Fortress Investment Group LLC, Century Aluminum and Jones Apparel Group lead small-cap percentage losers
Fortress Investment Group LLC , Century Aluminum Co. and Jones Apparel Group Inc. are among the biggest percentage losers in Wednesday's trading among... (Wed, 15 Oct 2008 16:16:12 GMT)
A Unique Student Investment Fund: Lakeshore East Partners
Last May, two GSB students, Jody Goehring and Wyatt Cavalier (both '09), announced the launch of an independent student- run investment fund, which would be managed by Lakeshore East Partners LLP (LSE), named after the local downtown neighborhood where both live. (Wed, 15 Oct 2008 15:58:27 GMT)
Early Glance: Investment Banks companies
(AP:NEW YORK) Shares of some top investment banks companies are down at 10 a.m.: Goldman Sachs fell $4.21 or 3.4 percent, to $118.69. Merrill Lynch fell $1.33 or 6.2 percent, to $20.02. (Wed, 15 Oct 2008 14:57:08 GMT)
Mastercolour finishes investment round with Heidelberg stitching line
B1 and B2 commercial printer Mastercolour has topped off a £450,000 investment across its entire spectrum of facilities with a new stitching line from Heidelberg. (Wed, 15 Oct 2008 14:22:16 GMT)
Mint sweetens the deal with investment tracking
Personal finance tracker mint.com, which picked up a "Best of Show" Tuesday at Finovate , has released its collection of investment tracking tools from closed beta. (Wed, 15 Oct 2008 14:20:01 GMT)
StatoilHydro Revises Investment Estimate for Snohvit Project
StatoilHydro has presented a revised investment estimate for the Snohvit project as part of the Norwegian authorities' annual updating of projects under development. (Wed, 15 Oct 2008 14:07:23 GMT)
India Doubles Overseas Investment Cap in Local Bonds (Update2)
Oct. 15 (Bloomberg) -- India doubled the overseas investment limit in corporate bonds and provided 250 billion rupees ($5.2 billion) to banks to ease the deepest credit crunch in the economy in eight years. (Wed, 15 Oct 2008 13:50:19 GMT)
Belarus continues work to improve investment climate - Econ Ministry
MINSK. Oct 15 (Interfax) - Belarus plans to continue implementing measures to improve the investment climate, Deputy Economic Minister Pyotr Zhabko said at a press conference in Minsk on Wednesday. (Wed, 15 Oct 2008 12:56:55 GMT)
Gulf General Investment profit up 75%
Gulf General Investment, an investment firm based in the UAE, has reported that its nine-month profit jumped 75%. Net income advanced to Dhs614m ($167m) from Dhs351m in the year-earlier period. Revenue for the period jumped to Dhs5 bn from Dhs3.2bn. (Wed, 15 Oct 2008 07:12:38 GMT)
State's investment portfolio value has lost about $1 billion
CHARLESTON, W.Va. - West Virginia's $10 billion-plus investment portfolio lost about another $200 million of value in August, bringing total investment losses since July 1, 2007, to about $825 million, the executive director of the state Investment Management Board told legislators Tuesday. (Wed, 15 Oct 2008 05:33:34 GMT)
Bayt Al-Mal leads $172m GCC investment in Canada
Kuwaiti Islamic investment bank Bayt al-Mal, along with partners, plans to invest $172.7m to build a motor-sport and commercial complex in the Canadian Niagara region. (Wed, 15 Oct 2008 05:27:18 GMT)
Gulf General Investment Nine-Month Profit Rises 75% on Sales
Oct. 15 (Bloomberg) -- Gulf General Investment Co., an investment company based in the United Arab Emirates, said nine- month profit rose 75 percent as revenue surged. (Wed, 15 Oct 2008 05:21:29 GMT)
States investment portfolio value has lost about $1 billion
CHARLESTON, W.Va. - West Virginias $10 billion-plus investment portfolio lost about another $200 million of value in August, bringing total investment losses since July 1, 2007, to about $825 million, the executive director of the state Investment Manageme... (Wed, 15 Oct 2008 05:12:53 GMT)
Centene trims back Q3 earnings due to investment losses
Third-quarter earnings at Centene Corp., a Clayton-based managed care company, were cut by 7 cents a share because of investment losses tied to the bankruptcy of Lehman Brothers Holdings Inc., Centene said on Tuesday. (Wed, 15 Oct 2008 04:12:55 GMT)
Northwest pushes for more investment
VietNamNet Bridge – A forum to promote investment in the northwest was considered a roaring success as agreements were reached regarding 19 projects in the region, with a total investment capital of more than 3 billion USD. (Wed, 15 Oct 2008 04:09:40 GMT)
Ford to Go Ahead With India Investment, Undeterred by Slowdown
Oct. 15 (Bloomberg) -- Ford Motor Co. , the U.S. automaker that hasn't made annual profits since 2005, said it will go ahead with its planned $500 million India investment, notwithstanding a slowdown in the local market. (Wed, 15 Oct 2008 03:25:10 GMT)
Total Investment on Track Amid Lower Crude Oil Prices, CEO Says
Oct. 14 (Bloomberg) -- Total SA , Europe's third-largest oil company, will keep to its investment plans amid lower crude prices, Chief Executive Officer Christophe de Margerie said. (Tue, 14 Oct 2008 19:51:16 GMT)
JNJ Proves a Safe Investment
JNJ Proves a Safe Investment (Tue, 14 Oct 2008 19:22:49 GMT)
CareView Communications, Inc. Engages William Blair & Company as Investment Banker
CareView Communications, Inc. ("CareView" or the "Company") (Pink Sheets:CRVW), an information technology provider to the healthcare industry, announced today the execution of an agreement with William Blair & Company, a global investment banking firm. Under the agreement, William Blair & Company agrees to provide certain investment banking services in connection with a possible private ... (Tue, 14 Oct 2008 16:50:27 GMT)
Early Glance: Investment Banks companies
(AP:NEW YORK) Shares of some top investment banks companies are up at 10 a.m.: Goldman Sachs rose $9.61 or 8.7 percent, to $120.61. Merrill Lynch rose $3.35 or 19.0 percent, to $20.97. (Tue, 14 Oct 2008 15:13:07 GMT)
Echo360 lands $15M investment
Higher education software company Echo360 Inc. has secured a $15 million investment from Court Square Ventures. (Tue, 14 Oct 2008 14:11:11 GMT)
Mitsubishi UFJ closes US$9 billion investment in Morgan Stanley
Japan’s Mitsubishi UFJ Financial Group Inc (MUFG) completed its $9 billion investment in Wall Street investment bank Morgan Stanley on Monday. The rescue deal should help assuage concerns about Morgan’s capital position, but Fitch Ratings warns that the business still faces operational challenges. (Tue, 14 Oct 2008 13:46:31 GMT)
Dow Jones industrials soar 300 at opening in response to government's bank investment plan
(AP:NEW YORK) Dow Jones industrials soar 300 at opening in response to government's bank investment plan. Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. (Tue, 14 Oct 2008 13:37:49 GMT)
Investment adviser weighs in on financial crisis
In the midst of the global financial crisis of the stock market last week, the Bonanza interviewed Steve Ause, registered principal of the Retirement Specialist, an investment firm in Incline Village. (Tue, 14 Oct 2008 13:06:11 GMT)
APF Group plans 10 investment projects around Asia, focusing on the synergy of the business group.
