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Investment News 11/2009 (Page 4)



Investment banking drives Barclays (Financial Times)
Barclays said on Tuesday that its underlying profit had more than doubled in the first nine months of 2009, fuelled by the strong performance of Barclays Capital, its investment banking arm.
Investment banking boosts Barclays profits (Independent)
Barclays said today that it had delivered third-quarter profits of £1.56 billion after another strong performance from its investment banking business.
World's leading construction equipment manufacturer to increase investment in China (People's Daily)
Terex, the world's third largest construction equipment manufacturer, would further increase its investment in China though its business was affected by the financial crisis, China Daily reported Tuesday. The newspaper offered no details on the investment. Terex acquired the world's largest port equipment manufacturer Fantuzzi-Noell and its plants in China in July this year. The move clearly ...
Energy agency warns of falling investment (AP via Yahoo! News)
The global financial crisis has led to a dangerous drop in energy investment around the world which could choke off the nascent economic recovery, the International Energy Agency said Tuesday.
Drop in Energy Investment Could Hurt Recovery (ABC News)
Int'l Energy Agency warns of falling investment in oil and renewable energy. Advertisement: National Geographic Channel - Expedition Week Search for the Amazon Headshrinkers Sunday 9P e/p They say that shrinking heads is no longer practiced. We’re going to ask the experts. Premieres Sunday at 9P e/p on Nat Geo. Learn more at www.natgeotv.com/expeditionweek   Ads by ...
Energy agency warns of falling investment (San Francisco Chronicle)
The global financial crisis has led to a dangerous drop in energy investment around the world which could choke off the nascent economic recovery, the International Energy Agency said Tuesday. The warning from the Paris-based agency comes just a month ahead... International Energy Agency - Energy - Paris - Economy - Technology
Retail investment resurgence (The Age)
Melbourne's retail investment market has improved, with sales topping $450 million so far this year, already well above the 2008 level.
Wataniya Palestine to receive $700 mln investment (Reuters via Yahoo! Philippines News)
RAMALLAH, West Bank, Nov 10 (Reuters) - Investment of $700 million is planned in mobile phone company Wataniya Palestine over the next 10 years, the chairman of Qatar Telecommunications said on Tuesday.
Early Glance: Investment Banks companies (AP via Yahoo! Finance)
NEW YORK (AP) -- Shares of some top investment banks companies are mixed at 10 a.m.: Goldman Sachs rose $.38 or .2 percent, to $176.95. Morgan Stanley fell $.22 or .6 percent, to $33.73.
Energy agency warns of falling investment (Houston Chronicle)
The global financial crisis has led to a dangerous drop in energy investment around the world which could choke off the nascent economic recovery, the International Energy Agency said today.
Investment Banker Gotbaum to Head Pension Agency (Bloomberg via Yahoo! News)
Nov. 10 (Bloomberg) -- Joshua Gotbaum, an investment banker and former official in the Bill Clinton administration, was chosen by President Barack Obama to head the deficit-ridden Pension Benefit Guaranty Corp.
Chinese investment on the rise (The Nation - Thailand's English news)
Chinese involvement in trade and investment in Thailand is on the rise, with investment projects worth US$733 million (Bt24.5 billion) in the pipeline.
Midday Glance: Investment Banks companies (AP via Yahoo! Finance)
NEW YORK (AP) -- Shares of some top investment banks companies are down at noon: Goldman Sachs fell $.49 or .3 percent, to $176.08. Morgan Stanley fell $.43 or 1.3 percent, to $33.53.
Bredesen: Biofuels investment back in 'good shape' (AP via Yahoo! News)
Gov. Phil Bredesen said Tuesday that a private investment deal is back on track following discussions between the company and the head of a legislative panel that questioned a state-backed biofuels initiative in East Tennessee.
Bredesen: Biofuels investment back in 'good shape' (San Francisco Chronicle)
Gov. Phil Bredesen said Tuesday that a private investment deal is back on track following discussions between the company and the head of a legislative panel that questioned a state-backed biofuels initiative in East Tennessee. The Legislature's Fiscal Review... East Tennessee - Phil Bredesen - Tennessee - United States - Legislature
Final Glance: Investment Banks companies (AP via Yahoo! Finance)
NEW YORK (AP) -- Shares of some top investment banks companies were down at the close of trading: Goldman Sachs fell $.06 or percent, to $176.51. Morgan Stanley fell $.25 or .7 percent, to $33.70.
Major investors pushing oil as investment tool despite risks (UPI)
LONDON, Nov. 10 (UPI) -- High-value investors including the pension funds are pushing oil as an instrument of high-yield investment, a factor that is keeping oil prices high amid low interest rates and low energy demand, a London think tank said Tuesday.
