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Investment News Dec 2007

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LaSalle lifts Asia property investment to $20 bln
LaSalle Investment Management is raising investment in Asia over the next three to four years to up to $20 billion as investor appetite for the region grows despite a credit squeeze, an executive said on Friday. (Fri, 14 Dec 2007 07:56:05 GMT)

Profit With Investment Policy Statements
Broadly speaking, an investment policy statement (IPS) is a document that defines how an investment portfolio is managed. Investment policy statements have long been used by investors that manage large portfolios. (Fri, 14 Dec 2007 09:33:15 GMT)

China investment pace remains hot
BEIJING (Reuters) - Chinese capital spending in November barely slowed from record heights despite curbs on lending, showing that the central bank's task in keeping the economy from overheating remains formidable. (Fri, 14 Dec 2007 09:58:19 GMT)

Vietnam-Qatar to establish US $1 billion Vietnam investment fund
Nhan Dan Online – Vietnam and Qatar have agreed to establish a Vietnam Investment Fund worth US $1 billion in which Qatar will contribute 90% of the capital and Vietnam, 10% to promote developmental investment and foreign trade of goods, services and labour. (Fri, 14 Dec 2007 10:19:18 GMT)

Irons overlord Gudmundsson plans investment
Hammers overlord Gudmundsson plans investment by England (Fri, 14 Dec 2007 10:36:03 GMT)

RFID Solutions: Arcapita Ventures Co-Leads $15.5M Series C Investment In Intelleflex Corporation
Arcapita Ventures, a $200M growth and expansion stage venture capital fund, recently announced it has closed an investment in Intelleflex Corporation, the leader in Extended Capability RFID. (Fri, 14 Dec 2007 10:56:56 GMT)

Europe needs high-risk investment
Neon Kelly, Computing , Friday 14 December 2007 at 00:00:00 Pre-commercial public procurement will improve innovation, says the Commission The European Commission wants to increase public spending in high-risk technology research and increase competition with the US. The traditional approach to public procurement favours investment in products that already... >  Read the full ... (Fri, 14 Dec 2007 11:13:45 GMT)

FACTBOX-Investment bank views on 2008
Dec 13 - Following are some thoughts on economic and financial market trends in 2008 from various leading investment banks. (Fri, 14 Dec 2007 11:15:18 GMT)

China's fixed-asset investment rose by 26.8 percentage
Beijing, Dec 14 (Xinhua) China's urban fixed-asset investment rose by 26.8 percent in the first 11 months of 2007, the National Bureau of Statistics (NBS) said Friday. (Fri, 14 Dec 2007 11:19:40 GMT)

Citigroup will assume control of 7 'structured investment vehicles' with $49 billion in assets
Citigroup Inc. said Thursday it plans to assume control of the seven "structured investment vehicles" the bank advises to help them repay their debts. (Fri, 14 Dec 2007 11:25:09 GMT)

Lombard Announces $18.2 Million Investment in SNC Former PCL
SAN FRANCISCO, Dec. 11 -- Lombard Investments, Inc. is pleased to announce an investment of US$18.2 million in SNC Former Public Company Limited, (ticker symbol SNC.BK), Thailand's leading manufacturer of air conditioner parts for the automotive and housing industries. Lombard, now holding a 16.6% interest in SNC, will join the company's board of directors at its first meeting in 2008. Lombard ... (Fri, 14 Dec 2007 14:01:41 GMT)

Berlin opposes EU directive restricting investment in energy sector
“We are skeptical regarding the EU Commission’s proposals banning investment in the transportation network by third countries. In Germany the door to foreign investment is wide open,” Glos said. (Fri, 14 Dec 2007 14:17:56 GMT)

Liberia: Many Hail Arcelor Mittal's Added Investment
Several Liberians have welcome and lauded the move by Arcelor Mittal for increasing its investment package in Liberia. (Fri, 14 Dec 2007 14:24:07 GMT)

Beware of holiday investment fraud: NASAA warns
The North American Securities Administrators Association today cautioned investors to be wary of risky investment schemes during the holiday season. “Investment fraud does not take a holiday,” said Karen Tyler, NASAA president and North Dakota Securities Commissioner. (Fri, 14 Dec 2007 14:46:55 GMT)

FACTBOX-Investment banks' 2008 outlooks for European credit
(Reuters) - The following are summaries of investment bank and rating agency outlooks for European corporate bonds and credit in 2008 after a volatile year due to the fall-out from the U.S. subprime mortgage crisis. (Fri, 14 Dec 2007 15:02:00 GMT)

Liberia: US$3 Billion Investment Hitches
Some senior officials within the current administration and key government ministries are reportedly undermining investment opportunity in demands of 'kick-backs' from investors. (Fri, 14 Dec 2007 15:09:31 GMT)

TGK-7 shareholders approve additional share issue for investment
MOSCOW. Dec 14 (Interfax) - Shareholders in Volga Territorial Generating Company (TGK-7) voted on Friday to hold an additional share issue to raise investment, a source with knowledge of the meeting told Interfax. (Fri, 14 Dec 2007 16:38:19 GMT)

China Asset Investment Keeps Rising
China's investments in factories, real estate and other urban assets surged 26.8 percent in the first 11 months of this year despite government curbs meant to prevent runaway spending, according to data reported Friday. Total investment in such fixed... (Fri, 14 Dec 2007 17:52:16 GMT)

Gold Investment Seen As Strong in '08
Analysts expect gold investment to be strong in 2008 for many of the same reasons it was robust during latter 2007 -- a soft dollar, fears of inflation and flight-to-safety amid credit-market worries. (Fri, 14 Dec 2007 20:27:21 GMT)

Newcastle Investment Sets Dividend
Newcastle Investment Corp. on Thursday announced a regular quarterly dividend of 72 cents per share. The real estate investment trust said it will pay the dividend Jan. 30 to shareholders of record Dec. 31. (Fri, 14 Dec 2007 20:43:39 GMT)

