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Akzo Nobel Divests its Akcros Chemicals PVC Additives Business to UK-based Investment Firm, GIL Investments
ARNHEM, the Netherlands, March 15, 2007 -- Akzo Nobel has divested its Akcros Chemicals PVC additives business to UK-based private investment firm GIL Investments. Financial details were not disclosed. (Mon, 19 Mar 2007 16:02:11 GMT)

Investment group buying ServiceMaster in a $4.5 billion deal
DOWNERS GROVE, Ill. Downers Grove-based Service-Master has bowed to shareholder pressure and agreed to be bought by an investment group lead by private equity firm Clayton, Dubilier and Rice. (Mon, 19 Mar 2007 17:28:00 GMT)

Moelis steps down from UBS investment bank
NEW YORK (MarketWatch) -- Ken Moelis, who is credited with helping build UBS into a major player in the U.S. capital markets, is stepping down as president of its investment bank, according to an internal company memo. (Mon, 19 Mar 2007 17:39:57 GMT)

Scotiabank wades further into China with investment in Bank of Dalian
David Friend March 19, 2007 - 2:57 p.m. TORONTO (CP) - After nearly 25 years of baby steps in China's banking industry, Scotiabank (TSX:BNS) is hoping for a great leap forward as it explores a minority investment in the Bank of Dalian Co., China's seventh-largest commercial bank. (Mon, 19 Mar 2007 19:20:04 GMT)

Appeals court to allow Enron shareholders to sue investment banks
NEW ORLEANS – A federal appeals court has reversed a judge’s decision allowing Enron shareholders to pursue a class action lawsuit against investment banks for their alleged role in the accounting fraud that led to Enron’s collapse. (Mon, 19 Mar 2007 20:31:02 GMT)

Investment group buying ServiceMaster in $4.5 billion deal
CHICAGO - Lawn care and pest control provider ServiceMaster Co. agreed Monday to be bought by an investment group in a cash deal valued at $4.5 billion, as the company tries to recover from years of... (Mon, 19 Mar 2007 20:37:01 GMT)

President Leaving UBS Investment Bank
Veteran investment banker Ken Moelis, who is credited with helping UBS AG become a name brand in the U.S. capital markets, is leaving, according to an internal company memo. (Mon, 19 Mar 2007 21:32:07 GMT)

Asia May See `Surprise' Resurgence of Investment, Lehman Says
March 20 (Bloomberg) -- Asian nations excluding Japan may see a ``surprise'' resurgence in investment this year as economic growth and low interest rates spur spending, according to Lehman Brothers Inc. (Tue, 20 Mar 2007 02:06:07 GMT)

Investment group makes deal for parent of Terminix
Lawn care and pest control provider Service- Master Co. agreed Monday to be bought by an investment group in a cash deal valued at $4.5 billion, as the company tries to recover from years of declining financial results. (Tue, 20 Mar 2007 05:45:42 GMT)

Investment group says EGL bid shut out
On the day EGL signed a "definitive agreement" to be sold for $1.7 billion to a group led by its founder and chief executive, a letter surfaced stating that a big investment group had offered $2 a share more. (Tue, 20 Mar 2007 05:46:23 GMT)

Investment group buying ServiceMaster
CHICAGO -- ServiceMaster Co. agreed Monday to be bought. Bowing to shareholder pressure, the owner of TruGreen Lawn Care, Terminix pest control and Merry Maids cleaning service announced the $4.5 billion deal with an investment group led by private equity firm Clayton, Dubilier & Rice. (Tue, 20 Mar 2007 06:48:56 GMT)

Investment group to buy ServiceMaster for $4.5B
ServiceMaster Co. agreed Monday to be bought by an investment group in a cash deal valued at $4.5 billion, as the company tries to recover from years of declining financial results. (Tue, 20 Mar 2007 09:11:23 GMT)

Newcastle Investment to buy subprime portfolio worth $1.7bn
NEW YORK, March 20 (newratings.com) - Newcastle Investment Corp ( NCI.BER ) Friday announced that it had agreed to buy 7,300 sub-prime loans worth $1.7 billion. (Tue, 20 Mar 2007 11:01:34 GMT)

Investment firm boosts Wendy's stake
Activist investment firm Highfields Capital Management has increased its holdings in Wendy’s International Inc. to 7.6 million shares, or 8 percent of the restaurant company’s stock, according to documents filed with the U.S. Securities and Exchange Commission. (Tue, 20 Mar 2007 11:14:25 GMT)

Nationwide names NWD Investment head
Nationwide Mutual Insurance Co. said Tuesday its interim head of NWD Investment Management Inc. will take over the position permanently. (Tue, 20 Mar 2007 13:59:10 GMT)

Investment fund urges bidding war for ABN Amro
Investment fund TCI tried to spark a bidding war for Dutch group ABN Amro on Tuesday, seizing on marriage talks by British bank Barclays with an invitation to other banks to make offers. (Tue, 20 Mar 2007 14:03:36 GMT)

Investment Technology Provider DST International Taps Tom Abraham as Its New CEO
Investment management technology provider DST International (Surbiton, England) hired Tom Abraham as CEO. He replaces Mike Winn, who is retiring. (Tue, 20 Mar 2007 14:15:24 GMT)

Capital Investment Cos. sets up philanthropic foundation
Capital Investment Cos., a Triangle financial services and brokerage firm, has added a philanthropic foundation to its menu of investment options. (Tue, 20 Mar 2007 14:51:29 GMT)

