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Investments News

Selling Your Gold Jewelry Probably Won't Make You Rich Thursday, March 11, 2010 @ 1:36PMThe Globe bought some earrings that an appraiser said contained about $14.65 in gold. But when the newspaper tried to sell the jewelry, buyers were offering a few bucks.
ED records statement of trader linked to Koda Thursday, March 11, 2010 @ 1:35PMNew Delhi, Mar 11 (PTI) The Enforcement Directorate today recorded the statement of Mumbai-based bullion trader Manoj Punamiya in connection with multi-crore hawala transactions and illegal investments involving former Jharkhand chief minister Madhu Koda.
Legislature drops bill to help Ponzi victims Thursday, March 11, 2010 @ 1:34PMBOISE (AP) -- Victims of Ponzi schemes won't be writing off more of their Idaho state income taxes.
Stocks trade flat on concern about China inflation Thursday, March 11, 2010 @ 1:31PMThe stock market traded in a tight range for a fourth day Thursday after China reported a jump in inflation. Mixed U.S. economic news also held stocks back.
Business : UAE to Set Up 1500-Km Freight, Rail System Thursday, March 11, 2010 @ 1:31PMABU DHABI — The UAE is in process of developing the state-of the art 1500-kilometre long freight and passengers rail network in next eight years, a top official said.
Moscow Finishes 2nd as City of Billionaires Thursday, March 11, 2010 @ 1:31PMMetals tycoon Vladimir Lisin , the richest Russian, is ranked 32nd in Forbes' annual list of the planet's wealthiest people, as surging commodity prices pushed Moscow a step closer to regaining its title as the billionaire capital of the world.
Americans' net worth up for third straight quarter Thursday, March 11, 2010 @ 1:30PMWASHINGTON (AP) -- Americans regained more of their shrunken wealth last quarter, mainly because the healing economy boosted stock portfolios. But the gain was less than in the previous two quarters.
(AFX UK Focus) 2010-03-11 18:50 HEADLINE STOCKS-U.S. small/midcap stocks on the move on March 11 Thursday, March 11, 2010 @ 1:28PM(For large-cap stocks on the move, click on) March 11 (Reuters) - Some small and midcap stocks on the move on Thursday:
Siegel Says U.S. Recovery Certain, Euro Region Faces Splinter Wednesday, March 10, 2010 @ 5:49AMMarch 10 (Bloomberg) -- Jeremy Siegel , a finance professor at the University of Pennsylvania’s Wharton School , says the worst is over for the U.S. economy and the Federal Reserve may raise interest rates by year’s end to cool growth.
Executor seeks to track down missing money in Garfield case Wednesday, March 10, 2010 @ 5:49AMInvestors seeking more than $5 million that's vanished after the death of a South Jersey financial planner have received a glimmer of hope.
Peso up against dollar on positive investor sentiment Wednesday, March 10, 2010 @ 5:47AMThe peso rose further against the US dollar on Wednesday on the back of sustained positive investor sentiment that is benefiting Asian currencies.
Most retail sectors saw gains in Feb. Wednesday, March 10, 2010 @ 5:46AMNEW 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.
Siegel Says U.S. Recovery Certain, Euro Region Faces Splinter Wednesday, March 10, 2010 @ 5:45AMMarch 10 (Bloomberg) -- Jeremy Siegel, a finance professor at the University of Pennsylvania’s Wharton School, says the worst is over for the U.S. economy and the Federal Reserve may raise inter...
Archant reports fall in year-on-year profit Wednesday, March 10, 2010 @ 5:44AMRegional newspaper publisher Archant has reported a 32% fall in operating profits to £15.1m in its preliminary results.
RMB sees higher earnings Wednesday, March 10, 2010 @ 5:43AMSubmit your comment Diversified financial services holding group RMB Holdings, whose investments include FirstRand, witnessed a 22 percent improvement in normalised earnings from R1.353 billion to R1....
Elbit Systems Reports Fourth Quarter and Full Year 2009 Results Wednesday, March 10, 2010 @ 5:41AMHAIFA, Israel, March 10, 2010 /PRNewswire-FirstCall/ -- - 2009 Revenues Increased by 7.4% YoY to $2,832 Million; - Net Profit of $215 Million and EPS of $5.00; - Backlog of Orders Over $5 Billion
Sapiens Reports Strong Q4 Net Profit in 2009; Non GAAP 2009 Annual... Wednesday, March 10, 2010 @ 5:41AMDecember 31, 2009 Sapiens International Corporation N.V. (NASDAQ and TASE: SPNS), a leading global provider of innovative insurance software solutions, and a member of the Formula Group (NASDAQ: FOR...
