Investment News 09/2008 (Page 4)
Investment Corner: Understanding broker jargon (Oroville Mercury-Register)
Have you have ever felt like a broker or adviser is talking in another language when referring to investment terms?
(Sep 9, 2008)
A'ayan investment arm forms new entity (AME Info)
A'ayan Capital Investment Company, formerly the investment division of A'ayan Leasing and Investment Company, today officially announced its establishment as a separate company to help fulfill its strategic business goals more effectively.
(Sep 9, 2008)
Foreign investment growth remains strong (People's Daily)
China has maintained strong growth in foreign investment despite instable global economy, said Chen Deming, Minster of China's Ministry of Commerce at "2008 International Investment forum" in South China's Xiamen on Monday. He said that today's global economic growth is slowing down; international finance is getting more unstable, and attracting foreign investment faces with great competition. ...
(Sep 9, 2008)
FOREIGN INVESTMENT IN MANUFACTURING SECTOR TO REACH RM40 BLN THIS YEAR (Bernama via Yahoo! Malaysia News)
KUALA LUMPUR, Sept 9 (Bernama) -- Foreign investment in the manufacturing sector is likely to touch RM40 billion this year from RM34.5 billion last year, International Trade and Industry Minister Tan Sri Muhyiddin Yassin said today.
(Sep 9, 2008)
Tribune: Investment Firm Pulled UAL Story From Archive (Fox News)
Tribune: Investment Firm Pulled UAL Story From Archive
(Sep 9, 2008)
Germany's Gabriel Seeks Carbon-Auction Rules to Spur Investment (Bloomberg.com)
Sept. 9 (Bloomberg) -- German Environment Minister Sigmar Gabriel is seeking to speed up a European Union ruling on auctioning carbon-emission permits to prevent regulatory uncertainty from halting investment.
(Sep 9, 2008)
Evercore and Partners Launch Investment Vehicle (New York Times)
Evercore Partners announced Monday that it was launching an investment group, along with other investors, to take minority stakes in independent alternative asset managers.
(Sep 9, 2008)
Investment Technology Group volume falls in August (AP via Yahoo! Finance)
Investment Technology Group Inc., a provider of technology-based trading services, said Tuesday average daily trading volume fell 29 percent in August.
(Sep 9, 2008)
Quake-hit Sichuan draws overseas investment (People's Daily)
The investment environment of quake-hit Sichuan Province had experienced increasing foreign investment in the past few months, said a local official at an investment fair in China's eastern Fujian Province. "The provincial government had emphasized both relief work and development after the fatal earthquake," said Huang Xiaoxiang, vice governor of the southwestern Sichuan Province, at a special ...
(Sep 9, 2008)
Early Glance: Investment Banks companies (INO News)
(AP:NEW YORK) Shares of some top investment banks companies are down at 10 a.m.: Goldman Sachs fell $2.35 or 1.4 percent, to $167.38. Lehman Brothers fell $1.45 or 10.2 percent, to $12.70.
(Sep 9, 2008)
Sealed Air to Participate in Bank of America 38th Annual Investment Conference (Centre Daily Times)
Sealed Air Corporation (NYSE:SEE) announced today that it is scheduled to participate in the Bank of America 38th Annual Investment Conference on Monday, September 15, 2008 at 11:00 a.m. (ET).
(Sep 9, 2008)
BoI proposes dev’t investment fund (Manila Bulletin)
The Board of Investments (BoI) is proposing the creation of an Investment Promotion Fund as source of financing for the country’s investment promotions.
(Sep 9, 2008)
SEC Sues NY Investment Advisor For 'Cherry-Picking' Trades (Nasdaq)
NEW YORK -(Dow Jones)- The U.S. Securities and Exchange Commission sued a Rye, N.Y., investment advisor on Tuesday, alleging he "cherry-picked" profitable trades for his own account over a hedge fund he advised and other clients.
(Sep 9, 2008)
Qatar First Investment Bank granted QFCRA authorisation (Thaipr.net)
Speaking as the QFC Regulatory Authority authorised Qatar First Investment Bank, (QFIB) an Islamic financial institution, Chairman and CEO Phillip Thorpe expressed his pleasure that the QFC was welcom
(Sep 10, 2008)
China's fixed asset investment up 27.4 percent (AFP via Yahoo! Malaysia News)
China's urban fixed asset investment rose 27.4 percent in the first eight months of 2008 compared with a year earlier, the National Bureau of Statistics said Wednesday.
(Sep 10, 2008)
Increasing Return on Investment from Innovation: Let Your Business Strategy Drive Your IP Portfolio (Industry Week)
Sept. 10, 2008 -- By implementing simple, low-cost business processes, companies can ensure IP portfolios are aligned and supportive of business goals, thereby maximizing return on investment from innovation.
(Sep 10, 2008)
Waukesha schools take another investment hit (Milwaukee Journal Sentinel)
Waukesha - Trouble with a complex investment to help pay for retirement benefits has spread to other areas of the Waukesha School District's bottom line, driving up the cost of a routine borrowing transaction by more than $300,000 this year, a district of...