APF Group today announces its investment plans for 2009 with the main emphasis on investments in both non-bank financial institutions and real estate sectors that will yield good returns for stockhold (Tue, 14 Oct 2008 10:06:11 GMT)
(AFX UK Focus) 2008-10-14 08:04 Proximagen to get $6 mln milestone equity investment as PRX1 hits milestone
LONDON (Thomson Financial) - Proximagen Neuroscience Plc. said it will receive a $6 million equity investment as it has hit its first milestone under the terms of the worldwide licensing agreement signed with Upsher-Smith Laboratories Inc. on July 14. (Tue, 14 Oct 2008 07:22:50 GMT)
UK investment chief confident of City's future
London will remain a top financial centre in the hard times ahead because the city's underlying strengths will still be attractive, the head of the agency that promotes investment in Britain believes. (Tue, 14 Oct 2008 07:03:37 GMT)
Indian Govt. Likely To Ease Foreign Investment Norms In Banking, Telecom Sectors
(RTTNews) - Indian government is likely to relax norms for foreign investment in banking and telecom sectors by treating portfolio Foreign Institutional Investors Investment outside the sectoral cap, reported PTI. Currently, the foreign direct investment and foreign institutional investments are added to determine sectoral foreign investment cap in banking, credit information companies, ... (Tue, 14 Oct 2008 06:01:07 GMT)
Wells Fargo may cut Wachovia investment bank unit
SEPTEMBER 18, 2008 - Pedestrians cross the street in front of the Wachovia building on Market Street. (John L. White/P-D) Wells Fargo & Co. is likely to sell or pare the investment banking business it's acquiring in the purchase of Wachovia Corp., analysts say. (Tue, 14 Oct 2008 04:58:05 GMT)
Mitsubishi UFJ Gets Better Investment Terms From Morgan Stanley
Oct. 14 (Bloomberg) -- Mitsubishi UFJ Financial Group Inc. wrested better terms from Morgan Stanley for a $9 billion investment, securing an additional $300 million in annual dividends after the U.S. securities firm's shares dropped. (Tue, 14 Oct 2008 00:52:03 GMT)
Wells Fargo May Cut Wachovia Investment-Bank Unit (Update4)
Oct. 13 (Bloomberg) -- Wells Fargo & Co. is likely to sell or pare the investment-banking business it's acquiring in the purchase of Wachovia Corp., analysts say. (Mon, 13 Oct 2008 21:34:30 GMT)
Treasury Hires Investment Adviser Under the Emergency Economic Stabilization Act
- The U.S. Treasury Department today announced that EnnisKnupp and Associates will serve as its investment adviser for the implementation of the Troubled Asset Relief Program authorized under the Emergency Economic Stabilization Act. Treasury hired the Chicago-based firm Saturday and the firm began work immediately to help the Department administer the complex portfolio of troubled assets the ... (Mon, 13 Oct 2008 17:58:33 GMT)
Wells Fargo May Cut Wachovia Investment Bank Unit (Update2)
Oct. 13 (Bloomberg) -- Wells Fargo & Co. is likely to sell or pare the investment banking business it's acquiring in the purchase of Wachovia Corp., analysts say. (Mon, 13 Oct 2008 16:19:38 GMT)
Mitsubishi closes $9B investment in Morgan Stanley
Morgan Stanley completed a deal today to receive a $9 billion investment from Japanese bank Mitsubishi UFJ Financial Group, giving it a much-needed cash infusion. (Mon, 13 Oct 2008 14:45:41 GMT)
Qatar Investment Authority to Take Qatari Bank Stakes (Update1)
Oct. 13 (Bloomberg) -- Qatar Investment Authority, the country's $60 billion sovereign wealth fund, will contribute as much as 20 percent to the capital of local banks traded on its stock exchange as Persian Gulf countries try to protect themselves from the global credit crisis. (Mon, 13 Oct 2008 13:30:51 GMT)
Mitsubishi closes $9B investment in Morgan Stanley
Morgan Stanley completed a deal Monday to receive a $9 billion investment from Japanese bank Mitsubishi UFJ Financial Group Inc., giving it a much-needed cash infusion. (Mon, 13 Oct 2008 13:21:26 GMT)
Mitsubishi Closes $9B Investment In Morgan Stanley
Morgan Stanley says Mitsubishi UFJ Financial Group has completed its $9 billion investment in the firm, giving it a much-needed capital infusion. (Mon, 13 Oct 2008 13:15:58 GMT)
