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Investment News 02/2013



China pilot program for overseas stock investment
HONG KONG (Caixin Online) — Shenzhen's Qianhai development zone is gearing itself up for the upcoming Qualified Domestic Individual Investors (QDII2) program, which would allow domestic individual investors to trade securities on overseas stock ...
Ghana to Host Africa Domestic Tourism Investment Forum 2013
Africa Domestic Tourism Development Agency, (ADTDA) a non-governmental agency for the promotion and development of domestic and regional tourism in Africa, in collaboration with Ghana Domestic Tourism Company Limited is to organize the Africa ...
Can $9 million investment spark Downtown?
Can $9 million investment spark Downtown? View photo gallery (2 photos). Chase Properties President and CEO Mike Balanky thinks the city should spread Downtown development money around. James Crichlow. Chase Properties President and CEO Mike ...
Wells Fargo cautiously grows an investment bank
Wells Fargo Securities President John Shrewsberry faces a unique challenge: Building a successful investment bank within the San Francisco bank that long said investment banking and commercial banking don't mix. Wells tiptoed into investment banking ...
COLUMN-Put your investment enthusiasm on a dimmer switch
More than $55 billion in new cash flooded in to stock mutual and exchange-traded funds in January, according to TrimTabs Investment Research. That is the biggest monthly inflow on record, beating the previous record set in February 2000. What to make ...
Put your investment enthusiasm on a dimmer switch
More than $55 billion in new cash flooded in to stock mutual and exchange-traded funds in January, according to TrimTabs Investment Research. That is the biggest monthly inflow on record, beating the previous record set in February 2000. What to make ...
Serbia Sees $400 Million Al Dahra Investment in Food Production
Serbia Sees $400 Million Al Dahra Investment in Food Production. By Misha Savic - 2013-02-01T15:40:00Z. Serbia and Abu Dhabi-based Al Dahra Agricultural Co. will form a company next month that will invest about 300 million euros ($409 Million) in ...
INVESTMENT FOCUS-Rare dollar renaissance eyed on the horizon
Ewen Cameron Watt, chief strategist at Blackrock Investment Institute, the research hub of the world's biggest asset manager, said exact timing was always impossible to predict but a major dollar bull market over the next 5 years was likely. "I can be ...
China won't "poison the water", investment chief tells EU, US
Jin Liqun, chairman of China Investment Corporation's supervisory board, told a conference of politicians, security officials and diplomats in Munich that his fund thought it was "a very good time to invest in this part of the world". There is "no ...
Homebuyers Seek Alternative Investment Strategies As Interest Rate Cuts Fail ...
Homebuyers Seek Alternative Investment Strategies As Interest Rate Cuts Fail ...
Arizona immigration image not discouraging foreign investment
Danny Lopez, director-general for UK trade & investment in the U.S., hosted a reception for Phoenix area business executives, venture capitalists and other earlier this week at the Arizona Biltmore Resort & Spa. The UK group is also trying to boost ...
Know Your Investment
But as with much else in the financial world, what began as a simple investment has become increasingly complex. There's nothing wrong with complexity, as long as investors know what they're buying. As one of the experts Paul talked to noted, “E.T.F.'s ...
iShares iBoxx $ Investment Grade Corporate Bond Fund Getting Very Oversold
In trading on Friday, shares of the iShares iBoxx $ Investment Grade Corporate Bond Fund ETF (AMEX: LQD) entered into oversold territory, changing hands as low as $118.89 per share. We define oversold territory using the Relative Strength Index, or RSI ...
3 High-Flyers That Should Keep Soaring - Investment Ideas
Doesn't it seem that shares continuously hitting new all-time highs are already overpriced and may not appreciate further? It is a common perception, but not entirely true. The gaining streak may continue for many stocks. And you can easily gain by ...
Folsom man pleads guilty in Ponzi investment scheme
Anthony Vassallo, 33, was originally indicted in 2009 for an $80 million scheme to defraud investors of his Folsom-based investment company. He pleaded guilty to a fraud scheme that brought in more than $80 million from more than 300 investors ...
Bill to take politicians off State Investment Council moves forward
SANTA FE -- This may be the year that politicians finally are removed from the board that manages $16.5 billion in state investments. A revived bill to put only investment professionals on the 11-member State Investment Council cleared the Senate Rules ...
