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Investment News 02/2010 (Page 4)



Public Investment expects to net 6 IPOs in 2010 (Business Times (Malaysia))
PUBLIC Investment Bank Bhd, which managed a single initial public offering (IPO) last year, expects to rope in as many as six IPOs this year partly due to the improving economic landscape. The bank's sole IPO last year was linen maker Yoong Onn Corp. Public Investment Bank Bhd head of corporate finance and advisory division Phang Siew Loong said out of the six IPOs, three will be from China, of ...
Investment Technology Group names new director (AP via Yahoo! News)
Investment Technology Group on Tuesday named an executive from Schroders Investment Management to its board.
XL Fourth-Quarter Loss Narrows on Investment Results (Update1) (Bloomberg)
Feb. 9 (Bloomberg) -- XL Capital Ltd., the insurer that gained the most in the Standard & Poor’s 500 Index last year, reported a narrower fourth-quarter loss on improved investment results.
Peru to boost investment in mining, energy sectors (AFP via Yahoo! News)
Investment in Peru's mining and energy sectors, which totaled 4.88 billion dollars in 2009, has created "extremely favorable" conditions for growth, the country's private mining association said.
Temasek Said to Start Multibillion Dollar Investment Company (Bloomberg)
Feb. 10 (Bloomberg) -- Temasek Holdings Pte , Singapore’s state investment firm, is setting up a wholly owned multibillion dollar investment company with its own money, three people with knowledge of the matter said.
£200m investment in ferry switch (BBC News)
Stena Line announces a £200m investment in plans to move its ferry port operations from Stranraer to a new base.
Barclays’ Japan Investment Banking Co-Head Sunaga Said to Leave (Bloomberg)
Feb. 10 (Bloomberg) -- Barclays Plc ’s co-head of investment banking in Japan, Hideaki Sunaga , is leaving the company, two people with knowledge of the matter said.
Barclays’ Japan Investment Banking Co-Head Sunaga Said to Leave (BusinessWeek)
Barclay Plc’s co-head of investment banking in Japan, Hideaki Sunaga, is leaving the company, two people with knowledge of the matter said.
Barclays Japan Investment Banking Head Said to Leave (Update1) (Bloomberg)
Feb. 10 (Bloomberg) -- Barclay Plc ’s co-head of investment banking in Japan, Hideaki Sunaga , is leaving after about a year with the firm, two people with knowledge of the matter said.
Temasek Said to Start Its Own Investment Company (Update1) (BusinessWeek)
Temasek Holdings Pte, Singapore’s state investment firm, is setting up a wholly owned multibillion dollar investment company to invest in assets from stocks to bonds, three people with knowledge of the matter said.
Sweden’s $14 Billion AP7 Fund to Triple Clean-Tech Investment (Bloomberg)
Feb. 10 (Bloomberg) -- AP7, a Swedish state pension fund that manages about 100 billion kronor ($14 billion), plans to triple its investment in renewable energy as more people switch to cleaner technologies.
Temasek Starts Global Investment Company Seatown, Names Ong CEO (Bloomberg)
Feb. 10 (Bloomberg) -- Temasek Holdings Pte has set up a wholly owned global investment company run by its chief strategist Charles Ong that will employ a variety of strategies investing in assets ranging from stocks to bonds.
NM Senate overrides veto of investment overhaul (AP via Yahoo! Finance)
In a continued display of independence, the New Mexico Senate on Tuesday moved to weaken Gov. Bill Richardson's influence over a state investment agency.
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 $1.31 or .9 percent, to $153.80. Morgan Stanley rose $.27 or 1.0 percent, to $27.40.
Midday Glance: Investment Banks companies (AP via Yahoo! Finance)
NEW YORK (AP) -- Shares of some top investment banks companies are up at noon: Goldman Sachs rose $.98 or .6 percent, to $153.47. Morgan Stanley rose $.16 or .6 percent, to $27.29.
Court order to stop investment scheme by Golden Nest (Business Times (Malaysia))
The Companies Commission of Malaysia (CCM) has obtained the High Court order to stop an investment scheme by a bird's nest company, Golden Nest Properties International Bhd.
