Home > Investment News

Investment News 10/2012 (Page 8)



UBS Said to Plan 10000 Job Cuts as Investment Bank Shrinks
Many of the reductions will come in the trading businesses overseen by investment-bank co-head Carsten Kengeter and probably will occur over several quarters, said the person, who requested anonymity because the plans haven't been publicly announced ...
Odisha pips Gujarat in foreign investment race
Gujarat has proved to be the most attractive investment destination for domestic private companies. However, as regards foreign investments, Odisha has beaten it to the top spot, while the western state does not even stand amongst the top three states ...
Investment and innovation
A week ago Friday, Scott visited Gainesville to brag about the uptick in jobs in Florida. He chose as his main stage Prioria Robotics, one of the university city's brash start-up success stories. With 30 employees already on the payroll, it expects to ...
For Higher Returns, Avoid These 2 Investment Biases
The fields of behavioral economics and finance have taught us that decision-making biases have the potential to significantly affect investment returns. Thus, engaging in some metacognitive reflection before pressing that execute button is likely in ...
HP Cong in-charge demands probe into Kanda`s investment
HP Cong in-charge demands probe into Kanda`s investment Shimla: AICC general secretary Birender Singh on Saturday demanded a probe into the former Haryana minister Gopal Kanda's purported investment in a private university in Himachal Pradesh ...
'Unconscionable tactics' that soured investment property venture
IN SEPTEMBER last year Luke Bellamy was forwarded an email from a real estate agent who had looked around the outside of his investment property in Cairns. ''I have to say if I was an owner … I would not be happy … the complex looked and smelt like ...
Memphis murder defendant also cheated investment clients, jury told
Carrie Brown said she made a $20,000 investment with Allianz through Caronna, but that in 2008 she had weeks of difficulty getting Caronna to process her $10,000 withdrawal request from the account. She said the money eventually showed up in her bank ...
The anthracite investment
The renewed investment in anthracite is being driven by large corporations with deep pockets, Driscoll said. He attributed the decline of Northeast Pennsylvania's coal industry in the 1950s and 60s to the dominance of the industry by “moms and pops ...
Smith says campaign money is investment in his commitment
He favors allowing younger workers to invest a portion of their Social Security contributions into a personal investment account of their choice. The participants would assume the risk of investment performance and any funds remaining upon death would ...
Investment firms buy single-family rentals
A partner: Two Harbors Investment Corp., which spent $150 million this year to enter the single-family market, contributed its portfolio of homes to the new venture. It partnered with another investment firm to create a pool of 2,250 houses in five ...
Kia investment at West Point plant $1.1 billion
The plant represents a $1.1 billion total investment by Kia. That's up about $1 million from last year, thanks to a new stamping press, expanded paint ovens, new assembly lines and an expanded rail spur. The plant can produce 360,000 vehicles a year, ...
Sound investment
As Mayor Michael B. Coleman's office puts together a proposed budget for the city of Columbus for the coming year, city leaders would be wise to recognize the proven return on investment and potential for growth that Experience Columbus represents, ...
Investment Contrarians Expert Reports: Latest Housing Numbers Suggest ...
Investment Contrarians Expert Reports: Latest Housing Numbers Suggest ...
Scam watch: Grandparent scheme, debt collection, investment fraud
Here is a roundup of alleged cons, frauds and schemes to watch out for. Grandparent scam -- This scheme has been highlighted before in this space, but it's so common it's worth sounding the alarm again. There have been numerous reports about bad ...
Franchisees keen for low-entry investment
MORE than half of would-be Australian franchisees only want to invest $100,000 or less, a new study has found. A survey of 600 franchisees by FranchiseBusiness.com.au - the official directory of the Franchise Council of Australia - also found almost 30 ...
Investment Trends Presidential race affecting health care stocks
When Republican presidential nominee Mitt Romney said in a video posted online that 47% of Americans depend on government and believe they are victims, hospital stocks spiked higher. When Romney beat President Barack Obama in the first debate this ...