Boulder's Xero Shoes turns down investment offer on 'Shark Tank' reality show
Lena Phoenix, holds some of the varieties of cords used for the Xero shoes as co-owner, Steven Sashen. The Boulder-based Xero Shoes, the "barefoot shoe company," appeared on ABC's "Shark Tank" on Friday, Feb. 1. More than 30,000 entrepreneurs have ...
B of A makes critical investment in its image
Besides the Super Bowl commercials, it's one of the most anticipated advertising campaigns of this year, one that could prove to be a textbook case of how a company goes about mending its tattered image — or unraveling it further. In April, Charlotte ...
Group: Broadband investment will lead to new jobs
Illinois law mandates investment in the 100-year-old techology of wired telephones to your home, said coalition chair David Vite, who is also president of the Illinois Retail Mercants Association. Those dollars would be better used for private ...
Timeshare likely not a great investment idea
In answer to your question, while there are plenty of timeshare developments out there, we don't usually think of timeshares as a worthwhile investment category. And we're not sure how owning a timeshare would work to reduce your taxable income, other ...
RWE CFO Says Considering Investment Cuts for 2014, 2015 - Newspaper
Germany's second-largest utility has a minimum investment amount of around 2.5 billion euros ($2.7 billion) annually to keep its businesses running, RWE Chief Financial Officer Bernhard Guenther told the daily. "For 2014 and 2015, investments going ...
Investment Fun in Indian Wells
As the cold wet weather comes in, my mind starts to dream of the warm dry desert air just a few hours away. Most go for golf, tennis, or just to hang around the pool. But how about combining this great escape weather with gaining knowledge about the ...
A Rare, Legitimate Madoff Investment Goes Public
Jailed Wall Street fraudster Bernie Madoff may have finally picked a legitimate winner. A biopharmaceutical company partly owned by the Madoff family had an initial public offering Tuesday that sold $33 million worth of stock. The New York Post reports ...
Tyson completes $14M investment in Va plant
RICHMOND, Va. - Tyson Foods Inc. says it has completed a $14 million investment to increase production capacity at its Hanover County poultry plant. In addition to installing new equipment, the Arkansas-based company says it also hired 120 additional ...
School districts' investment suit tossed
A state appeals court says San Mateo County isn't responsible for $20 million in losses suffered by a dozen school districts in a county-run investment fund that had holdings in Lehman Bros. when it collapsed in 2008. The districts sued the county and ...
Companies face $33 million initial investment for GNP concession contract
For the first time since 1981, the National Park Service is putting Glacier's concession contract up for bid, and the prospective bidder that secures the 16-year contract will face an initial investment of nearly $33 million, the agency estimates. The ...
An investment worth its price in debt
Michael A. MacDowell is president of Misericordia University in Dallas, Pa. He is a member of the Pennsylvania Commission on Postsecondary Education, which studied how to make higher education more accessible and affordable for students and ...
Compass: Link lower oil taxes to greater investment
Reducing Alaskan oil taxes without an explicit linkage to more Alaskan investment is just bad business. That's what I learned from spending all of last summer and fall talking to voters, one at a time. The majority of them told me that the right ...
Ky. Voices: Higher education still a sound investment
Rick Nease color illustration of hands adjusting mortarboard made from hundred-dollar bills onto back of graduate's head bills. Detroit Free Press 2006. college costs mortarboard graduate graduation cap education student loan academic illustration, ...
Companies face $33M initial investment for Glacier Park contract
For the first time since 1981, the National Park Service is putting Glacier's concession contract up for bid, and the prospective bidder that secures the 16-year contract will face an initial investment of nearly $33 million, the agency estimates. The ...
El Al Gains on Talks of Fimi Premium Investment: Tel Aviv Mover
El Al Israel Airlines Ltd. (ELAL) advanced the most in a decade after the country's flagship carrier said Fimi Opportunity Funds is in talks to pay a premium of as much as 36 percent for a stake. The shares of the Lod, Israel-based carrier, first ...
Rail investment trend in Iowa still going strong
Locomotive machinist Brad Mayo walks to the other side of a locomotive at the Iowa Interstate Railroad's locomotive maintenance and repair facility near Homestead. The new $19 million project opened on Oct. 25, making it the latest in investments ...
Investment craftsman Berkowitz loading up on Sears' debt
Bruce Berkowitz, the investment manager who's turning away new customers from his mutual funds, expects a “watershed” 2013 for Fairholme Capital Management LLC's Focused Income Fund as he bets the majority of its assets on junk-rated Sears ...
