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Investment News Aug 2006

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Shanbhag answers questions on NRI investment
A N Shanbhag, the highly respected investment guru, and his son Sandeep Shanbhag, answers your questions on NRI investment. (Wed, 30 Aug 2006 13:41:05 GMT)

BullMarket.com Announces Investment Opinion on Digital Media Distribution Companies
PRINCETON, N.J.----Aug. 30, 2006--BullMarket.com , an online investment newsletter focused on long-term growth and income-generating stocks, announced today that it has provided subscribers with a detailed report on companies involved in digital media distribution, including Liberty Media , Intel , Microsoft , Cisco Systems , Motorola and others. (Wed, 30 Aug 2006 13:48:00 GMT)

Principal Real Estate Investors Launches Hotel Investment Capability
DES MOINES, Iowa----Aug. 30, 2006--Principal Real Estate Investors, the real estate investment arm of Principal Global Investors, is launching a new hotel investment capability, further enhancing its already strong investment platform in the traditional sectors of retail, office, multifamily and industrial. (Wed, 30 Aug 2006 14:41:00 GMT)

South Africa: PSG Konsult Buys Investment Firm
FINANCIAL planner-stockbroker PSG Konsult has made another acquisition as it grows its foothold in the financial planning and investment industry. (Wed, 30 Aug 2006 14:51:17 GMT)

AVGO, MVIS and MRT Update the Investment Community in All-New Interviews With WallSt.net
On August 24, Dr. Belinda Tsao Nivaggioli, CEO of Avicena Group, Inc. (BULLETIN BOARD: AVGO) updated the investment community in an all-new interview with http://www.wallst.net/ . Interview highlights include detailed discussions on the following topics: (Wed, 30 Aug 2006 14:55:12 GMT)

DSL.net Receives Strategic Investment from MegaPath
Wallingford, Conn. - DSL.net, Inc., a nationwide provider of broadband communications services for businesses, has announced that MegaPath Inc., a privately held company and nationwide provider of Virtual Private Network solutions and other managed IP services for businesses, has made a strategic investment in the company. (Wed, 30 Aug 2006 15:55:38 GMT)

Hercules Announces Expansion of its Investment Team with the Appointments of Three New Associates, Bill Allen, Steve
PALO ALTO, Calif.----Aug. 30, 2006--Hercules Technology Growth Capital, Inc. , a leading specialty finance company providing venture capital and private equity backed technology and life science companies with debt and equity growth capital, today announced the expansion of its investment team with the appointments of Bill Allen as an associate in its Boston office, and Steve Kuo and Willy (Wed, 30 Aug 2006 16:00:00 GMT)

EverBank Launches Gold Investment Website and a Summer Sweepstakes
This week EverBank® launches a gold investment website where customers can learn about the benefits of investing in gold and silver through EverBank's Metals Select, while enrolling in a sweepstakes to win an Australian Kangaroo gold coin with an estimated value of more than $640*. (Wed, 30 Aug 2006 16:19:00 GMT)

Prime Minister Harper Announces Upgrade of the RCMP Training Academy and Major Investment in RCMP Training and
Prime Minister Stephen Harper today announced that the Government of Canada will upgrade the RCMP Training Academy (Depot Division) in Regina and hire 1,000 new RCMP personnel, an investment of nearly $200 million over the next two years. (Wed, 30 Aug 2006 16:59:13 GMT)

China, India mull Investment Protection pact
NEW DELHI: As bilateral trade between India and China continues to witness a substantial increase, the two countries have begun negotiations on an investment protection agreement and are working on firming up a regional trade arrangement on the pattern of Free Trade Area (FTA). (Wed, 30 Aug 2006 17:30:47 GMT)

India, China begin negotiations on investment protection agreement
India - China - Investments As bilateral trade between India and China continues to witness a substantial increase, the two countries have begun negotiations on an investment protection agreement and are working on firming up a regional trade arrangement on the pattern of Free Trade Area (FTA). (Wed, 30 Aug 2006 17:31:44 GMT)

