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Tax Credit to Save UBS from Another Hefty Loss - CNBC
Battered Swiss bank UBS said on Friday it should be saved from another hefty loss in the second quarter by a large tax credit, giving a much-needed boost to its share price. UBS, which has written $37 billion off its assets as a result of the credit ...
Focus on foreign investments seeking product control: Swan - The Australian
THE Federal Government will scrutinise foreign interest by firms seeking to control assets that produce a product they benefit from. Australian Treasurer Wayne Swan made the comments today in a speech at an Australia-China Business Council function ...
Fed's Bear portfolio shrinks more than $1 bln - Reuters
NEW YORK, July 3 (Reuters) - The Federal Reserve's portfolio of Bear Stearns assets is currently worth $28.89 billion, the central bank estimated on Thursday, down more than $1 billion from its original value. In March, the Fed orchestrated a buyout ...
Brentwood investment manager files bankruptcy - Nashville Tennessean
A Brentwood investment manager has filed for bankruptcy and shut his doors. Michael Jinyong Park this week asked a Middle Tennessee bankruptcy court to liquidate his assets and closed down his firm, Park Capital Management Group. Park and his ...
Five Star Quality Care, Inc. Joins Russell 2000(R) and Russell 3000(R ... - MSN MoneyCentral
Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for both passive and active investment strategies. The Russell indexes currently have approximately $4.4 trillion in assets ...
How Separate Managed Accounts work
The investment management world is divided into retail and institutional investors. A separately managed account is a portfolio of assets under the management of a professional investment firm. SMAs differ from pooled vehicles like mutual funds in that each portfolio is unique to a single account (h ...
MBIA sold $4 bln of assets to meet obligations
MBIA sold $4 bln of assets to meet obligations July 1st, 2008 By Joan Gralla NEW YORK (Reuters) - MBIA Inc (MBI ... of our insurance policies, GICs (guaranteed investment contracts), medium-term notes and other debt instruments
South Africa: Time and Patience are of the Essence in Investment - AllAfrica.com
South Africa: Time and Patience are of the Essence in Investment