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Investment News 05/2010 (Page 3)



Palm Utilities receives Best Water Project Award at Arab Investment Summit 2010
Palm Utilities Palm Utilities , a leading private company that provides integrated sustainable utility solutions, received the Best Water Project Award during the Arab Investment Summit 2010, held recently in Abu Dhabi.
BHP warns Australia resource tax could hit investment
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.
Kuwait- Gulf Investment House suffers losses of KD20.5 for 2009
Kuwait- Gulf Investment House suffers losses of KD20.5 for 2009
Dexter revises investment policy
In an attempt to monitor the villages investment purchases, the Dexter Village Council passed an amendment to its investment policy at its meeting on April 26.
New tax talk adds to the property investment burden
As the impact of the Henry tax review rattles through the investment markets, property groups keenly await anything the federal Treasurer, Wayne Swan, will throw at them in tomorrow night's budget.
Sir Bob sues investment adviser
Former politician and property tycoon Sir Robert Jones is suing Kapiti Coast investment adviser Chris Lee for defamation.
Sir Bob Jones sues investment adviser
Former politician and property tycoon Sir Robert Jones is suing Kapiti Coast investment adviser Chris Lee for defamation.Justice Denis Clifford today told the High Court at Wellington the alleged defamation involved the company...
Sir Bob Jones sues investment adviser
Property tycoon Sir Robert Jones is suing Kapiti Coast investment adviser Chris Lee for defamation. read more
Sir Bob sues investment advisor for defamation
Property tycoon Sir Bob Jones is suing Kapiti Coast investment advisor Chris Lee for defamation at the High Court in Wellington.
Abdullah leads investment mission to the Middle East
ABU DHABI : The East Coast Economic Region Development Council (ECERDC)s investment mission to the Middle East, in particular to the United Arab Emirates (UAE), is very timely, says the Malaysian Ambassador to UAE , Datuk Yahya Abdul Jabbar.
GSB eyes investment opportunities overseas
The Government Savings Bank (GSB) is looking for investment opportunities in the US, China, India, Russia and Brazil, the bank's senior executive vice president, Tachapol Kanjanakul, said.
Student pushes University to alter investment criteria
A UT graduate student is taking an energetic stance in support of ethics and social responsibility, and hes starting at the top. Ben Snyder, a theater and dance graduate student, wants The University of Texas Investment Management Company to change its investment policy to include consideration of the social responsibility of the companies in which it invests. Currently, the policy, which is ...
Qatars Harrods Purchase May Spark More U.K. Retail Investment
May 10 (Bloomberg) -- Qatar Holding LLCs 1.5 billion-pound ($2.2 billion) purchase of Harrods Ltd. may herald more investment in the industry as foreign buyers take advantage of a consumer-spending revival and a falling pound.
Clampdown on slow investment projects
VietNamNet Bridge Bac Ninh Provinces recent decision to withdraw the investment licence of South Korean-invested IGS Viet Nam Co is the latest demonstration of Viet Nams ongoing efforts to crack down on slow-moving foreign-invested projects.
Credit Agricoles First-Quarter Net May Jump on Investment Bank
May 10 (Bloomberg) -- Credit Agricole SA , Frances largest bank by branches, may say first-quarter profit more than doubled on a rebound in earnings at its corporate- and investment- banking unit.
Odey, Bruellan Join to Form New Investment Management Firm
May 10 (Bloomberg) -- Odey Asset Management, the London- based hedge fund run by Crispin Odey, has formed a new investment management firm with Genevas Bruellan Wealth Management.
Regulator investigates investment manager
Corporate regulator is investigating an investment manager, Shawn Richard, who advised Trio Capital, and the Hong Kong-based business he dealt through on suspicion of dishonest conduct.
Early Glance: Investment Banks companies
NEW YORK (AP) -- Shares of some top investment banks companies are up at 10 a.m.: Goldman Sachs rose $3.89 or 2.7 percent, to $146.88. Morgan Stanley rose $1.41 or 5.1 percent, to $29.16.
