3 Winners You Don’t Know About
MSN MoneyCentral - If you sensed a trick question or happened to be the astute investor who picked SJW, a nice chunk of cheddar awaits. Blowout returns for the boring Purifying and distributing water has been good for San Jose, Calif.-based SJW and its investors. The

Investor activists zero in on tech firms: Moody’s
Globe and Mail - NEW YORK — Technology companies increasingly are becoming the target of activist shareholders who push them to make strategic moves that can injured corporate credit strength, according to a report released on Friday. The study, from Moody’s Investors

Some coal producers hit highs as Arch’s 4th-qtr earnings, ‘08 view
CNBC - Some coal producers hit highs as Arch’s 4th-qtr earnings, ‘08 view lift investor’s confidence NEW YORK - Shares of most coal producers rose Friday, as better-than-expected earnings from Arch Coal boosted investors

Report says billionaire investor Icahn has built big stake in retailer
CNBC - PLANO, Texas - Shares of J.C. Penney Co. rose 2.4 percent Friday on a published report that activist billionaire investor Carl Icahn has quietly amassed a huge stake in the department store operator. The Wall Street Journal, citing people familiar

Betting on death in the insurance business sparks controversy
Newsday - Buerger states the compounded rate for the end investor on a portfolio of policies is typically 9 percent or 10 percent. Life settlements appeal to investors’ appetite for “uncorrelated” investments — ones that generate steady returns largely

World Bank Using U.S. Funds To Boost Iranian Industry, Gas Sectors
FOX News - Contacted by FOX News, a World Bank spokesman noted that MIGA’s $127 million in guarantees was approved by the agency back in 2005, and that such guarantees don’t involve disbursement of funds unless a claim is made by a foreign investor. “The World

THE WEEKLY RECAP
Patriot Ledger - BILLIONAIRE INVESTOR HITS CAMBRIDGE BIOTECH Billionaire investor Carl Icahn lashed out at the management of Cambridge biotech Biogen Idec Inc., saying the company’s current search for an acquirer was rigged to fail. Icahn, who has invested heavily in

Fed lifeline drags down bond yields
Chicago Tribune - Whenever an investor sees a higher interest rate, whether on a preferred stock or on bonds, it is for a reason: To lure a person into buying something they might otherwise resist if the return was less alluring. So while many individual investors have

Sears’ turnaround plan short on details, long on odds
Chicago Tribune - At a Seattle gathering of CEOs in Might, Crate & Barrel retail visionary Gordon Segal sat next to billionaire investor Edward Lampert and asked: Why did you purchase Sears? He purchased Sears, the financier told the merchant, because he planned to turn it

Changes in business section
Minneapolis Star Tribune - But on our new Minnesota Investor page you will find an in-depth look at the performance of Minnesota’s 100 largest companies, a digest that helps readers make sense of what’s happening in the broader markets, and Gene Walden’s investing column

Lessons from Nils Taube, sage of sinking markets
Times Online - Jonathan Miller of Citywire, a financial website which rates hundreds of fund managers, said: “Taube is the most experienced investor in the UK who has produced exceptional performance over the years. He has shown an eye for spotting global trends

French President Marries Model
Newsday - During their courtship, Sarkozy was nicknamed the “bling-bling president” by the media as the couple flew in a private jet borrowed from a billionaire investor and reportedly lavished each other with pricey presents. Their relationship proved

Punch Taverns cosies up to ailing M&B for £3.7bn merger
Times Online - One institutional investor stated they would support the board as long as it worked to bring about a deal swiftly. Even though Punch is mainly a tenanted pub company, it has a sizeable managed pub division called Spirit. M&B consists entirely of managed

Is it time to invest in American funds?
Times On the web - Martin Bamford at independent adviser Informed Choice, said that, despite all the speak of recession in the US, it is still a good time for the long-term investor to buy into North American company shares. “The combination of another Federal Reserve

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Who’s Blogging
Washington Post - Even though Americans are alarmed by the credit crisis convulsing the economy, they’re sensibly placid about one consequence of the crisis. It is the substantial investment by sovereign wealth funds — government-owned and -run investment funds — in

