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Investment News 01/2010 (Page 7)



BlackRock’s Amero to Retire as Bond Investment Chief (Correct) (Bloomberg)
(Corrects, in information line, to show BlackRock executives are quoted in fourth and final paragraphs.) Jan. 20 (Bloomberg) -- BlackRock Inc. said Scott Amero stepped down as co-head and chief investment officer of its fixed-income unit, whose assets rose 77 percent to $958 billion following the December purchase of Barclays Global Investors.
BofA Defers More Investment Banking Pay, CEO Says (Update2) (Bloomberg)
Jan. 20 (Bloomberg) -- Bank of America Corp. , the lender that bought Merrill Lynch & Co. last year, plans to use more deferred compensation to pay its investment bankers, Chief Executive Officer Brian Moynihan said.
TABLE-Breakdown of China's 2009 fixed investment (Reuters via Yahoo! Philippines News)
BEIJING, Jan 21 (Reuters) - China's National Bureau of Statistics on Thursday gave the following breakdown of Chinese urban fixed-asset investment for 2009.
Australia Rules Out Bank-Bonus Tax to Woo Investment (Update2) (BusinessWeek)
Australia’s government ruled out imposing an extra tax on bankers’ bonuses as it seeks to attract investment and promote itself as a financial hub.
Byron Wien Says Growth Makes Japanese Stocks ‘Best’ Investment (Bloomberg)
Jan. 21 (Bloomberg) -- An improving economy in Japan may make the country’s stocks the best investment among the world’s biggest markets in 2010, Blackstone Group LP’s Byron Wien said.
Maybank Investment Bank tops MARC lead managers list (The Edge Daily)
KUALA LUMPUR: Maybank Investment Bank Berhad topped Malaysian Rating Corporation Bhd’s (MARC) Lead Managers League Tables for 2009 in terms of value and number of issues.
US investment for UCC spin-out (RTÉ News)
A Cork-based company which makes sensors and tests used in research by pharmaceutical companies has received a €2.5m investment from a US company. Luxcel Biosciences was set up in Cork in 2002 with support from Enterprise Ireland.
SAP and Hasso Plattner Ventures Announce Joint Strategic Investment in RIB Software (redOrbit)
WALLDORF, Germany, Jan. 21 /PRNewswire-FirstCall/ -- SAP AG (NYSE: SAP) and Hasso Plattner Ventures today announced they have made a minority co-investment in RIB Software AG (RIB), a leading technology company in the construction industry.
Early Glance: Investment Banks companies (AP via Yahoo! Finance)
NEW YORK (AP) -- Shares of some top investment banks companies are down at 10 a.m.: Goldman Sachs fell $1.21 or .7 percent, to $166.58. Morgan Stanley fell $.54 or 1.8 percent, to $30.09.
Union Pacific:Train Safety Regulations May Restrain Investment (Fox News)
Union Pacific:Train Safety Regulations May Restrain Investment
THEATER REVIEW: ‘Money’ is shaky investment (Norton Mirror)
If you were lucky enough to see playwright Gip Hoppe’s hilarious “A New War” at Jimmy Tingle’s Off Broadway in Somerville about seven years ago, then you’ll probably walk into the Boston Center for Arts to see his new piece, “Boyce and Melinda’s Investment Strategies for the Post-Money World!” with high expectations.
Investment jumped in ‘09 (Fort Saskatchewan Record)
Total investment in Fort Saskatchewan last year jumped by 15.8 per cent over 2008 and is down slightly from the height of the boom in 2007, according to recently released city stats.
UPDATE: Union Pacific: Safety Rules May Restrain Investment (Fox News)
UPDATE: Union Pacific: Safety Rules May Restrain Investment
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 $9.27 or 5.5 percent, to $158.52. Morgan Stanley fell $1.80 or 5.9 percent, to $28.83.
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 $6.92 or 4.1 percent, to $160.87. Morgan Stanley fell $1.29 or 4.2 percent, to $29.34.
N.J. officials call investment audit flawed (The Star-Ledger)
Tony Kurdzuk/The Star-LedgerWilliam Clark, outgoing director of the state division of investment, in a 2008 file photo.TRENTON -- State investment officials said today it would be irresponsible and expensive to build an in-house staff to invest in emerging markets, despite...
Sumitomo board clears Nufarm investment (Sydney Morning Herald)
The board of Japan's Sumitomo Chemical Company Ltd has approved its strategic investment in agricultural chemicals supplier Nufarm Ltd.
