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Investments News

O'Brien: How dot-com startups have changed 10 years after the bust Wednesday, March 10, 2010 @ 12:12AMThe differences between Pets.com and Facebook are remarkable.
Vornado wants 510 Fifth Wednesday, March 10, 2010 @ 12:12AMVornado Realty Trust is swooping in to buy the landmarked 510 Fifth Avenue. Sources say the real estate investment trust led by Steven Roth and Michael Fascitelli is trying to work out a deal for the five-story jewel box on the southwest corner of 43rd St., which has a small...
Defaults Signal Bursting Muni Junk Bubble on High-Yield Surge Wednesday, March 10, 2010 @ 12:11AMMarch 10 (Bloomberg) -- Investors in search of better returns poured $7.8 billion into high-yield municipal bond funds last year, pushing assets to a two-year high. They may start experiencing losses as early as this year as default risks grow.
Jagran Prakashan hardens on stake sale Wednesday, March 10, 2010 @ 12:10AMJagran Prakashan has moved up as the UK-based media house Independent News & Media (INM) sold 7.5 per cent or over half of its remaining holding in the publishing group to a bunch of domestic and foreign funds for Rs 255 crore. The stock is trading at Rs 120, higher by Rs 2 or 1.9%, on the BSE. The shares had opened at Rs 118, which was also the day's low, and have touched a high of Rs 122 thus ...
Iberiabank Clears $329 Million in Stock Sale Wednesday, March 10, 2010 @ 12:10AMLAFAYETTE, La. (AP) - Regional banking company Iberiabank Corp. says it received $329 million from a public offering of just under 6 million shares of....
China to loan Sri Lanka $290 mln for infrastructure Wednesday, March 10, 2010 @ 12:08AMSource: Reuters COLOMBO, March 10 (Reuters) - China has agreed to lend $290 million to Sri Lanka for a new airport and to revive the country's railway network, the island nation's foreign ministry said on Wednesday ...
Pvt equity firm Apollo to buy Citi Property Investors: Report Wednesday, March 10, 2010 @ 12:08AMPvt equity firm Apollo to buy Citi Property Investors: ReportPvt equity firm Apollo to buy Citi Property Investors: Report
S.D. OKs Help For Retirement System Wednesday, March 10, 2010 @ 12:08AMPIERRE (AP) — A pair of bills meant to improve the financial condition of the South Dakota Retirement System are headed to the governor’s desk.
Shore Capital insists London is vital despite high tax rate Wednesday, March 10, 2010 @ 12:08AMLondon will remain a vital market to Shore Capital despite the brokerage setting up a new international holding company to move more of its to offshore tax haven Guernsey.
Calif. analyst sees job losses under climate law Tuesday, March 9, 2010 @ 1:20PMAssociated Press - March 9, 2010 2:04 PM ET SACRAMENTO, Calif. (AP) - California's nonpartisan legislative analyst says the state's landmark global warming law likely will lead to modest jobs...
Calif. analyst sees job losses under climate law Tuesday, March 9, 2010 @ 1:19PMCalifornia's nonpartisan legislative analyst says the state's landmark global warming law likely will lead to modest jobs losses in the near future.
WebMD says it will buy back around 5.8M shares Tuesday, March 9, 2010 @ 1:19PMHealth Web site operator WebMD Health Corp. said Tuesday it plans to buy back up to 5.8 million shares of its stock at $45.80 per share.
Gold Demand: Not What You Think Tuesday, March 9, 2010 @ 1:15PMThe latest news on true gold demand contains some surprising revelations. On Friday, gold closed up 1.5% for the week to end at $1135.20/oz, thanks to a U.S. dollar that couldn’t decide if it was strengthening or weakening.
Throne Speech looks at creating jobs Tuesday, March 9, 2010 @ 1:15PMDalton McGuinty's Open Ontario Plan is supposed to be a road map back to the good times. But critics say Monday's Throne Speech won't get you there from here.[...]
(AFX UK Focus) 2010-03-09 18:50 BRIEF-U.S. FCC SAYS new technologies like Cisco's are important for anchor ... Tuesday, March 9, 2010 @ 1:13PMWASHINGTON, March 9 (Reuters) - U.S. Federal Communications Commission Chairman Julius Genachowski said:
Keep Amazon out of Canada, booksellers ask Tuesday, March 9, 2010 @ 1:11PMThe Canadian Booksellers Association is trying to block Amazon.com from setting up a distribution centre north of the border.
