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Investment News Dec 2009

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India approves Mitsui, Diageo investment plans-finmin
NEW DELHI, Dec 30 (Reuters) - India has approved investment plans of Japanese firm Mitsui <8031.T> and Britain's Diageo , the world's biggest spirits company, the finance ministry said in a statement on Wednesday. (Wed, 30 Dec 2009 07:51:16 GMT)

2009 the year of investment scam collapses
MIAMI It was a rough year for Ponzi schemes. In 2009, the recession unraveled nearly four times as many of the investment scams as fell apart in 2008, with "Ponzi" becoming a buzzword again thanks to the collapse of Bernard Madoff's $50 billion plot. Tens of thousands of investors, some of them losing their life's savings, watched more than $16.5 billion disappear like smoke in 2009, according ... (Wed, 30 Dec 2009 10:59:10 GMT)

Contravisory Investment CEO Bill Noonan appears on Bloomberg TV's
HINGHAM, MA, ISSUED DECEMBER 29, 2009…Bill Noonan, CEO of Contravisory Investment Management, a Hingham-based investment management firm specializing in equity portfolio management for high net worth individuals, families and institutions was a recent guest on the nationally aired Bloomberg Television show “Street Smart” where he addressed the 2010 stock market outlook. (Wed, 30 Dec 2009 14:39:31 GMT)

Early Glance: Investment Banks companies
NEW YORK (AP) -- Shares of some top investment banks companies are up at 10 a.m.: Goldman Sachs rose $.93 or .6 percent, to $165.05. Morgan Stanley rose $.03 or .1 percent, to $29.46. (Wed, 30 Dec 2009 15:19:06 GMT)

KMT plans new sale of Central Investment Co
The Chinese Nationalist Party (KMT) wants to sell the Central Investment Co by June 30 to resolve issues involving contentious assets and streamline itself into an “election machine,” KMT Secretary-General King Pu-tsung (金溥聰) said yesterday. (Wed, 30 Dec 2009 16:06:30 GMT)

Investment Centers of America Continues to Expand
Investment Centers of America hired Tucker Muhrer as vice president of the independent broker-dealer’s new business development unit. He will be responsible for marketing ICA’s business capabilities to independent advisors, as well as banks. (Wed, 30 Dec 2009 17:08:34 GMT)

Midday Glance: Investment Banks companies
NEW YORK (AP) -- Shares of some top investment banks companies are up at noon: Goldman Sachs rose $2.89 or 1.8 percent, to $167.01. Morgan Stanley rose $.10 or .3 percent, to $29.53. (Wed, 30 Dec 2009 17:49:23 GMT)

Much of Hawaii's investment portfolio off limits
Hawaii is unwilling to access $975 million in its investment portfolio for fear of taking a $200 million loss. (Wed, 30 Dec 2009 19:05:24 GMT)

Much of Hawaii's investment portfolio off limits
Hawaii is unwilling to access $975 million in its investment portfolio for fear of taking a $200 million loss. That's what state Finance Director Georgina Kawamura told state lawmakers at a joint House-Senate informational hearing. (Wed, 30 Dec 2009 19:05:24 GMT)

Investment group buys 3 office buildings in Addison
A Dallas investment group has purchased three Addison office buildings. (Wed, 30 Dec 2009 19:42:20 GMT)

Final Glance: Investment Banks companies
NEW YORK (AP) -- Shares of some top investment banks companies were up at the close of trading: Goldman Sachs rose $2.58 or 1.6 percent, to $166.70. Morgan Stanley rose $.06 or .2 percent, to $29.49. (Wed, 30 Dec 2009 23:00:57 GMT)

M’sia still a competitive investment destination
KUALA LUMPUR: Malaysia continues to be a safe and competitive investment destination in Asia due to its well-developed physical and institutional infrastructure compared with other countries on the continent. (Thu, 31 Dec 2009 01:06:47 GMT)

M’sia still a competitive investment destination
KUALA LUMPUR: Malaysia continues to be a safe and competitive investment destination in Asia due to its well-developed physical and institutional infrastructure compared with other countries on the continent.The national economy is expected to continue showing low inflation, a strong current account surplus, stable monetary and exchange rates and a resilient banking sector despite the current ... (Thu, 31 Dec 2009 01:56:47 GMT)

SDC receives more than RM4 bln in private sector investment
KOTA KINABALU: The Sabah Development Corridor (SDC) has received more than four billion ringgit in investments from the private sector to date.“In addition, another RM20 billion is in the planning stage,” said the Chief Minister Datuk Seri Musa Aman in his opening remarks, while chairing the fourth meeting of the Sabah Economic Development and Investment Authority (Sedia), here. (Thu, 31 Dec 2009 02:00:53 GMT)

