Home > Investment News

Investment News 05/2010 (Page 2)



Preschool is a good financial investment, experts say
Interested in an investment with an 18 percent annual rate of return? Put your dollars in preschool education. That was the message yesterday from Rob Grunewald, associate economist for the Federal Reserve Bank of Minneapolis, during the Greater Richmond Early Childhood Summit held at Lewis Ginter Botanical Garden. Results may not materialize for 10 to 20 years, but considering that the stock ...
Your Funds: Doing nothing is not an investment strategy
Jennifer W. is a 40-something single woman who is worried about her investment future and puzzled by her investment past. Like a lot of people her age, she was encouraged to save as much as possible, to build her own retirement nest egg through individual retirement accounts and 401(k) plans. She started doing that as early as she could, with as much money as she had.
The Best Investment Money Can Buy: Fund Managers
The Best Investment Money Can Buy: Fund Managers
Waterbury Investment Adviser Sentenced In Swindling Of Clients
A Waterbury investment adviser was sentenced to five years in prison Tuesday for swindling about $2.1 million from clients and losing most of it gambling at Connecticut casinos.
Greek crisis: Investment bankers see opportunity
The European economic crisis could be an opportunity for Indian corporate houses. Leading investment bankers say assets, globally, are available at attractive valuations and the rise in domestic stock prices has added more strength to balance sheets of Indian companies.
SocGen Posts First-Quarter Profit on Investment Bank (Update1)
May 5 (Bloomberg) -- Societe Generale SA , Frances second- largest bank by market value, posted a first-quarter profit that beat analysts estimates, helped by a rebound at its corporate- and investment-banking unit.
Tauron to Seek Funding for $15.5 Billion Polish Investment Plan
May 5 (Bloomberg) -- Tauron Polska Energia SA, the Polish power company thats preparing to debut on the Warsaw bourse, will sell new shares or tap debt markets as early as next year to finance faster investment in generation capacity.
Proposal puts Qld investment in doubt
Queensland's much-vaunted $100 billion liquefied natural gas investment boom faces being delayed by the federal government's proposed 40 per cent resource rent tax.
Brazil Broadband Plan to Demand 5.8 Billion Reais in Investment
May 5 (Bloomberg) -- Brazils plan to use state-run Telecomunicacoes Brasileiras SA to offer broadband service across the nation will demand 5.8 billion reais in investment, said a government official.
Citadels Griffin Presses Ahead With Investment Bank (Update1)
Ken Griffin vowed to press ahead with his plan to graft an investment bank onto his $12 billion hedge- fund firm even though he hasnt been able to find the right executive to run the business.
(NVAE) Nova Energy Return on Investment Potential to be Presented in Webcast Monday, May 10th
DALLAS, TX--(Marketwire - May 5, 2010) - Nova Energy, Inc. ( PINKSHEETS : NVAE ) (OTCQB: NVAE) today announced a Webcast scheduled for Monday, May 10th, to present an overview of the anticipated return on investment potential that could be realized from an investment in Nova stock. Nova is an early stage business with a dual strategy to achieve high growth through the oil and gas reserve rework ...
Midday Glance: Investment Banks companies
NEW YORK (AP) -- Shares of some top investment banks companies are up at noon: Goldman Sachs rose $1.60 or 1.1 percent, to $151.05. Morgan Stanley rose $.06 or .2 percent, to $29.55.
Joint investment forum to revive confidence
The three most influential private organisations will join hands to host a forum on "Thailand's Investment Environment: Looking Forward" in July this year to boost confidence in the Kingdom after the political crisis is unlocked.
IKB Must Face Suit Over Failed Rhinebridge Investment (Update1)
IKB Deutsche Industriebank AG, a German lender, must face a fraud lawsuit filed by King County, Washington, over the banks failed Rhinebridge structured investment vehicle, a U.S. judge ruled.
Police arrest 58 in Darfur investment scam probe
Police investigating an investment scam in Sudan's Darfur region have collected bounced checks and receipts for up to $27 million and arrested 58 people, the justice minister said Wednesday.
