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Investment News 10/2013 (Page 2)



Bogle, Buffett, Dad: Morningstar Readers' Top Investment Influences
Those were among the individuals cited by Morningstar.com Discuss forum participants when I asked them to name the person who had the biggest influence on their investment philosophies. 'I Owe That Advisor a Hearty Thank You' Although the discussion ...
Judge Doyle Square proposals require hefty but differing city investment
Remaking two prominent Downtown blocks into an alluring destination with a new hotel to serve Monona Terrace, offices, housing, restaurants, parking and more will require a huge public investment, perhaps $67 million or more. Two high-power ...
Fantasy football players can now buy insurance to protect their 'investment'
As lawmakers face off in Washington, tackling budget issues while playing offense or defense for President Obama's health care plan, some Americans are buying insurance to help protect their interests in fantasy sports leagues that offer everything ...
Fidus Investment Corp (FDUS): Fidus Investment: Higher Total Returns?
Fidus Investment (FDUS) is one of the newer business development companies ("BDCs") but its stock performance has been strong with a steady climb to higher than average multiples. This is most likely due to its higher than average 'total return' of ...
Mongolia at Investment 'Turning Point,' Cabinet Secretary Says
Mongolia aims to show its relationship with foreign investors has reached a “turning point” by progressing on development of two of the country's largest mines, Cabinet Secretary Saikhanbileg Chimed said. The nation needs to follow last week's passage ...
Real Estate Investment Trusts: Still a Smart Investment?
Investments that produce income are hot right now, and real estate investment trusts in particular have high yields and tax advantages. But are REITs still a smart investment right now? In the following video, Dan Caplinger, the Fool's director of ...
6 Key Investment Themes For The Next Decade
Thematic investing, or investing based on emerging themes, is fraught with some danger. Many people invest in the latest hot theme and get burned soon enough. Others mindlessly put their money into a company based on a theme without regard to ...
US Shutdown Creates Investment Opening
As they sift through the Washington mess, some money managers think it could be a blessing, at least for their investments. With the government shutdown heading toward a second week, economists say it could hold back economic growth, business ...
Protect Your Fantasy Football Investment
MIAMI (CBSMiami) — From protecting your car and home to your pet's health, you can buy insurance for anything. Now, a new kind of insurance is becoming popular with people who participate in fantasy sports leagues. Football is a rough game and players ...
Eight investment banks embrace Markit viral messaging revolution
Eight of the world's largest investment banks will Monday launch their most ambitious assault on Bloomberg's grip on daily communications in financial markets with the start of free viral messaging service. Markit, the U.K. data provider, will operate ...
Singapore, China giants mull Spain gas investment
Singapore state investment giant Temasek and Chinese oil group Sinopec aim to snap up a multi-billion-euro stake in Spain's Gas Natural, the Financial Times said Monday. The two groups had contacted Spanish oil firm Repsol separately to say they were ...
China's Investment Addiction
BEIJING – China's economy slowed unexpectedly in the second quarter of this year. Just as unexpectedly, most data released since July suggest that China's growth has stabilized. Markets, not surprisingly, have breathed a collective sigh of relief. But ...
Should You Shred This Paper Investment?
Did you ever have a teacher or parent who said, "If (enter name here) jumped off the Brooklyn Bridge, would you do it?" When it comes to International Paper (NYSE: IP ) , many investors are jumping off the Brooklyn Bridge -- figuratively speaking ...
Financial execs see default devastating investment
One week into the government shutdown, financial executives worry that the U.S. could see a substantial loss in investments if Congress and the Obama administration fail to raise the debt ceiling, according to a report released Monday by the ...
CrowdFunding Startup Investment - Democratization Writ Large Or Dangerous ...
CrowdFunding Startup Investment - Democratization Writ Large Or Dangerous ...
Vodafone plans $2 billion investment to raise stake in Indian unit: FT
Vodafone will file an application this month with India's foreign investment promotion board to seek clearance for the investment, the Financial Times reported, citing two people familiar with the situation. Vodafone could not immediately be reached ...
Independent analysts take a bite out of investment banks in Asia
HONG KONG – After 27 years working for investment banks and hedge funds, Hong Kong-based equity research analyst Paul Schulte decided it was time to fly solo. Carrying a resume littered with big names like Nomura Holdings Inc <8604.T> and CCB ...
