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MUME, MTN and GLYT Update the Investment Community in All-New Interviews With WallSt.net
NEW YORK, Feb. 7 /PRNewswire/ -- On February 6, Ken Eade, CEO of Muller Media, Inc. (Pink Sheets: MUME) updated the investment community in an all-new interview with http://www.wallst.net/ . (Wed, 07 Feb 2007 12:16:47 GMT)
UK's 3i eyes investment in India's BPO sector
MUMBAI, Feb 7 (Reuters) - British investment fund 3i Group Plc is looking at investing in the business process outsourcing (BPO) sector in India for the first time, a senior official said on Wednesday. (Wed, 07 Feb 2007 12:51:30 GMT)
Pakistan foreign investment seen near $6 billion
KARACHI, Feb 7 (Reuters) - Foreign investment in Pakistan is likely to jump more than 50 percent to nearly $6 billion this year, lured by sweeping reforms that have helped turn the economy around, a senior government adviser said on Wednesday. (Wed, 07 Feb 2007 12:57:37 GMT)
WTK names Public Investment in plywood buy
Timber firm WTK Holdings Bhd has appointed Public Investment Bank Bhd as its adviser in a RM150 million plan to buy a plywood firm, WTK said on Feb 7. (Wed, 07 Feb 2007 13:38:29 GMT)
Magnet invests ¤25m investment
Broadband and cable TV provider Magnet Networks has announced a ¤25m investment to develop its infrastructure and boost market share. Magnet Networks says this will build on the ¤45m it has previously invested in creating its network. (Wed, 07 Feb 2007 14:24:43 GMT)
MGIC investment to buy rival Radian for $4.6bn
NEW YORK, February 7 (newratings.com) – Mortgage insurance provider MGIC Investment Corp ( MTG.NYS ) Tuesday announced that it has agreed to buy rival Radian Corp in a $4.6 billion all stock deal. The deal, subject to regulatory and shareholder approvals, is expected to close in the fourth quarter. (Wed, 07 Feb 2007 14:31:28 GMT)
MGIC Investment to buy rival Radian for $4.9B in stock
Mortgage insurance provider MGIC Investment Corp. said Tuesday it will buy rival Radian Group Inc. for $4.9 billion in stock, forming a mortgage and credit risk insurance company with total assets of nearly $15 billion. (Wed, 07 Feb 2007 14:45:25 GMT)
Capvest Income Corp. proposes change to investment objectives
Capvest Income Corp. today proposed a change to the company’s investment objectives and a consolidation of its common shares. (Wed, 07 Feb 2007 15:17:04 GMT)
Campbell Soup seeks public subsidies as part of Camden investment
Campbell Soup Co. plans to build a complex of new offices here, including a new headquarters for the company, in what would be one of the best examples of the private investment the nation's poorest city is trying to attract -- and which would require $26 million in public subsidies. Company officers, Gov. Corzine and Camden leaders scheduled a news conference for this morning to announce details ... (Wed, 07 Feb 2007 15:17:31 GMT)
Zolo Technologies Announces $12.5 Million in Series D Round Co-Led by Siemens Venture Capital and El Dorado Investment ...
Zolo Technologies, Inc. today announced the completion of a $12.5 million series D round of equity financing co-led by strategic investors Siemens Venture Capital and El Dorado Investment Company (the venture arm of PinnacleWest Capital Corporation, owner of Arizona Public Service). Existing investors, Canaan Partners, Crescendo Ventures, and Morgenthaler, among others, also participated in the ... (Wed, 07 Feb 2007 16:10:56 GMT)
Indian president suggests single window clearance for foreign investment
India - Foreign Investment - Prez To further accelerate India's economic growth, President A P J Abdul Kalam, Wednesday mooted setting up of a single window clearance mechanism for foreign investment in the country. (Wed, 07 Feb 2007 16:20:07 GMT)
Nigeria: Foreign Direct Investment, a Trap - Don
CONTRARY to popular view that foreign direct investment (FDI) will boost the economy, a United States based don, Prof Ehiedu Iweriebor, has warned that rehance on FDI would spell doom for the nation's economy. (Wed, 07 Feb 2007 16:30:02 GMT)
Waynesville bootmaker to be acquired by investment firms
WAYNESVILLE - Wellco Enterprises, the longtime military bootmaker, announced an agreement to be acquired by investment firms in San Francisco and Boston. (Wed, 07 Feb 2007 16:33:01 GMT)
ORGT: Enters MOU w/Keren Katzir for $3M Investment
OrganiTech USA Inc., (ORGT) announced that it entered into an MOU with Keren Katzir Debenture for Investment Ltd., an Israeli investment company ("Katzir") for the investment of $3 million in the Company. (Wed, 07 Feb 2007 16:38:06 GMT)
Multi-Channel Retailing: Parallel Investment Partners Sponsors Recapitalization Of Moosejaw Mountaineering And ...
