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Investment News 12/2012 (Page 4)



Online Latino lifestyle network MiTu attracts investment
Online Latino lifestyle network MiTu has raised an estimated $3 million from a group of investors, led by former News Corp. executive Peter Chernin's media holding company, the Chernin Group. Other investors include Allen DeBevoise, chairman and chief ...
Value Pick: AG Mortgage Investment Trust
AG Mortgage Investment Trust Inc. (MITT - Snapshot Report) reported phenomenal third quarter results early last month with triple-digit year-over-year advances in both net income and revenues. A forward P/E multiple of 7.54 and an impressive P/B ...
Credit Agricole mulls new investment bank cuts: DJ
The report did not say how many jobs would be affected by the latest round of layoffs, which would come on top of 1,750 cuts announced late last year at the investment banking arm. Credit Agricole's Cheuvreux brokerage is also expected to cut 350 to ...
Countering David Frum: Super-Charging Energy Innovation through Public ...
Countering David Frum: Super-Charging Energy Innovation through Public ...
BHP Approves US$520 Million Investment in Australia Gas Plant
BHP Approves US$520 Million Investment in Australia Gas Plant. Published December 12, 2012. Dow Jones Newswires. BHP Billiton Ltd. (BHP) said Thursday it would invest US$520 million in a facility in Australia's Victoria state that will help strip out ...
New York Chief Executive Officer and President of Investment Fund Arrested for ...
New York Chief Executive Officer and President of Investment Fund Arrested for ...
Investment Firm Played 'Bad Actor' Role, Says State
The investor, who wasn't named in the complaint, allegedly was told by Prodigy representatives his investments were performing extraordinarily well and "he had the 'golden touch' in investment selection." In fact, the oil wells the investor was sinking ...
Investment Bank Forsyth Barr Joins App Trend
The Forsyth Barr Investment Insights app has climbed to the sixth spot on the list of most popular finance apps in New Zealand, according to the Apple App Store. Trish Oakley, Head of Product Development and Marketing at Forsyth Barr, told The Wall ...
Deferring Social Security is a good “investment”
I just turned 68, and I'm a single woman making about $66,000 a year. I was planning to start drawing my Social Security in two years when I turn 70. I have about $260,000 in savings and stocks. A financial adviser said I should start drawing Social ...
Ullico Announces First Infrastructure Investment
Ullico Inc. today announced it has closed its first infrastructure investment deal. The investment will make critical capital improvements to the water and wastewater infrastructure of Rialto, California. It is estimated by Rialto Water Services that ...
Wal-Mart Gets Notice From India Agency Over Alleged Violation of Investment ...
Wal-Mart Gets Notice From India Agency Over Alleged Violation of Investment ...
Ex-investment manager wants off GPS monitoring as he awaits trial
Field, former manager of Easley-based Capital Investment Funding, is awaiting trial following his indictment by a state grand jury on charges of securities fraud, conspiracy and forgery. He has denied any wrongdoing. Field was released from a Richland ...
Are High Corporate Cash Balances Constraining Investment?
Since the global financial crisis, commentators in a number of advanced economies have pointed out that companies have been hoarding ever larger sums of liquid assets as they seek to build a buffer against further turmoil – a move that could eventually ...
One Investment Not To Drop When Fiscal Cliff Hits
The fiscal cliff tax increase on dividend paying stock won't affect most investors, which is actually too bad. Not because I am in favor of a tax increase by any means, especially on dividends and capital gains since they are tied to economic growth ...
China Considers Easing Rule on RQFII Investment in Bonds
China may relax or abolish a rule that requires Renminbi Qualified Foreign Institutional Investor funds to invest mostly in bonds, said Norman Chan, head of of the Hong Kong Monetary Authority. RQFII funds now must invest at least 80 percent of their ...
Russia's Karo Film Seals Investment
Baring Vostok Private Equity, UFG Private Equity and the Russian Direct Investment Fund have invested in Russian cinema chain Karo Film. The group will acquire a majority interest in the company, and will support a $100 million investment initiative to ...