VC Investment in Greentech Approaches $5B in 2009
Cambridge, MA — VC investment in green technologies totaled $4.85 billion in 356 deals in 2009, down from 2008's $7.6 billion, though the number of deals in 2009 exceeded the previous year, as entrepreneurs and venture firms look to greentech to help lead the economy back to health. (Thu, 31 Dec 2009 07:48:36 GMT)

Turkey weighs investment in Iran South Pars
Turkey continues discussions with Iran over an investment in three phases of Iran's South Pars gas field as well as a gas swap, the Iranian Oil Minister says. (Thu, 31 Dec 2009 07:57:38 GMT)

Bahraini investment firm recruits top personnel to capitalize on opportunities in GCC market
Finance and investment firms throughout the Gulf region are making strategic appointments to take advantage of the regional financial market’s resilience against the global economic downturn. (Thu, 31 Dec 2009 11:20:05 GMT)

Wyoming's investment portfolio recoups losses
Wyoming recouped more than $1 billion in the value of its investment portfolio in 2009. The state now has recovered fully from the paper losses it suffered in the recent economic downturn. (Thu, 31 Dec 2009 14:29:15 GMT)

Corn, Soy, Wheat Called Higher on Investment Demand (Update1)
Dec. 31 (Bloomberg) -- What follows are opening calls for U.S. grain and oilseed markets. -- Corn futures are called to open 2 cents to 4 cents a bushel higher on the Chicago Board of Trade on speculation that the dollar will decline next year, increasing investment demand for commodities as a hedge against inflation, said Greg Grow , the agribusiness director at Archer Financial Services in ... (Thu, 31 Dec 2009 15:23:57 GMT)

Al Ahli Bank Sells 5% Stake to Qatar Investment Authority
Dec. 31 (Bloomberg) -- Al Ahli Bank QSC, a Qatari lender, said it received funds from the country’s sovereign wealth fund to bolster its capital. The funds will increase the Qatar Investment Authority’s stake in the bank by 5 percent, Al Ahli said in a release on the Qatar Exchange Web site. (Thu, 31 Dec 2009 15:36:22 GMT)

Early Glance: Investment Banks companies
NEW YORK (AP) -- Shares of some top investment banks companies are up at 10 a.m.: Goldman Sachs rose $.82 or .5 percent, to $167.52. Morgan Stanley rose $.08 or .3 percent, to $29.57. (Thu, 31 Dec 2009 15:36:47 GMT)

BRIEF-Turkey's Eczacibasi to apply to form investment bank
ISTANBUL, Dec 31 (Reuters) - Turkish investment company Eczacibasi Yatirim Holding and pharamaceuticals company Eczacibasi Ilac . (Thu, 31 Dec 2009 15:50:00 GMT)

Orissa clears Rs 30,000 crore investment proposals
Bhubaneswar, Dec 31 (PTI) The Orissa government today approved 16 investment proposals worth about Rs 30,000 crore, including the expansion plan of domestic major Aditya Alumina Ltd. (Thu, 31 Dec 2009 16:10:12 GMT)

Orissa clears Rs 30,000 cr investment proposals
The Orissa government today approved 16 investment proposals worth about Rs 30,000 crore, including the expansion plan of domestic major Aditya Alumina. (Thu, 31 Dec 2009 16:45:43 GMT)

Midday Glance: Investment Banks companies
NEW YORK (AP) -- Shares of some top investment banks companies are up at noon: Goldman Sachs rose $2.70 or 1.6 percent, to $169.40. Morgan Stanley rose $.24 or .8 percent, to $29.73. (Thu, 31 Dec 2009 18:10:34 GMT)

Kohlberg Capital Sued for Fraud Over Investment Value (Update2)
Dec. 31 (Bloomberg) -- Kohlberg Capital Corp., the investment company taken public in 2006 by leveraged-buyout pioneer Jerome Kohlberg , was sued by an investor who says the company lied about the value of its portfolio. (Thu, 31 Dec 2009 19:35:19 GMT)

Final Glance: Investment Banks companies
NEW YORK (AP) -- Shares of some top investment banks companies were up at the close of trading: Goldman Sachs rose $2.14 or 1.3 percent, to $168.84. Morgan Stanley rose $.11 or .4 percent, to $29.60. (Thu, 31 Dec 2009 22:44:45 GMT)

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