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Investment News 08/2010



Foreign investment on downward trend
Foreign direct investment into Vietnam continued to decline in July with only US$508 million registered for 95 new projects, according to a new report by the Foreign Investment Agency.
Saratoga Investment Corp., Formerly GSC Investment Corp., Completes Recapitalization
Saratoga Investment Corp. , the new name of GSC Investment Corp. , has completed a $55 million recapitalization to cure GSC's debt default and to provide working capital to grow its middle-market lending business.
Foreign-investment change in limbo
Public concern around the sale of farmland to overseas interests means the review of foreign investment rules is now unlikely to deliver much of the gains originally hoped for, Finance Minister Bill English has acknowledged.In...
Jordan: Zara Investment (Holding) Company posts 20% increase in its consolidated gross operating revenues
Zara Investment (Holding) Company announced the financial results of its operations for the first half of 2010. The interim results were reviewed by the auditors Ernst & Young.
Jordan Investment Trust PLC (Jordinvest) Announces Mid Year Financial Results for 2010
Amman, Jordan - Jordan Investment Trust Jordan Investment Trust PLC ( Jordinvest Jordinvest ), one of the leading providers of comprehensive merchant, financial and investment services locally and regionally, announced its mid-year financial results, revealing net profits in the first half of 2010 worth JD 1,490,036million, a 189 % increase from the company's results in the first half of 2009.
Rs 1,00,000 cr investment seen in food processing by 2015
An investment of Rs 100,000 crore has been envisioned for accelerating growth in the food processing sector by 2015, Parliament was informed today.
MFS Investment Manag UK Regulatory Announcement: Form 8.3 - Brit Insurance Holdings
LONDON--(BUSINESS WIRE)--FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the Code) 1. KEY INFORMATION (a) Identity of the person whose positions/dealings are being disclosed: MFS Investment Management, Inc. (b) Owner or controller of interests and short positions disclosed ...
Early Glance: Investment Banks companies
NEW YORK (AP) -- Shares of some top investment banks companies are up at 10 a.m.: Goldman Sachs rose $1.86 or 1.2 percent, to $152.68. Morgan Stanley rose $.45 or 1.7 percent, to $27.44.
28 investment opportunities in Aras FTZ for Iranian expats
TEHRAN, Aug. 2 (MNA) 28 investment opportunities and projects in Aras Free Trade Zone have been offered to Iranian investors living abroad during the second conference of Iranian expatriate.
Investment book signing and beer tasting; credit union, power lunch and career transition workshop
Investment book signing and beer tasting come together
US investment firm bankruptcy wont affect Marriott Cebu: exec
A HOTEL investment company, Innkeepers USA Trust, has filed for bankruptcy protection after its room revenue fell and debt payments rose. read more
Investment title rule intended to protect seniors
INDIANAPOLIS | Indiana investment professionals are no longerpermitted to use titles implying they are experts in investing onbehalf of senior citizens.
Chimera Investment Corporation Reports Core EPS for the 2nd Quarter 2010 of $0.19 Per Share
NEW YORK----Chimera Investment Corporation today reported Core Earnings for the quarter ended June 30, 2010, of $142.8 million or $0.19 per average share as compared to Core Earnings for the quarter ended June 30, 2009, of $48.9 million or $0.10 per average share and Core Earnings for the quarter ended March 31, 2010, of $127.9 million or $0.19 per average share. Core Earnings is a non-GAAP ...
Gladstone Investment Corporation Reports Financial Results for the Quarter Ended June 30, 2010
MCLEAN, Va. -- Gladstone Investment Corporation today announced earnings for the first quarter ended June 30, 2010. All per share references are per basic and diluted weighted average common share outstanding, unless otherwise noted.
Investment Company: Threat of raid damages Country Crossing bonds
The investment company that bought $5 million worth of bonds issued in conjunction with the Country Crossing development is asking a federal judge to keep the development from being raided in order to protect its investment.
Virtus Investment Partners Amends Credit Facility, Issues Call Notice for 9,783 Preferred Shares
Virtus Investment Partners, Inc. , which operates a multi-manager asset management business, today announced it has taken actions to enhance its long-term capital position by amending its credit facility and issuing a notice to call 9,783 shares of its outstanding Series B Convertible Preferred Stock.
Virtus Investment Partners Announces Second Quarter 2010 Financial Results; Amends Credit Facility; Exercises Call ...
