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Investment News 08/2013



GASPARINO: Ackman's Lawyers Are Asking The SEC To Look At Soros's...
GASPARINO: Ackman's Lawyers Are Asking The SEC To Look At Soros's...
SocGen Profit More Than Doubles as Investment Bank Income Surges
Societe Generale SA, France's second-largest bank, said second-quarter profit more than doubled, beating analysts' expectations, helped by a surge in corporate and investment-banking revenue. Net income in the three months through June rose to 955 ...
Clearlake Capital Makes First Australian Investment
U.S. private equity firm Clearlake Capital Group LP has made its first investment down under, snapping up component supplier Futuris Automotive for 69 million Australian dollars (US$62 million), including debt, from Australia-listed Elders Ltd. Futuris ...
China Makes First Investment in South African Wine Industry
A Chinese company bought a wine cellar and vineyards in South Africa, the first such investment by an operator from the Asian nation. Perfect China bought the cellar of the Val de Vie estate, located between the towns of Paarl and Franschhoek, near ...
Investment Banking Spurs Profit Surge at Societe Generale
The French bank Société Générale reported better-than-expected second-quarter earnings on Thursday, buoyed by a strong performance in its investment and corporate banking division. The bank, France's second-largest behind BNP Paribas, said net ...
Bipartisan Legislation Aims to Reform Tax Code for Foreign Property Investment
U.S. Representatives Kevin Brady (R-TX) and Joseph Crowley (D-NY) have announced bipartisan legislation aimed at removing restrictions in the U.S. tax code that discourage foreign investment in commercial real estate. The legislation, if passed, will ...
Why George Soros' Investment In Herbalife Is Terrible News For Bill Ackman
The Soros investment means that in continuing his massive bet against Herbalife's stock, Ackman's Pershing Square hedge fund is on the opposite side of arguably the two greatest traders in the history of Wall Street. George Soros has an estimated net ...
India relaxes investment rules for foreign supermarkets
NEW DELHI (AFP) – India on Thursday relaxed foreign investment rules in the lucrative retail sector, the commerce minister said, in a renewed reforms push aimed at wooing global supermarket chains. Premier Manmohan Singh's government allowed foreign ...
Economic growth: more must be done to encourage investment
While this extra money has created more of a feelgood factor, more needs to be done to encourage business investment, which has barely risen since the crash. Across the City, analysts have placed bets that Carney and the monetary policy committee will ...
Investment-Grade Firms Storm Back Into Debt Markets
Investment-grade firms issued $79.5 billion of debt last month, compared with $73.8 billion in July 2012, according to data provider Dealogic, whose figures go back to 1995. The surge in sales comes after an anemic June, when only $45.2 billion was ...
AstraZeneca Ups China Investment as Rivals Face Scrutiny
AstraZeneca Plc (AZN) is increasing its investment in China, where sales rose 21 percent in the second quarter, as the country continues its crackdown on malfeasance in the health-care industry. The U.K.'s second-biggest drugmaker has added more sales ...
Singapore State Fund Tackles Markets With New Strategy
GIC Pte, manager of more than $100 billion of Singapore's reserves, is changing its investment strategy for the second time in three decades to be more flexible as the global outlook becomes “complicated.” GIC will split its portfolio into one that's ...
China doubles Malaysia central bank's investment quota in July
Aug 1 (Reuters) - China's foreign exchange regulator more than doubled Malaysia's central bank investment quota, one of eight overseas institutional investors sharing the net $1.49 billion awarded in July for them to buy onshore-listed Chinese stocks ...
This investment trend you want to follow
(MoneyWatch) There's good news and there's bad news about mutual fund investors. First the bad: Despite the warnings that past performance isn't prologue, investors continue to be performance chasers. Some headlines never change, and like all things in ...
India Eases Investment Rules to Woo Wal-Mart to Tesco
India eased requirements for foreign retailers to invest in local supermarkets to lure global chains such as Wal-Mart Stores Inc. (WMT) and Tesco Plc (TSCO) to open stores in Asia's third-biggest economy. Rules covering sourcing, infrastructure ...