Mitsubishi UFJ Completes Investment in Morgan Stanley
Morgan Stanley got its deal. After a weekend of tense negotiations with Mitsubishi UFJ Financial Group , the big Japanese bank, Morgan Stanley announced early Monday that Mitsubishi had completed its previously announced $9 billion investment in the Wall Street firm, under revised terms. (Mon, 13 Oct 2008 12:36:55 GMT)
Morgan Stanley investment to be protected
NEW YORK, Oct. 13 (UPI) -- U.S. officials are urging a Japanese bank to go ahead with its investment in Morgan Stanley, promising to protect the money, sources told The New York Times. (Mon, 13 Oct 2008 11:26:47 GMT)
Wells Fargo May Pare Back Wachovia’s Investment Bank
Now that Wells Fargo has fought back Citigroup to win Wachovia , it may take the axe to the investment banking business it’s acquiring, industry observers suggested. (Mon, 13 Oct 2008 11:07:45 GMT)
U.S. vouches for Japanese bank's investment in Morgan
In what could set an important precedent, federal officials assured a big Japanese bank late Sunday that its planned investment in the embattled Wall Street giant Morgan Stanley would be protected, according to people involved in the talks. (Mon, 13 Oct 2008 09:41:53 GMT)
ECONOMY: Area cities dodge investment losses
While the stock market has tanked, the investment portfolios of local cities have held up because of state guidelines that require municipalities to invest conservatively. (Mon, 13 Oct 2008 07:45:45 GMT)
Marketing Calculator: Measuring and Managing Your Return on Marketing Investment
"Finally marketing investment has a consequence. An every day practical guideline for marketers and controllers. With this book effective marketing becomes a learnable skill with clear rules. Guy Powell provides an excellent road map for practitioners that need and want to bring much more transparency into their every day decisions in marketing. A must read!" - Vice President, International ... (Mon, 13 Oct 2008 07:01:00 GMT)
Edward Lotterman: The future holds promise for prudent investment banks
The big investment banks are dead. Investment banking has a bright future. This is not contradictory. (Mon, 13 Oct 2008 06:19:35 GMT)
U.S. vouches for Japanese bank's Morgan investment
In what could set an important precedent, federal officials assured a big Japanese bank late Sunday that its planned investment in the embattled Wall Street giant Morgan Stanley would be protected, according to people involved in the talks. (Mon, 13 Oct 2008 05:50:43 GMT)
Wells Fargo May Cut Wachovia Investment Bank Unit, Analysts Say
Oct. 13 (Bloomberg) -- Wells Fargo & Co. is likely to sell off or pare the investment banking business it's acquiring in the purchase of Wachovia Corp., analysts say. (Mon, 13 Oct 2008 05:16:14 GMT)
Investment woes widen for insurers
NEW YORK—Credit market turmoil spread to more insurers last week as several companies warned of expected large investment losses for the third quarter and some moved to raise capital. (Mon, 13 Oct 2008 03:26:06 GMT)
Mainland records 40% increase in use of overseas investment
China's mainland reported a 39.85 percent surge in the actual use of investment from other areas in the first eight months over the same period last year. (Mon, 13 Oct 2008 02:06:18 GMT)
U.S. investment bank Morgan Stanley in fight for survival
U.S. investment bank Morgan Stanley may have to seek government support while it waits a crucial £5 billion investment from Japan's Mitsubishi UFJ bank. (Mon, 13 Oct 2008 00:38:22 GMT)
U.S. offers to protect MUFG's investment in Morgan Stanley
The investment in Morgan Stanley by the largest bank in Japan is considered a crucial step in the U.S. government's strategy for revitalizing the financial system. (Sun, 12 Oct 2008 22:18:01 GMT)
Some former investment bank brokers thriving
John Krambeer left Merrill Lynch & Co. in 2003 after 16 years to start his own investment advisory firm in El Segundo, Calif. (Sun, 12 Oct 2008 15:52:15 GMT)
Community Development Block Grant and HOME Investment Partnership Program funds applicants are invited to a training ...
