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Investment Service News

Investment Services news continually updated from thousands of sources around the net.

1 hr ago | WVNY

Top employers for global business undergrads

In the global war for talent, the likely winners are U.S.-based global companies that offer border-crossing career opportunities and appeal to the wanderlust of a new generation.

Comment?

Related Topix: Google, Startups, Investment Banking, Financial Services, Goldman Sachs Group, Travel, Germany Travel, Europe, World News, United Kingdom, Banking, JP Morgan Chase

Fri Nov 20, 2009

Penticton Herald

Hershey may make US$17-billion bid for Cadbury, topping Kraft, Journal reports

Hershey Co. may make a US$17-billion bid for UK candy company Cadbury PLC, topping the recent $16.5-billion hostile offer by Kraft Foods Inc., the Wall Street Journal reports Friday.

Comment?

Related Topix: Hershey, PA, Food, Hershey Foods, Kraft Foods, Warren Buffett, Construction, Berkshire Hathaway, Insurance

ClipSyndicate

BlackRock's Arledge Discusses Bond Yields, Fed: Video

Nov. 19 -- Curtis Arledge, who helps manage more than $500 billion as co-head of fixed-income portfolio management at BlackRock Inc., talks with Bloomberg's Erik Schatzker and Deirdere Bolton about the implications of excess liquidity for markets, the Treasury yield curve, and the outlook for U.S. economic growth.

Comment?

Related Topix: Financial Services, BlackRock, Video, Business News

The Huffington Post

Rep. DeFazio: Fire "Timmy" Geithner

Rep. Peter DeFazio called for the firing of President Barack Obama's top two economic aides on Wednesday for pursuing a recovery plan skewed too heavily towards Wall Street's favor.

Comment?

Related Topix: Peter DeFazio, US Politics, US News, US House of Representatives, Democrat, Barack Obama, Senator Ben Nelson, US Senate, Investment Banking, Financial Services, Goldman Sachs Group

Business

Goldman's $500 million is late, short

So now we know the value Goldman Sachs Group Inc. places on salving its conscience for screwing up what Chief Executive Lloyd Blankfein called ''God's work.'' It seems that $500 million is all it takes to compensate the world for Goldman's role in creating the credit crunch.

Comment?

Related Topix: Investment Banking, Financial Services, Goldman Sachs Group, Life, Charity , Construction, Berkshire Hathaway, Insurance, Warren Buffett

ABC News

Investors Ask Goldman to Be Less Greedy: Report

Big shareholders at Goldman Sachs have asked the U.S. bank, on track to deliver $20 billion in bonuses, to pass more profit to investors after it quadrupled quarterly net profit, the Wall Street Journal reported.

Comment?

Related Topix: Financial Services, Goldman Sachs Group, Investment Banking

Seattle Post-Intelligencer

Banking woes seen by La. company as opportunity

A Louisiana banking company sees the worst rash of bank failures in two decades as fertile ground to expand well beyond the state line.

Comment?

Related Topix: Financial Services, Raymond James Financial, Naples Metro, Naples, FL, Sarasota Metro, Sarasota, FL

Thu Nov 19, 2009

Fox 8 - WJW

Berkshire Hathaway lines up $8B loan to help pay for $26.3B acquisition of BNSF railroad

Warren Buffett's company has lined up an $8 billion loan to help pay for its $26.3 billion acquisition of Burlington Northern Santa Fe Corp.

Comment?

Related Topix: Berkshire Hathaway, Insurance, Construction, Warren Buffett, Railroads, Burlington Northern Santa Fe

ClipSyndicate

Kramer Says NBC Universal Deal Would `Test' Regulators: Video

Nov. 19 -- Larry Kramer, an adviser to Polaris Venture Partners, talks with Bloomberg's Betty Liu about plans by General Electric Co.

Comment?

