Investments News
- Smith Micro Software Schedules Teleconference to Discuss Second Quarter 2010 Financial Results Wednesday, July 21, 2010 @ 5:24PMALISO VIEJO, Calif.----Smith Micro Software, Inc. , a leading developer and marketer of mobility solutions and services for the wireless market, today announced that it will report its second quarter 2010 financial results following the close of regular trading on August 4, 2010.
- In ‘sad moment,’ Moulin Rouge demolition moves forward Wednesday, July 21, 2010 @ 5:23PMThe Las Vegas City Council on Wednesday rejected an appeal to keep the three remaining structures at the historic Moulin Rouge site in downtown Las Vegas from being demolished. "This is a sad moment in the city's history," Mayor Oscar Goodman said before the unanimous vote.
- Kinder Morgan Energy Partners Q2 Profit Rises, Yet Misses View - Update Wednesday, July 21, 2010 @ 5:22PMKinder Morgan Energy Partners LP (KMP), Wednesday reported a rise in profit for the second quarter, primarily on higher revenues, as well as earnings in equity investments. Quarterly earnings and revenues, however, came in short of analysts' estimates. The company also increased its quarterly cash distribution by 4% year-over-year.
- Honest advice for the wealthy – that’s rich Wednesday, July 21, 2010 @ 5:17PMFor $30,000 a year, the moneyed members of TIGER 21 give each other the unvarnished truth about their investments
- Gadget 'sweatshop' bans prostitution, extra-marital affairs Wednesday, July 21, 2010 @ 5:16PMFoxconn Technology Group, the electronics maker that faced a spate of suicides this year, bans workers from cheating on their spouses, visiting “shady” venues and engaging in activities that may be a health hazard.
- Advanced Energy Announces Record Bookings and Revenues for the Second Quarter 2010 Wednesday, July 21, 2010 @ 5:13PMAdvanced Energy Industries, Inc. (Nasdaq GM: AEIS) today announced financial results for the second quarter ended June 30, 2010. Total sales for the second quarter were $115.2 million, representing an all-time high for the company in a single quarter and producing earnings of $0.31 per diluted share.
- Performance fees could have legal sting in the tail Wednesday, July 21, 2010 @ 5:10PMFinancial advisers and superannuation fund trustees can be exposed to legal risk from disgruntled fund members and clients if investment returns fail to reflect the performance fees paid to fund managers.
- D'Aloisio defends ASIC's reactive role Wednesday, July 21, 2010 @ 5:10PMASIC chairman Tony D'Aloisio has defended the role of the regulator arguing it is neither resourced nor legislatively enabled to prevent losses or failures.
- Change in Government will not stop reform Wednesday, July 21, 2010 @ 5:10PMThe Financial Planning Association is committed to financial services industry reform, regardless of whether the current Government is in place after the Federal Election.
- City, county and college looking at Cabo incentives Wednesday, July 21, 2010 @ 5:09PMCraven County leaders will consider next month whether to offer their own economic incentives to Brunswick Corp. to support the company’s decision to combine its Hatteras and Cabo yacht manufacturing operations at its New Bern facility.
- EMC's 2Q net more than doubles as firms stock up Wednesday, July 21, 2010 @ 6:13AMSAN FRANCISCO (AP) - EMC Corp.'s net income more than doubled in the second quarter as corporations opened the spigot on spending for more data storage.
- WALL STREET: Morgan Stanley Profits Top Forecasts Wednesday, July 21, 2010 @ 6:13AMMorgan Stanley said Wednesday its second-quarter net income jumped to $1.58 billion, easily topping forecasts as its Smith Barney brokerage helped the bank recover from a loss a year ago.
- Cleveland Metroparks receives record $1.7 million donation to 'preserve and beautify' Rocky River Reservation and Big ... Wednesday, July 21, 2010 @ 6:13AMRocky River resident Dorothea Jean Hassler's gift from her estate is the largest contribution from an individual donor in the 93-year history of the Cleveland Metroparks. She enjoyed golfing at Big Met and walking trails in the Rocky River Reservation.
- Morgan Stanley Profit Beats Estimates Wednesday, July 21, 2010 @ 6:11AMMorgan Stanley, owner of the world’s biggest brokerage, reported second-quarter earnings that beat analysts’ estimates on higher trading revenue.
- Horizons AlphaPro launches actively managed global dividend ETF Wednesday, July 21, 2010 @ 6:10AMThe Horizons AlphaPro Global Dividend ETF is set to begin trading Wednesday on the Toronto Stock Exchange under the symbol HAZ, AlphaPro Management Inc., the manager of the Horizons AlphaPro Exchange Traded Funds says.
