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Investment News 05/2010 (Page 5)



Greece may sue US investment banks
Greece is considering taking legal action against United States investment banks that might have contributed to the country's debt crisis, Prime Minister George Papandreou said."I wouldn't rule out that this may be a recourse,"...
Concerns over foreign investment
THE IDA has been accused of de-emphasising the importance of Cork and Dublin as locations for foreign direct investment.
Gunns shares fall despite investment
A major investment in Tasmanian timber company Gunns has failed to boost its share price.
S. Africa- Oasis aims to build Shariah-investment fund brand
S. Africa- Oasis aims to build Shariah-investment fund brand
Investment in Youth awards given
The District 279 Foundation hosted the 12th annual An Investment in Youth event May 2 at Park Center Senior High School in Brooklyn Park. During the awards ceremony, more than 60 Education Shareholder Awards were presented to students, volunteers, parents, and staff of Osseo Area Schools.
Foreign Direct Investment in Pakistan Falls 44.7% in 10 Months
May 17 (Bloomberg) -- Overseas direct investment in Pakistan dropped 44.7 percent in the first 10 months of the fiscal year that started July 1, the central bank said.
Papandreou Says Greece Is a Good Investment, Handelsblatt Says
May 17 (Bloomberg) -- Greek Prime Minister George Papandreou said his country is a good investment and is aware of its responsibilities, in an interview with Germanys Handelsblatt.
My Dumbest Investment
My dumbest investment was buying shares of a newly public underwater construction and diving services company. The stock's initial public offering (IPO) was around $15 per share, and within about a year, ...
Pakistani July-April foreign investment falls 22 pct
KARACHI, May 17 (Reuters) - Net foreign investment in Pakistan fell 22 percent to $1.73 billion in the first 10 months of the 2009/10 fiscal year, compared with $2.21 billion in the same period last year, the central bank said on Monday.
Greek programme needs investment, growth - PM
BERLIN (Reuters) - Greece's austerity programme is sustainable only if investment and economic growth in the country can be stimulated, Prime Minister George Papandreou was quoted on Monday as saying.
CDC Software Completes First Stage Of Its Strategic Investment In eBizNET Solutions, A Provider Of Cloud-Based Supply ...
CDC Software Corporation, a hybrid enterprise software provider of on-premise and cloud deployments, recently announced it completed the first stage of its strategic investment in eBizNET Solutions Inc., a leading provider of software-as-a-service (SaaS) supply chain execution solutions that also shares mutual customers with CDC Software.
U.A.E. Bank Profit May Rise 18 Percent, Global Investment Says
May 17 (Bloomberg) -- United Arab Emiratess eight biggest banks may report an 18 percent rise in profit in 2010 and earnings may increase further if provisions from Dubai Worlds debt restructuring arent high, Global Investment House KSCC said.
BA Investment Backs 20 Rupees a Share Takeover Bid From Seaton
May 17 (Bloomberg) -- British American Investment Co. (Mtius) Ltd. said its board unaminously recommends that shareholders accept a bid from Seaton Investment Ltd.
Early Glance: Investment Banks companies
NEW YORK (AP) -- Shares of some top investment banks companies are down at 10 a.m.: Goldman Sachs fell $1.50 or 1.0 percent, to $141.73. Morgan Stanley fell $.17 or .6 percent, to $26.91.
India discusses lifting foreign defence investment
Source: Reuters By Bappa Majumdar NEW DELHI, May 17 (Reuters) - India's trade ministry has suggested almost tripling the foreign direct investment cap on defence equipment to 74 percent, a major policy change that ...
Property investment likely focus of Budget
Changes already signalled for rules surrounding property investment are expected to be the main focus for financial markets when Finance Minister Bill English presents his 2010 Budget on Thursday. read more
Samsung Raises 2010 Investment Plan to Record 26 Trillion Won
Samsung Electronics Co., Ltd, a global leader in semiconductor and display technologies, today announced it will increase its total investment in manufacturing facilities and research & development for 2010 to 26 trillion won, its largest annual investment outlay ever. Approximately 18 trillion won will be invested in facilities including 11 trillion won for semiconductor manufacturing ...
Tata Investment's net rises 4 pc to Rs 193.9 crore
Mumbai, May 17 (PTI) Tata Investment Corporation Ltd, a non-banking financial company, today said net profit rose 4.09 per cent to Rs 193.91 crore in the year ended March 31, 2010, over the corresponding period a year ago.
Midday Glance: Investment Banks companies
NEW YORK (AP) -- Shares of some top investment banks companies are down at noon: Goldman Sachs fell $4.12 or 2.9 percent, to $139.11. Morgan Stanley fell $.43 or 1.6 percent, to $26.65.
Final Glance: Investment Banks companies
Shares of some top investment banks companies were mixed at the close of trading: Goldman Sachs fell $.59 or .4 percent, to $142.64.
2009 Foreign Investment In Argentina Falls But Rebound Expected
2009 Foreign Investment In Argentina Falls But Rebound Expected
Morgan Stanley Biotech Analyst Harr Becomes Investment Banker
May 17 (Bloomberg) -- Morgan Stanley said Steven Harr , an equity-research analyst covering biotechnology companies such as Amgen Inc., switched to the firms investment-banking division.
Calendar Of Investment-Grade Debt: Agency Bills
Calendar Of Investment-Grade Debt: Agency Bills
Australia Treasury Secretary Henry Says Tax Reform Will Encourage Mining Investment
Australia Treasury Secretary Henry Says Tax Reform Will Encourage Mining Investment
Investment company goes into administration
A company which manages investment schemes in the Great Southern and around Western Australia has gone into administration.
