With Needed Cash, GMAC Will Ease Lending Restrictions
New York Times - United States
Mr. Kerkorian’s investment firm, the Tracinda, Corporation, had built a 6.5 percent stake in Ford this year. The firm which had previously amassed large ...
See all stories on this topicUS STOCKS-Wall St gains on latest auto bailout
Reuters - USA
The move to assist GMAC was the latest in a string of government efforts to ease tight credit markets and cushion the impact of the recession. ...SmarTrend(R) MidDay Market Recap -- December 30, 2008
FOXBusiness - USA
Technically, capital gains only count for what's called a capital asset, but that's really just anything you own for investment purposes. ...Why I Don't Think Genco's Prices Will Reach Prior Highs
Seeking Alpha - New York,NY,USA
Their latest 10Q has a investment in a company called Jinhui. That company trades on the Oslo bors (ticker JIN) and is 54% owned by a Hong Kong company. ...BCSB, Cecil, Capital banks squeeze in under the TARP
Bizjournals.com - Charlotte,NC,USA
Three Maryland banks received nearly $28 million in funding in the latest round of the US Treasury Department’s TARP Capital Purchase Program. Through Dec. ...
See all stories on this topicAn impenetrable hedge
Business Spectator - Melbourne,Victoria,Australia
The anomaly means that Australian investors into offshore feeder funds managed by Westpac's BTInvestment Management and HFA Holdings cannot access their ...
Ghana presidential vote to be rerun in single areaThe Associated Press
The Associated Press
He said the latest results from Sunday's second round race showed opposition leader John Atta Mills had a narrow lead with 50.13 percent of counted ballots, ...Kevin Bacon, economist latest hurt in Madoff scheme: reports
Reuters - USA
Economist Henry Kaufman lost several million dollars, which he had in a brokerage account with Bernard L. Madoff Investment Securities for more than five ...Wall Street gains as GMAC gets financing
Los Angeles Times - CA,USA
"This is trying to slow down the economic train wreck," said Jack Ablin, chief investment officer at Harris Private Bank. "Investors are taking a step back ...Kevin Bacon, economist may be latest hurt in Madoff scheme
Reuters - USA
(Reuters) - A prominent Wall Street economist, Hollywood actor Kevin Bacon and his wife are the latestpeople to have lost money on investments connected to ...China to almost double railway investment in 2009
Xinhua - China
The latest change came in April last year. About 1.46 billion people traveled by rail this year, up 10.9 percent from last year. Both transport capacity and ...
Malibu's vanishing Broad Beach a sign of rising sea levels ...
Los Angeles Times
Wednesday, December 31, 2008
Latest Investment news
Tuesday, December 30, 2008
Latest Investment news
2008 Holiday Investment Review/Preview
Oxbury Publishing - Baltimore,MD,USA
To begin, US Banks are having difficulty processing the latest month’s worth of mortgage applications. After the Fed said it would buy mortgage bonds to ...US-BUSINESS Summary
Washington Post - United States
The action was the latest in a lengthy series of emergency government moves aimed at easing the worst credit crisis since the 1930s and limiting the ...NATIONAL BRIEFING
Washington Post - United States
Billionaire investor Kirk Kerkorian has sold his remaining 5 percent stake in Ford, according to hisinvestment company, Tracinda. ...Microbes latest weapon against TCE
Press & Sun-Bulletin - Binghamton,NY,USA
Cleanup could take 30 years or more after a $2.2 million investment of state Superfund money, according to Thomas Gibbons, a project manager with the state ...Ford Hopes Self-Parking Vehicles Boost Curb Appeal
Wall Street Journal - USA
Mr. Kerkorian's investment company, Tracinda Corp., had accumulated a 6.5% stake in Ford earlier this year. The auto maker's stock subsequently plunged, ...Kirk Kerkorian sells remaining Ford shares
Los Angeles Times - CA,USA
AP Billionaire Kirk Kerkorian, whose Beverly Hills-based investment company confirmed Monday that it had dumped its remaining stock holdings in struggling ...Banks Reduce Borrowing From Fed In Latest Week
AHN - USA
Borrowing by investment banks fell as well, averaging $45.7 billion in daily borrowing for the week ended Dec. 24, compared to $50.5 billion the week before ...