Six Nations: Williams to pay back Gatland’s investment with interest
Guardian Unlimited - After Martyn Williams had played a pivotal role in helping Cardiff Blues defeat Bristol in the opening round of the Heineken Cup last November he was asked if he would reconsider his decision to retire from international rugby. His reply was

ICAHN BUYS INTO PENNEY
New York Post - At last month’s retail event, sponsored by the investment bank Financo, Icahn called Macy’s CEO Terry Lundgren “a lovely guy.” “I see him at tennis matches and state, ‘Terry, why aren’t you working?’” Icahn told the crowd. Penney said this week it will

Microsoft bids to buy Yahoo
Reuters UK - The shares of Microsoft, which has a market capitalization of about $300 billion, fell 6.6 percent as some investors worried the world’s top software maker might be overpaying for Yahoo and could have a hard time getting a return on its investment.

Hedge Fund Manager Devaney Returns to Subprime After Yacht Sale
Bloomberg - TCW Group Inc. and Pacific Investment Management Co. are also betting that prices will recover. “Just because I lost money doesn’t mean I will quit, no way,” Devaney, who sold his boat “Positive Carry” and Gulfstream IV, said in a

Yahoo price tag hefty, but timing seems right
Seattle Times - You’ve got a company with a lot of money and a very liquid stock that really wants to buy something,” said Brad Gevurtz, head of investment banking at D.A. Davidson in suburban Portland. Microsoft valued its offer for Yahoo at $44.6 billion, which

European Stocks Rise, Snapping Seven-Week Rout; Rio Rallies
Bloomberg - As we saw with UBS, we’ve to wait until banks publish their earnings to see the subprime damage,” stated Roland Lescure, chief investment officer at Groupama Asset Management in Paris, which oversees $133 billion. “The crisis isn’t over

Readers’ Platform: Taps for Yahoo?
San Francisco Gate - Unless they’re buying them out to keep them from taking market share (from Microsoft), it’s an overall bad investment. If they’re just wanting to liquidate Yahoo, then there is probably no better time (or offer) possible for both companies. By the

Iraq ends cooperation with Austria OMV over its Kurdish oil deals
CNBC - The dispute has delayed passage of the national oil and gas law designed to regulate foreign investment in Iraq vast reserves. Frustrated with this delay, the Kurds have signed 15 production-sharing contracts with 20 international oil companies. The

Microsoft-Yahoo deal might create more competition
International Herald Tribune - It is good for investment. It is good for competition.” A combined Microsoft and Yahoo would beat Google in Web traffic and come closer in ad revenues. Most importantly, the pair would give Google a greater challenge as it tried to enter display

Credit Cards Of 160,000 People Stopped
Sky.com - said 7% of its two million credit card customers would be affected. A spokesman insisted the move was not linked to the credit crunch. He stated it followed a “risk review” of its customers which was carried out after Egg was purchased by the investment

Alumina giants in $16bn Rio raid
News.com.au - They (Chinalco and Alcoa) will want to make sure they are the preferred bidders if anything comes up for sale and it may well suit BHP and help them to pay more for Rio,” Mr PAtterson said. The move is the largest cross-border investment by a Chinese

Welfare is a mess, says adviser David Freud
Daily Telegraph - The investment banker who helped to raise £50 billion for firms such as Eurotunnel, Railtrack and EuroDisney, had a reputation for solving impossible problems. “If it was horrid, I got given it,” he says. There can be few things more horrid than the

Google forces Microsoft’s hand
International Herald Tribune - In the past, when Microsoft moved beyond its stronghold in desktop computer software - and into areas like Xbox video games and data-center software - it has done so mainly with in-house investment, patience and tenacity. Microsoft stuck to

The world’s economies have developed ever-closer links since 1950, in
BBC News - The world’s economies have developed ever-closer links since 1950, in trade, investment and production. Known as globalisation, this process isn’t new, but its pace and scope has accelerated in recent years, to embrace more industries and more

PNC bank doubles bad loan reserves
Baltimore Sun - Last month, bank executives estimated pretax CDO write-downs of $3 billion, a $300 million write-down of a troubled investment, $600 million in support for cash funds and $230 million for the Visa settlement with Amex. “Based on conditions today, we

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