Jupiter Investment To List On LSE In June
Jupiter Investment To List On LSE In June
Mitsubishi UFJ Turns to Fourth-Quarter Net on Investment Gains
Mitsubishi UFJ Financial Group Inc., Japans largest bank by market value, returned to profit in the fourth-quarter on investment gains.
Investment body fears fund cuts
Invest NI has said it fears it could miss out on opportunities for inward investment because of public spending cuts.
Mitsubishi UFJ Returns to Profit on Investment Gains (Update1)
Mitsubishi UFJ Financial Group Inc., Japans largest bank by market value, posted fourth-quarter profit that exceeded analysts estimates on investment gains.
Former Head of RBS Investment Bank Settles With FSA (Update1)
Johnny Cameron, the former head of the Royal Bank of Scotland Group Plcs investment bank, agreed to never again hold a senior-management role at a financial company in order to resolve an investigation by Britains markets regulator.
Ex-RBS investment banker agrees to employment ban
The Financial Services Authority adds another scalp as Johnny Cameron, the former head of Royal Bank of Scotlands investment-banking arm, agrees to a ban on working in financial services.
Mitsubishi UFJ Returns to Profit on Investment Gains (Correct)
Mitsubishi UFJ Financial Group Inc., Japans largest bank by market value, posted fourth-quarter profit that exceeded analysts estimates on investment gains.
Early Glance: Investment Banks companies
NEW YORK (AP) -- Shares of some top investment banks companies are mixed at 10 a.m.: Goldman Sachs fell $1.11 or .8 percent, to $141.53. Morgan Stanley rose $.10 or .4 percent, to $27.21.
Regulator bans former RBS investment bank boss
The financial watchdog said on Tuesday that the former boss of Royal Bank of Scotland's investment bank division has been banned from holding another senior job in the finance industry.
Midday Glance: Investment Banks companies
NEW YORK (AP) -- Shares of some top investment banks companies are down at noon: Goldman Sachs fell $2.45 or 1.7 percent, to $140.19. Morgan Stanley fell $.32 or 1.2 percent, to $26.79.
Omega Advisors Nears Settlement of Suit Over Azeri Investment
May 18 (Bloomberg) -- Omega Advisors Inc., the $6 billion hedge fund run by Leon Cooperman , is nearing settlement of a lawsuit against a former executive who brought the firm into a failed $125 million investment in Azerbaijan.
Former Head of RBS Investment Bank Settles With FSA (Update2)
Johnny Cameron, the former chairman of the Royal Bank of Scotland Group Plcs investment bank, agreed to never again hold a senior-management role at a financial company in order to resolve an investigation by Britains markets regulator.
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 $5.28 or 3.7 percent, to $137.36. Morgan Stanley fell $.38 or 1.4 percent, to $26.73.
Prolonged Thai Turmoil to Hurt Investment, Fitch Says (Update2)
Prolonged political uncertainty in Thailand may hurt foreign direct investment, and a decline in the baht cant be ruled out, Fitch Ratings associate director Vincent Ho said today.
Malaysias Global Sukuk Bonds Rated Investment Grade (Update2)
May 19 (Bloomberg) -- Malaysias planned global Islamic dollar bond, its first sovereign debt offering in almost eight years, was assigned preliminary investment grade ratings of A- by Standard & Poors and A3 from Moodys Investors Service.
Prolonged Thai Turmoil to Hurt Investment, Fitch Says
May 19 (Bloomberg) -- Prolonged political uncertainty in Thailand may hurt foreign direct investment, and a decline in the baht cant be ruled out, Fitch Ratings associate director Vincent Ho sa...
China Power Investment to Add Nuclear Plants to Meet Demand
May 19 (Bloomberg) -- China Power Investment Corp. , one of the nations five largest electricity producers, plans to build nuclear plants in southern and northeastern China as domestic energy demand surges, said a company official.
China Power Investment to Build More Nuclear Plants (Update1)
May 19 (Bloomberg) -- China Power Investment Corp. , one of the nations five largest electricity producers, plans to build nuclear plants in southern, central and northeastern China as domestic energy demand surges, said a company official.
MINING FINANCE / INVESTMENT
Peru's Mining Ministry says Peru will attract US$14 billion in foreign investment for mining projects this year.
EPF Aims Investment To Touch RM0.50 Trillion Mark By End-2013
KUALA LUMPUR, May 17 (Bernama) -- The Employees Provident Fund (EPF) expects its investments to touch RM0.50 trillion mark by end-2013, said Deputy Chief Executive Officer (Investment) Shahril Ridza Ridzuan.
Iskandar Investment Named Best Developer For Lifestyle Mall
SINGAPORE, May 19 (Bernama) -- Iskandar Investment Bhd has been named 'Best Developer in the Commercial/Office/Retail Development (Future)' category at the 2010 Cityscape Asia Real Estate Awards for its shopping mall at Iskandar Malaysia.
Canaccord Financial Profit Doubles on Investment Banking
May 19 (Bloomberg) -- Canaccord Financial Inc. , Canadas largest independent brokerage by assets, said fourth-quarter profit doubled on higher investment-banking fees.
Investment group forms to seek downtown Tampa stadium site
TAMPA A seven-person investment group has been formed to assemble downtown Tampa land for a baseball stadium for the Tampa Bay Rays , a web site backing that move announced Thursday.
Early Glance: Investment Banks companies
NEW YORK (AP) -- Shares of some top investment banks companies are up at 10 a.m.: Goldman Sachs rose $.72 or .5 percent, to $138.08. Morgan Stanley rose $.27 or 1.0 percent, to $27.00.
Investment group forms to seek Tampa site for Tampa Bay Rays stadium
TAMPA A seven-person investment group has been formed to assemble downtown Tampa land for a baseball stadium for the Tampa Bay Rays , a website backing that move announced Wednesday.