CPP Investment Board buys Manhattan properties
The CPP Investment Board has agreed to pay US$663 million to buy 45% minority stakes in two office properties in the heart of New York City.
Jingwei International to Present at China Rising Investment Conference
SHENZHEN, China, May 10 /PRNewswire-Asia-FirstCall/ -- Jingwei International Limited (Nasdaq: JNGW; "Jingwei" or the "Company"), a leading provider of data mining and interactive marketing services in China, today announced its participation at the upcoming China Rising Investment Conference held by CCG Investor Relations in New York City. Rick Luk, CEO of Jingwei International will present.
Mediobanca Posts Quarterly Net on Investment Income (Update1)
May 10 (Bloomberg) -- Mediobanca SpA, Italys biggest publicly traded investment bank, reported a fiscal third-quarter profit as revenue was boosted by a gain in its equity stakes.
Midday Glance: Investment Banks companies
NEW YORK (AP) -- Shares of some top investment banks companies are up at noon: Goldman Sachs rose $1.26 or .9 percent, to $144.25. Morgan Stanley rose $1.19 or 4.3 percent, to $28.94.
KillerPennyStocks.com Daily Investment Stock Report Alerts: Intel Corporation, Microsoft Corporation, Oracle ...
WASHINGTON, DISTRICT OF COLUMBIA-- (Marketwire - May 10, 2010) - KillerPennyStocks.com, a premier micro cap research firm provides subscribers with comprehensive research, in depth due diligence and technical analysis to provide our subscribers with high octane stocks that are typically overlooked by your "Average Joe" Wall St. investment advisors. Ask yourself what is easier to find, a stock ...
PPC Says Zimbabwe Plan to Regulate Ownership Slows Investment
May 11 (Bloomberg) -- Pretoria Portland Cement Co. , Africas largest producer of the building material, said Zimbabwes plan to regulate ownership in favor of its citizens has hurt business confidence and slowed investment.
West Warwick, RI, pension board accepts refund from investment company
WEST WARWICK -- The town pension board Monday night defended its decision to invest $3 million in an Arizona real-estate company, despite the objections of a financial adviser, but unanimously voted to accept the investment company's refund offer.
Federal investment in basic research yields outsized dividends -- innovation, companies, jobs
( The Science Coalition ) How can the United States foster long-term economic growth? A new report suggests that one of the best ways is through investment in the basic research that leads to innovation and job creation. "Sparking Economic Growth: How federally funded university research creates innovation, new companies and jobs" released today by the Science Coalition identifies 100 "success ...
Early Glance: Investment Banks companies
NEW YORK (AP) -- Shares of some top investment banks companies are down at 10 a.m.: Goldman Sachs fell $.61 or .4 percent, to $143.22. Morgan Stanley fell $.36 or 1.2 percent, to $28.50.
EPF withdrawals for investment set to rise
THE number of withdrawal applications made by Employees Provident Fund (EPF) members to invest in approved unit trust funds under the EPF-Members Investment Scheme (EPF-MIS) is expected to exceed one million per year by 2015. Federation of Investment Managers Malaysia (FiMM) president Tunku Ya'acob Tunku Abdullah said the number of applications is anticipated to be over 500,000 compared with 300 ...
Chrysler to add jobs, investment in Indiana plant
About 400 jobs will be added at Chrysler Group LLC's casting and transmission plants in Kokomo, Ind., as part of a $43 million investment announced today.
Russia to attract Western investment
Russia is planning a major shift towards a more pragmatic foreign policy to improve ties with the West and attract greater international investment, a report said Tuesday.
Oakland County Emerging Sectors program surpasses $1.5 billion in investment since formation
Oakland Countys Emerging Sectors program tallied its busiest month so far this year, with enough new local business expansion in April to surpass $1.5 billion in total investment since the programs inception.
Yarmuth introduces bill to encourage investment
The commercial real estate market continues to struggle during this economic downturn. While things are improving, realtors say commercial property still isn't selling like it used it. Rep. John Yarmuth (D-KY 3rd) has a bill he says is aimed at getting investors interested in buying commercial property by cutting tax rates and will encourage investment.
