Ness Technologies Settles Arbitration Case, Takes Fourth Quarter
MSN MoneyCentral - Ness Technologies media contact: David Kanaan USA: 1-888-244-4919 Intl: + 972-3-540-8188 Email: media.int@ness.com Ness Technologies investor contact: Drew Wright USA: 1-201-488-3262 Email: investor@ness.com Copyright

Indonesia’s Bumi sees coal price rising to $150/tonne
Reuters - The sharp rise in coal prices could boost Bumi’s revenue significantly as it expects at least a 25 percent rise in its 2008 average coal prices from last year, Dileep Srivastava, Bumi’s senior vice president of investor relations, told reporters. He

Barroso Says Growth Outlook May Be Lowered `Slightly’ (Update1)
Bloomberg - The problems in the U.S. economy will impact on the global economy,” Barroso said. “Investor confidence has been undermined. It’s essential that losses be disclosed as transparently as possible,” he added. “Central banks have

The Gores Group Completes Acquisition of Sagem Communications
Forbes - The Gores Group, LLC has become a leading investor having demonstrated over time a reliable track record of creating substantial value in its portfolio companies alongside management. The firm’s current private equity fund has committed equity

ROUNDUP French govt seeks to steer SocGen board meeting toward ousting
CNBC - The debacle has rocked investor confidence in one of France’s main financial institutions just as the global market turmoil stemming from the US sub-prime loan crisis is at its peak. After disclosing the alleged fraud last week, the bank’s share

Philippine shares close slightly higher on caution ahead of Fed
CNBC - MANILA (Thomson Financial) - Philippine shares shut slightly higher on Tuesday as caution tempered investor optimism that the Federal Reserve will slash interest rates again this week after last week’s surprise 75-basis point cut. Stocks opened

BSkyB ordered to cut ITV stake
International Herald Tribune - The ruling would cost BSkyB around 250 million pounds if it sold at the level of Monday’s closing share price as the value of the shares has dropped since it purchased them. BSkyB has previously said it is a long-term investor and it now has up to four

London shares outlook - higher, NY rebounds, investors await earnings
CNBC - Elsewhere, TUI Travel will host its investor day and give a further update on trading and its strategic review this day. The package holiday operator, which was formed from the merger of First Choice Holidays and the tourism businesses of German firm Tui

Asian Stocks Rise On Expectation Of Fed Rate Cut
Forbes - Even so, Japanese stocks are unlikely to advance on their own due to a cool investor attitude toward the market.” Hong Hong’s benchmark Hang Seng Index was up 2.12%% to 24,563.35 points at midday, boosted by energy and coal stocks on news of

Sallie Drops Lawsuit Over Disputed Fee For Breakup
Washington Post - He contrasted his “land-grant” education as “a Penn State guy” to billionaire investor J. Christopher Flowers’s Harvard background and stated at one point that he would not accept a reduced price. Later, he urged Flowers to reopen negotiations, but

Elekta: Invitation to Investor Day in Crawley, UK, March 12
MSN MoneyCentral - Elekta (STO:EKTA) will publish its 9 month report on March 10 at around 13.00 CET followed by a teleconference at 15.00 CET on the same day. On March 12, Elekta will arrange an Investor Day at the company’s Product Supply Center Oncology in Crawley

Chinese-style hedge funds lure top managers
Forbes - Unlike their overseas peers, they are barred from issuing shares by themselves to create pools of investor money. That means many private fund managers have the complex task of operating dozens of individual trading accounts held by clients. Capital

Jet Airways to raise $800 million
Times of India - Jet, which last year put a $400 million rights issue on hold because of a global credit crunch, will kick-start the process in two weeks and close the issue 90 days later, KG Vishwanath, senior general manager of investor relations said. “We’re

Emerging Market Debt Rises Sevenfold Since 1994, Says ABN Amro
Bloomberg - Economies boosted by surging commodity prices and slowing inflation are driving demand from pension and mutual funds for emerging-market debt, fueling investor returns. The bonds handed investors 10.8 percent in the past 12 months, according to the

Steel Partners Japan Urges Noritz to Include Value Enhancement Steps
Forbes - Plan Summary disclosed by the Company on December 21, 2007, and SPJSF therefore makes no representation regarding their accuracy. About SPJSF Steel Partners Japan Strategic Fund (Offshore), L.P. is a long-term relationship/active value investor

Ituran Location and Control Ltd. Schedules its Fourth Quarter
MSN MoneyCentral - On the call, management will review and discuss the results, and will be available to answer investor questions. To participate, please call one of the following teleconferencing numbers. Please begin placing your calls at least 10 minutes before

Hidden fees clip boomer nest eggs
Seattle Post Intelligencer - The most an investor should pay for a mutual fund-based 401(k) is 1 percent, said Gregory Kasten, a financial planner who advises wealthy people on $2 billion in investments at Lexington, Ky.-based Unified Trust Co. “If the fees in a plan are costing

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