Report: Barclays to Chop 2000 Investment Banking Jobs
Barclays (BCS) is planning to cut up to 2,000 jobs in its investment bank as part of a broader overhaul as it continues to look for ways to streamline operations, according to The Wall Street Journal, citing people close to the matter. The British ...
Foreign investment in Canada Thus far but no further
HAVING spent the past three years trying to woo Asian investors, Stephen Harper, Canada's prime minister, would have looked foolish had he snubbed the first significant show of interest, a $15.1 billion bid by China's CNOOC, a state-owned oil giant, ...
Harvard Management Co. adds to its investment team
Harvard Management Co., which manages the roughly $30 billion endowment of Harvard University, said that it has added four managers to its public markets team. The appointments were announced by Stephen Blyth, head of public markets at Harvard ...
Oversold Conditions For InnVest Real Estate Investment Trust
In trading on Thursday, shares of InnVest Real Estate Investment Trust (Toronto: INN-UN) entered into oversold territory, hitting an RSI reading of 29.0, after changing hands as low as $4.06 per share. By comparison, the current RSI reading of the S&P ...
Gladstone Investment Corp's Series A Cumulative Term Preferred Stock About ...
Gladstone Investment Corp's Series A Cumulative Term Preferred Stock About ...
Brazil ports starved of investment, buried in red tape-group
Shipping agents point to high taxes, endless paperwork. * Transport sector welcomes government port investment plan. * Worries of chaos when record 2013 soy harvest gets to port. By Anthony Boadle. BRASILIA, Dec 13 (Reuters) - Brazil's ports are among ...
Former Wells Fargo Investment Banker and Co-Conspirators Charged with $11 ...
Former Wells Fargo Investment Banker and Co-Conspirators Charged with $11 ...
China Investment Corporation Eyes BC Forests, Spells FIPA Danger
The China Investment Corporation (ICI), one of the world's largest sovereign wealth funds, is set to become a powerful landowner in British Columbia if a $100 million deal with Island Timberlands, the second-largest owner of private forests in the ...
Provident CFO Indicted in $485 Million Investment Fraud Scheme
PLANO, TX—A 59-year-old Plano Texas, man has been indicted in connection with a $485 million investment fraud scheme in the Eastern District of Texas, announced U.S. Attorney John M. Bales today. W. Mark Miller was indicted by a federal grand jury ...
In China, a Real Estate Bust Threatens Investment Trusts
In the U.S. housing crisis, investors lost billions by buying into complex derivatives backed by subprime mortgages. In China's version of the real estate bust, it's a plain-vanilla financial product known as a trust that has been around since the ...
Moody's cuts Puerto Rico to just above investment grade
SAN JUAN (Reuters) - Moody's Investors Service on Thursday slashed Puerto Rico's credit rating by two notches to Baa3, just slightly above the non-investment grade, with a negative outlook. The decision, which affects $38 billion of outstanding debt, ...
France's Hollande: Virtuous Countries Should Exclude Investment From Deficit ...
France's Hollande: Virtuous Countries Should Exclude Investment From Deficit ...
S&P puts UK's high investment rating on negative watch
To preserve the highest investment rating Britain now just needs to think over the measures it plans to take to cap further government debt growth and demonstrate that to the world, Bodrova concluded. Among other leading rating agencies, Fitch placed ...
Russia May Cut Investment In Western Countries' Sovereign Debt
Russia may cut its investment in the sovereign debt of developed countries by 100 billion rubles ($3.2 billion) in 2013 and invest the money domestically, Finance Minister, Anton Siluanov said Friday. "Part of the National Well-Being fund, which is ...
BNY Mellon Makes Executive Changes; Names New CEO of Investment ...
BNY Mellon Makes Executive Changes; Names New CEO of Investment ...
Chimera Investment Reports Higher Book Value, A Positive Sign For Anxious ...
Chimera Investment Reports Higher Book Value, A Positive Sign For Anxious ...
NM woman parlays $1 investment into $5,500 payout
SANTA FE, N.M. — A Santa Fe woman has parlayed her sister's $1 investment in an old ammunition box into a $5,500 payout. Marlene Arsola received the check this week from the U.S. Department of the Treasury. One box was empty but the other had ...