EPF withdrawals for investment set to rise
THE number of withdrawal applications made by Employees Provident Fund (EPF) members to invest in approved unit trust funds under the EPF-Members Investment Scheme (EPF-MIS) is expected to exceed one million per year by 2015.
Midday Glance: Investment Banks companies
NEW YORK (AP) -- Shares of some top investment banks companies are down at noon: Goldman Sachs fell $.97 or .7 percent, to $142.86. Morgan Stanley fell $.19 or .7 percent, to $28.67.
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 $1.86 or 1.3 percent, to $141.97. Morgan Stanley fell $.48 or 1.7 percent, to $28.38.
Spansion gets investment from Silver Lake Sumeru
Silver Lake Sumeru, the middle-market investment group of private equity firm Silver Lake said Tuesday that it invested in flash memory drive maker Spansion Inc., which just completed a reorganization related to its filing for bankruptcy protection more than...
Spansion Gets Investment From Silver Lake Sumeru
Reorganized Spansion gets investment of undisclosed size from Silver Lake Sumeru
Regulation Forthcoming On 401(k) Investment Advice
A federal agency hopes to move forward with a regulation on investment advice for individual account plans, such as 401s, within the next few months.
Real estate investment in Asia surged in Q1, says CBRE
Total direct real estate investment in Asia in the first quarter soared by 215% year-on-year to an estimated US$16.5 billion, reflecting a buoyant market, according to the latest quarterly Asia Investment Market View conducted by CB Richard Ellis.
Policy to spur investment in health sector
DOHA: The new strategy of the government to boost private investment in the health sector would result in better healthcare services in the country at competitive prices, a senior official of the Supreme Council of Health (SCH) has said.
Securities & Investment Company announces net profit of BD 1.28 million
Bahrain-based Securities & Investment Company (SICO) announced today a net profit of BD 1.28 million for the first quarter of 2010 compared to a loss of BD 167,000 for the same period of the previous year.
Moody's revises CIMB Investment Bank ratings outlook to positive
KUALA LUMPUR: Moody's Investors Service has revised the outlook for CIMB Investment Bank Bhd's local currency and foreign currency long-term/short-term issuer ratings of Baa1/P-2 to positive from stable.
Spansion Gets Investment From Silver Lake Sumeru
Silver Lake Sumeru , the middle-market investment group of private equity firm Silver Lake , said Tuesday that it invested in flash memory drive maker Spansion , which just completed a reorganization related to its filing for bankruptcy protection more than a year ago.
Early Glance: Investment Banks companies
NEW YORK (AP) -- Shares of some top investment banks companies are mixed at 10 a.m.: Goldman Sachs rose $2.01 or 1.4 percent, to $143.98. Morgan Stanley fell $1.09 or 3.8 percent, to $27.29.
Social media agency gets 500,000 investment
Dublin-based Simply Zesty has received a 500,000 investment from a UK based organisation, which has taken a minority stake in the firm.
Europe's woes boost Asia's investment lustre
HONG KONG: Greece's sovereign debt crisis has plagued Europe and shaken market confidence, but it has also strengthened the case for Asia as a long-term investment destination. That might be difficult to see now following a heavy sell-off in Asian stocks and bonds in the last two weeks and as investors load up on safe-haven assets like gold on concern that Europe's currency union could be at ...
New Jersey Investment Chair Orin Kramer Takes Leave of Absence
May 12 (Bloomberg) -- Orin Kramer, the chairman of New Jerseys Investment Council, is taking a leave of absence for family reasons, acting chair Jonathan Berg said today in a telephone interview.
New Jersey Investment Chair Orin Kramer Takes Leave (Update1)
Orin Kramer, the chairman of New Jerseys Investment Council, is taking a leave of absence for family reasons, according to acting chair Jonathan Berg.
Credit Agricole First-Quarter Net Doubles on Investment Bank
Credit Agricole SA, Frances largest bank by branches, said first-quarter profit more than doubled after earnings rebounded at its corporate- and investment- banking division.
Herbert Smith argues for investment in remote working
International law firm Herbert Smith plans to focus its technology investment on system speed and remote working over the next few years.