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Investment News 03/2013 (Page 8)



MOVES-Nomura, ING Investment, Deutsche Bank, Blackrock
Nayed, previously interim chief executive officer of sovereign wealth fund Libyan Investment Authority, will report to Ashok Aram, Deutsche Bank's chief executive for the region, the bank said. BLACKROCK INC. The world's largest money manager said ...
An Emotional Investment in Saving for College
One of the first things we did when our children were born was contribute to a state-sponsored 529 college savings plan for each of them. Saving for their education is, for us, as much of an emotional investment as a financial one. As we've tracked the ...
Betting On Baseball: The Next Hot Investment Strategy?
Peta: Even though the entire MLB is worth less than a single investment bank [he's right – Forbes' 2013 valuations put the value of all 30 teams at $22.3 billion, up 22.8% from a year ago; by comparison the likes of Morgan Stanley and Goldman Sachs ...
Itau grabs new Europe investment bank boss from Morgan Stanley
Itau BBA, the wholesale and investment banking arm of Itau Unibanco, on Wednesday said Charles Stewart is to become chief executive of its international business from June 24, based in London. Stewart will succeed Almir Vignoto, who will move to New ...
Greek stocks tumble on eurozone woes
While U.S. stocks have taken a pause from the recent rally, Greek stocks have tumbled sharply as Europe's woes are back in the limelight. It's been a week of ups and downs in the U.S. stock market, as investors have been watching developments in Europe ...
Entitlements or investment? Democrats must pick: Column
Unless more older Americans work, pay taxes and take fewer benefits, the only realistic way to address the budget deficit will be more cuts in investment and core government programs. Entitlement programs. Nurse embracing senior woman in retirement ...
Funds Reshape Investment Mold
Crescent Capital Group, a $12 billion fund manager that primarily buys below-investment-grade loans and bonds, has boosted its investments in stocks to 10% of assets from virtually nothing last fall, said co-founder Mark Attanasio. "We have looked for ...
Chief Investment Officer: Divestment May Hurt Cornell's Endowment
In response to students fighting for Cornell to divest — or remove its investments — from the fossil fuel industry, Cornell's Chief Investment Officer said pulling the University's investments out of the industry may negatively impact its endowment ...
BP to go ahead with $500 million Shetlands investment
LONDON (Reuters) - British oil group BP is pressing ahead with a $500 million-plus investment in the Shetland Islands, a shot in the arm for the government's efforts to revive the North Sea oil industry to help kickstart a flagging economy. Though ...
Soccer-Leeds sell stake to Bahrain's International Investment Bank
LONDON, March 28 (Reuters) - The owners of Leeds United have sold a 10 percent stake to Bahrain-based International Investment Bank, the English soccer club said in a statement on Thursday. Dubai-based GFH Capital bought The Championship (second ...
State Comptroller to announce investment in Auburn company this morning
Auburn, NY -- New York State Comptroller Thomas P. DiNapoli this morning will announce the details of an investment made by the New York State Common Retirement Fund through its In-State Private Equity Program in Auburn Armature, Inc. DiNapoli will ...
Tax Rules for Children with Investment Income
If your children are fortunate enough to have investment accounts, they may be required to file a tax return to declare the income they receive – interest, dividends, capital gain distributions and income from a trust. Or if you meet certain ...
AFRICA INVESTMENT-Trading houses lured by African growth despite hazards
Insight: Silent or supportive, conservatives give gay marriage momentum · 121 · EU deal emerging to shut Cyprus bank, inflict losses. Sponsored Links. AFRICA INVESTMENT-Trading houses lured by African growth despite hazards. Tweet · Share this · Email ...
New York allows investment bank to bend 'potty parity' law
In a rare move, New York City's buildings department OK'd an investment bank's request to break the city's potty-parity law and add a men's bathroom and urinals to its trading floors. Japanese firm Nomura, gearing up to move into Worldwide Plaza in the ...
Fred Wilson 'Lost' The First Investment He Was Going To Lead In Over A Year
He's wasn't happy about it, but he said, "I have been working on a new investment and I hope it will close in early 2013." We've been wondering if that investment ever closed. Today, over email, he told us, "Nope. Lost that one." We emailed back to see ...
