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Investment News 03/2013



Best Buy, Founder End Investment Talks
Best Buy and founder Richard Schulze have ended talks whereby he and private equity investors were seeking three board seats in exchange for acquiring a minority stake in the consumer electronics giant, Bloomberg reported. Schulze wasn't able to line ...
Japan Public Pension Fund Posts Y5.14T Investment Profit In Oct-Dec
TOKYO--Japan's public pension fund, the world's largest, said Friday that it posted firmer investment returns in the October-December period as returns on its domestic stock holdings jumped. The Government Pension Investment Fund posted a 5.14 trillion ...
Tanzanian Investment to Grow 10% in 2013 With Help of Chinese
Tanzania expects foreign direct investment to grow 10 percent this year from $13 billion in 2012 after China replaced the U.S. as the fourth-largest investor in the East African nation's economy. China, which was not among the top 10 investors in ...
Man indicted in investment fraud scheme
A federal grand jury has indicted a Louisiana man on 18 counts of mail fraud for allegedly executing a $13 million investment fraud scheme. The Advocate reports ( (link) Y3o4h1) U.S. Attorney Donald J. Cazayoux Jr. announced Thursday that 57-year ...
UPDATE 2-Brazil economy shows signs of life, investment recovers
SAO PAULO, March 1 (Reuters) - Brazil's economy improved slightly in the last three months of 2012 and investment also posted an unexpected rebound, suggesting President Dilma Rousseff's flurry of tax cuts and other stimulus measures may finally be ...
Best Buy spurns $1 billion minority investment: sources
NEW YORK – Best Buy Co Inc turned down a $1 billion minority investment proposal by founder Richard Schulze's three private equity partners, two sources familiar with the situation told Reuters Friday. Under the proposal, Leonard Green Partners ...
Best Buy rejects investment deal; profit tops forecasts
N) on Friday rejected what it considered a poor minority investment offer from Richard Schulze's private equity sponsors, following the founder's earlier push to take the entire company private. Schulze, who had originally made an informal proposal to ...
Globalization Takes a Step Backward
A FEW years ago, capital was flying around the globe faster than it ever had. The world economy became more tightly integrated and technology contributed to making it easier for banks and investors to deploy their money on the other side of the world ...
Mason Is a Better Investment Than Groupon
Groupon (GRPN) shares were rallying in premarket trading Friday following the firing of 32 year-old CEO Andrew Mason, but personally, I wish I could invest in Mason. Groupon isn't to be written off completely as an investment. The fact that it has ...
Acciona to Cut Investment in Half After Tariff Deficit Plan
Acciona plans to reduce energy spending to a range of 550 million euros ($714 million) to 630 million euros this year and next, a 50 percent cut to its previous investment plan. It will also curb new developments to 345 to 395 megawatts and may sell ...
Best Buy rejects investment deal; quarterly loss shrinks
Best Buy Co on Friday rejected what it considered a poor minority investment offer from Richard Schulze's private equity sponsors, following the founder's earlier push to take the entire company private. Schulze, who had originally made an informal ...
JPMorgan No. 1 Investment Bank Amid Flurry of Deals
The past five years haven't been kind to investment bankers. M&A deal volume fell off a cliff after peaking at $4.1 trillion in 2007, according to data compiled by Bloomberg. Last year, it dropped 8.7 percent to $2.2 trillion after an early resurgence ...
Buffett Says 'Foot to the Floor' on Berkshire Investment
Warren Buffett mocked executives who held back investments because of “uncertainty” in the economy and said he will probably accelerate capital expenditure at his Berkshire Hathaway Inc. (BRK/A) this year. “There was a lot of hand-wringing last year ...
Inflation-Proof Your Bond Fund Investment
Investopedia defines duration as "a measure of the sensitivity of the price (the value of principal) of a fixed-income investment to a change in interest rates. Duration is expressed as a number of years. Rising interest rates mean falling bond prices ...
Dayton seeks to add $30 million to investment fund; loans help businesses expand
In the past two years, Chart Industries, a New Prague-based manufacturer of cryogenic equipment for storing and transporting natural gas, has invested $23 million to expand its plants in Minnesota, thanks in part to a $500,000 forgivable loan from the ...
The Case for an Investment Boomlet: Barring a Government Misstep
As I wrote in my February newsletter, Themes on the Economy, investment is not only critical to growth this year, but to growth in the future. If we don't invest today, there will be nothing to build a foundation on going forward. The good news is that ...