Parallel Investment Partners (Parallel), a leading private equity firm investing in privately held, lower middle market growth companies, has completed the recapitalization of Moosejaw Mountaineering and Backcountry Travel, Inc. (Wed, 07 Feb 2007 17:20:44 GMT)
CAPVEST Income Corp. (TSX-V: CVS) Announces Proposed Change to Investment Objectives and Share Consolidation
CAPVEST Income Corp. (the 'Company') (TSX VENTURE: CVS) announces that it is proposing a change to the Company's investment objectives and a consolidation of its common shares. (Wed, 07 Feb 2007 18:11:51 GMT)
NEW: Real estate investment trust paid close to $30M for local retail center
A Denver-based real estate investment trust has paid almost $30 million for a retail center at 5601Bandera Road. (Wed, 07 Feb 2007 19:05:00 GMT)
Venezuela '06 Foreign Oil Investment Plunges; Exploration Up
Foreign oil investment in Venezuela fell 55% in 2006 compared with the year-ago period, indicating that firms halted spending amid contract uncertainty. (Wed, 07 Feb 2007 19:51:09 GMT)
Capvest Income Corp. proposes change to investment objectives
Capvest Income Corp. today proposed a change to the company’s investment objectives and a consolidation of its common shares. (Wed, 07 Feb 2007 20:17:11 GMT)
Fortress Investment IPO likely big enough to join S&P 500
NEW YORK (MarketWatch) -- With a market capitalization likely to reach $7 billion or more in its closely watched initial public offering on Friday, Fortress Investment Group could easily meet the size requirements of the storied S&P 500 Index. (Wed, 07 Feb 2007 20:54:06 GMT)
Tougher foreign investment rules raise concerns
WASHINGTON (MarketWatch) -- A year after a Dubai company's failed bid to buy the company that operates American ports, Congress has taken a tougher line on foreign acquisitions of U.S. infrastructure -- and U.S. businesses worry this legislation might discourage foreign investment. (Wed, 07 Feb 2007 23:24:06 GMT)
Goldman Sachs offers to buy 39.29% of Shuanghui Investment
SHANGHAI (MarketWatch) -- Goldman Sachs Group Inc.'s (GS) Asian unit has offered to buy 39.29% of Henan Shuanghui Investment & Development Co. (000895.SZ) for CNY3.63 billion, Shuanghui said Thursday. (Thu, 08 Feb 2007 04:07:21 GMT)
Investment banks flock to back stock exchange rival
Leading investment banks are considering joining Project Turquoise, the trading platform being created by City firms to rival the London Stock Exchange. (Thu, 08 Feb 2007 09:58:27 GMT)
Injaz Mena makes USD250 million dollar investment in Pakistan
Injaz Mena Investment Company PSC has joined with UK-based Global Haly Investment Limited to develop a landmark USD250-plus million shopping mall and office complex in Defence, a prime area of Karachi, Pakistan's largest city. (Thu, 08 Feb 2007 10:23:48 GMT)
OCBC's 1st Shariah equity-linked investment product
OCBC Bank (Malaysia) Bhd launched its first Syariah-compliant equity-linked structured investment product on Feb 8 in a move to enhance its Islamic banking business and generate best returns for customers. (Thu, 08 Feb 2007 10:38:24 GMT)
Foreign portfolio investment in Philippines rises
MANILA, Feb 8 (Reuters) - Foreign portfolio investment in the Philippines in January reversed last year's outflow to record a net inflow of $252.52 million, lifted by higher placements in the domestic debt and the stock markets. (Thu, 08 Feb 2007 11:45:57 GMT)
Tribune Net Rises on Investment Gain; Revenue Rises (Update1)
Feb. 8 (Bloomberg) -- Tribune Co., publisher of the Los Angeles Times and owner of the Chicago cubs, said fourth-quarter profit rose 78 percent on gains from asset sales and an investment in Time Warner Inc. Revenue rose 5.4 percent. (Thu, 08 Feb 2007 11:51:05 GMT)
Merrill Lynch opens office in Turkey, expands investment-banking team
LONDON (MarketWatch) -- Merrill Lynch (MER) said Thursday that it had opened an office in Istanbul and that it had expanded its investment banking team focused on the country. (Thu, 08 Feb 2007 12:07:42 GMT)
RMP3 creates investment heroes
RPM3 has created a new brand identity for Scottish based investment company Resolution Asset Management. The campaign, which will run online and in the investment press, depicts each boutique branch as a superhero. (Thu, 08 Feb 2007 12:08:45 GMT)
Investment Banks and Hedge Funds: A Toxic Mix
Michael Panzner submits: In "The Great Unwind Is Coming, Warn Dresdner Pair," the Financial Times' "Alphaville" blog makes note of a new report from Dresdner Kleinwort Wasserstein that highlights the risks investment banks will likely face in future because of their sizeable exposure to and dependence on the hedge fund industry. (Thu, 08 Feb 2007 13:33:24 GMT)
SunTrust Investment Services to offer Wells REIT II
SunTrust Investment Services signed an agreement to include Wells Real Estate Funds' Real Estate Investment Trust II in its investment offerings. (Thu, 08 Feb 2007 14:11:01 GMT)
SunTrust Investment Services to offer Wells REIT II
SunTrust Investment Services signed an agreement to include Wells Real Estate Funds' Real Estate Investment Trust II in its investment offerings. (Thu, 08 Feb 2007 14:42:35 GMT)
American Investment Posts Higher 4Q FFO
Apartment Investment and Management Co. said Thursday fourth-quarter funds from operations surged as the real estate investment trust booked higher gains from property sales. (Thu, 08 Feb 2007 14:49:32 GMT)
European Investment Bank criticises aggressive Chinese lending in Africa
European Investment Bank president Philippe Maystadt has renewed warnings about aggressive Chinese lending in Africa, which he said could drive up debt levels dangerously. (Thu, 08 Feb 2007 14:50:55 GMT)
European Investment Bank criticises aggressive Chinese lending in Africa
European Investment Bank president Philippe Maystadt gives a press conference in Brussels. Maystadt has renewed warnings about aggressive Chinese lending in Africa, which he said could drive up debt levels dangerously. (Thu, 08 Feb 2007 15:30:25 GMT)
Fortress Investment Meets Crazy Eddie