SOMERVILLE - Potential applicants for 2009 Community Development Block Grant and HOME Investment Partnership Program funds invited to a training session at 10 a.m. on Wednesday, Oct. 15 on the first floor of the Human Services Building at 27 Warren... (Sun, 12 Oct 2008 15:11:53 GMT)
AT ISSUE: INDEPENDENT ADVISERS: Wall Street chaos may benefit smaller investment firms
John Krambeer left Merrill Lynch & Co. in 2003 after 16 years to start his own investment advisory firm in El Segundo, Calif. Now he says the turmoil on Wall Street may bring him $200 million from wealthy clients abandoning top-tier brokerages, including his former employer. (Sun, 12 Oct 2008 14:00:26 GMT)
Moody's downgrades Gulf Investment Corporation, Kuwait
Moody's Investors Services has recently downgraded the Baseline Credit Assessment of Gulf Investment Corporation (GIC) from 10 to 11 (on a scale of 1 to 21, where 1 reflects the lowest level of risk). (Sun, 12 Oct 2008 13:27:18 GMT)
Iran wants investment for safe oil
Iran has been seeking foreign investment for development of the country's oil and gas deposits to ensure its energy security from big power monopoly and regional conflicts, claiming it has the safest route for oil transport. (Sun, 12 Oct 2008 12:44:29 GMT)
Where innovation finds investment The finalists
Executives from five startup companies will walk on stage at the Tower Theatre on Friday and try to convince an audience of venture capitalists that their company’s business plan is worth at least a $100,000 investment from the Bend Venture Conference.The money can fuel a founder’s dream, even more so in the current economic climate that makes it difficult for any business to find financing and ... (Sun, 12 Oct 2008 11:03:27 GMT)
Ministry calls for investment strategy
HCM CITY — A national, long-term strategy is needed to attract foreign direct investment, officials from the Ministry of Planning and Investment said at a conference yesterday in HCM City. (Sun, 12 Oct 2008 09:50:37 GMT)
Iraq invites Czech investment
The Iraqi Transport Minister, Amir Abduljabbar, has invited Czech companies to invest in the development of the country's transport infrastructure. Talks with the Czech ambassador centered around investment in Basra Major Port and al-Furat al-Awsat International Airport. (Sun, 12 Oct 2008 08:42:22 GMT)
Stupid Investment of the Week: Bank deposits earning below-average interest rates
MarketWatch columnist Chuck Jaffee's Stupid Investment of the Week is on deposits earning low interest rates. (Sun, 12 Oct 2008 07:37:33 GMT)
ECONOMY: Area cities dodge investment losses
While the stock market has tanked, the investment portfolios of local cities have held up because of state guidelines that require municipalities to invest conservatively. (Sun, 12 Oct 2008 07:30:49 GMT)
Abu Dhabi Investment Authority Supports Sovereign Funds' Code
Oct. 12 (Bloomberg) -- Abu Dhabi Investment Authority, the world's biggest sovereign wealth fund, said it supports a code of 24 voluntary principles for sovereign wealth funds presented to a committee of the International Monetary Fund yesterday. (Sun, 12 Oct 2008 07:06:40 GMT)
Financial crisis may hit investment flow in agri sector
The global credit crunch may hit investment flow and production growth in the agriculture sector, although consumers may get some relief in the form of lower food prices due to a demand slump. (Sun, 12 Oct 2008 07:01:27 GMT)
Eastern Nile basin countries urged to enhance investment co-op
Water ministers of Egypt, Sudan and Ethiopia urged Saturday the three Eastern Nile Basin countries to promote cooperation among them for joint ventures investment, the Egyptian state MENA news agency reported. At the end of the 25th session of the Eastern Nile Basin countries' ministerial council, the ministers said it's important to find sources for funding the joint ventures among them which ... (Sun, 12 Oct 2008 06:34:47 GMT)
Bahrain- Newhaven launches investment company
Bahrain- Newhaven launches investment company (Sun, 12 Oct 2008 06:14:21 GMT)
$4 million for Saban an investment at Alabama
Alabama was looking for a blue-chip investment that could provide healthy returns for years to come, and it was willing to pay a premium to get it. (Sun, 12 Oct 2008 05:14:02 GMT)
XL predicts more than $1B in 3Q investment losses
HAMILTON, Bermuda—XL Capital said this morning that it will report investment losses of between $1 billion and $1.2 billion when it announces its third-quarter results later this month. (Sun, 12 Oct 2008 03:11:46 GMT)
ACE expects investment loss of $1.5B for quarter
HAMILTON, Bermuda—ACE Ltd. said it expects to report investment losses of about $1.5 billion when it announces third-quarter results at the end of the month. (Sun, 12 Oct 2008 03:11:36 GMT)
Morgan Stanley, Goldman May Gain Investment From U.S. Treasury
Oct. 11 (Bloomberg) -- Morgan Stanley and Goldman Sachs Group Inc. , the biggest independent U.S. investment banks, may reap cash infusions as part of Treasury Secretary Henry Paulson 's plan to buy stakes in financial institutions, investors said. (Sat, 11 Oct 2008 15:52:10 GMT)
Morgan Stanley, Goldman May Gain Investment From U.S. Treasury
Oct. 11 (Bloomberg) -- Morgan Stanley and Goldman Sachs Group Inc. , the biggest independent U.S. investment banks, may reap cash infusions as part of Treasury Secretary Henry Paulson 's plan to buy stakes in financial institutions, investors said. (Sat, 11 Oct 2008 15:49:23 GMT)
Tata keeps Punjab offer for NANO plant for future investment
Tata Group Chairman Rattan Tata has conveyed that in future the group would increase its investment foot print in Punjab. (Sat, 11 Oct 2008 14:11:18 GMT)
New sharia-compliant investment house to target India, China
Dubai, Oct 11: A new Islamic finance or sharia-compliant investment company targeting the markets of India, China and the Middle East and North Africa (MENA) region has been launched in the United Arab Emirates (UAE). (Sat, 11 Oct 2008 13:42:59 GMT)
