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Investment Service News

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

2 hrs ago | AmericanBankingNews.com

Cable & Wireless Communications Price Target Raised to GBX 42 at Jefferies Group

The firm currently has a "hold" rating on the stock. Cable & Wireless Communications traded up 0.89% on Monday, hitting GBX 44.30. Cable & Wireless Communications has a 52-week low of GBX 27.07 and a 52-week high of GBX 43.805. The stock's 50-day moving average is currently GBX 35.68. The company's market cap is 1.104 billion.

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Related Topix: Financial Services, Investment Banking, Jefferies Group

6 hrs ago | La Vista Sun

Buffett's hot on Buffalo, and happy to promote it on YouTube

A screen shot of Warren Buffett making a YouTube pitch for Empire State Development, which promotes economic growth in New York.

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Related Topix: Warren Buffett, Construction, Berkshire Hathaway, Business Wire, Berkshire Hathaway , Startups, Insurance, Empire Group, Publishing, Media, Ottaway Newspapers

6 hrs ago | FHWrestling.com

WWE Extreme Rules Builds to Triple H vs. Brock Lesnar; Extreme Rules Results

Following WrestleMania is always a daunting challenge, and this year's Extreme Rules seems particularly light by comparison.

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Related Topix: Scottrade, Financial Services

8 hrs ago | Bloomberg

Gold Bear Bets Reach Record as Soros Cuts Holdings: Commodities

Hedge-fund managers are making the biggest ever bet against gold as billionaire George Soros sold holdings last quarter and Goldman Sachs Group Inc.

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Related Topix: Goldman Sachs, Financial Services, BlackRock, Financial Markets, Soros Fund Management

12 hrs ago | CBC News

Harper chief of staff resigns amid Senate expense scandal

Nigel Wright has resigned as Prime Minister Stephen Harper's chief of staff, following revelations he wrote a $90,000 cheque to repay improperly claimed housing expenses for Senator Mike Duffy.

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Related Topix: Stephen Harper, Financial Services, Onex, North America, Canada, World News,

12 hrs ago | Examiner.com

$500 million dollar rooftop solar leasing program launched

A program that could lead to 110 megawatts of new solar electrical generation across the nation was announced by Goldman Sachs and SolarCity .

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Related Topix: Startups, SolarCity, Goldman Sachs, Financial Services, Small Business, Personal Finance

13 hrs ago | AmericanBankingNews.com

Informa Receives "Buy" Rating from Bank of America

's stock had its "buy" rating reaffirmed by Bank of America in a research note issued on Monday, Analyst Ratings Network reports.

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Related Topix: Financial Services, Investment Banking, Jefferies Group

18 hrs ago | AmericanBankingNews.com

China Petroleum and Chemical Lowered to "Underperform" at Jefferies Group

China Petroleum and Chemical traded up 0.56% on Monday, hitting $110.40. China Petroleum and Chemical has a 52-week low of $82.51 and a 52-week high of $122.81. The stock's 50-day moving average is currently $111.0. The company has a market cap of $97.415 billion and a price-to-earnings ratio of 9.30. Other equities research analysts have also ... (more)

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Related Topix: China Petroleum and Chemical, Oil & Gas, Financial Services, Investment Banking, Jefferies Group

22 hrs ago | New Pittsburgh Courier Online

New Wall Street threat to homea

A year ago, the Federal Reserve Board issued a policy statement on rental of REO owned by the banks they supervise and allowed the banks to rent REO properties without requiring them to demonstrate continuous efforts to market the properties.

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Related Topix: REIT, Personal Finance, Goldman Sachs, Financial Services

Sat May 18, 2013

The Big Apple

Love Trade

Above, a 1934 plaque from the Big Apple Night Club at West 135th Street and Seventh Avenue in Harlem.

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Related Topix: Seventh Avenue, Metal, US Global Investors, Financial Services

Business Journal

Fired employee ordered to pay Ameriprise $1.1 million

A fired Ameriprise worker who stole client funds has been ordered to pay $1.1 million to her former employer.

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Related Topix: Financial Services, AMP Ltd, Insurance

The Daily Beast

Apartment Hunting Just Got Easier

Renting an apartment in New York often resembles an obstacle course. A new company is aiming to simplify the search by putting the process online.

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Related Topix: Home, Home Renting, Goldman Sachs, Financial Services, Cohen Group, Consulting, New York, NY

PE Hub

High-Profile VCs Caught up in Bitcoin Mania

Just since April, notable firms such as Andreessen Horowitz, Founders Fund, Google Ventures, Lightspeed Venture Partners and Union Square Ventures have invested $9 million in three bitcoin-related companies: BitPay, CoinBase and OpenCoin.

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Related Topix: WebMD, Venture Capital, Emerging Technology, Financial Services, Draper Fisher Jurvetson

TrustedReviews

Yahoo looking to buy Tumblr

Yahoo is reported to be in talks with Tumblr as it is looking to acquire the blogging service for around $1 billion .

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Related Topix: Tumblr, Blog News, Goldman Sachs, Financial Services

Bloomberg

Aberdeen Sounds Alarm as Asia Bond Growth Soars: Credit Markets

The amount of dollar-denominated bonds issued by companies in Asia is growing almost 10 times faster than the global corporate debt market , raising concern that investors are lowering their standards as they seek to take advantage of the region's relatively high yields.

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Related Topix: Financial Markets, Banking, Bank of America, Financial Services, Merrill Lynch and Co

Fri May 17, 2013

Gretna Breeze

S&P lowers Berkshire credit rating

Warren Buffett, chairman and CEO of Berkshire Hathaway Inc., tours the exhibition floor prior to the start of the Berkshire shareholders meeting in Omaha on May 4. Rating agency Standard & Poor's lowered one of Berkshire Hathaway Inc.'s credit ratings by a notch Thursday, a day after another agency, A.M. Best, kept the Omaha investment company's ... (more)

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

Reuters

Exclusive: Onex fails to find buyer for Carestream Health

Stocks continued their climb into uncharted territory on Friday, racking up the fourth week of gains in a row as encouraging economic data prompted investors to pick up shares of growth companies.

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Related Topix: Financial Services, Onex, Financial Markets, Rochester, NY

CBC News

Chris Hall: Senator Duffy and the little matter of accountability

Chris Hall is the CBC's National Affairs Editor, based in the Parliamentary Bureau in Ottawa.

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Related Topix: Canada, Stephen Harper, Financial Services, Onex, North America, World News,

The Beaumont Enterprise

Stocks rise on hopeful signs for the US economy

A gauge of future economic activity rose more than analysts had expected, as did a measure of consumer confidence, adding to evidence that the economy is maintaining a steady recovery.

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Related Topix: Financial Markets, Charles Schwab

The Atlantic

Why Goldman Sachs Just Bet $500 Million on Elon Musk's Solar Business

Forget Tesla . Musk's roof-top firm SolarCity is now the nation's largest residential solar installer Elon Musk's electric car and rocket ship ventures may score the headlines --but SolarCity, his rooftop photovoltaic company, is proving the market leader of a booming business.

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Related Topix: Goldman Sachs, Financial Services, Startups, SolarCity, Solar Energy, Alternative Energy, Renewable Energy (Green Energy), Energy

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