Australian Investment Spending Climbs on LNG, Ore, Access Says
May 6 (Bloomberg) -- Australias business investment surged 21 percent in the first quarter from a year earlier as companies including Woodside Petroleum Ltd.
ECLAC: LatAm investment to rise 40-50 pct in 2010
The United Nations' Economic Commission on Latin America and the Caribbean is predicting that foreign direct investment in the region will rise by 40 to 50 percent this year.
Prudential Profit Surges on Better Investment Results (Update2)
Prudential Financial Inc., the second- biggest U.S. life insurer, said first-quarter profit surged as investment results improved with rising markets.
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 $1.26 or .8 percent, to $148.19. Morgan Stanley fell $.20 or .7 percent, to $29.29.
Plano investment adviser to plead guilty to felony fraud charges
A high-profile Plano investment adviser will plead guilty to felony fraud charges on May 18.
Ethical investment bill emerges from ballot
A bill sponsored by Wellington Central MP Grant Robertson aiming to ensure government investment funds are managed in a socially and environmentally responsible way has been drawn from the members' ballot.
Sarawak Needs RM267 Billion Private Investment To Woo International Conventions
KUCHING, May 6 (Bernama) -- Sarawak, which is embarking on an ambitious development plan over the next 20 years, needs to source private investment of about RM267 billion to attract international conventions and potential investors.
United Water Supports Senate Action On Sustainable Water Infrastructure Investment Act Of 2010
United Water recently offered its support for the bipartisan Sustainable Water Infrastructure Investment Act of 2010 introduced earlier this week by Senator Robert Menendez (D-NJ) and cosponsors Senator Mike Crapo (R-ID), Senator Kit Bond (R-MO) and Senator John Kerry (D-MA).
South Africa : PIC Reined in after 'Unwise' Investment
Cape Town The investment discretion of the Public Investment Corporation (PIC) has been reined in by the R820bn Government Employees Pension Fund after it made a R6bn imprudent investment in a black empowerment consortium.
Don't blame stock broker for bad investment
Did a stock investment fail to pan out? Look in the mirror instead of blaming your broker.
German Factory Orders Jump on Investment, Consumer Goods Demand
German factory orders surged more than economists forecast in March on demand for investment and consumer goods at home and abroad.
Fortress Investment 1st-quarter Loss Widens
Fortress Investment 1st-quarter Loss Widens
Gold Advances for Second Day on Alternative-Investment Demand
May 6 (Bloomberg) -- Gold climbed for a second day in London on stronger demand for an alternative investment as currencies weakened and equities dropped.
Fortress Investment Group 1st-quarter loss widens
Alternative asset manager Fortress Investment Group LLC said Thursday its first-quarter loss widened, largely due to the distribution of share-based compensation to employees.
Fortress Investment Group 1st-quarter loss widens
Alternative asset manager Fortress Investment Group LLC said Thursday its first-quarter loss widened, largely due to the distribution of share-based compensation to employees. Adjusted for that factor, the company posted a substantial increase in... Fortress Investment Group - Business - Limited liability company - Investing - Hedge fund
Early Glance: Investment Banks companies
NEW YORK (AP) -- Shares of some top investment banks companies are down at 10 a.m.: Goldman Sachs fell $.35 or .2 percent, to $147.84. Morgan Stanley fell $.30 or 1.0 percent, to $28.99.
Spa unveils Bt100m investment plan despite turmoil
Zense of Joy Spa has allocated nearly Bt100 million this year to expand its spa business despite the poor sentiment for investment in general.
Midday Glance: Investment Banks companies
NEW YORK (AP) -- Shares of some top investment banks companies are down at noon: Goldman Sachs fell $1.39 or .9 percent, to $146.80. Morgan Stanley fell $.98 or 3.3 percent, to $28.31.
AIG Posts $1.45 Billion Profit as Investment Writedowns Narrow
May 7 (Bloomberg) -- American International Group Inc. , the insurer rescued by the U.S., posted profit for the third time in the past four quarters as writedowns narrowed and investment income climbed.