See all stories on this topic
Monday, December 29, 2008
Latest Investment news
Malaysian palm oil production to remain high in Dec
Malaysia Star - Malaysia
For CPO prices to stage a sustainable run-up, inventory would need to ease considerably, Tai said in OSK’s latest Investment Strategy 2009 report. ...Kirk says good-bye to Ford
Los Angeles Times - CA,USA
A spokeswoman for Tracinda Corp., Kerkorian’s Beverly Hills-based investment company, confirmed today that it had dumped its remaining stock holdings in ...Avalon nominates directors for TomoTherapy board
Bizjournals.com - Charlotte,NC,USA
The nomination of four new directors is the latest move by the investment firm to generate greater value for the company's shareholders in the wake of the ...Fashion chain USC latest victim of UK downturn
Reuters - USA
Hunter's investment vehicle, West Coast Capital, said USC, which sells brands including Diesel, Miss Sixty, Ted Baker and Lacoste, had appointed consultants ...Golf resorts being upscaled in Puerto Rico
San Jose Mercury News - CA, USA
"They are definitely an investment in the future," said Peter Finch, senior editor at Golf Digest magazine. "It takes years and in some cases decades to get ...
PanaMoney. Why people choose this succesful forex trading ...
Ecommerce Journal
Ecommerce Journal - Boston,MA,USA
And it is exactly what a successful investment forex trading system PanaMoney .net says to its customers on the main page of its web site. ...Zacks Analyst Blog Highlights: Ambac Financial, Huntington ...
Reuters - USA
About Zacks Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leonard Zacks. As a PhD in mathematics Len knew he could ...Dave Gardner: How to avoid an investment scam
Daily Camera - CO,USA
So what can be done to prevent you from falling prey to the latest investment scam? Here are some general rules that will help avoid being duped. ...Jobs axe hangs over investment banks in Asia
Economic Times - Gurgaon,Haryana,India
HONG KONG: Investment bankers in Asia fear more job cuts in the next few weeks, having largely escaped the latest global layoffs that hit colleagues in ...Small Talk: Funds dried up as caution replaced speculation
Independent - London,England,UK
By Alistair Dawber There are few companies that can say that 2008 has been a fun year on the Alternative Investment Market (Aim). ...NYU Latest Victim in Madoff Debacle
HedgeCo.net - West Palm Beach,FL,USA
NYU spokesman John Beckham explained that Merkin “was explicitly told this was not a properinvestment vehicle,” when he brought up Madoff. ...
Sunday, December 28, 2008
The Intelligent Investor
The most distinguishing trait of Buffet's investment philosophy is the clear understanding that, by owning shares of stock, he owns businesses, not pieces of paper. The idea of buying stock without understanding the company's operating functions - including a company's products and services, capital reinvestment requirements, inventories, receivables, and working capital needs - is unconscionable, says Buffet. This mentality if reflected in the attitude of a business owner as apposed to a stock owner. In the summation of The Intelligent Investor Benjamin Graham wrote, "Investing is most intelligent when it is most businesslike." These words are, Buffet says, "the nine most important works ever written about investing."
A person who holds stocks has the choice to become the owner of a business or the bearer of tradable securities. Owners of common stocks who perceive that they merely own a piece of paper are far removed from the company's financial statements. These owners behave as if the market's ever-changing price is a more accurate reflecton of their stock's value than the businesses' balance sheet and income statement. They draw or discard stocks like playing cards. For Buffett, the activities of a common-stock holder and a businessperson are intimately connected. Both should look at ownership of a business in the same way. "I am a better investor because I am a businessman," confesses Buffett, "and a better businessman because I am an investor."
Buffett is often asked what types of companies he will purchase in the future. First, he says, he will avoid commodity businesses and managers in which he has little confidence. What he will purchase is the type of company that he understands, one that posseses good economics and i run by trustworthy managers. "A good business is not always a good purchase," Buffett says, "although it is a good place to look for one."
