Home > Investment News

Investment News 03/2013 (Page 6)



UPDATE 3-Petrobras vows to keep investment-grade rating, no stock sale
Petrobras announced $236.7 bln 5-yr investment plan Friday. * Plans to double Brazil's natural gas supply by 2020. * Texas refinery pulled from shrinking asset-sale plan. RIO DE JANEIRO, March 19 (Reuters) - Brazil's state-run oil company Petroleo ...
Barry Zito sues friend over investment
San Francisco Giants pitcher Barry Zito has filed lawsuits claiming that a friend tricked him into investing $3 million in a fitness-software venture that went nowhere. Through his company Barry Zito Enterprises, Zito, who is the final season of a ...
Beacon Investment uses $14.5M loan to buy Uptown office building
Florida-based real estate investment firm Beacon Investment Properties LLC purchased a nine-story, 120,599 square-foot office building at 2626 Cole Ave. near Uptown Dallas with the assistance of a recent $14.5 million loan. The loan was secured through ...
Petrobras $237 Billion Investment Pressured by Sales Lag: Energy
Petroleo Brasileiro SA (PBR), the biggest oil producer in deep waters, is raising less than forecast through asset sales as it seeks cash for a $237 billion investment plan aimed at refocusing on exploration at home. The disappointing results reflect a ...
Gazit-Globe profit dips as investment property value slides
TEL AVIV, March 20 (Reuters) - Gazit-Globe, Israel's largest real estate investment company, reported a decline in quarterly net profit that was weighed down by a drop in the fair value of investment properties, offsetting higher rental income. Gazit ...
Vietnam's Nam Long Investment to Sell Shares After Market Rally
Nam Long Investment Corp., a real- estate company, plans to sell shares on the Ho Chi Minh City Stock Exchange next month after a rally for the stock market made it Asia's second-best performer this year. The Ho Chi Minh City-based company will offer ...
BlackBerry founder launches $100m quantum physics investment fund
The co-founders of BlackBerry maker RIM, which changed its name to BlackBerry earlier this year, have launched a $100m private investment fund to help commercialise "quantum information science" breakthroughs. Mike Lazaridis and Doug Feigin ...
The real investment lesson of the Iraq war
CHAPEL HILL, N.C. (MarketWatch) — The Iraq war, the 10th anniversary of which we are now commemorating, was greeted on Wall Street by the beginning of a powerful rally. Coincidence? That's the question I address in this column — leaving to others the ...
Innovate North State launches angels network, co-investment fund
The general partners of the co-investment fund will be Bob Bozeman, a former partner with Ron Conway and Casey McGlynn in operating two successful seed funds through Angel Investors LP, and Jon Gregory, managing director of Innovate North State and ...
Wealthfront Gets $20M More for Online Investment Management
Wealthfront has raised a big $20 million Series B round led by Index Ventures with the Social+Capital Partnership and Greylock Partners. Wealthfront The company helps manage investments — currently $170 million worth, with an average account of ...
Caterpillar slump raises risks to the rally
Caterpillar reported a sharp drop in sales to its worldwide network of dealers Wednesday, sparking a sell-off in its stock and raising worries of a global slowdown for the construction industry. Shares of Caterpillar (CAT), which makes heavy ...
Former NFL player suing Mavericks great Rolando Blackman over investment in ...
Former NFL player suing Mavericks great Rolando Blackman over investment in ...
Woodcliff Lake man who headed investment firm gets 54 months for $1 million ...
Woodcliff Lake man who headed investment firm gets 54 months for $1 million ...
Tucson-based SynCardia lands $19M investment
Tucson-based artificial heart maker SynCardia Systems Inc. has raised $19 million in new, long-term growth capital from investors including a major health-care investment fund. The investment round includes a $15 million, structured financing ...
New Taxes and New Terms: How to calculate Net Investment Income under the ...
New Taxes and New Terms: How to calculate Net Investment Income under the ...
In A Few Weeks, Bill Ackman And David Einhorn Will Judge Your Best ...
In A Few Weeks, Bill Ackman And David Einhorn Will Judge Your Best ...
Bosch plans more US investment
160 new jobs, $80 million investment in Fountain I...: The ribbon cutting ceremony for the $80 million campus expansion of Bosch Rexroth in Fountain Inn was held on Wednesday, March 20, 2013. MYKAL McELDOWNEY/Staff, The Greenville News ...
