Closing Books on Dot - Coms Fallen upstart geniuses of the «new economy» are writing memoirs, trying to distance themselves from
huge equity losses.
Not exact matches
Avon has racked up about $ 1.8 billion in
losses and last year sold off its North American business to private
equity firm Cerberus, a
huge blow for a company founded in 1886 in New York when a door - to - door bookseller found that the perfumes he mixed himself were popular with his customers.
Even though the company was posting record sales and was on course to show a profit in the second quarter, earnings took a
huge hit from a $ 15.1 million
loss on prepayment of debt and $ 3 million in
equity - based compensation charges.
«We write to direct your urgent attention to the destructive role of these companies in the current crisis in Puerto Rico, in which massive hurricane damage and economic
loss is being exploited by private
equity funds seeking
huge profits from human suffering,» says the letter, which was also signed by groups including New York Communities for Change and the Center for Popular Democracy.
In some bear markets a broadly diversified, globally diversified portfolio protects investors against
huge losses, like 2000 - 2002, but most big bear markets are more like 2007 - 2009 when almost all
equity asset classes fell.
I do believe, however, that
equity exposure should be reduced in late career to mitigate the risk of a
huge market
loss just before retirement.
How many long
equity positions were stopped out at
huge losses in the initial overnight sell - off?
LIC incurred
huge losses from
equity investments in FY 2010 - 11.