Lack of investment affects community-based tourism
The Zimbabwe Tourism Authority said on Friday lack of investment is hampering the development of community-based tourism in the country. (Sat, 15 Dec 2007 04:37:33 GMT)

City Pulls Money Out Of Investment Pool
The city last month withdrew $56 million from a troubled state-run investment pool. (Sat, 15 Dec 2007 05:07:36 GMT)

Beaches cities got out of state investment fund just in time
Beaches municipalities have not been damaged by a state investment pool that's suffering from the downslide of sub-prime mortgage securities. (Sat, 15 Dec 2007 05:34:27 GMT)

Orix in talks to take over British investment bank Close Brothers
LONDON — Japanese financial group Orix Corp is in talks to take over British investment bank Close Brothers, the Financial Times reported Saturday. (Sat, 15 Dec 2007 06:38:12 GMT)

Emirates International Investment Company to establish Abu Dhabi's first clinker-cement factory for Dhs1.5bn
Emirates International Investment Company (EIIC) plans to establish an Dhs1.5bn clinker-cement factory in Abu Dhabi city. (Sat, 15 Dec 2007 07:34:15 GMT)

GFH's mega India investment
GFH's mega India investment (Sat, 15 Dec 2007 08:02:18 GMT)

Senator wants to split investment pool
HELENA — A state senator said he pre-filed a bill for the 2009 Legislature to split the state’s Short Term Investment Pool into two — with one part for state agency funds and the other for local government and school district money. (Sat, 15 Dec 2007 08:28:59 GMT)

Hillsborough might sue after state-run investment pool meltdown
When the state allowed massive withdrawals from the Local Government Investment Pool in November -- knowing that the liquidity of some of its investments was impaired -- its managers were violating both state law and their own operating rules, Hillsborough County officials are charging. (Sat, 15 Dec 2007 09:34:30 GMT)

Hillsborough might sue after state-run investment pool meltdown
When the state allowed massive withdrawals from the Local Government Investment Pool in November -- knowing that the liquidity of some of its investments was impaired -- its managers were violating both state law and their own operating rules, Hillsborough County officials are charging. (Sat, 15 Dec 2007 09:41:52 GMT)

Former Bessemer, Ala., revenue director arrested in investment fraud
Former Bessemer revenue director Ryan Rancher has been arrested on charges of first-degree theft, fraud and acting as an investment adviser without a license, the Alabama Securities Commission announced Friday. (Sat, 15 Dec 2007 09:43:18 GMT)

Phu Tho calls for investment
Nhan Dan – Northern Phu Tho provincial People’s Committee organised an investment promotion conference in Ho Chi Minh City on December 13, calling for investment in the locality. (Sat, 15 Dec 2007 10:03:52 GMT)

Bill would split investment pool
HELENA - A state senator said he pre-filed a bill for the 2009 Legislature to split the state's Short Term Investment Pool into two - with one part for state agency funds and the other for local government and school district money. Sen. Dave Lewis, R ... (Sat, 15 Dec 2007 10:22:15 GMT)

Bill would split investment pool
HELENA - A state senator said he pre-filed a bill for the 2009 Legislature to split the state's Short Term Investment Pool into two - with one part for state agency funds and the other for local government and school district money. (Sat, 15 Dec 2007 10:25:29 GMT)

You need to align your investment risk with your age
Complex investment choice has increasingly become the order of the day for individual investment products and retirement funds. (Sat, 15 Dec 2007 11:08:55 GMT)

U.S. stocks seen rocky next week as investment banks report
SAN FRANCISCO (MarketWatch) - The global credit crisis is expected to hang over the U.S. stock market again next week as three of Wall Street's largest investment banks report earnings, though any more subprime mortgage surprises could be offset by what are expected to be some strong earnings from the technology industry, strategists said. (Sat, 15 Dec 2007 12:08:24 GMT)

U.S. stocks seen rocky next week as investment banks report
SAN FRANCISCO (MarketWatch) - The global credit crisis is expected to hang over the U.S. stock market again next week as three of Wall Street's largest investment banks report earnings, though any more subprime mortgage surprises could be offset by what are expected to be some strong earnings from the technology industry, strategists said. (Sat, 15 Dec 2007 17:08:24 GMT)

Perry appoints BC man to Workforce Investment Council
Gov. Rick Perry recently announced the appointment of Bridge City businessman Danny Prosperie and three other Texans to the Texas Workforce Investment Council. (Sat, 15 Dec 2007 19:00:59 GMT)

U.S. stocks seen rocky next week as investment banks report
SAN FRANCISCO (MarketWatch) - The global credit crisis is expected to hang over the U.S. stock market again next week as three of Wall Street's largest investment banks report earnings, though any more subprime mortgage surprises could be offset by what are expected to be some strong earnings from the technology industry, strategists said. (Sat, 15 Dec 2007 22:23:24 GMT)

Say Goodbye to Frustrating Investment Strategies -- Building an Effective Investment Plan Is a Breeze With Easy-to-Use ...
Until now, building the right investment portfolio hasn't been easy. That's changing quickly. (Sun, 16 Dec 2007 03:45:00 GMT)

Julphar and Global Investment House to establish Dhs900m MENA pharmacy chain
Julphar, a pioneer in pharmaceutical manufacturing industry in the Arab World and the largest generics manufacturing company in the Middle East, and Global Investment House (Global), the leading manager of private equity investments in the region, announced the formation of Planet Pharmacies LLC (Planet). (Sun, 16 Dec 2007 07:19:17 GMT)

Bill would split investment pool
HELENA - A state senator said he pre-filed a bill for the 2009 Legislature to split the state's Short Term Investment Pool into two - with one part for state agency funds and the other for local government and school district money. (Sun, 16 Dec 2007 08:10:37 GMT)