(Sep 10, 2008)
10-09-2008: Penang to embark on Middle East investment mission (The Edge Daily)
PENANG: The state government will embark on an investment mission to Dubai, Saudi Arabia and Bahrain to attract investors for the International Halal Hub which is being mooted in Penang.
(Sep 10, 2008)
HSBC `Highly Unlikely' to Acquire Investment Bank (Update2) (Bloomberg.com)
Sept. 10 (Bloomberg) -- HSBC Holdings Plc is ``highly unlikely'' to acquire an investment bank, its Asia chief executive officer said today, dousing speculation the bank may invest in Lehman Brothers Holdings Inc.
(Sep 10, 2008)
Uganda: KCC Holds Back Sh165 Billion Power Investment (AllAfrica.com)
THE Kampala City Council (KCC) authorities are holding back a $100m (about sh165b) investment for 33 mega watts (MW) of electricity from garbage.
(Sep 10, 2008)
Report: Investment In Renewable Energy Could Create 19,000 Jobs (The Morning News)
LITTLE ROCK -- Representatives of several environmentalist groups in Arkansas said Tuesday they will urge the Governor's Commission on Global Warming to consider a new report that suggests investment in renewable energy and energy conservation could create 2 million jobs, 19,500 of them in Arkansas, over two years.
(Sep 10, 2008)
China's urban fixed assets investment up 27.4% in first 8 months (People's Daily)
China's urban fixed assets investment totaled 8.492 trillion yuan (1.248 trillion U.S. dollars) in the first eight months, up 27.4 percent from the same period last year, the National Bureau of Statistics (NBS) said on Wednesday. The growth rate was 0.1 percentage point higher than the January-July level, or 0.7 percentage point higher than the year-earlier level. Investment in the real estate ...
(Sep 10, 2008)
HSBC `Highly Unlikely' to Acquire Investment Bank (Update3) (Bloomberg.com)
Sept. 10 (Bloomberg) -- HSBC Holdings Plc is ``highly unlikely'' to buy an investment bank, its Asia chief executive officer said today, dousing speculation the bank may invest in Lehman Brothers Holdings Inc.
(Sep 10, 2008)
Lehman To Sell Investment-Management Stake (TheStreet.com)
Lehman Brothers on Wednesday said it plans to sell a majority stake in its investment-management division and expects to report a third-quarter loss of $3.9 billion.
(Sep 10, 2008)
Lehman Brothers to sell big stake in investment management business (The Canadian Press via Yahoo! Canada News)
NEW YORK - U.S. investment bank Lehman Brothers says it will sell a majority stake in its prized investment management business.
(Sep 10, 2008)
Lehman to sell stake in key investment division (MSNBC)
Lehman Brothers, in a desperate bid to survive, announced plans Wednesday to sell a majority stake in its prized investment management business.
(Sep 10, 2008)
Lehman loses $3.9B, may sell investment unit stake (AP via Yahoo! News)
Struggling to survive the credit crisis, Lehman Brothers Holdings Inc. plans to sell a majority stake in its prized investment management division, slashed its dividend and may even consider selling the entire company.
(Sep 10, 2008)
Stocks open higher after Lehman says it is close to selling majority stake of investment arm (Canadian Business)
NEW YORK (AP) - Stock are opening moderately higher a day after a sell-off and as investors grew somewhat encouraged that Lehman Brothers Holdings Inc. is close to a deal to sell a majority stake in its investment management business and thereby bring in much-needed capital.
(Sep 10, 2008)
SSS to diversify investment portfolio (Philstar.com)
The Social Security System (SSS) will diversity its investment portfolio as part of efforts to boost income. SSS president and chief executive officer Romulo Neri said the fund’s equity exposure has been “skewed towards certain stocks.”
(Sep 10, 2008)
South Africa: Convergence Partners Expands Its Digital Media Investment Base (AllAfrica.com)
Convergence Partners Investments, a Black Economic Empowerment investment company focusing on the Technology, Media and Telecommunications sector, has announced that it has taken a 25.55% stake in SkillPod Media (SkillPod), a pioneering South African online casual gaming company.
(Sep 10, 2008)
Judge shuts down real estate investment scheme (WRAL.com Raleigh)
A Fayetteville real estate investment scheme was shut down Wednesday after leaving dozens of people with loans they can't afford and rental properties that are worth far less than what they paid for them, Attorney General Roy Cooper said.
(Sep 10, 2008)
Senate report: Investment banks helped foreigners evade millions in US stock dividend taxes (Minneapolis-St. Paul Star Tribune)
WASHINGTON - Big Wall Street investment banks have designed and marketed schemes enabling non-U.S. taxpayers, including offshore hedge funds, to evade millions of dollars in taxes each year on U.S. stock dividends, Senate investigators have found.
(Sep 11, 2008)
Pulaski's investment loss doesn't herald trouble for banks here (St. Louis Post-Dispatch)
Two months ago, Missouri Banking Commissioner Eric McClure wouldn't have given a second thought to seeing preferred stock in Fannie Mae and Freddie Mac in a bank's investment portfolio.