Virtus Investment Partners CEO George Aylward to Present at Citi 2013 US ...
Virtus Investment Partners CEO George Aylward to Present at Citi 2013 US ...
Ohio ranks 2nd in capital investing
For a project, like this one at the Toledo Jeep plant, to qualify for the rankings, it must have an investment of at least $1 million, create 50 or more jobs, or contain 20,000 square feet of new development space. THE BLADE Enlarge | Buy This Photo ...
Investment firm's funds fuel conversion of dung to dollars
A Chicago company has quietly become a key investor in a $12 million technology project on an Indiana farm that turns cow manure into compressed natural gas. Now, the money backers are building a network of fueling stations to try to knock off diesel ...
Fla. businessman guilty in investment scheme
MIAMI -- The former chief of a South Florida-based international construction materials company has pleaded guilty to a multimillion-dollar investment scheme. Court records show 54-year-old Claudio Osorio pleaded guilty this week to wire fraud and ...
RANKED: The 20 Best Paid Investment Banks In The World
Wall Street is coming back slowly, and that means that competition for a bigger piece of the pie is hotter than ever. To figure out who's winning that war, Bloomberg Markets Magazine put together a list of the of the best paid investment banks measured ...
PhoenixMarketTrends.com Now Provides Easy Access to Small Multifamily ...
PhoenixMarketTrends.com Now Provides Easy Access to Small Multifamily ...
Oregon Shakespeare Festival rewards time investment with opening of 2013 ...
Oregon Shakespeare Festival rewards time investment with opening of 2013 ...
Turning Insurance Into an Investment
Perhaps you bought it to provide for young children in case you died prematurely, but now those children are grown and no longer dependent on your income. Or maybe you bought it to provide your heirs with liquidity to pay taxes on your estate, but now ...
Vermont Lawmakers Support Working Lands Investment
MONTPELIER, VT – A coalition of lawmakers today delivered a “Dear Colleague” letter to the Vermont House and Senate Appropriations Committees, in support of the “five-by-three” investment for the Working Lands Enterprise Fund. The 66 legislators wrote, ...
Veterans urged to avoid investment scams
“Before investing, members of the military, veterans and their families should check with the Department of Banking and Securities to verify that the investment and the person recommending it are properly registered,” said Tina Kotsalos, the department ...
Guilty Plea Filed In Investment Scheme
The former chief of a construction materials company has pleaded guilty to a multimillion-dollar investment scheme. Court records show 54-year-old Claudio Osorio pleaded guilty last week to wire fraud and money-laundering conspiracy charges. Osorio was ...
French lender BNP to boost Africa investment banking business
By Mirna Sleiman and Dinesh Nair. ABU DHABI, March 3 (Reuters) - BNP Paribas, France's No.1 listed bank, plans to boost its investment banking footprint in Africa as it favors promising growth markets away from the riskier euro zone, its regional head ...
Port of Morrow makes a SAGE investment in visitor facility
Port of Morrow makes a SAGE investment in visitor facility. Published: March 3, 2013 Updated 5 hours ago. 2013-03-03T15:18:11Z. Tri-City_Herald. Tweet · 0 Comments E-mail Print. Advertisement. SAGE Boardman Main. Welders work on the steel reception ...
Foreign Investment in Iran Has Reached $7 Billion, Fars Says
Iran has attracted $7 billion in foreign investment in the current Iranian year ending March 20, Fars reported, citing Interior Minister Mostafa Mohammad-Najjar. Mohammad-Najjar didn't say which countries the investment came from nor what projects they ...
'Dogs of the Dow' is one investment strategy to try
As someone who regularly teaches courses in investment analysis, it is often apparent that while the consensus is to learn, the risk of dealing with Wall Street continues to be of concern. It is not just an inherent distrust of Wall Street; the concern ...
Biopharmaceutical Sector Spurs New Investment Opportunities
The biopharmaceutical sector has been buzzing with activity lately. Over the past several months I have had my eye on four companies in particular. Dynavax Technologies (DVAX) has been working with the FDA to iron out safety issues surrounding its ...
RadioShack: Investment Or Speculation?
RadioShack (RSH) is a leading retailer of mobile technology, as well as products related to personal and home technology and power supply. Its retail network includes more than 4,600 company-operated stores in the United States and Mexico, 1,500 ...
Can Egypt Live Without Private Investment?
In January, ambassadors to Egypt from all 27 E.U. member states raised the issue of Egypt's “deteriorating business environment” to President Morsi, saying in a letter that investment decisions are being delayed because of uncertainty over “legal ...
