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Investment News 05/2010



Buffett defends Goldman investment, CEO Blankfein
Warren Buffett on Saturday launched a forceful defense of Berkshire Hathaway Inc's $5 billion investment in Goldman Sachs Group Inc and the investment bank's embattled chief executive, Lloyd Blankfein. Berkshire Hathaway - Warren Buffett - Lloyd Blankfein - Goldman Sachs - Business
IVCA for one-rule consolidation of separate investment classes
The Indian Private Equity and Venture Capital Association, has called for an 'one-rule' consolidation of separate investment classes such as investment in listed and unlisted equity, derivatives and debt.
Arizona cities weighing investment options
Arizona cities are considering new investment strategies, pushed by a volatile economy and plunging yields in the state treasury pool.
Police open fire in Darfur investment protest: witnesses
Sudanese security services opened fire as they confronted hundreds of protesters demonstrating against a collapsed investment scheme in the strife-torn Darfur region on Sunday, protesters and locals said.
Mawarid Finance Launches "Arbah Investment Club"
Dubai, May 2nd 2010; Mawarid Finance Mawarid Finance announced today Sunday, 2 nd of May, launch of its new scheme "Arbah Investment Club", which targets certain category of customers.
Derek Eakin joins RiverOak Investment
Commercial real estate industry veteran Derek J. Eakin of Ridgefield has joined Stamford, based RiverOak Investment Corp., LLC as a senior associate.
Several investment projects in Aden Free Zone
Several investment projects in Aden Free Zone
Business : Indonesia foreign investment totals $3.8 bln in Q1
JAKARTA - Foreign investors staked $3.8 billion in Indonesia in the first quarter of 2010 thanks to a recovering global economy, the head of Indonesias investment agency said on Sunday.
DED showcases investment opportunities in Dubai at South American road show
Dubai, 2 May, 2010: The Dubai Department of Economic Development (DED) Dubai Department of Economic Development (DED) is leading a high-level Trade Mission under the leadership of His Excellency Mr Sami Dhaen Al Qamzi, Director-General of DED DED , to South America to strengthen bilateral trade and highlight the investment opportunities in Dubai.
Qatar First Investment Bank CEO to attend Arab Investment Summit in Abu Dhabi, UAE
May 2, 2010, Abu Dhabi, United Arab Emirates: Qatar First Investment Bank (QFIB) today announced that Chief Executive Officer, Mike de Graffenried would attend the 2010 Arab Investment Summit being held May 3-4 at the Park Rotana Hotel in Abu Dhabi, United Arab Emirates, and deliver a keynote address examining the economic new realities for banking, with a focus on Islamic banking.
Uranium One Says Paladin Stake Bought for Investment
April 30 (Bloomberg) -- Uranium One Inc. acquired a stake in Paladin Energy Ltd. , a Perth-based producer of the metal, for investment purposes, the company said.
Cowboys looking for return on two-year investment
The Dallas Cowboys' investment in defensive end Marcus Dixon could pay off this season.
FCC should focus on spurring investment, not more regulation
Broadband investors might be less likely to invest in expanding capacity if they face more regulation from the Federal Communications Commission, write guest columnists Hance Haney and George Gilder. Better the FCC should focus on encouraging investment.
At a Glance: Berkshire's Buffett and Munger praise China's prospects, discuss BNSF investment
Berkshire Hathaway's top two executives, Warren Buffett and Charlie Munger, met with reporters Sunday, a day after the company's annual shareholder meeting. They defended the company's investment in Goldman Sachs and gave insights into the economic recovery.
BT Investment profit jumps 58% on market recovery
BT Investment Management increased first-half profit by 58 per cent as the fund manager benefitted from the recovery in equity and credit markets.
TA Investment Declares Distribution For TA Dana Fokus
KUALA LUMPUR, May 3 (Bernama) -- TA Investment Management Bhd (TAIM) has declared a gross income distribution of 3.0 sen per unit, for registered unit holders of TA Dana Fokus (TADF,) as of April 30, 2010.
Business briefs: Investment firm sponsors dinner
Andrew Hill Investment Advisors Inc.
BT Investment first-half profit soars
BT Investment Management Ltd increased first-half profit by 58 per cent.
BT Investment first-half profit soars
BT Investment Management Ltd increased first-half profit by 58 per cent as the fund manager benefited from the recovery in equity and credit markets.
BT Investment posts H1 profit
BT Investment Management Ltd increased first-half profit by 58 per cent.
Early Glance: Investment Banks companies
NEW YORK (AP) -- Shares of some top investment banks companies are mixed at 10 a.m.: Goldman Sachs rose $3.49 or 2.4 percent, to $148.69. Morgan Stanley fell $.03 or .1 percent, to $30.19.
Investment firm opposes Massey board members
CHARLESTON, W.Va. (AP) - An investment firm is opposing the re-election of 3 Massey Energy directors.
Loews rebounds to 1Q profit on investment gains
Loews Corp., the conglomerate run by the Tisch family, said Monday a turnaround in investment performance lifted it to a first-quarter profit, compared with a loss in the year-ago period.
Investment firm opposes Massey board members
Associated Press - May 3, 2010 11:45 AM ET CHARLESTON, W.Va. (AP) - An investment firm is opposing the re-election of 3 Massey Energy directors.
Cotton Drops as Dollars Rally Erodes Fibers Investment Appeal
May 3 (Bloomberg) -- Cotton futures dropped as the dollar climbed, curbing the investment appeal of some commodities.
