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Investment News 07/2013 (Page 6)



Evercore Profit Doubles as Investment-Banking Fees Climb
Evercore Partners Inc. (EVR), the advisory firm founded by former U.S. Deputy Treasury Secretary Roger Altman, said second-quarter profit more than doubled as investment-banking revenue climbed. The shares rose to an all-time high. Net income rose to ...
Bitcoin investment fund was Ponzi scheme, SEC alleges - Hunterdon County Democrat
The SEC has asked a federal court to freeze Shavers' accounts. It also has issued a notice warning investors about potential fraud in virtual currency investments. Whether that halts interest in the Bitcoin investment fund established by the Winklevoss ...
Caterpillar's disappointing earnings good for Jim Chanos
Just a week after hedge fund investor Jim Chanos announced he was betting against Caterpillar, the industrial equipment maker reported disappointing earnings and cut its outlook for the year. The bad news sent shares of Caterpillar (CAT) nearly 3 ...
Charter schools fail to meet investment-grade metrics - Fitch
July 24 (Reuters) - Fitch Ratings said on Wednesday that the average charter school it rates will remain at speculative grade "for the foreseeable future" because investment-grade ratings are beyond reach. Most of Fitch's charter school downgrades in ...
Hurdles to Private Infrastructure Investment
One of the fuels for the rise in P3s in other countries has been growing investment by pension funds. Infrastructure investment is a good fit for pension funds because it provides a return over a very long period of time, which matches the pattern of ...
Biden Calls on India to Improve Investment Conditions
During an an address to the Bombay Stock Exchange Wednesday, Biden called on India to improve investment conditions to improve bilateral trade which currently stands around $100 billion. "Imagine what our two countries can achieve together in this 21st ...
Evercore Profit Doubles as Investment-Banking Revenue Climbs (2)
Evercore Partners Inc. (EVR:US), the advisory firm founded by former U.S. Deputy Treasury Secretary Roger Altman, said second-quarter profit more than doubled as investment-banking revenue climbed. The shares rose to an all-time high. Net income rose ...
Former Nalley Fine Foods property in Tacoma sold to local investment group
The 22-acre site of the former Nalley Fine Foods processing operation – later purchased by Pinnacle Foods – has been sold to a Tacoma investment group for $5.5 million, said Casey Trees, vice president of the brokerage firm Jones Lang LaSalle. “In the ...
PRESS RELEASE: Panattoni Development and LaSalle Investment Acquire ...
PRESS RELEASE: Panattoni Development and LaSalle Investment Acquire ...
UPDATE 2-Investment banking lifts Credit Suisse profit
Q2 net profit up by a third vs year ago. * Investment banking activity fell back in June due to Fed. * Charge for UK tax deal hits profits at private bank (Adds comments from conference call, background on tax deal, more detail on earnings). By ...
Investment banking lifts Credit Suisse profit
N), Credit Suisse benefited from strong trading in stocks and bonds, more than doubling pretax investment bank profit from a year ago. Compared with the previous quarter, typically the strongest period for capital markets, pretax profit was down 42 ...
Private Equity Investment In AV Homes Could Power Company Higher
In some respects this statement is true, without a few million dollars in capital, many private investment deals are closed off the large majority of investors. So how can the average person gain access to the brilliant minds which stand behind private ...
The Mastermind Investment Strategy: Fairfax Financial Holdings Limited
If Fairfax only earned 5% annually on its $1,173 per share investment portfolio, it would still earn about 16% on its $373 book value. Since a 5% annual return on the portfolio is a conservative estimate going into the future (with average annual ...
Global Investment is Important to the American Economy
The United States is one of the most desirable places to do business; our $16 trillion economy, with its productive workforce and diverse consumer base, could not do what it does without domestic as well as foreign investment. Yesterday, I participated ...
The folly of trying to level the investment playing field
The government is cracking down on insider trading; isn't that great news for you? Last Friday, the Securities and Exchange Commission charged hedge fund mogul Steve Cohen with failing to supervise two employees who themselves face insider trading ...
