Home > Investment News

Investment News 10/2012 (Page 4)



BofA rejigs Europe financial services advisory team
LONDON Oct 11 (Reuters) - Bank of America Merrill Lynch has reshuffled the senior ranks of its team advising financial institutions on mergers and financing in Europe, as it renews efforts to bring in more investment banking fees from that industry ...
Sprint Confirms Talks With Softbank on 'Substantial Investment'
Sprint (NYSE: S) today confirmed that it is currently engaged in discussions with Softbank regarding a potential substantial investment by Softbank in Sprint. Although there can be no assurances that these discussions will result in any transaction or ...
Sprint in Talks With Softbank on 'Substantial' Investment
Sprint Nextel Corp. said it's in talks with Softbank Corp. for a “substantial” investment from the Japanese carrier, potentially shifting the balance of power in the U.S. telecommunications industry. Softbank, Japan's third-largest mobile-phone company ...
Metro Credit Rating Cut to Lowest Investment-Grade Level at S&P
Metro AG (MEO) had its long-term credit rating cut to the lowest investment-grade level by Standard & Poor's Ratings Services after Germany's biggest retailer reduced its 2012 profit forecast last week. The rating on Dusseldorf, Germany-based Metro was ...
Fifth Third investment chief Wirtz resigns
The move comes a month after Fifth Third Bancorp, the downtown-based parent of Fifth Third Asset Management, sold the investment management unit's 16 mutual funds totaling about $3 billion in assets to Touchstone Investments, the mutual fund arm of ...
Energy Investment Is an International Adventure: Darrell Bishop
The Energy Report: You make the case that investors should take a look at small-cap international energy companies. Why? Darrell Bishop: The main attraction is exposure to high-impact exploration targets. In the international space, a small-cap ...
Painting By Numbers
Furthermore, applying percentages to art investing didn't resonate with art dealer and curator Stefano Basilico, who recalled the time a client approached him to buy art not for the joy of collecting but purely as an investment vehicle. “The client ...
Saratoga Investment Corp. to Report Fiscal Second Quarter 2013 Financial ...
Saratoga Investment Corp. to Report Fiscal Second Quarter 2013 Financial ...
What to watch: Can debate sway investment outlook?
But you'd be wrong if you think a vice-presidential debate can't have an impact on who wins the presidency in November — and change the investment landscape in the process. Past debates between the No. 2 politicians on the White House tickets have ...
India's industrial output rose 2.7 percent in August but investment still ...
India's industrial output rose 2.7 percent in August but investment still ...
Gold Is Seen Advancing as Weaker Dollar Spurs Investment
Gold swung between gains and losses in New York as the dollar weakened and amid speculation some investors will sell the metal after a price rally. The dollar declined for a second day against the euro. Gold futures reached $1,798.10 an ounce on Oct. 5 ...
JPMorgan Investment Bank Pay Pool Falls to $269703 Per Person
JPMorgan Chase & Co. (JPM)'s investment bank cut employee compensation 9.4 percent in the first nine months of the year to $6.98 billion as the division generated 7.1 percent less revenue. The expense was enough to give each of the division's 25,884 ...
Globalfoundries CEO Sees Investment in Client Supply Lock
Globalfoundries Inc. Chief Executive Officer Ajit Manocha said surging demand for advanced smartphone parts is stepping up pressure on semiconductor makers to team up with contract chip manufacturers to ensure adequate supply. The shrinking number of ...
Hollande Robbed of Growth Engine as Companies Cut Investment
“On investment, the word right now is caution,” Stanislas de Bentzmann, co-chief executive officer of Devoteam SA (DVT), a telecommunications services company based on the outskirts of Paris, said in an interview. “September was a terrible month ...
JP Morgan Investment Banker Pay Falls
The bank has cut compensation per employee at its investment bank by 6.9% so far this year, roughly matching a decline of 7% in revenue for the business through the first nine months of the year. The largest U.S. bank by assets has allocated $7 billion ...
JPMorgan profits surge on investment gains
NEW YORK — US banking giant JPMorgan Chase's third quarter earnings surged 34 percent on a turnaround in the bank's own investment activities and improvement in most other business areas, the company said Friday. Net income for the period to ...
Japan plans N1.58trn investment for Nig...
Japan plans N1.58trn investment for Nig...
