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. ...

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Steelcase 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 ...

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