Home > Investment News

Investment News 12/2017



BRIEF-Walter Investment Management Files Prepackaged Chapter 11 Plan
... * WALTER INVESTMENT MANAGEMENT CORP. FILES PREPACKAGED CHAPTER 11 PLAN TO CONTINUE IMPLEMENTATION OF ITS PREVIOUSLY ANNOUNCED FINANCIAL RESTRUCTURING. * AT CONCLUSION OF FINANCIAL RESTRUCTURING PROCESS, CO EXPECTS WILL HAVE REDUCED DEBT BY ABOUT ...
Egyptian Billionaire Naguib Sawiris To Launch Gold Investment Company
Mfonobong Nsehe , Contributor I chronicle Africa's success stories and track its richest people Opinions expressed by Forbes Contributors are their own. Egyptian telecom billionaire Naguib Sawiris is about to launch a new investment company ...
The Risky Lure of Passive Investment Proxies
The strategy maintains a claim on the upside but also offers the possibility of a quick exit. by. Mohamed A. El-Erian. @elerianm More stories by Mohamed A. El-Erian. November 30, 2017, 11:00 PM PST. Calling all daredevils. Photographer: David Ashdown ...
Britain's Opposition Leader Says Labour Party a 'Threat' to Investment Banks
Jeremy Corbyn, who leads Britain's Labour Party and could be the country's next Prime Ministers, has called investment banks 'gamblers and speculators' and said he would be a 'threat to a damaging system.' ByMartin Baccardax. Dec 1, 2017 6:19 AM EST ...
The Senate's Proposed Investment-Tax Hike Is a Flop
Who ever thought that a bill that increases investment taxes would have been sponsored by Republicans? About the Author. John Rekenthaler is Vice President of Research for Morningstar. Contact Author | Meet other investing specialists. Such is ...
FOREX-Euro holds line at $1.19 as investment prospects brighten
The single currency climbed as much as 0.3 percent earlier in the session to hit $1.1940 but it gave up most of its gains to trade nearly flat on the day at $1.1902 on Friday. Morgan Stanley strategists said unhedged currency inflows into European ...
Investment growth shows optimism in Brazil -finance minister
SAO PAULO, Dec 1 (Reuters) - Third-quarter gross domestic product (GDP) figures confirm Brazil's economy is on a growing trajectory and stronger investment shows optimism about the country's future, Finance Minister Henrique Meirelles said on Friday ...
Postino WineCafe parent wins private-equity investment
The multiconcept group behind the Postino WineCafe concept has won a significant investment from private-equity firm Brentwood Associates, the company said Thursday. Phoenix-based Upward Projects is the operator of five brands and 12 restaurants in ...
Crypto Hedge Fund Manager Steindorff Shares Investment Strategy
Shortly after I made my first investment, I became an active participant in a small and extremely passionate community of bitcoin enthusiasts. It became increasingly obvious to me how distributed ledger technology would become the primary catalyst for ...
Alacarte secures $700K investment for 'virtual food hall'
Meal-preparation company Alacarte has secured $700,000 in angel financing to form a partnership with UberEats to offer what it said will be a “virtual food hall” experience. The Miami-based company, which opened its first commissary in Miami Beach four ...
Hudson's Bay reaches agreement with activist investor Litt on Rhone investment
(Reuters) - Canadian retailer Hudson's Bay Co (HBC) said on Friday it reached an agreement with shareholder Land & Buildings, under which the activist investor would withdraw its appeal against the conditional approval given for an investment by Rhone ...
Yes. Tax reform will boost US investment.
More importantly, the current bills' repatriation provisions are part of an overall reform that lowers the corporate tax rate, that moves the United States toward a territorial system of taxation, and that permits full expensing of domestic investments ...
Carlyle Looks in Mirror to Find Its Latest Investment
Private equity firms vying for their next buyout candidates should expect competition to remain rampant -- after all, they've collectively amassed almost $1 trillion to spend. But in at least one corner of the market, deal flow is slightly easier to ...
Carlyle Finds Its Latest Investment Under Its Own Nose: Gadfly
Private equity firms vying for their next buyout candidates should expect competition to remain rampant -- after all, they've collectively amassed almost $1 trillion to spend. But in at least one corner of the market, deal flow is slightly easier to ...
Letting Artificial Intelligence Control Your Investment Portfolio
Perhaps you've been in line at the market, and you choose the line to pay that is the shortest. But you realize that the other line is moving much faster. So you switch lines, hoping to save some time. Suddenly the customer at the front of your line ...