Investment Trends Companies offer play on wireless broadband
The newest frontiers are on water and in the air, where captive ship and airline passengers and workers looking to occupy their time often have greater appetites for online fare than they do on land, said Rob Damron, co-portfolio manager for growth ...
African Nations Should Approach Equity Infrastructure Investment With Caution ...
African Nations Should Approach Equity Infrastructure Investment With Caution ...
Investment Clubs Lose Appeal
Members of the Old Bay Investment Club, from left, William Pearce, Alan Bershtein, 'Sheldon,' Sander Zuben, Mike Fradkin, Jeff Goldman and Marc Nachmant met at a sports bar in Baltimore on a recent day. Four club members quit in 2012. Members of the ...
RPT-INVESTMENT FOCUS-Rare dollar renaissance eyed on the horizon
Ewen Cameron Watt, chief strategist at Blackrock Investment Institute, the research hub of the world's biggest asset manager, said exact timing was always impossible to predict but a major dollar bull market over the next 5 years was likely. "I can be ...
Blackstone to Become Investment Bank?
If the underwriting operations grow significantly, investment banks may also be threatened by private equity groups, but to date the banks appear relaxed. Goldman Sachs and Morgan Stanley invited KKR into a bond deal soon after it formed its ...
GE, Dangote Partner On Investment
Nigeria: GE, Dangote Partner On Investment. By Sunday Williams, 4 February 2013. Dangote Industries Limited, last week in Lagos signed a strategic agreement with General Electric (GE) to collaborate on power, transportation and oil & gas projects. GE ...
Turkey Sees 'Huge' Clean-Energy Investment as Demand Bucks Trend
Turkey Sees 'Huge' Clean-Energy Investment as Demand Bucks Trend. By Stefan Nicola & Gelu Sulugiuc - 2013-02-04T11:11:02Z. Turkey expects “huge” investments in renewable power in the next 10 years as growth in energy demand outpaces economic ...
Citi names de Vecchi European Investment Banking Chairman
LONDON Feb 4 (Reuters) - Citigroup Inc has appointed veteran dealmaker Luigi de Vecchi as chairman for corporate and investment banking in continental Europe, it said in an emailed statement on Monday. De Vecchi, who was previously global co-head of ...
Ask the Experts: What investment mix is best for retirement plan?
The benefits of this type of investment structure are twofold. Not only is the investor afforded income "smoothing," but by purchasing several smaller bonds with different maturity dates (rather than one large bond with a single maturity date), the ...
Vestec lands $1.5 million investment; AI for business
Canadian artificial intelligence company Vestec announced this morning that it secured a $1.5 million equity investment from MModal founder V. Raman Kumar. Kumar will join the Waterloo, Ontario-based company's board of directors as vice chairman and ...
Nations Can Cooperate, and Welcome Private Investment
The U.S., especially, is at the forefront of private space investment. With the support of NASA, this nascent industry is flourishing and has achieved great milestones in a very short time, which not only has brought great return to NASA, but also has ...
US business group says market barriers contributed to drop in China investment
The U.S.-China Business Council's president, John Frisbie, said that in a recent survey of its 230 member companies, nearly 10 percent of respondents reported that they had stopped or delayed a planned investment in China because of foreign ownership ...
Retired investment banker gets a break from judge on $175000 moving and ...
Retired investment banker gets a break from judge on $175000 moving and ...
Forbes Earnings Preview: Apartment Investment And Management
Wall Street is expecting higher profit for Apartment Investment And Management (AIV) when the company reports its fourth quarter results on Thursday, February 7, 2013. The consensus estimate is calling for profit of 50 cents a share, a rise from 42 ...
Buffett Gets $1.8 Billion in Investment Assets From Cigna
Berkshire gets $1.8 billion in investment assets as a part of the deal, according to a statement yesterday from Bloomfield, Connecticut-based Cigna. The health insurer will also fund the deal with $100 million in cash and an estimated $300 million tax ...
When it comes to investment funds, buyer beware
The way to make money in the stock market is to buy cheap and sell dear. The average mutual fund investor, however, does the opposite: buy at or near market peaks, sell out near bottoms, miss most of the subsequent run-up, then buy again after the ...
Report: Tech fund firms better at attracting investment than jobs
Companies funded by the Texas Emerging Technology Fund have done a better job of attracting outside investment dollars than of creating jobs, the fund's 2012 annual report shows. The state fund has awarded $194.8 million to 137 applicants since the ...