Caughtin A Storm
John and Regina Baker checked with their financial adviser to make sure their funds were scandal free. On the surface, 2003 was an excellent year for mutual funds. Virtually every...
management
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53. Stone Mountain Chrysler Jeep Dodge
Stone Mountain Chrysler Jeep Dodge is the nation’s 53rd largest African American-owned auto dealership; and Georgia’s largest minority-owned auto dealership. Ford owns Seventy-five percent of the company’s stock. Darryl Ford...
The Giant Slayers
It was a collapse of epic proportions. The financial crisis in 2008 created an atmosphere of panic and fear not only on Wall Street but throughout the world as the bursting of a global housing bubble left financial institutions without liquidity. The Lehman Bros. bankruptcy heralded unprecedented failures for American and European banks despite governmental bailout efforts. Markets worldwide plummeted in the worst financial catastrophe since the Great Depression.
Why You Must Always Invest in Stocks
Bouncing back, in fact, is something that stocks have been doing for decades. Even before the bear markets of the 21st century, the U.S. stock market has endured a lot—world wars, numerous recessions, and innumerable crises—and still delivered solid returns. According to Morningstar, large-company U.S. stocks have produced annualized returns of nearly 11% for the past 30 years, through 2012. Going back to 1926, to include the Great Depression, annualized returns are around 10%.
Why Cordia Energy’s $165M Acquisition Proves Black Leadership Serves As Key Growth Element
Cordia’s acquisition of district energy and microgrid assets will increase the company’s footprint between localized energy systems that serve both institutional and commercial customers.