- NIPSCO requests approval for net metering Wednesday, July 21, 2010 @ 6:08AMMERRILLVILLE — NIPSCO wants approval to accept a higher amount of electricity from customers who generate it themselves through such mediums as wind generators.
- Illegal mining, iron ore ban to figure in tomorrow's GoM meet Wednesday, July 21, 2010 @ 6:08AMIssues pertaining to illegal mining and ban on iron ore exports are likely to figure in a meeting of a ministerial panel, headed by Finance Minister Pranab Mukherjee, tomorrow on the proposed mining legislation.
- Motorcyclist dies after crash at racetrack - Wed, 21 Jul 2010 PST Wednesday, July 21, 2010 @ 6:07AMA 27-year-old Seattle man was killed Sunday after his motorcycle crashed during an event at Spokane County Raceway, officials confirmed Tuesday. The Spokane Medical Examiner identified the man as Khalil Mohmed, who died as a result of a skull fracture from a blunt impact to the head.
- ASIC says regulated markets weathered GFC Wednesday, July 21, 2010 @ 6:07AMRegulator draws attention to need for heavier market supervision 21 Jul 2010 11:04 PM
- Wells Fargo Beats Estimates as Credit Losses Ease Wednesday, July 21, 2010 @ 6:06AMWells Fargo & Co., the top U.S. home lender, said second-quarter profit beat most analysts’ estimates as the bank’s loan losses eased. The shares advanced more than 5 percent in early New York trading.
- Poultry growers, chicken processors at odds Monday, July 19, 2010 @ 4:55PMFederal proposal to offer contract protections to chicken growers is opposed by companies Carole Morison's relationship with Salisbury-based Purdue abruptly ended two years ago, when Morison refused to spend $150,000 on a permanent enclosure requested by the company, which in her view would be too costly and unhealthy for the chickens. Perdue subsequently dropped Morison as a grower. Stories ...
- Market education fund on hold pending election Monday, July 19, 2010 @ 4:55PMThe idea for a new education fund that utilises money collected from market breaches has received a good hearing from the Government, but everything is on hold pending the elections, according to the Australasian Compliance Institute (ACI).
- Adviser banned as part of ongoing investigation into 14 funds Monday, July 19, 2010 @ 4:54PMA New South Wales adviser has been banned for five years for advising on unregistered financial products without an Australian Financial Services Licence (AFSL).
- ASIC seeks to enforce undertaking Monday, July 19, 2010 @ 4:54PMASIC has started proceedings in the NSW Supreme Court against two Newcastle companies for breaches of an enforceable undertaking.
- Shale Deposit Could Lead To Oil Boom Monday, July 19, 2010 @ 4:53PMThe Eagle Ford shale deposit in Atascosa County could lead to an explosion in growth.
- Dell Signs Agreement to Acquire Ocarina Networks and Its Storage Optimization Technology Monday, July 19, 2010 @ 4:49PM* Innovative Storage Software Technology Dramatically Reduces Data Management CostsROUND ROCK, Texa...
- Fabrice Tourre Denies Allegations That He Misled Goldman Investors Monday, July 19, 2010 @ 4:47PMFabrice Tourre Denies Allegations That He Misled Goldman Investors
- Nextel Mexico Pledges MNX18.9 Billion Investment If It Wins Auction Monday, July 19, 2010 @ 4:43PMNextel Mexico Pledges MNX18.9 Billion Investment If It Wins Auction
- Invesco's New CIO for Japan Favors High-Tech Environmental, Energy Stocks Wednesday, July 14, 2010 @ 7:59PMInvesco Asset Management (Japan) Ltd. ’s new chief investment officer favors Japan’s environmental and renewable-energy shares.
- Interview: Inside the Atlassian-Accel deal Wednesday, July 14, 2010 @ 7:55PMCounter-culture coders set to expand with $68 million cash injection.
- Climate confusion drains generators Wednesday, July 14, 2010 @ 7:55PMTHE uncertain regulatory future facing energy generators has led to "investment paralysis" that may cost consumers dearly, a new study argues.
- Red Hat-Backed EnterpriseDB Raises $7.5M of $12M Offering - cbl Wednesday, July 14, 2010 @ 7:53PMBy citybizlist Staff RALEIGH -- EnterpriseDB Corp. has raised $7.5 million from 12 investors in its ...
- Backed by Charles River Ventures and Volition Capital, EnterpriseDB Raises $7.5M of $12M Offering - cbl Wednesday, July 14, 2010 @ 7:51PMBy citybizlist Staff WESTFORD -- EnterpriseDB Corp. has raised $7.5 million from 12 investors in its...
- Valhalla Partners-Backed EnterpriseDB Raises $7.5M of $12M Offering - cbl Wednesday, July 14, 2010 @ 7:49PMBy citybizlist Staff VIENNA, Va. -- EnterpriseDB Corp. has raised $7.5 million from 12 investors in ...