Investment fund urges bidding war for ABN Amro
Investment fund TCI tried to spark a bidding war for Dutch group ABN Amro on Tuesday, seizing on merger talks by British bank Barclays with an invitation for other banks to make offers. (Tue, 20 Mar 2007 15:00:17 GMT)

Investment tip of the day: Listen to 'The Maestro'
Psst ... want some investment advice? Keep an eye on Alan Greenspan's schedule. When he speaks, markets move. Click on the image to the right for a helpful graphic from this morning's print edition of USA TODAY.... (Tue, 20 Mar 2007 15:26:51 GMT)

Despite market upset, investment banking business strong
NEW YORK (MarketWatch) -- Despite daily headlines about the meltdown in the subprime mortgage sector and increased volatility in global stock markets, data show that the week ended March 16 was the best week of the year for the investment banking business. (Tue, 20 Mar 2007 17:52:38 GMT)

Meijer cites $463-million investment in state
Expressing confidence in Michigan's economic future, Meijer stores President Mark Murray today released figures showing that the company's investment in the state for the three years ending in 2007 will total $463 million. (Tue, 20 Mar 2007 19:09:54 GMT)

Meijer issues statement about confidence, investment in Michigan
Expressing confidence in Michigan's economic future, Meijer stores President Mark Murray today released figures showing that the company's investment in the state for the three (Tue, 20 Mar 2007 20:35:32 GMT)

Investment Jobs Triple in Conn.
Hedge fund growth is fueling a striking increase in the number of investment jobs in Connecticut, state officials report. (Tue, 20 Mar 2007 21:24:02 GMT)

Wildlands, Inc. Announces Investment By Parthenon Capital
Wildlands, Inc., the leader in the rapidly growing environmental exchange industry with a focus on wetlands mitigation and conservation banking, announced the completion of an investment in the company by Parthenon Capital. (Wed, 21 Mar 2007 04:12:29 GMT)

Area Doctors Invest in Elizabeth Place ; The Former Franciscan Medical Center Has Been Sold to an Investment Group and ...
By Anthony Gottschlich Staff Writer DAYTON -- Elizabeth Place, the medical complex formerly known as St. Elizabeth's Hospital and later Franciscan Medical Center, now belongs to a group of local physicians and a California-based investment group. (Wed, 21 Mar 2007 04:17:51 GMT)

Indian investment in Britain poised to rise, says study
London, March 21 Indian investment in Britain is poised to outstrip British investment in the subcontinent, reversing the flow of capital for the first time since the days of the Raj, says a new study. (Wed, 21 Mar 2007 05:56:30 GMT)

China: Urban investment in fixed assets on the rise
According to the National Bureau of Statistics of China, from January to February of this year, the urban investment in fixed assets amounted to a volume of 653.5 billion yuan，gained a year-on-year increase of 23.4 percent. (Wed, 21 Mar 2007 10:01:43 GMT)

Hedge Funds Fuel Investment Job Growth
Hartford - Hedge fund growth is fueling a striking increase in the number of investment jobs in Connecticut, state officials report. The number of jobs in ... (Wed, 21 Mar 2007 10:09:30 GMT)

Fueled by hedge fund growth, investment jobs triple in Conn.
(Hartford-AP, Mar. 21, 2007 7:00 AM) _ Hedge fund growth is fueling a striking increase in the number of investment jobs in Connecticut, state officials report. (Wed, 21 Mar 2007 11:24:20 GMT)

Tenn. man pleads guilty to multistate investment scam
ROANOKE, Va. An investment adviser and admitted crack addict from Memphis has pleaded guilty in an investment scam. Sixty-year-old Larry House entered his plea... (Wed, 21 Mar 2007 11:42:08 GMT)

Ahead of the Bell: Fortress Investment
Four Wall Street analysts on Wednesday initiated coverage of Fortress Investment Group LLC, the first hedge fund to go public. (Wed, 21 Mar 2007 12:51:29 GMT)

CNA Pro Introduces Its Investment Management Solutions Product
CHICAGO----The Open Brokerage unit of CNA Pro introduces a new management and professional liability product specifically tailored to address the unique D&O and E&O exposures of the financial/investment community. (Wed, 21 Mar 2007 13:00:00 GMT)

Legacy Hotels Real Estate Investment Trust Announces Quarterly Distribution
TORONTO, ONTARIO-- - Legacy Hotels Real Estate Investment Trust today announced a first quarter distribution of $0.08 per unit to unitholders of record as of March 30, 2007. Payment will be made on or about April 20, 2007. (Wed, 21 Mar 2007 13:04:04 GMT)

Imagine Publishing Announces $3m Investment Spend
Officials from UK based magazine publisher Imagine Publishing have announced details of new plans to drive the company's existing print and online operations in the next financial year, led by a new £1.5 million ($2.94m) investment spend. The only remaining rival to Future Publishing in the UK, the company plans to invest in new manpower, resources and research & development. The company ... (Wed, 21 Mar 2007 13:26:48 GMT)

Treasurer's office to match workers' contributions to state investment plan
State Treasurer John Perdue has set aside $3 million to try to revive a little-used state employee investment plan similar to a 401(k). The state's deferred compensation plan has been around since 1982 as a supplement to state employees' regular pensions. (Wed, 21 Mar 2007 14:08:34 GMT)

Property Authorized Investment Funds To Get REIT Tax Benefits
LONDON -(Dow Jones)- U.K. Chancellor of the Exchequer Gordon Brown Wednesday said authorized investment funds investing in property will face broadly the same tax treatment as real estate investment trusts. (Wed, 21 Mar 2007 14:31:41 GMT)

