Home > Investment News

Investment News 11/2012



Chinese government investment fund buys 10 percent stake in London's ...
Chinese government investment fund buys 10 percent stake in London's ...
Sunshine Oilsands Plans $3.5 Billion in Capital Investment
HONG KONG—China-backed Sunshine Oilsands Ltd. has budgeted about $3.5 billion for capital investment in its Canadian oil-sands projects at a time when investors are on edge about the investment climate in energy-rich Canada. The Calgary-based ...
Pimco's Gross Says Quantitative Easing Not Leading to Investment
Bill Gross, who runs the world's biggest mutual fund at Pacific Investment Management Co., said there is no evidence that investment is being incented by the Federal Reserve's quantitative easing program. “All of the money being created and freed up is ...
UPDATE 2-Brazil industry slips in September as investment lags
Output falls more-than-expected 1 pct in Sept from Aug * Production of capital, intermediate, consumer goods drop * September industry output falls 3.8 pct from year earlier * PMI data suggest modest recovery in October manufacturing By Asher Levine ...
Myanmar foreign investment bill in parliament again
YANGON (Reuters) - Myanmar's new foreign investment bill was with parliament on Thursday, after amendments to address concerns of foreign firms eager to enter the country, and it could be quickly approved and sent to the president to be signed into law ...
Bidding Up Netflix's Stock After Icahn's Investment Could Be Risky
By Stephen Grocer. Carl Icahn just hit the fast-forward button on Netflix. But as Heard on the Street's Miriam Gottfried writes, there is a risk for those bidding up Netflix's stock. Icahn argues Netflix may hold “significant strategic value” for a ...
Bravia Capital Explores Investment in SpiceJet
But he said there "will be an investment" from the firm, which often partners with China's HNA Group, in the Indian aviation industry. The news of SpiceJet's talks comes more than a month after India's government changed rules to allow foreign airlines ...
Honda announces $200M investment, 200 jobs in Ohio
MARYSVILLE, Ohio (AP) - Honda said Thursday it will make more than $200 million in new investments at two plants in western Ohio, creating at least 200 new manufacturing jobs. The automaker says the expansions for the Anna engine plant and Russells ...
Is Investment in Infrastructure Now a Matter of National Security?
The events of the past few days emphasize that the challenges posed by climate change – from extreme weather to rising seas – are a matter of both regional and national security. The unprecedented damage Hurricane Sandy inflicted on the New York City ...
Myanmar Clears Less Restricted Investment Law
By SAM HOLMES. Myanmar's parliament passed a more business-friendly foreign-investment law Thursday that removes some previous restrictions on foreign ownership of joint-venture companies. The move was guardedly welcomed by the investment ...
UPDATE 2-Harper to promote Canada business, but no investment rules yet
PM, on Nov 3-11 Asian trip, will say Canada open for business. * New foreign investment guidelines won't be unveiled during trip. * Government "overwhelmingly supports foreign investment in Canada". * Investors uncertain over CNOOC, Petronas bids ...
PartnerRe Beats on Investment Gains - Analyst Blog
PartnerRe Ltd. 's ( PRE ) third-quarter 2012 operating earnings per share of $3.90 significantly surpassed the Zacks Consensus Estimate of $2.06 and the year-ago earnings of $2.41. As a result, operating net income soared to $244.4 million from $164.5 ...
Journalists barred from former President Bush speech to Cayman Islands ...
Journalists barred from former President Bush speech to Cayman Islands ...
Finra Arbitration for Investment Advisers Explained
Wall Street's self-regulator now oversees only brokers and not investment advisers, who are supervised directly by the Securities and Exchange Commission. Traditionally, its arbitration system has been used to resolve disputes between brokerages and ...
AIG reports big investment gains, premium profits down
(Reuters) - American International Group Inc <AIG.N> earned a larger-than-expected profit during the third quarter, due in part to big gains on its investment holdings. Questions about the sustainability of those profits, and uncertainty about the ...
'Blackout' imposed as George W. Bush speaks at Cayman Islands investment ...
'Blackout' imposed as George W. Bush speaks at Cayman Islands investment ...
Fortress Investment results top estimate
NEW YORK--Fortress Investment Group LLC (NYSE:FIG) posted a better-than-expected rise in third-quarter earnings as the value of its investment portfolios rose robustly, driving higher incentive income. Private equity, which accounted for nearly a third ...
