While hiring a spouse will likely lead to one or two lover’s quarrels, the benefits can often outweigh potential downfalls. Indeed, say small-business consultants and accountants, whether it’s moral support, less expensive labor or lower health-care costs, hiring a spouse can provide a number of advantages.
Would you like to hire a great assistant, while at [...]
The slight jump in the Retirement Fund’s overseas investments seen in May could be followed by some losses in July due to the economic fallout of the nation’s subprime mortgage meltdown.
The Fund’s investment portfolio rose by just less than 2 percent in May, according to a financial report, to almost $450 million after declines in [...]
Canadian growth shrank 0.3% in the first quarter, as a wrenching restructuring in the manufacturing sector hobbled an economy half-way in recession.
It was the first decline in annualized growth in nearly five years and the weakest in the Group of Seven, behind the United States, Britain, Europe and even Japan.
“This is a bitterly disappointing and [...]
Humboldt Capital Corporation announces that effective March 31, 2008, the Corporation reported a net asset value of $4.37 per share compared with $4.42 per share at December 31, 2007.
The value of Humboldt’s investment portfolio declined by 1% in the first quarter of 2008 due to the continued weakness in the gas related equities and shares [...]
ISLAMABAD: Pakistan is planning to hold investment conferences at Jeddah and Riyadh to interact with Saudi investors and to apprise them about the privatisation and investment opportunities in Pakistan and to explore areas of investment in the Kingdom of Saudi Arabia for the Pakistani business groups.
Syed Naveed Qamar, Federal Minister for Privatisation, Investment, Ports and [...]
Fidelity Management & Research’s gave its stamp of approval to Ambac Financial Group on Thursday, but the move was overshadowed by the revelation that JPMorgan Chase slashed its stake in the ailing bond insurer.
Fidelity Management & Research, acts as an investment adviser to Fidelity Investment’s family of mutual funds, and is Ambac’s largest shareholder.Investment Advice [...]
Nothing says futility like an investment in an equity fund that lags the returns of five-year guaranteed investment certificates.
The five-year GIC is the default investment of the risk-averse members of our population. Returns are low, but the chances of losing money are as close to zero as you can get without actually using the term [...]
A new Fidelity Investments report assets that advisers with 401(k) plan clients who make it a point to develop and maintain strong relationship can grow their 401(k) practice – and their revenue – by an estimated 40% over 10 years, compared with those who do not.
A Fidelity news release also says plan sponsors are more [...]
NEW YORK– Investment bank Lehman Brothers Holdings Inc. says its fiscal first-quarter earnings fell 57 per cent due to a steep decline in the company’s capital-markets business.
Net income for the quarter ended Feb. 29 fell to $489 million (U.S.), or 81 cents per share, the company said yesterday.
That compared with earnings of $1.15 billion, [...]
CSX, Microsoft, Washington Mutual, Nacchio in Court News
By Elizabeth Amon
March 18 (Bloomberg) — CSX Corp., the third-largest U.S.
railroad, sued TCI Fund Management and 3G Capital Partners,
accusing the hedge-fund firms of trying to change control of the
company while evading reporting requirements.
[...]