Lawmaker lashes out at VW on English bill Wednesday, March 10, 2010 @ 5:41AMNASHVILLE — Efforts by a Volkswagen lobbyist Tuesday to state the German auto manufacturer’s concerns about a bill requiring all Tennessee driver license exams be conducted in English had a Northeast Tennessee representative questioning if the company was trying to strong-arm lawmakers into dropping the issue.
Officials say new pension plan actually saves money Tuesday, March 9, 2010 @ 10:30PMUTICA, March 9, 2009 -- In 2008, Utica gave public safety officials an enhanced pension plan that caused the city to take on more than $5 million worth of debt over 10 years.
Advice at the fee crossroads Tuesday, March 9, 2010 @ 10:29PMWHEN it comes to financial advice it is not all about money.
Allied Gold Limited: 2 Million Ounces in Measured and Indicated Resources at Pigiput and Pigibo Deposits Increased by ... Tuesday, March 9, 2010 @ 10:26PMTORONTO, ONTARIO--(Marketwire - March 9, 2010) - Allied Gold Limited (TSX:ALG)(AIM:AGLD)(ASX:ALD)
Chartwell director to stand trial Tuesday, March 9, 2010 @ 10:24PMThe director of a Victorian investment company that collapsed owing millions to investors has been ordered to stand trial on fraud related charges.
Mainlanders save 45% of income to be No 1 Tuesday, March 9, 2010 @ 10:24PMThey may have a reputation for splurging on Louis Vuitton and Chanel in Hong Kong's luxury boutiques but when it comes to the crunch mainlanders are savers at heart.
Soaring China home prices thwart ordinary buyers Tuesday, March 9, 2010 @ 10:23PMThe luxury apartment buildings Yang Xuhua passes on her way to work are a daily reminder of her own frustrated efforts to buy a home. Prices for even modest apartments in Shanghai have soared, putting
Half of KiwiSavers wrongly believe in Govt guarantee: survey Tuesday, March 9, 2010 @ 10:22PMA new survey shows many KiwiSaver members have a false sense of security about their investments, research company UMR says.In its latest survey of 750 New Zealanders aged 18 and over, almost half of all KiwiSaver members wrongly...
Andover gets a jump on wind turbine rules Tuesday, March 9, 2010 @ 10:20PMAndover sets guidelines before folks start building wind turbines.
Soaring China home prices thwart ordinary buyers Tuesday, March 9, 2010 @ 10:17PMThe luxury apartment buildings Yang Xuhua passes on her way to work are a daily reminder of her own frustrated efforts to buy a home. Prices for even modest apartments in Shanghai have soared,
Soaring China home prices thwart ordinary buyers Tuesday, March 9, 2010 @ 10:14PMThe luxury apartment buildings Yang Xuhua passes on her way to work are a daily reminder of her own frustrated efforts to buy a home. Prices for even modest apartments in Shanghai have soared, putting home purchases out of reach for white collar workers and professionals.
Future of brewery looks vulnerable Monday, March 8, 2010 @ 7:40PMJAMES CITY — With layoffs imminent locally and a corporate goal to cut another $500 million this year, what’s next at the brewery?
BEYOND THE STORY: Density and growth Monday, March 8, 2010 @ 7:39PMJAMES CITY -- Fundamental disagreements between citizens in the Historic Triangle are not new. In colonial days, prominent supporters of the Revolution faced off against Crown loyalists who found good reasons to resist change. Our area’s watermen, for example, suffered none of the tax burdens that tobacco taxes and the Stamp Act imposed on merchants and traders. Chesapeake Bay watermen enjoyed ...
Slim Poised to Beat ICA for Mexican Highway Projects (Update3) Monday, March 8, 2010 @ 7:34PMMarch 8 (Bloomberg) -- Billionaire Carlos Slim’s construction company is poised to win the biggest of three toll- road contracts in Mexico, beating Empresas ICA SAB , the nation’s largest builder, Credit Suisse Group AG said.
Oak Park annual audit more than 7 months late Monday, March 8, 2010 @ 7:34PMOak Park's 2008 audit was recently approved.
Iran steps up pressure on journalists Monday, March 8, 2010 @ 7:25PMIranians who work for foreign media come under threat Etemaad, Iran's most prominent reformist daily paper, was closed along with two weekly publications, Irandokht and Sina, a week ago today. Since the disputed election in June, Iran has shut eight newspapers and has imprisoned more than 100 journalists and bloggers. At least 65 remain in jail – more than any country has imprisoned since 1996 ...
Summer Street Capital Announces the Addition of Barry D. Freeman as Healthcare Advisory Partner Monday, March 8, 2010 @ 7:24PMBUFFALO, N.Y., March 8 /PRNewswire/ -- Summer Street Capital Partners (www.summerstreetcapital.com), a Buffalo, New York-based private equity fund, is pleased to announce that Barry D.
U.S. airlines look to Asia for growth Monday, March 8, 2010 @ 7:24PMBeleaguered U.S. airlines are increasingly looking to Asia to bolster their fortunes.