Many US investment advisers fall short on record-keeping: study
SALT LAKE CITY, Utah (Reuters) - Many U.S. state-registered investment advisers are failing to follow basic industry record-keeping rules, according to a nationwide series of examinations by state regulators. One of the biggest problems: many advisers ...
A New Investment Bank, Kimberlite, to Focus on Advice
Thomas F. O'Neill, left, and Michael D. Coster, two Tina Fineberg for The New York Times Thomas F. O'Neill, left, and Michael D. Coster, two of the founding principals of the Kimberlite Group. Wall Street's big banks advertise themselves as full ...
WB Games Montreal investment to create 100 new jobs
WB Games Montreal will add 100 new jobs as it continues to grow beyond its original scope, receiving $1.5 million from the Quebec government. Announced in 2010, the studio was positioned to work on social and mobile projects, but is now on the verge of ...
New $30M Russian tech investment fund, Flint Capital, expects 45% annual return
Former executives of Finam Global, the venture arm of leading Russian financial group Finam, have launched a $30 million high-tech fund to invest in “fast-growing markets of considerable size.” Christened “Flint Capital,” the fund comes as the fourth ...
The investment newsletter game
For decades, people have paid handsomely to subscribe to investment newsletters in hopes of outperforming financial markets. The advice contained in these newsletters ranges from timing when to move your money in and out of stocks, to telling which ...
Sidestep the new Medicare tax on investment income
The new 3.8% Medicare tax on net investment income took effect on January 1. It only affects higher-income individuals, but that can include anyone who has a big one-time shot of investment income or gain this year (or any other year). For example, if ...
Delayed Aging Is Better Investment Than Cancer
Oct. 7, 2013 — On the heels of an announcement from Google that the company's next startup, Calico, will tackle the science of aging, a new study showed that research to delay aging and the infirmities of old age would have better population health ...
How to avoid new 3.8% tax on investment income
The new 3.8% Medicare tax on net investment income took effect on January 1. It only affects higher-income individuals, but that can include anyone who has a big one-time shot of investment income or gain this year (or any other year). For example, if ...
Dollar Shave Club Lands $12 Million Investment to Dramatically Expand Product ...
Dollar Shave Club Lands $12 Million Investment to Dramatically Expand Product ...
The New Dynamics of Dividend Investment Strategies
Dividends were the original consumer retail investment -- sedate and predictable. The selling points for dividend yields were security, cash flow, and, in some cases, better returns. They're now a labyrinth of turns and wrong turns, and a dividend ...
Why Real Estate Could Be the Next Hot Investment, Even Now
Following the lackluster August outlook for U.S. housing starts, it would be appropriate to ask why investors should consider putting their money into new home construction. U.S. housing starts rose less than expected amid a slowdown in the multifamily ...
Atalanta Sosnoff: Here's What This $4 Billion Investment Firm Has Been Buying
Every quarter, many money managers have to disclose what they've bought and sold, via "13F" filings. Their latest moves can shine a bright light on smart stock picks. Today, let's look at Atalanta Sosnoff, which was founded in 1981 and is based in New ...
Pimco Says RBA May Cut Rates Again
Australia's central bank will probably have to cut interest rates again as a record resources-investment boom fades, according to Pacific Investment Management Co., which runs the world's biggest bond fund. With mining now detracting from growth, the ...
Classic Cars: The Best 'Alternative Investment' of All
This week hundreds of thousands of car enthusiasts will descend on Hershey Park in Pennsylvania for the annual classic car show and auction. The value of classic cars has jumped 39% this year, according to the Historic Automobile Group Index (HAGI), ...
Bernalillo County officials get investment lesson
Commissioners received a crash course on investment strategy Tuesday and learned that Bernalillo County lost about $758,000 in recent months when Treasurer Manny Ortiz sold bonds at a loss to cover expenses. A 1 percent rise in interest rates this year ...
Islamic investment banks in Gulf eye slimmed-down future
Oct 9 (Reuters) - Management changes at some of the Gulf's best-known Islamic investment banks point to a fresh start for a sector which is emerging from the global financial crisis with less leverage and more realistic ambitions. While retail-focused ...
Vodacom May Curb Investment After South Africa Rate Cuts
Vodacom Group Ltd. (VOD), South Africa's largest wireless operator, said it may curb investment and staff numbers if it can't reach a compromise on lower mobile termination rates with the country's regulator. “There'll be less revenue for us to ...