Awali Real Estate Investments prepares for Kuwaiti Real Estate & Investment Exhibition
Awali Real Estate Investments prepares for Kuwaiti Real Estate & Investment Exhibition (Sat, 11 Oct 2008 11:56:39 GMT)
Awali Real Estate Investment prepares for Kuwaiti Real Estate & Investment Exhibition
Awali Real Estate Investment, is preparing for its participation in the Real Estate & Investment Exhibition, which will take place at the Kuwait International Fair Centre from 13 to 17 October. (Sat, 11 Oct 2008 10:57:38 GMT)
Conference discuss measures to promote investment in southern region
A Conference on Investment Promotion in Southern Region was held in Ho Chi Minh City on October 10 by the Ministry of Planning and Investment, Ho Chi Minh City People’s Committee and Saigon-Financial Investment Newspaper. (Sat, 11 Oct 2008 10:54:48 GMT)
Iran welcomes foreign investment in oil, gas sector
Iran - Oil - FM Foreign Minister Manouchehr Mottaki on Saturday voiced Iran's readiness to cooperate with foreign firms willing to make investment in Iran's oil and gas projects. (Sat, 11 Oct 2008 07:52:11 GMT)
Simi council to review investment portfolio
The financial meltdown on Wall Street has hardly affected Simi Valley's investments, holding strong at about $140 million, say city officials. The Simi Valley City Council on Monday will review its investment portfolio, made up of local taxes that are invested to help fund the city's operating budget. (Sat, 11 Oct 2008 07:51:13 GMT)
Bama receiving hefty return on Saban investment
TUSCALOOSA, Ala. -- Alabama was looking for a blue-chip investment that could provide healthy returns for years to come, and it was willing to pay a premium to get it. (Sat, 11 Oct 2008 07:50:28 GMT)
Shariah-compliant investment company Amara launches today with first investment into China
Newhaven Investments House announces today the launch of Amara Holdings Inc ('Amara' or 'the Company'), a Shariah-compliant investment company which focuses on pre-IPO, private equity and private placement opportunities predominantly in China, as well as MENA and India. (Sat, 11 Oct 2008 07:12:18 GMT)
The Global Investor Window 2008 Investment & Partnering Event
Islamic Financial Institutions Are Seeking Deals While Others Retreat Shariah Compliant investors are unscathed by the global credit crisis because their investment methods are consistent with Islamic law (Shariah), which precludes the financial leveraging that is at the root of the global crisis. (Sat, 11 Oct 2008 07:00:01 GMT)
Morgan Stanley, Goldman May Gain Investment From U.S. Treasury
Oct. 11 (Bloomberg) -- Morgan Stanley and Goldman Sachs Group Inc. , the biggest independent U.S. investment banks, may reap cash infusions as part of Treasury Secretary Henry Paulson 's plan to buy stakes in financial institutions, investors said. (Sat, 11 Oct 2008 06:38:19 GMT)
Investment bank Morgan Stanley shares sink on worries about future
Joe Bel Bruno, The Associated Press October 10, 2008 - 6:29 p.m. NEW YORK - Morgan Stanley Inc. shares plunged more than 22 per cent Friday as investors questioned the investment bank's future even with a major investment from Japan's Mitsubishi UFJ Financial Group. (Fri, 10 Oct 2008 22:38:26 GMT)
Investment bank Morgan Stanley shares sink on worries about future
NEW YORK - Morgan Stanley Inc. shares plunged more than 22 per cent Friday as investors questioned the investment bank's future even with a major investment from Japan's Mitsubishi UFJ Financial Group. (Fri, 10 Oct 2008 22:29:00 GMT)
Sector Snap: Investment banks plunge
Shares of investment banks Morgan Stanley and Goldman Sachs dove Friday as concern grew over the stability of both banks' credit ratings and Morgan's deal with Mitsubishi UFJ. (Fri, 10 Oct 2008 19:01:50 GMT)
Leaders: Despite hard times, AMD is wise investment
State leaders, lawmakers and unions agree that despite the growing economic crisis, a $1.2 billion state investment in a micro-chip factory in Saratoga County will provide a much needed stimulus to New York’s economy. (Fri, 10 Oct 2008 16:32:13 GMT)
Investor Initiatives Join Forces to Call for ESG Considerations in Investment Research
By Robert Kropp. UN-backed Principles for Responsible Investment and Enhanced Analytics Initiative have more than $15 trillion in assets and a shared commitment to better research. (Fri, 10 Oct 2008 16:06:14 GMT)
Early Glance: Investment Banks companies
(AP:NEW YORK) Shares of some top investment banks companies are mixed at 10 a.m.: Goldman Sachs fell $7.47 or 7.4 percent, to $93.88. Merrill Lynch rose $1.09 or 8.2 percent, to $14.41. (Fri, 10 Oct 2008 15:29:15 GMT)
Insurer XL Capital says investment losses surged
Insurance company XL Capital Ltd. said Friday its investment portfolio lost $1 billion to $1.2 billion in value in the third quarter amid write-downs and losses on securities sales. (Fri, 10 Oct 2008 14:38:52 GMT)
Olin will take $26.6M 3Q charge on bad investment
Specialty chemicals maker Olin Corp. said Friday that it will take a $26.6 million impairment charge in the third quarter to reflect an investment in corporate debt securities that collapsed during the recent market plummet. (Fri, 10 Oct 2008 12:32:32 GMT)
Apartment Investment Expects To Offer Special Dividend
Apartment Investment Expects To Offer Special Dividend (Fri, 10 Oct 2008 12:24:33 GMT)
Alibaba Group Makes RMB5 Billion Investment in Taobao
Taobao, China's largest consumer ecommerce company, announced that its parent company, Alibaba Group, will invest RMB5 billion (US$732 million) over the next five years to further strengthen the Taobao marketplace. The company said the investment would be used for building a world-leading platform for merchants and providing the best online shopping experience for consumers. Taobao will continue ... (Fri, 10 Oct 2008 11:56:45 GMT)
