Blackstone Group And Private Equity Peers Fall From Wall Streets Heights

A year ago, private equity executives were Wall Street’s new masters of the universe, riding an era of easy money to unparalleled success by pulling off record-setting buyouts and pulling down monstrous paydays.
The industry became so synonymous with making money that buyout giant Blackstone Group, a specialist in taking companies private, itself went public in [...]

Investment Advice Experts

Brewin Dolphin is the only UK investment management firm to have its investment banking division headquarters outside London. Francesca Craggs speaks to Graeme Summers, who heads the Newcastle-based operation.
THINK investment banking and the City of London or Wall Street probably springs to mind. Not many people may know the North East can boast its very [...]

Goldridge Appoints Joe Byrne To Its Board

Leading independently owned investment advice and financial planning company Goldridge Wealth Management (Goldridge) has appointed Joe Byrne to its board of directors. Byrne, who was Goldridge’s Investment Manager, now has responsibility for the leadership of the company’s investment analysis and research team and becomes its Investment Director.
Goldridge’s Chairman Daniel Mintz said, “Joe’s appointment is consistent [...]

Prospect Capital Schedules Third Fiscal Quarter Earnings Release and Conference Call

Prospect Capital Corporation (NASDAQ: PSEC) (the “Company”) announced today that it expects to file with the Securities and Exchange Commission its report on Form 10-Q containing its third fiscal quarter results for the period ended March 31, 2008, by Monday, May 12, 2008. The Company expects to issue its earnings press release before the opening [...]

Madhvani Eyes New Investments In Country

The Madhvani group is set to scale up its investment portfolio in Rwanda with new ventures valued at US$20 million in the telecoms, tourism and insurance sectors.
The group already has investments worth $13 million in the sugar industry.
Mr. Mayur Madhvani, the group managing director recently presented his investment plans to President Paul Kagame.
The Madhvani group [...]

Isa Sales Plunge To Record Low As The Credit Crunch Bites

Isa Sales Plunge To Record Low As The Credit Crunch BitesSales of tax-free individual savings accounts (ISAs) for the 2007-08 tax year are expected to be the worst on record, as fears over the credit crunch and the precarious nature of the economy take their toll.
Desperate attempts by fund managers and independent financial advisers to [...]

Clinton Should Stay In Race For Now

The days of picking a party’s presidential candidate in a smoke-filled back room are over Investment Services. Now, the party bosses go straight to the television cameras to try to publicly muscle candidates out of the race.
Another unabashed attempt to shove Sen. Hillary Clinton out of the race for the White House emerged this [...]

Brown Says U.K. Taking Steps To Limit Credit Crunch

April 1 Prime Minister Gordon Brown said the U.K. government will help first-time homebuyers and take steps to combat a surge in credit costs, the latest effort to regain voters’ confidence in his handling of the economy.
Brown said Britain has asked global financial regulators to meet more regularly and for banks to disclose losses more [...]

Trade and Investment held its first meeting for the year

The General People’s Committee for Economy, Trade and Investment held, today in Tripoli, its first meeting for the year.
At the start of the meeting, the Committee reviewed content of the Leader’s speech before the General People’s Congress on the 31st anniversary of proclamation of the people’s authority regarding this sector.
The Committee followed-up executive status of [...]

Midcap watch Tulip IT Services Gammon Infrastructure Lupin

Tulip IT Services has a
strong presence in the domestic market for data connectivity and network
integration services. It is the market leader in new data communications
technologies in the country. It is expected to benefit from the recent Budget
announcements regarding initiatives to improve connectivity and information
dissemination across states.
BUSINESS:
The
Rs 843-crore company is engaged in enterprise [...]