Home > Investment News

Investment News 03/2010 (Page 2)



China Mobile Falls on Pudong Bank Investment Concern (Update1) (Bloomberg)
March 4 (Bloomberg) -- China Mobile Ltd. fell in Hong Kong trading on concern the world’s biggest phone company by value is deviating from its main business by considering an investment in Shanghai Pudong Development Bank Co.
Brazil May Overheat on ‘Excessive’ Investment, Coutinho Says (Bloomberg)
March 4 (Bloomberg) -- Brazil’s economy may overheat as too much foreign investment flows into the country, said Luciano Coutinho , president of state development bank BNDES.
Moody's To 'monitor' China Mobile Investment Plan (Fox News)
Moody's To 'monitor' China Mobile Investment Plan
AT&T Investment in Wisconsin Network Aimed at Enhancing Mobile Broadband Service Across the State (redOrbit)
MADISON, Wis., March 4 /PRNewswire-FirstCall/ -- AT&T* today unveiled its Wisconsin wireless network investment plans for 2010, which include the addition of more than 30 new cell sites and the upgrade of more than 180 additional cell sites to 3G throughout the state.
AT&T Investment in Alabama Network Aimed at Enhancing Mobile Broadband Service Across the State (redOrbit)
BIRMINGHAM, Ala., March 4 /PRNewswire-FirstCall/ -- AT&T* today unveiled its Alabama region wireless network investment plans for 2010, which include the addition of more than 75 new cell sites and the upgrade of more than 250 additional cell sites to 3G throughout the state.
Aviva Posts Full-Year Profit on Investment Income (Update2) (Bloomberg)
March 4 (Bloomberg) -- Aviva Plc , the U.K.’s second-biggest insurer, swung to a profit in 2009 on higher investment returns. Net income was 1.09 billion pounds ($1.6 billion), compared with a loss of 915 million pounds a year earlier, the London- based insurer said today in a statement.
AT&T Investment in Ohio Network Aimed at Enhancing Mobile Broadband Service Across the State (redOrbit)
COLUMBUS, Ohio, March 4 /PRNewswire-FirstCall/ -- AT&T* today unveiled its Ohio wireless network investment plans for 2010, which include the addition of more than 30 new cell sites and the upgrade of nearly 240 additional cell sites to 3G throughout the state.
AT&T Investment in Louisiana Network Aimed at Enhancing Mobile Broadband Service Across the State (redOrbit)
BATON ROUGE, La., March 4 /PRNewswire-FirstCall/ -- AT&T* today unveiled its Louisiana wireless network investment plans for 2010, which include the addition of more than 60 new cell sites and the upgrade of nearly 280 additional cell sites to 3G throughout the state.
Aviva Posts Full-Year Profit on Investment Income (Update2) (BusinessWeek)
Aviva Plc, the U.K.’s second-biggest insurer, swung to a profit in 2009 on higher investment returns.
CIC Investment Focus to Be ‘More Flexible’ in 2010, Wang Says (Bloomberg)
March 4 (Bloomberg) -- China Investment Corp. , the country’s $300 billion sovereign wealth fund, said its overseas investment strategy will be more flexible this year as global markets have yet to show a clear trend.
CIC Investment Focus to Be ‘More Flexible’ in 2010, Wang Says (BusinessWeek)
China Investment Corp., the country’s $300 billion sovereign wealth fund, said its overseas investment strategy will be more flexible this year as global markets have yet to show a clear trend.
EFG-Hermes Net Drops 41% as Investment Banking Slows (Update1) (Bloomberg)
March 4 (Bloomberg) -- EFG-Hermes Holding SAE, the biggest publicly traded Arab investment bank, posted a 41 percent decline in profit for last year as its investment banking business slowed.
Aviva Posts Full-Year Profit on Investment Income (Update3) (Bloomberg)
March 4 (Bloomberg) -- Aviva Plc , the U.K.’s second-biggest insurer, swung to a profit in 2009 on higher investment returns. Net income was 1.09 billion pounds ($1.6 billion), compared with a loss of 915 million pounds a year earlier, the London- based insurer said today in a statement.
China Mobile Falls on Pudong Bank Investment Concern (Update3) (Bloomberg)
March 4 (Bloomberg) -- China Mobile Ltd. fell in Hong Kong trading on concern the world’s biggest phone company by value is deviating from its main business by considering an investment in Shanghai Pudong Development Bank Co.
Canaccord to Acquire Genuity for Investment Banking Expertise (Bloomberg)
March 4 (Bloomberg) -- Canaccord Financial Inc. , Canada’s largest independent brokerage by assets, agreed to buy Genuity Capital Markets for about C$285.9 million ($277 million) in stock and cash to tap its expertise in investment banking.