(Sep 11, 2008)
Official says US open to foreign investment (AP via Yahoo! Finance)
The U.S. remains an attractive place for foreign investment despite recent worries about the mortgage crisis in the economy and overly strict security checks in travel, a senior U.S. government official said Thursday.
(Sep 11, 2008)
Urban investment up 27% (People's Daily)
China's urban fixed-asset investment grew to 8.49 trillion yuan in the first eight months of 2008, up 27.4 percent year-on-year, the National Bureau of Statistics said yesterday. The figure outpaced the growth rate for the first seven months of this year by 0.1 of a percentage point. This indicates a slight pick-up in investment in August, despite construction restrictions adopted for the ...
(Sep 11, 2008)
Lehman Brothers to sell major stake of investment management business (People's Daily)
Lehman Brothers, the fourth largest U.S. investment bank, said Wednesday that it would sell a majority stake of investment management business. The 158-year-old firm also announced that it would spin off a troubled real estate unit and slash its dividend. The investment bank reported Wednesday a loss of almost 4 billion U.S. dollar in third-quarter, boosting its losses so far this year to about ...
(Sep 11, 2008)
Business in the Burbs: ITT chief executive pushes for sanitation investment (The Journal News)
The chief executive of White Plains-based ITT Corp. yesterday called for greater global investment in water sanitation and solving health problems in poor regions.
(Sep 11, 2008)
Summit Partners Makes Investment In PeopleAdmin (HRHub)
PeopleAdmin, Inc., announced today that it has received an investment from Summit Partners, a private equity and venture capital firm that has raised more than $11B since inception.
(Sep 11, 2008)
Report: Investment In Renewable Energy Could Create 19,000 Jobs (The Morning News)
LITTLE ROCK -- Representatives of several environmentalist groups in Arkansas said Tuesday they will urge the Governor's Commission on Global Warming to consider a new report that suggests investment in renewable energy and energy conservation could create 2 million jobs, 19,500 of them in Arkansas, over two years.
(Sep 11, 2008)
Infosys to relook at its investment plan in West Bengal (Business Standard India)
Infosys Technologies, the second largest software development company in the country, today said that it will relook at its maiden investment plan in West Bengal following the ongoing crisis in Singur. "We will have a relook and rethink on our investment plan in the state.
(Sep 11, 2008)
Cairn Lanka, BOI Sri Lanka Sign Pact On Investment Commitment (Nasdaq)
(RTTNews) - Thursday, Cairn Lanka, a wholly owned subsidiary of Cairn India and Board of Investment, Sri Lanka signed an agreement for commitment of an initial investment of more than $110 million towards the exploration of hydrocarbons.
(Sep 11, 2008)
Official says US open to foreign investment (AP via Yahoo! Finance)
The U.S. remains an attractive place for foreign investment despite recent worries about the mortgage crisis and overly strict security checks, a senior U.S. government official said Thursday.
(Sep 11, 2008)
Fund denies investment a Labor deal (The Age)
Financial body that controls retirement savings of Victorian public servants denies that $500 million investment that went to a union-affiliated bank was a deal for Labor mates.
(Sep 11, 2008)
Sector Snap: Investment Banks (AP via Yahoo! Finance)
Shares of investment banks tumbled Thursday morning as investors remained concerned about the ability of Lehman Brothers Holdings Inc. to execute its plans to raise fresh capital.
(Sep 11, 2008)
Medtronic to Participate in the Bank of America Annual Investment Conference (Centre Daily Times)
Medtronic, Inc. (NYSE: MDT), the world's leading medical technology company, today announced that it will participate in the Bank of America 38th Annual Investment conference on Wednesday, September 17, 2008 in San Francisco.
(Sep 11, 2008)
Ken Fisher: Investment Stress Management (TheStreet.com)
Fisher speaks about investment-related stress and how he's used to the idea of making mistakes.
(Sep 11, 2008)
Early Glance: Investment Banks companies (INO News)
(AP:NEW YORK) Shares of some top investment banks companies are down at 10 a.m.: Goldman Sachs fell $7.66 or 4.9 percent, to $149.93. Lehman Brothers fell $3.24 or 44.7 percent, to $4.01.
(Sep 11, 2008)
Mindanao crisis affects Oro's tourism, investment (Sun Star)
AN OFFICIAL of Promote CDO Foundation said recently that Cagayan de Oro's tourism and investment are affected by the recent atrocities committed by lawless Moro rebels as these had resulted in a US travel advisory against the city.
(Sep 11, 2008)
BoI proposes dev’t investment fund (Manila Bulletin)
The Board of Investments (BoI) is proposing the creation of an Investment Promotion Fund as source of financing for the country’s investment promotions.
(Sep 11, 2008)
U.S. investment bank getting gov't help with sale (CTV.ca)
The fourth-largest investment bank in the United States is getting help from the government as it approaches other major financial institutions about a potential acquisition or investment, according to sources within the industry.
(Sep 11, 2008)
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