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Investment News 12/2013 (Page 4)



Oriental Union Chemical Corp : OUCC's application to Investment Commission ...
Oriental Union Chemical Corp : OUCC's application to Investment Commission ...
Expectations on rise for investment rotation
NEW YORK — After years of sticking with plain-vanilla bond funds, investors are starting to turn their backs on them and opt for stocks. The move isn't big enough to be the “great rotation” from bonds to stocks that many experts predicted — it's more ...
FG Secures N15.36 Trillion Investment Commitment in Two Years
As part of the efforts to realise the present administration's Transformation Agenda on investment, the federal government at the weekend, said it had within the last two years secured an investment commitment of $96 billion (N15.36 trillion) from both ...
Winning investment themes for the New Year
MORE: Will 2014 be another slam dunk for stocks? Picking individual stocks is never easy. But your odds of making money rise if you select stocks that will benefit from big-picture investment themes. Here are five big ideas for 2014, according to the ...
Busson to Sell His EIM Hedge-Fund Investment Firm to Gottex
Arpad Busson will become chairman of Gottex Fund Management Holdings Ltd. (GFMN) after selling his EIM SA hedge-fund investment firm to the Swiss asset manager in an all-stock transaction. Gottex will pay about 31.5 million Swiss francs ($36 million ...
Film London Recruits Executive to Attract Investment
As senior inward investment manager for Film London, Shepheard will be tasked with managing all activity related to filming in London -- from showcasing the city globally, to ensuring London remains film-friendly and ready to accommodate domestic and ...
The hottest investment in 2014 will be the virtual currency Bitcoin.
The number of financial commentators and investment managers commenting on Bitcoin has grown substantially over the last few months. That mere fact is giving credibility to the virtual currency. For the concept to take hold and sustain the market needs ...
GM Unveils $1.3B Investment in US Manufacturing
General Motors (GM) announced on Monday that it plans to invest nearly $1.3 billion in five U.S. plants, making a push to expand its domestic operations. The nation's largest automaker said the investment will create or retain 1,000 jobs. The Michigan ...
Crowdtilt hauls in $23 million investment
The Startup, based here, today announced a $23 million second round of funding led by Andreessen Horowitz that includes SV Angel, Sean Parker and Silicon Valley Bank. Crowdtilt plans to use the investment to hire employees and stake out its ...
Philanthropic foundation names investment committee
In addition to five of BrightStar's founding donors, members include Pam Evason, managing director, Windermere Wealth Advisors; Lisa Johnson, vice president, Wisconsin Economic Development Corp.; Daniel Matola, chief investment officer, Jacobus ...
Waterford man charged in Vegas-Switzerland investment scheme
A Waterford man is facing charges of conspiracy, wire fraud and securities fraud for a role authorities say he played in an investment scheme that stretched from Switzerland to Las Vegas, according to a federal indictment and a lawsuit by federal ...
JPMorgan to sell small investment business in Asia
JPMorgan Chase & Co, which is pushing to simplify operations on its $2.46 trillion balance sheet, has put up for sale its Global Special Opportunities Group, an Asia-based unit that makes investments in mid-sized companies, according to a person ...
Why Playing The Lottery Is A Good Investment
I think playing the lottery is one of the best $1 investments you can make and I encourage you to buy a ticket for today's $586 million Mega Millions jackpot. Why am I, a respected financial advisor, suggesting it is a good investment to play the ...
Some Good and Bad Lessons from 2013
Seth J. Masters, the chief investment officer with Bernstein Global Wealth Management, a unit of AllianceBernstein, writes that "you have to be in it to win it." That is in fact his first point in his article devoted to the investment lessons of 2013 ...
Diamond Raises $325 Million for African Investment Venture
A former bond trader at Morgan Stanley, he worked at Credit Suisse and BZW, which became the foundation of what became Barclays' investment business, Barclays Capital. Mr. Diamond built that business into a global giant and became chief executive of ...
Tesco readies India's first foreign supermarket investment
The world's third-largest retailer, which already had a franchise agreement to provide support to Trent's Star Bazaar chain, has made an application to India's Foreign Investment Promotion Board and plans to invest $110 million, an official at the ...
Jefferies profit jumps as investment banking revenue grows
Dec 17 (Reuters) - Investment bank Jefferies Group LLC, now part of Leucadia National Corp, reported a 68 percent jump in quarterly profit as investment banking revenue almost doubled. Net income attributable to Jefferies rose to $120 million from $71 ...