Fortress Investment initiated with "buy"
NEW YORK, March 21 (newratings.com) - Analysts at Banc of America Securities initiate coverage of Fortress Investment Group (ticker: FIG) with a "buy" rating. The target price is set to $35. (Wed, 21 Mar 2007 14:48:50 GMT)

Tenn. Man Pleads Guilty To Multistate Investment Scam
An investment adviser and admitted crack addict from Memphis has pleaded guilty in an investment scam. (Wed, 21 Mar 2007 15:56:39 GMT)

ServiceMaster Agrees to $5.5 Billion Buyout by Investment Group
MEMPHIS, TN -- (BUSINESS WIRE) The ServiceMaster Company, whose brands include brands include TruGreen, Terminix, American Home Shield, Merry Maids and others, announced that it has entered into a definitive merger agreement to be acquired by an investment group led by Clayton, Dubilier & Rice, Inc. The deal is valued at approximately $5.5 billion, including the assumption of existing ... (Wed, 21 Mar 2007 16:11:06 GMT)

Tennessee Man Pleads Guilty To Multistate Investment Scam
An investment adviser and admitted crack addict from Memphis has pleaded guilty in an investment scam. (Wed, 21 Mar 2007 16:34:18 GMT)

Research on Fortress Investment begins, courtesy of its backers
NEW YORK (MarketWatch) -- Analysts for the bankers that backed the Fortress Investment Group's initial public offering came out Wednesday with their first research coverage of the hedge-fund manager's stock, and most of them couldn't have been more bullish. (Wed, 21 Mar 2007 17:07:43 GMT)

Allen investment arm, Atlanta firm form new banking group
Vulcan Capital, the investment arm of billionaire Paul Allen's Vulcan Inc., and Banker's Capital Group LLC of Atlanta are forming a new financial entity to acquire and manage banking investments in the Southeast United States. (Wed, 21 Mar 2007 18:12:03 GMT)

Investment Banks Are Surging
And analysts still can't seem to get a handle on how well they're doing. (Wed, 21 Mar 2007 20:38:08 GMT)

Investment Scorecard acquired by Informa
Informa Investment Solutions Inc. has signed a deal to buy Investment Scorecard Inc. (Wed, 21 Mar 2007 20:40:28 GMT)

Mexico 2007-2012 Road Investment Could Top MXN212 Billion Minister
MEXICO CITY -(Dow Jones)- Mexico's Communications and Transport Minister Luis Tellez said Wednesday that investment in roads and highways could exceed 212 billion pesos ($19 billion) in the next six years. (Wed, 21 Mar 2007 23:16:41 GMT)

N.Y. company to buy Nashville's Investment Scorecard
Investment Scorecard Inc., a Nashville-based company that helps investors judge the performance of their holdings, said Wednesday that it has agreed to be acquired for $50 million in cash. (Thu, 22 Mar 2007 07:11:12 GMT)

Afghan emerald miners see no sparkle in foreign investment
Outside Kabul, where the city's cosmopolitan character dissipates into tribal communities cloistered by high mountain passes, "foreign" and "investment" are fighting words. There is a deeply rooted sense that foreigners have come to Afghanistan only for conquest, and that foreign investment is just a form of economic imperialism. (Thu, 22 Mar 2007 08:00:00 GMT)

Malaysia scraps property tax in investment drive
Malaysia moved on Thursday to scrap capital-gains tax on property and said it would boost share trading in an effort to stimulate local and foreign investment. (Thu, 22 Mar 2007 08:10:58 GMT)

Investment banker cleared of scheming against hospital
A federal judge has thrown out the charges against a former top investment banker who was accused of taking part in a scheme to put the squeeze on a Naperville hospital. (Thu, 22 Mar 2007 09:13:08 GMT)

Investment firm's lease
Sparta Group LLC , an investment management firm, has leased new office space at 92 Montvale Ave. in Stoneham. The company oversees the investments of the Deshpande Foundation , which focuses on such areas as development, health, and education initiatives in the United States and India. Holalkere appointed (Thu, 22 Mar 2007 09:49:38 GMT)

BREAKING NEWS: Industry promises more jobs, investment
Not a spade of dirt has been shoveled nor a brick laid or a support girder put in place, but an industry seeking a tax break to locate in Chester County has already increased the investment in money and jobs it promises to make if it locates here. (Thu, 22 Mar 2007 10:08:35 GMT)

China's Vice Finance Minister Calls for More Private Investment in Health Care
Text of report in English by official Chinese news agency Xinhua (New China News Agency) Beijing, March 21 (Xinhua) - China's Vice-Minister of Finance Wang Jun on Wednesday called for more private investment in the country's health sector. (Thu, 22 Mar 2007 11:16:47 GMT)

Joseph McAlinden, Morgan Stanley Former Chief Investment Officer, Announces Catalpa Capital Opening
Joseph McAlinden, former Morgan Stanley Investment Management Chief Investment Officer, today announced the opening of Catalpa Capital, LLC, an investment management firm. (Thu, 22 Mar 2007 12:00:00 GMT)

EarlyDETECT, Inc. Signs MidSouth Capital as Investment Banker
IRVINE, Calif.----EarlyDETECT, Inc. has retained Atlanta-based MidSouth Capital, Inc. as its exclusive investment banker. MidSouth is a full-service broker/dealer, founded in 1986. Over the last two years, the Firm has completed 14 fundings within the bio-tech/bio-pharma industries. (Thu, 22 Mar 2007 12:30:00 GMT)