Greg Newton submits: The demand is insane! To the amazement of absolutely nobody I can think of, Friday mornings scheduled IPO of Fortress Investment Group the $30 billion more-or-less in assets private equity and hedge fund group should provide lots of financial entertainment. (Thu, 08 Feb 2007 16:12:49 GMT)
Botswana: Foreign Investment Drop Worrisome - Ebrahim
Botswana Confederation of Commerce Industry and Manpower (BOCCIM) president Iqbal Ebrahim is disappointed that Botswana has dropped four points in competitiveness for attracting Foreign Direct Investment (FDI). (Thu, 08 Feb 2007 20:41:32 GMT)
U.S. Investment in Venezuela Down in '06
U.S. investment in Venezuela likely plummeted last year because of mistrust in changes being imposed on the economy by President Hugo Chavez's leftist government, the head of a local business chamber said in remarks published Thursday. (Thu, 08 Feb 2007 20:43:55 GMT)
U.S. investment in Venezuela down in '06
Edmond Saade, president of the Venezuelan American Chamber of Commerce and Industry, was quoted by the El Universal newspaper as saying that annual U.S. investment in Venezuela has ranged between US$600 million (euro462 million at current exchange rates) to US$1 billion (euro777 million) in recent years. (Thu, 08 Feb 2007 20:53:15 GMT)
Fortress Investment Raises $634.3 Million in Initial Share Sale
Feb. 8 (Bloomberg) -- Fortress Investment Group LLC raised $634.3 million in the first initial offering by a manager of U.S. hedge funds and buyout funds. (Fri, 09 Feb 2007 00:19:18 GMT)
Foreign Direct Investment Spurs Emerging Economies
The article – "Does Foreign Direct Investment Help Emerging Economies?" – economist Anil Kumar examined the effects of FDI on the stability, trade, savings, investment and growth of emerging economies, such as China and India. (Fri, 09 Feb 2007 05:55:01 GMT)
Conchango appoints Altium Capital to gain investment in 2007
Conchango’s aim is to accelerate growth through acquisitions and additional investment. (Fri, 09 Feb 2007 08:13:41 GMT)
Subscribe to AmanahRaya REIT, says OSK Investment Research
Investors should subscribe to the first government-linked company’s real estate investment trust (REIT), AmanahRaya REIT as it offers good diversification in locations and types of properties, OSK Investment Research said. (Fri, 09 Feb 2007 09:08:08 GMT)
BCS reports investment bank deal; Abbey contract extension
Business Control Solutions ('BCS'), the business control solutions provider, announces that it has won a material contract with a large Investment Bank. (Fri, 09 Feb 2007 10:45:01 GMT)
India for early trade and investment pact with EU: Kamal Nath
New Delhi, Feb 9 (ANI): Commerce and Industry Minister Kamal Nath today said that India would like to see the early commencement of negotiations for an Agreement on Trade and Investment between India and the European Union (EU), which could open vast opportunities for business on both sides, including with Greece. "India sought Greece's support in the Council of the European Commission for ... (Fri, 09 Feb 2007 11:01:03 GMT)
Hong Kong migrant makes fortune on investment for gaining residency
Hong Kong, Feb 9 (DPA) A migrant who gained Hong Kong residency by investing money has turned a 830,000-dollar investment into $5.6 million in one year, a news report said Friday. (Fri, 09 Feb 2007 11:02:57 GMT)
India for early trade and investment pact with EU: Kamal Nath
New Delhi, Feb 9: Commerce and Industry Minister Kamal Nath today said that India would like to see the early commencement of negotiations for an Agreement on Trade and Investment between India and the European Union (EU), which could open vast opportunities for business on both sides, including with Greece. (Fri, 09 Feb 2007 11:21:23 GMT)
MGIC Investment upgraded to "neutral weight"
NEW YORK, February 9 (newratings.com) - In a research note published yesterday, analysts at Prudential Financial upgrade MGIC Investment Corp ( MTG.NYS ) from "underweight" to "neutral weight." The target price has been raised from $65 to $70. (Fri, 09 Feb 2007 11:46:58 GMT)
Ethical fund tops UK investment charts
An ethical investment fund has topped the performance charts for the first time, figures showed today. (Fri, 09 Feb 2007 12:35:46 GMT)
Fortress Investment raises $634 mln
Fortress Investment Group LLC on Thursday raised $634 million with an initial public offering, the first such move by a diversified U.S. private equity and hedge fund. (Fri, 09 Feb 2007 13:04:04 GMT)
Ethical fund tops UK investment charts
An ethical investment fund has topped the performance charts for the first time, figures showed today. (Fri, 09 Feb 2007 13:39:49 GMT)
South Africa: Incentive Mooted to Spur Mining Investment
The national treasury was considering an incentive to encourage investment in mining exploration in SA, which was lagging the rest of the world, Chamber of Mines chief economist Roger Baxter has told Parliament. (Fri, 09 Feb 2007 13:56:21 GMT)
Return On Investment For Pediatric Exclusivity Program Varies Widely For Pharmaceutical Companies
The economic return for a program designed to encourage drug manufacturers to conduct more pediatric clinical trials by granting extensions of patent protection or marketing exclusivity generates lucrative returns for blockbuster products and produces more modest returns on investment for many others, according to a study in the February 7 issue of JAMA.In 1997, Congress authorized the U.S. ... (Fri, 09 Feb 2007 15:04:08 GMT)
Zimbabwe: National Investment Trust to Launch Housing Scheme
THE National Investment Trust is set to establish a Real Estate Fund to alleviate the shortage of accommodation in the country, an official has said. (Fri, 09 Feb 2007 15:10:42 GMT)
Fortress Investment's Shares Almost Double After Public Sale
Feb. 9 (Bloomberg) -- Shares of Fortress Investment Group LLC almost doubled as investors clamored for a piece of the first initial public offering by a U.S. manager of private- equity and hedge funds. (Fri, 09 Feb 2007 15:49:28 GMT)
Fortress Investment's Shares Almost Double After Public Sale