Poland Seeks Growth Through Investment Fund
Prime Minister Donald Tusk said he wants to pump hundreds of billions of dollars worth of investment into the country's energy sector and infrastructure through 2020 by leveraging valuable state-owned assets to raise the cash. The move also anticipates ...
US charter schools: Investment magnet for visa-needy foreigners?
In Florence, Arizona, overseas investment is expected to finance a sixth campus for the booming chain of American Leadership Academy charter schools. And in Florida, state business development officials say foreign investment in charter schools is ...
Bank of America Names Investment Banking Co-Heads for Russia
Bank of America Corp., the second- biggest U.S. lender, named Aukse Jurkute and Roman Zilber co- heads of corporate and investment banking for Russia and the Commonwealth of Independent States. Jurkute was previously head of equity capital markets ...
Warren Buffett's Well Fargo Investment Hinges on Bernanke
NEW YORK (TheStreet) -- After Wells Fargo (WFC) posted generally mixed third-quarter earnings and a fall in key interest rate-based revenue that augurs poorly for 2013, the bank's largest investor Warren Buffett of Berkshire Hathaway (BRK.A) faces one ...
Romney, Obama want to change tax rates on investment income. Would their ...
Romney, Obama want to change tax rates on investment income. Would their ...
Yankees return on 2012 investment in A-Rod? Pretty ugly
As most baseball fans have heard by now, high-priced Yankees third baseman Alex Rodriguez is not in the starting lineup for Game 5 of the ALDS on Friday. This comes two days after A-Rod was removed for a pinch-hitter who ended up hitting homers to tie ...
Ron Baron's Investment Conference Features Billionaires Kevin Plank And ...
Ron Baron's Investment Conference Features Billionaires Kevin Plank And ...
Investment broker sentenced to prison
U.S. District Court Judge Garland E. Burrell Jr. sentenced Lori Zoval, 47, to three years and eight months in prison Friday for embezzling money while working as an investment broker in Folsom, according to a Friday statement from the U.S. Department ...
The Truth About Low Volume ETFs - Investment Ideas
Although ETFs have begun to surge in popularity over the past few years, there are still a few misconceptions about how the products work. While mistakes are often made when it comes to how to utilize leveraged and inverse funds or commodity and ...
Investment property sell-off as Peter Slipper's legal bill tops $450000
FORMER Speaker Peter Slipper and his wife Inge-Jane Hall are desperately trying to offload two investment properties as the MP faces a mounting legal bill estimated at $450,000. A shattered Mr Slipper has told parliamentary colleagues of his fears of a ...
Tax rates on investment income bound to change after election - The Star-Ledger
With the outcome of next month's presidential election increasingly hazy, here's a shred of clarity that investors can cling to: The tax rates they pay on investment income like stock profits and dividends are almost certain to change. Whether rates ...
Rothschild Bank Wades Into Investment Deal Row
The investment bank founded by the venerable Rothschild dynasty is wading in to a bitter City row, in which the billionaire financier Nat Rothschild is a key player. I understand that Rothschild has been appointed to advise the independent directors of ...
'Punjab's investment plan blueprint ready'
NEW DELHI/CHANDIGARH: Buoyed by the success of mega Bathinda oil refinery and several upcoming power plants, Punjab government's newly-constituted investment promotion department drew its first blood after it finalised the investment plan blueprint ...
Report: Lack of port investment threatens economic recovery
Aging infrastructure at marine ports, inland waterways and airports threatens more than 1 million U.S. jobs, according to a new report from the American Society of Civil Engineers. Between now and 2020, investment needs in the nation's marine ports and ...
4 Investment Opportunities From The Inside Commodities Conference
By Jared Cummans. Index Universe's Inside Commodities conference took place in Chicago this week, and we were lucky enough to get passes to hear the likes of Dennis Gartman and Peter Schiff share their insights on the commodity world. Amid some ...
Maryland investment firms haven't abandoned Democrats
Wall Street might have turned its back on Democrats this election, but that's not the case among Maryland investment firms. The vast majority of contributions to candidates by T. Rowe Price employees went to Democrats. And Democrats were the ...
Investment advisers to need CIBIL credit report for Sebi nod
NEW DELHI: Investment advisers will need to have a good credit report card and satisfactory research capacity to get permission to provide advise to investors in stocks and other capital market segments. Market regulator Sebi (Securities and Exchange ...
