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Investment Service News

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

15 min ago | Business Journal

NetJets' launch in China imminent, with potential to match U.S. market

After a years-long process and months awaiting final formalities, NetJets Inc. expects approval any day from Chinese regulators to operate in the country, which CEO Jordan Hansell calls a third leg in the stool for the private aviation company.

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Related Topix: NetJets, Transportation, Airlines, World News, China, Asia, Warren Buffett, Construction, Berkshire Hathaway

1 hr ago | Business Journal

Girl Scouts of Eastern Mass. hire former State Street exec as CEO

Patricia Parcellin, a former executive with State Street Corporation, is the new CEO of the Girl Scouts of Eastern Massachusetts.

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Related Topix: Financial Services, State Street

4 hrs ago | Business Journal

Dollar General boosts offer for Family Dollar to $80 per share, will divest 1,500 stores

Bloomberg's Adam Johnson reports that Dollar General has increased its offer for Family Dollar to $80 per share.

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Related Topix: Dollar General, Retail, Financial Services, Kohlberg Kravis Roberts, Family Dollars Stores, Dollar Tree Stores, Tree.com

7 hrs ago | South China Morning Post

Why Jack Ma becoming a dairy farmer is a big deal

Jeffrey Towson is a Professor of Investment at Peking University Guanghua School of Management.

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Related Topix: World News, China, Asia, SoftBank, Financial Services, Agriculture, Science

11 hrs ago | West Australian

Insight - Insider traders in U.S. face longer prison terms, Reuters analysis shows

U.S. judges are imposing increasingly long prison terms for insider trading, a Reuters analysis shows.

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Related Topix: Reuters, Financial Services, Galleon Group

Mon Sep 01, 2014

AmericanBankingNews.com

Alliant Energy Earns BBB+ Credit Rating

Alliant Energy has received a "BBB+" credit rating from analysts at Morningstar .

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Related Topix: Energy, Alliant Energy, Financial Services, Robert W Baird

Insider Monkey

Hedge Fund News: Warren Buffett, T Boone Pickens & George Soros

Passive funds an active threat for Europe's fund managers Warren Buffett built a fortune of nearly $60 billion from astute stock picking, but when the 83-year-old dies, the vast majority of the money he leaves his wife will be parked in a fund that simply moves in step with an index.

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Related Topix: Warren Buffett, Financial Markets, Financial Services, Personal Finance, Retirement, BlackRock

AmericanBankingNews.com

Intu Properties PLC Stock Rating Reaffirmed by Liberum Capital

's stock had its "sell" rating reissued by investment analysts at Liberum Capital in a note issued to investors on Monday.

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Related Topix: Financial Services, Investment Banking, Jefferies Group

Weekend Balita

Court orders turnover of Marcos' $42-M loot to gov't

The Sandiganbayan has ordered the turnover to the government of 42 million US dollars in the so-called "Arelma" account of the late dictator Ferdinand Marcos.

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Related Topix: Financial Services, Merrill Lynch and Co, Southeast Asia, Philippines, World News

Wall Street Journal

Goldman Made Big Loan to Banco Espirito Santo Shortly Before Collapse

As Portuguese lender Banco Espirito Santo SA neared collapse this summer, it found a Wall Street ally to help it raise funds: Goldman Sachs Group Inc. Through a Luxembourg financing vehicle created by Goldman, Banco Espirito Santo received $835 million in July, according to a prospectus reviewed by The Wall Street Journal, a time when it was nearly ... (more)

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Related Topix: Goldman Sachs, Financial Services, World News, Brazil, Banco Esprito Santo SA

Citizen Thymes

Don't melt under others' expectations with Steven Paulson ...

Nathan sits down with Steven Paulson co-owner of Melt Your Heart food truck for the 50th episode of Finding Asheville .

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Related Topix: Paulson Capital, Financial Services, Asheville, NC

Sun Aug 31, 2014

Deseret News

About Utah: A Salt Lake hit for 152 years ... and counting

Daynes Music, a company that has been around since 1862 - the oldest family-run business in the state and 76th oldest in the entire United States of America - is perched on a half-acre of asphalt on south State Street in that part of the Salt Lake Valley where Murray melds into Midvale.

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Related Topix: Sundance Film Festival, State Street, Financial Services, Midvale, UT, Murray, UT, Salt Lake City, UT

The Washington Post

Slim's America Movil Said to Hire Bank of America to Sell Assets

America Movil SAB, Latin America's largest wireless provider, has hired Bank of America Corp. to sell phone assets as part of a breakup plan to appease Mexican lawmakers, according to people familiar with the matter.

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Related Topix: Banking, Bank of America, Financial Services, Cable & Satellite, Telecom, ATT, Carlos Slim Helu, SoftBank, AT&T, Business News

The Motley Fool

The Disney Hero Who Should Control This $300 Billion Empire

Over the past 50 years, Warren Buffett's Berkshire Hathaway has grown into a massive $300 billion conglomerate with operations spanning from railroads to energy.

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Related Topix: Warren Buffett, Control Group, Construction, Berkshire Hathaway, Media, Walt Disney, Television

Click Orlando

Why Buffett's son bought Rosa Parks' papers

Howard Buffett, the youngest son of the billionaire investor, said he was thinking of his mother when he paid $4.5 million for a trove of historic belongings left by civil rights activist Rosa Parks.

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Related Topix: Warren Buffett, Construction, Berkshire Hathaway, Montgomery, AL

The Motley Fool

What You Didn't Know About the Unbelievable Amount Warren Buffett Put Into This Fast-Food Chain

As a result, many have suggested this is one more example of a distinctly American company moving simply for the sake of a tax break.

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Related Topix: Warren Buffett, Business Wire, Construction, Berkshire Hathaway , Startups, Berkshire Hathaway, Insurance, Empire Group, US Politics, US News, Sherrod Brown, US Senate, Democrat

AmericanBankingNews.com

Principal Financial Group Given Average Rating of "Hold" by Analysts

Principal Financial Group has received a consensus recommendation of "Hold" from the fifteen brokerages that are presently covering the company, AR Network reports .

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Related Topix: Principal Financial Group, Financial Services, Insurance

Sat Aug 30, 2014

Sentencing Law and Policy

"The criminalisation of American business"

The title of this post is the headline of this notable new Economist cover story , which carries the subheadline "Companies must be punished when they do wrong, but the legal system has become an extortion racket."

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Related Topix: Mafia, Banking, Financial Services, CitiMortgage, Citigroup, Goldman Sachs, Cohen Group, Consulting

The Motley Fool

Profiting From the Ashes of Warren Buffett's Big Mistake

Warren Buffett is regarded as one of the world's greatest investors. However, even great investors make mistakes, and Buffett is no different.

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Related Topix: Warren Buffett, Economics News, Bankruptcy, Construction, Berkshire Hathaway

AmericanBankingNews.com

Federated Investors CFO Thomas R. Donahue Sells 60,000 Shares

Federated Investors CFO Thomas R. Donahue sold 60,000 shares of Federated Investors stock in a transaction that occurred on Thursday, August 28th.

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Related Topix: Federated Investors, Financial Services

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