Investment Service News
Investment Services news continually updated from thousands of sources around the net.
14 min ago | Natl. Relocation & Real Estate
HomeServices of America, a Berkshire Hathaway affiliate, has announced the appointment of Steven John as president and CEO HomeServices Relocation, effective September 16, 2014. Mary Lee Blaylock, current president and CEO of HomeServices Relocation has been named senior vice president and general manager of Berkshire Hathaway HomeServices California Properties, effective October 1st.
4 hrs ago | Business Journal
The California Public Employees' Retirement System announced Monday it is cutting its investments in hedge funds to eliminate complexity and costs. The move by the Sacramento-based pension fund will move $4 billion out of 24 hedge funds and six fund-of-fund investments - collectively known as alternative return strategies program, or ARS.
4 hrs ago | The Washington Post
The $4.7 billion company is exploring options for splitting in two, including selling or spinning off its electronics business, people familiar with the matter said last week. For potential buyers interested in Visteon, a breakup may be preferable because it would let them bid directly on the faster- growing electronics division without having to take on its climate-control venture, said UBS AG.
6 hrs ago | BetaNews
As we all know, Apple last week announced two new iPhones, a payment service , and a line of Apple Watches that require iPhones to work. There's not much I can say about these products that you can't read somewhere else.
9 hrs ago | The Missoula Independent Online
In an article published today, the Wall Street Journal chimed in on the ongoing dispute between the City of Missoula and the Carlyle Group over ownership of Mountain Water.
10 hrs ago | Globe and Mail
"Charlie and I favour repurchases when a its stock is selling at a material discount to the company's intrinsic business value," Berkshire Hathaway boss Warren Buffett says. "Charlie and I favour repurchases when a its stock is selling at a material discount to the company's intrinsic business value."
14 hrs ago | The Washington Post
Hedge funds reduced bullish wagers on natural gas to the lowest level in more than nine months as U.S. shale production surges to an all-time high. Speculators lowered their net-long position across four benchmark contracts by 12 percent in the week ended Sept.
Several investment firms have updated their stock ratings and price targets on shares of Francesca's Holdings Corp in the last week: Francesca's Holdings Corp had its "buy" rating reaffirmed by analysts at Jefferies Group. They now have a $19.00 price target on the stock, down previously from $21.00.
Fans arrived as early as 10:00 am to line up for a prime view of Eric Church's show on Saturday, September 13. By 7:00 pm, the St. Louis Scottrade Center had thousands of fans filling in the standing room only spots on he floor and packing seats to the rafters for night number three of the highly-anticipated "The Outsiders World Tour." The legendary Dwight Yoakam took the stage and delighted the crowd with new material, covers, and plenty of honky-tonk favorites, A slower-paced version of his 1993 hit "Ain't That Lonely Yet" was a vocal highlight.
DUBAI: Islamic bond programs from a trio of big conventional banks are set to expand the boundaries of Islamic finance, helping open the market to first-time issuers while testing the banks' ability to win over industry purists. Since June, France's Societe Generale, Bank of Tokyo-Mitsubishi UFJ and Goldman Sachs have set up sukuk programs, with the aim of tapping the pool of cash-rich Muslim investors.
Poland's gas pipeline operator Gaz-System said the country received about 20 million cubic metres of natural gas on Friday from the eastern direction, less than requested by the state-controlled importer PGNiG. "The increased requests of PGNiG are still not being met," Gaz-System's spokeswoman Malgorzata Polkowska said on Saturday.
We know a lot about what Warren Buffett thinks about investments and businesses. But we don't know as much about what he thinks about real estate and homes.
Robert Bonfiglio, a private wealth adviser, and Brent Kiley, a financial adviser with Bonfiglio Kiley and Associates, a private wealth advisory practice of Ameriprise Financial, received high marks from their clients in the recent Ameriprise Financial Client Relationship Study. Both ranked in the top 25 percent of all Ameriprise advisers, receiving a score of 96 percent or higher based on overall client satisfaction.
Mark Finn, who runs T. Rowe Price's Value Fund, routinely beats his peers. Why he likes MetLife, GE, and JPMorgan Chase.
I am a fellow at the National Center for Policy Analysis and a CNBC contributor. I'm also a former Chancellor of the Texas A&M University system.
The Verizon Communications Inc. logo is seen at the International Consumer Electronics Show in Las Vegas, Nevada, U.S., on Thursday, Jan. 12, 2012. The 2012 CES trade show, which runs through Jan 13, features more than 2,700 global technology companies presenting consumer tech products and is expected to draw over 140,000 attendees.
CVC Credit Partners, the credit arm of London-based CVC Capital Partners, has had preliminary discussions with at least one investor about launching a fund earmarked to buy stressed-but-performing loans on the books of European banks. The credit business, which has $11.8 billion in assets under management, in both the United States and Europe, intends to target some $750 million for the fund, according to an investor who reviewed a draft of the PPM.
Updated: Mon Sep 15, 2014 10:10 pm
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