Alberta investment banker the latest to explore Coyotes purchase
Yesterday, as the hockey world was watching the Jarome Iginla saga unfold, it was reported that the NHL was set to make a decision on the Phoenix Coyotes situation. If no owner was found to buy the club from the league, a relocation could be announced ...
Analyst: UGG maker's stock could hit $100
The rally came after Jefferies issued a glowing report on the company, saying it expects sheepskin prices to fall this year after rising about 80% in the past two years. The investment bank raised its price target from $65 and said Deckers remains its ...
State comptroller announces $7 million investment in Auburn Armature Inc.
New York State Comptroller Thomas DiNapoli (right) toured Auburn Armature Inc. with company President Mike Capocefalo Thursday. DiNapoli was visiting the Auburn plant to announce a state pension fund investment of $3.4 million in the manufacturer and ...
TriNovus Sells to Temenos, Advised by Founders Investment Banking
TriNovus, a Birmingham, Ala.-based software-as-a-service company focused on compliance issues, has been acquired by banking software systems company Temenos. Founders Investment Banking, an M&A advisory firm based in Birmingham, acted as the ...
Campbell Clinic makes big investment in imaging upgrade
Campbell Clinic is upgrading its digital radiography capabilities with a $700,000 investment that has given the practice's orthopedic providers quicker images while reducing patients' exposure to radiation. The practice purchased five digital ...
Stock 'leaders' are really losers - opinion
Investors are rummaging through Wall Street's trash heap and scooping up Best Buy, HP, Groupon and other losers from 2012. The opinions expressed in this commentary are solely those of Paul R. La Monica. Other than Time Warner, the parent of ...
Small investment firm in downtown Tacoma getting international attention
A small investment fund run by three Tacomans out of a quiet office downtown is receiving international attention for best practices and performance. Point Defiance Capital Management was recognized last week with a Global Emerging Manager Award, for ...
Money-market funds are a most dangerous investment
WASHINGTON (MarketWatch) – Money-market funds, thought to be one of the safest investments, are actually some of the most dangerous. They are still vulnerable to the same kind of bank run that nearly pushed the global economy over the brink in 2008, ...
SC Treasurer refuses to sign investment check
The Retirement System Investment Commission says it's sent Loftis an email with that assurance. Loftis and commission chairman Reynolds Williams have had an ongoing dispute about the fees the panel pays for its investments. Investments are the main ...
Crummy investment? It's right in the name
DENVER (MarketWatch) — Patricia White of Elk Grove, Calif., directed most of her self-directed IRA into a company called Crumbs R Us. She said this unusual investment idea came highly recommended by Loral Langemeier, one of those self-proclaimed ...
Downtown Investment Authority debates core responsibilities
After two back-to-back meetings that spanned nearly four hours, the Downtown Investment Authority approached a moment of clarity. Two subcommittees of the DIA met Thursday to discuss priorities for the $9 million the city has pegged for revitalization ...
The “Rebuild America Partnership”: The President's Plan to Encourage Private ...
The “Rebuild America Partnership”: The President's Plan to Encourage Private ...
How business investment points to GDP recovery
For a third month of gains, shipments of core capital goods rose more than economists had expected in February, signaling that gross domestic product's expansion in the first quarter may also be faster than economists had forecast. The U.S. Department ...
Phoenix Coyotes sale: New investment group to emerge?
Gary Bettman has told Glendale Mayor Jerry Weiers that a new investment group could close on the purchase of the Coyotes as early as next week.  Share on Facebook ·  Tweet post · + Comments. A new attempt at securing the purchase of the Phoenix ...
Obama promotes plan to create jobs by attracting private investment in public ...
Obama promotes plan to create jobs by attracting private investment in public ...
For-Profit Colleges Are A Spectacularly Bad Investment
The new study found that for-profit schools spend much less on instructional cost per student than all other schools. At the same time, for-profit schools can have a higher out-of-pocket cost due to limited financial aid. The real losers, according to ...
