congress must go beyond its deal this week and come up with a plan to shrink the budget deficit if it wants to keep the U.S. government's top credit rating. The credit rating agency says in a statement that it expects lawmakers in the coming... more »

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