Obama calls for infrastructure investment as economic tour continues
President Barack Obama used the Port of Jacksonville as a backdrop for his latest economic policy speech, using an infrastructure project there to illustrate his call for greater investment in similar projects. In his third economy-driven speech in two ...
Cleveland the leading target for healthcare investment in Midwest
ViewRay_James_Dempsey_Print.jpg James Dempsey founded ViewRay in Florida and moved the company to Cleveland to tap the region's medical imaging expertise. ViewRay is one of several companies drawing serious investment to the region's ...
Real estate investment firms acquire four office buildings at The Gateway
A privately owned international real estate investment firm has acquired four office buildings at The Gateway near downtown Salt Lake City. Hines, which maintains its European headquarters in London and its U.S. headquarters in Houston, said it ...
Here's What This $4 Billion Investment Firm Has Been Buying
Its investment style is oriented toward growth stocks, as its managers seek earnings growth and multiple expansion. The firm's large-cap equity strategy has outperformed the S&P 500 handily since its inception, growing 10.2-fold, vs. 7.3-fold for the S ...
Amazon Still in Hyper-Investment Mode: Forte
The overriding story on profitability is that there -- they're still in hyper investment mode. The cycle is going to persist for quite some time. Many investors and amazon are patient and have confidence they will get a return on investment. I don't ...
CoE leader 'furious' over pension fund investment
LONDON (AFP) – Church of England leader Justin Welby was said to be "furious" after finding out its pension fund invested in a high-interest loans company he had earlier promised to destroy. Welby, who as Archbishop of Canterbury is spiritual leader of ...
Oregon PERS: Board set to lower assumed earnings rate to match investment ...
Oregon PERS: Board set to lower assumed earnings rate to match investment ...
UK archbishop to investigate Church of England investment fund links to payday ...
UK archbishop to investigate Church of England investment fund links to payday ...
Investment in bike racing pays off for Pietermaritzburg
This substantial return on investment has resulted in the province making a long term commitment to sustaining its support for hosting international cycling events and reinforcing Pietermaritzburg's positioning as Africa's "Bike City". "We are ...
Online degrees offer a better return on investment but little chance of ...
Online degrees offer a better return on investment but little chance of ...
Vital Signs Chart: Slowing Business Investment
Business investment is slowing. Shipments of core capital goods, a measure that excludes the volatile defense and aircraft sectors, fell in June from May and were nearly unchanged from a year earlier. Thursday's report was the latest evidence that ...
A Sound REIT Investment
NEW YORK (TheStreet) - Yesterday's earnings report from Realty Income (O) provided more evidence of why I consider the company to be a "blue-chip" real estate investment trust. In addition to reporting funds from operations for the second quarter that ...
Einhorn Turns on Microsoft Investment
Among other changes to the Greenlight portfolio, Einhorn said he closed short positions in sporting retailer Dick's Sporting Goods Inc., which he said would be helped by new rules on charging taxes for internet purchases, and boutique investment bank ...
Looking to Climate Change for Investment Opportunities
Looking to Climate Change for Investment Opportunities. By Sara Murphy | More Articles July 26, 2013 | Comments (0). It may sound a little tactless, but the negative effects of climate change can present opportunities for savvy investors who know where ...
Boulder's SolidFire receives $31 million investment
The latest investment was driven by technology SolidFire designed to speed up retrieving data from computer servers shared among users, a common practice in private and public cloud services. The technology puts SolidFire “in the right position as the ...
How Public Equity and Misdesigned CEO Compensation Schemes Are Killing ...
How Public Equity and Misdesigned CEO Compensation Schemes Are Killing ...
UPDATE 3-BG flags Egypt investment concerns
"Given the current situation in Egypt, the Group's investment programme is under continuous review," the company said in its statement. BG's second quarter net profit dropped to $986 million, beating expectations of $963 million and driven by higher ...
Myanmar opens doors to Big Oil, but investment pitfalls still lurk
It was only a few years ago that oil giants Chevron and Total were accused of propping up Myanmar's military junta by helping it export oil and gas, earning them the ire of human rights groups. Yet with decades of political isolation over – and most ...