Three convicted in $33 million investment fraud scheme
A federal jury has convicted three people of charges that they defrauded investors of $33 million in an illegal Ponzi investment scheme. (Fri, 10 Oct 2008 07:07:03 GMT)
Lawyer investigated in investment loss
An Independence lawyer who invested money from a memorial fund for two slain children into his own company is being investigated for possible securities fraud. The probe involves another investment in which Kent Desselle allegedly lost a woman's $400,000 savings and did not tell her for eight years. He was to invest the money in low-risk funds. The allegations are outlined in a ... (Fri, 10 Oct 2008 06:48:21 GMT)
Peruvian president urges more investment to tackle crisis
Peruvian President Alan Garcia said Thursday that the best way for Peru to tackle the world financial crisis is to increase investment and boost employment. He made the remarks during the inauguration ceremony of a factory in the Ate-Vitarte district in the capital. "Our best answer to the international crisis which is shaking rich countries like the United States and Europe is to increase ... (Fri, 10 Oct 2008 06:26:34 GMT)
Philippines July Foreign Direct Investment Net Inflow $147 Million
MANILA -(Dow Jones)- Foreign direct investment in the Philippines showed a $ 147 million net inflow in July due mainly to a major investment in the power sector, the central bank said Friday. (Fri, 10 Oct 2008 06:02:08 GMT)
Foreign Investment in China Rises 39.9% From Year Ago (Update1)
Oct. 10 (Bloomberg) -- Foreign direct investment in China climbed 39.9 percent in the first nine months from a year earlier, as investors tapped into the fastest growth of any major economy. (Fri, 10 Oct 2008 04:47:33 GMT)
Investment Strategist Predicts Better Times Ahead
With most investors feeling a ringing headache of financial uncertainty, Robert Baird chief investment strategist Bruce Bittles made a house call with Green Bay investors. (Fri, 10 Oct 2008 03:09:18 GMT)
Investment advisors: Stay calm
"Panicking is not an effective investment strategy," Dan Miller, an investment advisor for Edward Jones, told 24 Hour News 8. (Fri, 10 Oct 2008 02:19:27 GMT)
Banks ramp up lending from Fed's emergency program; investment firms pull back slightly
WASHINGTON - Banks ramp up lending from Fed's emergency program; investment firms pull back slightly. Comments are subject to the site's terms of use and do not necessarily reflect the opinion or approval of the Star Tribune. (Thu, 09 Oct 2008 20:56:48 GMT)
XL Drops Most Since Going Public on Investment-Loss (Update1)
Oct. 9 (Bloomberg) -- XL Capital Ltd. , the Bermuda-based business insurer, dropped the most since its initial public offering in July 1991 on concern that investment losses will weigh on results. (Thu, 09 Oct 2008 17:42:00 GMT)
(AFX UK Focus) 2008-10-09 17:18 Galp says no problems with investment, financing
LISBON, Oct 9 (Reuters) - Portugal's fuel and oil company Galp Energia has no problems with funding its current activities and investment despite the global credit crunch, Chief Executive Manuel Ferreira de Oliveira said on Thursday. (Thu, 09 Oct 2008 16:46:58 GMT)
Nigeria: Reviewed Regulation On Investment of Pension Funds
In the month of May 2006, the National Pension Commission (PenCom) updated the regulation on investment of pension fund assets to be in tune with the realities of the present time few months after the regulation was rolled out. (Thu, 09 Oct 2008 16:24:12 GMT)
Charlotte Chamber: Number of new firms up, investment down
Mecklenburg County experienced increases in new and expanding businesses and the amount of commercial space to be occupied by local companies in the first nine months of the year. However, the number of new jobs and the amount of business investment fell. (Thu, 09 Oct 2008 16:20:53 GMT)
XL Drops Most Since Initial Offering on Investment-Loss Concern
Oct. 9 (Bloomberg) -- XL Capital Ltd. , the Bermuda-based business insurer, dropped the most since its initial public offering in July 1991 on concern that investment losses will weigh on results. (Thu, 09 Oct 2008 16:06:29 GMT)
Early Glance: Investment Banks companies
(AP:NEW YORK) Shares of some top investment banks companies are mixed at 10 a.m.: Goldman Sachs rose $.70 or .6 percent, to $113.70. Merrill Lynch fell $1.18 or 6.6 percent, to $16.80. (Thu, 09 Oct 2008 14:54:58 GMT)
Bin Hammam laments Asian investment in Premier League
LONDON - Mohamed Bin Hammam, president of the Asian Football Confederation, believes investment in Premier League clubs from his continent is stopping Asia's top clubs developing. (Thu, 09 Oct 2008 13:04:36 GMT)
Think tank: Philippines needs more investment
The Philippines needs to improve its business climate to attract much-needed foreign investment as it competes with more prosperous Asian neighbors amid a global financial crisis, an international think tank said Thursday. (Thu, 09 Oct 2008 12:21:34 GMT)
Innovative investment
Up to £4.5m has been committed to the Strathclyde Innovation Fund for investment in new technologies developed at Strathclyde University. (Thu, 09 Oct 2008 11:10:04 GMT)
Colombia Lifts Capital Controls to Promote Foreign Investment
Oct. 9 (Bloomberg) -- Colombia's government eliminated capital controls on all foreign investment, including purchases of fixed income securities, in a bid to increase access to foreign capital and shore up the peso. (Thu, 09 Oct 2008 11:02:10 GMT)
Investment-bank prospects dim for students
The path to a high-powered career in investment banking suddenly is full of roadblocks for MBA students who have seen Wall Street drastically reshaped while they sit in the classroom. (Thu, 09 Oct 2008 07:58:39 GMT)
BT&D spends £750,000 in first new investment since opening
Book printer Butler Tanner and Dennis (BT&D) has invested in a Kolbus KM 600 binding line, its first investment since the company was bought out of administration. (Thu, 09 Oct 2008 07:42:41 GMT)