- Bombay Bourse Sees Long Queue of State Sales, Drug Prices: India Day Ahead Wednesday, July 14, 2010 @ 7:44PMIndia’s inflation accelerated in June, increasing pressure on the central bank to raise interest rates for a second time this month.
- UPDATE: Missouri lawmakers approve state pension changes Wednesday, July 14, 2010 @ 7:44PMJEFFERSON CITY — The good pension perks of government work are about to lose a bit of their luster for new Missouri employees. State lawmakers gave final approval Wednesday to legislation requiring new state workers to pay a portion of their wages toward their pension funds and to stay on the job longer before drawing their retirement benefits. Supporters said it was an essential move to stave ...
- Over 40,000 apply for transport support aid in HK Wednesday, July 14, 2010 @ 7:42PMSome 40,413 people have applied for the Transport Support Scheme since its launch, said Hong Kong' s Secretary for Labor & Welfare Matthew Cheung Wednesday.
- Packers' worth on the rise Wednesday, July 14, 2010 @ 7:41PMThe Green Bay Packers said Wednesday that the franchise's net profit was up last year and it had record revenue but said higher expenses, including player costs, remain worrisome.
- Quarterly investment outlook: Economists wary after stocks' recent slide Saturday, July 10, 2010 @ 5:01PMNEW YORK -- Brace yourself when opening those quarterly statements from your financial adviser in the coming days. Investment - Business - Investing - Stocks and Bonds - Equities
- BP head scheduled to meet with high status Arabs Saturday, July 10, 2010 @ 5:00PMBP head scheduled to meet with high status Arabs
- Citron's pension jumps 50 percent in 15 years Saturday, July 10, 2010 @ 4:51PMAmid the chaos and confusion that reigned after Orange County declared bankruptcy in 1994, the pension of former Treasurer -Tax Collector Robert Citron incited rage. Losses on Citron’s wrong-way investments led a desperate Board of Supervisors...
- Democrats in Congress gain victories but not acclaim Saturday, July 10, 2010 @ 4:42PMIn a risky strategy to win back voters, Democrats could push high-profile issues such as immigration and energy, even if their efforts are almost certain to fail. Democrats have pulled off one of the most productive sessions of Congress in decades but have yet to win much in the way of approval — even from voters in their own party.
- Consumer rights: 'I bought a ticket online – but it was a scam' Saturday, July 10, 2010 @ 4:18PMIn the middle of June I bought a ticket to the Wimbledon Ladies' quarter-finals, online. Reading the terms and conditions, I noticed there was a no-refund policy. I was a bit suspicious but went ahead.
- Hamish McRae: Let's pay attention to our service sector: you know it makes sense Saturday, July 10, 2010 @ 4:16PMThe trade figures don't look good; not dreadful, just not as good as they ought to be given what else we know about the economy.
- Spanish bulldozers target Britons' homes Saturday, July 10, 2010 @ 4:14PMJohn Pritchard, a British pensioner living in Spain, is having problems sleeping at nights but it has nothing to do with age. He just can't stop imagining the noise that bulldozers sent by the town hall will make if they come to knock down his house. "I think I can hear them. It's the stress," he says, while his wife is so distraught about the possibility, she will not even be interviewed.
- Banks backlash brings dividend for the Co-op Saturday, July 10, 2010 @ 4:11PMTHE head of the "ethical" Co-operative Bank claims it has "two to four years" more to capitalise on "consumer negativity" towards big banks.
- The discussion on overhauling the financial system is failing to hear key voices Saturday, July 10, 2010 @ 4:09PMTHERE is an old joke about a financier taking a guest out sailing for the day and boasting about the fabulous yachts bobbing in the harbour owned by fellow bankers and corpor
- Lawmakers Defend Social Security’s Chief Analyst Saturday, July 10, 2010 @ 3:30PMMembers of Congress made clear that Stephen C. Goss should not be reassigned or demoted as they prepared for a re-examination of the social benefits program.
- UPDATE: EMC To Buy Data Warehousing Firm Greenplum For Cash Tuesday, July 6, 2010 @ 4:43PMUPDATE: EMC To Buy Data Warehousing Firm Greenplum For Cash
- Hellaby Holdings reduces bank debt Tuesday, July 6, 2010 @ 4:42PMInvestment company Hellaby Holdings is reporting a 51 percent fall in core bank debt during the past year, and says it does not intend converting $50 million of capital notes which mature in June 2011 to shares. The company said today its core bank debt at June 30 was $25m, so total net debt including the $50m capital notes was expected to be around $75m. Hellaby managing director John ...