Latest Investment news
Consumer Machinations Hit Gear Makers
Wall Street Journal - USA
Its latest reading, for November, showed a slump of 33%. This isn't a rogue data point: Two-thirds of those surveyed reported falling volume. ...
Sophisticated Gold Investment Strategies for 2009
Gold Seek
Gold Seek - USA
Legendary investment adviser Dr Marc Faber recommends gold explorers in his latestnewsletter, pointing out that these stocks have become ‘incredibly cheap’ ...Bin Laden Latest Madoff Casualty
Huffington Post - New York,NY,USA
The alleged Ponzi scheme of New York investment manager Bernie Madoff has claimed yet another victim, as al-Qaeda kingpin Osama bin Laden today revealed ...
Investment planning
Business Standard
Business Standard - Mumbai,Maharashtra,India
The latest premium on a 4000 Nifty Call in June 2009 was about 210 or 5 per cent - that annualises to around 10 per cent, which is well below the current ...
See all stories on this topic
Three weeks that changed the world
guardian.co.uk
guardian.co.uk - UK
Blackstone spent hundreds of billions of dollars on consumer and leisure firms as well as the betting on the latest investment craze: clean technology. ...Fitness club latest to join business park
GoErie.com - Erie,PA,USA
Public and private investment, including more than $9.5 million in capital grants received since 1994, helped move the project along, while tax incentives ...
Friday, December 26, 2008
Latest Investment news
Treasuries Walk, Talk Like an Old-Time Bubble: Michael R. Sesit
Bloomberg
Bloomberg - USA
To Bill Gross, co-chief investment officer of Newport Beach, California-based PacificInvestment Management Co., the answer is yes. ...
Some good, bad '09 predictions
See all stories on this topicSEC failures
Salt Lake Tribune - United States
The latest example to make the news is, of course, Bernard Madoff. Suddenly he's a famous name, the guy who perped the biggest Ponzi scheme in Wall Street ...Seoul shares seen higher; easier oil to help
Reuters - USA
Also as dividend payments are due soon, selling appetite may be less than usual," said Hong In-young, a market analyst at HMC Investment & Securities. ...
See all stories on this topic
Thursday, December 25, 2008
Latest Investment news
With Fed's Help, AIG Unloads $16 Billion in Credit Default Swaps
Washington Post - United States
The federal government committed $150 billion to bail out AIG and prevent losses at investment banks that bought protection on fixed-income securities from ...Effort Under Way to Sell Madoff Unit
New York Times - United States
It is only the latest lawsuit filed against the so-called feeder funds into Mr. Madoff’s vast investmentadvisory arm. Separately, a judge in Manhattan ...Park National Bank gets federal investment
Columbus Dispatch - Columbus,OH,USA
By Mike Pramik Park National Bank of Newark is the latest bank to receive federal investment funding, securing $100 million in equity capital from the ...AIG Retires $16 Billion in Swaps With Federal Help
Bloomberg - USA
The US committed $150 billion to bail out AIG and prevent losses at investment banks that bought protection on fixed-income securites from the insurer. ...Sound investment: TCRA may spend $500000 to upgrade PA system
Kingsport Times News - Kingsport,TN,USA
At the last Airport Commission meeting, commissioners mulled over their latest options to go where they’ve never been before: Getting the overall quality of ...