Brazil May Overheat on ‘Excessive’ Investment, Coutinho Says (Bloomberg)
March 4 (Bloomberg) -- Brazil’s economy may overheat as too much foreign investment flows into the country, said Luciano Coutinho , president of state development bank BNDES.
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 $3.92 or 2.5 percent, to $161.64. Morgan Stanley rose $.67 or 2.4 percent, to $28.99.
S. African Union Opposes Private Investment in Power (Update1) (Bloomberg)
March 4 (Bloomberg) -- South Africa’s biggest labor federation said it opposes plans by the government to allow private investment in the country’s electricity industry.
Europe’s Recovery Almost Stalls as Investment Drops (Update2) (Bloomberg)
March 4 (Bloomberg) -- Europe’s recovery almost came to a halt in the fourth quarter of 2009 as companies continued to cut investment while consumers held back spending , countering a gain in exports.
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 $4.55 or 2.9 percent, to $162.27. Morgan Stanley rose $.55 or 1.9 percent, to $28.87.
Investment View Less ‘Dire’ Than U.S. Orders Imply, Feroli Says (BusinessWeek)
Seasonal quirks in demand for turbines means the outlook for U.S. business investment isn’t as “dire” as implied by today’s factory orders report, according to economist Michael Feroli.
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 $5.89 or 3.7 percent, to $163.61. Morgan Stanley rose $.88 or 3.1 percent, to $29.20.
Iskandar Investment invites tenders for Legoland Malaysia (The Edge)
KUALA LUMPUR: Iskandar Investment Group has invited tenders for the CONSTRUCTION [ ] of Legoland Malaysia Theme Park at Iskandar Malaysia. Package two comprises of primary infrastructure and package three is for the service and administration building, open car park and substation 33kV.
Tune Hotels.com to Open 15 Hotels Across Greater London, UK in ?150 million investment (Thaipr.net)
Tune Hotels.com, part of the Tune Group, the private investment group of Tony Fernandes, founder and Group CEO of low cost airline AirAsia and Team Principal of the Lotus F1 Racing team, has entered i
Investors who put their trust in local investment guru fighting back (NorthWest Cable News)
SEATTLE - The first federal case against Eastside investment broker Rhonda Breard could be filed at any time, KING 5 News has learned. It will claim investment giant ING Financial Partners should have known better, and better supervised Breard. After all, the company settled a similar case just two years ago. In 2008 the company agreed to what is called a consent order with the State of Illinois ...
Investors who put their trust in local investment guru fighting back (KING5 Seattle)
Investors who put their trust in local investment guru Rhonda Breard are fighting back and KING 5 News has uncovered what could be a key piece of evidence in getting the money back.
MUSTAPA TO LEAD TRADE & INVESTMENT MISSION TO AMSTERDAM, HAMBURG & BIRMINGHAM (Bernama via Yahoo! Malaysia News)
KUALA LUMPUR, March 5 (Bernama) -- International Trade and Industry Minister Datuk Seri Mustapa Mohamed will lead a trade and investment mission to three major European cities, namely Amsterdam, Hamburg and Birmingham, from tomorrow till March 13.
German Manufacturing Orders Rebound on Rising Investment Demand (Bloomberg)
March 5 (Bloomberg) -- German factory orders surged in January, more than cancelling the previous month’s decline, boosted by demand for big-ticket investment goods.
Liverpool continue search for new investment (tribalfootball.com)
Liverpool remain hopeful of securing new investment. The Daily Star says Liverpool have denied reports that he Abu Dhabi Royal family are in talks about buying into the club. However, three or four parties are said to be interested in acquiring a stake in the Merseysiders that will raise around £100m and help reduce the club’s current debts of £237m. The Royal Bank of Scotland are demanding the ...
Bristol-Myers Squibb to review key accomplishments at meeting with investment community (News-Medical-Net)
During a meeting with the investment community today, Bristol-Myers Squibb Company will provide a comprehensive business overview, highlight positive pipeline developments and provide 2013 minimum non-GAAP earnings per share guidance.
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 $1.86 or 1.1 percent, to $165.47. Morgan Stanley rose $.11 or .4 percent, to $29.31.
e-Skills launches UK manifesto, calls for more investment in technology skills (Macworld UK)
Major IT employers have partnered with skills council e-skills UK to launch the 'e-skills Manifesto', which calls for more investment in technology skills.
