Investment Helper
  Online Investment Resources
Custom Search
Home Investment News Investment Guide Investment Services Resources Blog Links

Home > Investment News

Investment News May 2009

Investment News Archive
Feb 2012 | Jan 2012 | Dec 2011 | Nov 2011 | Oct 2011 | Sep 2011 | Aug 2011 | Jul 2011 | Jun 2011 | May 2011 | Apr 2011 | Mar 2011 | Feb 2011 | Jan 2011 | Dec 2010 | Nov 2010 | Oct 2010 | Sep 2010 | Aug 2010 | Jul 2010 | Jun 2010 | May 2010 | Apr 2010 | Mar 2010 | Feb 2010 | Jan 2010 | Dec 2009 | Nov 2009 | Oct 2009 | Sep 2009 | Aug 2009 | Jul 2009 | Jun 2009 | May 2009 | Apr 2009 | Mar 2009 | Feb 2009 | Jan 2009 | Dec 2008 | Nov 2008 | Oct 2008 | Sep 2008 | Aug 2008 | Jul 2008 | Jun 2008 | May 2008 | Jan 2008 | Dec 2007 | Nov 2007 | Oct 2007 | Sep 2007 | Aug 2007 | Jul 2007 | Jun 2007 | May 2007 | Apr 2007 | Mar 2007 | Feb 2007 | Jan 2007 | Dec 2006 | Nov 2006 | Oct 2006 | Sep 2006 | Aug 2006 | Jul 2006

1 2 3 4 Next

Gold Extends Decline as Equity Rally Reduces Investment Appeal
May 1 (Bloomberg) -- Gold fell for a second day as rising equity markets added to signs of improvement in the world economy and reduced the investment appeal of the metal. (Fri, 01 May 2009 00:44:03 GMT)

U.K. studies spliting investment, retail banking
LONDON (MarketWatch) -- U.K.'s Treasury Committee on Friday released a report in which it said the potential separation of retail banking operations from investment banking functions is an issue that requires further debate. The committee referred to comments made by Mervyn King, the Governor of the Bank of England, that he views a separation of retail from investment banking functions as "very ... (Fri, 01 May 2009 01:25:42 GMT)

Australia Investment Bank Posts Profit Decline
Australia?s biggest investment bank, Macquarie Group, posted a 52 percent drop in its annual net profits. (Fri, 01 May 2009 03:12:39 GMT)

First Western investment adviser acquires L.A. firm
First Western Financial's wholly owned investment adviser announced Thursday that it has acquired the investment-advisory business of GKM Advisers LLC, a Los Angeles-based investment-management firm. (Fri, 01 May 2009 07:00:23 GMT)

Jap investment high on WA plans
WA hopes to strengthen its trade and investment relationship with Japan on the back of future mining and industrial projects. (Fri, 01 May 2009 07:39:31 GMT)

Australian Investment Bank Posts Profit Decline
Australia’s largest investment bank, Macquarie Group , posted its first fall in annual profit in 17 years, citing billions of dollars in losses stemming from the global slowdown. The bank also said it was considering plans to raise more capital. (Fri, 01 May 2009 11:19:50 GMT)

Apartment Investment Posts First-quarter Loss
Apartment Investment Posts First-quarter Loss (Fri, 01 May 2009 11:59:04 GMT)

Investment-Grade Bond Sales Fall in April by Most in Five Years
May 1 (Bloomberg) -- Investment-grade corporate bond sales fell last month by the most in five years, interrupting a record pace of offerings, as borrowers that had caught up on refinancing paused before a rush in May. (Fri, 01 May 2009 13:23:00 GMT)

Citadel expands into investment banking
Citadel Investment Group is preparing to expand into investment banking as the Chicago-based hedge fund tries to rebound from last year's massive losses. (Fri, 01 May 2009 13:32:12 GMT)

Citadel Group Enters Investment Banking
Citadel Group, the giant Chicago-based hedge fund, announced the launch of its investment banking division Friday. (Fri, 01 May 2009 14:03:59 GMT)

Citadel: Now an Investment Bank, Too
Two years ago, The New York Times’ Jenny Anderson wrote that Citadel Investment Group “has elements of an investment bank disguised as a hedge fund, minus the investment bankers.” (Fri, 01 May 2009 15:33:10 GMT)

Deutsche Bank Hires Another Merrill Investment-Banking Veteran
May 1 (Bloomberg) -- Deutsche Bank AG hired Paul Wetzel from Bank of America Corp. , the latest Merrill Lynch & Co. veteran investment banker to be lured away since its takeover by the Charlotte, North Carolina-based lender. (Fri, 01 May 2009 15:52:58 GMT)

Ex-Stanford investment exec denies fraud
Stanford Financial Group's former chief investment officer formally denied civil fraud charges related to an alleged $8 billion scheme, according to a late court filing on Thursday. (Fri, 01 May 2009 18:07:39 GMT)

Final Glance: Investment Banks companies
Shares of some top investment banks companies were mixed at the close of trading: Goldman Sachs fell $1.42 or 1.1 percent, to $127.08. (Fri, 01 May 2009 21:55:06 GMT)

Attracting foreign direct investment in agriculture
VietNamNet Bridge - Nguyen Thi Bich Van, the vice director of the Foreign Investment Agency of the Ministry of Planning and Investment stated that this year the ministry will focus on attracting foreign direct investment in agriculture. Why the sudden push in this direction? (Sat, 02 May 2009 03:34:08 GMT)

Sumitomo Mitsui Financial Group reportedly plans to buy Citigroup`s Japanese broker and key investment banking units ...
Sumitomo Mitsui Financial Group reportedly plans to buy Citigroup's Japanese broker and key investment banking units for US$5.9bn and also plans to form a financial services powerhouse through an alliance with Daiwa Securities Group. (Sat, 02 May 2009 08:10:46 GMT)

