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Investment Service News

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

3 hrs ago | Reuters

Goldman Sachs takes 2.27 percent stake in BES

U.S. investment bank Goldman Sachs acquired a 2.27 percent stake in Portugal's beleaguered Banco Espirito Santo the day after the bank's founding family was forced to offload a chunk of its shares, the bank said on Tuesday evening.

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Related Topix: Goldman Sachs, Financial Services, Espirito Santo Financial Group SA, World News, Brazil

6 hrs ago | Brandon Sun

A&W Revenue Royalties Income Fund has lower second-quarter net income

A&W Revenue Royalties Income Fund said Tuesday its second-quarter profit fell to $4.1 million, but total sales were up about 12 per cent as the fast food chain repositions its brand with beef raised without the use of hormones.

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Related Topix: Financial Services, AW Revenue Royalties Income Fund, Life, Fast Food, Food

9 hrs ago | Business Journal

AppDynamics raises $120 million more, fights legal battle

AppDynamics, which logs activity in computer applications used by millions of people each day, has locked down $120 million in financing as it looks to expand its online application monitoring and analytics platform globally.

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Related Topix: AppDynamics, Venture Capital, Emerging Technology, Kleiner Perkins Caufield and Byers, Startups, Financial Services, Kleiner Perkins Caufield & Byers, San Francisco County, CA, San Francisco, CA

11 hrs ago | Sunherald.com

TD Ameritrade's quarterly profit up 3 percent

TD Ameritrade CEO Fred Tomczyk says investors have remained bullish even as the markets slowed a bit in the summer.

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Related Topix: Financial Services, Ameritrade Holding

15 hrs ago | Hispanic Business

IShares Adds Low-Cost Access to Short Duration, High Quality Bonds to ...

On the heels of the successful launch of the iShares Core Series for Canadian investors earlier this year, this new fund will deepen the fixed income opportunities within the Core Series by offering investors low-cost exposure to high quality, liquid, short duration Canadian bonds , with a credit rating of A or higher.

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Related Topix: Financial Services, BlackRock, Financial Markets

Mon Jul 21, 2014

The Washington Post

Limousine liberalism

I've been thinking about this in light of the derision the Clintons are facing for charging six-figure speaking fees while pontificating about income polarization and the plight of the poor.

Comment?

Related Topix: Goldman Sachs, Financial Services, Warren Buffett, Opinion, US Politics, US News

Reuters

Former Qualcomm executive pleads guilty to insider trading

A former president of Qualcomm Inc's global business operations pleaded guilty on Monday to insider trading in shares of the mobile phone chipmaker and a company it bought in 2011, as well as to a related money laundering charge.

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Related Topix: Qualcomm, Jing Wong, US News, Financial Services, Merrill Lynch and Co

USA Today

Ackman promises death blow for Herbalife

A worker cleans the logo on the Herbalife sign as finishing touches are put on the company's new building in Torrance, Calif.

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Related Topix: AckmanZiff Real Estate Group, Financial Services, Torrance, CA, Goldman Sachs

West Australian

Fund managers unconvinced by Apple rebound as firm readies results

Apple, once a can't-miss stock, is finding it tough to persuade portfolio managers to come back into the fold.

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Related Topix: Apple, Startups, Financial Markets, Goldman Sachs, Financial Services, Cohen Group, Consulting, iPod touch App, Netflix, iPad App, iPhone and iPad App, iPhone App

JD Supra

Missoula, MT and Apple Valley, CA Team Up for Water Fight

In what might appear as a strange pairing, the city of Missoula, Montana and Apple Valley, California are collaborating on how to take back their local water systems.

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Related Topix: Missoula, MT, Carlyle Group, Financial Services

The Block Island Times

Deepwater Wind agent approved

Deepwater Wind's selection of the American Bureau of Shipping, known as ABS, as its agent to verify the design, construction and operation of the Block Island Wind Farm was unanimously approved by a subcommittee of the state Coastal Resources Management Council Tuesday, July 15. Deepwater Wind's selection must next go before the full council for a ... (more)

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Related Topix: Block Island, RI, Goldman Sachs, Financial Services

News Observer

The Journey: How much income will that 401(k) generate?

The retirement savings industry wants you to instead think about the monthly paycheck the account can generate.

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Related Topix: Personal Finance, Retirement, Financial Services, BlackRock, Pension

Automotive News

Settle down, Subaru; Barra already sold Buffett

The folks at Subaru were all a-Twitter when that photo of Warren Buffett in a new Outback went viral a couple of weeks ago.

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Related Topix: Twitter, Warren Buffett, Cadillac XTS, Cadillac, Sedan, Construction, Berkshire Hathaway, Empire Group

EDGE

$12.3M Gift to Help Restore Robert E. Lee's Home

A historic plantation originally built as a monument to George Washington overlooking the nation's capital, a site that later was home to Confederate Gen.

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Related Topix: Washington, Carlyle Group, Financial Services, National Park Foundation, Charitable Organizations, US National Parks, Washington Monument

Reuters

A Fox-Time Warner deal would give Murdoch new heft in China

Rupert Murdoch's plan to buy Time Warner would help the Twenty-First Century Fox chairman make larger inroads in China, a fast-growing market that media moguls are finding hard to crack.

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Related Topix: Media, Television, Cartoon Network, Financial Services, Gabelli Asset Management

Sun Jul 20, 2014

AmericanBankingNews.com

PHX Energy Services Corp Given Consensus Recommendation of "Buy" by Analysts

Shares of PHX Energy Services Corp have received a consensus rating of "Buy" from the eight brokerages that are presently covering the stock, AnalystRatings.NET reports .

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Related Topix: Energy, Panhandle Oil and Gas, Financial Services, Morgan Stanley, Investment Banking

Bloomberg

Argentina Countdown to July 30 Deadline: Default or Boom

Argentina is set to default in less than two weeks unless it reaches a deal with holders of defaulted bonds or U.S. courts grant a delay to allow the nation to continue servicing restructured bonds.

Comment?

Related Topix: Financial Markets, Goldman Sachs, Financial Services

Hindustan Times

Will it be Nikesh vs Mukesh in Indias 4G wars

Mukesh Ambani-led Reliance Jio is set to usher in 4G services next year. Last week, I was tempted to say, it is now perhaps Nikesh vs Mukesh in India's telecoms, after Nikesh Arora quit as chief business officer at Google Inc and headed to become vice-chairman of Japan's SoftBank where he starts in October.

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Related Topix: Mukesh Ambani, SoftBank, Financial Services, Google, Startups, T-Mobile

RecordNET

Chap. 9: selective hearing

Stockton officials wait eagerly, perhaps impatiently, for Federal Judge Christopher Klein to make his ruling on the city's bankruptcy case.

Comment?

Related Topix: Stockton, CA, Economics News, Bankruptcy, California Public Employees Retirement System, Financial Services, San Joaquin, CA

The Coastal Courier

LCDA approves bond resolution

The Liberty County Development Authority held a called meeting Tuesday to approve a resolution to restructure bond debt.

Comment?

Related Topix: Financial Services, Nuveen Investments

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