Nothing 'modest' or 'moderate' about market rally
Marty Leclerc, chief investment officer with Barrack Yard Advisors, an investment firm in Bryn Mawr, Pa., also thinks the market can keep ralliyng. But he's a little wary. "Confidence has definitely returned to the markets. It's almost impossible to ...
What HootSuite's $165 Million Investment Round Tells Us About The Size...
What HootSuite's $165 Million Investment Round Tells Us About The Size...
Barclays Investment-Banking Executive to Leave
The chief operating officer of Barclays PLC's investment banking division plans to leave the bank, according to an internal memo. Jerry Donini, who became COO of the division in 2012, will be replaced by Justin Bull on Sept. 1, and will leave Barclays ...
UPDATE 2-Investment banks in UK face capital shortfall: central bank
PRA sees 27-29 billion pound shortfall for investment banks. * PRA gives breathing space on leverage ratio to many firms. * No escape on maintaining cash buffers. * PRA yet to consider any changes to bonus rules. By Huw Jones. LONDON, Aug 2 (Reuters) ...
Lotus hiring 100 after securing £100m investment
Lotus is getting a shot in the arm courtesy of corporate parent DRB-Hicom, which has announced a 100-million pound ($152.3M USD at today's rates) investment in the Hethel, UK-based manufacturer. The troubled brand was also in the news last week, with ...
What to Do When a Friend Pitches an Investment Idea
The one investment in a friend's idea that still haunts Mr. Liss was far easier to grasp than an Imax movie. It was an investment in a store that sold bedroom furniture for teenagers, and the friend had some experience in retail. Mr. Liss believed in ...
Saudi king launches mega investment projects worth $81 billion
The mass investment project is part of the kingdom's strategy to encourage private investments needed to solve unemployment problems. The Kingdom's unemployment rate is estimated at about 12 percent, according to a recent government poll conducted ...
1 Emerging Investment Opportunity
1 Emerging Investment Opportunity. By Sara Murphy | More Articles August 3, 2013 | Comments (0). As the U.S. seeks to deal with rising carbon emissions and their contribution to climate change, one specific technological development may be about to ...
Investment Trends Next recession may still be years away, Clare Zempel says
"No material slowdown has been ordained, and the next recession will not occur for quite some time, so business plans and investment portfolios should be predicated on sustained economic expansion," Zempel said. That expansion will likely remain slow ...
Checking your broker or investment advisor's record
The Fed's arrest of two Long Island men for running a $96 million Ponzi scheme through an investment fund yesterday will be the beginning of a drawn out campaign for investors who want their money back. One of the men charged, Brian Callahan had ...
Environmentalist Calls for Greater Investment in Sector
Luanda — The environmentalist Vladimir Russo Saturday in Luanda called for the need to increase the investment in the tasks focussed on research, conservation and protection of biodiversity in Angola. Russo made the appeal while speaking to Angop, ...
Before Dixon, movie studio investment in Lathrop failed to deliver
The Bee found that Carpenter made at least two concerted efforts to raise investment funds on the land she did not own – the first between about 2004 and 2006, then again around 2010. The first time around, she headed a company operating as ...
Man indicted in Hawaii-based investment scheme
A Honolulu federal grand jury has indicted a man accused of another Hawaii-based investment scheme. The indictment alleges Curtis Wayne Ross defrauded more than $167,000 from four people in Hawaii. Ross is ordered to appear in Honolulu to answer ...
UH's Chow loses money in bad Utah investment
Citing court documents, the Deseret News said the two Smiths ran Newport Financial Services and allegedly guaranteed investors an 18 percent return on their investment by purchasing contracts of furniture store customers who could not qualify for ...
Red flags on real estate investment courses
Weintraub, who has worked in real estate since 1974, also is cautious about clubs teaching investment techniques. “You have to ask yourself, 'Why do they need a club?' ” she said. “If they want to buy real estate, they could just form a company and buy ...
Government investment a boon to the region in light of Chrysler sales boom ...
Government investment a boon to the region in light of Chrysler sales boom ...