Feb. 9 (Bloomberg) -- Shares of Fortress Investment Group LLC almost doubled as investors clamored for a piece of the first initial public offering by a U.S. manager of private- equity and hedge funds. (Fri, 09 Feb 2007 15:51:05 GMT)
Fund investment in arms firms reviewed
The Government's $11.9 billion New Zealand Superannuation Fund investment of taxpayers' money in companies making nuclear weapons technology and military hardware is being reviewed. (Fri, 09 Feb 2007 16:13:27 GMT)
Fortress Investment soars in a first for U.S. hedge-fund firms
SAN FRANCISCO (MarketWatch) -- Fortress Investment Group shares soared more than 70% on Friday as the company became the first hedge fund and private equity group to go public in the U.S. (Fri, 09 Feb 2007 16:54:36 GMT)
Fortress Investment's Shares Almost Double After IPO (Update1)
Feb. 9 (Bloomberg) -- Shares of Fortress Investment Group LLC, the first U.S. manager of private-equity and hedge funds to go public, almost doubled in their initial day of trading. (Fri, 09 Feb 2007 17:04:28 GMT)
Payless ShoeSource To Make Major Investment in Its Supply Chain Efficiency; Will Shift To Dual-Distribution Center Model
TOPEKA, Kan., Feb. 9 /PRNewswire-FirstCall/ -- Payless ShoeSource, ( Nachrichten ) Inc. announced today that its Board of Directors has approved management's recommendation for a major investment in the company's supply chain that is designed to enhance logistical efficiency and speed-to-market for on-trend footwear and accessories. (Fri, 09 Feb 2007 17:16:43 GMT)
S3 Investment Company Announces Scheduled Re-Capitalization
S3 Investment Company, Inc. (PINKSHEETS: SEIH), a holding company with two subsidiaries doing business in the Chinamarket, today announced its Board of Directors has voted to effect areverse stock split of its outstanding and authorized shares of commonstock at a ratio of 1-for-150 shares. This measure may encourage investorinterest and improve the marketability of the company's common stock to ... (Fri, 09 Feb 2007 18:24:20 GMT)
S3 Investment Company Announces Scheduled Re-Capitalization
S3 Investment Company, Inc. (PINKSHEETS: SEIH), a holding company with two subsidiaries doing business in the Chinamarket, today announced its Board of Directors has voted to effect areverse stock split of its outstanding and authorized shares of commonstock at a ratio of 1-for-150 shares. This measure may encourage investorinterest and improve the marketability of the company's common stock to ... (Fri, 09 Feb 2007 18:41:34 GMT)
Fortress Investment's Shares Soar After Initial Sale (Update2)
Feb. 9 (Bloomberg) -- Shares of Fortress Investment Group LLC, the first U.S. manager of private-equity and hedge funds to go public, soared almost 70 percent in their initial day of trading. (Fri, 09 Feb 2007 18:49:18 GMT)
Vanda hires investment bank to advise on possible deals
Vanda Pharmaceuticals, one of the hottest local biotech companies with two drugs in late-stage testing, says it has engaged an investment bank to advise the company. (Fri, 09 Feb 2007 19:27:24 GMT)
Hedge fund Fortress Investment doubles in trading debut
NEW YORK — Shares of Fortress Investment Group, the first publicly traded U.S. hedge fund, doubled Friday in a debut sure to catch the attention of many players in the $1.3-trillion (U.S.) hedge-fund industry. (Fri, 09 Feb 2007 19:52:36 GMT)
Fund investment in arms firms reviewed
The Government's $11.9 billion New Zealand Superannuation Fund investment of taxpayers' money in companies making nuclear weapons technology and military hardware is being reviewed. (Fri, 09 Feb 2007 20:49:28 GMT)
Fortress Investment's Shares Soar After Initial Sale (Update3)
Feb. 9 (Bloomberg) -- Shares of Fortress Investment Group LLC, the first U.S. manager of private-equity and hedge funds to go public, soared almost 70 percent in their initial day of trading. (Fri, 09 Feb 2007 21:04:18 GMT)
Fortress Investment's Shares Soar After Initial Sale (Update4)
Feb. 9 (Bloomberg) -- Shares of Fortress Investment Group LLC, the first U.S. manager of private-equity and hedge funds to go public, soared 68 percent in their initial day of trading. (Fri, 09 Feb 2007 21:49:18 GMT)
Lowe's to make $18.5M Gurnee investment
Another big box company is coming to Gurnee, providing the village with an $18.5 million investment, 175 new jobs and a promise of a sizable boost in Gurnee's retail sales tax revenues. Lowe's, the nation's second-largest home improvement store chain, received a warm welcome and final approval from the Village Board this week. (Sat, 10 Feb 2007 06:06:52 GMT)
Dickinson Foods approves investment program
The board of Fruitland-based Dickinson Frozen Foods has approved a $6.1 million investment program for projects in 2007. These funds will be used to support the company's growth and modernization of its onion- and potato-based product lines. (Sat, 10 Feb 2007 07:17:54 GMT)
Ex-SEC chief joins investment bank partnership
William H. Donaldson, a co-founder of the investment bank Donaldson, Lufkin & Jenrette and former chairman of the Securities and Exchange Commission, has joined Perella Weinberg Partners, the boutique investment bank, as chairman of its advisory council, the firm said Thursday. (Sat, 10 Feb 2007 10:29:02 GMT)
RAK conference to unveil new investment opportunities
Ras Al Khaimah's emergence as a new investment destination and the ongoing efforts in the emirate to diversify its economy will be in focus during a two-day conference which begins on Monday, February 12. (Sat, 10 Feb 2007 11:08:58 GMT)
Anglo American vs BHP Billiton – which mining major is the better investment
JOHANNESBURG (Mineweb.com) --Fund managers who invest in major mining companies need to make choices as to priorities of investment choices between the various players. (Sat, 10 Feb 2007 11:09:53 GMT)
Investment firm, pension fund to buy GNC parent
PITTSBURGH -- The parent company of vitamin retailer General Nutrition Centers Inc. has agreed to a $1.65 billion buyout by a Los Angeles private investment firm and the Ontario Teachers Pension Plan. (Sat, 10 Feb 2007 12:28:12 GMT)
Chinese co offers biggest ever investment in fabric sector