Global-Jordan Is the financial advisor and lead manager for the Dead Sea Touristic and Real Estate Investment Co
Global Investment House - Jordan (Global - Jordan) announced the signing of a financial advisor mandate with the Dead Sea Touristic & Real Estate Investment Company (DSC). (Sat, 02 May 2009 08:34:57 GMT)

Investment norms for New Pension Scheme finalised
Paving the way for the New Pension Scheme (NPS) from this Friday, the Pension Fund Regulatory and Development Authority (PFRDA) On Wednesday announced investment guidelines for contributory plans. (Sat, 02 May 2009 09:43:08 GMT)

The fifth Arabian Hotel Investment Conference opens today
The fifth Arabian Hotel Investment Conference (AHIC) opens today under the patronage of His Highness Shaikh Ahmed bin Saeed Al Maktoum, President, Dubai's Department of Civil Aviation and Chairman & CEO, Emirates Group. (Sat, 02 May 2009 09:49:47 GMT)

Buffett Calls Investment Candidates’ 2008 Performance Subpar
May 2 (Bloomberg) -- Billionaire Warren Buffett said all of the candidates to replace him as chief investment officer of Berkshire Hathaway Inc. failed to beat the 38 percent decline of the Standard & Poor’s 500 Index last year. (Sat, 02 May 2009 20:51:39 GMT)

Asphalt Shingles -- Are They The Best Investment For Your Home?
(ARA) - During this time of economic uncertainty, you may be hesitant to invest money in your home. It is important to remember, though, that your home is a valuable asset. In order to maintain your investment, home maintenance or repair projects are essential. (Sun, 03 May 2009 06:34:21 GMT)

Foundation to host 11th annual Investment in Youth
District 279 Foundation has announced the upcoming An Investment in Youth event. The event will take place starting at 4:15 p.m. with the awards ceremony beginning at 6 p.m. Sunday, May 3 at Park Center Senior High School. (Sun, 03 May 2009 06:34:53 GMT)

Remodel Your Kitchen for a Great Return on Investment
(ARA) - Remodeling a current home instead of buying a new one is a popular decision among homeowners in today's economy and housing market. It's also a wise choice, for when the time comes to sell, the return on investment for many remodeling projects is significant, especially in the kitchen. (Sun, 03 May 2009 06:58:18 GMT)

Cash squeeze for Kuwaiti investment companies, Booz and Company announces
Kuwaiti investment companies have been hurt much by the global economic downturn - with fragmented portfolios and a sub-optimal capital structure when cash is limited, found a new report by Booz and Company. (Sun, 03 May 2009 07:34:47 GMT)

Buffett Calls Investment Candidates’ 2008 Performance Subpar
May 3 (Bloomberg) -- Billionaire Warren Buffett said all four candidates to replace him as chief investment officer of Berkshire Hathaway Inc. failed to beat the 38 percent decline of the Standard & Poor’s 500 Index last year. (Sun, 03 May 2009 07:36:41 GMT)

Wind power investment shoots up
A projected increase in the capacity of an offshore wind farm at Is-Sikka l-Bajda is why the estimated investment has shot up by more than €150 million. (Sun, 03 May 2009 08:09:28 GMT)

Company ownership idea seeks to spur investment
A proposal to allow institutional investors to own up to 25 percent of a Nevada gaming company without undergoing background checks is aimed at encouraging investment. (Sun, 03 May 2009 08:56:42 GMT)

No limitations for Iranian investment in Croatia: official
TEHRAN, May 2 (MNA) – Croatia will impose no limitations for the absorption of Iranian investment in the country, said Croatia’s Ambassador to Tehran Esad Prohic in Tehran on Saturday. (Sun, 03 May 2009 10:03:13 GMT)

Everton boss Moyes: FA Cup final will attract fresh investment
Everton boss David Moyes says reaching the FA Cup final will improve chairman Bill Kenwright's chances of attracting fresh investment. read more (Sun, 03 May 2009 12:10:58 GMT)

Taiwan to Allow Chinese Investment in Public Works, Daily Says
May 4 (Bloomberg) -- Taiwan plans to issue rules to allow Chinese investment in public construction projects before the end of May, the Economic Daily News reported, citing Fan Liang- shiu , chairman of the Public Construction Commission. (Mon, 04 May 2009 00:55:36 GMT)

Buffett Calls Investment Candidates’ 2008 Performance Subpar
May 3 (Bloomberg) -- Billionaire Warren Buffett said all four candidates to replace him as chief investment officer of Berkshire Hathaway Inc. failed to beat the 38 percent decline of the Standard & Poor’s 500 Index last year. (Mon, 04 May 2009 01:56:20 GMT)

UBS names new co-CEOs of its investment bank
Jerker Johansson, CEO UBS Investment Bank, has resigned from UBS with immediate effect. UBS has announced the appointment of Alex Wilmot-Sitwell and Carsten Kengeter as co-CEOs of its Investment Bank (Mon, 04 May 2009 03:25:35 GMT)

Chunghwa Picture May Be China Investment Target, Macquarie Says
May 4 (Bloomberg) -- Chunghwa Picture Tubes Ltd. may be the most likely among Taiwan’s liquid-crystal-display makers to attract investment from China as the company has closer ties with the mainland than its peers, Macquarie Group Ltd. said. (Mon, 04 May 2009 04:33:01 GMT)

China Manufacturing Rebounds on Investment, CLSA Says (Update1)
May 4 (Bloomberg) -- Chinese manufacturing expanded for the first time in nine months after investment surged and declines in export orders moderated, according to a survey by CLSA Asia- Pacific Markets. (Mon, 04 May 2009 04:43:27 GMT)

