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Australia business investment surprisingly weak
SYDNEY, May 29 - Australian businesses surprisingly cut back on investment spending last quarter as a slump in consumption hurt the retail sector, stirring speculation the economy might have actually shrunk in the quarter. (Thu, 29 May 2008 02:50:03 GMT)
Report criticizes King County investment policy
King County's failure to modernize its local-government investment pool has exposed the fund to unnecessary risk and meant missed opportunities for gains, says a report released Tuesday to the County Council. (Thu, 29 May 2008 04:22:03 GMT)
Bair Urges More Investment-Bank Oversight in Return for Fed Aid
May 29 (Bloomberg) -- Federal Deposit Insurance Corp. Chairman Sheila Bair called for greater oversight of investment banks, including a formula for closing them in case of insolvency, in return for access to Federal Reserve loans. (Thu, 29 May 2008 04:58:20 GMT)
ots.CorporateNews: Eurocastle Investment Limited / Eurocastle Investment Limited and ...
DJ ots.CorporateNews: Eurocastle Investment Limited / Eurocastle Investment Limited and ... London (ots) - - Cross-Reference: Interim Financial Results ... (Thu, 29 May 2008 07:26:56 GMT)
BBC.co.uk Overspent By $71 Million, 'Ineffective' Bosses Must Change, Investment Frozen
BBC.co.uk overspent by 48 percent in 2007/08 because management is "not sufficiently strong" and "financial oversight has not been sufficiently effective", according to the BBC Trust's review in to the service, which demands an overhaul of the top team by December and has ordered online investment be frozen until then. (Thu, 29 May 2008 10:45:00 GMT)
BBC.co.uk Overspent By $71 Million, 'Ineffective' Bosses Must Change, Investment Frozen
BBC.co.uk management is "not sufficiently strong" and "financial oversight has not been sufficiently effective", according to the BBC Trust's review in to the service, which demands an overhaul of the top team by December and has ordered online investment be frozen until then. (Thu, 29 May 2008 12:33:05 GMT)
Canada's DBRS Upgrades Brazil To Investment Grade
SAO PAULO -(Dow Jones)- Canadian rating agency DBRS upgraded Brazil's sovereign long-term foreign and local currency-denominated debt to the investment grade status BBB low from the speculative status BB high, the rating agency said late Wednesday in a press release. (Thu, 29 May 2008 12:42:58 GMT)
Opening Glance: Investment Banks
Shares of investment banks rose Thursday morning amid new reports that the U.S. economy grew more in the first quarter than originally thought, but initial jobless claims rose by 4,000 to 372,000. (Thu, 29 May 2008 14:05:35 GMT)
Dutch investment group makes bids for ownership of both Quebecor World Europe and RSDB
A Dutch investment firm has made offers for European print giants Quebecor World Europe and RSDB. (Thu, 29 May 2008 17:21:41 GMT)
H2O Plus, LLC Acquired by Cordova, Smart & Williams, LLC and Goldman Sachs Urban Investment Group
Cordova, Smart & Williams, LLC ("CSW") and the Goldman Sachs Urban Investment Group ("Goldman Sachs") today announced the acquisition of H2O Plus, LLC ("H2O Plus"), a leading developer, manufacturer, and marketer of prestige, branded, water-based natural skincare products for the face and body. H2O Plus is being acquired from its founder, Cindy Melk, who will remain involved in the business as ... (Thu, 29 May 2008 17:57:39 GMT)
Brazil's Rating Raised to Investment Grade by Fitch (Update2)
May 29 (Bloomberg) -- Brazil had its credit rating raised to investment grade by Fitch Ratings, following an increase by Standard & Poor's last month, as record commodity exports bolster foreign reserves and growth in Latin America's biggest economy. (Thu, 29 May 2008 20:30:01 GMT)
Investment houses pull back on emergency Fed loans
Wall Street investment companies are scaling back their borrowing from the Federal Reserve's emergency lending program. (Thu, 29 May 2008 20:31:58 GMT)
Closing Glance: Investment Banks
Shares of investment banks rose Thursday after the Federal Reserve said it would provide a new round of short-term loans totaling $75 billion to help ease struggling credit markets and as the broader markets rose. (Thu, 29 May 2008 20:32:46 GMT)
Investment bank hedges crumble ahead of quarterly results
Investment banks have been trying hedge against losses from the mortgage meltdown and broader credit crunch for at least a year, but some of those hedging strategies are failing ahead of quarterly results. (Thu, 29 May 2008 22:04:53 GMT)
Banks step up Fed loans, investment firms scale back
The Federal Reserve's emergency loans to banks climbed to the highest level on record even as Wall Street investment companies scaled back their borrowing. (Thu, 29 May 2008 23:38:02 GMT)
Koreans Eye US$300 MLN Investment In Indonesia's Pulp Industry
A number of South Korean investors are keen to invest in pulp industry in Indonesia with an investment of US$300 million, a Korean official said. (Fri, 30 May 2008 02:15:11 GMT)
Argentina Needs Paris Club Pact to Draw Investment, Cobos Says
May 30 (Bloomberg) -- Argentina's Vice President Julio Cobos said the government needs to reschedule payments on about $6 billion of defaulted Paris Club debt in order to attract foreign investment and extend the country's economic recovery. (Fri, 30 May 2008 03:30:27 GMT)
Leadcom says Old Lane investment terminated
