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Investment Service News

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

9 min ago | Northern Michigan News

Sales of homes for more than $10 million increase

Connecticut's Gold Coast is living up to its name, with a record $120 million sale of a waterfront estate in Greenwich leading an increase in sales of homes for more than $10 million.

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

3 hrs ago | JD Journal

Hedge Fund Executives Join Joe Ricketts' Super-Political Action Committee

According to a U.S. Federal Election Commission report, two billionaire hedge fund executives have joined Ameritrade founder Joe Ricketts' super-political action committee as it works to elect Republicans to the Senate and House, Bloomberg News has reported.

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Related Topix: Financial Services, Ameritrade Holding, TD Ameritrade

7 hrs ago | WXLO-FM Worcester

Miley Cyrus Scraps Tonight's Concert in St. Louis: "I'm Miserable"

After canceling her show in Kansas City at the last minute following her hospitalization for a severe allergic reaction to antibiotics, Miley Cyrus has now scrapped her show Wednesday night at the Scottrade Center in St. Louis, Missouri.

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Related Topix: Financial Services, Scottrade

10 hrs ago | The Washington Post

Credit Suisse Net Falls 34% on Lower Investment Bank Profit

Credit Suisse Group AG, the second- biggest Swiss bank, reported a 34 percent decline in first- quarter profit, missing analysts' estimates, as earnings at the investment bank dropped.

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Related Topix: Insurance, Credit Suisse Group, Credit Suisse Asset Mnagement Income Fund, Financial Services, Banking, JP Morgan Chase , Nomura Holding, UBS Investment Bank, Investment Banking, UBS Financial Services

14 hrs ago | The Hartford Courant

CME trading outage showed that man can still match the machine

Just over a week ago, CME Group Inc suffered the worst-ever trading outage on the world's most important agricultural markets, plunging electronic screens into darkness and sending dozens of traders scrambling for Chicago's famous but now often deserted trading "pits".

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Related Topix: Chicago Mercantile Exchange Holdings, Agriculture, Science, Chicago, IL, Ansonia, CT

Tue Apr 15, 2014

KSAT-TV San Antonio

Son arrested, charged with stabbing, beating father with pipe

GOOD EVENING, I'M STEVE SPRIESTER. AND I'M ISIS ROMERO. A SON IS UNDER ARREST TONIGHT FOR BRUTALLY ASSAULTING HIS FATHER DURING AN ARGUMENT.

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Related Topix: US Global Investors, Financial Services

GuruFocus.com

U.S. Bancorp: Don't Forget About This Fair-Valued Bank

If you were to survey the field to name major banks, we're guessing that U.S. Bancorp wouldn't top too many lists.

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Related Topix: US Bancorp, Banking, Financial Services, Multistat, Wells Fargo , Bank of America, Warren Buffett, Construction, Berkshire Hathaway

Long Island Business News

New owners offer buyouts to Pittsburgh Heinz staff

The new owners of H.J. Heinz Co. have offered buyouts to all workers in Pittsburgh, where the ketchup-and-food giant has been based for decades, but insist the offer doesn't signal a plan to move the company's headquarters.

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Related Topix: Food, Heinz H J, Business Wire, Construction, Berkshire Hathaway , Startups, Berkshire Hathaway, Insurance, Empire Group

Star-Telegram.com

Cartel battle targets limes in inflation face-off

Weeks after capturing the head of the Sinaloa drug gang, Mexican officials are focusing on another cartel: lime growers who raised prices 41 percent last month.

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Related Topix: North America, World News, Mexico, Life, Fruits, Food, Mexican Cuisine, Nomura Holding, Financial Services,

Fortune

Madison Dearborn's patience pays off on Nuveen Investments

Several years ago, Madison Dearborn Partners was really sweating its June 2007 decision to lead a $6.4 billion acquisition of Chicago-based mutual fund manager Nuveen Investments.

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Related Topix: Nuveen Investments, Financial Services, Venture Capital, Madison Dearborn Partners, Emerging Technology, Nuveen California Municipal Value Fund, Nuveen New York Municipal Value Fund, Nuveen Municipal Income Fund

KSAT-TV San Antonio

Multiple arrests made after car crashes into West Side home

FEW MINUTES. GOOD EVENING I'M STEVE SPRIESTER. AND I'M ISIS ROMERO. A ROUTINE TRAFFIC STOP ENDING IN A NOT SO ROUTINE FASHION ON THE CITY'S WEST SIDE AFTER THE PURSUIT CAR CRASHES INTO A HOME.

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Related Topix: US Global Investors, Financial Services

Mon Apr 14, 2014

Detroit Free Press

How Warren Buffett lost $1 billion in one stock

With the first quarter of 2014 officially closed, one stock in the portfolio of Warren Buffett's Berkshire Hathaway sunk the value by $1 billion.

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Related Topix: Warren Buffett, Construction, Berkshire Hathaway

AmericanBankingNews.com

Eli Lilly and Rating Increased to Hold at Jefferies

The firm currently has a $54.00 target price on the stock, up from their previous target price of $45.00.

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Related Topix: Investment Banking, Financial Services, Jefferies Group, Alnara Pharmaceuticals, Biotech, Food, Medicine, Avid Radiopharmaceuticals, Agriculture, International Multifoods Corporation, Eli Lilly, Healthcare Industry

Fortune

Exclusive: Kleiner Perkins raising $1.2 billion for new funds

Kleiner Perkins Caufield & Byers last week unveiled its new fundraising plans, at a meeting of the venture capital firm's limited partners.

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

Albany Times Union

Mutual Fund Investors Love To Chase Returns, And Its Costing Them

Past experience often dictates investment behavior. "An average equity mutual fund investor tends to buy when past returns are high and sell otherwise.

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Related Topix: Financial Services, Teachers Insurance and Annuity Association - College Retirement Equities Fund, Personal Finance, Retirement, Nuveen Investments, Financial Markets

The Hartford Courant

Lawsuit claims CME gave high-frequency traders special access

A group of traders has sued CME Group Inc., accusing the operator of the world's largest derivatives exchange of selling market data to high frequency traders, cheating other investors who lacked such access.

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Related Topix: Chicago Mercantile Exchange Holdings, Chicago, IL, Ansonia, CT

KCCI-TV Des Moines

Stocks: Something to smile about

Once you're logged in, at the top of each article, video or slideshow you will see a list of your Facebook friends who recently visited Choose to share stories you'e read with your friends or turn sharing OFF to keep your reading experience anonymous .

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Related Topix: Financial Markets, Financial Services, Nuveen Investments

Long Island Business News

TIAA-CREF buying Nuveen for $6.25B

Financial services provider TIAA-CREF says it's buying investment manager Nuveen Investments in a deal valued at $6.25 billion including debt.

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Related Topix: Nuveen Investments, Financial Services

Ananova

Second-hand Car Dealer BCA Gears Up For Float

Britain's biggest secondhand car auctioneer is poised to join London's stock market flotation frenzy after hiring bankers to work on a deal.

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Related Topix: Clayton Dubilier and Rice, Financial Services, Business News

Reuters

Private money, public projects: More U.S. states doing deals

Visitors to New York who land at LaGuardia Airport could be forgiven for not realizing they've arrived in one of the world's swankiest cities.

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Related Topix: New York, La Guardia, Country, Financial Services, BlackRock

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