News for 6 August 2008
Source: http://www.agustingonzalez.com/my_weblog/2008/08/news-for-6-augu.htmlPosted on Wednesday, August 6th, 2008 | In Market Commentary, Stocks to Watch
Contributed by: Agustin Gonzalez (http://agcapitalmgt.com/) -
Morgan Stanley Freezes home equity credit withdrawals [Bloomberg]
Morgan Stanley told thousands of clients this week that they would not be allowed to withdraw money
UBS strategist Bianco cuts year-end S&P 500 forecast to 1,550 [Bloomberg]
UBS AG cut its year-end forecast by about 3.1% to 1,550 on concern of the slowing U.S. economy
Merrill should slash dividend 64%, Bernstein Says [Bloomberg]
Merrill Lynch whose capital-raising efforts have diluted shareholders by 87%
Carlyle Group agrees to buy 48% stake in clothes maker Moncler [Bloomberg]
Carlyle Group agreed to buy a 48 percent stake in sportswear
Citigroup may buy back auction rate securities, Journal says [Bloomberg]
Citigroup may buy back 5 billion of illiquid auction rate securities
Last 5 posts by Agustin Gonzalez
- Market Recap for 26 August 2008 - August 26th, 2008
- News for 26 August 2008 - August 26th, 2008
- Market Recap for 25 August 2008 - August 25th, 2008
- KKR LOOKING TO BUY NEUBERGER - August 25th, 2008
- News for 25 August 2008 - August 25th, 2008
 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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