China Manufacturing Rebounds on Investment, CLSA Says (Update2)
May 4 (Bloomberg) -- China’s manufacturing expanded for the first time in nine months after declines in export orders moderated and investment surged because of the government’s stimulus package. (Mon, 04 May 2009 05:54:25 GMT)

Kuwaiti investment firms feel heat of cash squeeze
Kuwaiti investment firms feel heat of cash squeeze (Mon, 04 May 2009 07:17:17 GMT)

VC investment in Israel slumps to five-year low
First quarter investment was 32% less than in the preceding quarter, according to the latest PwC MoneyTree survey. (Mon, 04 May 2009 07:31:54 GMT)

My Dumbest Investment
The first stock I bought years ago was Merck. It went down for two years, starting the day after my purchase. I sold, losing 34 percent of my investment, and then it went back up and split, and on and on. I bought Philip Morris and sold too soon. (Mon, 04 May 2009 07:37:31 GMT)

Hampton Roads housing: Values have dropped, but your house was still a good investment
So your city assessment came in the mail and your home value went down, just like your investment portfolio and retirement fund. (Mon, 04 May 2009 07:50:30 GMT)

China Manufacturing Rebounds on Investment, CLSA Says (Update2)
May 4 (Bloomberg) -- China’s manufacturing expanded for the first time in nine months after declines in export orders moderated and investment surged because of the government’s stimulus package. (Mon, 04 May 2009 08:13:26 GMT)

China Manufacturing Rebounds as Stimulus Plan Spurs Investment
May 4 (Bloomberg) -- China’s manufacturing expanded for the first time in nine months after declines in export orders moderated and investment surged because of the government’s 4 trillion yuan ($586 billion) stimulus package. (Mon, 04 May 2009 08:29:36 GMT)

UBS, Abu Dhabi Investment Raise $250 Million for MENA Fund
May 4 (Bloomberg) -- UBS AG, Switzerland’s largest bank by assets, and Abu Dhabi Investment Co., a government-owned investment fund, received commitments of as much as $250 million for a fund to invest in the transportation and utilities industries in the Middle East and North Africa. (Mon, 04 May 2009 11:00:54 GMT)

CNA Financial posts 1Q loss on investment charges
Insurer CNA Financial Corp. posted a first-quarter loss on Monday due to mounting investment losses and a slowdown in written premiums. (Mon, 04 May 2009 12:54:59 GMT)

Loews reports 1Q loss investment, property charges
Diversified holding company Loews Corp. said Monday it recorded a first-quarter loss because of mounting investment losses in its majority-owned insurance subsidiary and charges tied to gas and oil properties at another unit. (Mon, 04 May 2009 13:12:14 GMT)

Iraq's Maliki in Paris seeking investment
Iraqi Prime Minister Nuri al-Maliki and some of his key ministers arrived in France on Monday as they try to drum up European investment for a country seeking recovery after six years of war. (Mon, 04 May 2009 14:26:30 GMT)

Condos seen as attractive investment opportunity
TD Canada Trust said 44% of respondents in a survey of urban Canadians said conditions had improved over the last year with regard to the prospects of buying a condo for investment purposes (Mon, 04 May 2009 16:43:07 GMT)

Iraq's Maliki in Paris seeking investment
Iraqi Prime Minister Nuri al-Maliki met French President Nicolas Sarkozy in Paris on Monday as he tries to drum up European investment for a country seeking recovery after six years of war. (Mon, 04 May 2009 16:56:00 GMT)

Iraq's Maliki in Paris seeking investment
Iraqi Prime Minister Nuri al-Maliki met French President Nicolas Sarkozy in Paris on Monday as he tries to drum up European investment for a country seeking recovery after six years of war. (Mon, 04 May 2009 16:56:42 GMT)

Investment-Grade Bond Sales May Rise 21% in 2009, Moody’s Says
May 4 (Bloomberg) -- Sales of investment-grade corporate bonds may grow 21 percent in 2009 as government guarantees and lower borrowing costs encourage companies to issue debt, Moody’s Capital Markets Research Group said. (Mon, 04 May 2009 17:22:18 GMT)

Investment bank chief eyes purchase of Sun-Times
A Chicago investment banker said Monday he is assembling a group to bid on the bankrupt Sun-Times Media Group. James Tyree, chairman of Mesirow Financial Holdings, said he is reviewing the Chicago-based media company's books, though his financial company... (Mon, 04 May 2009 23:08:45 GMT)

Investment bank chief eyes purchase of Sun-Times
A Chicago investment banker said Monday he is assembling a group to bid on the bankrupt Sun-Times Media Group. (Tue, 05 May 2009 00:04:42 GMT)

Investment bank chief eyes purchase of Sun-Times
A Chicago investment banker said Monday he is assembling a group to bid on the bankrupt Sun-Times Media Group. James Tyree, chairman of Mesirow Financial Holdings, said he is reviewing the Chicago-based media company's books, though his financial company would not be part of any bid. (Tue, 05 May 2009 00:04:42 GMT)

Investment bank chairman James Tyree putting together bid to buy Sun-Times Media Group
James Tyree, chairman of a Chicago-based investment bank, said today he is putting together a group to bid for the company that owns the Chicago Sun-Times. Tyree said he is reviewing the books of Sun-Times Media Group Inc. and discussed a bid last week with Jeremy Halbreich, the newspaper company's chairman. Sun-Times Media Group filed for Chapter 11 bankruptcy reorganization March 31. "It's not ... (Tue, 05 May 2009 00:15:00 GMT)

