Crime journal
St. Petersburg Times - Jordan Gann, who police state posed as a wealthy doctor and real estate investor to scam single women across the country, pleaded guilty Tuesday to grand theft. He’s accused of stealing $750 from a Largo biochemist at a Tampa mall. It’s a charge
Oil prices rise to mid-$96 a barrel
Boston Globe - Part of the recovery of oil yesterday and this morning is due to fresh investor funds coming into oil and commodities,” Shum said. Analysts said reports that Nigerian militants are planning attacks on the nation’s oil facilities were also sending
Bear Stearns announces new leadership
International Herald Tribune - The collapse of two hedge funds managed by Bear Stearns this summer, which resulted in $1.5 billion in investor losses, started a run of executive firings, investor recriminations and regulatory investigations that shows no sign of abating. U.S
New Zealand shares close lower as weak sentiment persists
CNBC - WELLINGTON (Thomson Financial) - New Zealand shares closed lower Wednesday amid weak investor sentiment. The benchmark NZX-50 index fell 16.23 points or 0.4 percent to 3,912.17. The index hit a low of 3,883.76, a level not seen since December 2006
COMMENT & ANALYSIS
Daily Telegraph - Ian Cowie has written about personal finance for more than twenty years. His insightful and personal weekly columns are a must read for the private investor.
ArcelorMittal Enters Agreement to Acquire Unicon, Venezuela’s Leading
MSN MoneyCentral - is listed on the stock exchanges of New York (MT), Amsterdam (MT), Paris (MTP), Brussels (MTBL), Luxembourg (MT) and on the Spanish stock exchanges of Barcelona, Bilbao, Madrid and Valencia (MTS). Contact Information: ArcelorMittal Investor
Treasury seeks private Northern Rock sale
Daily Telegraph - However, yesterday the investor advisory group Pirc stated Northern Rock shareholders should withhold their support from the proposals, as it was “not persuaded” that existing takeover rules are inadequate. The group also stated shareholders should
Hong Kong shares end morning up as bargain-hunting reverses early fall
Forbes - As investor confidence in chasing up stocks remains fragile, rotational buying may continue to dominate trading activity in the local market near term,’ said Paul Lee, senior analyst at Tai Fook Research. Lee said the trend of switching between blue
Chinese airline battle takes acrimonious twist
Daily Telegraph - When it comes to introducing a strategic investor, we’ll not consider Air China,” Mr Li added, in a rare public rebuke to what’s in effect a competing arm of the Chinese government. “We still think Singapore Airlines is the ideal cooperation partner
Wall Street backs also-rans in US election
Daily Telegraph - Republican hopeful Rudy Giuliani, New York’s former mayor, has obvious Wall Street connections, with support from Greenberg and Grasso, as well as activist investor Carl Icahn, real estate magnate Sam Zell and Ted Forstmann, founder of private equity
HK Might Bar Tycoons as Cornerstone IPO Investors
CNBC - There are concerns that the practice of cornerstone investor placements might be a form of unequal treatment,” the newspaper quoted Low Chee Keong, a member of the stock exchange’s listing committee, as saying. “In some cases, nearly 10 percent of an
Cayne Out As Bear Stearns CEO
Philadelphia Inquirer - He alone owns about 4.9 percent of Bear Stearns shares, making him the second-largest individual investor after billionaire Joseph Lewis, according to regulatory filings. Cayne also stated last month that he and other top leaders gave up their bonuses
Online Manufacturing Marketplace MFG.com Receives $26 Million
Forbes - The investment was led by Fidelity Ventures and Fidelity Asia Ventures, with an additional contribution by existing investor European Founders Fund (EFF). The funds will be utilized for MFG.com’s continued global expansion, technology development
Wavecom: Sunlink International Integrates Wavecom Q24 Plus Wireless
MSN MoneyCentral - an extensive geographic reach and is supported by an R&D and technical support center in the Shenzhen High-Tech Zone and liaison points in Beijing and Shanghai. Contact Information: Wavecom Lisa Ann Sanders Director Communications and Investor
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