Posted by admin on June 20th, 2008
Peter Lynch, the famed investor and vice chairman of Fidelity Investments, often advised to “invest in what you know.”
Maybe that’s why Francis Koenig thinks Wall Street is ready to come around to putting big money into the adult-entertainment business.
Koenig is chief executive officer and founder of AdultVest Inc., “the world’s first and only investment community [...]
Posted by admin on June 9th, 2008
ISLAMABAD: All major economic indicators, Foreign Direct Investment (FDI), exports, Large Scale Manufacturing (LSM), saving and investment and tax collections witnessed negative growth in the outgoing fiscal year 2007-08.
Foreign Direct Investment: According to the State Bank of Pakistan data, the net foreign private investment during July-March 2007-08 has declined by 46.3 percent over the corresponding [...]
Posted by admin on June 5th, 2008
Deutsche Bank AG.’s co-head of investment banking, Anshu Jain sees ’some normalisation’ but does not consider the global financial crisis to be over yet.
‘Is the crisis behind us? Market indicators point to different conclusions,’ he said according to a presentation at an investors’ conference.
Jain estimates U.S. house prices will decline by a further 13 percent [...]
Posted by admin on June 5th, 2008
Lehman shares fell another 3.6 percent before the bell on Wednesday in electronic trading ahead of the New York Stock Exchange open. Over the past three days, the stock has tumbled 18 percent, chopping nearly $4 billion of market value from the company.
According to the newspaper, options for Lehman in Korea include the state-run Korea [...]
Posted by admin on May 31st, 2008
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 [...]
Posted by admin on May 31st, 2008
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 [...]
Posted by admin on May 23rd, 2008
Great Portland Estates showed its resilience in the face of the market downturn, significantly outperforming its central London benchmark.
The company’s results for the year to 31 March revealed a 2% dip in net asset value to 582p a share and a total property return of 2.6%, 7.4% ahead of the Investment Property Databank central London [...]
Posted by admin on May 7th, 2008
Vinod Aachi, head of equity structuring, private banking and retail coverage Asia ex-Japan at Deutsche Bank, provides a perspective on what the credit crisis and the return of volatility have meant for the structured products market in Asia and how issuers of such products can remain relevant in the current market environment.
It’s no surprise that [...]
Posted by admin on May 1st, 2008
Prudential Financial Inc., the second-largest U.S. life insurer, said net income plummeted 94 percent to its lowest level in five years, hobbled by losses tied to commercial mortgages and subprime home loans.
The insurer said it quit securitizing commercial mortgages after the company’s first-quarter profit declined to $69 million from $1.12 billion a year earlier. Prudential, [...]
Posted by admin on April 25th, 2008
A growing number of 401(k) plan executives are demanding to know how much in excess revenue is generated by their plans and how they can get their hands on that money to cut costs and enhance services to participants.
Among those that have gone through the process: Akzo Nobel in Chicago, with $1.6 billion in plan [...]