Citi's NY Investment Banking Headquarters Close Monday and Tuesday
Citigroup Inc. (C) told all non-essential employees in metropolitan New York area to work from home, and will shutter its massive investment banking headquarters and trading floors in downtown altogether because it is located in a mandatory evacuation ...
Oz not a priority investment destination
FOREIGN investment in Australia is being inhibited by its strong dollar and perceptions about its attitude to offshore investment, according to the latest Global Ambition survey. The survey by global accountancy network BDO is based on 1,050 interviews ...
Odisha is attracting investment proposals worth billions but remains one of ...
Odisha is attracting investment proposals worth billions but remains one of ...
UBS Shrinking Investment Bank Seen Freeing Cash for Shareholders
Chief Executive Officer Sergio Ermotti is overhauling the bank as Swiss regulators pressure UBS and Credit Suisse Group AG to boost capital and scale back trading and investment-banking operations. Ermotti, 52, said in July that once the bank reaches ...
Philippines Rating Raised by Moody's as Investment Grade Nears
The Philippines' debt rating was raised to the highest level since the start of 2004 by Moody's Investors Service, bringing the Southeast Asian nation one step away from investment grade. The peso and bonds rose. The country's foreign and local ...
Moody's Raises Philippines Rating; Investment Grade Nears
“The writing is clearly on the wall,” said Roberto Juanchito Dispo, president of First Metro Investment Corp., one of the arrangers of the government's record retail bond sale this month. “The Philippines is definitely on its way to becoming investment ...
Union Investment Fund to Purchase Polish Mall for $504 Million
Union Investment Real Estate GmbH, Germany's second-largest property fund manager, agreed to buy the Manufaktura shopping center in Lodz, Poland, for 390 million euros ($504 million) including debt. Fonciere Euris (EURS), based in Paris, and Rallye ...
Moily eyes foreign investment, sets target for oil consumption
New Delhi, Oct 29 — Petroleum and Natural Gas Minister M. Veerappa Moily Monday promised faster decision-making and aggressive efforts to attract foreign investment and secure India's energy security. Taking charge of the ministry after Sunday's ...
UBS Cutting Investment Bank Seen Freeing Investors Cash
UBS will be able to pay “material dividends” as it shrinks the investment bank, said Abouhossein, who forecasts the bank may pay a dividend of 65 centimes a share for 2013, implying a dividend yield of 5.3 percent. UBS rose as much as 6.7 percent and ...
RURIC: LLC Glinki 2 filed a claim on the investment contract cancellation
LLC Glinki 2, a Ruric group company, filed a claim against the Ministry of Defence with the request to cancel its investment contract regarding Moyka-Glinki complex where the Military Transport University was located. Hearing date is appointed on ...
The Daily Start-Up: European Venture Investment and Exits Fall in Third ...
The Daily Start-Up: European Venture Investment and Exits Fall in Third ...
Risks in foreign investment
Many in the oil and gas financial world are watching with interest as the Canadian government reviews its requirements by which foreign investors can acquire Canadian companies, particularly when the foreign investor involves a state-owned enterprise ...
Private equity investment in real estate sector dips 15 percent (Lead ...
Private equity investment in real estate sector dips 15 percent (Lead ...
Gladstone Investment Corporation Reports Financial Results for the Quarter ...
Gladstone Investment Corporation Reports Financial Results for the Quarter ...
California investment group buys tract in Flower Mound
PS Silveron LP — a purchasing entity formed by the investment group — bought the parcel of bank-owned acreage and plans to take advantage of the location to sell the property, or develop the site. The property sits within a 265 acres of land ...
An investment fueled by a reckless affair
An investment fueled by a reckless affair. Courtesy of Library of Congress/COURTESY OF LIBRARY OF CONGRESS - Massanutten Lodge at Skyland, which was the home of the resort's founder George Pollock and his wife, Addie Pollock. Skyline Drive, From ...
Investment banking is a gamble, Kweku Adoboli tells court
The 32-year-old investment banker claimed that he would get up at 3am to monitor the markets and to guide his trading. “The purpose of doing all that investigation and analysis is to increase the chance, and reduce the number of things that are going ...