PennantPark Investment's (PNNT) CEO Art Penn on Q4 2017 Results - Earnings Call Transcript
I'm going to provide an update on the business starting with financial highlights, followed by a discussion of the overall market, the portfolio, investment activity, the financials and then open it up for Q&A. For the quarter ended September 30, 2017 ...
This tax plan will spark an investment boom that will benefit everyone
Warts and all, if I were a voting member of Congress, I would certainly cast a "yea" vote for the tax-cut plan passed by the Senate and House and headed for conference (to work out minor differences) in the weeks ahead. These bills are not perfect ...
Bitcoin: is it a bubble waiting to burst or a good investment?
Bitcoin is the fastest-growing asset in the world this year, but the virtual currency does not appear to have many users in London's tech district. It has been more than a month since bitcoin was used to buy a flat white or craft beer sold at the Old ...
Which mobile investment app is right for you?
The new platforms, dubbed robo-advising, use algorithms and technology to provide investment advising usually reserved for people with large pocketbooks. Those that don't advise still let users pick their own stocks. Many boast low or no fees, ease of ...
PERS: Big investment returns won't stop steep pension cost increases
The projections also assume that pension fund managers will continue to deliver the system's assumed rate of investment returns – 7.2 percent a year – over that five-year period. If that doesn't happen, the rate increases would continue in subsequent ...
East of Chester, a resurgence of investment and activity
It was almost 10 years ago that Jim and his wife Becky Katsantonis reopened their popular Goose Loonies restaurant on 18th Street east of Chester Avenue. Their restaurant has thrived and over the years the east side of downtown has grown with new ...
Miracle on ice: Iceland investment takes tiny nation to WCup
REYKJAVIK, Iceland (AP) — Sunrise is still two hours away when 700 boys arrive for a Sunday morning soccer tournament in Reykjavik, the world's northern most capital. It's snowing and freezing outside but the players have overcome the natural barrier ...
Five Reasons Why KYC Is Crucial for Your ICO Investment
This is a sponsored guest spot. The views expressed in the article are solely that of the author and do not represent those of, nor should they be attributed to CCN. Regulators in countries across the globe are taking an increasing interest in ICOs ...
Pundi X supports Achain's ACT token investment
JAKARTA, Indonesia, Dec. 2, 2017 /PRNewswire/ -- Pundi X, a cryptocurrency point-of-sale ("POS" ) solutions provider for retail stores, has received the strategic investment from Achain, a Beijing-based blockchain company. Pundi X is now officially ...
Minsheng Investment seeks bigger slice of market for services for China's rapidly ageing population
China Minsheng Investment Group (CMIG) is bucking the trend of building senior living projects as the country's population ages, and is instead looking to manage more residential properties to seek a bigger slice of the market for care for the elderly ...
Iceland's investment takes tiny nation to World Cup
The latest achievement has left many wondering if the island nation of nearly 340,000 people is benefiting from its investment in the sport, or is it only temporary success? Speaking with the Associated Press at the national football stadium ...
Stock Price Deception Is the Highest It Has Been in Modern Investment History
The dynamic of an upside/downside calculation and determining discounts or premiums to intrinsic value form the basis for my trading and investment decisions. Recently, I successfully traded two retail stocks, Macy's Inc. (M) and Dillard's Inc. (DDS ...
Walter Investment Management Corp. From The Perspective Of A Preferred Investor
30, 2017 /PRNewswire/ -- Walter Investment Management Corp. ("Walter" or the "Company") (NYSEMKT:WAC) today announced that, as expected, the Company filed a voluntary chapter 11 petition in the United States Bankruptcy Court for the Southern District ...
Kryptobonds - A Revolutionary Investment Blockchain In The Cryptocurrency World
This is a paid press release. Cointelegraph does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions ...
MILLS: Texas is best for O&G investment, survey says
The five least attractive of the large-reserve jurisdictions for investment on the basis of their Policy-Perception Index scores - Venezuela, Libya, Iraq, Indonesia, and Nigeria - account for 41 percent of the proven oil-and-gas reserves included in ...
UK factories plan to ramp up investment - EEF
LONDON, Dec 4 (Reuters) - British factories intend to increase investment at the strongest pace in four years, adding to signs that manufacturing will help support an otherwise sluggish economy in 2018, an industry survey showed on Monday. Europe's ...
China has "basically exited" from outbound investment curbs-regulator
BEIJING, Dec 4 (Reuters) - China has “basically exited” from its curbs on irrational outbound investment deals, Pan Gongsheng, the head of the foreign exchange regulator, was quoted by media on Monday as saying. “At the end of last year, several ...
