News for 12 August 2008
Source: http://www.agustingonzalez.com/my_weblog/2008/08/news-for-12-aug.htmlPosted on Tuesday, August 12th, 2008 | In Market Commentary, Stocks to Watch
UBS posts Q2 losses, writedowns of 5.1 billion [Yahoo Finance]
UBS one of the hardest hit banks in the subprime mortgage crisis, said Tuesday that it had further losses
UBS to split investment bank from wealth management [Bloomberg]
UBS AG plans to separate its investment banking and wealth management units, after a fourth quarterly loss
JPMorgan sees $1.5 billion in writedowns [The Street]
JPMorgan on late Monday said in a regulatory filling that it expects to write off $1.5 billion
Morgan bows to Cuomo in auction-rate fight [The Street]
Morgan Stanley said it would begin to buy back some 4.5 billion in auction-rate securities beginning at the end of September
JPMorgan slumps most in six years after $1.5 billion of securities losses [Bloomberg]
JPMorgan had its biggest slump in six years after reporting a $1.5 billion loss on
Last 5 posts by Agustin Gonzalez
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 About Agustin Gonzalez (http://agcapitalmgt.com/)
Agustin Gonzalez is Founder/Portfolio Manager of AG Capital Management in Dallas, Texas. He trades primarily domestic equities and options for his clients. Prior to starting his own firm, he advised high-net-worth clients in investment strategy and portfolio management at Merrill Lynch Global Private Client Group. Mr. Gonzalez attended the United States Air Force Academy between 1994 and 1997 before receiving an Honorable Discharge. He then graduated with a Bachelor of Science (BS) in Management Science in 2000 from the Southern Methodist University's School of Engineering and Applied Sciences in Dallas, Texas. He is also near completion of his Masters in Business Administration (MBA) from the Southern Methodist University's Cox School of Business with a dual concentration in Financial Consulting and Corporate Finance. |
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