Town of Westlake Offers Free Evening Entertainment with Masterworks 2010 Spring Concert Series Tuesday, March 9, 2010 @ 1:08PMWestlake, Texas – March 9, 2010– The Town of Westlake in collaboration with Maguire Partners and ARTSNET, presents a four-part series of FREE hour-long evening concerts, Friday, April 8, 15, 22, and 29, from 6 – 7 p.m., in the Village Circle Courtyard, Solana Village Center, Hwy. 114 @ Solana Blvd. Exit. The public is invited to bring a picnic supper or enjoy something from one of the Solana ...
Iberiabank clears $329 million in stock sale Tuesday, March 9, 2010 @ 1:04PMRegional banking company Iberiabank Corp. says it received $329 million from a public offering of just under 6 million shares of its common stock.
Conservatives to Increase Tax Breaks on U.K. High-Tech Research Monday, March 8, 2010 @ 6:50PMMarch 9 (Bloomberg) -- David Cameron’s Conservative Party will propose increasing U.K. tax breaks for research and development, focusing them on high-tech companies and small businesses, if it wins this year’s election.
Randolph church sells pastor's mansion at a loss of $450,000 Monday, March 8, 2010 @ 6:47PMPhoto by David Gard/ New Jersey Local News ServiceThe church's mansion on Kingsbrook Court in Randolph sold recently for $1.15 million. RANDOLPH -- The Randolph Christian Church is out nearly half a million dollars from the sale of a...
Canadian Booksellers Association appeals to stop Amazon's bid to build Cdn roots Monday, March 8, 2010 @ 6:44PMTORONTO - The Canadian Booksellers Association is asking the federal government to reject a bid by U.S. book e-tailer Amazon to establish roots in Canada.
Legislature drops bill to help Ponzi victims Monday, March 8, 2010 @ 6:39PMBOISE (AP) -- Victims of Ponzi schemes won't be writing off more of their Idaho state income taxes.
David Weyrich's Carlton Hotel sued over alleged labor violations Monday, March 8, 2010 @ 6:37PMCalifornia's Labor Commissioner has filed a lawsuit against David Weyrich’s Carlton
CIMB: New product offers twin returns Monday, March 8, 2010 @ 6:36PMCIMB Bank has launched a structured product that may allow high-net worth investors to earn a fixed annualised return of 4.88 per cent, plus an equity style dividend.
Rapert files for Dist. 18 State Senate Monday, March 8, 2010 @ 6:35PMJason Rapert, R-Bigelow, has filed for State Senate District 18, which is composed of Conway, Perry, and Van Buren counties and parts of Cleburne, Faulkner, Pope and Saline counties.
Island Capital Group LLC Announces Acquisition Monday, March 8, 2010 @ 6:35PMNEW YORK----Island Capital Group LLC , a private real estate oriented merchant banking firm controlled by Andrew L. Farkas, and Centerline Holding Company announced today that through its affiliate C-III Capital Partners , Island had acquired 100% of Centerline’s institutional real estate debt fund management and commercial mortgage loan servicing businesses.
How Hapoalim under Dankner approved the RP payment: Five-minute glance for $25m Monday, March 8, 2010 @ 6:34PM"They talked about it for no more than three minutes. Maybe five minutes." "Are you sure?" "They didn't talk about it for 10 minutes.
Man who had once hoped to buy Peaks arrested in NY Sunday, March 7, 2010 @ 1:00PMA man who said he wanted to buy The Peaks in 2008 used the property as bait for investors and ultimately used the money to finance his lavish lifestyle — from private jets to private school tuition — according to the Manhattan District Attorney.
Bulls may run more from March 2009 lows Sunday, March 7, 2010 @ 12:58PMNEW YORK (Reuters) - Bulls may get more room to run this week on the anniversary of the March 2009 lows -- if U.S. stock investors see more signs of stability after Friday's rally on smaller-than-expe...
Ottawa moves to eliminate tariffs Sunday, March 7, 2010 @ 12:57PMOTTAWA -- Canada will eliminate all tariffs on imports of machinery and other goods used in manufacturing, the government said yesterday, a move in its 2010 budget aimed at lowering the cost of doing ...
No major incentives for savers Sunday, March 7, 2010 @ 12:57PMBudget 2010 contains no sweeping transformation of the landscape for taxpayers or retirement savers but has dozens of tweaks for minorities ranging from the disabled to those seeking cosmetic surgery....
Allied Farmers chases money owed on Hanover loans Sunday, March 7, 2010 @ 12:55PMAllied Farmers Ltd has appointed a receiver to a company associated with the failed Five Mile Holdings development near Queenstown in a bid to chase a loan accruing $23,000 of unpaid interest each day. The Taranaki-based rural supplies and finance company purchased the assets of Hanover Finance and United Finance last year in a share for debenture swap. The company's share price fell this week ...
Officials say rail is Va.‘s transportation future Sunday, March 7, 2010 @ 12:47PMVirginia’s future is on rails.