Justin Verlander's $180 million contract a savvy investment for Tigers
Someone was going to give Justin Verlander the $200 million he wanted. The free-agent market is baseball's Bellevue, and teams go particularly mad for elite players. The Detroit Tigers knew this, and before anyone else had the opportunity, they broke ...
Can Start-up Investment Encourage Stability in Egypt?
On his recent tour of the Middle East, Secretary of State John Kerry announced $250 million in economic aid for Egypt, my home country. Though Congress blocked additional funding, that initial, substantial investment in Egypt will hopefully encourage ...
US Explores West African Trade and Investment Agreement
The U.S. is exploring a possible trade and investment agreement with the 15-nation Economic Community of West Africa, acting U.S. Trade Representative Demetrios Marantis said today. The announcement came after a meeting in Washington yesterday ...
Investment Needed to Energize Polonia
"The city is always putting money to try to fix the streets and even the sidewalks that need fixing, but you need to get people like [Howard] Zemsky and people from private investment to do things like Larkinville, which is a mile and a half from here ...
20 Ways Investment Bankers Have Learned To Save
If you want ways of saving money, an investment banker may not seem the best source of advice. Believe it or not, however, bankers are changing their spending habits as their bonuses shrink and become allocated over several years. Both bankers and ...
Michigan youngsters dedicate Kansas win to program-first seniors, John ...
Michigan youngsters dedicate Kansas win to program-first seniors, John ...
It's Time for Dell to Activate Its Investment in Social Media
Dell published a 275-page preliminary proxy statement last week (you can download it here) in which it described its founder's plan to take the company private, in part by dissing alternate proposals to keep it public, saying that its restructuring ...
Are Cruise Lines a Disastrous Investment?
If there's one company that's been making headlines lately for all the wrong reasons, it's Carnival (NYSE: CCL ) . This year the cruise-ship company has had to answer for six large-scale malfunctions within its fleet, and its ship Triumph left more ...
CJ Korea Express-investment
SEOUL, March 31 (Yonhap) -- CJ Korea Express Corp., South Korea's largest logistics firm, unveiled an ambitious plan Sunday to become the world's fifth-largest logistics company by 2020, one day before its scheduled merger with its affiliate and the ...
Workforce Investment Board Receives Grant
The Sheldon Foundation has awarded the Workforce Investment Board Inc., in conjunction with Chautauqua County Health Network, a grant to support building a health care talent pipeline for the local region. In addition to working with local school ...
'Broadband tax' will stifle investment in TN
Those poles are essential to our present-day networks but, more importantly, are critical to the next wave of innovation and investment in our state — not just from cable, telecom and utility providers, but also for every home, school and business in ...
The future of wind energy: It's worth the investment
Even that relatively small investment has paid off: The cost of wind energy has fallen more than 90 percent since tax credits for wind began in the 1980s, while attracting average annual private investment of $15 billion for the past five years. If we ...
$600M investment scam incubated in NC town
For a small investment, she could make a fortune. He had invested. So had his grandsons. And so were more and more people in Lexington, including doctors, lawyers and accountants. Skeptical at first, Myers drove a few blocks to the company's one-story, ...
Why This Smart Investment Gets No Respect
Millions of Americans have realized how important it is to save for their own financial future. But when it comes to taking maximum advantage of all the tools at their disposal, most of them ignore a smart investment that can be crucial in getting them ...
Why Pandora Will Never Be a Great Investment
Jeremy calls the company a "dumb pipe" that doesn't own its content, all while it goes up against Apple and Amazon.com, which have billions of dollars to play with as they seek to build on their market shares. Austin notes that those two companies are ...
Investment Trends Opportunities remain for cashing in on housing rebound
Whether close to home, or in places like California and Texas, two Waukesha money managers say they're seeing signs of a real estate revival that could last for many years. Existing home sales in February were 10.2% higher than in the same month a year ...
As Crowdfunding Takes Off, SEC Greenlights AngelList's Investment Platform
The Securities and Exchange Commission is making way for a number of startups and online investment platforms to enable startups to crowdsource investment. Early last week, Y Combinator-backed FundersClub received notice from the SEC that the ...