PetroChina to boost investment in Indonesia
JAKARTA: Chinese oil and gas firm PetroChina will increase investment in Indonesia by 30 per cent this year, a company official said yesterday. PetroChina's Indonesian business will increase investment to US$639 million (US$1 = RM3.21) this year, from US$491 million last year and it will boost exploration to 21 wells from 19 wells. "We will search for oil or gas. We aim to increase production ...
Sanyo plans 200b yen energy investment for
TOKYO:Sanyo Electric Co Ltd plans to invest around 200 billion yen (100 yen = RM3.42)on rechargeable batteries and solar cells in the next three year to focus on the energy and environment businesses, the Nikkei said yesterday. The investment is part of the firm' three-year business plan through fiscal 2012/13 ending March 31, 2013. Sanyo plans to invest around 290 billion yen over the three ...
World Cup to boost investment
With the World Cup fast approaching, businesses across the globe are sitting up and starting to take notice of South Africa's post-World Cup investment potential.
Investment adviser joins Pro Football HOF trustees
Stephen H. Schott is the managing principal of CapTrust Financial Advisors, an investment consulting firm with headquarters in Florida.
Midday Glance: Investment Banks companies
NEW YORK (AP) -- Shares of some top investment banks companies are mixed at noon: Goldman Sachs rose $4.10 or 2.8 percent, to $149.30. Morgan Stanley fell $.18 or .6 percent, to $30.04.
Meet Google's Secret Time Machine Investment
Google Ventures, the search giant's VC arm, is celebrating its one-year anniversary with some show and tell: The previously secretive investment group now has a website that discloses who works there, and what they're investing in.
Cotton Drops as Dollars Rally Erodes Fibers Investment Appeal
May 3 (Bloomberg) -- Cotton futures dropped as the dollar climbed, curbing the investment appeal of some commodities.
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 $4.30 or 3.0 percent, to $149.50. Morgan Stanley rose $.21 or .7 percent, to $30.43.
Kayne Anderson MLP Investment Company Provides Unaudited Balance Sheet Information and Announces its Net Asset Value ...
Kayne Anderson MLP Investment Company (the "Company) (NYSE: KYN) today provided a summary unaudited balance sheet and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the "1940 Act) as of April 30, 2010.
Calendar Of Investment-Grade Debt: Agency Bills
Calendar Of Investment-Grade Debt: Agency Bills
Norgate investment companies in receivership
Recievers have been appointed to the secured assets of Craig Norgate and the McConnon family's investment companies, Rural Portfolio Investments and Rural Portfolio Capital.
Investment banking boost for UBS
Swiss banking giant UBS reports a big increase in profits after seeing its investment banking business recover from the financial crisis.
Strapped US firms fail to follow up on investment commitments
VietNamNet Bridge The US may be the biggest investor in Viet Nam but much of its investment capital remains on paper.
China-Africa investment partnership "incredibly beneficial": expert
The investment partnership with China in Africa's major infrastructure projects is incredibly beneficial for the continent's development, Katherine Tweedie, director of Africa Regional Agenda Team of World Economic Forum, told Xinhua in an interview ahead of the 20th World Economic Forum on Africa. Africa's relationship with China has been a "very positive" one, in view of China's investment and ...
Unis make investment pitch
TAX reform is mere "tidying up" in comparison with the long-term pay-offs from serious investment in higher education, according to Universities Australia chief Glenn Withers.
Early Glance: Investment Banks companies
NEW YORK (AP) -- Shares of some top investment banks companies are down at 10 a.m.: Goldman Sachs fell $.72 or .5 percent, to $148.78. Morgan Stanley fell $.84 or 2.8 percent, to $29.59.
Sanofi-aventis, Massachusetts Life Sciences Center to Announce New Investment Partnership at BIO 2010
Sanofi-aventis, a leading global pharmaceutical company, and the Massachusetts Life Sciences Center, a quasi-public agency tasked with implementing the state's ten-year, $1 billion life sciences initiative, will hold a press conference on Wednesday, May 5th at 10:00 a.m. (CT) to announce a new investment partnership.
Investment plea by city candidate
A Conservative parliamentary candidate says "we need to make sure Coventry gets its share of investment".
Zafrul set to head Maybank Investment
Zafrul, who could not be reached for comment, has tendered his resignation as group director of KandN Kenanga Holdings Bhd, a medium-sized investment bank, sometime last week, sources said. He will start his new job next month. It is understood that Kenanga's board of directors met with the heads of the company yesterday to break news of Zafrul's resignation. There was no mention of his next ...
Zafrul set to head Maybank Investment
Tengku Zafrul Aziz is set to be the new chief executive officer of Maybank Investment Bank Bhd (Maybank IB), a move that will allow him to do bigger corporate deals, backed by the country's biggest banking group Malayan Banking Bhd.
More than two-thirds of IT security investment wasted, says Verizon Business
Businesses are pumping information security investment into all the wrong areas, research has revealed.
Citadel Ousts Its Investment Banker: Reports
Citadel Ousts Its Investment Banker: Reports
Asian countries ahead in green investment
NEW YORK, May 4 (UPI) -- Asian nations particularly China and South Korea are ahead of other major world economies when it comes to the "green" investment portion of economic and employment recovery plans, says a new book co-published by the United Nations.
XL First-Quarter Profit Surges on Improved Investment Results
XL Capital Ltd., the biggest gainer in the Standard & Poors 500 Index last year, said first-quarter profit surged on improved investment results.
Final Glance: Investment Banks companies
NEW YORK (AP) -- Shares of some top investment banks companies were down at the close of trading: Goldman Sachs fell $.05 or percent, to $149.45. Morgan Stanley fell $.94 or 3.1 percent, to $29.49.