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First impression of the Ricketts kids, Take 2: Almost perfect. Tom Ricketts and his two brothers and sister went 4-for-5 in their introductory news conference at the new owners-slash-operators-slash-first-fans of the Cubs.
Q: We have attended many free dinner seminars, andequity-indexed annuities seem to be the flavor of the month. We like some of the features, but we don't like the hidden costs of the annuities and the steep surrender charges and fees.
For Rickettses, team is next family business, and they want to win Tom Ricketts walks around Wrigley Field unrecognized and sits in the stands with the crowd. That's going to change.
CHICAGO — Tom Ricketts and his family took ownership of the Chicago Cubs and wasted no time making a promise to the team's long-suffering fans: They will bring a World Series title to a team that has gone 101 years without one.
Bleachers to boardroom and back 3 years of haggling pays off as owners promise Cubs fans big things.
There's an old joke: How do you become a millionaire? Have $1 billion — then buy the Chicago Cubs. Well, Tom Ricketts did buy the storied franchise and its famous ballpark, Wrigley Field, spending almost $900 million. And it's a team that hasn't won a World Series for more than a century.
Tom Ricketts and his family took ownership of the Chicago Cubs and wasted no time making a promise to the team's long-suffering fans: They will bring a World Series title to a team that has gone 101 years without one. "I'll be honest. I think we have a team that can do it next year," Tom Ricketts said without hesitation Friday at a Wrigley Field news conference.
The new owner of the Chicago Cubs knows what fans want to hear and he didn't wait long to deliver.
OMAHA, Neb. — Buying the Chicago Cubs doesn't mean the Ricketts family will become less engage...
(Updates with comments on plans to repurchase auction rate securities, share buybacks and dividends, and information on money market fund fee waivers beginning in the sixth paragraph.)
The Ricketts family formally introduced themselves to the media and to Chicago on Friday, officially starting the Ricketts era for the Cubs. But there's much more to the story than what they told the media.
The new owner of the Chicago Cubs didn't wait long to make a promise: Tom Ricketts said the Cubs are going to win the World Series.
Corporate executives have learned nothing from the recession. As the economy recovers, they should use the cash they piled up during the bad times to build new plants and make sensible acquisitions while costs are low and they can leverage their spending with low-interest debt.
OMAHA, Neb.----TD AMERITRADE Holding Corporation has released results for fiscal 2009. Despite facing challenges related to struggling stock markets, a near-zero interest rate environment and an economic recession, the Company delivered a strong financial performance as a result of record organic growth in client assets and trading activity.
Thomas Ricketts spent $845 million for, among other assets, a baseball team that in a good year will record a profit of around $30 million. The new owner of the Chicago Cubs will have to repay loans of $425 million he obtained for the purchase. That's an expense the Cubs' seller, Tribune Co., never had. He'll have to look at costs of Wrigley Field renovation to facilities that sorely need ...