RIL cuts capital investment by over $3 billion in KG-D6
Reliance Industries has cut capital investment on the main oil and gas fields in the KG-D6 block by over USD 3 billion on back of an unexpected drop in reserves in an area that was once India's most prolific. The company has filed revised field ...
Teammates investment help OU's Damien Williams' 95-yard TD run
Teammates investment help OU's Damien Williams' 95-yard TD run. Oklahoma's Damien Williams runs for a long touchdown as Texas' Quandre Diggs and OU's Kenny Stills lay out of bounds. Stills' block of Diggs helped free Williams. MIKE SIMONS/Tulsa ...
University's investment breathing new life into rural town where Tenn., Ky ...
University's investment breathing new life into rural town where Tenn., Ky ...
Reliance launches investment plan for risk profile
By Nishant Arora, IANS,. Dubai : In a bid to tap new entrants and middle-income investors, Reliance Capital Asset Management Sunday announced a new systematic investment plan to suit an individual's risk profile. Titled Portfolio SIP, this mutual fund ...
Your bond is your best investment
Yet, why look to diversify your investment portfolio when the best possible investment you could make is, in fact, in your existing bond? It is often tempting to invest an unforeseen windfall or additional monthly income into an investment class that ...
Clean Energy Investment Slows Amid Uncertainty
Unless there's a remarkable turnaround brewing right now — and nobody's seeing any such thing — 2012 could give us the first significant year-to-year decline in clean energy investment since Bloomberg began tracking the data in 2004: Through three ...
Euro zone crisis weighs on Mideast investment: IMF
TOKYO (Reuters) - Uncertainty over the euro zone debt crisis is now showing signs of restraining business and household spending in the Middle East, a top IMF official said on Sunday after weekend meetings of the International Monetary Fund and World ...
China Investment Corp. Favors Big Hedge Fund Managers, Fan Says
China Investment Corp., the nation's sovereign wealth fund, favors larger hedge funds in selecting external managers for investing its capital, said Hua Fan, head of fixed-income investment at CIC. CIC, which helps China manage the world's largest ...
RIL cuts investment in KG-D6 oil fields by $3 bn
Reliance Industries Limited (RIL) has cut capital investment on the main oil and gas fields in the KG-D6 block by $3 billion on the back of an unexpected drop in reserves in an area that was once India's most prolific. The company has filed revised ...
Romney, Obama want to change tax rates on investment income. Would their ...
Romney, Obama want to change tax rates on investment income. Would their ...
Investment Trends Digitization makes advertisers an investment option
In an increasingly digital advertising landscape, it's not enough for an agency to secure a Super Bowl spot. Now the agency also must plan the launch of the Super Bowl banner ad, tie in a corresponding Facebook page, or come up with ideas for a Twitter ...
Philippines Signs Peace Accord With Rebels, Seeks Investment
Philippine President Benigno Aquino signed a peace deal today with Muslim guerrillas after deadly attacks underscored the obstacles to ending a 40-year insurgency that has blocked investment in the country's mineral-rich south. About 200 members of the ...
BofA names MENA investment banking co-heads
DUBAI (Reuters) - Bank of America Merrill Lynch (BAC.N) has appointed co-heads for its corporate and investment banking business in the Middle East and North Africa, it said on Monday, as part of a move to integrate the two businesses in key emerging ...
TEXT-S&P rates Russian Investment Company RIC 'B'; outlook stable
(The following statement was released by the rating agency). Oct 15 -. Overview. -- Republican Investment Company (RIC) OJSC is fully owned by the Russian Republic of Sakha, and we consider it a government-related entity. -- RIC invests primarily in ...
Qatar: Mulling investment in MS commodities unit
DOHA (Zawya Dow Jones) -- Qatar's sovereign wealth fund is "seriously looking" at a potential investment in the commodities trading unit of Morgan Stanley (NYSE:MS) , the country's Prime Minister said on Monday. People familiar with the matter told the ...
Citigroup's Investment Banking Revenues Jump
The bank, when excluding accounting charges tied to changes in the market value of its publicly traded debt, saw revenues rise 15% from a year earlier and 7% from the prior quarter in its securities and banking segment. Breaking that down further ...