Posted by admin on June 15th, 2008
Tharwa Investment Company, a closed Kuwaiti shareholding company with a paid up capital of KD15m announces the launch of a new fund to expand the offers for its investors on local and regional level.
The Tharwa Arab Investment Fund delivers medium to long term capital appreciation primarily through investing in a diversified portfolio of quality stocks [...]
Posted by admin on June 15th, 2008
Retirement savers have been plowing money into foreign stocks, but experts say many are failing to consider taxes and how the investments fit within their overall plan.
Foreign stock mutual funds accounted for $722 billion in workplace retirement accounts, including 401(k) plans, and in individual retirement accounts last year, according to the Investment Company Institute, a [...]
Posted by admin on May 9th, 2008
Ford Motor Co. said Friday it first learned that billionaire Kirk Kerkorian was interested in investing in the automaker in early April but was “completely unaware” that he had begun buying shares until later in the month.
Investment Guide In a government filing, Tracinda Corp. outlined an April 4 meeting between Ford Chief Executive Officer Alan [...]
Posted by admin on May 9th, 2008
Government red-tape is keeping millions of American workers in small firms from saving for retirement, a U.S. mutual fund trade group executive said on Wednesday, limiting a huge potential market for the $11.7 trillion industry.
“Any employer thinking about offering a 401(k) plan today encounters a profusion of regulatory requirements, head-scratching complexities, and sobering legal liabilities,” [...]
Posted by admin on May 9th, 2008
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 [...]
Posted by admin on May 9th, 2008
Finance Minister Ibrahim Al-Assaf said yesterday that the Kingdom is setting up an SR20 billion investment firm that may be open to partners. The company will draw its capital from the General Investment Fund and would offer attractive opportunities in the Kingdom with low risks to foreign investors.
Speaking at the inauguration of the Euromoney Saudi [...]
Posted by admin on May 9th, 2008
The Azerbaijani Investment Company (AIC) is expected to receive a business-plan from MKT Istehsal Commerce on the project of cotton, hosiery manufacturing, Investment Banks as well as to reconstruct ‘Sumgayit hovlu iplik, Riad Gasimov, AIC Deputy Executive Director, stated.
“This project is very significant for us and we are planning to acquire 20% of participation [...]
Posted by admin on May 9th, 2008
WILMINGTON, Del.–Ford Motor Co. welcomes the significant investment by billionaire Kirk Kerkorian, company executives said Thursday, telling shareholders it underscores the strength of their turnaround plan.
Ford executives said their work to return the No. 2 U.S.-based car company to profitability by 2009 was taking hold and the recent acquisition of 4.7 per cent of the [...]
Posted by admin on April 27th, 2008
It seems that British investors are uncomfortable about asking for financial advice investment products from stocks and shares to asking for overseas property investment advice. A report from independent financial product researchers Defaqto, the Retirement Savings and Income Report, shows that consumers in the UK prefer to consult friends and family, Investment Company or [...]
Posted by admin on April 25th, 2008
The UK money market was the popular sector for Fidelity FundsNetwork Sipp investors over the last tax year. Investment Company Its end of tax year figures show Sipp investors have flocked toward cash and low risk funds.
Specialist, UK all companies, Investment Company and equity income fund sectors followed suit among the most favoured [...]