Federal Realty Investment Trust Announces Third Quarter 2012 Operating Results
1, 2012 -- /PRNewswire/ -- Federal Realty Investment Trust (NYSE:FRT) today reported operating results for its third quarter ended September 30, 2012. (Logo: (link) PH29242LOGO). Financial Results In the third ...
US factory orders jump 4.8 percent in September but business investment ...
US factory orders jump 4.8 percent in September but business investment ...
Myanmar foreign investment law revised by parliament, awaiting president's ...
Myanmar foreign investment law revised by parliament, awaiting president's ...
Harper Rejecting Petronas Clouds Investment Talks in Asia
Prime Minister Stephen Harper's reluctance to approve foreign investment by Asian state-owned enterprises such as China's Cnooc Ltd. (883) may undermine his push to attract the capital Canada needs to develop its natural resources as he visits Asia for ...
INVESTMENT FOCUS-Bond-heavy overseas funds want Obama win
LONDON Nov 2 (Reuters) - Overseas investors, many of whom are creditors to the highly-indebted U.S. government, reckon a re-election of President Barack Obama would be best for world markets even if U.S. counterparts say otherwise. For the second ...
FINRA steps up to arbitrate investment adviser disputes
(Reuters) - Wall Street's industry-funded watchdog does not have an official say over registered investment advisers, but it is not shy about stepping up with a solution to resolve their legal disputes. The Financial Industry Regulatory Authority ...
Apartment Investment & Management Management Discusses Q3 2012 Results ...
Apartment Investment & Management Management Discusses Q3 2012 Results ...
China's investment in oilsands a political migraine for Harper
There's understandable Canadian discomfort in watching China slowly but methodically gobbling up vast chunks of the Alberta oilsands. The $18 billion it has already invested in various oilsand stakes will almost double in value if, and likely when ...
Which Candidate Is the Better Investment?
Going down this list, I hope it is clear to you that Barack Obama is the smarter investment, the man more likely to put America in a stronger economic position going forward. In making the list, I haven't even touched on some of the most compelling ...
A small investment in our children's future
A small investment in our children's future. ARTICLE · COMMENTS · Email Print · Copyright 2012 The Aspen Times. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. November, 2 2012 10:30 pm ...
Myanmar state media details new foreign investment law
YANGON (Reuters) - Myanmar's new foreign investment law allows overseas firms to fully own ventures and offers tax breaks and lengthy land leases, state media said on Saturday, releasing details of legislation passed by parliament this week after a ...
On Investment Time Horizons
Why are time horizons important? Because people have future goals that they want to meet. We typically invest money today because we have some need that we are trying to meet in the future, whether that is college expenses, retirement, or some other ...
Harper says could block other foreign investments
OTTAWA (Reuters) - Prime Minister Stephen Harper, in some of his toughest remarks on foreign investment yet, signaled a willingness to block foreign purchases of Canadian companies if other countries are not open to Canadian investment. Speaking on ...
Your Best Investment Move for November: Do NOTHING
As New York City slowly dries out from Hurricane Sandy and moves towards normalcy, and as the too-close-to-call presidential election reaches its climax, you might find it difficult to find the intellectual capacity for fundamental analysis or big ...
Governor Dickson, President Zuma and Investment Fever in Bayelsa State
Last month, precisely Friday, October 26, Governor Henry Seriake Dickson of Bayelsa State and his investment team stormed Johannesburg, the business capital of South Africa, on the invitation of President Jacob Zuma. This visit and the power-packed ...
Merkley pushes for more investment in education and infrastructure
Jeff Merkley told a Medford audience Friday that the United States must increase its investment both in education and infrastructure to avoid losing ground in the global economy. In a talk to the Medford Rogue Rotary Club, Merkley said one way to jump ...
Southside Investment adds board members
Tony Tomash (see photo) joined Bernardi Investment Services Inc. His responsibilities include investment and planning services as well as assisting with strategic growth and oversight of the company. AW Welt Ambrisco Insurance announced new staff ...
Actor accused of playing investment whiz in alleged $10 million Ponzi scheme
Local attorneys who track investment fraud cases say they have never heard of anyone so young accused of convincing people to entrust him with millions of dollars. French formed a Boca Raton-based company in March 2008, promising returns of up to 50 ...