Pippa Middleton Dating Investment Banker James Matthews
... the U.K.'s Daily Mirror reports. Kate Middleton's younger sister was photographed having dinner with the handsome investment banker at the Queen's Club tennis center in West London earlier this month. PHOTOS: Pippa Middleton's world-famous figure ...
Deutsche Bank Profit Beat Forecasts on Investment Banking
Deutsche Bank is seeking to increase its share of income from investment banking among the world's largest banks, helping offset costs associated with firing employees and restructuring. The lender, which is cutting 1,900 jobs, has said it will incur 4 ...
Investment in Energy Innovation Essential Say Panel of Leading International ...
Investment in Energy Innovation Essential Say Panel of Leading International ...
UBS India investment banking head resigns
The departure of Mittal, who was named the head of India investment banking at UBS in June of last year, was an isolated incident and there were no other senior-level departures at the India unit at this time, said Mark Panday, Hong Kong-based ...
RioCan Real Estate Investment Trust And Tanger Outlets To Acquire Two Outlet ...
RioCan Real Estate Investment Trust And Tanger Outlets To Acquire Two Outlet ...
Central Bank issues investment-firm warning
Consumers are being warned that, if they deal with an investment firm which is not authorised, they are not eligible for compensation from the Investor Compensation Scheme. A list of unauthorised firms published to date is available on the Central Bank ...
Thomas Miller Investment outsources custody and administration to BNY Mellon
BNY Mellon's Asset Servicing group will be responsible for Thomas Miller Investment's institutional business while Pershing, a BNY Mellon company, will service TMI's private investment management business. The agreement with BNY Mellon covers both the ...
Beware of High Yield Investment Promises
In addition to high yield bond funds, other investment products such as annuities (most notable variable and index), non-listed REITs, and market-linked or index-linked CDs are being recommended to more conservative investors as they feel forced to ...
Pippa Middleton Dating Investment Banker (Reports)
According to Britain's Daily Mirror, The Duchess of Cambridge's younger sister has been spotted on multiple dates with James Matthews, a 37-year-old investment banker, whose younger brother is U.K. reality star Spencer Matthews of “Made in Chelsea.” ...
Spanish economy mired in recession
The Spanish economy continues to shrink as the nation suffers its second recession in three years. Spain's gross domestic product, the broadest measure of economic activity, fell by 0.3% in the third quarter, compared with the same period last year ...
UPDATE 1-Gazprom raises investment to $31 bln
Investment programme increased by one quarter. * Yamal pipeline to get more investment. * Shares down more than 2 percent (Adds details, share price). MOSCOW, Oct 30 (Reuters) - Gazprom, Russia's top gas producer, has increased its investment ...
Citigroup tower for investment bankers has some flooding
(Reuters) - Citigroup Inc (C.N) said on Tuesday that a Manhattan building where investment bankers work sustained minor flooding from Hurricane Sandy and had no power. The building is expected to be accessible in the next two days, the bank said in on ...
Sedentary Saudis Spur Investment Boom as Diabetes Rates Soar
At Gold's Gym in Riyadh, Majdi Omar is using his childhood inspiration to get Saudis into shape. “When I was small, I wanted to be like Arnold Schwarzenegger,” the 30-year-old personal trainer said at the city-center club, pointing to a picture of the ...
Virtus Investment Partners Reschedules Release, Conference Call for Third ...
Virtus Investment Partners Reschedules Release, Conference Call for Third ...
Fiat kick-starts stalled Italy investment plans
TURIN Oct 30 (Reuters) - Italian carmaker Fiat told trade unions Tuesday it will resume a stalled investment plan for its five idled Italian factories, beginning with a new SUV made at its Melfi plant at the end of 2013, a union leader said after the ...
Stone Harbor Investment Partners LP Announces Launch of Stone Harbor ...
Stone Harbor Investment Partners LP Announces Launch of Stone Harbor ...
Hurricane Sandy Deals Infrastructure A Blow, Highlights Need For Investment
NEW YORK -- A day after Hurricane Sandy swept across the nation's most densely populated communities along the Mid-Atlantic and Northeast, utilities, telephone and Internet companies all scrambled Tuesday afternoon to restore services to millions of ...