Advertisement
YOU ARE HERE: LAT HomeCollectionsHilltop Holdings Inc
IN THE NEWS

Hilltop Holdings Inc

FEATURED ARTICLES
BUSINESS
December 5, 2007 | From Bloomberg News
Hilltop Holdings Inc., an investment firm led by billionaire Gerald J. Ford, reduced its stake in Newport Beach-based Downey Financial Corp. to 4.9%, less than a month after saying it wanted to discuss a sale of the money-losing savings and loan. Hilltop, which reported a 6.8% stake in Downey last month, didn't say in a regulatory filing Tuesday whether it was still interested in talking with Downey. Ford broke off talks in October to invest in Santa Monica-based Fremont General Corp.
ARTICLES BY DATE
BUSINESS
December 5, 2007 | From Bloomberg News
Hilltop Holdings Inc., an investment firm led by billionaire Gerald J. Ford, reduced its stake in Newport Beach-based Downey Financial Corp. to 4.9%, less than a month after saying it wanted to discuss a sale of the money-losing savings and loan. Hilltop, which reported a 6.8% stake in Downey last month, didn't say in a regulatory filing Tuesday whether it was still interested in talking with Downey. Ford broke off talks in October to invest in Santa Monica-based Fremont General Corp.
Advertisement
BUSINESS
November 20, 2007 | From Times Wire Services
An investment firm run by billionaire and former thrift executive Gerald J. Ford said Monday it had accumulated a 6.8% stake in Downey Financial Corp. and might want to acquire the Newport Beach-based savings and loan. Downey shares soared $3.59, or 12%, to $33.58 on the news. In a filing with the Securities and Exchange Commission on Monday, Hilltop Holdings Inc.
BUSINESS
November 20, 2007 | From Times Wire Services
An investment firm run by billionaire and former thrift executive Gerald J. Ford said Monday it had accumulated a 6.8% stake in Downey Financial Corp. and might want to acquire the Newport Beach-based savings and loan. Downey shares soared $3.59, or 12%, to $33.58 on the news. In a filing with the Securities and Exchange Commission on Monday, Hilltop Holdings Inc.
BUSINESS
December 15, 2007 | From Bloomberg News
Downey Financial Corp., the Newport Beach savings and loan company that has drawn the attention of billionaire Gerald J. Ford, said nonperforming assets rose last month. Assets that aren't collecting income anymore rose to nearly 3.7% of total loans in November from 2.7% in October, Downey said in a regulatory filing Friday. The selected data were filed in response to investor requests, Downey said. Ford's Hilltop Holdings Inc. bought a 6.
Los Angeles Times Articles
|