BEND, Ore. Analysts expect gold investment to be strong in 2008 f...
BEND, Ore. Analysts expect gold investment to be strong in 2008 for many of the same reasons it was robust during latter 2007 - a soft dollar, fears of inflation and flight-to-safety amid credit-market worries. Some said that the high price - with spot metal last month hitting $845 an ounce for the first time since 1980 - could curb enthusiasm for consumer purchases such as jewelry. Still, ... (Sun, 16 Dec 2007 08:16:23 GMT)

South Korea allocates $21.5b for overseas energy investment
South Korea allocates $21.5b for overseas energy investment (Sun, 16 Dec 2007 08:16:27 GMT)

Bill would split investment pool
HELENA - A state senator said he pre-filed a bill for the 2009 Legislature to split the state's Short Term Investment Pool into two - with one part for state agency funds and the other for local government and school district money. Sen. Dave Lewis, R ... (Sun, 16 Dec 2007 08:22:02 GMT)

Emirates Investment Services Ltd Announces Fund Performance and Launches New Shari'a Compliant Products
United Arab Emirates, Dubai- 16 th December 2007: Emirates Investment Services Limited ("EIS"), a company licensed and regulated by the Dubai Financial Services Authority, today announced it had written more than AED one billion of investments in the first nine months of operations from the Dubai International Financial Centre. (Sun, 16 Dec 2007 11:46:26 GMT)

OCPB to publish suspicious investment schemes on its web site
"We will describe the suspicious schemes without identifying the company's name," OCPB Rasamee Vistaveth said Sunday, "This should help prevent frauds". Currently, hundreds of people have found themselves victims of large fraudulent investment schemes. (Sun, 16 Dec 2007 11:53:57 GMT)

Emirates Int'l Investment to establish Abu Dhabi's AED1.5bn clinker-cement factory
Emirates Int'l Investment to establish Abu Dhabi's AED1.5bn clinker-cement factory (Sun, 16 Dec 2007 12:06:16 GMT)

Emirates Investment Services Ltd announces fund performance and launches new Shari'a compliant products
Emirates Investment Services Limited (EIS), a company licensed and regulated by the Dubai Financial Services Authority, announced it had written more than Dhs1bn of investments in the first nine months of operations from the Dubai International Financial Centre. (Sun, 16 Dec 2007 13:04:08 GMT)

Mawarid Finance moves into foreign investment
Mawarid Finance has become an establishing member in the association of leading investors who have set up First Investment Bank in Bahrain. (Sun, 16 Dec 2007 13:04:18 GMT)

How the 2007 Investment Roundtable stock picks fared
How the 2007 Investment Roundtable stock picks fared: (Mon, 17 Dec 2007 01:36:14 GMT)

Auckland International Airport Advises Shareholders To Reject Canadian Pension Plan Investment Board Offer - Quick Facts
(RTTNews) - New Zealand's Auckland International Airport said that its board of directors advised its shareholders to reject the partial takeover offer from the Canadian Pension Plan Investment Board or "CPPIB" for NZ$3.6555 per share, as the offer did not fully reflect the value of the airport. (Mon, 17 Dec 2007 01:42:07 GMT)

Auckland Airport Board Recommends Shareholders To Reject Canada Pension Plan Investment Board Bid - Update
(RTTNews) - Sunday evening, the board of directors of New Zealand's Auckland International Airport unanimously recommended that the company's shareholders reject the partial takeover offer for the company from the Canadian Pension Plan Investment Board or "CPPIB" for NZ$3.6555 per share, saying that the offer did not fully reflect the company's value. (Mon, 17 Dec 2007 02:56:18 GMT)

Auckland Airport Board Recommends Shareholders To Reject Canada Pension Plan Investment Board Bid - Update
(RTTNews) - Sunday evening, the board of directors of New Zealand's Auckland International Airport unanimously recommended that the company's shareholders reject the partial takeover offer for the company from the Canadian Pension Plan Investment Board or "CPPIB" for NZ$3.6555 per share, as the offer did not fully reflect the company's value. (Mon, 17 Dec 2007 03:11:18 GMT)

New investment fund will target Hawaii's clean-technology firms
Investment firm Kolohala Ventures, managed by Michael Pfeffer, has joined with Maunalua Bay Capital to create a new investment fund aimed at Hawaii's clean-technology companies. (Mon, 17 Dec 2007 05:24:11 GMT)

Proposed investment rules for BWC cause rift among state legislators
State Rep. William Batchelder has won the first round in his fight to make the Ohio Bureau of Workers' Compensation walk the same investment line as insurance companies that operate in the state. (Mon, 17 Dec 2007 05:57:58 GMT)

Investment firm expands downtown
Bucking the trend of several investment firms leaving downtown Dayton, UBS Financial Services Inc. is expanding its downtown presence. (Mon, 17 Dec 2007 06:01:49 GMT)

China's 1st JV investment bank obtains QDII quota
China International Capital Corp. (CICC), the country's first joint-venture investment bank, acquired a qualified domestic institutional investor (QDII) investment quota of 5 billion U.S. dollars, a senior foreign exchange management offici ... (Mon, 17 Dec 2007 06:41:58 GMT)

Investors Await Earnings Reports From Investment Banks, Housing Data, Inflation Reading
Madlen Read December 16, 2007 - 1:03 p.m. NEW YORK (AP) - This week's data on investment bank earnings, the housing downturn and inflation will help investors decide how the economy and corporate America are faring as they head into the new year. (Mon, 17 Dec 2007 06:53:08 GMT)

Investors Await Earnings Reports From Investment Banks, Housing Data, Inflation Reading
Madlen Read December 16, 2007 - 1:03 p.m. NEW YORK (AP) - This week's data on investment bank earnings, the housing downturn and inflation will help investors decide how the economy and corporate America are faring as they head into the new year. (Mon, 17 Dec 2007 06:53:18 GMT)