Ermotti shifts UBS's investment vision
Sergio Ermotti's move to shut down most of UBS's fixed income trading and shed 10,000 jobs reversed a plan initiated by one of his many predecessors as chief executive, Marcel Ospel, to become “number one in global investment banking”. Mr Ermotti has ...
Steven Davidoff Whitewashes the Investment Banks in the NYT
Steven Davidoff used a Dealbook column to defend the investment banks behavior in selling collaterized debt obligations (CDOs) filled with bad mortgages. While he does make an important point, he glides over some clearly improper and possibly illegal ...
Vodafone controversy pushes back Canada-India investment deal
AGRA, India, Nov 4 (Reuters) - A high-profile tax dispute between the Indian government and British telecoms operator Vodafone Group has made it unlikely that India will sign a foreign investment protection treaty with Canada during a visit this week ...
US Companies Woo Chinese Investment
The wooing was part of an effort by local governments to attract more investment from the Chinese, who despite their newfound wealth have the reputation in some quarters as window-shoppers rather than deal-makers. Mr. Sun—a 50-year old who owns 11 ...
Indonesia's Economic Growth Exceeds 6% as Investment Climbs
Indonesia's economic growth held above 6 percent for an eighth quarter as domestic consumption and rising investment countered an export slump, reducing the need for the central bank to cut interest rates. Gross domestic product rose 6.17 percent in ...
Hong Kong investment firm Squadron's director Prasanna leaving
HONG KONG Nov 5 (Reuters) - Asian private investment firm Squadron Capital Advisors's director for investments in Southeast Asia and India is exiting the firm, according to an email from the executive seen by Reuters, while the firm is in the midst of ...
Orcel Announces Overhaul of UBS's Investment Banking Team
Investor client services, contributing two thirds of investment-bank revenue, will be led by Mike Stewart as global head of equities, Chris Vogelgesang and George Athanasopoulos as global co-heads of foreign exchange and precious metals and Chris ...
Dream Act continues a worthy investment
If you believe in the American promise — that hard work leads to opportunity — then you should support the Maryland Dream Act. The American promise rewards us with a real opportunity to build a better future for ourselves and our children — a real ...
Costs growing for scandal-plagued HSBC
HSBC reported Monday that it turned a profit of $5 billion in the third quarter, a figure held down by the scandal-plagued bank's efforts to absorb a series of fines and penalties. The London-based firm set aside $800 million to pay fines that may ...
Gold investment probe: Many paid but did not get their gold
KUALA LUMPUR: Seized records have revealed that many investors who had paid had yet to receive any delivery of gold, prior to the joint raids by Bank Negara, the police, the Ministry of Domestic Trade, Cooperative and Consumerism and the Companies ...
UBS shakes up investment bank management
ZURICH/LONDON – The new head of UBS's investment bank has stamped his mark on the division with a management reshuffle, days after the Swiss bank said it was pulling back from fixed income trading and cutting 10,000 jobs. Andrea Orcel, a dealmaker ...
Stifel Financial to buy fellow investment bank KBW
LOUIS — Stifel Financial is buying KBW in a deal worth more than $575 million and creating a middle-market investment bank focused on the financial services industry. Shareholders of KBW Inc. will receive $10 per share in cash and $7.50 per share in ...
Turkey Gets Investment Grade First Time Since '94 From Fitch
Turkey received its first investment- grade ranking since 1994 after Fitch Ratings raised the country by one level, citing an easing in economic risk and lower debt. Stocks and bonds rallied to record levels. Fitch boosted Turkey's foreign-currency ...
Turkey Wins Investment-Grade Status
"The upgrade to investment grade reflects a combination of an easing in near-term macro-financial risks as the economy heads for a soft landing, and underlying credit strengths," Fitch analysts led by Ed Parker in London said in a statement. "The ...
UPDATE 4-Turkey regains investment grade rating after long wait
Turkish deputy PM says upgrade overdue. * Financial markets rally. * Finance minister says move will boost growth. * Turkey needs another agency to follow suit. By Daren Butler. ISTANBUL, Nov 5 (Reuters) - Turkey regained its investment grade credit ...