Munich Re quarterly profit aided by investment gains
MUNICHMunich Reinsurance Co.s first-quarter profits climbed 11% to 485 million ($645.7 million) as improved investment returns helped offset natural catastrophe losses.
Africa Aims to Boost Investment as Threat of Greek Crisis Looms
Africa needs to do more to boost foreign direct investment and reduce its reliance on portfolio inflows that are vulnerable to crises elsewhere in the world, delegates at the World Economic Forum on Africa said.
China to Step Up Investment in Climate-Change Fight (Update1)
May 7 (Bloomberg) -- China will step up investment to provide technical support to combat climate change, Wan Gang , the science and technology minister, told the International Cooperative Conference on Green Economy and Climate Change.
Midday Glance: Investment Banks companies
NEW YORK (AP) -- Shares of some top investment banks companies are up at noon: Goldman Sachs rose $2.24 or 1.6 percent, to $144.56. Morgan Stanley rose $.30 or 1.1 percent, to $27.94.
Miami Luxury Homes Investment Guide - A Successful Investment Through Planning
You dont want to try your hand out in an investment in Miami luxury homes without first thinking it through.
Lovettsville Resident Pleas Guilty In Federal Investment Fraud Case
A Lovettsville resident pleaded guilty today to running an investment scheme that defrauded more than $6.7 million from clients who had given him money to purchase blue chip stocks.
Xstrata Says Australian Tax Plan May Hurt Investment in Nation
May 7 (Bloomberg) -- Xstrata Plc Chief Executive Officer Mick Davis said a proposed Australian tax on mining profits would hurt the operations of the largest thermal-coal exporter and cast doubt on the nations attractiveness for investment.
Nothing super about a tax that hinders investment
Kevin Rudd was quoted on radio on Thursday as saying the new tax on mining "super profits" would apply only when super profits were actually being made. He also said that if the tax did not go ahead, there would be no funds to support the proposed reduction in company tax, or investment in new infrastructure.
Kloppers Says There Will Be Impact on Investment, Jobs, Growth
May 9 (Bloomberg) -- BHP Billiton Ltd. Chief Executive Officer Marius Kloppers said the governments new 40 percent resource tax will affect investment, jobs and growth. Kloppers made the comment to Australian Broadcasting Corp.s Inside Business program.
After controversy, investment firm offers to return millions to West Warwick pension fund
Town pension board has to decide whether to accept the $3-million investment from Arizona real estate firm
London's Harrods Store sold to Qatari investment company
London's Harrrods Store was sold on Saturday by Mohammed Al Fayed to the Qatari royal family's investment company for 1.5 billion pounds (2.3 billion U.S. dollars). In a statement, the Egyptian businessman said that he wished to retire after 25 years in charge of the flagship Knightsbridge department store. Ken Costa, an adviser to the deal with Qatar Holdings, said Al Fayed was retiring "to ...
Oman Investment Says in Talks to Buy Stake in National Finance
May 9 (Bloomberg) -- Oman Investment & Finance Co., a utility billing company, said its in talks to buy a stake in National Finance Co. Currently the discussions and negotiations are at a very preliminary stage, the company said in a statement to the Muscat bourse today.
Doing nothing is not an investment strategy
Jennifer W. is a single woman in her late 40s from the Tacoma area, worried about her investment future and puzzled by her investment past.
'Do nothing' is not a strategy for investment
Jennifer W. is a late-40-something single woman from just south of Tacoma, worried about her investment future and puzzled by her investment past.Like a lot of people her age, she was encouraged to
CalPERS hit hard by Mountain House investment
MOUNTAIN HOUSE Advertised as "The Town of Tomorrow," this new bedroom community near the Altamont Pass windmills once seemed like an ideal investment for the California Public Employees' Retirement System.
BHP warns Australia resource tax could hit investment
SYDNEY -Australia's proposed 40 percent tax on resources profits could not only drive investment overseas but impact expansion at BHP Billiton's Olympic Dam mine, chief executive Marius Kloppers said Sunday. Read more...