Investors Await Earnings Reports From Investment Banks, Housing Data, Inflation Reading
Madlen Read December 16, 2007 - 08:51 a.m. NEW YORK (AP) - This week's data on investment bank earnings, the housing downturn and inflation will help investors decide how the economy and corporate America are faring as they head into the new year. (Mon, 17 Dec 2007 06:53:28 GMT)

RUXX investment index set to open 1.4% down
MOSCOW, December 17 (RIA Novosti) - Russia's investment index will open Monday at 937,11 points, down 1.4% following Friday evening's sessions on major world trading floors. (Mon, 17 Dec 2007 07:20:31 GMT)

giants' war: India vs China: global finance, outsourcing, trade, investment, politics, job
Which nation is to lead this century, China, India, or America? Why is 21st century could be dominated by Asians or Chinese? What is behind Chinese and Asian strengths in outsourcing, finance, competition, labor, management, investment, consumption, politics, and strategies? (Mon, 17 Dec 2007 09:16:30 GMT)

Investment themes for 2008
Will a US recession and Wall Street crash follow on from the credit crunch of 2007? What are the implications for GCC investors? 2008 will be a year for the cautious investor but everybody has to keep their money somewhere. So what are the main investment themes for 2008? (Mon, 17 Dec 2007 09:19:28 GMT)

HannStar to acquire Huali Investment, to become the largest shareholder of CF maker Sintek
The board of directors at HannStar Display has approved the acquisition of 100% of Huali Investment's common shares. Through the transaction, HannStar will indirectly acquire 12.98% of Taiwan-based color filter (CF) maker Sintek Photronic's shares, according to a HannStar press release. (Mon, 17 Dec 2007 09:30:17 GMT)

Malaysia AMMB's investment unit to scrap Saudi j-v
KUALA LUMPUR, Dec 17 - The investment bank unit of Malaysia's fifth-largest lending group, AMMB Holdings , will scrap a planned capital market investment in Saudi Arabia, AMMB said on Monday in a stock exchange statement. (Mon, 17 Dec 2007 10:13:53 GMT)

Malaysia AMMB's investment unit to scrap Saudi j-v
KUALA LUMPUR, Dec 17 - The investment bank unit of Malaysia's fifth-largest lending group, AMMB Holdings , will scrap a planned capital market investment in Saudi Arabia, AMMB said on Monday in a stock exchange statement. (Mon, 17 Dec 2007 10:13:53 GMT)

EIS launches two new Islamic products; investment at Dh1b - UAE
EIS launches two new Islamic products; investment at Dh1b - UAE (Mon, 17 Dec 2007 11:09:08 GMT)

Investment group buys out Santa Rosa subdivision
SANTA ROSA – A San Francisco investment group is buying and renting the last 33 of 56 new townhouses built by local homebuilder Cobblestone Homes at the east Santa Rosa subdivision called Streamside. (Mon, 17 Dec 2007 11:14:54 GMT)

Related Cos. Receives $1.4B Investment
Privately held real estate company Related Cos. said Monday it received an equity and debt investment of nearly $1.4 billion from businesses including Goldman Sachs. (Mon, 17 Dec 2007 12:34:39 GMT)

Sensex tumbles 769 pts on possible fall in foreign investment
Mumbai, Dec.17 (ANI): The Bombay Stock Exchange's 30-share index tumbled 769 points on Monday over fears of foreign investment will slow down in the wake of rising inflation in the US. The BSE 30-share index fell by 769.48 points to 19,261.35 as most heavy-weight shares in metal, refinery, capital goods and banking shares declined. It touched the day's high of 20,032.67 and low of ... (Mon, 17 Dec 2007 12:52:21 GMT)

Minister calls for more investment for sports
Koforidua, Dec. 17, GNA - The Deputy Eastern Regional Minister, Mr Ofosu Asamoah has called for more investment in sports to attract large numbers of the youth to help reduce the rate of crime wave and armed robbery in the country. (Mon, 17 Dec 2007 13:52:49 GMT)

Investment management firms to merge
Kanawha Investment & Trust of Charleston and McKinley Investment Group of Wheeling will merge, the companies announced. (Mon, 17 Dec 2007 14:07:04 GMT)

Gold futures flat as investment demand wavers
NEW YORK (MarketWatch) -- Gold futures traded flat on Monday, as falling crude-oil prices and firmness in the U.S. dollar lowered investment demand for the precious metal. (Mon, 17 Dec 2007 14:23:51 GMT)

Related Cos. Receives $1.4B Investment
Related Cos., developer of the Time Warner Center in New York, received equity and debt investments of nearly $1.4 billion from the investment arm of the Abu Dhabi government and others, the privately held real estate company said Monday. (Mon, 17 Dec 2007 16:05:21 GMT)

RBC Asset Management amends investment strategies of two pooled funds
RBC Asset Management Inc. today announced that it is amending the investment strategies of the RBC Private O'Shaughnessy Canadian Equity Pool and the RBC Private O'Shaughnessy U.S. Growth Equity Pool, effective Jan. 14, 2008. Both Pools are sub-advised by O'Shaughnessy Asset Management. (Mon, 17 Dec 2007 16:47:14 GMT)

Related Cos. receives $1.4B investment
Related Cos., developer of the Time Warner Center in New York, received equity and debt investments of nearly $1.4 billion from the investment arm of the Abu Dhabi government and others, the privately held real estate company said Monday. (Mon, 17 Dec 2007 17:03:12 GMT)

Sinclair makes investment in apartment complexes
Sinclair Broadcast Group Inc. said Monday it has made a $3.1 million investment in two apartment complexes. (Mon, 17 Dec 2007 22:37:29 GMT)