Chicago's Investment in Cleaner, Greener Water
Which leads me to a heartening announcement out of Chicago's City Hall today. Mayor Emanuel announced a dedicated fund of $50 million to be spent over the next five years on green infrastructure—the use of natural or permeable surfaces to capture, ...
Progressive Profit Falls 16% on Investment Results
Progressive Corp. (PGR), the fourth-largest U.S. auto insurer, said profit dropped 16 percent as investment income declined for a 12th straight quarter. Third-quarter net income decreased to $232.4 million, or 39 cents a share, from $277 million, or 46 ...
OBR overestimated business investment in UK recovery forecasts
Flatlining investment by Britain's battered businesses was the main reason the independent Office for Budget Responsibility drastically overestimated the likely strength of the economic recovery, it conceded in its latest forecast review. The OBR, set ...
CoreOS Receives Investment From Andreessen Horowitz And Sequoia For New ...
CoreOS Receives Investment From Andreessen Horowitz And Sequoia For New ...
Investment Opportunities Across Africa
Oct. 9 (Bloomberg) -- Head of Founding Family of One Thousand and One Voices John Coors discusses his African investment ideas with Deirdre Bolton on Bloomberg Television's "Money Moves." (Source: Bloomberg). Please enable JavaScript to view the ...
UPDATE 2-FX Concepts to shutter investment management business
NEW YORK Oct 9 (Reuters) - FX Concepts, once the largest currency hedge fund in the world, said on Wednesday it is winding down its investment management operations given a flood of withdrawals and poor performance. Assets at the firm "have dropped ...
As Investment Rises, Games Are Still Raking In a Huge Slice of the Mobile ...
As Investment Rises, Games Are Still Raking In a Huge Slice of the Mobile ...
Meredith Whitney Appears to Be Trading Brokerage Firm for Investment Fund
Meredith Whitney rose to fame with her prediction in 2007 that Citigroup would be forced to Danny Moloshok/Reuters Meredith Whitney rose to fame with her prediction in 2007 that Citigroup would be forced to cut its dividend. Meredith A. Whitney appears ...
Citi Hires Attolico, Di Stefano for Italy Investment Bank
Citigroup Inc. (C) hired Pierpaolo di Stefano and Leopoldo Attolico to run investment banking in Italy as the euro-region's third-largest economy emerges from recession. Attolico, 50, joins from Deutsche Bank AG (DBK), where he was vice chairman of ...
NYC Investment Chief Schloss Headed to Angelo, Gordon
Larry Schloss, chief investment officer of New York City's $145 billion retirement system, is leaving to become president of investment adviser Angelo, Gordon & Co, Comptroller John Liu said. Schloss, 59, a former global head of private equity at ...
US fiscal crisis tests global faith in US as investment
Randall Warren, chief investment officer of Warren Financial Service in Exton, Pa., says that if Americans are made aware of their large debt, they may be more willing to accept an increase in taxes or a cut in spending. In that case, he said, “the ...
CORRECTED-Islamic investment banks in Gulf eye slimmed-down future
Oct 9 (Reuters) - Management changes at some of the Gulf's best-known Islamic investment banks point to a fresh start for a sector which is emerging from the global financial crisis with less leverage and more realistic ambitions. While retail-focused ...
Google makes its 13th clean energy investment in 3 years
On Thursday Google announced its 13th investment in a clean energy project over a three year period — the clean energy from all of these projects, like solar and wind farms, is enough to power 500,000 (U.S.) homes and Google has put in over $1 billion ...
New focus serves Charlotte investment bank well
When John Fennebresque Jr. started his namesake investment bank in 2007, he found it easy to snap up top employees leaving Charlotte's big banks. But six years later, he acknowledges Fennebresque & Co. grew too fast and needed to slim down and ...
Alibaba Leads $206 Million Investment in ShopRunner
Alibaba Group Holding Ltd. has led a $206 million investment in a rival to Amazon.com Inc., one of its biggest U.S. moves as the Chinese e-commerce giant considers an initial public offering here. Alibaba invested in ShopRunner Inc., which offers ...
Terry McAuliffe investment looks bad, but will voters care?
The Terry McAuliffe-Associated Press episode burned fast and hot on Wednesday night, but Viriginia observers say it's unlikely to have much of an effect on the final weeks of the race. AP published and then retracted a story that said court documents ...