Related Topix: Venture Capital, Financial Services, Emerging Technology, General Electric, Aerospace-Defense, Business News, Video

NY Daily News

Under attack, Geithner defendscostly AIG bailout

Timothy Geithner, U.S. treasury secretary, testifies at a joint Economic Committee hearing on financial regulatory overhaul in Washington, D.C., U.S., on Thursday, Nov.

Comment?

Related Topix: US News, Insurance, American International Group, US Politics, Kevin Brady, Republican, US House of Representatives, Investment Banking, Lehman Brothers Holdings, Financial Services, Christopher Dodd

Reuters

Blackstone's Pinnacle to buy Birds Eye

Blackstone Group's Pinnacle Brands Corp is expected to buy U.S. frozen vegetable company Birds Eye Foods for more than $1.3 billion, a source familiar with the matter said on Thursday.

Comment?

Related Topix: Financial Services

Seeking Alpha

Charity Begins at Goldman

Goldman Sachs seems addicted to excess, whether in the form of executive compensation, leverage, bonuses, or charitable giving.

Comment?

Related Topix: Investment Banking, Financial Services, Goldman Sachs Group

KSTP-TV Minneapolis

E-Trade rallies after reports spur takeover talk

NEW YORK - E-Trade Financial Corp. shares surged late Wednesday after media reports fed speculation that rival online broker TD Ameritrade Holding Corp.

Comment?

Related Topix: Financial Services, Ameritrade Holding, 9, Omaha, NE Metro

Wed Nov 18, 2009

Millville News

Resorts Atlantic City says it has serious doubts on continued operations

A day before New Jersey's oldest casino is expected to hand over the keys to its lenders, who haven't been paid in a year, the casino laid out just how bad its financial condition is.

Comment?

Related Topix: Atlantic City, NJ, Financial Services

ClipSyndicate

Ellis Not Surprised by Goldman Chief Blankfein's Apology: Video

Nov. 18 -- Charles Ellis, founder of Greenwich Associates and author of "The Partnership: The Making of Goldman Sachs," talks with Bloomberg's Deirdre Bolton and Erik Schatzker about yesterday's apology by Goldman's Chief Executive Officer Lloyd Blankfein for the firm's role in some of the activities leading to the financial crisis.

Comment?

Related Topix: Investment Banking, Financial Services, Goldman Sachs Group, Business News, Video

TwinCities.com

Wis. pension agency clamps down on pricey flights

The agency that manages Wisconsin's pension fund has tightened its travel policy to discourage employees from purchasing expensive business class flights.

Comment?

Related Topix: Wisconsin, Wisconsin Government, Financial Services

New York Times

Silicon Valley Firm Raises Big Fund for Mix of Deals

Norwest Venture Partners has raised $1.2 billion for a new venture capital fund, an optimistic sign for technology start-ups. LifeSize Norwest Venture had invested in the videoconferencing start-up LifeSize Communications, which Logitech bought this month.

Comment?

Related Topix: Venture Capital, Emerging Technology, Startups, Norwest Venture Partners, Financial Services, Science / Technology

WNED.org

Madoff deputy DiPascali released from jail

Frank DiPascali, a former top deputy to imprisoned Ponzi schemer Bernard Madoff, has been released from prison after having been denied two prior bail requests, according to the Federal Bureau of Prisons' website.

Comment?

Related Topix: Prison, Bernie Madoff, Financial Services

FOX59.com WXIN-TV Indianapolis

Principal Financial insurance and financial services president to retire

The Principal Financial Group Inc. said Tuesday its president of insurance and financial services will retire at the end of this year.

Comment?

Related Topix: Principal Financial Group, Financial Services, Insurance

Tue Nov 17, 2009

Netscape

Ford Stock Reaches 2-Year High; Soros Takes Stake

Ford Motor Co., two weeks after posting a surprise $997 million third-quarter profit, closed today at its highest price in more than two years, benefiting investors including billionaire George Soros.

Comment?

Related Topix: Financial Services

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