See all stories on this topic
Wednesday, December 24, 2008
Latest Investment news
The Merkin Affair Madoff, Ponzi, and Halachah, Part 2
Five Towns Jewish Times Online - Cedarhurst,NY,USA
... the latest “offering memorandum” (henceforth OM) for the “C class” members was written in November 2006. The OM clearly shows that the investment must ...SI International sale clears final hurdle
Bizjournals.com - Charlotte,NC,USA
Reston-based SI International, which agreed to be acquired by Serco for $510 million in August, announced Wednesday that the Committee on Foreign Investment ...iPhone apps are latest gold rush
Financial Post - Toronto,Ontario,Canada
"From a [return on investment] perspective, it absolutely makes sense," said Mark Thompson, director of The Weather Network's mobile division. ...Palm Gets $100 Million from Elevation Partners
BusinessWeek - USA
The latest investment values the company at 3.25 a share, and the stock closed on Dec. 23 at 3.50. (At least $9 of the drop can be attributed to a repricing ...Treasury: $4.7 billion to local banks
CNNMoney.com - USA
Until Tuesday, all banks had given warrants to Treasury in exchange for a capital investment. In thelatest round, Boston-based OneUnited Bank gave only ...More declines for oil on latest batch of bad news
The Associated Press
... but there's some doubt about whether there will be full compliance," said Toby Hassall, an analyst atinvestment firm Commodity Warrants Australia. ...FDA Approves Latest Beckman Diagnostic Machine
Orange County Business Journal - Irvine,CA,USA
Traditionally recession proof, the current downturn has hospitals nervous about tougher financing amid the credit crunch, lost investment income from Wall ...More declines for oil on latest batch of bad news
The Associated Press
"Fears of demand are dragging the price lower," said Toby Hassall, an analyst at investment firm Commodity Warrants Australia in Sydney. ...Latest figures show nation still in recession
NASDAQ - New York,New York,USA
According to the Commerce Department, the latest decrease in real GDP was due to fewer personal consumption expenditures and less business investment. ...
Tuesday, December 23, 2008
Latest Investment news
Ponzi Schemes and Social Security
Capitol Hill Blue - VA,USA
The latest scandal on Wall Street involves an investment pyramid scheme that evidently has bilked investors out of billions of dollars. ...
See all stories on this topicSteelcase Posts 99% Drop in Profit
Wall Street Journal - USA
Results for the latest quarter included a $27.5 million insurance-related charge and $4.7 million in restructuring charges, while the prior year included a ...Elevation Bets Another $100 Million on Palm
New York Times Blogs - New York,NY,USA
The terms of Elevation’s latest investment call for Elevation to pay $100 million for a new class of preferred stock that carries no dividend and converts ...TAKE A LOOK-Analysis on commodities, energy in credit crunch
Reuters - USA
... US mandate [ID:nN01516104] > After the fall, institutional investors wary of oil [ID:nLQ713582] > Low carbon price may stunt investment in wind, ...Palm Gets Needed $100M Infusion
InternetNews.com - USA
Following its latest investment, Elevation Partners becomes Palm's largest shareholder, owning about 41 percent of the company, according to Lyn Fox, ...Madoff Scheme May Halve Chilean Bank Celfin’s Profit
Bloomberg - USA
The Chilean brokerages are the latest to face losses as what’s being called the largest investmentfraud in history spreads to Latin America. ...PBGC Hires Trio To Help Manage Private Equity, Real Estate Portfolio
CNNMoney.com - USA
The US Pension Benefit Guaranty Corp. tapped three investment firms to help manage $2.5 billion in real-estate and private-equity assets, segments the ...Chip Startup Solarflare Raises $44M Venture Round
Orange County Business Journal - Irvine,CA,USA
"The latest investment allows us to support the ship dates of our customers.” Solarflare makes chips that allow faster networks to link with slower ones, ...Toyota predicts first reported operating loss
Detroit Free Press - United States
"The problem is next year," he said, while adding that the latest revisions were within expectations. "It's unmistakable that things are extremely tough for ...More US investors sue funds over Madoff
guardian.co.uk - UK
UL], the latest firms to face lawsuits for entrusting money to investment manager Bernard Madoff, accused of orchestrating a $50 billion fraud. ...US Stock-Index Futures Fluctuate Ahead of Housing Reports
Bloomberg - USA
General Motors Corp. lost 7.4 percent as Standard & Poor’s cut its debt rating further belowinvestment status, while Ford Motor Co. slid 4.6 percent as ...Strategic Storage Trust, Inc. Closes on Purchase of 500-Unit ...
MSNBC - USA
"It's an investment with good cash flows and great opportunity for us to add value through customer service and operational savvy coupled with the latest ...