STEM training is a solid investment for state and residents
It's no secret: Washington state faces a shortage of people trained in science, technology, engineering and math (STEM). Shortages exist for technicians and skilled workers in advanced manufactur-ing, health care, computer technology, engineering and ...
Cyprus seeks Russia investment, loan extension : Finance Minister
Cyprus seeks Russia investment, loan extension : Finance Minister. Published March 21, 2013. Reuters. MOSCOW – Cyprus is in talks with Russia on investments in its banks and energy resources to reduce its debt burden, as well as seeking an extension to ...
RICHARD MONSON: ND needs bold investment in outdoor heritage
RICHARD MONSON: N.D. needs bold investment in outdoor heritage. North Dakotans have been eagerly waiting to see how the Legislature will address the tremendous conservation needs facing our state. North Dakota needs to protect its clean water, lands ...
Investment services provider partners with investment advisory firm
Parsippany-based Hennion & Walsh, which provides investment services, has entered a strategic distribution relationship with Four Wood Capital Partners LLC, an independent investment management and advisory services firm in New York. Under the terms ...
Zambia calls for sustainable investment in Africa
These have only worked against the much needed foreign and direct investment for the country. It was for this reason that Zambia's Vice President Dr Guy Scott Dr Scott observed that the strength of an economy combined with various other economic such ...
Experienced Investment Advisor Mark W. Teed Joins Raymond James
Mark W. Teed, principal of Teed Capital Management of Raymond James, has joined Raymond James as Senior Vice President, Investments. Teed is an investment advisor with over $225 million in client assets under management and a registered broker in ...
SSE Halts Plants, Delays Investment as CO2 Costs Hurt Profit
SSE Plc (SSE) will halt some coal-fired power stations, cut jobs and delay investment in gas-fueled plants as soaring costs for carbon emissions weigh on profit. The U.K.'s second-biggest energy supplier will curb thermal generation capacity by about 2 ...
Western's Leech to Succeed Walsh as Chief Investment Officer
Western Asset Management Co., the $462 billion bond unit of Legg Mason (LM) Inc., said S. Kenneth Leech will become chief investment officer next year to succeed Stephen Walsh, who will retire. Walsh and Leech, who have both been with the firm for more ...
Dominican Govt Plans Electricity Investment, Diario Libre Says
The Dominican Republic government will launch a $3.6 billion public-private investment next week in an effort to generate an additional 1,500 Megawatts of electricity, Diario Libre says. The investment will be used to convert existing fuel generators ...
The urban investment
The merger is being accomplished via a wave of infrastructure investment, including utility and telecommunications projects but consisting largely of massive spending on transport. China is undertaking similar strategies all around the country, and ...
Bombardier Targets Investment Grade in Post-CSeries Cuts
“It's really the leverage that makes the difference in terms of the investment grade” rating, Chief Financial Officer Pierre Alary told investors at a presentation in New York. Bombardier seeks to cut its debt to 2.5 times earnings before interest ...
Investors dip back into U.S. stocks
Investors added $849 million to U.S. stock mutual funds during the week ended March 13, according to the latest data from the Investment Company Institute. That marks the first inflow after two weeks of modest outflows. The return to stocks came in the ...
Does Samsung's Investment in Sharp Threaten Apple? Disruption from Sharp's ...
Does Samsung's Investment in Sharp Threaten Apple? Disruption from Sharp's ...
Under Pressure, Burkle Is Said to Forgo Investment Firm's Fees
“It's tough to justify the fees” on a money-losing fund, said Howard H. Pohl, an investment consultant to pension funds and endowments at Becker, Burke Associates in Chicago, adding that managers might cut expenses “to keep everybody happy.” Mr. Burkle ...
Opower Voted Best Potential Investment at Conference
Attendees at a Wall Street Journal conference on business and the environment voted Opower, a company that works with utilities on getting homeowners to reduce electricity, as the best potential investment out of six candidates. At the ECO:nomics ...
Gupta Sues Business Partner Over Control of Investment Fund
The former Goldman Sachs Group Inc. director convicted of insider trading last year is suing his business partner, alleging he tried to seize control of an investment firm they co-founded. At issue is an India-focused private-equity firm called New ...