BASF Steps Up Investment in US
The heart of BASF's global business, which achieved sales of €72.1 billion ($99.2 billion) in 2012, is its home plant here in this city on the Rhine River that grew up around BASF after the company was founded in 1865. The town-size complex is a ...
CIC May Move North American Headquarters to New York from Toronto
A move to New York would mark a change in strategy by China Investment Corp., which has $580 billion in assets under management. Although CIC has bought U.S. assets, it has stayed out of the U.S. partly to avoid criticism sometimes directed at China's ...
Preview our 10 investment ideas for 2014
After a stellar year for stocks in the U.S. and other developed global markets, what can investors expect in 2014? More of the unexpected, certainly. But you don't have to be surprised if you follow the experts' lead. The current economic and market ...
China Investment's Chee to Step Down From Toronto Office
The head of China Investment Corp.'s Toronto office is stepping down as the Chinese sovereign wealth fund broadens its North American investments after suffering losses in Canada, said two people with knowledge of the matter. Felix Chee, who was ...
Sac City Council approves investment in arts campus
The City Council made a $5 million investment in Sacramento's cultural institutions on Tuesday night by approving a plan to convert a closed adult school into an office and rehearsal campus for the city's premier performing arts groups. By a 6-0 vote ...
Analysis: Investment risks of fast-tracking biotech drugs become apparent
"There was a bubble in the biotech IPO market ... there was no discrimination between good and bad ones," said Sven Borho, a founding partner of OrbiMed, the world's largest healthcare-dedicated investment firm. "One thing is clear: healthcare ...
Tech group backs measures to spur high-tech investment
The other main bill backed by the Tech Council would have created a new dollar-for-dollar credit on premium taxes paid by insurers who contribute to a proposed “High Technology Business Investment Fund” to be overseen by the Arizona Commerce ...
10 money-making investment ideas for 2014
“2014 is going to feel a lot like 2004 and 1994 when the [U.S.] economy surprised to the high side,” says David Rosenberg, chief economist and strategist at investment manager Gluskin Sheff + Associates. But you can avoid being surprised. The current ...
Investment to help Soluble Therapeutics expansion and collaborations
File art. Birmingham-based Soluble Therapeutics has secured another round of investment that will allow the company to hire more employees and move forward in its plans to find license partners. Yann Ranaivo: Reporter- Birmingham Business Journal ...
Ford Shares Drop on Plans for 2014 Investment in 2015 Growth
DETROIT(TheStreet) -- Ford (F) shares were falling Wednesday after the automaker said 2014 pretax profit will decline from their levels this year, one of the best in the company's recent history, as Ford positions itself for future growth by ...
Goldman Sachs Sees Risks for Russia in Ukraine Bond Investment
Russia's investment “can go spectacularly wrong if Ukraine fails to refinance it by 2015,” Maxim Tishin, who helps manage $1 billion as a portfolio manager at UFG Asset Management in Moscow, said in e-mailed comments. “If it places at par, that would ...
Corporate retail notes: a good investment for individuals?
The school also has been ranked by Bloomberg Businessweek, the Financial Times, Forbes and U.S. News and World Report for the quality of its programs and the return on investment it provides its graduates. For more information about the UB School of ...
Houston pipeline company makes half-billion dollar investment in Perth Amboy
PERTH AMBOY — A Houston-based oil pipeline company is making a half-billion-dollar investment in Middlesex County, which officials say will be a boon to the local economy and job market. Buckeye Partners is in the middle of a $250 million upgrade of ...
JPMorgan: 5 Investment Tips for 2014
Entering 2014, the global investment environment is as challenging as ever. After a super 2013 in returns, U.S. equities can no longer be considered inexpensive and yet still look attractive relative to the prospective returns on savings accounts and ...
Investment Ideas in 2014: Bet on Companies With Happy Employees
Glassdoor is a website that allows folks to publicly rate their employers -- and it just might represent a gold mine when it comes to investment ideas for 2014. Every year, the company comes out with a list of the Top 50 Place to Work. Had you invested ...
IT investment to grow 6% in Brazil in 2014
The annual study, carried out by Instituto Sem Fronteiras (ISF) on IT investment trends says that due to low GDP growth and more conservative budgeting, this is the second year in a row that growth rates stay at 6 percent - historically, IT investment ...