Calvert Social Investment Bond Fund Class I Shares Receives 2007 Lipper Fund Award
BETHESDA, Md.----The Calvert Social Investment Fund Bond Portfolio Class I Shares is among the winners of the 2007 Lipper Fund Awards, given out last night in New York City. The Fund is in the Corporate Debt A-Rated category and is managed by an investment team led by Gregory Habeeb since 1997. (Thu, 22 Mar 2007 14:00:00 GMT)

EPIX Pharmaceuticals to Present at the BioCentury Investment Conference: Future Leaders in the Biotech Industry
EPIX Pharmaceuticals, Inc. (NASDAQ:EPIX) today announced that Andrew Uprichard, M.D., president of EPIX, will present at the BioCentury Investment Conference: Future Leaders in the Biotech Industry on Thursday, March 29, 2007 at 10:30 a.m. (Thu, 22 Mar 2007 14:18:04 GMT)

Malaysia scraps property tax in investment drive
KUALA LUMPUR (Reuters) - Malaysia moved on Thursday to scrap capital-gains tax on property and said it would boost share trading in an effort to stimulate local and foreign investment. (Thu, 22 Mar 2007 14:28:10 GMT)

Mutual Federal Savings Bank Acquires Wagley Investment Advisors, Inc.
Mutual Federal Savings Bank announced today that it has acquired Wagley Investment Advisors, Inc. Wagley Investment Advisors, Inc. will be known as Mutual Financial Advisors, providing new and expanded investment management services not previously offered by Mutual Federal. (Thu, 22 Mar 2007 14:45:00 GMT)

BISYS(R) Alternative Investment Services Earns Best Single / Multi-Strategy Hedge Fund Administrator Award
ROSELAND, N.J.----BISYS Alternative Investment Services, a leading global provider of administrative, accounting and tax services for the hedge fund and private equity industry today announced that it received the Best Single / Multi-Strategy Hedge Fund Administrator award at the Hedge Fund Journal awards dinner in London. (Thu, 22 Mar 2007 14:57:00 GMT)

Analysts Initiate Fortress Investment With 'Buy' Rating
FP Trading Desk submits: After the stock skyrocketed from a starting point of US$18.50 per share on its first day of trading , Fortress Investment Group LLC shares dipped substantially with much of the market in March. (Thu, 22 Mar 2007 15:16:43 GMT)

Investment Fund Probed in Ipiranga Sale
A Delaware-based investment fund is among those being investigated in an insider-trading probe related to last week's sale of the Grupo Ipiranga oil company, a top regulatory official said Thursday. (Thu, 22 Mar 2007 18:11:57 GMT)

Investment Banks Are Surging
And analysts still can't seem to get a handle on how well they're doing. (Thu, 22 Mar 2007 18:15:42 GMT)

Colonial First State Raises Funds for Infrastructure Investment
March 22 (Bloomberg) -- Colonial First State, Australia's biggest money manager, said it's raising capital for two domestic funds to invest in water, utility and airport assets in Europe, and may sell its Avanteos investment platform. (Thu, 22 Mar 2007 19:53:44 GMT)

Berry Plastics Plans $43M Investment
Berry Plastics Corp. plans to add 49 jobs and a 600,000-square-foot distribution center as part of a $43 million capital investment over the next three years, the company announced Thursday. (Thu, 22 Mar 2007 21:13:49 GMT)

Morgan Stanley hires UBS banker to head Japan investment banking
TOKYO (MarketWatch) -- Morgan Stanley Japan Securities said Friday it has hired a senior banker from rival UBS Securities Japan to be a managing director in its investment banking division. Tsunehiro Watabe will also take on the role of a vice chairman of Morgan Stanley Japan. The hire is seen as a coup for Morgan Stanley , which has been looking to beef up its banking operations in the country. ... (Fri, 23 Mar 2007 04:59:59 GMT)

Valeo Shares May Advance After Approach From Investment Fund
March 23 (Bloomberg) -- Shares of Valeo SA, Europe's third- largest auto-parts maker, may rise after the company said it would explore a takeover approach from an investment fund. (Fri, 23 Mar 2007 07:34:44 GMT)

DATA SNAP: Euro Zone Attracted EUR34B In Investment In Jan
FRANKFURT (Dow Jones)--The euro zone attracted EUR34 billion in net investment during January, and generated a current account surplus of EUR2.7 billion, the European Central Bank said Friday. (Fri, 23 Mar 2007 09:19:42 GMT)

Florida company adds to jobs, investment
Not a spade of dirt has been shoveled nor a brick laid or a support girder put in place, but an industry seeking a tax break to locate in Chester County has already increased the investment in money and jobs it promises to make if it locates here. (Fri, 23 Mar 2007 09:54:11 GMT)

Alexis Nihon Real Estate Investment Trust Q4 & FY06 Earnings Conference Call At 10:00 AM
(RTTNews) - Alexis Nihon Real Estate Investment Trust (AN-UN.TO) CFO Rene Fortin will host a conference call at 10:00 am, to discuss about Q4 & FY06 earnings results. (Fri, 23 Mar 2007 13:32:21 GMT)

SEC Conducts Training Program on Investment Company Regulation, Examination and Enforcement in Mumbai, India
Washington, D.C., March 23, 2007 - The Securities and Exchange Commission today announced the completion of its first-ever foreign regulator training program focused primarily on regulating and examining investment companies and investment advisors. (Fri, 23 Mar 2007 14:11:43 GMT)

China's Vice Finance Minister Calls for More Private Investment in Health Sector
China's vice finance minister calls for more private investment in health sector BEIJING, March 21 (Xinhua)-- China's Vice Minister of Finance Wang Jun on Wednesday called for more private investment in the country's health sector. (Fri, 23 Mar 2007 16:15:38 GMT)