Investment Banking Takes Hit at UBS
The Swiss bank reported a first-quarter loss of 1.98 billion Swiss francs ($1.75 billion) primarily from losses suffered at its investment bank. (Tue, 05 May 2009 05:32:22 GMT)

Condos seen as attractive investment opportunity
TD Canada Trust said 44% of respondents in a survey of urban Canadians said conditions had improved over the last year with regard to the prospects of buying a condo for investment purposes (Tue, 05 May 2009 06:29:03 GMT)

San Mateo County will seek a federal bailout to cover investment loss when Lehman Brothers went bankrupt
San Mateo County wants a bailout, too. More than seven months after public agencies on the Peninsula lost $155 million worth of investments when Lehman Brothers went bankrupt, county leaders are set to testify at a hearing today in Washington, D.C., how the investment bank's failure delivered a financial blow to state and local governments (Tue, 05 May 2009 06:37:35 GMT)

VocaLink Secures GBP60 Million Shareholder Investment
LONDON, May 5 /PRNewswire/ -- VocaLink, the European payment specialist and central provider of services to the UK's Bacs, Faster Payments and LINK transactions, has announced today it has received an investment of GBP60 million in equity capital from its shareholders. (Tue, 05 May 2009 07:06:44 GMT)

Australia Trade Min Calls For Open Investment Regime In China
Australia's Trade Minister Simon Crean said in a speech in China Tuesday that foreign investment between the two countries should be a two-way street. (Tue, 05 May 2009 09:56:38 GMT)

SIME DARBY'S INITIAL INVESTMENT IN LIBERIA OVER 2 YEARS
KUALA LUMPUR, May 5 (Bernama) -- Sime Darby Plantation Sdn Bhd's initial investment of RM70 million in Liberia is over a two-year period, Sime Darby Bhd's president and group chief executive, Datuk Seri Ahmad Zubir Murshid, said today. (Tue, 05 May 2009 11:15:25 GMT)

Sime's Liberia investment covers 2 years (Business Times
SIME Darby Plantation Sdn Bhd's initial investment of RM70 million in Liberia is over a two-year period, Sime Darby Bhd's president and group chief executive, Datuk Seri Ahmad Zubir Murshid, said today. (Tue, 05 May 2009 14:21:01 GMT)

Early Glance: Investment Banks companies
(AP:NEW YORK) Shares of some top investment banks companies are up at 10 a.m.: Goldman Sachs rose $.42 or .3 percent, to $134.58. Morgan Stanley rose $.17 or .6 percent, to $27.19. (Tue, 05 May 2009 14:51:46 GMT)

Archer Daniels Profit Drops 98% on Investment Losses (Update3)
May 5 (Bloomberg) -- Archer Daniels Midland Co. , the world’s largest grain processor, said third-quarter profit declined 98 percent because of investment losses and lower demand for agricultural commodities. (Tue, 05 May 2009 15:48:43 GMT)

Canada private investment in R&D lags
Canada is lagging its global competitors on private investment in research and development and international collaboration, according to a report released on Tuesday. (Tue, 05 May 2009 16:05:00 GMT)

Archer Daniels Profit Drops 98% on Investment Losses (Update4)
May 5 (Bloomberg) -- Archer Daniels Midland Co. , the world’s largest grain processor, said third-quarter profit declined 98 percent because of investment losses and lower demand for agricultural commodities. (Wed, 06 May 2009 02:44:13 GMT)

Driving Stable Property Investment Strategy
Think that taking the property investment path is the road to financial uncertainty? Think again. So says Nikki Connors, industry commentator and director of the recently launched Propellor Property Investments. (Wed, 06 May 2009 04:10:57 GMT)

Claren Road Opens Hong Kong Office, Buys Asian Investment Grade
May 6 (Bloomberg) -- Claren Road Asset Management LLC, a $1.8 billion credit hedge fund manager founded by three former Citigroup Inc. senior traders, hired two ex-managing directors of the investment bank to open a Hong Kong office. (Wed, 06 May 2009 04:41:22 GMT)

Kuwait Finance denies Investment Dar suit filing
Kuwait Finance House (KFH) has denied reports about it filing a bankruptcy suit for Investment Dar. The statement explained that KFH had attended a meeting on Investment Dar's bankruptcy, but did not file for any document or lawsuit regarding the group's status, while affirming Investment Dar's obligation to settle its dues to the house and other parties. (Wed, 06 May 2009 05:05:07 GMT)

Investment bank chief eyes purchase of Chicago Sun-Times
CHICAGO -- A Chicago investment banker said Monday he is assembling a group to bid on the bankrupt Sun-Times Media Group. (Wed, 06 May 2009 05:07:51 GMT)

Foundation to host 11th annual Investment in Youth
District 279 Foundation has announced the upcoming An Investment in Youth event. The event will take place starting at 4:15 p.m. with the awards ceremony beginning at 6 p.m. Sunday, May 3 at Park Center Senior High School. (Wed, 06 May 2009 06:51:06 GMT)

Chat: Best investment plans for 2009!
Are you always at a loss while planning your finances? Are you aware of the investment options available in the market? How best can you plan your finances? (Wed, 06 May 2009 07:09:48 GMT)

Qatar- Private sector wary of draft foreign investment law
Qatar- Private sector wary of draft foreign investment law (Wed, 06 May 2009 07:21:47 GMT)

Munich Re Quarterly Profit Falls 46% on Lower Investment Income
May 6 (Bloomberg) -- Munich Re , the world’s biggest reinsurer, said first-quarter profit dropped 46 percent on lower investment income. Net income fell to 415 million euros ($551 million) from 767 million euros a year earlier, the Munich-based company said today in an e-mailed statement. (Wed, 06 May 2009 07:30:07 GMT)

