Bear Stearns will be taking charge of the New York Stock Exchange floor-trading firm in the second quarter of 2007. According to Bear Stearns chief executive James Cayne, full ownership will give them flexibility in managing the business.Wall Street Journal - Eastern Edition...
Poised for a starting rise in the wake of tame inflation data, the major stock indexes quickly shed opening gains after Bear Stearns BSC said its liquidity had "significantly deteriorated" during the past 24 hours. The news sent the Dow Jones Industrial Average $INDU plummeting over 300 points...
On March 16, 2008, Bear Stearns, the 85-year-old investment bank, narrowly avoids bankruptcy by its sale to J.P. Morgan Chase and Co. at the shockingly low price of $2 per share. Bear Stearns seemed to be riding high with a stock market capitalization of
'They sold Bear Stearns for $2 a share, so you have to wonder how many of the other firms might be getting close to liquidation.’ — Ken Tower, Covered Bridge "They sold Bear Stearns for $2 a share, so you have to wonder how many of the other firms might be getting close to li...
Bear Stearns Bear Stearns & Co. Inc. Bear Stearns Bankruptcy Bear Steepener bear trap Bearer Bearer bond bearer bonds Bearer form bearer instrument Bearer share bearer stock bearing wall Bearish Bearish Belt Hold Bearish Divergence Bearish Engulfing Pattern Bearish Harami BEARS beat the averages Beat...
Bear Stearns Stock Fades as Takeover Fizz Goes FlatBear Stearns Cos., a hold-out on Wall Street amid last summer's frenzy of consolidation, could find its solo act hurting its stock price.Rieker, Matthias
Bear Stearns stock traded above the revised offer price Monday and drove the broader stock market higher. JPMorgan shares also made a sharp move to the upside. JPMorgan is buying the shares at the same price as its takeover offer and expects to complete the deal by April 8. ...
Over the course of one month, the stock value of Bear Stearns fell from almost $100 dollars to $2 dollars. While Bear Stearns...
The chief executive of Bear Stearns told CNBC that despite recent market volatility, he is not aware of any imminent threat to the Wall Street investment bank's liquidity. Market rumors about a cash crunch at Bear Stearns have driven the bank's stock down sharply in the last week, but Alan...
The Bear Stearns company was founded in 1923 and survived theStock Market Crash of 1929, becoming a global investment bank with branches around the world. Competent management and risk-taking saw Bear Stearns continue to grow with the global economy. It was one of the many firms to embraceLewi...