(OTC: ECFL) Receives $6 Price Target From Investment Strategies
eCarfly, Inc. (PINKSHEETS: ECFL) recentlyannounced the company has received an analyst report and Price Target of $6from Investment Strategies. 'Currently we are working on formingpartnerships and business deals with some very large companies that willhelp us generate revenues needed to justify our $6.00 price target. Ipersonally think it won't be too long before we're there,' stated (Wed, 30 Aug 2006 17:39:10 GMT)

New health-care investment banking chief at SunTrust
SunTrust Robinson Humphrey Capital Market’s Nashville office has hired Duncan Dashiff as a managing director and head of health-care investment banking. (Wed, 30 Aug 2006 17:41:32 GMT)

Wiscasset Board Reviews Capital Investment Plan
A draft of a capital investment plan for the next few years received some review from Wiscasset selectmen Tuesday night in preparation for the final draft inclusion in the comprehensive plan to be voted on Nov. 7. (Wed, 30 Aug 2006 17:48:54 GMT)

BHEL plans Rs. 1,600 cr. investment
NEW DELHI: Bharat Heavy Electricals Limited is planning to make a major investment of Rs. 1,600 crore in a bid to meet the country's power capacity addition targets by 2012. Describing it as "holistic modernisation'' and capacity expansion of ... (Wed, 30 Aug 2006 20:36:43 GMT)

Australian Dollar May Gain on Speculation of `Investment Boom'
Aug. 31 (Bloomberg) -- The Australian dollar may advance on speculation a government report today will show business investment increased for a fifth straight quarter, bolstering the outlook for the world's 15th largest economy. (Wed, 30 Aug 2006 22:42:34 GMT)

Australian Dollar May Gain on Speculation of `Investment Boom'
Aug. 31 (Bloomberg) -- The Australian dollar may advance on speculation a government report today will show business investment increased for a fifth quarter, bolstering the outlook for the world's 15th largest economy. (Thu, 31 Aug 2006 01:42:44 GMT)

Australia's Business Investment Rises 1.1% on Mines (Update1)
Aug. 31 (Bloomberg) -- Australian business investment rose in the second quarter as energy and mining companies expanded, signaling growth may pick up in the Asia-Pacific region's fifth- largest economy. (Thu, 31 Aug 2006 01:57:34 GMT)

Denso North America investment up
DETROIT -- Denso Corp., a Japanese automotive parts supplier, is stepping up investment in its North American operations at a time when many of its competitors in the U.S. market are struggling. (Thu, 31 Aug 2006 06:06:36 GMT)

Australia's Business Investment Rises 1.1% on Mines (Update3)
Aug. 31 (Bloomberg) -- Australian business investment rose in the second quarter and lending to companies grew at record pace in July as miners and energy producers expanded, signaling growth may pick up in the Asia-Pacific region's fifth-largest economy. (Thu, 31 Aug 2006 06:57:44 GMT)

Hungarian investment volume falls 3.6% y/y in Q2 on falling home androad building
BUDAPEST. AUGUST 31. INTERFAX CENTRAL EUROPE - Investment volume in the Hungarian economy declined by 3.6% year-on-year (y/y) in the second quarter of 2006, due in large part to a drop in the volume of residential construction and road building, according to figures released by the Central Statistical Office (KSH) on Thursday. (Thu, 31 Aug 2006 09:20:59 GMT)

Trust investment bank planning to open subsidiary in London
MOSCOW. Aug 31 (Interfax) - Trust (RTS: HBTT) investment bank is planning to open a subsidiary company in London with an investment license, Sergei Belyaev, the bank's CEO, said at a Thursday press conference in Moscow. (Thu, 31 Aug 2006 10:04:19 GMT)

Kommersant purchase is Usmanov's private investment - Gazprom
MOSCOW. Aug 31 (Interfax) - The purchase of Kommersant publishing house is a private investment by Gazprominvestholding General Director and Metalloinvest owner Alisher Usmanov, Gazprom spokesman Sergei Kupriyanov told Interfax. (Thu, 31 Aug 2006 10:18:27 GMT)