Taiwan eases curbs on flat-screen, chip investment in China (AFP via Yahoo! News)
Taiwan on Wednesday relaxed restrictions on flat screen and microchip investment in China as it seeks closer high-tech ties across the Taiwan Strait.
Skating-Asian investment pays off - Cinquanta (Reuters via Yahoo! Sports)
Investment in Asian skating a decade ago has paid off with more sponsorship and the rise of Olympic favourites like Kim Yuna, International Skating Union (ISU) president Ottavio Cinquanta told Reuters.
Allstate Posts 4Q Profit, Trims Investment Losses (ABC News)
Allstate posts 4th-quarter profit above estimates, reduces investment losses Allstate - Business - Investing - Financial services - Insurance
Allstate posts 4Q profit, trims investment losses (AP via Yahoo! News)
Property and casualty insurer Allstate Corp. said Wednesday it was profitable in the fourth-quarter, reversing a steep year-ago loss, as it staunched hemorrhaging in its investment portfolio.
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 $1.14 or .7 percent, to $153.63. Morgan Stanley rose $.38 or 1.4 percent, to $27.51.
Barclays Japan Investment Banking Head Said to Leave (Update1) (BusinessWeek)
Barclay Plc’s co-head of investment banking in Japan, Hideaki Sunaga, is leaving after about a year with the firm, two people with knowledge of the matter said.
DAP queries Khazanah over RM150m investment in Oriental University (MalaysiaNews.net)
KUALA LUMPUR: The DAP says Khazanah Nasional's investment of  300 million yuan (USD44 million or RM150 million) in Oriental University City Ltd (OUCL) in Hebei Province, China raises more questions t...
Australian Foreign Investment Official: Ongoing M&A Interest From China (Fox News)
Australian Foreign Investment Official: Ongoing M&A Interest From China
Akbank plans 2010 investment of 350 million lira (Reuters via Yahoo! Philippines News)
ISTANBUL, Feb 11 (Reuters) - Akbank , Turkey's second-biggest lender by assets, plans total investment of 350 million lira ($230 million) this year, mainly in information technology, Chief Executive Ziya Akkurt said late on Wednesday.
Analyst raises Gaylord's investment rating (The Tennessean)
On Wednesday, a JPMorgan stock analyst raised his investment rating on Gaylord Entertainment Inc., the Nashville-based resort and hotel chain, citing the hotel and leisure company's improved fourth-quarter results and its brighter outlook on business bookings for the year ahead.
Emirates NBD Quarterly Profit Rises as Investment Loss Narrows (Bloomberg)
Feb. 11 (Bloomberg) -- Emirates NBD PJSC ’s fourth-quarter profit surged after the biggest bank in the United Arab Emirates cut investment losses. The shares jumped 4.7 percent.
Philippines January Foreign Portfolio Investment $170 Million Net Inflow (Fox News)
Philippines January Foreign Portfolio Investment $170 Million Net Inflow
Gold Gains in London as Weaker Dollar Spurs Investment Demand (Bloomberg)
Feb. 11 (Bloomberg) -- Gold gained in London as a declining dollar increased demand for the metal as an alternative investment.
Credit Suisse: Investment Bank To Selectively Hire In 2010 (Fox News)
Credit Suisse: Investment Bank To Selectively Hire In 2010
Gold Gains in London as Weaker Dollar Spurs Investment Demand (Bloomberg)
Feb. 11 (Bloomberg) -- Gold gained in London as a weaker dollar increased demand for the metal as an alternative investment.
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 $.93 or .6 percent, to $152.70. Morgan Stanley fell $.35 or 1.3 percent, to $27.16.
Tony Pua questions Khazanah's investment in China education group (MalaysiaNews.net)
KUALA LUMPUR: Khazanah Nasional Bhd's investment of 300 million yuan (RM150 million) in Oriental University City Ltd (OUC) in Hebei province, China, has raised more questions than confidence, said DAP...
Air Canada investment pushes ACE Aviation to $656 million Q4 loss (The Canadian Press via Yahoo! Canada News)
MONTREAL - ACE Aviation Holdings (TSX:ACE.B) lost $656 million the fourth quarter, mostly related to its minority investment in Air Canada.