Closed-end funds a little understood investment option
Most investors understand the basics of ordinary mutual funds, but I'm confident few understand closed-end funds that also hold a portfolio of stocks and bonds, how they differ and their risks. They are in some ways like mutual funds and exchange ...
Denmark's Alk Abello suspends dividend to support North America investment
(Reuters) - Danish pharma company Alk Abello said on Monday it would invest 1 billion Danish crowns ($159 million) in its North America business, a move that is expected put a lid on earnings and revenue growth in the near term. To support the ...
PPG completes $1.4M investment at French research and development plant
PITTSBURGH - PPG today announced the completion of a $1.4 million investment at its automotive adhesives and sealants manufacturing and research and development center in Saint-Just-en-Chaussée, France. The upgrades to the facility include new ...
Soccer investment leads tiny Iceland to the World Cup
REYKJAVIK, Iceland (AP) -- Sunrise is still two hours away when 700 boys arrive for a Sunday morning soccer tournament in Reykjavik, the world's northern most capital. It's snowing and freezing outside but the players have overcome the natural barrier ...
Macros Fiscal Flows In Russia Point To Stronger Investment Markets
The stock market and other financial assets can be expected to rise, while macro fiscal flows remain positive. The Russia ETF is up 37% since my first article on Russia in December 2016. A positive macro picture for a land one is looking at investing ...
UM's Investment Chief Outlines Three Key Issues Plaguing OTT Planning
In the words of Jon Stimmel, the chief investment officer for UM Worldwide, planning an over-the-top (OOT) ad campaign is “a Frankenstein of different methodologies mixed together.” He added, while speaking last week at the Videonuze Shift summit in ...
Riot Blockchain's Coinsquare Receives Milestone Investment
CASTLE ROCK, Colo., Dec. 4, 2017 /PRNewswire/ -- Riot Blockchain, Inc. (Nasdaq: RIOT) (the "Company") today announced that one of its strategic portfolio holdings, goNumerical Ltd (dba "Coinsquare"), has closed a CAD $10.5 million investment at a CAD ...
Mystery US fund plans $1B UK investment: FT
More details of the investment are due to emerge later this week when the U.K. government and drugmakers unveil the “sector deal” that will define the future of the industry post-Brexit. So far, only an incomplete picture of the news has emerged in ...
Scrinium – the future of portfolio investment.
Scrinium is proud to announce the launch of a pre-ICO on December 11th, and every investor is welcome to take part. A new ICO has emerged in the finance sector: a system based on blockchain that will provide the user with an opportunity to invest and ...
Tax Reform: The Impact On Macro Fiscal Flows And Investment ...
Tax Reform: The Impact On Macro Fiscal Flows And Investment ...
Mirai Creation Investment Limited Partnership and Innovation Network Corporation of Japan Take the Lead as ...
Mirai Creation Investment Limited Partnership and Innovation Network Corporation of Japan Take the Lead as ...
Charter brags about big speed boost—after saying Title II stalled ...
Charter brags about big speed boost—after saying Title II stalled ...
If you invested $1000 in Netflix 10 years ago, here's how much you'd have now
Video-streaming service Netflix continues to expand its reach. CNBC reports that the company added more than 5 million net subscribers this past quarter, bringing its subscriber base to about 110 million, globally. And if you invested in $1,000 in ...
Trump's Economic Revolution Is All About Investment - Bloomberg
I've seen hundreds of articles on President Donald Trump and trade, but the real significance of the Trump economic revolution -- for better or worse -- is a focus on investment. There is no coordinating mastermind, but if you consider the intersection ...
US SEC files charges on digital currency investment scam against Canadian firm
The US Securities and Exchange Commission said on Monday its newly-created Cyber Unit shut down a digital currency investment scam, charging a company that took millions from investors, “falsely promising” a speedy, 13-fold profit. The SEC's Cyber Unit ...
The Active vs. Passive Investment Debate, Explained: QuickTake
Are you good enough at picking stocks to beat the market? Not too many people would claim that. Is your asset manager good enough? The $10 trillion invested in active-management funds is a bet that the answer is yes. But more and more people are saying ...
To investment pros, bitcoin looks like a classic bubble
The answer they're getting from investment professionals, at least from the few I asked about bitcoin, is a firm no. “I have had a lot of friends giving me all sorts of trouble, saying, 'Why didn't you tell me to invest in bitcoin?'” says Chris ...
Plexus Investment in Europe Continues to Grow to Meet Customer Demand
NEENAH, Wis., Dec. 05, 2017 (GLOBE NEWSWIRE) -- Plexus (NASDAQ:PLXS) a global leader in providing design and development, manufacturing, supply chain and aftermarket services, is increasing investment in Europe with further expansion of its Oradea ...