Star Athletes Real Estate Investment Sours

New England Patriots offensive lineman Matt Light and about 20 other star athletes loaned more than $8 million to a California real estate company that teamed up with Fidelity Investments and Citigroup Inc. to invest in apartment complexes before collapsing and filing for bankruptcy protection.
Light, Toronto Blue Jays ace Roy Halladay and Los Angeles Angels [...]

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 [...]

Ford Says It First Learned Of Kirk Kerkorian’s Interest In Investment In Early April

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 [...]

Agentek Closes $8 Million in Growth Financing

Funding Enables Expansion of Sales and Marketing and Continued Product Innovation [...]

Greylock Partners Israel Leads a $10 Million Investment Round in Webcollage

WebCollage, a leading content exchange for manufacturers and their business partners, [...]

UPDATE 2MOVESCitigroup Merchants ValueRich others

(Adds Citigroup, Merchants Bancshares, ValueRich, Associated
Banc-Corp, Nova Biosource Fuels, Amerinet, Omnihome, Ameriana,
Council of Federated Home Loan Banks, Integral Systems,
TIAA-CREFF)
NEW YORK, March 20 (Reuters) - The following financial
services industry appointments were announced on Thursday. To
inform us of other job changes, please e-mail
moves@reuters.com.
CITIGROUP (C.N: Quote, Profile, Research)
Citigroup named John [...]

European Factors Futures point to lower open inflation eyed

(Releads with futures, adds more company items, analyst comment)
LONDON, March 28 (Reuters) - European stock index futures pointed to a
slightly lower open on Friday as fears about bank losses persisted, with
investors seeking clues to the future of U.S. interest rates from a key
inflation indicator later in the session.
Futures [...]

JPMorgan offers bonuses to Bear brokers

NEW YORK (AP) — JPMorgan Chase %26amp; Co. is offering bonuses to the top brokers at Bear Stearns Cos. to get them to stay with the company after it is acquired, JPMorgan said Tuesday.The packages, which would go into effect when JPMorgan’s buyout is completed, are aimed at keeping Bear Stearns’ best-performing brokers from leaving [...]

Citigroup Slips After 10 Years as Biggest U.S. Bank

A decade after its merger with Travelers Group Inc. created the No. 1 U.S. bank by assets, Citigroup Inc. is the stock market’s inferior investment compared to Bank of America Corp., JPMorgan Chase & Co. and the Standard & Poor’s 500 Index.
No wonder Citigroup Chief Executive Officer Vikram Pandit, just four months into the job, [...]

3Com shareholders to vote on buyout

MARLBOROUGH, Mass. (AP) — 3Com Corp. said Wednesday it plans to proceed with its currently scheduled meeting on Friday so shareholders can vote on its pending takeover.The board continues to recommend that shareholders vote in favor of the proposed $2.2 billion buyout by Bain Capital Partners LLC and China’s Huawei Technologies Co. Under terms [...]