White middle-class families are more than twice as likely to own stock as black middle-class families.
Asked whether Apollo would take advantage of the wave of cheap capital to go on an acquisition spree, Mr. Black said that rising stock markets actually made it a great time to sell or list companies.
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In total, the black majority owns 5.3% of the local stock market including all so-called "black chip" investment, down from 9.6% in 1998.
For some investors, the stock market has a permanent black cloud over it.
My first color choice, black on anthracite, is out of stock.
Despite this, I do not believe that the stock market is as vulnerable to another Black Monday.
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And the technique is fascinating: black-and-white cinematography (on color stock with the color bleached out), soft images via lenses that now qualify as antiques, performances that echo the old film-noir acting style.
BET's 1991 initial public offering brought national attention: It became the first black-owned company to trade on the New York Stock Exchange.
Over the past decade, the stock has consistently gained ground during the post-Black Friday week .
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One explanation of Black Friday riots is that overcrowding, long queues and insufficient stock makes customers dissatisfied and more likely to resort to violence.
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The essence of its black box is this: To know the bond, follow the stock.
The Black Monday decline was the second largest one-day percentage decline in stock market history.
The October 1929 stock exchange collapse did not cause the Depression any more than Black Monday did in 1987.
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Billionaire Leon Black recently managed to finally list Apollo Global Management on the New York Stock Exchange and billionaire David Rubenstein appears well on his way to pulling off an IPO for his private equity shop, The Carlyle Group.
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Target saw a substantial, but far smaller increase in check-ins than Best Buy, and Target stock was also one of the first to see a decline after Black Friday weekend.
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Apple also was involved in a stock option back-dating scandal a few years ago, which was certainly a black eye for the entire board, but especially the compensation committee.
While this Monday was not nearly as black, it is important that we use the opportunity to recall the circumstances that nearly sent the stock market into cardiac arrest.
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Vignette's CEO, Gregory Peters, says the software shop could break into the black by the end of next year--less than two years after its wildly successful public stock offering.
Vignette's chief executive, Gregory Peters, says the software shop could break into the black by the end of next year--less than two years after its wildly successful public stock offering.
Among the retailers we tracked, Best Buy had the greatest proportional increase in check-ins during Black Friday and over the course of the weekend, which translated into a noticeable bump in its stock immediately after the weekend.
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The decline of the broad stock market indexes in the fall of 2008 through early March 2009 is an example of a Black Swan event.
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