Berry Plastics plans $43 million capital investment
(AP) Berry Plastics Corporation plans to add 49 jobs and a 600,000-square-foot distribution center in southern Indiana. The company says the plan is part of a $43 million capital investment over the next three years. (Fri, 23 Mar 2007 17:02:28 GMT)

Municipal bonds can be a tax-friendly investment
You've made it through another tax season. If you got a refund, you might be pretty satisfied with how things turned out. If you'd like to see a somewhat different outcome in 2008, you might want to review all areas of your tax return, including investment-related taxes. (Fri, 23 Mar 2007 18:19:11 GMT)

The 2007-08 Maryland State Government Technology Investment Forecast Provides Advanced Details on Proposed Government ...
Research and Markets (http://www.researchandmarkets.com/reports/c52628) has announced the addition of "2007-08 Maryland State Government Technology Investment Forecast" to their offering. (Fri, 23 Mar 2007 19:13:02 GMT)

Healthcare Providers Direct, Inc. Makes Announcement Regarding Investment Related Materials
LAWRENCEVILLE, N.J.----Healthcare Providers Direct, Inc. , announced today that it has been receiving complaints from recipients of faxes and other investment related materials through the US Mail that were purportedly disseminated by GEOVision Corporation and Fortunes Capital Group . (Fri, 23 Mar 2007 20:30:00 GMT)

Hottest division at GM is high-powered (investment) vehicle
SAN FRANCISCO (MarketWatch) -- General Motors’ most successful vehicle isn’t the Escalade or Tahoe. Nor is it the iconic Corvette. It's not even a car or truck. It's the massive investment vehicle driven by the asset-management division. (Fri, 23 Mar 2007 21:38:46 GMT)

Creator of tween social network nabs Disney VC investment
Blog: Industrious Kid, creator of tween social-networking site Imbee.com, has attracted an investment from Steamboat Ventures, the venture... (Fri, 23 Mar 2007 23:02:10 GMT)

Famous Artist Turns 90 - Rare Fine Art Investment Opportunity
In an exciting fine art investment opportunity, rare artist’s proofs are now being sold to mark an award-winning artist’s 90th year. Edna Hibel is renowned for her lithographs, and these proofs feature original lithographs transferred to Rosenthal’s finest-quality Bavarian porcelain, using a secret process developed by Hibel. Three Arte Ovales versions were created, the rarest one being 24K Gold. ... (Sat, 24 Mar 2007 07:14:54 GMT)

You can use IRA fund to buy real estate, as long as it's an investment
Q: I read an article recently in the Milwaukee Journal that you had written about buying real estate with IRA money. If we are buying vacant land (forested), can we use our IRA money to purchase this land outright? (Sun, 25 Mar 2007 08:13:08 GMT)

Fairfax Financial: My Most Notorious Investment is Doing Well
John Bethel submits: I once posted that if I had a portfolio 100% in cash, the first thing I'd do is put 5% into Fairfax Financial Holdings . A reader commented that anyone doing that would have 95% and 5% wallpaper. (Sun, 25 Mar 2007 09:43:46 GMT)

Conventions, Conferences and Meetings
The following conventions, conferences and meetings are scheduled for this week in San Francisco: Fawcett Technical Publications VSLive!, today through Thursday, Moscone Center. American Wind Energy Association Wind Power Finance and Investment... (Sun, 25 Mar 2007 11:08:34 GMT)

Cashing in on Credit Card IPOs: Morgan Stanley to Spin-off Discover
Mahesh Reddy submits: Morgan Stanley finally made a decision on Discover credit card operations. Discover, the fourth largest debit and credit card network, will be spun off and shares would be distributed to the investment banks shareholders. (Sun, 25 Mar 2007 11:31:43 GMT)

Bad News from Amgen and Genentech Takes Toll on Biotech
Centient Biotech Investor submits: Biotech took a double hit Friday when both of its two biggest companies traded lower by more than 4%. Amgen was off on very disappointing news about a Vectibix drug trial, and Genentech , with one week left in the quarter, warned the investment community to expect flat [... ] (Sun, 25 Mar 2007 13:27:19 GMT)

NJSO’s investment in ‘golden age’ instruments turned into a liability
Violins and intrigue don't often go together, outside the pages of Sherlock Holmes. Yet even the great detective – and famed violin lover – might have been stumped by the mystery that's unfolded over four years at the New Jersey Symphony Orchestra. (Sun, 25 Mar 2007 13:45:07 GMT)

Veteran's Administration Contractors: A Good Investment - Barron's
Judy Weil submits: Annotated article summary from this weekend's Barron's. Receive all our Barron's summaries by signing up here: Turning Khaki Into Green by Jim McTague Summary: Though criticized recently for poor veteran hospital care, the Veteran's Administration is one of the largest and better run U.S. agencies. (Sun, 25 Mar 2007 15:25:25 GMT)

Billionaire Investor Sam Zell at Glance
NAME: Samuel Zell. PROFESSION: Investor and businessman. TITLES: Co-founder, president and chairman of Chicago-based Equity Group Investments LLC, an entrepreneurial investment firm, and five public companies: Equity Residential , Covanta Holding Corp. , Equity LifeStyle Properties Inc. , Capital Trust Inc. , Anixter International Inc. . (Sun, 25 Mar 2007 17:48:23 GMT)

Sam Zell at a Glance
NAME: Samuel Zell. PROFESSION: Investor and businessman. TITLES: Co-founder, president and chairman of Chicago-based Equity Group Investments LLC, an entrepreneurial investment firm, and five public companies: Equity Residential , Covanta Holding Corp. , Equity LifeSyle Properties Inc. , Capital Trust Inc. , Anixter International Inc. . (Sun, 25 Mar 2007 17:59:34 GMT)