Qatar: Private sector wary of draft foreign investment law
DOHA: Long accustomed to state patronage, the private sector feels the a new foreign investment law which is in the pipeline would expose them to fierce competition from overseas rivals. (Wed, 06 May 2009 07:55:59 GMT)

Munich Re Profit Falls 46% on Lower Investment Income (Update1)
May 6 (Bloomberg) -- Munich Re , the world’s biggest reinsurer, said first-quarter profit dropped 46 percent on lower investment income. Net income fell to 415 million euros ($551 million), or 2.12 euros a share, from 767 million euros, or 3.75 euros, a year earlier, the Munich-based company said today in an e-mailed statement. (Wed, 06 May 2009 09:07:15 GMT)

Investment manager charged with fraud
U.S. Attorney Laurie Magid yesterday filed formal criminal charges against Joseph S. Forte, a Broomall investment manager who allegedly defrauded investors of $20 million in a scheme that collapsed late last year. (Wed, 06 May 2009 10:00:57 GMT)

Munich Re Profit Falls 46% on Lower Investment Income (Update1)
May 6 (Bloomberg) -- Munich Re , the world’s biggest reinsurer, said first-quarter profit dropped 46 percent on lower investment income. Net income fell to 415 million euros ($551 million), or 2.12 euros a share, from 767 million euros, or 3.75 euros, a year earlier, the Munich-based company said today in an e-mailed statement . That missed the median estimate of 444 million euros from 15 ... (Wed, 06 May 2009 10:48:50 GMT)

BNP Paribas Profit Beats Estimates on Investment Bank Rebound
May 6 (Bloomberg) -- BNP Paribas SA , France’s largest bank, posted first-quarter earnings that beat analysts’ estimates as a rebound at the investment bank cushioned a surge in loan losses. (Wed, 06 May 2009 11:00:52 GMT)

Investment losses drag Numis into the red
Stockbroker Numis Securities plunged into the red at the interim stage thanks to losses on its investment portfolio. (Wed, 06 May 2009 14:42:00 GMT)

Fortress Investment Tops Street, Stock Surges
Fortress Investment reports first-quarter results that exceed estimates, despite a decline in assets. (Wed, 06 May 2009 15:17:22 GMT)

Munich Re Profit Falls 46% on Lower Investment Income (Update3)
May 6 (Bloomberg) -- Munich Re , the world’s biggest reinsurer, said first-quarter profit dropped 46 percent on lower investment income. Net income fell to 415 million euros ($551 million), or 2.12 euros a share, from 767 million euros, or 3.75 euros, a year earlier, Munich Re said today in a statement. (Wed, 06 May 2009 16:22:11 GMT)

Fortress Investment 1Q loss widens
Alternative asset manager Fortress Investment Group LLC said Wednesday that its first-quarter loss widened on $35 million of investment losses and charge for a balance sheet impairment. (Wed, 06 May 2009 16:25:55 GMT)

Earnings roundup: Fortress Investment Group, PG&E
Alternative asset manager Fortress Investment Group LLC said that its first-quarter loss widened on $35 million of investment losses and charge for a balance sheet impairment. (Wed, 06 May 2009 19:11:40 GMT)

Fortress Investment Tops Street (Update)
Fortress Investment reports first-quarter results that exceed estimates, despite a decline in assets. (Wed, 06 May 2009 20:47:42 GMT)

Prudential’s Profit Declines Amid Investment Losses (Correct)
(Corrects quarter in first paragraph.) May 6 (Bloomberg) -- Prudential Financial Inc. , the second- biggest U.S. life insurer, said first-quarter profit fell 77 percent on investment declines and the rising cost of guaranteeing minimum returns on retirement accounts for clients. (Wed, 06 May 2009 20:48:37 GMT)

Prudential Financial Posts Loss on Investment Losses
Prudential Financial (PRU) reported a loss after Wednesday’s closing bell and lowered its profit outlook for the year after taking a hit from investment losses. (Wed, 06 May 2009 23:05:07 GMT)

China Investment Corp. may buy B. of A.'s CCB shares: report
HONG KONG (MarketWatch) -- Bank of America Corp. (BAC) plans to sell part of its stake in China Construction Bank Corp. (0939.HK), and China's US$200 billion sovereign wealth fund, China Investment Corp., has agreed to buy most of the shares, Mingpao reported Thursday, citing unnamed sources. (Thu, 07 May 2009 03:10:42 GMT)

China’s Sovereign Fund Said to Have Named New Investment Heads
May 7 (Bloomberg) -- China Investment Corp. , the nation’s $200 billion sovereign wealth fund, has appointed new managers after a reorganization of its investment divisions last week, said three people familiar with the decisions. (Thu, 07 May 2009 04:26:20 GMT)

Vale Predicts 55% Drop in Mining Investment as Profit Falls
May 7 (Bloomberg) -- Cia. Vale do Rio Doce , the world’s biggest iron-ore producer, said global investment in the mining industry may fall by $60 billion this year after the company posted its third straight decline in quarterly profit. (Thu, 07 May 2009 05:15:03 GMT)

Gold Trades Little Changed in Asia as Investment Demand Fades
May 7 (Bloomberg) -- Gold traded little changed in Asia as investment demand faltered after gains in equities dimmed demand for the precious metal as an alternative investment. (Thu, 07 May 2009 05:41:03 GMT)

’09 investment list okayed
Malacañang approved the 2009 Investment Priorities Plan that grants fiscal incentives to investment-generating activities and to those seeking to preserve jobs amid the global economic slump.President Arroyo said the Board of Investments and other agencies drew up the 2009 IPP as a tool to generate investments and create jobs as well as preserve employment amid the challenging economic ... (Thu, 07 May 2009 06:58:55 GMT)