Amazing Loans Announces New Loan Agreement with Investment Evolution Global (AZD.AX, 00796720, 20071218)
Amazing Loans announced that it has entered into a replacement loan facility with Investment Evolution Global Limited for $20m (an increase of $5 million from the previous $15m facility). The terms are a facility fee of $10,000 with an interest rate of 10% pa. The facility repayment date is 31 March 2008. This increases total loan facilities from $30m to $35m (the $35m doesn't include the $100m ... (Tue, 18 Dec 2007 02:04:00 GMT)

Investment unrelated to possible Dolphins sale, sources say
The Related Companies, the New York real estate firm whose chairman and CEO is looking at buying the Dolphins, announced Monday it has received $1.4 billion from a slate of investors that includes Goldman Sachs, the investment company for Michael S. Dell and Middle Eastern interests. (Tue, 18 Dec 2007 04:07:36 GMT)

Stuart to hire an investment manager
Stuart city commissioners today authorized staff to advertise for an investment manager to oversee the city's investments. (Tue, 18 Dec 2007 04:09:29 GMT)

Stuart to hire an investment manager
Stuart city commissioners today authorized staff to advertise for an investment manager to oversee the city's investments. (Tue, 18 Dec 2007 04:09:39 GMT)

Angel Investment Network to help businesses
Angel investment groups exist across the country, but Binghamton has been without one until now. The Southern Tier Opportunity Coalition has organized a group of individuals seeking to foster new business. News 10 Now's Dana Hendrickson tells us they could invest anywhere from $100,000 to $1 million in start-up businesses. (Tue, 18 Dec 2007 05:06:16 GMT)

Nigeria: Odua Investment Gets New Board Members
FOUR of the five owner states of Odu'a Investment Company Limited (Oyo, Ogun, Osun and Ondo) have appointed a non-Executive Director, each to represent the interest of their respective states. (Tue, 18 Dec 2007 07:07:07 GMT)

Finam Investment Company Backs FalconStor Solutions For Data Protection And Enhanced Storage Performance
FalconStor Software, Inc. the market leader in disk-based data protection solutions, recently announced that Finam Investment Company, a leading Russian brokerage firm, has deployed the FalconStor Network Storage Server (NSS) solution powered by the FalconStor IPStor Enterprise Edition, to ensure business continuity and enhanced storage performance. (Tue, 18 Dec 2007 07:58:50 GMT)

Investment firm makes fast change
A prominent Sacramento-area investment firm left clients surprised and scrambling for answers Monday after it unexpectedly bolted for another Wall Street brokerage house. (Tue, 18 Dec 2007 08:07:43 GMT)

FACTBOX-Investment bank views on 2008
Dec 18 - Following are some thoughts on economic and financial market trends in 2008 from various leading investment banks. (Tue, 18 Dec 2007 08:28:02 GMT)

Investment dealers group approves merger with share-trade regulator
Canadian securities firms have voted 98.3 per cent in favour of combining the self-regulatory Investment Dealers Association with Market Regulation Services, the overseer of stock-market trading. (Tue, 18 Dec 2007 09:51:38 GMT)

PIDC Expects Return On Investment Within 7 Years (Malaysian National News Agency
KUALA LUMPUR, Dec 18 (Bernama) -- The Penang International Dental College (PIDC), due to start operations in April next year, expects to break even on its RM55 million investment in the seventh year of business. (Tue, 18 Dec 2007 09:53:15 GMT)

Gazprom estimates investment in gas field
RBC, 18.12.2007, Moscow 12:40:09. The total investment to be made in Yuzhno-Russkoye gas condensate field project is estimated at EUR2bn, Chairman of Gazprom's Board of Directors Alexander Medvedev told journalists today, adding that Gazprom had already invested EUR850m. (Tue, 18 Dec 2007 10:14:28 GMT)

Investment in Indonesia expected to grow 15.2 percent
Capital Investment Coordination Board (BKPM) Chief M. Lutfi said investment in Indonesia is expected to grow by 15.2 percent in 2008 or faster than 12.54 percent as projected by the Finance Ministry. (Tue, 18 Dec 2007 10:52:13 GMT)

Angel Investment Network to help businesses
Angel investment groups exist across the country, but Binghamton has been without one until now. The Southern Tier Opportunity Coalition has organized a group of individuals seeking to foster new business. News 10 Now's Dana Hendrickson tells us they could invest anywhere from $100,000 to $1 million in start-up businesses. (Tue, 18 Dec 2007 11:06:45 GMT)

Nigeria: Investment Drive - NIPC Rakes in N232bn Yearly
Executive Secretary of the Nigerian Investment Promotion Commission (NIPC), Alhaji Mustapha Bello has disclosed that the investment drive of the Commission is attracting about N232 billion (2 billion dollars) into the economy every year . (Tue, 18 Dec 2007 11:21:48 GMT)

Investment Commission meets PM; discusses investment climate
New Delhi, Dec 3 (PTI) Noted industrialist and Chairman of the Investment Commission Ratan Tata today met Prime Minister Manmohan Singh and discussed ways for boosting investments in the (Tue, 18 Dec 2007 11:51:20 GMT)

Baseball items sold to recoup Ohio agency’s investment losses
COLUMBUS, Ohio (AP) — A cracked bat once used by Hall of Fame slugger Reggie Jackson, autographs from Yankees great Mickey Mantle and other memorabilia were among the latest items sold by a government agency seeking to recoup money from a former Republican fundraiser who stole from a $50 million investment fund he managed for the state. (Tue, 18 Dec 2007 12:04:30 GMT)

Baseball items sold to recoup Ohio agency’s investment losses
COLUMBUS, Ohio (AP) — A cracked bat once used by Hall of Fame slugger Reggie Jackson, autographs from Yankees great Mickey Mantle and other memorabilia were among the latest items sold by a government agency seeking to recoup money from a former Republican fundraiser who stole from a $50 million investment fund he managed for the state. (Tue, 18 Dec 2007 12:27:56 GMT)