Asset Manager Sy Jacob's Subprime Longs and Shorts
Judy Weil submits: Annotated article summary from this weekend's Barron's. Receive all our Barron's summaries by signing up here: Slow-Motion Train Wreck Picks Up Speed by Sandra Ward Summary: Barron's interviews Sy Jacobs, founder and investment manager of Jacobs Asset Management, whose annual returns have averaged 16.4% since the fund's inception in 1995. (Sun, 25 Mar 2007 18:28:58 GMT)

Investment vet to launch local firm
John Riazzi, a Dayton investment veteran and chief executive officer for Transamerica Investment Management Services Inc., will vacate his post in June and open his own local money management firm. (Mon, 26 Mar 2007 05:12:33 GMT)

Pakistan PM Forecasts More Foreign Investment In Telecoms
ISLAMABAD -(Dow Jones)- Pakistan's telecom sector is likely to attract $4 billion in foreign direct investment over the next few years, Prime Minister Shaukat Aziz forecast Saturday, although mobile phone operators said lowering the tax on activating new subscribers was key to further increasing phone usage. (Mon, 26 Mar 2007 05:17:00 GMT)

Panduit to Increase Investment in Asia-Pacific
By Shyla Sangaran AMERICAN network and electrical solutions provider Panduit Corp plans to increase its investment in Asia-Pacific to strengthen its position in the regional market. (Mon, 26 Mar 2007 06:09:37 GMT)

Finance club holds forum on private equity investment
The Finance and Investment Club sponsored a panel discussion featuring high-profile investment officers from local firms to educate students about the benefits and detriments of private equity investment. About 75 people attended the event, "Private Equity: New Kings of Capitalism or Barbarians at the Gate," Friday evening in Duquès Hall. (Mon, 26 Mar 2007 07:45:53 GMT)

China's Semiconductor Manufacturing seeks strategic investment: FT
HONG KONG (MarketWatch) -- Semiconductor Manufacturing International Corp. , China's biggest chipmaker, has hired investment banks to find a strategic investor willing to help bankroll the company's development plans, the Financial Times reported on its Web site. Semiconductor Manufacturing, which is listed in Hong Kong, has appointed Morgan Stanley and Deutsche Bank AG to lead the process, with ... (Mon, 26 Mar 2007 10:44:50 GMT)

The9 Limited to Present at the 10th Credit Suisse Asian Investment Conference
The9 Limited , a leading online game operator in China, today announced it will present at the 10th Credit Suisse Asian Investment Conference. (Mon, 26 Mar 2007 11:00:00 GMT)

Nettlinx Approves Investment
(RTTNews) - Nettlinx approved investment in Nettlinx Channel, a company to be incorporated for business of Media/TV channel. (Mon, 26 Mar 2007 11:46:53 GMT)

Federal Realty Investment Trust Announces First Quarter 2007 Earnings Release Date and Conference Call Information
Federal Realty Investment Trust will announce first quarter 2007 earnings in a press release to be issued on Wednesday, May 2, 2007. (Mon, 26 Mar 2007 12:00:00 GMT)

Latvia 2006 Non-financial Investment Up 12% To 2006.3 Mln Lats
(RTTNews) - Latvia non-financial investment grew 12% to 2006.3 million lats in 2006, the Central Statistical Bureau said Monday. Non-financial investment in public sector dropped 6% to 649.7 million lats. (Mon, 26 Mar 2007 12:02:13 GMT)

Austin Investment Management Wins Lipper Fund Award
NEW YORK----Austin Investment Management, Inc. announced today that its Global Equity Fund has won the Lipper Fund Award for Consistent Return in the Multi-Cap Core category over a three-year time period. (Mon, 26 Mar 2007 13:00:00 GMT)

Governor Rendell Announces $17 Million Investment to Promote Health Research
Governor Edward G. Rendell today said Pennsylvania researchers will be able to better understand the causes of colorectal cancer, help reduce the need for one type of annual influenza vaccination campaign, and study how genes interact to cause lung cancer with the investment of four grants totaling nearly $17 million. (Mon, 26 Mar 2007 15:00:00 GMT)

SKorean Prez in Kuwait, Seeks Investment
South Korean President Roh Moo-hyun arrived in this small oil-rich state Monday for a two-day visit aimed at attracting Kuwaiti investment in his country. (Mon, 26 Mar 2007 16:19:12 GMT)

China encourages foreign investment in local hospitals
At the “China Development Forum 2007”, Mr. Gao Qiang, China\'s Minister of Ministry of Health stressed that after China’s entry into the WTO (World Trade Organization), Ministry of Health and Ministry of Commerce of PRC announced a joint statement to encourage and support more foreign investment into China to develop more joint-venture hospitals. (Mon, 26 Mar 2007 16:31:43 GMT)

FDI Newswire Exceeds $20 Billion in China Project Investment Opportunities Listed in First Quarter of 2007; More Than ...
SHANGHAI, China & MIAMI----FDI Newswire, the leading information service exclusively designed to promote and facilitate participation in foreign direct investment opportunities in public and private sectors around the globe, today announced it has exceeded the $20 billion mark in Chinese project investment opportunities listed in the first three months of 2007. (Mon, 26 Mar 2007 16:37:00 GMT)

Mildred B. Horejsi Trust Withdraws Tender Offer for All Shares of Putnam California Investment Grade Municipal Trust
The Mildred B. Horejsi Trust announced today that it has withdrawn its tender offer for outstanding shares of common stock of the Putnam California Investment Grade Municipal Trust effective immediately. (Mon, 26 Mar 2007 17:16:00 GMT)