Computer Simulation Suggests That The Best Investment Strategy Is A Random ...
Computer Simulation Suggests That The Best Investment Strategy Is A Random ...
Amazon, Toyota get national awards for investment, community impact in Indiana
Amazon.com, Inc.'s new Jeffersonville fulfillment center and Toyota Motor Manufacturing Indiana's Princeton expansion received national recognition this month as winners of Trade and Industry Development magazine's eighth annual Corporate Investment ...
Sharp to receive remainder of Qualcomm investment by June
Sharp said that by June 28, the television set maker will be granted the second half of Qualcomm's investment. The investment pact was in jeopardy after the Japanese firm missed the March 29 deadline set by the U.S. chip maker to receive the second ...
Investment Group Poised to Acquire South Side Highland Community Bank
AUBURN GRESHAM — One of the city's black-owned banks, Highland Community Bank, could have a new owner by August if negotiations with a Chicago investment group continue to go well, said Matthew Roth, who would become the bank's new ...
How To Pick A Value Investment For Dividend Growth And Success
I like to think of my investment money as "gone" money. Once it is in an investment account, it doesn't come out. Time Horizon. Let's say you bought Wal-mart when it finally reached fair valuation in the end of 2007. From that point, it still took ...
Pressured, Investment Firm Is Said to Skip Fees
After suffering steep losses in one fund, the Yucaipa Companies, the money management firm run by the billionaire Ronald W. Burkle, has cut fees for investors in the portfolio. As part of the deal, Mr. Burkle agreed to forgo the firm's annual ...
Mexico Optimism: BBVA Announces $3.5 Billion Investment Plan
The investment in Mexico highlights the bank's shift of attention towards Latin America. In 2012 the bank earned net interest income of €3 billion in Spain and €6.6 billion in Latin America (about half of which came from Mexico.) Mr. Gonzalez said that ...
INVESTMENT FOCUS-The benefit of the doubt
That's not to say they believe some correction is not possible or even likely, just that investment decisions in 2013 so far have largely been based on a bigger strategic picture than tactical trading on the daily or weekly ebb-and-flow. "The biggest ...
Tiffany shares up 20% this year
Tiffany had a rough 2012. But investors are more excited about the retailer's prospects this year. Tiffany might want to change the color of its trademark blue box to green. Shares of Tiffany (TIF) rose nearly 3% Friday after the luxury retailer ...
Another Investment Tip For Lottery Winners
With the Powerball jackpot for Saturday at $320 million, lottery fever is catching up, again, with players. That's certainly a great deal of money. But holding onto money is often more difficult than acquiring it. And living a good life requires reason ...
New Jersey Division of Investment commits $900 million to alternatives managers
The commitments were announced by Timothy Walsh, director of the Division of Investment, at a meeting Thursday of the State Investment Council, which formulates investment policies for the division and which consults with the director. All are subject ...
Big investment fish eye Gary airport
The drive to land private investment for the Gary/Chicago International Airport already is drawing interest from some of the biggest names in the investment business. A committee exploring long-term leases or other arrangements for the airport heard ...
Chevron Venture Capital talks investment strategy
Chevron Venture Capital, as the name suggests, is the investment arm of San Ramon, Calif.-based Chevron Corp. (NYSE: CVX) Unneland was in town meeting with the energy company's Appalachian/Michigan Strategic Business Unit that is based in Moon ...
Business Oregon releases Strategic Investment Program job reports
ronler acres.JPG View full size Intel's Ronler Acres campus in Hillsboro is part of a SIP agreement. Randy L. Rasmussen, The Oregonian. Washington and Multnomah counties waived about $120 million in property taxes under Strategic Investment Program ...
A new investment method could be used to invest state retirement funds
The State Board of Investment could start investing state retirement and other funds in swap contracts, an investment tool recently regulated by the federal government. Howard Bicker, the board's executive director, said swap contracts would save the ...
Make an Investment in Your Grandchildren's Future
I think that sets the tone as we attempt to peek into the future while keeping our humility intact. Nevertheless, each technology discussed below has broad market support, major investment from public and private institutions, and a growing pile of ...
Join Us for a Cuppa?
Corsellis and Watts develop investment ideas by talking to bankers about industries undergoing structural or regulatory change, like the slot-machine business in the United Kingdom that's being opened up to more competition. Or one that's getting more ...