Deutsche Bank CEO Says Investment Banks' Outlook Good (Update2)
Aug. 31 (Bloomberg) -- Deutsche Bank AG Chief Executive Officer Josef Ackermann today said the outlook for investment banking is ``more favorable than has been presented in the media in the past weeks.'' (Thu, 31 Aug 2006 11:03:22 GMT)

Three quarters of first-time buyers happy with investment
Three quarters of first-time buyers think property in Ireland is a good investment, according to research carried out for the EBS building society. Two thirds of first-time buyers questioned for the survey said they shopped around for their mortgage and almost all of these say it was worth it. (Thu, 31 Aug 2006 12:17:30 GMT)

Software provides investment research and data.
Consisting of web-based global research platform, Morningstar Direct connects institutional investment professionals directly to Morningstar's investment research and data. In addition to global stock ownership database and European mutual fund database, program provides access to analyst reports and statistics on more than 7,000 US stocks and American Depository Receipts. It also offers equity (Thu, 31 Aug 2006 13:02:05 GMT)

Three quarters of first-time buyers happy with investment
Three quarters of first-time buyers think property in Ireland is a good investment, according to research carried out for the EBS building society. Two thirds of first-time buyers questioned for the survey said they shopped around for their mortgage and almost all of these say it was worth it. (Thu, 31 Aug 2006 13:17:17 GMT)

Nordic telecom group TeliaSonera targeted by investment funds
Swedish-Finnish telecom operator TeliaSonera, the largest in the Nordic countries, is the target of investment funds attracted by the company's strong balance sheet and low valuation. (Thu, 31 Aug 2006 14:14:43 GMT)

Nordic telecom group TeliaSonera targeted by investment funds
TeliaSonera chief executive Anders Igel presents the Swedish-Finnish telecom operator's third-quarter results in October 2005. The Dagens Industri newspaper has revealed that TeliaSonera is the target of investment funds attracted by the company's strong balance sheet and low valuation. (Thu, 31 Aug 2006 14:58:40 GMT)

BZTG, HLT and WAVX Update the Investment Community in All New Interviews With WallSt.net
On August 29, Sutida Suwannavid, CEO of Buzz Technologies, Inc. (Pink Sheets: BZTG) updated the investment community in an all-new interview with http://www.wallst.net/ . Interview highlights include detailed discussions on the following topics: (Thu, 31 Aug 2006 15:09:19 GMT)

Foreign investment in Armenia grows 28% in H1
YEREVAN. Aug 31 (Interfax) - Foreign investment in Armenia grew 27.9% year-on-year in the first half of 2006 to $178.5 million, the National Statistics Service told Interfax. Foreign direct investment (FDI) grew 9.2% to $86.3 million. (Thu, 31 Aug 2006 15:19:18 GMT)

BZTG, HLT and WAVX Update the Investment Community in All New Interviews With WallSt.net
On August 29, Sutida Suwannavid, CEO of Buzz Technologies, Inc. (Pink Sheets: BZTG) updated the investment community in an all-new interview with http://www.wallst.net/ . Interview highlights include detailed discussions on the following topics: (Thu, 31 Aug 2006 15:25:32 GMT)

New Report Assesses Foreign Direct Investment in 82 Countries to 2010
The volume (304 pages) is dedicated to the assessment of foreign direct investment (FDI) flows during 2005-2010. It also examines various factors that suggest a new boom in FDI flows, as well as a number of factors that suggest that a backlash against FDI may be in the making. (Thu, 31 Aug 2006 15:35:38 GMT)

Property investment deals worth over S$19b recorded so far this year
SINGAPORE : Singapore's property market is continuing to see strong investment sales. Property consultants CB Richard Ellis said the Singapore property market saw more than S$19 billion worth of investment deals so far this year, outstripping the S$13.5 billion for the whole of 2005. (Thu, 31 Aug 2006 15:52:29 GMT)