Asia Needs Infrastructure Investment for Growth, Singapore Says (Bloomberg)
Nov. 11 (Bloomberg) -- Asia’s infrastructure is under-funded and the region must boost domestic demand and investment to help drive growth in the medium term, Singapore’s Finance Minister Tharman Shanmugaratnam said today.
Investment guru in Asia to promote index (MalaysiaNews.net)
KUALA LUMPUR: The Royal Bank of Scotland (RBS) has teamed up with Wall Street investment guru Joel Greenblatt of Gotham Capital International to launch a new family of indices - based on the value inv...
TPG May Team With American Airlines on JAL Investment (Update1) (Bloomberg)
Nov. 11 (Bloomberg) -- TPG Inc., the private-equity company that backed a failed takeover bid for Qantas Airways Ltd. in 2007, may team with American Airlines for a possible investment in Japan Airlines Corp.
Early Glance: Investment Banks companies (AP via Yahoo! Finance)
NEW YORK (AP) -- Shares of some top investment banks companies are up at 10 a.m.: Goldman Sachs rose $3.45 or 2.0 percent, to $179.96. Morgan Stanley rose $.43 or 1.3 percent, to $34.13.
Plex Systems Receives $6 Million Equity Investment (dBusinessNews.com)
AUBURN HILLS, MI - Plex Systems, Inc., provider of the No. 1 rated ERP software for manufacturers , today announced the company has received an investment totaling $6 million USD from multiple sources.
JVP and Giza Announce A-Round Investment in Early-Stage Startup XtremIO (redOrbit)
TEL AVIV, Israel, November 11 /PRNewswire/ -- JVP and Giza, two leading Israeli venture capital funds, have announced an A-round investment in XtremIO, an early-stage venture developing Solid State Drive (SSD) data storage systems.
S'pore, Brazil reaffirm benefits of improving trade and investment (Channel NewsAsia)
SINGAPORE: The inaugural meeting of the Brazil-Singapore Joint Committee on Promoting Trade and Investment was held in Singapore on Wednesday.
NeuroTherapeutics Pharma Receives Investment From The Epilepsy Therapy Project (Medical News Today)
NeuroTherapeutics Pharma, Inc., or NTP, a biopharmaceutical company focused on developing novel therapies for central nervous system (CNS) disorders, today announced that it received a $100,000 investment from the Epilepsy Therapy Project.
Police investigating investment scam against seniors (Orange County Register)
GARDEN GROVE – The Garden Grove Police Department is looking for victims of an investment fraud scheme that may have targeted senior citizens in the community. Police consider this an elder abuse case because they have received complaints from...
Is Gold A Safe Investment? (Forbes)
Gold is widely thought to be a safe investment. But is it right for everyone?
Final Glance: Investment Banks companies (AP via Yahoo! Finance)
NEW YORK (AP) -- Shares of some top investment banks companies were up at the close of trading: Goldman Sachs rose $3.34 or 1.9 percent, to $179.85. Morgan Stanley rose $.05 or .1 percent, to $33.75.
New Haiti PM promises to focus on investment (AP via Yahoo! News)
Haiti's new prime minister was inaugurated Wednesday and promised to attract more investment and create jobs, while forging good relations with lawmakers who have ousted two heads of government in as many years.
New Haiti PM promises to focus on investment (San Francisco Chronicle)
Haiti's new prime minister was inaugurated Wednesday and promised to attract more investment and create jobs, while forging good relations with lawmakers who have ousted two heads of government in as many years. Jean-Max Bellerive, the sixth person to hold... Prime minister - Haiti - Head of government - Caribbean - Society and Culture
BUSINESS : Pay Attention to These Investment Risks (Kompas)
Five Investment Risks according to Sri Mulyani, and Governments effort to minimize them
Investment-Grade Composite Spread Widens To 223 Basis Points (Thaipr.net)
Standard & Poor's investment-grade composite spread expanded one basis point yesterday to 223 basis points (bps), while its speculative-grade counterpart tightened 2 bps to 701 bps. By rating, the 'AA
AXA Investment Managers Names Leoni New Asia-Pacific Head (Nasdaq)
HONG KONG -(Dow Jones)- AXA Investment Managers, the asset management arm of insurance giant AXA SA (AXA), said Thursday it named Jean-Pierre Leoni as head of Asia-Pacific, effective Jan. 1.
Guoco says BEA stake remains a strategic investment (Reuters via Yahoo! Singapore News)
HONG KONG, Nov 12 (Reuters) - Malaysian conglomerate Guoco Group <0053.HK> said on Thursday its stake in Bank of East Asia <0023.HK> remains one of its strategic investments under its principal investment business.