A Chinese company is willing to come to Bangladesh with the biggest ever investment in the fabric sub-sector to produce fabrics from jute in the wake of cotton price hike in the international market, according to bdnews24.com. (Sat, 10 Feb 2007 16:29:34 GMT)
Financial world braces for huge Chinese investment fund
China will send ripples through the financial world when it unleashes an investment company with more money under management than any mutual fund in existence, according to analysts. (Sun, 11 Feb 2007 04:53:29 GMT)
Chinese co offers biggest ever investment in fabric sector
US$ 400 million investment proposal... The company plans to set up a plant in Ishwardi Export Processing Zone (EPZ), said the Bangladesh Export Processing Zones Authority (BEPZA). (Sun, 11 Feb 2007 08:27:53 GMT)
Keep your investment resolutions
With January behind us, hopefully everyone is sticking to their New Year's resolutions. Below are investment resolutions that should be considered by all investors. (Sun, 11 Feb 2007 08:48:31 GMT)
Whats news: Huth opens investment, financial planning firm
APPLETON Julie Huth has recently launched the Huth Advisory Group LLC, a client-centered investment counseling and financial planning firm. Huth has been serving the accounting and tax needs of businesses and individuals in the Fox Cities for the past 25 years. The company is located at 602 Waldoch Drive, Appleton. (Sun, 11 Feb 2007 10:26:15 GMT)
Socially Responsible Investment Growing in Germany
Unlike banks interested in maximizing clients' returns, the Community Bank for Loans and Gifts (GLS), like several others German banks, appeals to investors' morals and focuses on ethical and ecological investment. (Sun, 11 Feb 2007 11:19:50 GMT)
U.S. warns of increasing investment protectionism
MUNICH, Germany, Feb 11 (Reuters) - U.S. Deputy Treasury Secretary Robert Kimmitt said on Sunday there is a worrying trend towards investment protectionism in the United States, Europe and Asia. (Sun, 11 Feb 2007 14:17:09 GMT)
Funds: Looking to Ukraine and Kazakhstan
Can a specialist fund attract sufficient interest from the investment community to stay the course after its moment has passed? (Sun, 11 Feb 2007 15:41:49 GMT)
(AFX UK Focus) 2007-02-11 16:48 GMT: Axa says Capitalia stake is financial investment - report
MILAN (AFX) - French insurer Axa said that its stake in Capitalia SpA is purely a financial investment made "within its asset management activities", daily Il Sole 24 Ore reported yesterday. (Sun, 11 Feb 2007 17:03:34 GMT)
Chinese co offers biggest ever investment in fabric sector
US$ 400 million investment proposal... The company plans to set up a plant in Ishwardi Export Processing Zone (EPZ), said the Bangladesh Export Processing Zones Authority (BEPZA). (Sun, 11 Feb 2007 18:30:48 GMT)
Gulf Investment Corp to Set up New Bahrain Real Estate Firm
MANAMA, Feb 12 Asia Pulse - The Gulf Investment Corporation (GIC) has announced plans to establish a new company in Bahrain called Istimlak Real Estate Holding. (Mon, 12 Feb 2007 02:49:00 GMT)
Vietnam's Textile Sector Registers Strong Foreign Investment
HANOI, Feb 12 Asia Pulse - Vietnam's major textile and apparel projects continue to lure foreign investment capital, says the Vietnam Textile and Garment Corporation (Vinatex). (Mon, 12 Feb 2007 04:27:00 GMT)
VIETNAM'S TEXTILE SECTOR REGISTERS STRONG FOREIGN INVESTMENT
Textiles / clothing Vietnam's major textile and apparel projects continue to lure foreign investment capital, says the Vietnam Textile and Garment Corporation (Vinatex). (Mon, 12 Feb 2007 04:57:43 GMT)
Indian and Russian business honchos to discusse trade, investment enhancement
New Delhi, Feb.12 (ANI): The India-Russia Forum on Trade and Investment is meeting here on Monday and Tuesday to exchange ideas and enhance the current level of strategic partnership in these two areas. G.O. Gref, the Russian Federation's Minister of Economic Development and Trade, is leading a delegation of 200 Russian businessmen and senior government officials at the talks. Commerce and ... (Mon, 12 Feb 2007 06:01:57 GMT)
Making History: One woman's investment in financial literacy adds up
Mary Pugh, an investment manager who oversees more than $1 billion in assets, uses her business savvy to promote financial literacy in the African American community. (Mon, 12 Feb 2007 07:43:27 GMT)
Toyota plans USD 429 mn investment on small car plant: report
New Delhi, Feb 12: Japanese car major Toyota Motor Corp is reported to be planning an investment of USD 330 to 420 million (about Rs 1,890 crore) for setting up a small car plant near its existing facility in Bangalore. (Mon, 12 Feb 2007 09:34:16 GMT)
Toyota plans $420 m investment on small car plant: report
NEW DELHI: Japanese car major Toyota Motor Corp is reported to be planning an investment of $330 to $420 million (about Rs 1,890 crore) for setting up a small car plant near its existing facility in Bangalore. (Mon, 12 Feb 2007 09:54:43 GMT)
Russia TMK to double 2007 investment to $500 mln
MOSCOW, Feb 12 (Reuters) - Russia's TMK , the world's third-largest steel pipe maker by market capitalisation, will double investment to $500 million this year to meet booming demand for oil and gas pipelines, its CEO said on Monday. (Mon, 12 Feb 2007 11:47:20 GMT)
US-Africa Investment Forum wants business proposals in Africa
Houston, US, 02/12 - Organisers of US-Africa Investment and Finance Forum that ended Friday in the US city of Houston in Texas have asked participants to submit proposals for business opportunities in Africa within six months. (Mon, 12 Feb 2007 12:02:58 GMT)
NURMF: Announces $2.5M Follow-On Investment in Private Placement
NUR Macroprinters Ltd. (NURMF) announced the completion of a follow-on investment in a private placement of ordinary shares, resulting in gross proceeds of $2.5 million, thereby increasing the gross proceeds from the private placement reported on January 30, 2007 to $6.3 million. (Mon, 12 Feb 2007 13:53:21 GMT)
ING Investment Management Streamlines Market and Reference Data, Creating Relative Value Application on Microsoft ...