NW Energy Angels Eye Record Year With Investment in Ethical Electric
The investment in Ethical Electric also points to NWEA's broadening geographic reach—something that may be reflected in a re-branding exercise the group is undertaking, says co-chairman Byron McCann. Tom Matzzie, Ethical's chief executive, says the ...
How to Get Investment Advice You Can Trust
No matter how much of a do-it-yourself investor you may be, there are times when you'll want to get some investment advice. Yet with all the horror stories of financial professionals whose job seems to be to fleece unsuspecting investors of their hard ...
Boardwalk Real Estate Investment Trust Named Top 25 Dividend Stock With ...
Boardwalk Real Estate Investment Trust Named Top 25 Dividend Stock With ...
3 Investment Lessons From Biotech's 2012 Successes
Investment lesson: Don't write off companies just because the FDA doesn't approve their drug on its first try. Although, be careful, as in the case of Surfaxin, it could be a long wait. Investors that bought after the first rejection may never see a ...
NE investment co-op signs purchase deal
A community investment cooperative aimed at strengthening northeast Minneapolis has signed its first purchase agreement, which could result in an expansion of the city's smallest food co-op. The North East Investment Cooperative announced Friday that ...
China lets foreign sovereigns, central banks exceed $1 billion investment limit
Chinese regulators have said in the past that facilitating increased foreign investment in Chinese assets will help restore confidence in China's stock markets, which have declined by over 60 percent since November 2007. But the total amount of foreign ...
Partners HealthCare earns healthy investment income
Partners HealthCare System offset a $2 million operating loss for the final quarter of its fiscal year with strong increases in investment income. The operator of Massachusetts General, Brigham and Women's and other hospitals yesterday reported an ...
Proffitt: Investment in schools pays off | HeraldTribune.com
Whatever amount that may be, you get a good return on your investment. Most of what we spend on public education goes into teacher salaries. Their budgets and their expenditures are all on public record, and my observation is that schools run a pretty ...
An Everyman's Investment Success
We generally focus on the latest developments in online- and electronic-investment services in this space. However, this week we're checking in with an independent investor who uses these services—as well as his own analysis—to maintain a robust ...
Investors Fret US Losing Investment Cachet
Imagine a world where the U.S. has lost its mantle as the chief draw for global capital. It's easy if you try. Investors, politicians and even a growing number of denizens on Main Street are coming to terms with the possibility that a solution to the U ...
NM woman parlays $1 investment into $5500 payout
SANTA FE, N.M. -- A Santa Fe woman has parlayed her sister's $1 investment in an old ammunition box into a $5,500 payout. Marlene Arsola received the check this week from the U.S. Department of the Treasury. She tells the Albuquerque Journal that her ...
Former LAPD officer charged in investment scam - SFGate
LOS ANGELES (AP) — A former Los Angeles police officer was arrested on charges of bilking at least $3 million from several people, including fellow officers, who invested in a real estate scheme. It is the second time Darcey Greenfield, 41, has faced ...
Former LAPD officer charged in investment scam - AP State News - The ...
Former LAPD officer charged in investment scam - AP State News - The ...
ICBC Says Investment Arm Has No Plan to Join AIG Plane-Unit Deal
An investment arm of ICBC International Holdings Ltd. may not join the group of Chinese investors set to buy a majority stake in American International Group Inc. (AIG)'s International Lease Finance Corp. plane-leasing business. “ICBC, including its ...
State investment capital plan faces brighter prospects
At the meeting Thursday of the Wisconsin Innovation Network in Wauwatosa, the deputy secretary of Wisconsin's economic development agency said the odds are "a little better than 50-50" that a $200 million, six-year plan to spur investment capital will ...
Scott Burns: Deferring Social Security is good investment
Q: I just turned 68. I'm a single woman making about $66,000 a year. I was planning on drawing my Social Security in two years when I turn 70. I have about $260,000 in savings and stocks. A financial adviser said I should start drawing Social Security ...
China's CIC Says 2012 Investment Returns Will Be Positive
Monetary easing in Western countries boosted capital markets and investment returns, Wang said at forum in Sanya, China. While CIC is investing in Europe, it would do so more proactively if heavily indebted countries and the European Union create a ...