Retirement Planner: Bond basics and investment risks
In the old Groucho Marx TV show, a duck would come down and say the magic word. Today, that magic word might be "after tax." Retirees and other investors are challenged to generate as much income as possible in what during working days would have ...
Making education a better investment
If education spending is an investment, then it can be evaluated with standard criteria such as rate of return and opportunity cost. When investing in new machinery or technology to boost productivity, business competitors don't try to outbid each ...
Arsenal Transfer Rumours: Ashley Williams Would Be a Worthwhile Investment
Although the 28-year-old Welsh star isn't nearly as big a name as Luis Suarez, he would be a worthwhile investment for the Emirates club, and more importantly, landing him would allow Wenger to boost the squad's depth while at the same time relieving ...
Washington apartment investment sales heady
The Washington apartment investment market continues to draw capital, driven by a strong market and a long-term outlook of continued growth in rents. The apartment market is holding up well in light of the large slate of new buildings arriving in the ...
TAMBURI INVESTMENT PARTNERS S.P.A. : Disclosure regarding the plan for ...
TAMBURI INVESTMENT PARTNERS S.P.A. : Disclosure regarding the plan for ...
Why Federal Realty Investment Trust is a Top 25 SAFE Dividend Stock (FRT)
Federal Realty Investment Trust (NYSE: FRT) has been named to the Dividend Channel ”S.A.F.E. 25” list, signifying a stock with above-average ”DividendRank” statistics including a strong 3.0% yield, as well as a superb track record of at least two ...
The True Role Of An Investment Adviser
We all know the things that are good for us. The knowing part is easy; it's the doing part that's hard. The same truth goes for investing. People procrastinate even when they know what's good for them. It's why investment advisers exist. We do the ...
Hub International to be acquired by investment funds
Chicago-based insurance brokerage Hub International Limited has entered into an agreement to be acquired by funds advised by Hellman & Friedman LLC, the company announced Monday. The transaction values Hub at approximately $4.4 billion. Funds ...
Meeder Investment Management Names Wade Steen as President of Public ...
Meeder Investment Management Names Wade Steen as President of Public ...
Zimbabwe stock market tumbles after disputed poll , worries over investment ...
Zimbabwe stock market tumbles after disputed poll , worries over investment ...
Warren Buffett Has A Whopping 9000% Gain On His Washington Post...
Warren Buffett Has A Whopping 9000% Gain On His Washington Post...
Dallas philanthropist sued over investment deal
High-profile Dallas philanthropist and investor Ted Skokos has been sued by an old friend and business associate over an investment dispute. New York attorney Arthur N. Abbey claimed in a federal lawsuit that Skokos tricked him into an investment that ...
Larry Schweikart and Burton Folsom: Obama's False History of Public Investment
There is a lesson here for President Obama: Government "investment" in infrastructure is often wasteful and tends to support decaying or stagnant technologies. Let the entrepreneurs decide what infrastructure the country needs, and most of the time ...
Investment-management firm lures former county treasurer Steen back to central ...
Investment-management firm lures former county treasurer Steen back to central ...
German Industry Orders up on Investment Purchases
German industrial orders rose 3.8 percent in June as companies bought more big-ticket goods, including those ordered at the Paris Air Show. Sales of big capital investment goods — to be used to expand business operations — rose even more strongly, ...
UPDATE 3-Slimmed down investment bank helps Credit Agricole top forecasts
PARIS, Aug 6 (Reuters) - Credit Agricole reported a more than twelvefold increase in quarterly profit, becoming the latest French lender to beat forecasts as its slimmed down investment bank showed unexpected resilience. However, France's third-biggest ...
GM to add $167M to investment at Tennessee factory; will build 2 new midsize ...
GM to add $167M to investment at Tennessee factory; will build 2 new midsize ...
Md. Gov. O'Malley and Lt. Gov. Brown announce transportation investment ...
Md. Gov. O'Malley and Lt. Gov. Brown announce transportation investment ...
Zimbabwe stock market tumbles after disputed poll, worries over investment ...
Zimbabwe stock market tumbles after disputed poll, worries over investment ...