ING Investment Management Americas, the U.S. investment arm of ING Group, one of the leading financial services companies in the world, today announced that it has implemented a unique database solution built on Microsoft® technology to help its employees easily manage, access and analyze investment data from an array of data sources. (Mon, 12 Feb 2007 14:00:00 GMT)
In-Q-Tel Makes Strategic Investment in StreamBase to Fuel Complex Event Processing
BOSTON, BUSINESS WIRE -- StreamBase Systems, Inc. today announced a strategic investment and technology advancement agreement with In-Q-Tel, the independent strategic investment firm that identifies innovative technologies to support the missions of the Central Intelligence Agency (CIA) and the broader Intelligence Community (IC). StreamBase is the leading provider of high-performance Complex ... (Mon, 12 Feb 2007 14:37:27 GMT)
StreamBase Systems lands new investment
In-Q-Tel, an investment firm launched by the CIA, has made an investment in StreamBase Systems Inc., StreamBase announced Monday. Terms of the investment were not disclosed. (Mon, 12 Feb 2007 15:46:38 GMT)
Beacon Power pulls in $10.6M investment
Wilmington's Beacon Power Corp. says that it has received commitments for $10.6 million in a new investment in the company, which supplies products and services to support stable and efficient electricity grid operation. (Mon, 12 Feb 2007 15:49:31 GMT)
Experienced Investment Executive Joins Davidson Investment Advisors as Chief Investment Officer, Portfolio Manager
GREAT FALLS, Mont.----Davidson Investment Advisors, a money management firm based in Montana, today announced that Edward P. Crotty, CFA®, has joined as Senior Vice President, Chief Investment Officer and Portfolio Manager for the company's Equity Income investment strategy. (Mon, 12 Feb 2007 16:01:00 GMT)
Record foreign investment of $6b this fiscal, says PM
ISLAMABAD: There will be record foreign direct investment (FDI) of more than $6 billion during the current fiscal year because of the government’s liberal and investment-friendly economic policies, Prime Minister Shaukat Aziz said on Sunday. (Mon, 12 Feb 2007 16:23:50 GMT)
Meritas to distribute B2B Trust investment loans
B2B Trust, a subsidiary of Laurentian Bank, today announced the signing of agreements with Meritas Financial Inc., based in Cambridge, Ont., for the distribution of an investment loan and an RRSP loan program. (Mon, 12 Feb 2007 16:32:02 GMT)
Taylor Frigon Capital Management, LLC, an Independent Investment Advisory Firm, Is Established
Investment professional Gerard J. Frigon today announced the formation of Taylor Frigon Capital Management, LLC, an independent SEC-registered investment advisory firm that helps private investors build wealth and create multigenerational financial legacies. (Mon, 12 Feb 2007 17:05:00 GMT)
IT to benefit from next investment wave
HCM CITY — Viet Nam’s membership of the World Trade Organisation heralds a new wave of investment in its ICT sector and a likely growth in e-commerce, experts have said. (Mon, 12 Feb 2007 17:23:45 GMT)
Cambium Global Seeks Alternative Investment Market Admission
LONDON -(Dow Jones)- Cambium Global said Monday that it seeks Alternative Investment Market admission of up to 250 million ordinary shares at 100 pence each to raise up to GBP250 million on 27 February 2007. (Mon, 12 Feb 2007 17:39:14 GMT)
Making History: One woman's investment in financial literacy adds up
Mary Pugh, an investment manager who oversees more than $1 billion in assets, uses her business savvy to promote financial literacy in the African American community. (Mon, 12 Feb 2007 18:20:45 GMT)
S3 Investment Company Announces New Trading Symbol as Re-Capitalization Becomes Effective
S3 Investment Company, Inc. (PINKSHEETS: SIVC), a holding company with two subsidiaries doing business in the Chinamarket, has announced that the reverse split voted by the company's Boardof Directors has taken effect as of 8:00 a.m. Eastern Standard Time today.As a result, the company's common stock will begin trading as of the openof market today on a post-split basis under the ticker symbol ... (Mon, 12 Feb 2007 18:25:46 GMT)
Chinese co offers biggest ever investment in fabric sector
US$ 400 million investment proposal... The company plans to set up a plant in Ishwardi Export Processing Zone (EPZ), said the Bangladesh Export Processing Zones Authority (BEPZA). (Mon, 12 Feb 2007 18:31:45 GMT)
Investment scam gets Elkton man 10-year prison term
Mark E. Phillips of Elkton was sentenced to more than 10 years in prison for investment and credit card fraud, according to the Maryland U.S. Attorney's Office. (Mon, 12 Feb 2007 19:15:24 GMT)
Meritas to distribute B2B Trust investment loans
B2B Trust, a subsidiary of Laurentian Bank, today announced the signing of agreements with Meritas Financial Inc., based in Cambridge, Ont., for the distribution of an investment loan and an RRSP loan program. (Mon, 12 Feb 2007 20:32:59 GMT)
Malaysia Trade Min: Jan-Sep '06 Investment In Services MYR33.1 Billion
KUALA LUMPUR -(Dow Jones)- Malaysia recorded MYR33.1 billion worth of investment in its services sector for the first nine months of 2006, Minister of International Trade and Industry Rafidah Aziz said Tuesday. (Tue, 13 Feb 2007 03:08:05 GMT)
Malaysia denies foreign investment in strife if US trade deal fails
KUALA LUMPUR (AFP) - Malaysia has denied foreign investment inflows would be adversely affected if it failed to sign a free trade agreement with the United States after formal talks ground to a halt. (Tue, 13 Feb 2007 08:14:00 GMT)
RAO UES to present revised investment program
RBC, 13.02.2007, Moscow 10:21:51. RAO UES will present its revised investment program for 2007-2010 today. The presentation was previously scheduled for February 6, 2007, but it was postponed due to 'technical reasons'. (Tue, 13 Feb 2007 08:14:24 GMT)
Malaysia denies foreign investment in strife if US trade deal fails