A Guide to Your Weekend Investment Reading
In this segment of The Motley Fool's everything-financials show, Where the Money Is, banking analysts Matt Koppenheffer and David Hanson tell investors what they'll be reading this weekend. David plans to zero in on some recent data from Zillow to see ...
DAVID EINHORN: The Market's Rapid Advance May Be Creating An Unstable...
DAVID EINHORN: The Market's Rapid Advance May Be Creating An Unstable...
China's Newest Real Estate Investment Craze: Detroit's Housing Crisis
In reality, however, buyers seem to be only viewing the purchases purely as investment, and don't plan on moving to Motown anytime soon. Because of this reality, buying real estate from remote China has become relatively easy. “They say, 'We don't need ...
Kasich makes a wise investment in Cleveland's Opportunity Corridor: editorial
As a street and bicycle path with 13 intersections, it should spur investment to help replace some of what has been lost in the Slavic Village, Kinsman, Lower Buckeye and Fairfax neighborhoods. The Opportunity Corridor wasn't the only Greater Cleveland ...
Investment fund could grow Michigan's urban housing, downtown commercial ...
Investment fund could grow Michigan's urban housing, downtown commercial ...
MSU tech spin-out company wins 'angel' investment
“Closing on this investment is an integral part of the strategy set in motion last year to grow the company,” Dantus said. “Thanks to (angel fund managing director) Skip Simms, we were able to hire Kiyomi Monro, an industry leader with excellent track ...
Chicago investment firm acquires Burnsville medical building
The Minnesota Valley Surgery Center in Burnsville, one of 17 metro-area clinics operated by Twin Cities Orthopedics, recently changed hands. Harrison Street Real Estate Capital of Chicago paid $37.8 million for the building at 1000 W. 140th St. The ...
Fred Andrle: Helping citizens be productive smart investment for America
If we spend more money helping them now, that's a good investment, because these Americans will eventually re-enter the labor force and produce billions of additional dollars for our economy. The economic gains from their productive labor will more ...
Waiting on Egypt for Oil & Gas Investment
Whither Egypt and its nearly 4.4 billion barrels of proven oil reserves and 77 trillion cubic feet of natural gas? Well, it's never been a cakewalk, getting energy-starved Egypt's development projects off the ground and its hydrocarbons out of the ...
The Bottom Of The Interest Rate Cycle - An Investment To Make For Decades ...
The Bottom Of The Interest Rate Cycle - An Investment To Make For Decades ...
Acetylon gets $100m investment from drug giant
Acetylon Pharmaceuticals, a Boston developer of small-molecule drugs for multiple myeloma and other cancers, plans to announce Monday a $100 million investment by the biotech giant Celgene Corp. that could lead to a $1.1 billion acquisition. Acetylon ...
Anip Signs US $1.4 Billion Private Investment Contracts
Luanda — The National Agency of Private Investment (ANIP) Friday in Luanda signed with local and foreign companies 24 investments contracts amounting to over Akz 14.5 billion (Usd 1.4 billion), Angop learnt. The accords were signed by ANIP's CEO, ...
Should investment in diagnostic innovation be a national priority?
Recent news stories about a new tool to help physicians evaluate patients for possible cases of Alzheimer's Disease, and Medicare's qualms about authorizing coverage for it, raise important questions about the value of diagnostic innovations in an age ...
La.Tech leads state in return on investment rankings
This is the second time this summer that Louisiana Tech has led the state and been ranked nationally for a high return on investment to its graduates. In June, AdvisorOne released its list of the Top 25 universities in the nation who are providing ...
FS Investment Corporation Committed Over $600 Million Toward Proprietary ...
FS Investment Corporation Committed Over $600 Million Toward Proprietary ...
Environmental protection a worthy investment
I support President Obama's recently announced plan to combat climate change and advance clean energy. The plan calls for reducing carbon pollution from power plants--our largest source of pollution driving climate change--that also harms our health ...
RPT-INVESTMENT FOCUS-Europe in driving seat as economic momentum ...
RPT-INVESTMENT FOCUS-Europe in driving seat as economic momentum ...