Dollar reserves up on foreign investment earnings
The Philippines" dollar reserves rose after posting inflows from net foreign exchange operations and investment income abroad, the Bangko Sentral ng Pilipinas (BSP) said. (Thu, 07 May 2009 07:54:56 GMT)

China’s Sovereign Fund Said to Have Named New Investment Heads
May 7 (Bloomberg) -- China Investment Corp. , the nation’s $200 billion sovereign wealth fund, has appointed new managers after a reorganization of its investment divisions last week, said three people familiar with the decisions. (Thu, 07 May 2009 08:55:09 GMT)

China’s CIC Said to Have Named New Investment Heads (Update1)
May 7 (Bloomberg) -- China Investment Corp. , the nation’s $200 billion sovereign wealth fund, has appointed new managers at its investment divisions, said three people familiar with the decisions. (Thu, 07 May 2009 10:43:19 GMT)

China’s CIC Said to Have Named New Investment Heads (Update2)
May 7 (Bloomberg) -- China Investment Corp. , the sovereign wealth fund that bought stakes in Blackstone Group LP and Morgan Stanley, has appointed new managers at its investment divisions, said three people familiar with the decisions. (Thu, 07 May 2009 11:06:43 GMT)

Federal Realty Investment Trust earnings fall 62%
It wasn’t deadbeat tenants that hurt the bottom line at Federal Realty Investment Trust last quarter but the legal system. (FRT) (Thu, 07 May 2009 12:46:57 GMT)

United Gulf Quarterly Net Drops 70% as Investment Income Falls
May 7 (Bloomberg) -- United Gulf Bank BSC, the Bahrain- based investment bank whose shares are traded in Bahrain and Kuwait, said first-quarter profit declined 70 percent as the global economic crisis hurt operations. (Thu, 07 May 2009 12:52:12 GMT)

Nebraska looking for new chief investment officer
Nebraska is looking for a new chief investment officer to help manage $12 billion in assets for 30 different state entities. (Thu, 07 May 2009 15:24:04 GMT)

Phoenix Cos. Names Investment Chief
Phoenix Cos. Inc. promoted Christopher M. Wilkos to executive vice president and chief investment officer. It announced Monday he will still report to James D. Wehr, the Hartford, Conn., investment manager's president and CEO who was chief investment officer before his own promotion last month. (Thu, 07 May 2009 16:21:25 GMT)

Indonesia Expects $16.6B Investment in Oil, Gas
Indonesian President Susilo Bambang Yudhohono said the government has set itself the target of attracting US$16.6 billion in investment in the oil and gas sector this year. (Thu, 07 May 2009 16:45:50 GMT)

Air Canada Gains as Treaty Raises Investment Prospect (Update1)
May 7 (Bloomberg) -- Air Canada jumped as much as 35 percent in Toronto trading on the possibility that an “open skies” accord between its home country and European nations may attract foreign investment in the carrier, an analyst said. (Thu, 07 May 2009 20:27:22 GMT)

Banks, investment firms draw less from Fed
Banks and investment firms borrowed far less over the past week from the Federal Reserve's emergency lending program, a hopeful sign some credit stresses are easing. (Thu, 07 May 2009 20:50:41 GMT)

Banks, investment firms draw less from Fed
WASHINGTON — The Federal Reserve says banks and investment firms borrowed far less over the past week from its emergency lending program, a hopeful sign some credit stresses are easing. (Thu, 07 May 2009 20:55:24 GMT)

Banks, investment firms draw less from Fed
Banks and investment firms borrowed far less over the past week from the Federal Reserve's emergency lending program, a hopeful sign some credit stresses are easing. The Fed on Thursday said commercial banks averaged $40.9 billion in daily borrowing over the... Related: Federal Reserve System - Commercial bank - Business - FederalReserve - Central bank (Thu, 07 May 2009 21:08:28 GMT)

Genworth 1st-qtr results fall on investment losses
Investment losses and subprime mortgage impairments drove Genworth Financial Inc. to a first-quarter loss, and the insurer said Thursday it plans to sell up to 49 percent of its Canadian mortgage insurance business to raise cash. (Thu, 07 May 2009 21:33:45 GMT)

Industry Welcomes Investment in Seismic Reseach
The Petroleum Exploration and Production Association today welcomed the announcement of an investment of a further $20 million over 3 years in the acquisition of seismic data by the Crown. (Fri, 08 May 2009 02:26:07 GMT)

China aircraft project needs $30 bln investment-CCTV
SHANGHAI, May 8 (Reuters) - China needs nearly $30 billion in investment to develop large commercial jets, which are scheduled for a maiden flight in 2014, state-owned CCTV said on Friday. (Fri, 08 May 2009 02:43:53 GMT)

The company also was planning to Increase the limit of making loan, investment, security, guarantee and hike the ...
Educomp Solutions announced that it plans to Hive-off of two divisions i.e. Vocational Education and Roots to Wings. The company also was planning to Increase the limit of making loan, investment, security, guarantee and hike the borrowing powers. (Fri, 08 May 2009 06:55:46 GMT)

Trigent focuses on SMB IT Investment Insights
SOUTHBOROUGH, MASSACHUSETTS: Trigent Software, Inc. announces its SMB Investment Insights focus to fuel revenue grow and provide competitive advantage to businesses and senior executives. (Fri, 08 May 2009 12:39:39 GMT)

Leap Wireless widens Q1 loss with Cricket investment, net subscribers double year-over-year
Leap Wireless, an affordable mobile service provider reported a widening first quarter loss of $47.4 million, or 74 cents per share, compared with last year's first quarter loss of $16.9 million, or 28 cents a share. The loss is mostly attributed to the company's investment in Cricket Broadband. (Fri, 08 May 2009 14:01:44 GMT)

