Advertisement
HomeCollectionsMarket Capitalization
IN THE NEWS

Market Capitalization

FEATURED ARTICLES
BUSINESS
March 4, 1994
EAI loses bid, stocks drop 23%Education Alternatives Inc. stock plummeted $5 a share yesterday after news reports hit the stock market that the company lost a contract to manage public schools in Milwaukee and that its bid to manage schools in Washington, D.C., is on hold. The stock dropped 23 percent, or $5 a share, to $16.75. The fall wiped out $30 million in market capitalization. EAI manages 11 Baltimore public schools.
ARTICLES BY DATE
BUSINESS
By Andrew Leckey | March 20, 2005
Supersize me. Individual investors, institutions and pension funds love to own giant stocks that command everyone's attention. Market capitalization is computed by taking the total number of shares and multiplying by the share price. The stocks with the largest capitalization earned their popularity because their companies were quicker, shrewder and more forceful than the competition. Investors in these stocks expect the winning ways to continue, providing a foundation for their portfolios.
Advertisement
BUSINESS
By Amanda J. Crawford and Amanda J. Crawford,SUN STAFF | August 21, 1999
Environmental Elements Corp. said yesterday that it is preparing a plan to meet new standards for being listed on the New York Stock Exchange.The Baltimore provider of air-pollution-control systems is one of many companies that could be dropped from the Big Board unless they meet standards that became effective July 27.The NYSE would not disclose the number of companies affected by the new standards, which include:Market capitalization and stockholders equity...
BUSINESS
By NEW YORK TIMES NEWS SERVICE | July 25, 2003
LONDON - Roche Holdings AG, the Swiss pharmaceutical giant, said yesterday that it had agreed to buy Igen International Inc. of Gaithersburg for $1.26 billion - and then give nearly the whole company right back to Igen's shareholders. Roche would come away from the deal with one major benefit: a perpetual license to use Igen's patented amino acid-based technology in its diagnostic tests without paying royalties. Roche already has about $370 million in annual revenue from products based on the technology.
BUSINESS
By William Patalon III and William Patalon III,SUN STAFF | July 13, 1999
The addition of three Maryland companies to closely monitored Russell stock indexes underscores investor recognition of the bullish prospects the companies enjoy, analysts and officials of the companies say.Baltimore-based Creditrust Corp., Annapolis-based USInternetworking Inc. and Lanham-based Radio One Inc. were among companies added yesterday to one or more of the broad stock indexes created and charted by Frank Russell Co.One of those, the Russell 2000 index, is the most widely referred to index of small public companies as measured by market value.
BUSINESS
By BLOOMBERG BUSINESS NEWS | February 25, 1996
NEW YORK -- Perhaps it's time for another revamping of the venerable Dow Jones Industrial Average.No change has been made in the Dow average -- which will be 100 years old this May -- in almost five years. Given recent history, that's a long time for the Wall Street Journal officials who decide such things.Changes in the Dow industrials have come about every three years on average since 1976. Before then, changes occurred about every 12.By contrast, Standard & Poor's Corp. made a record 33 changes in its widely followed S&P 500 Index last year, and on average made more than 15 changes in each of the past 10 years.
BUSINESS
By Bill Atkinson | July 26, 1998
DAVID Polischeck's phone crackles with calls from brokers demanding the skinny on Internet stocks.Polischeck, a research liaison for Legg Mason Inc. in Baltimore, has been blitzed lately by calls from colleagues because their clients have caught Internet fever."
BUSINESS
By Kristine Henry and Kristine Henry,SUN STAFF | September 28, 2000
Amid falling product prices due to rising imports, Bethlehem Steel Corp.'s stock dipped below $3 for the first time in its history yesterday, closing at an all-time low of $2.9375. For less than the price of a latte, one can now buy into the nation's third-largest steel producer whose roots date back to 1857 and which once employed 130,000. The venerable $4 billion company - which lost $183 million last year - now has a market capitalization of just over $380 million. "It's not just Bethlehem, the total group of steel companies has lost a significant amount of market cap," said Michael F. Gambardella, an analyst at J. P. Morgan Securities in New York.
BUSINESS
By Jerry Morgan and Jerry Morgan,NEWSDAY | November 24, 1996
You're looking for a fund to invest in.You think a large-cap fund may grow too slowly and a small-company fund may be too volatile. So you opt for the middle of the road, a mid-cap fund.Congratulations. You have probably just bought a fund that contains large stocks and small stocks as well as mid-cap stocks.Why? First, "there is no standard definition of mid-cap" among fund companies, said Laura Lallos, senior analyst for Morningstar Inc. in Chicago.Second, a long bull market keeps shifting the boundaries, which were never consistent to begin with.
BUSINESS
By BLOOMBERG BUSINESS NEWS | December 26, 1995
NEW YORK -- A $27 billion stream of new U.S. stock sales is unlikely to damp the bull market because of a little-recognized fact: The number of shares outstanding is actually declining.The Federal Reserve said the U.S. equity market, excluding financial companies, shrank by $35.4 billion in the first half. Fed officials said they expect a further reduction in the third quarter, even though much-publicized initial public offerings by Netscape Communications Corp., Estee Lauder Cos. and others make this year the second-biggest for IPOs after 1993.
