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Investment Service News

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

4 hrs ago | TheStreet.com

We're Just Not That Into Our 401(k)s

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, TheStreetcom, Media, TheStreet, Computers, Charles Schwab, Personal Finance, Retirement, Business News

8 hrs ago | WPTZ-TV Plattsburgh

Bank of America to pay $16.65 billion over mortgages

On Thursday, the bank reached a $16.65 billion agreement to pay the biggest settlement in history, adding to what was already a hefty bill for the bank.

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Related Topix: Home, Mortgage, Personal Finance, Banking, Bank of America, Financial Services, Foreclosures, 9, Merrill Lynch and Co

8 hrs ago | Moray Firth Radio

Bank of America $17bn Record Penalty Confirmed

The $16.65bn deal , which followed numerous federal and state inquiries, relates to the bank's role in the sale of mortgage-backed securities in the run-up to the financial crisis of 2008.

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Related Topix: Home, Mortgage, Personal Finance, Financial Services, Merrill Lynch and Co

10 hrs ago | Business Journal

Dollar General swipes at Family Dollar CEO; Under Armour bids to...

Family Dollar is in the middle of an apparent bidding war between its rival discount retailers, Dollar Tree and Dollar General , but ever since Dollar General made its competing offer, officials with that company have bluntly stated that they were surprised when the two smaller companies announced their merger agreement, since they thought they had ... (more)

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

14 hrs ago | Wall Street Journal

The Daily Startup: Marc Benioff Joins $35M Round for PernixData

As chips, software and memory become more powerful, servers are usurping some of the functions of storage arrays.

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Related Topix: Venture Capital, Emerging Technology, Startups, Salesforce.com, Kleiner Perkins Caufield and Byers, Salesforce, Financial Services, Kleiner Perkins Caufield & Byers

Wed Aug 20, 2014

SFGate

Turning natural gas to gasoline --; at $1 per gallon

Bay Area startup Siluria Technologies has developed a way to make gasoline, diesel and jet fuel from natural gas - not crude oil.

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Related Topix: Kleiner Perkins Caufield and Byers, Startups, Financial Services, Kleiner Perkins Caufield & Byers

Yahoo!

JPMorgan, BofA to raise junior banker pay by 20 percent: sources

JPMorgan Chase & Co and Bank of America Corp are planning to hike salaries of junior employees by at least 20 percent, people familiar with the proceedings said.

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Related Topix: Banking, JP Morgan Chase , Bank of America, Financial Services, Goldman Sachs

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

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

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

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

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

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