EU, China agree to promote trade, investment
BRUSSELS - The European Union and China on Friday agreed to promote trade and investment as a way to counter the world economic crisis. (Fri, 08 May 2009 14:24:15 GMT)

China Increases Investment On Energy Conservation And Environmental Protection
According to a representative from China's National Development and Reform Commission, China has arranged CNY23 billion for energy conservation, emission control, and environmental protection since the fourth quarter of last year, which accounts for about 10% of the total investment. (Fri, 08 May 2009 14:32:07 GMT)

Early Glance: Investment Banks companies
(AP:NEW YORK) Shares of some top investment banks companies are mixed at 10 a.m.: Goldman Sachs rose $2.27 or 1.7 percent, to $136.00. Morgan Stanley fell $1.49 or 5.5 percent, to $25.65. (Fri, 08 May 2009 15:06:29 GMT)

(AFX UK Focus) 2009-05-08 16:09 BRIEF-Investment adviser settles US SEC charges of proxy violations
WASHINGTON, May 8 (Reuters) - The U.S. Securities and Exchange Commission: * Says charges Florida investment adviser for proxy voting rule violations. * Says Intech Investment Management LLC and former chief operating officer, David Hurley, settle the charges by paying penalties of $300,000 and $50,000, respectively. * Says Intech and Hurley agreed to settlement without admitting or denying ... (Fri, 08 May 2009 15:15:54 GMT)

NM looks at possible audit of investment funds
Legislators are taking steps toward a possible independent audit of New Mexico's pension and endowment funds because of questions about investments and hefty fees paid to placement agents by firms that won state investment deals. (Fri, 08 May 2009 15:31:30 GMT)

GMP profit drops 66% in investment banking slump
GMP Capital Trust, Canada’s second-biggest independent brokerage, said first-quarter profit fell 66% on a slowdown in investment-banking transactions. (Fri, 08 May 2009 15:55:24 GMT)

Ethical banking and investment booming in Britain
Britain’s ethical banking and investment sector is booming as conscientious savers and investors look to put their money into banks and businesses that support social change. (Fri, 08 May 2009 20:13:38 GMT)

Ivanhoe Mines says Oyu Tolgoi investment deal to be completed by mid-summer
VANCOUVER, B.C. - Ivanhoe Mines Ltd. (TSX:IVN) said Friday it expects a key investment agreement for development of its Oyu Tolgoi copper-gold project to be passed by Mongolia's parliament in the coming weeks, but some analysts are skeptical saying they've heard that line before. (Fri, 08 May 2009 20:31:00 GMT)

Diamond Hill profit plunges on investment losses
Diamond Hill Investment Group Inc. said Friday its first-quarter earnings dropped more than 80 percent as investment losses mounted. (DHIL) (Fri, 08 May 2009 21:13:41 GMT)

EU, China agree to promote trade, investment
The European Union and China on Friday agreed to promote trade and investment as a way to counter the world economic crisis. (Sat, 09 May 2009 03:32:49 GMT)

Dallas County grand jury indicts 5 accused of oil and gas investment fraud
A Dallas County grand jury has indicted a man and his three sons and another man accused of oil and gas investment fraud. (Sat, 09 May 2009 04:13:03 GMT)

EU, China agree to promote trade, investment to counter crisis
The European Union (EU) and China agreed on Friday to promote trade and investment as a way to get out of the current financial and economic crisis. "The two sides agreed that in the face of the current severe international financial crisis, China and the EU should strengthen cooperation," Chinese Vice Premier Wang Qishan told journalists after two days of high-level talks with senior EU ... (Sat, 09 May 2009 06:18:53 GMT)

GMP profit drops 66% in investment banking slump
GMP Capital Trust, Canada’s second-biggest independent brokerage, said first-quarter profit fell 66% on a slowdown in investment-banking transactions. (Sat, 09 May 2009 07:07:42 GMT)

Power-One Closes $60 million Investment
Camarillo-based Power-One, Inc. provider of power conversion and power management products, closed on a $60 million investment by Silver Lake Sumeru, an investment fund focused on middle-market technology enterprises. (Sat, 09 May 2009 07:51:23 GMT)

EU, China agree to promote trade, investment
The European Union and China on Friday agreed to promote trade and investment as a way to counter the world economic crisis. (Sat, 09 May 2009 07:59:33 GMT)

The National Investor announces major sponsorship deal with Abu Dhabi-GCC Health and Development Investment Forum
The National Investor (TNI) is pleased to announce a major sponsorship deal with the Abu Dhabi-GCC Health and Development Investment Forum 2009. (Sat, 09 May 2009 10:34:47 GMT)

(AFX UK Focus) 2009-05-09 13:00 Iran says higher oil price needed for investment-report
TEHRAN, May 9 (Reuters) - Iran's OPEC governor said the price should increase to $70-80 to help boost investment, state broadcaster IRIB reported on Saturday, a day after he was quoted as saying OPEC was expected to reduce output further. Mohammad Ali Khatibi also estimated compliance among OPEC members to earlier agreed production cuts at 85 percent in April, up from 81 percent in the previous ... (Sat, 09 May 2009 12:31:16 GMT)

Iran says higher oil price needed for investment: Report
Iran says higher oil price needed for investment: ReportIran says higher oil price needed for investment: Report (Sat, 09 May 2009 15:04:24 GMT)

GMP profit drops 66% in investment banking slump
GMP Capital Trust, Canada’s second-biggest independent brokerage, said first-quarter profit fell 66% on a slowdown in investment-banking transactions. (Sat, 09 May 2009 16:25:28 GMT)

