Bear Fell As CEO Foresees 1Q Profit Shares of Bear Stearns Cos. fell Wednesday after spiking on the investment bank's chief executive comments that he is "comfortable" the company's profit will fall within the range of analysts' estimates for the first quarter. 12 Mar 2008
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Movers Roundup: Bear Stearns, Immucor Among the stock activity stories for Wednesday, March 12, from AP Financial News: NEW YORK (AP) _ Shares of Bear Stearns Cos. leaped Wednesday after the investment bank's chief executive said he is "comfortable" the company's profit will fall within the range of analysts' estimates for the first quarter. 12 Mar 2008
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Bear Spikes As CEO Foresees 1Q Profit Shares of Bear Stearns Cos. leaped Wednesday after the investment bank's chief executive said he is "comfortable" the company's profit will fall within the range of analysts' estimates for the first quarter. 12 Mar 2008
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Bear Stearns Hits Lowest Point in Years Shares in Bear Stearns Cos. plunged to its lowest level in more than 5 years Tuesday after an analyst said the fifth-largest U.S. investment bank might be forced to cut more staff or take other measures to sustain its business. 11 Mar 2008
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David Brown, chief european economist at Bear Stearns Dow Jones - "We see this as a very short lived bounce in a very volatile series, the strong euro, extremely high oil prices and the spreading contagion effects from the credit crunch should all come home to roost on economic confidence." 11 Mar 2008
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Build-A-Bear Increases Share Buyback Stuffed animal retailer Build-A-Bear Workshop Inc. said Monday its board of directors authorized an increase in the company's share repurchase program to up to $50 million. 10 Mar 2008
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Bear Stearns Denies Liquidity Rumors Financial services firm Bear Stearns Cos. said late Monday in a brief statement "there is absolutely no truth to the rumors of liquidity problems that circulated today in the market." 10 Mar 2008
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Conservation Groups Sue Over Polar Bears Three conservation groups are suing the Department of the Interior for failing to meet a deadline on a decision to list polar bears as threatened because of the loss of Arctic sea ice. 10 Mar 2008
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Steve Barrow, currency strategist at Bear Stearns Reuters - "It (payrolls) was unambiguously weak data...Two consecutive payroll falls and other bits of data last week are all pretty consistent with a recession, which we think started late last year. The general drift will continue to be weakness in the dollar. There are some tough levels for the markets to get through... but not barriers that I think the market will fall over at." 10 Mar 2008
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IG Looks at Delays in Polar Bear Listing The Interior Department's inspector general has begun a preliminary investigation into why the department has delayed for nearly two months a decision on listing the polar bear as threatened because of the loss of Arctic sea ice. 07 Mar 2008