3G network construction drives 589 bln yuan domestic investment in 2009 (People's Daily)
The Ministry of Industry and Information Technology (MIIT) said January 20 that the business revenues of China's telecom industry did not rapidly rise along with the popularity of the 3G business in 2009, and is expected to rise by only 4 percent. Meanwhile, the construction of 3G networks has indirectly boosted domestic investment by 589 billion yuan and directly increased consumption by 36.4 ...
Safaricom Rises Most in 4 Days on Dividend Re-Investment Plan (Bloomberg)
Jan. 22 (Bloomberg) -- Safaricom Ltd., Kenya’s biggest mobile-network operator, rose the most in four days after saying it may introduce a dividend re-investment plan which allows shareholders to buy more shares with their dividends.
Unified rules for collective investment schemes sought (Manila Bulletin)
Senator Edgardo J. Angara Friday said that the country needs a Collective Investment Schemes (CIS) bill in order to establish a comprehensive regulatory framework for all forms of CIS and to catch up with the worldwide trend in CIS regulation.
China OKs Hanlong's $200 mln investment in Moly Mines (Reuters via Yahoo! Singapore News)
* Investment needs two more approvals
Moly Mines says Sichuan Hanlong gets Chinese government approval for investment (The Canadian Press via Yahoo! Canada News)
TORONTO - Sichuan Hanlong Group has been given a green light from a regulatory wing of China's government to make a US$200-million controlling investment in Moly Mines Ltd. (TSX:MOL) .
Nierenberg Investment Sells $1.9M Worth of Natus Medical (TheStreet.com)
Nierenberg Investment Mgt sells 127,489 shares of BABY, making the Top 10 list of insider purchases and sales.
Early Glance: Investment Banks companies (AP via Yahoo! Finance)
NEW YORK (AP) -- Shares of some top investment banks companies are down at 10 a.m.: Goldman Sachs fell $4.23 or 2.6 percent, to $156.64. Morgan Stanley fell $.85 or 2.9 percent, to $28.49.
Stone Investment Group Limited Reports Annual Results (Marketwire)
TORONTO, ONTARIO--(Marketwire - Jan. 22, 2010) - Stone Investment Group Limited ("SIG") yesterday released its audited annual financial results for the year ended September 30, 2009. The full financial statements for the year, including Management's Discussion and Analysis, are available on SEDAR at www.SEDAR.com. About Stone Investment Group Limited Stone Investment ...
Dollar Falls on Concern Obama’s Bank Plan Will Pare Investment (Bloomberg)
Jan. 22 (Bloomberg) -- The dollar fell from almost the highest level against the euro since July on speculation President Barack Obama ’s proposal to rein in trading by financial institutions will reduce investment in U.S. assets.
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 $3.88 or 2.4 percent, to $156.99. Morgan Stanley fell $1.17 or 4.0 percent, to $28.17.
Infra sector needs $1.7-trillion investment in 10yrs: Goldman Sachs (The Economic Times)
Investment banking company Goldman Sachs on Friday said India's infrastructure story is going to be big and the country will require $1.7-trillion investment in the next 10-years for the sector.
NM panel looking into investment scandal (San Francisco Chronicle)
A Senate committee is looking into allegations that state agencies are stonewalling a whistleblower lawsuit that seeks to recover money from failed public investments. The Senate Judiciary Committee on Thursday agreed to ask the State Investment Council, the... Committee - United States Senate - Senate - United States - Government
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 $6.75 or 4.2 percent, to $154.12. Morgan Stanley fell $1.54 or 5.2 percent, to $27.80.
Dollar Falls on Concern Obama’s Bank Plan Will Pare Investment (Bloomberg)
Jan. 22 (Bloomberg) -- The dollar fell from almost the highest level against the euro since July and dropped against the yen on speculation President Barack Obama ’s proposal to rein in trading by financial institutions will reduce investment in U.S. assets.
Analyst: AT&T Needs $5 Billion Investment To Keep Up (ChannelWeb)
AT&T has done well with the iPhone, but the prospect of losing its exclusive contract with Apple and its slow investment in new wireless technologies could hurt its competitiveness in the future, according to a investment research analyst.
'Samsung may up chip investment' (Asia News Network)
Samsung Electronics is expected to raise its semiconductor investment to 7 trillion won ($6 billion) this year by building a new manufacturing plant, a local report said.