Mark Holmlund to Become Pacific Life's Chief Investment Officer
NEWPORT BEACH, Calif.----Pacific Life Insurance Company's Chief Operating Officer James T. Morris recently announced the title change of Mark W. Holmlund to Executive Vice President and Chief Investment Officer. (Mon, 26 Mar 2007 17:21:00 GMT)

Enhanced Investment Options Added to The AIM College Savings Plan(R)
HOUSTON----AIM Investments announced today that it has made several important enhancements to The AIM College Savings Plan. The changes, which take effect today, include new allocation investment options and lower expenses. (Mon, 26 Mar 2007 17:36:00 GMT)

Philly investment firm opening Pittsburgh office
Curtis Financial Group LLC, a Philadelphia-based investment banking firm, has opened its first regional office, in Pittsburgh. (Mon, 26 Mar 2007 19:04:18 GMT)

CPP Investment Board Signs on to the Extractive Industries Transparency Initiative
CALGARY, ALBERTA-- - In the keynote address at the Conference Board of Canada's National CSR Conference being held today in Calgary, the CPP Investment Board announced that it will become a signatory of the Extractive Industries Transparency Initiative . (Mon, 26 Mar 2007 19:06:09 GMT)

MFC Global Investment Management (U.S.) Names Lynne H. Johnson to Head Client Services
MFC Global Investment Management said that it has named Lynne H. Johnson as managing director and head of client services. Ms. Johnson, who reports to John T. Litzow, Senior Vice President, Institutional Investments and Services, joined the company on March 19. (Mon, 26 Mar 2007 20:52:00 GMT)

Apartment Investment and Management Company Declares Dividends on Class G, T, U, V and Y Cumulative Preferred Stock
Apartment Investment and Management Company announced today that its Board of Directors declared dividends on shares of its Class G, T, U, V and Y Cumulative Preferred Stock. (Mon, 26 Mar 2007 20:59:00 GMT)

`Investment Porn' Panned by DFA Funds Preaching Fama's Gospel
March 27 (Bloomberg) -- Weston Wellington looks out at his new recruits and warns them of one of the great evils of Wall Street: ``investment pornography.'' (Tue, 27 Mar 2007 08:11:57 GMT)

U.K Q4 Business Investment Up 13.5% On Year, Rises 4.5% On Quarter - Final
(RTTNews) - In the United Kingdom, business investment grew revised 13.5% on year in the fourth quarter, a revised report from the National Statistics Office showed Tuesday. Business investment for the fourth quarter was revised up from 11.1% initially estimated. (Tue, 27 Mar 2007 09:01:51 GMT)

Braveheart Investment Raises GBP6.64 Million Via Placing
LONDON -(Dow Jones)- Braveheart Investment Group Tuesday announces that it has raised (conditional on, amongst other things, Admission) approximately GBP6.64 million (before expenses) in a placing of 3,991,020 new Ordinary Shares and the sale of 160,725 existing shares at a price of 160 pence per Ordinary Share. (Tue, 27 Mar 2007 09:31:30 GMT)

UK Q4 business investment growth revised up to 4.5 pct vs Q3 UPDATE
LONDON (AFX) - Fourth quarter business investment in the UK rose 4.5 pct from the previous quarter for an annual rise of 13.5 pct, official figures showed. (Tue, 27 Mar 2007 09:49:56 GMT)

DATAWATCH Upward revision to UK Q4 business investment unlikely to affect GDP
LONDON (AFX) - The upward revision to fourth quarter business investment in the UK is unlikely to lead to any significant revisions to the final estimate of GDP figures. (Tue, 27 Mar 2007 10:19:12 GMT)

Henderson Land to Buy Henderson Investment Assets (Update1)
March 27 (Bloomberg) -- Henderson Land Development Co., a builder controlled by Hong Kong billionaire Lee Shau-kee, will buy assets from its unit Henderson Investment Ltd. for as much as HK$12.1 billion ($1.55 billion). (Tue, 27 Mar 2007 10:40:45 GMT)

UK Business Investment Rises Sharply In Fourth Quarter
(RTTNews) - In the fourth quarter, business investment in the United Kingdom rose 4.5% sequentially, surpassing the original estimate of 3.3% growth, the National Statistics office said Tuesday, in its revised report. (Tue, 27 Mar 2007 10:46:41 GMT)

Brazil Investment Grade Sooner Than Later, Godoy Says (Update1)
March 27 (Bloomberg) -- Brazil will achieve an investment grade rating ``sooner than later'' as new methodology used to determine national output shows that the economy is growing at a faster pace, Treasury Secretary Tarcisio Godoy said. (Tue, 27 Mar 2007 11:25:48 GMT)

Henderson Land to Buy Henderson Investment Assets (Update2)
March 27 (Bloomberg) -- Henderson Land Development Co., a builder controlled by Hong Kong billionaire Lee Shau-kee, said it will buy assets from its investment arm for about HK$12.1 billion ($1.55 billion), after twice failing to buy out the unit. (Tue, 27 Mar 2007 12:10:35 GMT)

Credit union investment group changes name
Hudson Valley Federal Credit Union's investment arm is now called HVFCU Financial Services — formerly known as The Investment Center. (Tue, 27 Mar 2007 14:19:23 GMT)

Wolters Kluwer Financial Services Introduces CCH Policies and Procedures Investment Adviser Manual Online
Wolters Kluwer Financial Services today announced the release of CCH Policies and Procedures Investment Adviser Manual Online. (Tue, 27 Mar 2007 15:30:00 GMT)