Sacramento-area investment clubs hang tough
Local investment clubs are on the same page as Warren Buffett. (Thu, 09 Oct 2008 07:11:14 GMT)
09-10-2008:- Najib: HP’s investment to build campus vote of confidence in Malaysian economy
CYBERJAYA: Deputy Prime Minister Datuk Seri Najib Razak said the investment by Hewlett-Packard (HP) to build a 24-hectare campus in Cyberjaya is a vote of confidence in the Malaysian economy, given the current global uncertainties, particularly in the financial market. (Thu, 09 Oct 2008 06:48:09 GMT)
Investment manager to speak on market outlook
Investment company executive Sam Wardell will give the monthly luncheon address when The Economic Club of Florida meets today. (Thu, 09 Oct 2008 06:09:16 GMT)
Chattanooga: Investment advisers say it’s no time to panic
The value of America’s retirement accounts has dropped by nearly $2 trillion in the past year, but local investment advisors on Wednesday urged those saving for retirement not to give up on the stock market. (Thu, 09 Oct 2008 04:13:16 GMT)
Infrastructure woes hurting Eyre Peninsula investment: MP
The Member for Flinders says Eyre Peninsula is starting to lose investment in industries such as mining, because of a lack of infrastructure. (Thu, 09 Oct 2008 01:00:00 GMT)
CEO of Alberta-owned bank defends bonuses, investment strategy
EDMONTON - The head of Alberta's government-owned bank says it assumed that asset-backed commercial paper was a safe short-term investment. (Wed, 08 Oct 2008 20:49:22 GMT)
EU energy chief urges investment in Russian oil
The European Union's energy chief urged investment in Russia's long-term oil supply, suggesting Wednesday that could help calm markets across Europe. (Wed, 08 Oct 2008 15:10:03 GMT)
Italy's UniCredit to cut 700 jobs in investment sector
Italy's leading bank UniCredit will cut 700 jobs in its investment banking sector next year as part of its plan to cope with the world financial crisis, chairman Alessandro Profumo said on Wednesday. (Wed, 08 Oct 2008 10:47:32 GMT)
Europe's Economy Shrinks as Investment, Spending Fall (Update1)
Oct. 8 (Bloomberg) -- Europe's economy contracted in the second quarter as company investment and consumer spending declined, putting the region on the brink of a recession. (Wed, 08 Oct 2008 10:46:33 GMT)
UniCredit Plans to Cut 700 Investment-Banking Jobs, FAZ Says
Oct. 8 (Bloomberg) -- UniCredit SpA plans to cut 700 jobs at its investment-banking unit next year, Frankfurter Allgemeine Zeitung reported, citing unidentified people in the banking industry. (Wed, 08 Oct 2008 08:45:35 GMT)
Global Banking Corporation in key investment initiative in Thailand
Global Banking Corporation B.S.C. (c) [GBCORP], the Bahrain based investment bank announced that it has signed a Memorandum of Understanding with Asia Development Co. Ltd. [ADCO], Thailand marking GBC... (Wed, 08 Oct 2008 08:45:14 GMT)
Taiwan signs 200-million-dlr investment plans with foreign firms
Taiwan has signed preliminary investment agreements totalling 200 million US dollars with 15 international firms, an official said Wednesday. (Wed, 08 Oct 2008 08:02:00 GMT)
PhillyDeals: PhillyDeals: Area investment banker sees slowdown
How bad has Pennsylvania business slowed? I asked Joseph M. Harenza, who ought to know, since he bosses 30 CPAs, financiers, ex-Wall Streeters, and veterans of the vanished Philadelphia banks at investment bank Griffin Financial Group L.L.C., and doubles as chairman of Stevens & Lee P.C., the Reading corporate law (Wed, 08 Oct 2008 07:39:36 GMT)
Global Banking Corporation in key investment initiative in Thailand
Global Banking Corporation B.S.C. (c) [GBCORP], the Bahrain based investment bank announced that it has signed a Memorandum of Understanding with Asia Development Co. Ltd. [ADCO], Thailand marking GBCORP's premier investment initiative in the Kingdom of Thailand. (Wed, 08 Oct 2008 06:42:39 GMT)
Industry energy efficiency investment analysis
Using industry data drawn from Victorian energy efficiency audit and implementation programs, this report provides a detailed cost benefit analysis of design options for a mandatory investment program (based on energy payback requirements) operated at a multi-jurisdictional level. (Wed, 08 Oct 2008 05:44:59 GMT)
AMD and Advanced Technology Investment Company of Abu Dhabi to Create New Leading-Edge Semiconductor Manufacturing ...
Mubadala increases investment in financially-stronger AMD, which is simultaneously unlocking the value of its manufacturing assets “The Foundry Company” to build new state-of-the-art manufacturing fac (Wed, 08 Oct 2008 04:09:39 GMT)
S.Korea says Oaktree plans $3 bln investment
SEOUL, Oct 8 (Reuters) - South Korea's state-run pension agency said on Wednesday U.S. investment firm Oaktree Capital Management had agreed in principle to invest $3 billion in the country. (Wed, 08 Oct 2008 02:01:06 GMT)
MetLife Profit Falls on Investment Losses; Stock Sale Planned
Oct. 7 (Bloomberg) -- MetLife Inc. , the biggest U.S. life insurer, withdrew its 2008 earnings forecast and said third- quarter operating profit fell to between $600 million and $675 million as investment income declined. The company plans to sell 75 million shares. (Wed, 08 Oct 2008 01:06:29 GMT)
MetLife Profit Falls on Investment Losses; Stock Sale Planned
Oct. 7 (Bloomberg) -- MetLife Inc. , the biggest U.S. life insurer, withdrew its 2008 earnings forecast and said third- quarter operating profit fell to between $600 million and $675 million as investment income declined. The company plans to sell 75 million shares. (Wed, 08 Oct 2008 01:00:38 GMT)
Ex-Artist Says She Dated Vilar to Get Information on Investment
Oct. 7 (Bloomberg) -- When Lisa Mayer, a former artist and art gallery employee, couldn't get money manager Alberto Vilar to return calls or letters about her family's $11 million investment, she tried a new approach: she dated him. (Tue, 07 Oct 2008 22:33:55 GMT)
