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Investment News 02/2010 (Page 6)



West Ham launch new investment drive (tribalfootball.com)
West Ham United have kicked off a search for new investment. The Daily Mail says West Ham have begun a fund-raising drive by sending letters to potential investors asking for individual contributions of up to £10million while providing scant information themselves. The club are seeking to reduce their debts, which new owners David Sullivan and David Gold put at more than £100m, by raising a ...
China arranging foreign investment deal for N.Korea (Malaysian Mirror)
SEOUL -China is arranging a huge foreign investment deal to revive North Korea's faltering economy amid an international drive to coax Pyongyang back to nuclear disarmament talks, a report said Monday.
INVESTMENT PANEL (Central New York Business Journal)
Editor’s note: The Investment Panel feature will appear regularly in our Financial Quarterly publication, spotlighting area investment professionals and their views on the markets and investments.
SJ Man Accused In Real Estate Investment Scheme (CBS 5 Bay Area)
A San Jose man was arrested last week in connection with an alleged real estate investment scheme in which investors lost more than $500,000, the Santa Clara County District Attorney's Office announced Monday.
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 .8 percent, to $155.24. Morgan Stanley rose $.43 or 1.6 percent, to $27.59.
Lifting of investment curbs urged (BusinessWorld Online)
THE NEXT administration should act on the long-petitioned easing of restrictions against foreign investment by, among other things, amending the constitution, a report issued yesterday stated.
Palace hopefuls to business: Investment-friendly climate (BusinessWorld Online)
Bets zero in on curbing corruption, reducing transaction costPRESIDENTIAL ASPIRANTS yesterday wooed business leaders by promising an investment-friendly business climate.
(AFX UK Focus) 2010-02-16 16:35 Older Canadians could boost investment risk-study (Interactive Investor)
TORONTO, Feb 16 (Reuters) - Older Canadians are sitting on more than C$300 billion ($288 billion) in low-growth investments, representing an "unprecedented opportunity" for advisers to help their clients get a bigger bang for their buck, according to a study released on Tuesday. Canadians aged 50 and up have about 25 percent of their portfolios in guaranteed investment certificates (GICs) and ...
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 $3.47 or 2.3 percent, to $157.40. Morgan Stanley rose $.66 or 2.4 percent, to $27.82.
UPDATE: Buffett Fine-Tunes His Investment Portfolio (Fox News)
UPDATE: Buffett Fine-Tunes His Investment Portfolio
Developers, investment firm plan to buy Eden condos in Boca Raton (Sun-Sentinel)
The real estate investment subsidiary of BNY Mellon Corp. and a West Palm Beach-based real estate investment group have partnered to buy the unfinished Eden condominiums in downtown Boca Raton .
Investment firm buys Topeka-based Security Benefit, plans to provide needed capital (The Kansas City Star)
An investment firm Tuesday announced the purchase of Security Benefit Corp., saying it planned to provide needed capital and create future Kansas jobs.
Buffett Fine-Tunes His Investment Portfolio (MalaysiaNews.net)
(Adds details on Becton Dickinson investment, share price movements.) Warren Buffett fine-tuned his investment portfolio in the fourth quarter of 2009, mostly following expectations set in earlier qu...
COMMODITIES REMAIN GOOD INVESTMENT OPPORTUNITY IN 2010 (Bernama via Yahoo! Malaysia News)
DUBAI, Feb 17 (Bernama) -- Global commodities remain a good investment opportunity for 2010 on the back of strong growth in 2009, where commodity investors saw returns rise in line with significant price increases for key commodities, according to J.P. Morgan Asset Management.
'Commodities still a good investment in 2010' (Business Times (Malaysia))
GLOBAL commodities remain a good investment opportunity for 2010 on the back of strong growth in 2009, where commodity investors saw returns rise in line with significant price increases for key commodities, according to J.P. Morgan Asset Management. "Commodities offered strong returns in 2009. Commodity investors can expect to see further opportunities for growth in 2010 as demand continues to ...
U.S. investment in Canada soaring (MalaysiaNews.net)
U.S. purchases of Canadian equities netted US$1-billion in the last month of 2009, while net U.S. investment in Canadian bonds hit US$2.7-billion, according to figures from the monthly U.S. Treasury ....