GoTV Networks Gets Strategic Investment From Motorola
Sherman Oaks-based GoTV Networks has received a strategic investment from Motorola, Motorola said this morning. Motorola announced that Motorola Ventures, its venture capital arm, made an equity investment in GoTV Networks, which provides mobile television content.... (more) (Tue, 27 Mar 2007 17:01:15 GMT)

Asian Investment In Africa Seen Growing - UN Report
JOHANNESBURG (Dow Jones)--Foreign direct investment in Africa by developing Asian economies is growing and if appropriate policies are adopted could be channeled into more than just natural resources, a U.N. report said Tuesday. (Tue, 27 Mar 2007 17:04:12 GMT)

Investment group launches second run at Riviera
LAS VEGAS, Nevada – For the second time in 12 months, a high-profile private investment group, which includes the founder of Starwood hotels and a Las Vegas real estate developer, is trying to acquire the parent company that owns the Riviera. (Tue, 27 Mar 2007 17:42:34 GMT)

$400M investment may come to Southwest Ohio
DAYTON — A "major pharmaceutical company" may soon announce a $400 million investment between Dayton and Cincinnati, Ohio Gov. Ted Strickland said Tuesday at Sinclair Community College. (Tue, 27 Mar 2007 19:00:35 GMT)

$400M investment may come to southwest Ohio
A "major pharmaceutical company" may soon announce a $400 million investment between Dayton and Cincinnati, Ohio Gov. Ted Strickland said Tuesday at Sinclair Community College. (Tue, 27 Mar 2007 19:04:36 GMT)

Strickland touts investment
Ohio Gov. Ted Strickland on Tuesday indicated that West Chester was the front-runner for a major new investment by Amylin Pharmaceuticals Inc. that could mean hundreds of jobs. (Tue, 27 Mar 2007 21:42:52 GMT)

PNC's Investment Strategist Leaves
Jeffrey Kleintop has left as chief investment strategist at PNC Wealth Management, a unit of one of the nation's biggest banks, to join LPL Financial Services, a retail broker/dealer with a core staff of roughly 1,700. (Tue, 27 Mar 2007 22:00:10 GMT)

Some Democrats Oppose Forcing Iraq To Accept Foreign Investment in Oil
The wartime spending measure passed by the House last week and a related bill being taken up in the Senate put pressure on the Iraqi government to open its oil resources to foreign investment. (Tue, 27 Mar 2007 23:54:08 GMT)

Justices hear case on investment banks, antitrust
WASHINGTON -- Several Supreme Court justices expressed skepticism Tuesday about eliminating the immunity from U.S. antitrust laws Wall Street investment banks generally enjoy. (Wed, 28 Mar 2007 07:52:40 GMT)

How do you calculate the percentage gain or loss on an investment?
How do you calculate the percentage gain or loss on an investment? (Wed, 28 Mar 2007 08:51:43 GMT)

Court may shield investment banks from some IPO suits
WASHINGTON -- Members of the Supreme Court signaled they favor limiting investors' ability to pursue antitrust claims against securities firms, questioning suits that accuse investment banks of rigging initial stock offerings. (Wed, 28 Mar 2007 09:21:21 GMT)

$400M investment in West Chester?
Gov. Ted Strickland on Tuesday indicated that West Chester is the front-runner for a major investment by Amylin Pharmaceuticals. (Wed, 28 Mar 2007 09:46:46 GMT)

GHL Technologies Announces Investor Conference Call On March 28th, 2007 to Open Communication to the Investment ...
BREMERTON, Wash.----GHL Technologies Inc. , a recognized provider of navigational devices for the transportation industry, is pleased to invite the investment community to an open forum conference call to discuss Company plans and goals. (Wed, 28 Mar 2007 11:45:00 GMT)

Accsys signs new supply deal, €22m investment
LONDON (SHARECAST) - Accsys Technologies has announced a strategic partnership and long term exclusive supply agreement with Celanese Corp and a €22m investment in the group by the US firm, it said today. (Wed, 28 Mar 2007 12:38:30 GMT)

Venture Michigan Fund I Makes Investment Commitment to Develop Emerging Economic Sectors
SOUTHFIELD, Mich.----The Venture Michigan Fund I , announced today that it has made an investment commitment to EDF Ventures , an Ann Arbor based venture capital firm focused on making seed and early stage investments in life sciences and information technology companies. (Wed, 28 Mar 2007 12:45:00 GMT)

Amylin could make major investment in West Chester
A pharmaceutical company is expected to make a $400 million investment in southwestern Ohio, Gov. Ted Strickland said Tuesday during a stop at Sinclair Community College in Dayton. (Wed, 28 Mar 2007 12:49:41 GMT)

Investment Managers Urge Repeal of Rule 13-F
NEW YORK----Two investment managers today called upon the U.S. Securities and Exchange Commission to impose a moratorium on the enforcement of Rule 13 in order to evaluate its costs and benefits. (Wed, 28 Mar 2007 13:00:00 GMT)

Asia bank warns China to curb investment
The Asian Development Bank has warned that China's failure to restrain its rapid growth in investment could lead to overcapacity and falling prices. (Wed, 28 Mar 2007 13:45:54 GMT)

India SEBI Chairman: Mulling Regulation For Investment Advisors
MUMBAI -(Dow Jones)- The Securities and Exchange Board of India is considering introducing a regulation for investment advisors, said its chairman M. Damodaran Wednesday. (Wed, 28 Mar 2007 13:46:51 GMT)