Italy's Post Office Approves Investment in Alitalia
ROME—Italy's post office has approved a €75 million ($103 million) outlay to take a stake in Alitalia SpA, completing the troubled airline's capital-raising effort just as it embarks on talks with Etihad Airways for another cash injection. The board ...
Time to Pop the Corks Again at Investment Banks
As the year draws to a close the results detailing the performances of the world's investment banks are out, and one phrase appears more often than any other: “the highest since 2007.” Dealogic Thursday published its preliminary numbers for 2013 ...
How Crowdfunding Can Boost Your Investment Diversity
In a nutshell, investment diversification simply means allocating your financial resources across multiple instruments and areas in order to reduce risk. Because these different instruments and areas react differently to events that affect the economy ...
Some Alternative Investment Strategies for 2014
19 (Bloomberg) -- Citi Private Bank Global Head of Managed Investments David Bailin discusses his investment ideas with Mark Crumpton on Bloomberg Television's "Money Moves." (Source: Bloomberg). Please enable JavaScript to view the comments ...
Ponzi-style investment scam gets St. Charles County man 3 years in prison
ST. LOUIS • An O'Fallon, Mo., man who ran a $1.6 million Ponzi-style investment scheme out of offices in St. Charles County was sentenced Thursday to three years in federal prison. Kevin Brown, 40, owned Invision Investments and promised investors that ...
Nonprofit, investment banking firm team up to offer new funding network
The Institute has relationships with investors and an infrastructure and process to build Florida's next great entrepreneurs and companies, and this partnership will enable us to help them bridge early funding gaps and attract later stage investment ...
Harvard's Foreign Direct Investment Moot Court Team wins first place in ...
Harvard's Foreign Direct Investment Moot Court Team wins first place in ...
Asia Investment Banking Fees Fall to Lowest Since 2008
The flow of new share sales and large M&A deals—a key source of revenue for investment banks—fluctuated through the year, buffeted by worries that an expected move by the U.S. Federal Reserve to curb its $85 billion-a-month bond-buying program would ...
Columbia-based developer lands $1.5 billion investment
Edens, a Columbia-based firm that develops East Coast shopping centers, landed a $1.5 billion investment Thursday that will help it grow to $7 billion in assets, the commercial real estate company said. The equity deal was hailed as one of the largest ...
Ex-T pension chief recommended $25m investment that went bust
White, in his new job as chief investment officer of Fletcher Asset Management, told the authority's pension board members in 2007 that he had devised an investment fund just for them, and that it was relatively low risk. They gave their prominent ...
Padilla quits amid investment controversy
ALBUQUERQUE (KRQE) - Following a couple months of scrutiny, Patrick Padilla announced Friday will be his last day as Bernalillo County's investment officer. On Thursday, he went out with a bang. At a meeting with the county treasurer's advisers ...
Joe Hockey appoints former Liberal MP to foreign investment advisory job
The treasurer, Joe Hockey, said on Friday he had appointed the former South Australian MP Patrick Secker to the Foreign Investment Review Board, the body that advises him on foreign investment proposals. The news came three days after the finance ...
Listings revival helps lift investment banking fees in 2013
LONDON, Dec 20 (Reuters) - Fees earned for investment banking services rose 5 percent in 2013 as companies, spurred on by a stock market revival, hired banks to advise on share offerings in a bumper year for equity fundraising. Investment banking fees ...
MOVES-JP Morgan Asset Management, Coutts, Alquity Investment
JPMorgan Chase & Co's wealth and asset management division appointed Andrew Larkin as head of the newly formed global strategic relationships management team in UK funds sales. Larkin, who joins from Neptune Investment Management, will report to ...
Warby Parker Is Seeing Green After New $60 Million Investment
Warby Parker, the eyewear startup that has built a cult following in a short time, has raised a new $60 million investment led by its biggest investor, Tiger Global Management, as was first reported by Fortune. Existing investors General Catalyst ...
Rand ups investment in Ithaca company
Rand first invested in Ithaca-based Rheonix in 2009 and now has invested a total of $2.1 million in the company — its largest individual investment. It co-led the latest financing round with Cayuga Venture Fund, based in Ithaca. The Rhoenix ...
How Federal Investment in Highways, Science and Schools Has Changed in 50 ...
How Federal Investment in Highways, Science and Schools Has Changed in 50 ...