AMD Advances 8.5% After Investment From Abu Dhabi (Update2)
Oct. 7 (Bloomberg) -- Advanced Micro Devices Inc. , the chipmaker struggling to take on Intel Corp. , rose 8.5 percent after deciding to spin off some plants, part of an investment of up to $8.4 billion from the Abu Dhabi government. (Tue, 07 Oct 2008 20:34:55 GMT)
Investment-management industry expert joins BLG’s Toronto office
Barry Myers, a chartered accountant in both Canada and South Africa, has joined the investment management practice of the securities and capital markets group of Borden Ladner Gervais LLP. (Tue, 07 Oct 2008 16:02:13 GMT)
Brazil Investment Funds Post BRL11.6 Billion Outflows In Sept
SAO PAULO -(Dow Jones)- Brazilian investment funds registered a net outflow among investors in September of 11.6 billion Brazilian reals ($5.32 billion) due to the global credit crisis, the Brazilian Association of Investment Banks, or Anbid, said Tuesday. (Tue, 07 Oct 2008 15:57:56 GMT)
INVESTMENT PROS WHISPER BOTTOM IS NEAR
Yesterday's market gyrations were so severe and unexpected it's actually prompting a degree of optimism among professional money managers. That was the sentiment coming from a large Midtown conference where hundreds of investment professionals... (Tue, 07 Oct 2008 15:21:38 GMT)
AMD Climbs Most in Six Years on Abu Dhabi Investment (Update1)
Oct. 7 (Bloomberg) -- Advanced Micro Devices Inc. , the chipmaker struggling to take on Intel Corp. , rose the most in six years after deciding to spin off some plants, part of an investment of up to $8.4 billion from the Abu Dhabi government. (Tue, 07 Oct 2008 15:05:29 GMT)
AMD to split, gets Abu Dhabi investment
Advanced Micro Devices (AMD), the number two US computer chip maker, announced Tuesday it was splitting into two companies after receiving a huge infusion of capital from two Abu Dhabi investment firms. (Tue, 07 Oct 2008 14:16:00 GMT)
Tampa scrap recycler Global Investment Recovery has new owner
Sims Group Ltd. has acquired Global Investment Recovery Inc. (SMS) (Tue, 07 Oct 2008 13:58:28 GMT)
AMD to Spin Off Plants, Gets $8.4 Billion Investment (Update3)
Oct. 7 (Bloomberg) -- Advanced Micro Devices Inc. , the computer-chip maker struggling to compete with Intel Corp. , plans to spin off its manufacturing plants as part of an $8.4 billion investment from the Abu Dhabi government. (Tue, 07 Oct 2008 13:52:23 GMT)
AMD and Advanced Technology Investment Company of Abu Dhabi to create new leading-edge semiconductor manufacturing ...
AMD and the Advanced Technology Investment Company (ATIC) of Abu Dhabi today announced the creation of a U.S.-headquartered, leading-edge semiconductor manufacturing company to address growing demand for independent, leading-edge foundry production capabilities. (Tue, 07 Oct 2008 12:57:19 GMT)
Lessons From a Failed Investment
An investment I had total confidence in went wrong; here's why. (Tue, 07 Oct 2008 11:24:38 GMT)
Two-level $4 million investment for KC region
A local medical device startup has lined up $4 million in investment backing, marking progress both for the company and the region. (Tue, 07 Oct 2008 05:12:38 GMT)
Kazakh ENRC to double investment to $6.9bln -report
ALMATY, Oct 7 (Reuters) - Kazakh miner Eurasian Natural Resources Corp plans to nearly double investment in new projects to $6.9 billion, a senior manager was quoted as saying on Tuesday. (Tue, 07 Oct 2008 05:03:50 GMT)
AMD to Spin Off Plants, Lands $8.4 Billion Abu Dhabi Investment
Oct. 7 (Bloomberg) -- Advanced Micro Devices Inc. , the computer-chip maker struggling to compete with Intel Corp. , plans to spin off its manufacturing plants as part of an $8.4 billion investment from the Abu Dhabi government. (Tue, 07 Oct 2008 04:37:28 GMT)
Investment outflow surges close to $10b in Korea
Foreign direct investment in South Korea recorded the largest-ever net outflow in the first eight months of the year, as more foreign investors and Korean entrepreneurs leave the nation in search for more business-friendly markets, the central bank's data showed yesterday. (Tue, 07 Oct 2008 02:59:17 GMT)
Hartford climbs on $2.5B Allianz investment
Shares of Hartford Financial Services Group Inc. climbed Monday after the insurer strengthened its capital position with a $2.5 billion investment from German financial services firm Allianz SE. (Tue, 07 Oct 2008 00:19:34 GMT)
Meltdown trips up aspiring investment bankers
The path to a high-powered career in investment banking suddenly is full of roadblocks for MBA students who have seen Wall Street drastically reshaped while they sit in the classroom. (Mon, 06 Oct 2008 17:58:17 GMT)
Acting Under Secretary for Domestic Finance Anthony Ryan Remarks at the Investment Company Institute’s Equity, Fixed ...
Good afternoon. I appreciate the opportunity to be with you today. At the Treasury Department we appreciate the efforts that the Investment Company Institute has taken recently and encourage this important work to continue. (Mon, 06 Oct 2008 17:23:05 GMT)
Qatar's Diar eyes Europe investment after crunch
DUBAI, Oct 6 (Reuters) - A unit of Qatar Investment Authority said on Monday it was looking into investing in Europe, including buying London office blocks worth up to 500 million pounds ($878.4 million), as prices were expected to fall. (Mon, 06 Oct 2008 16:03:47 GMT)
Allianz Investment May Fortell Hartford Acquisition-Analyst
Allianz Investment May Fortell Hartford Acquisition-Analyst (Mon, 06 Oct 2008 15:04:31 GMT)
Hartford Surges After $2.5 Billion Investment From Allianz
Oct. 6 (Bloomberg) -- Hartford Financial Services Group Inc. , the Connecticut insurer facing possible credit downgrades, rose the most in eight years after saying Allianz SE will make a $2.5 billion capital investment. (Mon, 06 Oct 2008 14:53:35 GMT)
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