Telecoms solution group Leadcom said Old Lane will no longer make an investment in the group because of current market conditions. (Fri, 30 May 2008 06:49:00 GMT)
5 investment myths debunked
Few would dispute the fact that investors today are better informed as opposed to their counterparts from previous generations. The barrage of investment advice and information from various quarters is largely responsible for this phenomenon. However, the prevalence of investment myths is something that hasn't changed over the years. And acting on a myth while getting invested, always has the ... (Fri, 30 May 2008 07:43:34 GMT)
Silverjet Ceases Flying After Investment Fails to Materialize
May 30 (Bloomberg) -- Silverjet Plc , the unprofitable U.K. business-class airline, said it will suspend operations after failing to receive a promised investment. (Fri, 30 May 2008 08:18:12 GMT)
Brazil's Real Posts Weekly Advance on Investment-Grade Rating
May 30 (Bloomberg) -- Brazil's real gained this week as Fitch Ratings became the second ratings company in a month to give the South American country an investment grade rating. (Fri, 30 May 2008 14:00:08 GMT)
Opening Glance: Investment Banks
Shares of investment banks mostly fell Friday morning as JPMorgan Chase & Co. is expected to close its acquisition of beleaguered bank Bear Stearns Cos. during the day and as others wrap up their fiscal second quarters. (Fri, 30 May 2008 14:16:39 GMT)
SocGen investment bank chief replaced: sources
The top executive at Societe Generale's investment banking unit, Jean-Pierre Mustier, is being replaced in the wake of the French bank's rogue trading scandal, two banking sources said on Friday. (Fri, 30 May 2008 14:26:22 GMT)
Société Générale investment bank chief said to be replaced
The top executive at the investment banking unit, Jean-Pierre Mustier, is being replaced in the wake of the French bank's rogue trading scandal. (Fri, 30 May 2008 15:12:45 GMT)
Fitch Upgrades Brazil's Rating to Investment Grade
RIO DE JANEIRO (Xinhua via COMTEX) -- Fitch Ratings upgraded Brazil to investment grade Thursday, a decision reflecting Latin America's largest nation's improving economic performance. (Fri, 30 May 2008 16:58:03 GMT)
SocGen Hires Peretie to Run Investment Bank Unit (Update1)
May 30 (Bloomberg) -- Societe Generale SA , France's second- biggest bank, hired Michel Peretie , the European chief executive of Bear Stearns International Trading, to head its corporate and investment bank unit that's being reshuffled following a record trading loss. (Fri, 30 May 2008 17:18:07 GMT)
SocGen names Bear executive to replace investment bank chief
Societe Generale, battling subprime losses and a $7 billion rogue-trading scandal, has named Bear Stearns executive Michel Peretie as the successor for investment-banking chief Jean-Pierre Mustier. (Fri, 30 May 2008 17:49:43 GMT)
Société Générale moves to restore reputation by replacing head of investment banking
Société Générale announced Friday that it would replace its head of investment banking, Jean-Pierre Mustier, in the latest effort to restore a reputation badly bruised by a massive trading scandal. (Fri, 30 May 2008 18:42:45 GMT)
Former Credit Suisse investment banker gets 10-year sentence
NEW YORK - A former Credit Suisse investment banker convicted of insider trading was sentenced to 10 years in prison Friday by a judge who said Wall Street professionals were failing to understand that it was a serious crime to cheat in the markets. (Sat, 31 May 2008 00:27:00 GMT)
Michel Péretié to lead Societe Generale's corporate & investment banking division
(RTTNews) - Friday, Societe Generale SA (SCGLY.PK, SCGLF.PK), a financial services provider, announced that Michel Péretié, Bear Stearns' Executive, would lead its investment-banking division. (Sat, 31 May 2008 03:56:53 GMT)
Michel Péretié to lead Societe Generale's corporate & investment banking division
(RTTNews) - Friday, Societe Generale SA (SCGLY.PK, SCGLF.PK), a financial services provider, announced that Michel Péretié, Bear Stearns' Executive, would lead its investment-banking division. (Sat, 31 May 2008 03:56:53 GMT)
Michel Péretié to lead Societe Generale's corporate & investment banking division
(RTTNews) - Friday, Societe Generale SA (SCGLY.PK, SCGLF.PK), a financial services provider, announced that Michel Péretié, Bear Stearns' Executive, would lead its investment-banking division. (Sat, 31 May 2008 03:56:53 GMT)
Investment Firms Form New Subsidiary in California
AUGUST 17, 2006 -- San Juan Capistrano, Calif. -- The Picerne Group (TPG), an international investment firm with a portfolio of loan and real estate assets, has acquired Crown Pacific Properties (CPP), a multifamily real estate investment company, to form a new subsidiary, TPG Apartment Group. (Sat, 31 May 2008 04:10:10 GMT)
Time to take stock of investment progress
VietNamNet Bridge - A situation analysis is critical for Vietnam to boost foreign direct investment, according to senior government officials. (Sat, 31 May 2008 11:05:01 GMT)
Saudis Offered Islamic Investment in Sri Lanka
Saudis Offered Islamic Investment in Sri Lanka (Sat, 31 May 2008 11:11:08 GMT)
Investment in FMPs
I am planning to invest in a Fixed Maturity Plan as my mutual fund investment. Will it be the right thing to go for FMPs in the current market scenario? (Sat, 31 May 2008 18:54:44 GMT)
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