Westaim Announces 2009 Year-end Results Monday, March 8, 2010 @ 7:24PMTORONTO, March 8 /PRNewswire-FirstCall/ - The Westaim Corporation announced today that for the year ended December 31, 2009, it recorded net income of $0.5 million, or 1 cent per share compared to a net loss of $10.2 million, or 11 cents per share in the previous year.
WuXi PharmaTech Announces Fourth-Quarter and Full-Year 2009 Results Monday, March 8, 2010 @ 7:23PMSHANGHAI, China, March 8 /PRNewswire-Asia/ -- WuXi PharmaTech (Cayman) Inc. (NYSE: WX), a leading research and development outsourcing company serving the pharmaceutical, biotechnology, and medical device industries, with operations in China and the United States, today announced its financial results for fourth-quarter and full-year 2009. (Logo: http://www.newscom.com/cgi-bin/prnh ...
Alexza Reports 2009 Fourth Quarter and Full Year Financial Results and Provides General Corporate Update Monday, March 8, 2010 @ 7:23PMMOUNTAIN VIEW, Calif., March 8 /PRNewswire-FirstCall/ -- Alexza Pharmaceuticals, Inc. (Nasdaq: ALXA) reported today financial results for the fourth quarter and year ended December 31, 2009 and provided a general corporate update.
Charlotte Monday, March 8, 2010 @ 12:21PM24 Hours of Booty, Inc. , which runs the O fficial 24-Hour Cycling Event of the Lance Armstrong Foundation and the only national 24-hour road cycling charity event in the country, has recently pledged $250,000 to the Carolina Kids Cancer Research Coalition in support of a new clinical trial program conducted by the Pediatric Hematology and Oncology Center at Levine Children’s Hospital.
Asia Roundup: US jobs data lifts markets Monday, March 8, 2010 @ 12:21PMHONG KONG: Gains on Wall Street after better-than-expected US jobs data helped boost Asian markets yesterday, with receding fears over Greek debt encouraging risk appetite.
Biochips in Bangkok: Thailand's Sole Array Lab Plows Ahead with Ag-Bio Projects Monday, March 8, 2010 @ 12:20PMBANGKOK, Thailand — Minimum input, maximum output. That's the credo of the microarray lab at the National Center for Genetic Engineering and Biotechnology, or BIOTEC, the biotechnology arm of Thailand's National Science and Technology Development Agency.
Somerset County To Ask Lawmakers For $3 Million To Finish Local Projects Monday, March 8, 2010 @ 12:19PMTuesday, Somerset County commissioners will be in Washington, D.C, to ask lawmakers for millions of dollars to finish local projects.
ONGC may borrow US$10b to buy assets Monday, March 8, 2010 @ 12:19PMNEW DELHI: Oil & Natural Gas Corp (ONGC), India's biggest energy explorer, may borrow US$10 billion (RM33.4 billion) over the next decade as it competes with rivals from China and South Korea to buy oil assets overseas to meet domestic fuel demand.
Shell, PetroChina bid for Australia's Arrow Monday, March 8, 2010 @ 12:18PMPERTH: Royal Dutch Shell and PetroChina jointly bid more than US$3 billion (US$1 = RM3.34) for Australia's Arrow Energy, marking a Chinese firm's first foray in the country's burgeoning coal-seam gas sector and sending Arrow's shares soaring by nearly half.
Failed Banks May Get Pension-Fund Backing as FDIC Seeks Cash Monday, March 8, 2010 @ 12:18PMThe Federal Deposit Insurance Corp. is trying to encourage public retirement funds that control more than $2 trillion to buy all or part of failed lenders, taking a more direct role in propping up the banking system, said people briefed on the matter.
Plans to trim the state's budget deficit take shape Monday, March 8, 2010 @ 12:17PMThe Minnesota Senate Finance Committee has begun piecing together a plan to erase the state's nearly $1 billion budget deficit.
Investment interest still strong, says envoy Monday, March 8, 2010 @ 12:17PMOUTGOING US ambassador James Keith says there has been no let-up in investment interest between the US and Malaysia despite stalled bilateral free trade agreement (FTA) talks.
CIMB: New product offers twin returns Monday, March 8, 2010 @ 12:16PMCIMB 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.
Transpacific class action possible Sunday, March 7, 2010 @ 10:46PMLaw firm Maurice Blackburn and litigation funder IMF are considering a shareholder class action against waste management company Transpacific Industries Group.
Abu Dhabi hopes high for media forum Sunday, March 7, 2010 @ 10:45PMAbu Dhabi is gearing up for a gathering of old and new media leaders from east and west this week which it hopes will establish the emirate as the undisputed hub from which media companies can tap into the growth offered by Arabic-speaking markets.