(AFX UK Focus) 2010-03-07 18:15 WRAPUP 1-Iceland seeks swift new Anglo-Dutch debt accord Sunday, March 7, 2010 @ 12:44PMBy Wojciech Moskwa
IPL: The $2 bn brand Sunday, March 7, 2010 @ 12:44PMThe rebid decision is hardly a setback for one of the hottest sporting properties in the world.
Pension plan projected funding spells trouble for school district Sunday, March 7, 2010 @ 12:43PMHAVERFORD TWP. — Haverford Township School Director Larry Feinberg called attention last week to the crisis looming for school districts and taxpayers due to funding issues now facing the Public School Employees’ Retirement System (PSERS).
Dot-com bust ripples still felt 10 years later Sunday, March 7, 2010 @ 2:45AMWith just $20,000 in cash but gobs of gumption, ambition and talent, Ethan Bloch and two partners are turning an idea into a Web-based business. "I came to San Francisco to build a big company that does important things," said the 24-year-old Baltimore... San Francisco - Dot-com bubble - Business - San Francisco Bay Area - United States
Maquilas dodge THE VIOLENCE: Juárez plants hurt more by recession than drug violence Sunday, March 7, 2010 @ 2:42AMEL PASO -- The drug war in Juárez has prompted an estimated 10,000 small businesses to close or move across the border to Texas.
New project to identify best approaches to improve ag in developing countries Sunday, March 7, 2010 @ 2:37AMThe International Food Policy Research Institute launched a new project, Global Futures for Agriculture, to improve agricultural productivity and environmental sustainability in developing countries. Focused on evaluating promising technologies, investments, and policy reforms, the effort is supported with major funding from the Bill and Melinda Gates Foundation. High global food prices in 2008 ...
Al Mazaya launches second Kuwaiti Creative Zone and 7 Zones Multi Brand Zone Sunday, March 7, 2010 @ 2:36AMKuwait, March 7 th , 2010: Al Mazaya Holding has announced its sponsorship of the Kuwaiti and Proud forum entitled Project Homeland, in support of Kuwait's post-graduate youth.
Most retail sectors saw gains in Feb. Sunday, March 7, 2010 @ 2:36AMNEW YORK — Most retail sectors including electronics and luxury items saw sales gains in February, data released Wednesday show, though snowstorms that shut in shoppers also chilled sales at women's clothing stores.
No it's not the Olympics, but Pan Ams will tell whether we know how to party Sunday, March 7, 2010 @ 2:34AMIt’s nice to see the naysayers take it on the chin.
Keeping T. Rowe Price humming along means striking right balance Sunday, March 7, 2010 @ 2:32AMJames A.C. Kennedy has reached the point in his career when the White House wants to pick his brain for advice.
Former Raven is violent, wife alleges Sunday, March 7, 2010 @ 2:30AMMcCrary denies accusations in petition for protective order The wife of former Baltimore Raven Michael C. McCrary is seeking a protective order against the retired defensive end, claiming that her husband brandished a pistol during an argument, tossed a 45-pound metal kitchen stool at her and threatened to "ruin" her in a series of encounters dating to 2008.
Umpqua has a mellow banking style Sunday, March 7, 2010 @ 2:29AMRainier Pacific’s failure is really at least half a dozen banking trend stories wrapped in one, its ingredients including the conversion of credit unions to banks, the emergence of midsized regional banks attempting to fill the market niche once occupied by the old Puget Sound Bank, the financial-services calamity threatening to swamp scores of community banks and the ambitious entrance into ...
U.S. sends mixed messages to corporate world on doing business in Iran Sunday, March 7, 2010 @ 2:28AMThe federal government has awarded more than $107 billion in contract payments, grants and loans over the past decade to foreign and multinational American companies while they were doing business in Iran, despite U.S. efforts to discourage investment there, records show.
Phang Nga plans world mass dive record in April Saturday, March 6, 2010 @ 9:47PMPHUKET: Phang Nga Province, Phuket's immediate neighbor to the north, is asking divers from all over Thailand to pack their fins, tanks and regulators and head to a diving festival in Thai Muang Distr...
Hampton places hope in Thursday's opening of Peninsula Town Center Saturday, March 6, 2010 @ 9:39PMThe clocks are counting down to 10 a.m. Thursday, the grand opening of the Peninsula Town Center.
Bollywood Soars Toward Hollywood Saturday, March 6, 2010 @ 9:24PMThe films of Bollywood are gaining more momentum, and interest, in the United States.
Job summit offers hope for recovery Saturday, March 6, 2010 @ 9:24PMThe much-hyped, controversial Berkshire Jobs Summit turned out to be a worthwhile, professionally executed event.