The Databook Voice/Data Convergence Investment in Media H2 2006 Has Been Drawn From Interviews with 40 IT Managers
Research and Markets (http://www.researchandmarkets.com/reports/c77519) has announced the addition of Voice/Data Convergence Investment In Media H2 2006 (Databook) to their offering. (Tue, 18 Dec 2007 13:32:00 GMT)

Goldman Sachs fourth-quarter profit up 2 percent, driven by investment banking
Goldman Sachs Group Inc., the world's largest investment bank, on Tuesday easily beat Wall Street expectations for the fiscal fourth quarter, driven by gains in its investment banking and financial advisory segments. (Tue, 18 Dec 2007 13:40:10 GMT)

UK Q3 business investment revised higher
Business investment in Britain rose two percent in the third quarter to stand 6.6 percent higher than the same period a year ago, data showed on Tuesday. (Tue, 18 Dec 2007 13:46:00 GMT)

Investment In Indonesia To Grow 15.2 Pct Next Year (Malaysian National News Agency
JAKARTA, Dec 18 (Bernama) -- Indonesian Capital Investment Coordination Board (BKPM) Chief M. Lutfi said investment in Indonesia is expected to grow by 15.2 percent next year, faster than the 12.54 percent projected by the Finance Ministry. (Tue, 18 Dec 2007 13:50:40 GMT)

India hopes to attract USD 4 billion investment in oil exploration
New Delhi, Dec 13 (PTI) India expects to attract at least four billion dollars of investment in oil and gas hunt in the seventh round of auction of acreage under New Exploration Licensing Policy (Tue, 18 Dec 2007 14:01:57 GMT)

Goldman Sachs Fourth-Quarter Profit Up 2 Percent, Driven by Investment Banking
NEW YORK (AP) - Goldman Sachs Group Inc. on Tuesday said higher investment banking fees and smart bets in mortgage-backed bonds helped it easily beat Wall Street expectations for the fourth fiscal quarter. (Tue, 18 Dec 2007 14:07:48 GMT)

Goldman Sachs Fourth-Quarter Profit Up 2 Percent, Driven by Investment Banking
NEW YORK (AP) - Goldman Sachs Group Inc. on Tuesday said higher investment banking fees and smart bets in mortgage-backed bonds helped it easily beat Wall Street expectations for the fourth fiscal quarter. (Tue, 18 Dec 2007 14:07:58 GMT)

Wachovia lays off 20 in investment-bank unit
Wachovia Corp. has cut 20 positions in the fixed-income division of its corporate and investment bank. (WB) (Tue, 18 Dec 2007 14:42:37 GMT)

Northeast will be made investment destination: Aiyar
New Delhi, Dec 18 (IANS) The government's Look East policy has not benefited the people of the Northeast and it has now initiated steps to accelerate the region's economic growth and help make it an 'investment destination'. (Tue, 18 Dec 2007 15:21:04 GMT)

Related Cos. gets $1.4B investment
Related Cos., a real estate developer with strong connections to South Florida, has netted a nearly $1.4 billion equity and debt investment -- the first outside investment in the company. (Tue, 18 Dec 2007 17:02:09 GMT)

Sector Snap: Investment Banks Fall
Goldman Sachs Group Inc.'s earnings, which beat analysts' estimates, weren't enough to propel beleaguered investment banks' shares in Tuesday trading -- not even those of Goldman itself. (Tue, 18 Dec 2007 18:26:13 GMT)

Mideast investment conference due in Bethlehem: British PM
Britain and the United States together will organize a Middle East investment conference in Bethlehem in March or April, Prime Minister Gordon Brown said Tuesday. (Tue, 18 Dec 2007 19:52:46 GMT)

Survey: JPMorgan Chase top investment bank
JPMorgan Chase & Co. came out on top as the nation's best investment bank in an inaugural survey by Institutional Investor. (Tue, 18 Dec 2007 20:38:17 GMT)

US, Britain to organise Mideast investment conference
Britain and the United States will co-host a Middle East investment conference in Bethlehem next year, Prime Minister Gordon Brown said Tuesday, a day after a major donors' conference in Paris. (Tue, 18 Dec 2007 20:41:08 GMT)

Grupo Lar To Boost Mexico Investment To $990 Million In 2008
MEXICO CITY -(Dow Jones)- Spanish developer Grupo Lar plans to boost its investment in Mexican real estate to $990 million in 2008 from $617 million this year, a top company executive said Tuesday. (Wed, 19 Dec 2007 00:26:19 GMT)

DryShips Shares Rise After Investment
Shares of DryShips Inc. rose along with the broader market Tuesday, as investors expressed optimism about the company's planned investment in an offshore drilling contractor. (Wed, 19 Dec 2007 00:33:11 GMT)

St. Mary Announces 2008 Capital Investment Budget of $626 Million and Sets Production Target for 2008; Schedules ...
St. Mary Land & Exploration Company (NYSE:SM) today announces its capital investment budget and production target for 2008. Tony Best, President and CEO, commented, "Our 2008 capital program is designed to provide solid economic ... (Wed, 19 Dec 2007 01:41:38 GMT)

Duluth Housing Investment Fund Stirs Questions
The Housing Investment Fund is once more out in the cold. The Duluth City Council overturned a mayoral veto when it passed the city's amended budget last night. The controversy arose over a half million dollar grant to the Housing Investment Fund. Julie Pearce explains: (Wed, 19 Dec 2007 05:35:22 GMT)

Florida investment chief looks to privatize many state funds
State investment chief suggests private managers for state investment pool in the hopes it would prevent another subprime mortgage market meltdown. (Wed, 19 Dec 2007 06:55:12 GMT)