Egypt’s investment minister pays visit (Việt Nam News)
HA NOI — Egyptian Minister of Investment Mahmoud Mohieldin will arrive in Ha Noi today to start his four-day visit trip to promote investment opportunities in Egypt as well as enhance business co-operation between the two countries.
Dr M: My 9/11 comment won't affect investment (AsiaOne)
KUALA LUMPUR, MALAYSIA - Former prime minister Tun Dr Mahathir Mohamad believes that his statement that the 9/11 incident in the United States was staged would not hamper Malaysia's move to attract foreign direct investment.
Brazilian president calls for more investment in pharmaceuticals (People's Daily)
Brazilian President Luiz Inacio Lula da Silva on Friday praised funding for advanced technology related to health care and called for more investment in the pharmaceutical industry. Lula spoke during the inauguration of a pharmaceutical unit belonging to Cristalia Laboratory, funded by the Brazilian Development Bank. "I'm extremely proud to see a Brazilian company becoming more competitive in ...
Haiti's recovery will depend on trade, investment (CTV.ca)
Haiti's recovery from the devastating Jan. 12 earthquake will depend on private investment and trade, as well as government aid, says a former economic adviser to the country's prime minister.
Say Goodbye to Frustrating Investment Strategies -- Building an Effective Portfolio is a Breeze with Value Investing ... (PRWeb via Yahoo! News)
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World Resource Investment Conference (Mineweb)
Featuring a world class line-up of speakers, covering all types of direct investments in resource public companies, speculative investing, resource exploration, oil & gas, world outlook, investment strategies and more!
Building investment ladder can be tricky (Louisville Courier-Journal)
The income you get from safe, reliable investments today would fit into an ant's thimble, with room left over for three grains of rice and a calculator. You can boost your investment income by creating a laddered portfolio of certificates of deposit or bonds.
It's official – the case for investment in preventive care is cast-iron (Guardian Unlimited)
Health secretary Andy Burnham accepts that research evidence presents a 'powerful and persuasive' argument for making prevention a priority in social care services Finally, we have it: pilot-tested, fully costed, independently evaluated, cast-iron evidence that investment in preventive social care services more than pays for itself in savings to the NHS. For every £1 spent on such services to ...
Foreign & Colonial Investment Trust savers told accounts were frozen (MalaysiaNews.net)
Regular savers in Foreign & Colonial Investment Trust had accounts put on ice without warning owing to "anti-money laundering regulations". They were banned from cashing in holdings or making regu...
County treasurer says she has faith in investment (Clovis News Journal)
Curry County Treasurer Bernice Baker said she has faith in a $2.3 million investment that, as of the end of December, has lost nearly $20,000 and paid almost $6,000 in management fees. At a special study session scheduled Wednesday, she plans to show...
News of the Weird: Ponzi scheme or smart investment? $330,000 for digital "real estate"! (News of the Weird via Yahoo! News)
Ponzi scheme or smart investment? $330,000 for digital "real estate"!
Kraft promises investment in Cadbury after takeover (The Economic Times)
Kraft promises investment in Cadbury after takeoverKraft promises investment in Cadbury after takeover
Surviving the investment income famine (The Bryan-College Station Eagle)
Senior America has a problem. The end of the money is coming before the end of the month. Strangely, the more savings you have, the bigger the problem.Why is this happening? Call it "The Great Investment Income Famine." Retirees with savings have see ...
Iraq hospitality sector seeks $145bn investment (Zawya)
Iraq's hospitality sector could see an influx of $145 billion (Dh532.15bn) over the next five years, with an estimated 22 per cent of that investment originating from the UAE.
'India can do more to attract foreign direct investment' (Calcutta News)
Urging further economic reforms by India to attract more foreign direct investment (FDI), speakers at the 16th edition of the Partnership Summit 2010 Sunday said the flow of investments into the country is far less than what it needs.
Forecast: Transportation investment can improve both infrastructure and economy (The Columbian)
Investment in our region’s transportation system is happening in 2010 across all levels of government and across our different transportation modes — highways, public transit, bikes, pedestrian, water and rail. The 2009 federal Economic Stimulus Bill has delivered over $20 million in direct transportation funding to our region. These funds have leveraged another $200 million in transportation ...
'India can do more to attract foreign direct investment' (New Kerala)
Chennai, Jan 24 : Urging further economic reforms by India to attract more foreign direct investment (FDI), speakers at the 16th edition of the Partnership Summit 2010 Sunday said the flow of investments into the country is far less than what it needs.