Malaysian Trade Minister Rafidah Aziz denied foreign investment inflows would be adversely affected if Malaysia failed to sign a free trade agreement with the US after formal talks ground to a halt. (Tue, 13 Feb 2007 08:30:24 GMT)
RAO UES approves revised investment plan
RBC, 13.02.2007, Moscow 12:57:19. RAO UES has endorsed a revised investment program till 2011 of some RUR3.1 trillion (approx. USD117.69bn), the holding said in a statement today. RAO UES plans to introduce 34.2 gigawatts of energy generation facilities before 2011. (Tue, 13 Feb 2007 10:14:14 GMT)
UMMC more than doubled investment in 2006
MOSCOW. Feb 13 (Interfax) - UMMC Holding, which runs the enterprises of No.2 Russian copper producer Urals Mining and Metallurgical Company (UMMC), almost doubled investment in production- related activity to 21.8 billion rubles in 2006 compared with 2005, Gennady Skopov, UMMC's deputy technical director, said at the Adam Smith Institute's CIS Metals Summit in Moscow. (Tue, 13 Feb 2007 10:27:29 GMT)
Thomson announces investment in India
Thomson, through its technicolor Content Service business, today announced the expansion of its animation capabilities with strategic investment in India. (Tue, 13 Feb 2007 10:59:29 GMT)
Unicorn Investment Bank achieves record results
Unicorn Investment Bank B.S.C. (c) (UIB) announces record results for the year ended 31 December 2006. Earnings rose by 27 per cent, from USD52.6 million in 2005 to USD66.9 million in 2006. (Tue, 13 Feb 2007 11:38:58 GMT)
Poland 2006 foreign direct investment up 46.6 pct to 11.69 bln eur
WARSAW (AFX) - Foreign direct investment in Poland reached 11.69 bln eur in 2006, up 46.6 pct from the 7.71 bln eur recorded in 2005 the Polish central bank said. (Tue, 13 Feb 2007 11:39:01 GMT)
L&G updates growth investment plus plan
Legal & General's latest tranche of its growth investment plan plus will provide investors with 125 per cent of any capital growth in the FTSE 100 Index over a six year term. (Tue, 13 Feb 2007 12:02:09 GMT)
Investment in Malaysia sets record
Malaysia reports 48 percent growth last year in approved investment. (Tue, 13 Feb 2007 13:50:48 GMT)
M'sia Ranks Top In Education Investment But Lacking In Human Rights
KUALA LUMPUR, Feb 13 (Bernama) -- Malaysia ranks among the top nations in education investment but a lot still need to be done in the aspects of human rights in the country's education system, said the United Nations (UN) Special Rapporteur on the right to education, Vernor Villalobos. (Tue, 13 Feb 2007 13:54:52 GMT)
Strix Gets Investment From Samsung
Calabasas-based Strix Systems, a developer of wireless mesh networking hardware, said today that it has received a strategic investment from Samsung Ventures America. Size of the investment was not disclosed. Samsung Ventures America is the venture capital investment arm for Samsung.... (more) (Tue, 13 Feb 2007 14:27:23 GMT)
Is Chinese Investment Good for Africa?
China’s investment in Africa reached some $50 billion in 2006, an influx that has boosted growth rates on the continent and spurred much-needed infrastructure improvements. (Tue, 13 Feb 2007 14:44:55 GMT)
Malaysia denies foreign investment in strife if US trade deal fails
KUALA LUMPUR : Malaysia has denied foreign investment inflows would be adversely affected if it failed to sign a free trade agreement with the United States after formal talks ground to a halt. (Tue, 13 Feb 2007 15:01:36 GMT)
Las Vegas woman gets 90 months in federal investment fraud case
LAS VEGAS A Las Vegas woman has been sentenced to seven-and-a-half years in federal prison for her role in an investment scheme involving claims that she could extract precious metals from volcanic rock. (Tue, 13 Feb 2007 15:05:33 GMT)
Las Vegas woman gets 90 months in federal investment fraud case
LAS VEGAS (AP) - A Nevada woman was sentenced to more than seven years in federal prison for her role in an investment scheme involving claims that she could extract precious metals from volcanic cinders, officials said. (Tue, 13 Feb 2007 15:09:28 GMT)
ING Investment Management uses Microsoft technology to rebuild reference data system
ING Investment Management Americas, the U.S. investment arm of ING Group, one of the leading financial services companies in the world, today announced that it has implemented a unique ... (Tue, 13 Feb 2007 15:45:59 GMT)
ISYX, FFEX and COGO Update the Investment Community in All-New Interviews With WallSt.net
On January 18, Wil Riner, CEO of Insystcom, Inc. (Pink Sheets: ISYX) updated the investment community in an all-new interview with http://www.wallst.net/ . Interview highlights include detailed discussions on the following topics: (Tue, 13 Feb 2007 15:54:22 GMT)
Iran, second regional country in attracting investment
Iran - Region - Investment Iran ranks second among 30 regional countries in terms of investment, head of Tehran Chamber of Commerce said on Tuesday. (Tue, 13 Feb 2007 16:19:59 GMT)
Industries Ministry in talks to absorb dlrs 10b in investment
Iran - Industry - Investment Ministry of Industries and Mines is in talks with a European company to invest a dlrs 10 billion of investment in Iran's steel industries, deputy minister for economic affairs said on Tuesday. (Tue, 13 Feb 2007 16:34:56 GMT)
Technicolor Expands Game Services With Indian Investment
Thomson's Technicolor Content Services has announced that it will be expanding its entertainment services capabilities through an investment in Bangalore, India animation and game content provider Paprikaas Animation Studios. The investment is seen by Thomson as further strengthening the company's commitment both globally and in India to expanding "service offerings in the feature film, ... (Tue, 13 Feb 2007 17:01:05 GMT)
Heartland RV Receives Investment From Leading Consumer-Focused Private Equity Firm, Catterton Partners
ELKHART, Ind., Feb. 13 -- Heartland Recreational Vehicles, LLC ("Heartland"), the fastest growing manufacturer of towable RVs in America, today announced that it has received an equity investment from Catterton Partners, one of the nation's leading consumer-focused private equity firms. (Tue, 13 Feb 2007 17:16:14 GMT)