Rs 18 crore investment in Haryana Energy Action Plan
The Haryana chief minister Bhupinder Singh Hooda on Tuesday released the Haryana Energy Conservation Action Plan for five years 2007-2012 involving an investment of Rs 18.38 crore to promote energy conservation in the state. The chief minister was speaking at a state-level seminar on energy conservation organised by Haryana Department of Renewable Energy and Bureau of Energy Efficiency of the ... (Wed, 19 Dec 2007 07:09:19 GMT)

India's leader says economy doing well, but US slowdown may hit exports, investment
A likely economic slowdown in the United States may hurt India's exports and inflow of investment, although the country's broader economy is doing well, Prime Minister Manmohan Singh said Wednesday. (Wed, 19 Dec 2007 08:41:00 GMT)

India's leader says economy doing well, but US slowdown may hit exports, investment
A likely economic slowdown in the United States may hurt India's exports and inflow of investment, although the country's broader economy is doing well, Prime Minister Manmohan Singh said Wednesday. (Wed, 19 Dec 2007 08:41:00 GMT)

Intel Capital reveals prime tech for investment
The chipmaker's investment arm has highlighted the five hottest technologies venture capitalists are looking to invest in (Wed, 19 Dec 2007 08:48:30 GMT)

Nigeria: NIPC Investment Drive Attracts N232bn Annually
The Nigerian Investment Promotion Commission (NIPC), investment drive attracts about N232 billion (2 billion dollars) annually into the economy. (Wed, 19 Dec 2007 09:09:27 GMT)

E-regulation site to support foreign investment
This project will build a database about foreign investment formalities in Vietnam. Foreign investors can use the information to get detailed guidance on how to implement their operations in Vietnam at every stage. (Wed, 19 Dec 2007 09:16:06 GMT)

UK business investment growth revised higher
UK business investment for the third quarter was revised higher Wednesday, with growth expected to be 2% versus previous estimates for no change. (Wed, 19 Dec 2007 11:37:00 GMT)

Investment group buys part of Agilent's Loveland campus
Old Vine Acquisition Corp., a private equity real estate investment group, announced Tuesday it has purchased a portion of the Agilent campus in Loveland. (Wed, 19 Dec 2007 12:21:13 GMT)

Investment Banks Earn $2 Billion From Brazil IPOs, Valor Says
Dec. 19 (Bloomberg) -- Investment banks earned as much as $2 billion this year from Brazil's record number of initial public offerings, Valor Economico reported, citing unidentified bankers. (Wed, 19 Dec 2007 12:30:18 GMT)

ST Telemedia appeals against KPPU ruling on Indosat investment
SINGAPORE : Singapore Technologies Telemedia said it has filed an appeal over its investment in Indosat to the Jakarta District Court. The appeal is against the decision made last month by Indonesia's Business Competition Supervisory Commission or KPPU. (Wed, 19 Dec 2007 12:59:26 GMT)

China Investment Corp buys $5 bln in M. Stanley units
NEW YORK, Dec 19 - Morgan Stanley said on Wednesday that Chinese sovereign wealth fund China Investment Corp Ltd was buying $5 billion in equity units which are convertible to stock in the brokerage. (Wed, 19 Dec 2007 13:00:56 GMT)

Morgan Stanley loses US$5.8B after $9.4B writedown, gets Chinese investment
NEW YORK - Morgan Stanley, the No. 2 U.S. investment bank, on Wednesday reported a larger-than-expected fiscal fourth-quarter loss due to a US$9.4-billion writedown from its exposure to subprime and other mortgage-related investments. (Wed, 19 Dec 2007 13:07:00 GMT)

Morgan Stanley getting US$5B investment from China Investment Corp.
NEW YORK - Investment bank Morgan Stanley said Wednesday it sold a big stake in itself to China Investment Corp., an investment arm of the Chinese government, for US$5 billion to raise capital after taking $9.4 billion in writedowns on mortgage-related investments. (Wed, 19 Dec 2007 13:16:00 GMT)

Morgan Stanley posts loss after $9.4B charge, gets $5B investment from China
NEW YORK - Morgan Stanley, the No. 2 U.S. investment bank, reported Wednesday a larger-than-expected fiscal fourth-quarter loss due to a US$9.4-billion writedown from its exposure to subprime and other mortgage-related investments. (Wed, 19 Dec 2007 13:55:00 GMT)

Morgan Stanley posts loss after $9.4B 4th-qtr writedown, gets $5B investment from China
Morgan Stanley, the No. 2 U.S. investment bank, on Wednesday reported a larger-than-expected fiscal fourth-quarter loss due to a $9.4 billion writedown from its exposure to subprime and other mortgage-related investments. (Wed, 19 Dec 2007 14:08:00 GMT)

Stocks rise after Morgan Stanley reports 4Q loss but $5B investment from China
Posted: 8:03 AM- NEW YORK - Stocks rose Wednesday as investors awaiting results from the Federal Reserve credit auction held Monday were cheered by a $5 billion investment from China in Morgan Stanley. (Wed, 19 Dec 2007 15:08:11 GMT)

Morgan Stanley posts loss after $9.4B 4th-quarter writedown, gets $5B investment from China
Morgan Stanley, the No. 2 U.S. investment bank, reported a $9.4 billion writedown on Wednesday from bad bets on mortgage-related debt, leading it to take a $5 billion infusion from an arm of the Chinese government. (Wed, 19 Dec 2007 15:29:12 GMT)

BI expects investment to reach Rp1,165 trillion in 2008
Senior Deputy Governor of Bank Indonesia (the central bank) Miranda Swaray Goeltom said she expected that investment in 2008 would reach Rp1,165 trillion to meet the economic growth target of more than 6 percent. (Wed, 19 Dec 2007 15:49:50 GMT)