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 $.20 or .1 percent, to $153.43. Morgan Stanley fell $.31 or 1.1 percent, to $27.20.
Final Glance: Investment Banks companies (AP via Yahoo! Finance)
Shares of some top investment banks companies were mixed at the close of trading: Goldman Sachs rose $.42 or .3 percent, to $154.05.
Obama pins hope for growth on exports, investment (Reuters via Yahoo! News)
President Barack Obama's administration said on Thursday that exports and investment would drive future U.S. economic growth and provide a more solid basis for prosperity than past reliance on consumption.
Calendar Of Investment-Grade Debt: Agency Bills (Fox News)
Calendar Of Investment-Grade Debt: Agency Bills
Indonesia Gives Tax Incentives For Renewable Energy Investment (Fox News)
Indonesia Gives Tax Incentives For Renewable Energy Investment
Raffles Education up on Khazanah investment (AsiaOne)
Shares of private education provider Raffles Education surged as much as 17 percent to 40.5 Singapore cents yesterday - its biggest percentage rise in about a year, after the firm announced Malaysian state investor Khazanah Nasional would be taking a stake in its China investment.
Major investment in Tonawanda GM Powertrain Plant expected (The Buffalo News)
A multimillion-dollar investment into the General Motors Powertrain Plant in the Town of Tonawanda is expected to be made public next week. Tonawanda Supervisor Anthony F. Caruana said Thursday night that an announcement would be made next Wednesday or Thursday at a news conference.
Russia to tackle investment climate (RosBusinessConsulting)
RBC, 12.02.2010, Moscow 10:45:13. The Russian government is poised to use its best efforts to improve Russia's investment climate and image in 2010, First Deputy Prime Minister of Russia Igor Shuvalov said in his opening speech at the 7th Krasnoyarsk economic forum.
Georgian Premier Heads to Middle East in Search of Investment (Bloomberg)
“The prime minister begins his trip in Dubai, then travels to Kuwait and Qatar,” Gilauri’s spokesman Nikoloz Mchedlishvili told reporters in the capital Tbilisi today. “He expects a positive response, especially on investment in energy and other areas.”
Canwest Says It Secured Investment Committment From Shaw (Bloomberg)
Feb. 12 (Bloomberg) -- Canwest Global Communications Corp. said it has secured an equity investment commitment from Shaw Communications Inc. to invest in a restructured Canwest upon completion of the company’s recapitalization transaction.
Two Harbors Investment Corp. to Release 2009 Fourth Quarter... (MalaysiaNews.net)
Two Harbors Investment Corp. (“Two Harbors”) (NYSE Amex: TWO; TWO.WS) announced today that it will release financial results for the quarter ended December 31, 2009, after the market close on We...
Report: Mobile Broadband Investment to Hit $72 Billion (BillingWorld)
Wireless carriers will spend as much as $72 billion to roll out mobile broadband infrastructure and services in 2010, the GSM Association said . Citing figures from Deutsche Bank, the GSMA said that broadband offerings will consume over half of all operator investment in mobile and wireless infrastructure, including 80 percent in North America.
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 $2.38 or 1.5 percent, to $151.67. Morgan Stanley fell $.57 or 2.1 percent, to $26.55.
European Investment Bank OKs euro400M loan to Saab (AP via Yahoo! Finance)
The European Investment Bank approved a euro400 million loan Friday to car maker Saab Automobile AB, clearing the way for Spyker Cars of the Netherlands to buy the brand from General Motors Co.
Intel teams up with China's investment fund (AP via Yahoo! News)
Chip maker Intel Corp. said Friday that its investment arm will team with China's sovereign wealth fund to invest in new technology.
Intel teams up with China's investment fund (San Francisco Chronicle)
Chip maker Intel Corp. said Friday that its investment arm will team with China's sovereign wealth fund to invest in new technology. The company said Intel Capital and China Investment Corp. will find companies in a variety of technology sectors to invest in... China Investment Corporation - Sovereign wealth fund - Corporation - Business - Intel Corporation