Virtus Investment Partners, Inc. , which operates a multi-manager asset management business, today reported results for the second quarter of 2010 that included the fifth consecutive quarter of positive net flows and improvement in operating margin, as adjusted.
Investment funds cash in as savers surge back
SALES of investment funds reached the second-highest level on record in the first six months of 2010 as low interest rates drove more savers into equity markets.
Investment banking firm Signal Hill merges with Updata
Baltimore investment bank combines with advisory services firm Signal Hill Capital Group LLC, a Baltimore-based investment banking firm, said Tuesday it completed its merger with Updata Advisors, an investment advisory firm with offices in New York and Reston, Va.
BKI Investment annual profit up 35%
BKI Investment Company reports 35 per cent rise in annual net profit and says current market negativity provides investment opportunities.
BKI Investment annual profit up
BKI Investment Company says current market negativity provides investment opportunity.
Investment banks fuel IT hiring surge
The IT jobs market is experiencing a hiring frenzy among investment banks despite a slowing growth rate in sector vacancies, according to HR specialist Diaz...
PennantPark Investment Corporation Announces Financial Results for the Quarter Ended June 30, 2010
NEW YORK, NY--(Marketwire - 08/04/10) - PennantPark Investment Corporation (NASDAQ: PNNT - News ) today announces financial results for its third fiscal quarter ended June 30, 2010. HIGHLIGHTS Quarter Ended June 30, 2010 ($ in millions, except per share amounts) Investment portfolio $ 623.2 Net assets $ 345.3 Net asset value per share $ 10.94 Credit Facility (Cost $ 256.8) $ 236.1 Investment ...
Apollo Investment Corporation Announces June 30, 2010 Quarterly Financial Results and Quarterly Dividend of $0.28 per ...
NEW YORK, NY--(Marketwire - August 4, 2010) - Apollo Investment Corporation ( NASDAQ : AINV ) or "Apollo Investment", the "Company" or "we" today announces financial results for its fiscal quarter ended June 30, 2010. Additionally, the Company announces that its Board of Directors has declared its second fiscal quarter 2011 dividend of $0.28 per share, payable on October 1, 2010 to stockholders ...
Fortress Investment Group Names Stuart Bohart President of Liquid Markets
Fortress Investment Group LLC said Stuart Bohart will join the firm as president of liquid markets and senior managing directorstrategy of Fortress Investment Group. Bohart had been at Morgan Stanley, most recently as co- head of Morgan Stanley Investment Management.
Investment losses hurt Allstate's net income in 2Q
Property and casualty insurer Allstate Corp. said Wednesday that its net income fell sharply in the second quarter as a result of investment losses.
Apollo Investment records 2Q loss on charges
Apollo Investment Corp. said Wednesday it posted a loss for the second quarter due to a hefty losses from foreign currencies and depreciation because or weaker capital markets.
China Investment Corp. Is Funding Kenny Huang's Liverpool Bid, Times Says
China Investment Corp. is financing the bid for Liverpool Football Club which is being fronted by Kenny Huang, the London-based Times reported , citing unnamed people.
RBS Investment Banking Unit's Revenue Drops 30% Following Sovereign Crisis
Royal Bank of Scotland Group Plc s investment banking unit posted a 30 percent decline in revenue in the first-half, as income from trading bonds and currencies dwindled during the sovereign debt crisis.
Lincoln Investment Acquires Great American Advisors
Lincoln Investment Planning has acquired Great American Advisors (GAA), a Cincinnati-based broker-dealer with 310 reps and related retail accounts. The transaction was agreed upon in May, but Lincoln just added the new reps to its platform this week.
National Investment Corp Real Estate Holdings Receives Offer for Purchase of All Outstanding Shares
NEWPORT BEACH, CA--(Marketwire - August 6, 2010) - National Investment Corp Real Estate Holdings ( PINKSHEETS : NLIR ) announced today that the company has received an offer to purchase all of its outstanding shares from a Major Canadian Real Estate developer. AlphaVita of Toronto, Ontario, Canada, being one of the extremely rare privileged owners of a private Island in Toronto, will commence ...
Big Investment Firms Trim Positive View On Wheat
Big Investment Firms Trim Positive View On Wheat
Investment in Telecoms Sector Now $12bn, Says Jonathan
President Goodluck Jonathan yesterday said the liberalisation of telecommunication operations in the country has harvested a massive inflow of investment in the sector from $50 million in 2000 to over $12 billion in the last ten years.