Morgan Stanley reports 4Q loss but $5B investment from China
Stocks rose Wednesday as investors awaiting results from the Federal Reserve credit auction held Monday were cheered by a $5 billion investment from China in Morgan Stanley. (Wed, 19 Dec 2007 15:50:35 GMT)

Govt wants RI`s investment rating to rise to 75th place
The Indonesian government intends to do its best to have the country`s investment rating rise to 75th from the present 135th place among the 175 countries usually surveyed by the International Finance Corporation, a minister said. (Wed, 19 Dec 2007 15:51:06 GMT)

Morgan Stanley posts loss, and welcomes Chinese investment
The Wall Street bank said it would sell a $5 billion stake to the China Investment Corporation, as it announced its first quarterly loss. (Wed, 19 Dec 2007 15:54:58 GMT)

Stocks rise after Morgan Stanley reports 4Q loss but $5B investment from China
Stocks rose modestly Wednesday as investors, though disappointed by Morgan Stanley's larger-than-expected quarterly loss, were cheered by China's $5 billion investment in the Wall Street bank. (Wed, 19 Dec 2007 15:59:02 GMT)

What Is the China Investment Corp.?
China Investment Corp. announced Wednesday its biggest investment to date in a major U.S. financial firm, taking a $5 billion stake in investment bank Morgan Stanley. Below are some basics about the agency. (Wed, 19 Dec 2007 17:08:29 GMT)

Sector Wrap: Investment Banks
Shares of Morgan Stanley rose, posting the largest gain among large U.S. investment banks Wednesday after its $9.4 billion writedown was mitigated somewhat by a $5 billion cash infusion, and its quarterly report revealed robust results in some of its segments. (Wed, 19 Dec 2007 21:23:59 GMT)

Zell to increase Tribune investment
Sam Zell will increase his Tribune Co. investment to close his $8.2 billion leveraged buyout of the U.S. multimedia corporation, Tribune said Wednesday. (Wed, 19 Dec 2007 21:41:10 GMT)

Indonesian Central Bank Expects US$123 BLN Investment In 2008
Senior Deputy Governor of Bank Indonesia (the central bank) Miranda Swaray Goeltom said she expected that investment in 2008 would reach Rp1,165 trillion (US$123.5 billion) to meet the economic growth target of more than 6 per cent. (Thu, 20 Dec 2007 01:05:53 GMT)

INDONESIAN CENTRAL BANK EXPECTS US$123 BLN INVESTMENT IN 2008
Economy   Senior Deputy Governor of Bank Indonesia (the central bank) Miranda Swaray Goeltom said she expected that investment in 2008 would reach Rp1,165 trillion (US$123.5 billion) to meet the economic growth target of more than 6 per cent. (Thu, 20 Dec 2007 01:05:53 GMT)

Investment adviser who scammed sickly woman sentenced
A former Chicago investment adviser was sentenced to 5 ½ years in prison Wednesday by a federal judge for scamming money from a sickly client. (Thu, 20 Dec 2007 02:13:58 GMT)

Cherry Hill man sentenced in investment schemes
A Cherry Hill man was sentenced to 33 months in federal prison today for operating a trio of investment fraud schemes, U.S. Attorney Christopher J. Christie said. U.S. District Judge Robert B. Kugler also ordered Charles McCormick, 46, to pay $139,245 in restitution, which represents the loss to the victims. (Thu, 20 Dec 2007 03:08:26 GMT)

Workforce investment board receives $1.2 M in state aid
The Luzerne/Schuylkill Workforce Investment Board was awarded more than $1.2 million to help workers “bridge the gap” between the skills taught in school and the increasingly technical know-how required by employers in key industries. (Thu, 20 Dec 2007 08:00:44 GMT)

Indonesia-Investment /ECO/
Jakarta, Dec 20 (IRNA/ANTARA) - President Susilo Bambang Yudhoyono called on government agencies throughout the country to remove all things impeding the investment climate so that the investment targets set by the government can be achieved. (Thu, 20 Dec 2007 08:05:50 GMT)

Cherry Hill man sentenced in investment schemes
A Cherry Hill man was sentenced yesterday to 33 months in federal prison for operating three investment-fraud schemes, U.S. Attorney Christopher J. Christie said. Charles McCormick, 46, also was ordered to pay $139,245 in restitution. (Thu, 20 Dec 2007 09:05:04 GMT)

Website helps simplify investment license procedures
A website on investment license procedures in Vietnam will be launched this month to facilitate the work of domestic and foreign investors. The website, http://vietnam.investway.info , is part of E-regulations Vietnam project, which was announced in Hanoi on December 19. (Thu, 20 Dec 2007 10:04:11 GMT)

Mosenergo reveals 2008 investment program
RBC, 20.12.2007, Moscow 13:14:51. Mosenergo's Board of Directors has approved the company's investment program for 2008. The company is projected to allocate a total of nearly RUR27.764bn (approx. USD1.12bn) in investments, the company's press office reported today. (Thu, 20 Dec 2007 11:14:38 GMT)

Natixis Plans to Reorganize Its Investment Bank (Update2)
Dec. 20 (Bloomberg) -- Natixis SA, France's fourth-largest bank by market value, plans to reorganize its corporate- and investment-banking division after writedowns and trading losses related to the subprime collapse cut third-quarter earnings. (Thu, 20 Dec 2007 13:04:42 GMT)

Ontario & Trumansburg Telephone Makes Sound Investment in Tellabs
Users gain speed of fiber access at the cost of copper NAPERVILLE, Ill., Nov. 19 -- Consumers and businesses need speedy Internet and video services. To meet the demand, service providers face constant pressure to invest in their networks. But technology is changing so rapidly that providers cannot keep up. Now is the time for an infrastructure investment that offers a surefire return. Smart ... (Thu, 20 Dec 2007 13:45:34 GMT)

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