3K battery producer delays key investment
Thai Storage Battery Plc (TSB), the producer of the 3K brand of car batteries, has delayed a 600-million-baht investment plan to set up a new factory due to the uncertain economic environment. (Tue, 13 Feb 2007 19:01:13 GMT)
Three Rivers Workforce Investment Board meeting canceled
The Three Rivers Workforce Investment Board meeting scheduled for Wednesday has been canceled because of the weather. (Tue, 13 Feb 2007 19:16:58 GMT)
Foreign Investment in U.S. Benefits Economy, Bush Advisers Say
Foreign direct investment in the United States benefits the U.S. economy by stimulating growth, generating jobs for U.S. workers, promoting research and development, and financing the current account deficit, say President Bush’s key economic advisers. Recently, foreign direct investment in the United States has stagnated, according to the annual Economic Report of the President. The share of ... (Tue, 13 Feb 2007 19:34:47 GMT)
Canadian private equity investment achieves record levels in 2006
Dramatic growth in the Canadian buyout market led to record levels of private equity investment in 2006, according to Canada’s Venture Capital and Private Equity Association (CVCA) and research partner Thomson Financial. (Tue, 13 Feb 2007 20:02:01 GMT)
USDC Announces Preliminary Agenda for 2007 Displays & Emerging Electronics Investment Conference
The U.S. Display Consortium (USDC), a public/private partnership chartered with developing the flat panel display (FPD) industry infrastructure, today announced the keynote speakers for its upcoming Displays & Emerging Electronics Investment Conference. Co-sponsored by Needham & Company, LLC, a nationally recognized investment banking and asset management firm, the conference will be held on ... (Tue, 13 Feb 2007 20:56:06 GMT)
New investment firm in Houston
HOUSTON An analyst and a former investment banker have created a Houston-based financial firm targeting the energy market. Bobby Tudor is a former partner at... (Tue, 13 Feb 2007 21:22:06 GMT)
New investment firm in Houston
HOUSTON An analyst and a former investment banker have created a Houston-based financial firm targeting the energy market. (Tue, 13 Feb 2007 21:22:33 GMT)
Gunman Kills 3 Members of Investment Firm and Himself
A shareholder who believed that he had been defrauded by a Philadelphia investment company murdered three of the firm?s executives and took his own life, the police said. (Wed, 14 Feb 2007 03:02:15 GMT)
French 2007 industrial investment seen up 5 pct vs 2 pct in 2006
The previous survey, carried out in October, pointed to a 2 pct increase in investment in 2007 after unchanged investment in 2006. Manufacturing investment is seen rising by 7 pct this year, after being unchanged last year, according to the January survey. (Wed, 14 Feb 2007 08:17:31 GMT)
(AFX UK Focus) 2007-02-14 08:32 GMT: French 2007 industrial investment seen up 5 pct vs 2 pct in 2006
PARIS (AFX) - French industrial investment is expected to rise 5 pct in full-year 2007 after a 2 pct increase in 2006, according to a survey of industrialists by the statistics office Insee in January. (Wed, 14 Feb 2007 09:04:39 GMT)
Multi-million investment at Ciba site but up to 60 jobs face axe
David Parkin Business Editor THE future of chemicals group Ciba's Bradford site is being secured with investment in more sophisticated equipment but it will mean up to 60 redundancies from the 900-strong workforce. (14/02/2007 09:02:47) (Wed, 14 Feb 2007 09:19:55 GMT)
HannStar suspends 6G investment plans
HannStar Display has announced the suspension of its investment plans for a sixth-generation (6G) LCD plant due to an uncertain industry outlook. The maker also said it will switch the use the originally-planned ECB (euro-convertible bond) for the 6G plant to overseas material purchases, according to a company filing with the Taiwan Stock Change (TSE). (Wed, 14 Feb 2007 09:21:31 GMT)
Net assets in securities investment trusts top 70 tril. yen
_ The combined balance of publicly offered stock and bond investment trusts topped 70 trillion yen for the first time ever in terms of outstanding net asset value as of Jan. 31, an industry body said Wednesday. (Wed, 14 Feb 2007 09:30:17 GMT)
More investment planned in Defence Research and Development
New Delhi, Feb 14 (ANI): Union Defence Minister A K Antony today said here that as research and development activities are vital to the growth and development of the nation's economy and defence preparedness, there would be more investment in the sector. "Self-reliance can be achieved only through greater investment in the research and development in the defence sector. In the forthcoming ... (Wed, 14 Feb 2007 09:35:35 GMT)
Up Close: Curran Investment Management
Who: Thomas Curran, 61Where: 30 S. Pearl St., AlbanyWhat's new: Curran, president and chief investment officer of Curran Investment, was one of six financial advisers recently named to Research Magazine's 2006 Advisor Hall of Fame. (Wed, 14 Feb 2007 10:17:43 GMT)
Plan 'could see £300m investment'
A scheme which developers claim could attract £300m of investment into part of Bristol is unveiled. (Wed, 14 Feb 2007 11:30:18 GMT)
(AFX UK Focus) 2007-02-14 13:14 GMT: London Asia Capital to separate operating, investment ops to encourage growth
LONDON (AFX) - London Asia Capital PLC said it plans to separate the operating side of its business, which includes the fund management and corporate finance divisions, from the investment side to address concerns over its share price and facilitate further growth. (Wed, 14 Feb 2007 13:33:39 GMT)
• At least 70 bln euro investment required
Turkey needs some 70 billion euros in investment on environmental issues alone, 51 billion euros of which are required for investment necessities on fresh water and waste water projects, said Ali Babacan, Turkey’s economy minister. (Wed, 14 Feb 2007 13:44:01 GMT)
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