BUSINESS
By Kristine Henry and Kristine Henry,SUN STAFF | September 28, 2000
Amid falling product prices due to rising imports, Bethlehem Steel Corp.'s stock dipped below $3 for the first time in its history yesterday, closing at an all-time low of $2.9375. For less than the price of a latte, one can now buy into the nation's third-largest steel producer whose roots date back to 1857 and which once employed 130,000. The venerable $4 billion company - which lost $183 million last year - now has a market capitalization of just over $380 million. "It's not just Bethlehem, the total group of steel companies has lost a significant amount of market cap," said Michael F. Gambardella, an analyst at J. P. Morgan Securities in New York.
BUSINESS
By Bill Atkinson and Bill Atkinson,SUN STAFF | September 29, 1999
Deutsche Banc Alex. Brown took a company public yesterday whose shares leaped 525 percent, the largest first-day gain in an initial public offering this year.Shares of Foundry Networks Inc. closed at $156.25, up $131.25 after being priced by Deutsche Banc Alex. Brown at $25 a share. The company sold 5 million shares, a 9 percent stake.Foundry's shares started trading at 1: 45 p.m. on the Nasdaq stock market at $114 a share, although some traders using other electronic systems bought and sold shares at $109.
BUSINESS
By Amanda J. Crawford and Amanda J. Crawford,SUN STAFF | August 21, 1999
Environmental Elements Corp. said yesterday that it is preparing a plan to meet new standards for being listed on the New York Stock Exchange.The Baltimore provider of air-pollution-control systems is one of many companies that could be dropped from the Big Board unless they meet standards that became effective July 27.The NYSE would not disclose the number of companies affected by the new standards, which include:Market capitalization and stockholders equity...
BUSINESS
By William Patalon III and William Patalon III,SUN STAFF | July 13, 1999
The addition of three Maryland companies to closely monitored Russell stock indexes underscores investor recognition of the bullish prospects the companies enjoy, analysts and officials of the companies say.Baltimore-based Creditrust Corp., Annapolis-based USInternetworking Inc. and Lanham-based Radio One Inc. were among companies added yesterday to one or more of the broad stock indexes created and charted by Frank Russell Co.One of those, the Russell 2000 index, is the most widely referred to index of small public companies as measured by market value.
BUSINESS
By Bill Atkinson | July 26, 1998
DAVID Polischeck's phone crackles with calls from brokers demanding the skinny on Internet stocks.Polischeck, a research liaison for Legg Mason Inc. in Baltimore, has been blitzed lately by calls from colleagues because their clients have caught Internet fever."
BUSINESS
By Jerry Morgan and Jerry Morgan,NEWSDAY | May 3, 1998
Cendant Corp. stock crashes in one day, and a number of mutual funds take a big hit -- a big hit, that is, for mutual funds.The Parsippany, N.J., company's stock price was cut almost in half, and some mutual fund shares dropped 2 percent to 5 percent, which, in large part, explains one of the virtues of owning a mutual fund: that a Cendant is one of many shares in a fund, and so the effects of a big hit are mitigated by the performance of other stocks in...
BUSINESS
By Andrew Leckey and Andrew Leckey,Tribune Media Services | October 29, 1991
The U.S. stock market, despite setting all-time highs, is a piker among the world's markets in 1991.Of the largest stock markets, Hong Kong is up 33 percent and Australia 30 percent. Among emerging markets, Argentina has gained 290 percent and Chile 117 percent.Looking back over the past 20 years, best-performing markets have been Japan, Hong Kong and Singapore/Malaysia.To put us further in our place, the number of stock markets keeps growing, with more than 90 now in existence. There are even fledgling exchanges in the Soviet Union.
BUSINESS
By NEW YORK TIMES NEWS SERVICE | July 25, 2003
LONDON - Roche Holdings AG, the Swiss pharmaceutical giant, said yesterday that it had agreed to buy Igen International Inc. of Gaithersburg for $1.26 billion - and then give nearly the whole company right back to Igen's shareholders. Roche would come away from the deal with one major benefit: a perpetual license to use Igen's patented amino acid-based technology in its diagnostic tests without paying royalties. Roche already has about $370 million in annual revenue from products based on the technology.
BUSINESS
By BLOOMBERG NEWS | May 29, 1997
STAMFORD, Conn. -- Shares of HFS Inc. and CUC International Inc. fell yesterday amid concern that their planned $10.1 billion merger would create a business too big to increase earnings at the same clip as the individual companies.The merger proposed late Tuesday -- less than a month after HFS completed its $1.8 billion purchase of Hunt Valley-based PHH Corp. -- would unite CUC's direct-marketing business with HFS' consumer brands, including Days Inn hotels, Coldwell Banker real estate and Avis car rentals.
BUSINESS
By BUSINESS BUSINESS NEWS | December 29, 1996
TOKYO -- Mazda Motor Corp. will invest $126 million in its money-losing U.S. distribution arm to improve its finances, expand sales and raise its stake to 88 percent.Mazda's U.S. sales fell almost 16 percent to 223,445 vehicles this year through November, compared with the same period a year earlier.Irvine, Calif.-based Mazda Motor of America Inc. has been unprofitable for at least the past two years, said Mazda spokesman Hiro Akutagawa.The extra capital will allow the distributor "to use customer incentives and incentives to dealers to expand sales," Akutagawa said.
Baltimore Sun Articles
|
|
|
Please note the green-lined linked article text has been applied commercially without any involvement from our newsroom editors, reporters or any other editorial staff.