Power-One Closes $60 million Investment
Camarillo-based Power-One, Inc. provider of power conversion and power management products, closed on a $60 million investment by Silver Lake Sumeru, an investment fund focused on middle-market technology enterprises. (Sat, 09 May 2009 16:51:17 GMT)

Higher prices needed for investment: Iran
Iran’s Opec governor said the price of oil should increase to $70-$80 to help boost investment, state broadcaster IRIB reported yesterday, a day after he was quoted as saying Opec was expected to reduce output further. (Sat, 09 May 2009 20:28:01 GMT)

Teacher nabbed over fake SM investment scheme
THE NATIONAL Bureau of Investigation filed charges on Friday against a public school teacher who allegedly lured several people, including fellow teachers, into a fraudulent investment scheme. (Sat, 09 May 2009 22:35:49 GMT)

GMP profit drops 66% in investment banking slump
GMP Capital Trust, Canada’s second-biggest independent brokerage, said first-quarter profit fell 66% on a slowdown in investment-banking transactions. (Sat, 09 May 2009 23:55:28 GMT)

Investment banking pays its way again
Royal Bank of Scotland's headlong expansion into investment banking through the acquisition of Dutch bank ABN Amro helped trigger the bank's near-collapse. Could investment banking also help drag it out of state ownership? (Sun, 10 May 2009 02:09:50 GMT)

Al Jaber 'women only' investment firm to launch
Fatima Al Jaber, CEO of Abu Dhabi-based Al Jaber Holdings has said that the UAE's central bank has approved the company, which will provide investment and asset management services for women and families. (Sun, 10 May 2009 06:19:57 GMT)

UAE to launch investment firm for women
10 May 2009 The UAE will launch a company that will provide investment and asset management services for women and families within an ongoing programme to support female business, the project manager said yesterday. (Sun, 10 May 2009 06:25:38 GMT)

Sabic, Sipchem join hands for Jubail investment
Sabic, Sipchem join hands for Jubail investment (Sun, 10 May 2009 07:04:17 GMT)

UBS Investment Bank completes acquisition of AIG's commodity index business
UBS Investment Bank completes acquisition of AIG's commodity index business (Sun, 10 May 2009 07:10:14 GMT)

Power-One Closes $60 million Investment
Camarillo-based Power-One, Inc. provider of power conversion and power management products, closed on a $60 million investment by Silver Lake Sumeru, an investment fund focused on middle-market technology enterprises. (Sun, 10 May 2009 07:51:20 GMT)

Buffett's investment fund in loss
Warren Buffett's investment firm makes its first loss in eight years due to a badly-timed purchase of stocks in an oil firm. (Sun, 10 May 2009 10:05:03 GMT)

Closer ties with China boost investment
Rapidly improving investment prospects have been few and far between since the global economic crisis hit late last year, but Taiwan has become an unlikely exception recently. (Sun, 10 May 2009 10:17:41 GMT)

(AFX UK Focus) 2009-05-10 11:19 TABLE-Israeli foreign direct investment $297 mln in March
May 10 (Reuters) - Foreigners injected $297 million of direct investment into Israel through local banks in March, after pumping in $567 million in February and $392 million in January, the Bank of Israel said on Sunday. (Sun, 10 May 2009 10:46:04 GMT)

CEO: Zain a catalyst for investment in Jordan
CEO: Zain a catalyst for investment in Jordan (Sun, 10 May 2009 11:07:35 GMT)

CBK governor: Leading investment companies in Kuwait still challenged
CBK governor: Leading investment companies in Kuwait still challenged (Sun, 10 May 2009 11:10:07 GMT)

Power-One Closes $60 million Investment
Camarillo-based Power-One, Inc. provider of power conversion and power management products, closed on a $60 million investment by Silver Lake Sumeru, an investment fund focused on middle-market technology enterprises. (Sun, 10 May 2009 16:51:19 GMT)

China’s Investment Growth May Quicken as Export Slump Eases
May 11 (Bloomberg) -- China’s investment growth probably accelerated as a decline in exports moderated, strengthening a fledgling recovery in the world’s third-biggest economy. (Mon, 11 May 2009 00:53:59 GMT)

GMP profit drops 66% in investment banking slump
GMP Capital Trust, Canada’s second-biggest independent brokerage, said first-quarter profit fell 66% on a slowdown in investment-banking transactions. (Mon, 11 May 2009 02:07:44 GMT)

GE Healthcare plans $6 bn investment to drive opportunities in emerging markets
GE Healthcare has planned an investment of $6 billion spread over six years and out of which, $3 billion is earmarked for research and development. Around $2 billion is allocated for financing the healthcare information technology in rural areas and $1 billion for partnership initiatives. (Mon, 11 May 2009 02:37:35 GMT)

Your Child's Math Skills: An Investment That Always Pays Off
(ARA) - You may be surprised to know that an investment in your child's education doesn't necessarily include a deposit into a college savings account. (Mon, 11 May 2009 06:20:02 GMT)

Banc of America Investment Services Sued By Former Investment Broker for Peddling Fraudulent Investments
Broker sues Bank of America Investment Services, Inc. for putting its own interests above that of their clients and concealing wrongful conduct. (Mon, 11 May 2009 07:01:00 GMT)

Couple say they lost almost $100,000 in AREI investment
Brenda and Larry Phillips had been trusting all around - and proud of it.But the Livermore couple is wary and shaken these days, after losing nearly $100,000 in last year's implosion of Asset Real Estate Investment Co. (AREI), the Redding-based property acquisition firm. (Mon, 11 May 2009 07:02:00 GMT)

1 2 3 4 Next

 

Home Investment News Investment Guide Investment Services Resources Blog Links
© Copyright InvestmentHelper.org. All rights reserved. About Us | Site Map