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Investment Service News

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

1 hr ago | Reuters

Berkshire Hathaway agrees to settle U.S. charges on stock deal

Warren Buffett's Berkshire Hathaway Inc agreed to pay an $896,000 fine to settle U.S. government accusations that it violated antitrust rules by failing to report a transaction that boosted its stake in building products company USG Corp. The civil penalty, which requires court approval, settles charges made on Wednesday by the U.S. Department of ... (more)

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Related Topix: Business Wire, Berkshire Hathaway , Startups, Insurance, Empire Group, Construction, Berkshire Hathaway, Warren Buffett, USG Corporation

5 hrs ago | NewsOK.com

Warren Buffett's firm to pay $896,000 penalty

Warren Buffett's company has agreed to an $896,000 penalty for failing to tell regulators about a December 2013 investment in wallboard maker USG Corp. The Federal Trade Commission said Wednesday that Berkshire Hathaway Inc. should have notified the Justice Department before it converted $325 million of senior USG notes it held into 21.4 million ... (more)

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Related Topix: Warren Buffett, Construction, USG Corporation, Berkshire Hathaway

6 hrs ago | MarketWatch

Outside the Box: 5 European companies with great global brands

Fortunately for them, Europe right now is offering a chance to make up for the blunder, say several value managers with a history of outperforming the markets.

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Related Topix: Financial Markets, US Global Investors, Financial Services

10 hrs ago | Reuters

Chinese paper calls for retaliation over Australia tycoon attack

An influential Chinese newspaper called for retaliation against Australia on Wednesday after Australian mining mogul and politician Clive Palmer described China's government as "bastards" who shoot their own people.

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Related Topix: Travel, Australia Travel, Pacific Travel, Financial Services, CITIC Pacific

15 hrs ago | The Age

Goldies withdraws prediction of rate cut

Goldman Sachs has retreated from its lone-wolf prediction of a cut in the cash rate this year, making it the last of the major investment banks to alter their thinking on the Reserve Bank of Australia's next move on monetary policy.

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Related Topix: Goldman Sachs, Financial Services

Tue Aug 19, 2014

Bellingham Herald

401(k) funds studied for far less time than car purchases, survey says

Americans know that 401 retirement plans are important, but they spend only a moderate time researching investments and are often confused about how to pick the best funds, according to a new survey.

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Related Topix: Personal Finance, Retirement, Charles Schwab

AmericanBankingNews.com

U.S. Global Investors (GROW) Declares Monthly Dividend of $0.01

U.S. Global Investors declared a monthly dividend on Tuesday, August 19th, AR Network reports.

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Related Topix: US Global Investors, Financial Services

Business Journal

Former Knowledge Universe head lands in a grocery tug-of-war

Can you find the customer in this photo taken at the Market Basket store in Billerica's Treble Cove Plaza? Fans are upset over recent changes at the 71-store chain.

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Related Topix: Financial Services, Knowledge Universe, Billerica, MA

KXLY-TV Spokane

Workers spend more time planning vacation than retirement

Without a doubt, figuring out how to invest the money in your nest egg can be daunting.

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Related Topix: Personal Finance, Retirement, Charles Schwab

The Modesto Bee

Governor, cities criticize pension board proposals

A committee of the California Public Employees' Retirement System is scheduled to vote Tuesday on the type of pay that can be used toward calculating pensions for workers hired after Jan. 1, 2013.

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Related Topix: Pension, Personal Finance, Jerry Brown, US Governors, Retirement, California Public Employees Retirement System, Financial Services, Long Beach, CA

Thanh Nein News

Lead contamination scare hits Heinz infant food in China

U.S. foodmaker H.J. Heinz Co has recalled some infant food products in China after a local watchdog said they contained excessive levels of lead, threatening to dent the company's reputation in a country highly sensitive to food safety.

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Related Topix: Food, Heinz H J, Food Science, Drink, Milk, Food and Drug Administration, Construction, Berkshire Hathaway, Retail, Wal Mart Stores

Mon Aug 18, 2014

GantDaily.com

Predicted $5 billion free cash flow puts Barrick Gold in Goldman...

New York, NY, United States - Barrick Gold Corp. , the largest gold mining company in the world, is now in the Goldman Sach's Conviction Buy List , which includes stocks the investment bank's researchers expect to outperform.

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Related Topix: Goldman Sachs, Barrick Gold, Mining, Financial Services, Financial Markets

Ukiah Daily Journal

His 101st birthday present? Another day at work

Herman "Hy" Goldman turned 101 this weekend and won't quit after 73 years working at the same New Jersey job.

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Related Topix: Goldman Sachs, Financial Services, East Hanover, NJ

Townsville Bulletin

'China wants to take us over'

Palmer United Party leader Clive Palmer has launched a tirade against the Chinese state-owned company CITIC Pacific, calling them 'bastards' and 'mongrels'.

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Related Topix: Financial Services, CITIC Pacific, Australia, World News,

Deming Headlight

Oil pipeline opponents plan concert in cornfield

Willie Nelson and Neil Young will headline a concert next month in a Nebraska cornfield organized by opponents of a proposed pipeline that would carry oil from Canada south to the Gulf Coast.

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Related Topix: Nebraska, Goldman Sachs, Financial Services

Reuters

Pimco hires ex-Moore Capital senior portfolio manager Fahmi

Pimco said on Monday it hired Mohsen Fahmi, formerly of Moore Capital Management, as managing director and generalist portfolio manager focusing on global fixed income assets.

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Related Topix: Goldman Sachs, Financial Services, Cohen Group, Consulting, Banking, JP Morgan Chase , Newport Beach, CA

Business Journal

U.S. Global Investors extends monthly dividends through end of year

The board of U.S. Global Investors has agreed to continue paying out monthly dividends through the fourth quarter of 2014.

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Related Topix: US Global Investors, Financial Services

Business Journal

Parents spend more time talking about money with boys than girls

Girls are trailing boys in markers of financial fluency at young ages - at least according to a survey from Baltimore-based investment manager T. Rowe Price Group Inc. A gender gap exists between boys and girls when it comes to discussing finances and feeling confident about money matters.

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Related Topix: Financial Services, T Rowe Price Group, Kids, Family

The Globe and Mail

P&G eyes Duracell, Braun as it looks to cull brands

Procter & Gamble Co is working with advisers including Goldman Sachs Group as the world's largest household products maker reviews up to 100 underperforming brands for potential divestiture, people familiar with the matter said.

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Related Topix: Procter and Gamble, Household Products, Goldman Sachs, Financial Services

TheStreet.com

Can Goldman Sachs' Women Make the Cut in 'Extreme Jobs?'

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Related Topix: Goldman Sachs, Financial Services, Apple, Mozilla, Startups, Business News

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