Businesses say property tax repeal would lead to investment
"It's based purely on the fact that their business depends on a heavy capital investment." Jeff Malmen, Idaho Power's top lobbyist, said regulated utilities would pass along savings to industrial, agricultural and residential customers via lower rates ...
RPT-INVESTMENT FOCUS-Keeping faith as crisis rumbles again
"We acknowledge the clear risks facing markets at the moment, but choose to stand our ground for now and remain overweight in equities," said Valentijn van Nieuwenhuijzen, Head of Strategy at ING Investment Management. Van Nieuwenhuijzen reckons ...
Uni-Pixel: Still The Best Investment For 2013
Uni-Pixel: Still The Best Investment For 2013. Mar 4 2013, 04:22 by: Chris Hofmann | about: UNXL, includes: DELL, SYNA. Uni-Pixel (UNXL) is a production stage company delivering Performance Engineered Film (PEF) products to the display, touch screen, ...
Sen. Menendez-sponsored bill could have aided donor's investment, report says
WASHINGTON – Sen. Robert Menendez sponsored legislation with incentives for natural gas vehicle conversions that would benefit the biggest political donor to his re-election, the same eye doctor whose private jet Menendez used for two personal trips to ...
Sustainable energy infrastructure a winning investment
It seems fitting, then, that one consider the investment side of the issue. For those of you who don't know: the University of Georgia has an endowment of around $550 million. Donors give the University big checks, the checks turn into big numbers in ...
Pre-K investment will pay off
Kudos to The Sun for supporting the Race to the Tots legislation in Annapolis and universal, high-quality pre-kindergarten ("Challenging young minds," Feb. 25). Race to the Tots, sponsored by Sen. Bill Ferguson and Del. Sandy Rosenberg, would provide ...
Region's entrepreneurs with investment visas want reforms to address their status
David Albers/Staff - Nina Mold, owner of Top Performance Hair & Nails Salon, hands off a package to a shipping company in her North Naples business on Thursday, Feb. 21, 2013. Mold is a native of England and has operated the salon for nine years on an ...
Federal Nuclear Energy Investment: Small Modular Reactor Technology
Leaving aside the historically essential role of government investment in developing, advancing, and bringing to market innovative energy technologies—and the fact that early government investments in nuclear energy technology now pay back enormous ...
A Conservative Strategy And Investment Rationale For Apple Bulls
Mr. Market is a fickle fellow; therefore, short-term price movements don't necessarily validate our investment thesis, as ultimately it will be the business performance that tells the tale. Obviously, the company's success created extraordinary wealth ...
Mexico's PRI Supports Energy Reform, Votes 'Yes' To Allow Private Investment ...
Mexico's PRI Supports Energy Reform, Votes 'Yes' To Allow Private Investment ...
Philippines in Talks to Ease Investment Limits, Balisacan Says
Investment pledges climbed to a record $15.9 billion last year, Trade Secretary Gregory Domingo said last month, as Japanese companies including Murata Manufacturing Co. boosted expansion plans. The nation's jobless rate of 6.8 percent was the highest ...
Jaguar Land Rover to lift investment at UK engine plant
GENEVA – Luxury car maker Jaguar Land Rover plans to increase investment at its UK engine plant and double employment at the site to around 1,400, its chief executive said on Monday. Ralf Speth told a press conference ahead of the Geneva car show the ...
Alabama investment company acquires Kyle Medical Plaza
The health care real estate investment company said the key tenant of the 42,000-square-foot facility is Hays Surgery Center, which has five operating rooms. The building also is home to MRI testing services, physical therapy practices and several ...
Investment, not Divestment, is the solution in Israel/Palestine
The relative peace between Israel and its neighbors in Egypt and Jordan is largely due to American investment. In the years between 1948 and 1973, the U.S. barely invested in Israel. The average annual U.S. government investment between 1948 and 1973 ...
Chicago investment adviser gets 6 years in fraud
3:13 p.m. CST, March 4, 2013. A former Chicago investment adviser has been sentenced to six years in federal prison for an fraud scheme that cost clients more than $1.6 million, the U.S. attorney's office for the Northern District of Illinois reported ...
Begich Calls for Investment in Arctic Ports
As the Alaska state legislature starts its budget hearings, Sen. Mark Begich is offering his own request: Put $2 billion toward ports infrastructure. “A system of deep-water Arctic ports across the region will expedite oil and gas development ...