N.Rock braces for investor backlash
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Northern Rock's  180,000 investors next week face a choice between keeping a say in the future of the troubled British bank or hampering the chance of a rescue at a critical time.
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Many investors are in a quandary over how to adjust their portfolios while waiting on the Fedâs next move.
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The rescue of British bank Northern Rock   could get bogged down in a legal battle as shareholders  criticized the government's handling of the five-month crisis  just as a decision nears.
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US stocks were set for more pain on Friday as heightened credit concerns and fresh bad economic news weighed on investor sentiment.
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Investors didn't appreciate news of their management's plans to sell shares.
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Reliance Industries (RIL) is likely to be under pressure to announce a share buyback at an attractive price at Mondayâs board meeting, analysts said.
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Northern Rock, the British bank nearly sank by the global credit crunch, faced a shareholder vote Tuesday over plans to limit management's ability to sell the group without consulting investors.
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Angelo R. Mozilo has been criticized by Countrywide shareholders who question the timing of his stock sales in the months before the companyâs shares plummeted as the mortgage crisis deepened.
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Northern Rock waits to see if a government pledge to protect accounts will reassure its customers.
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Northern Rock shares have a turbulent time after a week in which its stock tumbled in the wake of a credit crisis.
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U.S. stock investors looking to recoup  from the worst week in almost three months will have to keep  one eye out for signs of weakness in the tidal wave of earnings  due next week and the other on the threat surging oil prices  pose to the economy and profits.
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Banknorth Group Inc.'s biggest investors are voicing concerns about the proposed sale of a controlling stake to Toronto-Dominion Bank .
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Richard Lapthorne, chairman of Cable &amp; Wireless, faces an investor backlash over controversial pay proposals by the telecoms company last week.
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TONY EASTLEY: US investors have reacted with caution to a move by media mogul, Rupert Murdoch, to shore up his family&#39;s holdings in News Corporation.
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Stock investors looking to recoup from the worst week in almost three months will have to keep one eye out for signs of weakness in the tidal wave of earnings due next week and the other on the threat surging oil prices pose to the economy and profits.
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Bruce Wasserstein&#39;s plan to sell shares of Lazard LLC, the world&#39;s largest closely held investment bank, may face opposition from the firm&#39;s 11-member board tomorrow at a meeting in Paris, people familiar with the matter said.
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U.S. shares are set to open lower on Tuesday as investor worries about economic growth threaten a tentative stock market recovery.