Facing a takeover bid from a rival, Electronic Arts, Take-Two Interactive sought to assure Wall Street investors on Tuesday that it is capable of growing on its own.
At the time, Xerox assured Wall Street that the receivables shortfall did not indicate any deep-rooted problems with Xerox's internal financial controls.
Business Day|Run on Big Wall St. Bank Spurs Rescue Backed by U.S. Run on Big Wall St. Bank Spurs Rescue Backed by U.S. Just three days ago, the head of Bear Stearns, the beleaguered investment bank, sought to assure Wall Street that his firm was safe.
SAN FRANCISCO — Facing a takeover bid from rival Electronic Arts, Take-Two Interactive sought to assure Wall Street investors on Tuesday that it is capable of growing on its own.
California wants to improve its credit rating to lower interest rates on the bonds and to assure Wall Street of a reliable stream of money rolling in from electric rates.
After reaching a high of $74 last May, shares fell to about $31.25 a share in October, partly because it came shortly after Maytag officials had assured Wall Street that profit growth was on track.
In a recent trip to the United States, he assured Wall Street analysts and those attending a forum at the Inter-American Dialogue, a policy group in Washington, that he was not the same president who stopped payments on Peru's foreign debt.
Fannie Mae attempted to assure Wall Street Friday that its credit losses are under control but investors weren't buying.
Big Ben highlighted the problems in the mortgage markets, and hinted that future rate cuts could be on the way, but he assured Wall Street that the economy would rebound later this year, as the markets digested the Fed's actions.
And DWR's upbeat announcement Sunday was designed to assure Wall Street that the state's power buyer will have a reliable stream of revenue to repay bonds.
In a December presentation, CEO Greg Goff assured Wall Street analysts that the refinery in Anacortes had been safely restarted and that "insurance recoveries [were] underway".