Gold Investment Beats Jewelry Demand, AngloGold Says (Update1) (Bloomberg)
Feb. 17 (Bloomberg) -- Gold investment demand exceeded jewelry demand for the first time since 1980 at the end of last year as prices rose to a record, said AngloGold Ashanti Ltd., Africa’s largest producer of the metal.
City grants tax exemption to new P60M investment (The News Today)
The Bacolod City Local Investment Board awarded a Certificate of Exemption to Bacolod Big Joc Realty and Management Corporation for their P60 million (preferred investments) East View Hotel and Blue Grass Café, Bar and Grill, located at the corners of Pag-asa and the circumferential road, Brgy. Villamonte, Bacolod City.
Gold May Advance as Weaker Dollar Increases Investment Demand (Bloomberg)
Feb. 17 (Bloomberg) -- Gold, little changed in London today after reaching a two-week high, may gain for a third day as a weaker dollar fuels demand for an alternative investment.
GM to announce investment in Tonawanda engine plant on Thursday (The Buffalo News)
General Motors plans to announce a major investment in the engine plant in the Town of Tonawanda Thursday at 10 a.m.
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 $.99 or .6 percent, to $156.41. Morgan Stanley fell $.17 or .6 percent, to $27.65.
Hanley Investment Group Sells Tustin Retail Center for $312 PSF (dBusinessNews.com)
IRVINE, CALIF. – Hanley Investment Group Real Estate Advisors, one of the most dominant retail investment groups in the western United States and a market leader in the sale of retail properties, announced today Edward B. Hanley and Eric P. Wohl of Hanley Investment Group represented the seller in the sale of a multi-tenant retail strip center in Orange County, Calif.
BNP Paribas Pays Investment Bankers Less Than Goldman, Barclays (BusinessWeek)
BNP Paribas SA, Europe’s largest bank, set aside 3.38 billion euros ($4.64 billion) for compensation and related charges at its investment-banking division last year, a smaller portion of revenue than Goldman Sachs Group Inc. and Barclays Plc.
BNP Paribas Pays Investment Bankers Less Than Goldman, Barclays (Bloomberg)
Feb. 17 (Bloomberg) -- BNP Paribas SA , Europe’s largest bank, set aside 3.38 billion euros ($4.64 billion) for compensation and related charges at its investment-banking division last year, a smaller portion of revenue than Goldman Sachs Group Inc. and Barclays Plc.
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 $.45 or .3 percent, to $156.95. Morgan Stanley fell $.31 or 1.1 percent, to $27.51.
Gold investment demand to remain strong this year: WGC (AFP via Yahoo! News)
Western investment demand for gold will remain "well underpinned" this year, regardless of the health of the economy, the World Gold Council said in a report published on Wednesday.
GPF not changing investment portfolio as Feb 26 nears (The Nation - Thailand's English news)
The Government Pension Fund has no plans at this stage to adjust its investment portfolio despite the expected political unrest following the Supreme Court's verdict in ex-premier Thaksin Shinawatra's assets-seizure case on February 26.
Gold investment demand to remain strong (RTÉ News)
Western investment demand for gold will remain 'well underpinned' this year, regardless of the health of the economy, the World Gold Council said in a report today.
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 $.14 or .1 percent, to $157.26. Morgan Stanley fell $.43 or 1.5 percent, to $27.39.
GM to announce major investment in fuel efficient engines (AFP via Yahoo! News)
General Motors said it will announce a major investment in fuel efficient engines Thursday amid a broader expansion of its US operations following years of painful cuts.
Cornell Investment Chief to Leave After Drop in 2009 (Update1) (Bloomberg)
Feb. 17 (Bloomberg) -- James Walsh , chief investment officer at Cornell University, plans to step down at the end of this academic year, after the institution’s endowment lost 26 percent in fiscal 2009.
Copper Extends Loss as Dollar Gains, Eroding Investment Demand (Bloomberg)
Feb. 18 (Bloomberg) -- Copper declined for a second day as the dollar extended gains, reducing the appeal of the metal as an alternative investment. Three-month delivery copper on the London Metal Exchange dropped as much as 0.4 percent.
Thailand Telecom Investment Environment Report - Thailand Mobile Phone Subscribers Reached 57.3 Million in 2008 (Thailandnews.net)
Thailand Telecom Investment Environment Report, 2009 " report to their offering. In recent years, to boost the development of telecommunications industry as well as national economy, the Thailand Gove...