Thai Bangchak plans 6-7.5 bln baht investment in 2010-2011 (Reuters via Yahoo! Malaysia News)
BANGKOK, Nov 12 (Reuters) - Thai oil refiner Bangchak Petroleum PCL said on Thursday it planned to spend 6.0-7.5 billion baht ($180-226 million) in 2010-2011, partly on ethanol investment.
AXA Investment Names Jean-Pierre Leoni as Asia-Pacific Head (Bloomberg)
Nov. 12 (Bloomberg) -- AXA Investment Managers said it named Jean-Pierre Leoni as head of Asia Pacific. Leoni will develop AXA’s presence in the region, which also includes Australia. He will be based in Hong Kong and will start his new role on Jan. 1, AXA said in an e-mailed statement.
Gazprom ups 2010 investment to $28 bln-source (Reuters via Yahoo! Singapore News)
* Total investment to be 802 bln rbls vs 761 bln
Racism Claims Impede $64 Billion S. Africa Investment (Update2) (Bloomberg)
Nov. 12 (Bloomberg) -- Political interference and claims of racism at South Africa’s biggest state-owned companies have left them leaderless, threatening to delay $64 billion in investment and slow the economy’s recovery from recession.
Early Glance: Investment Banks companies (AP via Yahoo! Finance)
NEW YORK (AP) -- Shares of some top investment banks companies are mixed at 10 a.m.: Goldman Sachs rose $1.35 or .8 percent, to $181.20. Morgan Stanley fell $.25 or .7 percent, to $33.50.
Coca-Cola to invest $5.8 billion in Brazil through 2014, 75 pct boost from current investment (Minneapolis-St. Paul Star Tribune)
ATLANTA - Coca-Cola Co. is investing $5.8 billion in Brazil in the next five years, a marked increase from its current investment. The world's largest soft drink maker announced the investment — which lasts from 2010 to 2014 — on Thursday.
Investment boutique launches ‘emotional asset fund’ (Financial Times)
Books, coins and stamps are often viewed as collectables that belong in a cupboard or on a shelf, stored away for good. But Bernard Duffy, the managing director of Emotional Assets Management & Research (EAMR) makes these assets work as an investment.
Oao Gazprom Approves Draft Investment Program And Budget (Nasdaq)
LONDON -(Dow Jones)- OAO Gazprom (OGZD.LN), an energy company, announced Thursday that committee approval of its draft Investment Program, Budget and Cost Optimization (Reduction) Program for 2010 and reviews projected major financial documents over 2011 to 2012.
Midday Glance: Investment Banks companies (AP via Yahoo! Finance)
NEW YORK (AP) -- Shares of some top investment banks companies are down at noon: Goldman Sachs fell $.65 or .4 percent, to $179.20. Morgan Stanley fell $.36 or 1.1 percent, to $33.39.
Canada Real Estate May Be Good Investment, Watsa Says (Update2) (Bloomberg)
Nov. 12 (Bloomberg) -- Canadian commercial real estate may be a profitable investment in coming years, Fairfax Financial Holdings Ltd. Chief Executive Officer Prem Watsa said.
Final Glance: Investment Banks companies (AP via Yahoo! Finance)
NEW YORK (AP) -- Shares of some top investment banks companies were down at the close of trading: Goldman Sachs fell $1.37 or .8 percent, to $178.48. Morgan Stanley fell $.74 or 2.2 percent, to $33.01.
Thai PM opens “SET in the City 2009” investment extravaganza (Thaipr.net)
Prime Minister Abhisit Vejjajiva presided over the “SET in the City 2009,” a major investment fair organized by The Stock Exchange of Thailand, and gave a speech on “When the Thai capital market moves
TRANEN CAPITAL ALTERNATIVE INVESTMENT FUND LISTS CLASS A SHARES ON THE IRISH STOCK EXCHANGE (Bernama via Yahoo! Malaysia News)
ATTENTION EDITOR, BUSINESS & FINANCE DESKS ROAD TOWN, Nov. 13 /PRNewswire-AsiaNet/ -- Tranen Capital Alternative Investment Fund Ltd. is pleased to announce a successful listing on the Irish Stock Exchange (www.ise.ie).
Sanlam Unit Buys U.K. Investment Manager, Business Report Says (Bloomberg)
Nov. 13 (Bloomberg) -- Sanlam International Investment Partners has bought a 29.9 percent stake in U.K. investment manager, Four Capital Partners, for an undisclosed amount, Business Report said.
Exports, investment boost German GDP  (Reuters via Yahoo! UK & Ireland News)
German economic growth accelerated in the third quarter on firmer exports and investment in equipment and construction, the Federal Statistics Office said on Friday.
Aegon backs referrals for investment advisers (Money Marketing Online)
Aegon says advisers should not have to cover all areas of investment to be considered independent as long as they can refer clients to another adviser within their firm for specialist advice.