BKI Investment annual profit up
BKI Investment Company Ltd has reported a 35 per cent rise in full-year net profit.
BKI Investment annual profit up 35pct
BKI Investment Company says current market negativity provides investment opportunity.
Beware of investment seminar scams
Falling victim to a fraudulent investment scheme can mean losing anywhere from a few hundred dollars to your life savings. While most people might not see the harm in sitting through an investment seminar, the Better Business Bureau recommends researching the investment company first, rather than run the risk of falling for a financial siren song over a free lunch.
Investment flows likely to decline in near future
Bangalore, Aug 7 : In view of the development in India as well as the world, investment flows to the emerging market economy is likely to decline in the immediate future, economist Ranganath Bharadwaj has said.
The Hindu Business Line : Investment banks charge near-zero fee for PSU divestment deals
Investment banks including some top-notch Wall Street firms continue to see value in bidding for State stake-sale mandates at next to nothing prices.
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Investment analysis: Under the numbers, economy shows strength
Lynn Reaser is president of the National Association for Business Economics and chief economist of Point Loma Nazarene University in San Diego. Previously she was managing director and chief economist for the Investment Strategies Group at Bank of America.
Investment banks gear up for Russias privatisation drive
Russia may be battling through its worst drought in half a century, but investment banks in Moscow could soon be benefiting from a flood of advisory and underwriting mandates after the Ministry of Finance last month unveiled plans to raise $30bn (23bn) via the privatisation of some of the countrys largest companies.
China Investment in Yen, Euro Driving Down Dollar's Value, Journal Reports
Chinas increased investment in yen- linked and euro-related products is driving up those currencies against the U.S. dollar and helping to keep Chinese exports competitive, the Wall Street Journal reported, citing traders.
Kenya's New Constitution to Boost Investment From U.S., Daily Nation Says
Business investment, foreign aid, charitable donations and remittances from Kenyans living in the U.S. should expand as the constitutional changes agreed upon in a referendum last week are implemented, the Nairobi-based newspaper cited Ranneberger as saying during the inauguration of projects in rural Kenya backed by American Presbyterians.
Investment Banks to Deepen Staff Cuts in Japan, Recruiter Says
Global investment banks will eliminate more jobs in Japan as they question growth prospects in the worlds second-biggest economy and deploy staff to expanding Asian markets including China, Tokyo-based Executive Search Partners Co. said.
Aston Martin Holder Investment Dar Is `Not Up for Liquidation,' Chief Says
Investment Dar Co., the Kuwait-based owner of half of Aston Martin Lagonda Ltd., is not up for liquidation as the company restructures its liabilities, Chairman Adnan al Musallam said.
Investment Industry Regulatory Organization of Canada - Trading Halt - Axmin Inc. - AXM
The following issues have been halted by Investment Industry Regulatory Organization of Canada :
Zacks Investment Ideas feature highlights:Target, Bed Bath and Beyond, Apple and Office Max
Zacks Investment Ideas feature highlights:Target, Bed Bath and Beyond, Apple and Office Max
Virtus Investment Partners Converts Preferred Shares
Virtus Investment Partners, Inc. , which operates a multi-manager asset management business, today announced that it has converted 9,783 shares of its outstanding 8% Series B Convertible Preferred Stock into 378,446 shares of common stock.
National Investment Corp Real Estate Holdings Receives Offer for Purchase of All Outstanding Shares
NEWPORT BEACH, CA--(Marketwire - August 9, 2010) - National Investment Corp Real Estate Holdings ( PINKSHEETS : NLIR ) announced today that the company has received an offer to purchase all of its outstanding shares from a major Canadian real estate developer. AlphaVita of Toronto, Ontario, Canada, being one of the extremely rare privileged owners of a private Island in Toronto, will commence ...
Investment Analysis: Yukon Nevada Gold (YNGFF.PK)
By Above Average Odds. The investment analysis below is our sixth in our ongoing series of guest write-ups, and is brought to you by friend of the blog Jared Levin of A R Schmeidler & Co. We came across Jared's outstanding recent write-up about a month ago, and frankly had to rub our eyes a little bit after our first read through (its not very often we come across asymmetrical risk/reward ...