Investment Industry Regulatory Organization of Canada - Trading Halt - Echelon Cap Corp. - ECO.P (CNW Group via Yahoo! Finance)
The following issues have been halted by Investment Industry Regulatory Organization of Canada :
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 $3.38 or 2.1 percent, to $166.99. Morgan Stanley rose $.19 or .7 percent, to $29.39.
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 $3.57 or 2.2 percent, to $167.18. Morgan Stanley rose $.21 or .7 percent, to $29.41.
HFF elects private investment firm president to board, elects new lead independent director (Minneapolis-St. Paul Star Tribune)
PITTSBURGH - HFF Inc., which provides commercial real estate services, said Friday it has elected the president of a private investment firm, Steven E. Wheeler, to its board.
China reports hefty investment to improve people's livelihood in 2009: premier (People's Daily)
&$ &$Chinese Premier Wen Jiabao delivers a government work report during the opening meeting of the Third Session of the 11th National People's Congress (NPC) at the Great Hall of the People in Beijing, capital of China, March 5, 2010. (Xinhua/Liu Weibing)&$ &$ The Chinese government made hefty investment, 44 percent of the total public investment from the central budget, to improve people's ...
Cleveland casino a $600 million investment, expert questions sites (The Cleveland Plain Dealer)
Cleveland's casino will be a $600 million investment, says a representative of Dan Gilbert. But an architect who is an expert on casinos around the world questions the proposed sites.
Gold is decade's best performing investment (Daily Telegraph)
Gold has proved to be the best value investment over the last 10 years, new research has disclosed.
Canada to liberalise for investment in Uranium (Press Trust of India)
Toronto, Mar 6 (PTI) Canada plans to liberalise foreign investment rules in its key uranium sector, in what could be seen as good news for India which recently inked a pact to reopen nuclear technology trade with Ottawa.
GIC incurs over $7 billion loss in its UBS investment (The Temasek Review)
Written by Our Correspondent According to a report in Wall Street Journal, the Government of Singapore Investment Corp. (GIC) has incurred a paper loss of $5 billion or about S$7.2 billion dollars on its investment in Swiss bank UBS after its notes are converted to shares yesterday. While the disastrous loss made headlines worldwide, it was not [...]
Investment agent imprisoned for stealing more than $250K (WCAX-TV Vermont)
Associated Press - March 6, 2010 3:15 AM ET SYRACUSE, N.Y. (AP) - A Syracuse investment agent who stole more than $250,000 from clients is going to prison for two to eight years.
Hanley Investment Group Hires Industry Veteran (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 that industry veteran Patrick G. Kent has joined the company as a senior vice president.
Developing An Investment Philosophy: Chapter 4 (Guru Focus)
By Saj Karsan. Warren Buffett has called himself 85% Graham and 15% Fisher. While the works of Graham are often cited, Fisher's book Common Stocks and Uncommon Profits is not. Here follows a summary of the expanded version of this book, which includes 2 other works by Fisher including Conservative Investors Sleep Well and Developing an Investment Philosophy. Read more » »
Blackburn chairman Williams says investment search continues (tribalfootball.com)
Blackburn Rovers chairman John Williams says they're actively seeking new investment. Rovers insist no club takeover is imminent, amid rumours over the last couple of days about potential buyers emerging. The club are continuing their search, with the market believed to be opening up again, but insist there is no party currently in the position of nearing a deal. Williams told the Lancashire ...
More sops for investment in new Industrial Policy 2010-15: CM (New Kerala)
Hyderabad, Mar 6 : Andhra Pradesh Chief Minister K Rosaiah today said the government will release a new industrial policy for 2010-2015 very soon, which would provide some more incentives for investment in the state.
Andhra Pradesh Govt to ensure investment climate is not disturbed: CM (New Kerala)
Hyderabad, Mar 6 : Maintaining the industrial growth was among the top priorities of his regime, Chief Minister K Rosaiah today assured the State Government would do its best to ensure that investment climate was not disturbed.
Education the greatest investment: Siram (New Kerala)
Itanagar, Mar 07 : Education is the permanent and greatest investment in society, observed Education Minister Bosiram Siram while addressing a public meeting at Aalo in West Siang district yesterday.
India-US to sign key trade, investment pact on March 17 (The Economic Times)
India and the US will sign a crucial agreement on March 17, laying down fresh rules and objectives for mutual trade and investment.
Prime real estate in Morocco offers a solid investment (Mena Report)
According to leading international agent Knight Frank, luxury and prime property in Morocco, particularly in the cosmopolitan city of Marrakech, is in high demand from discerning professional investors and second home owners from around the globe, who are seeking a relatively lower-risk real estate investment in a country less affected by the recession than others like the UK and USA.