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Investment Service News

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

3 hrs ago | KMIZ

Buffett sees $2 billion increase in profits

The company, a broad-based investment conglomerate that includes diverse names like Geico Auto Insurance, Burlington Northern Santa Fe Railway, Dairy Queen, Benjamin Moore, Fruit of the Loom, Heinz, and See's Candies, earned a profit of nearly $6.4 billion, up from $4.5 billion during the same period last year.

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Related Topix: Food, See's Candies, Construction, Berkshire Hathaway

5 hrs ago | Sydney Morning Herald

Silver doughnut that ate nest eggs

Glancing up at the sparkling silver doughnut logo as he walked into the millionaires' factory for a meeting with his Macquarie Private Wealth adviser in July 2009, Don Waller was hopeful that this meeting would be kinder than the last.

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Related Topix: Goldman Sachs, Financial Services

7 hrs ago | Reuters

Michael Jackson's Neverland estate being considered for sale

Late pop singer Michael Jackson's Neverland estate is being considered for sale, a spokesman for the company controlling the property said on Friday.

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Related Topix: Dance, Black Entertainment, Pop/Rock, Michael Jackson, Financial Services, Colony Capital, California

9 hrs ago | Ledger-Enquirer.com

Berkshire Hathaway 2Q profit jumps 41 percent

Berkshire Hathaway Inc. said Friday that its net income grew to $6.4 billion, or $3,889 per Class A share.

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Related Topix: Business Wire, Berkshire Hathaway , Startups, Insurance, Empire Group, Construction, Berkshire Hathaway, Warren Buffett, Washington Post, Publishing

11 hrs ago | The News Tribune

Initial public offerings scheduled to debut next week

Minneapolis, 1.6 million shares, priced $12 to $14, managed by MLV & Co. Proposed Nasdaq Capital Market symbol GWGH.

Comment?

Related Topix: Investment Banking, Financial Services, Jefferies Group, Norway, World News, Stanley, Morgan Stanley

15 hrs ago | TheStreet.com

Analysts' Actions: Kohl's, Pitney Bowles, Rockwood

Your browser is not supported. Please upgrade to one of the following browsers: Google Chrome Mozilla Firefox Apple Safari Microsoft Internet Explorer 8+ You may proceed to the site by clicking here , however some pages might not work correctly.

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Related Topix: Mozilla, Goldman Sachs, Financial Services, Retail, Kohls, TheStreet

19 hrs ago | Bangkok Post

Post-coup stability makes baht winner

In a world roiled by violence in Ukraine and Gaza, stability has become the watchword for investors - even if it comes in the form of a coup.

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Related Topix: Financial Markets, Goldman Sachs, Financial Services, Insurance, Credit Suisse Group, Israel, World News, Middle East

22 hrs ago | The Washington Post

Shipping Rates Suffer as China Hydro Curbs Coal Imports: Freight

Record production of hydropower from China's Three Gorges and newer dams is displacing so much coal that rates to transport it have plunged to about record lows, roiling the shipping market.

Comment?

Related Topix: Stanley, Goldman Sachs, Financial Services, World News, China, Science / Technology

Thu Jul 31, 2014

The Washington Post

Gold ETPs Halt Outflows as Buyers Return Amid Slump: Commodities

Gold investors who pulled money out of U.S. exchange-traded products through the first half of 2014 rushed back in July, just as prices resumed a decline that Barclays Plc and Goldman Sachs Group Inc. say will get worse.

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Related Topix: Goldman Sachs, Financial Services, Financial Markets, Banking, Citigroup, Business News

Reuters

UPDATE 2-U.S. Energy Dept. approves Oregon project to export LNG

The U.S. Energy Department on Thursday approved Oregon LNG to export liquefied natural gas, as the Obama administration works through applications to export fuel from the domestic drilling boom to markets in Asia and Europe.

Comment?

Related Topix: Leucadia National Corporation, Financial Services, Federal Energy Regulatory Commission, Energy

West Australian

France's Iliad makes $15 billion bid to take control of T-Mobile U.S.

French telecoms company Iliad has made a surprise offer for T-Mobile US Inc, setting up a potential bidding war with rival suitor Sprint Corp, the U.S. mobile firm now controlled by Japan's Softbank.

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Related Topix: T-Mobile, Sprint Nextel, Telecom, IT Services, SoftBank, Financial Services, Deutsche Telekom AG, AT&T, Verizon

TheStreet.com

8 Stocks George Soros Is Buying in 2014

What follows is a closer look at eight of the 30 holdings that Stockpickr tracks in its George Soros portfolio .

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Related Topix: Financial Markets, Financial Services, Soros Fund Management, Energy, Western Refining

Wall Street Journal

Line's Parent Denies Investment Talks With Alibaba, SoftBank

As messaging app Line prepares for an initial public offering that could value the company at close to $10 billion, investors are paying close attention to the company's financials and potential investors.

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Related Topix: Financial Services, SoftBank

Detroit News

Two tech titans diverge on philanthropic paths

For most of the past 30 years, Bill Gates has been known by most people as the co-founder of the world's largest software company, a tough business tactician, and the richest man in the world.

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Related Topix: Bill Gates, Life, Charity , Bill and Melinda Gates Foundation, Charitable Organizations, Warren Buffett, Construction, Berkshire Hathaway, Lawrence Ellison, Opinion

Wed Jul 30, 2014

Reuters

Stern Advice-How to buy financial advice now

The financial advice business is changing dramatically in every aspect, from how advisers spend their time, to what they charge, to how they label and promote themselves.

Comment?

Related Topix: Mutual Funds, Personal Finance, Financial Markets, Stanley, Charles Schwab, Retirement

New York Daily News

Goldman Sachs grants teen's wish to be investment banker

Seventeen-year-old Terry 'Tre' Grinner, who was diagnosed with Hodgkin's Lymphoma, is living out his dream of being an investment banker with a weeklong internship at Goldman Sachs.

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Related Topix: Goldman Sachs, Financial Services, Health, Hodgkin's Disease, Lymphoma, Alamo, CA

ABC15.com

Walmart: 'Going to a very dark place'

Walmart may not go the way of RadioShack any time soon. But Goldman Sachs says that customers are abandoning the big-box pioneer in droves.

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Related Topix: Goldman Sachs, Financial Services, Science / Technology, Internet

Forbes.com

Earnings for Legg Mason Projected to Rise

Wall Street is expecting higher profit for Legg Mason when the company reports its first quarter results on Thursday, July 31, 2014.

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Related Topix: Legg Mason, Financial Services, Financial Markets

Sydney Morning Herald

need2know: Shares set for flat open

Local shares are expected to trade in a narrow range at the open in cautious trading ahead of the latest US central bank policy decision.

Comment?

Related Topix: Financial Markets, Carlyle Group, Financial Services, Global Integrity

Business Wire

Press release distribution, EDGAR filing, XBRL, regulatory filings

The Partnership's adjusted EBITDA for the 2014 second quar... )--Fitch Ratings has assigned the following ratings to issuances by the town of Hamden, Connecticut: --$26.4 million general obligation bonds, 2014 series A rated 'BBB+... )--Compuware Corporation , the technology performance company, today announced financial results for its first ... (more)

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Related Topix: Startups, Immersion Corporation, Immersion, Hamden, CT, Financial Markets, Compuware, Software, AMP Ltd, Insurance, Financial Services

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