Homes plan ‘guarantees’ investment (Bolton News)
THE group which represents council house tenants in Bolton has said accepting the proposed stock transfer is the only way to guarantee the current level of investment.
Mitsui Leads Investment Revival Among Japan Trading Companies (Bloomberg)
Feb. 18 (Bloomberg) -- Mitsui & Co. is leading a renewed investment charge by Japan’s trading companies after plowing $1.4 billion into a U.S. natural gas project this week.
Understanding the investment clock (BigPond News)
Rod North reveals all on his reading of the investment clock and the share market.
Podolny: For responsible investment (Yale Daily News)
Responsible investment has come to prime time. Today, nearly one in five invested dollars is committed to the premise that sustainability and societal good should play a role in the investment process. Signatories of the United Nations Principles for Responsible Investment have a collective $18 trillion under management. Far from being limited to idealists without serious economic goals, global ...
Investment boss standing down (BBC News)
The chief executive of Northern Ireland's Strategic Investment Board (SIB) is standing down to take a senior job with a London property company.
Soros doubles investment in gold (BBC News)
US billionaire George Soros more than doubles his investment in gold, despite calling it the "ultimate bubble" just weeks ago.
AT&T Investment in North Carolina Network Aimed at Enhancing Mobile Broadband Service Across the State (redOrbit)
RALEIGH, N.C., Feb. 18 /PRNewswire-FirstCall/ -- AT&T* today unveiled its North Carolina wireless network investment plans for 2010, which include the addition of more than 85 new cell sites and the upgrade of more than 450 additional cell sites to 3G throughout the state.
AT&T Investment in Colorado Network Aimed at Enhancing Mobile Broadband Service Across the State (redOrbit)
DENVER, Feb. 18 /PRNewswire-FirstCall/ -- AT&T* announced today that its total capital investment in its Colorado wireless and wireline networks from 2007 to 2009 was more than $300 million.
AT&T Investment in Idaho Network Aimed at Enhancing Mobile Broadband Service Across the State (redOrbit)
BOISE, Idaho, Feb. 18 /PRNewswire-FirstCall/ -- AT&T* announced today that its total capital investment in its Idaho wireless and wireline networks from 2007 to 2009 was nearly $30 million.
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 $1.92 or 1.2 percent, to $155.34. Morgan Stanley fell $.07 or .3 percent, to $27.32.
Investment dialog (Business Times (Malaysia))
THE Malaysian Industrial Development Authority (Mida) and SME Corp Malaysia Bhd will organise a national investment dialogue and seminar focusing on the services sector next Tuesday in Kuala Lumpur. It is aimed at increasing awareness of the importance of the services sector in the development of the economy as well as providing the latest updates on government policies, incentives and ...
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 $1.77 or 1.1 percent, to $155.50. Morgan Stanley fell $.19 or .7 percent, to $27.20.
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 $1.53 or 1.0 percent, to $155.73. Morgan Stanley fell $.13 or .5 percent, to $27.26.
Matariki Forests Completes $167 Million Investment (Scoop.co.nz)
Matariki Forests is pleased to announce that it has completed the investment by Phaunos Timber Fund Limited in the Matariki Forestry Group today. The aggregate investment is NZD 167 million.
M'SIA TO REAP VAST INVESTMENT VALUE FROM CARBON PROJECTS, SAYS AUSSIE TRADE COMMISSIONER (Bernama via Yahoo! Malaysia News)
KUALA LUMPUR, Feb 19 (Bernama) -- Malaysia has vast potential to reap immense investment value from carbon projects, says Australia's Asean Trade Commissioner Garth Taylor.
Local real estate investment firm operator charged with mail fraud (Richmond Times-Dispatch)
Donald C. Lacey, who ran a real estate investment firm involving investors from the Richmond area and millions of dollars, has been accused in federal court of making false promises and rarely using the money for real estate projects. The U.S. attorney’s office charged Lacey, a former Henrico County police officer, with one felony count each of mail fraud and engaging in unlawful monetary ...
GM Outlines $494-Million Investment for Next-Gen Engines (American Machinist)
General Motors is undertaking a $494-million capital investment program to expand capacity to produce a new series of its Ecotec engines. The investment includes facility renovations, new machinery, equipment and special tooling at the three plants.