Retirement Residences Real Estate Investment Trust Provides Update on Unitholder Rights Plan
Retirement Residences Real Estate Investment Trust ('Retirement REIT')(TSX: RRR.UN)(TSX: RRR.DB.B)(TSX: RRR.DB.C) announced the Toronto Stock Exchange (the 'TSX') has determined to defer consideration of the acceptance for filing of the Unitholder Rights Plan until such time as the TSX is satisfied the Ontario Securities Commission will not intervene in any take-over bid for Retirement REIT. The (Thu, 31 Aug 2006 16:10:53 GMT)

Sunburst leaders form new real estate investment fund
Investors and executives of Sunburst Hospitality have formed a real estate investment fund with $1 billion in buying capacity. (Thu, 31 Aug 2006 16:18:24 GMT)

ICOP to Present at Arch Investment Conference
ICOP Digital, Inc. (Nasdaq: ICOP; NYSE Arca: ICOP), an industry-leading company engaged in advancing digital surveillance solutions, today announced that the Company's Chairman and Chief Executive Officer, Dave Owen, will be a featured presenter at the upcoming 2006 Arch Investment Conference to be held in New York City. (Thu, 31 Aug 2006 16:54:19 GMT)

CLX Investment Company Announces Distribution Agreement for Portfolio Investment Zonda, Inc. HandiLab Test in Poland
CLX Investment Company, Inc. (OTCBB: CLXN), adiversified investment fund with holdings in e-learning, global advertisingand diagnostic testing markets, today announced that portfolio investmentZonda Incorporated has signed an agreement with a distributor in Poland whowill represent the HandiLab-C test for chlamydia. (Thu, 31 Aug 2006 16:57:10 GMT)

CLX Investment Company Announces Distribution Agreement for Portfolio Investment Zonda, Inc. HandiLab Test in Poland
CLX Investment Company, Inc. (OTCBB: CLXN), adiversified investment fund with holdings in e-learning, global advertisingand diagnostic testing markets, today announced that portfolio investmentZonda Incorporated has signed an agreement with a distributor in Poland whowill represent the HandiLab-C test for chlamydia. (Thu, 31 Aug 2006 17:38:22 GMT)

Pakistan provides ideal investment environment: Musharraf
ISLAMABAD, Aug 31 (APP): President General Pervez Musharraf on Thursday said Pakistan provided an ideal environment for investment and reiterated that it would be sustained to alleviate poverty through greater economic activity. (Thu, 31 Aug 2006 18:40:32 GMT)

Sonic Foundry Executive to Present at Roth Investment Conference
Sonic Foundry(R) Inc. , a leader in automated rich media communications technology, today announced that chairman and CEO Rimas Buinevicius will be a featured presenter at the upcoming New York Roth Investment Conference next week at the Westin New York at Times Square. (Thu, 31 Aug 2006 20:38:50 GMT)

Wizards sold to Kansas City investment group
The Kansas City Wizards of Major League Soccer were sold to a six-person investment group led by Cerner Corp. executives Neal Patterson and Cliff Illig. (Thu, 31 Aug 2006 21:08:53 GMT)

Upstream Biosciences Inc. Engages Atlas Capital Services, LLC as Investment Banker
Upstream Biosciences Inc. (OTCBB: UPBS)('Upstream' or 'the Company'), an emerging leader in the field of geneticdiagnostics for cancer and the prediction of drug response, announced todaythe signing of a letter of engagement with Atlas Capital Services, LLC ofNew York ('Atlas') to act as its investment banker. Atlas is a registeredbroker dealer and member of the NASD and Upstream will use their (Thu, 31 Aug 2006 21:10:42 GMT)

Infrastructure to gain as India eases foreign investment curbs on property
India's Congress-led government has relaxed a rule on foreign direct investment in several property sectors in a decision that could lead to a rapid acceleration of construction in commercial and residential infrastructure. (Thu, 31 Aug 2006 21:16:01 GMT)

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