World News
Asset Management Post News Coverage from hundreds of sources.
Heir Merckle in tussle with banks over Phoenix Read Full Article
The Guardian
By Ludwig Burger and Frank Siebelt FRANKFURT, March 10 (Reuters) - Ratiopharm owner Ludwig Merckle has turned down offers for drugs distributor Phoenix, as he struggles to retain control over his late father's diminished business empire, sources close to the matter said Wednesday. Creditor banks...
ACFAW.COM Inc. announces change of name, share consolidation and financing with the MineralFields Group. Read Full Article
Canada Newswire
MONTREAL, March 10 /CNW Telbec/ - ACFAW.COM INC. (CNSX: ACW)(C: ACW) is pleased to announce that, at its Annual and Special Meeting held in Montreal on March 3, 2010, the shareholders have approved the change of its name for St-Georges Platinum and Base Metals Ltd, and the consolidation of its...
Clark named director of player relations for MLBPA Read Full Article
The News & Observer
Former MLB veteran Tony Clark has been hired by the MLBPA as director of player relations. A 15-year-veteran who retired during the 2009 season, Clark was a club player representative for the Red Sox and Diamondbacks and spent his last several seasons as an associate player representative. "It is an...
Propex Focused on Technology, Innovation, and Financial Strength Read Full Article
Stockhouse
CHATTANOOGA, Tenn., March 10, 2010 /PRNewswire via COMTEX News Network/ -- One year after being acquired by a private equity group, the leadership at Propex Operating Company, LLC, says that the emerging economic recovery will find the company ideally positioned to leverage its global and U.S....
Mackenzie Investments announces result of special meeting Read Full Article
Stockhouse
TORONTO, Mar 10, 2010 (Canada NewsWire via COMTEX News Network) -- Mackenzie Financial Corporation ("Mackenzie Investments") announced the result of the special meeting held today of investors in Mackenzie Universal...
Bull Market? Stock Funds' Flows Don't Show It Read Full Article
Wall Street Journal
By SAM MAMUDI Investors often flee the stock market and then jump back in, but too late for their own good. The evidence of the past year fits the pattern: New money coming to stock mutual funds has been negligible even as returns have been among the best on record. An influx into stocks in the...
Carr Properties names new CFO Read Full Article
Business Journal
Print Reprints RSS Feeds LinkedIn Share Comments Send this story to a friend Email address of friend (insert comma between multiple addresses): Your email address: Add a brief note: Enter words from the security image above: Get new image | Audio verification | reCAPTCHA™ Alexandria approves...
The Buzz: Bailout rage? Citi, AIG, Fannie, Freddie surging. Read Full Article
CNN
March 10, 2010: 12:51 PM ET NEW YORK (CNNMoney.com) -- Investors had a funny way of commemorating the first anniversary of the market's bottom on Tuesday. They rewarded some of the stocks responsible for most of the problems in the first place. Shares of Citigroup (, ), AIG (, ), Fannie Mae (, ) and...



Citigroup Tests Waters in Preferred Securities SaleRead Full Article
ABC News
By John Parry March 10, 2010 NEW YORK (Reuters) - Citigroup's launch of preferred securities on Wednesday is a potentially major test of market sentiment, one year after prices of bank bonds and stocks plunged to multi-year lows, analysts said. Since those lows, major financial institutions have repaid much of the U.S. government...
Dewa signs contracts worth Dh3.13b to expand infrastructureRead Full Article
Gulf News
Dubai: The Dubai Electricity and Water Authority (Dewa) yesterday signed six contracts with a combined value of Dh3.13 billion to expand the emirate's utility infrastructure, Saeed Mohammad Al Tayer, Managing Director and CEO of Dewa, said at the Wetex 2010 exhibition. Of these, France's Areva T&D SA received the biggest contract, worth Dh1.03...
FTSE 100 shares edge higherRead Full Article
Yahoo Daily News
LONDON (AFP) – Leading shares closed higher on Wednesday in cautious trading as market players digested the latest batch of company results and awaited key US economic data later this week. The benchmark FTSE 100 index added 0.68 percent to close at 5,640.57 points. Markets were...
Standard Life annual profits jump to $109 million from just $3 millionRead Full Article
Stockhouse
MONTREAL - Standard Life Financial Inc., a Canadian financial services company that's part of the Scottish-based Standard Life plc group, reports its net profits for 2009 rose to $109 million from just $3 million the previous year. "In Canada, Standard Life has...
Empire Company Posts Q3 ResultsRead Full Article
Stockhouse
STELLARTON, NS, Mar 10, 2010 (Canada NewsWire via COMTEX News Network) -- Empire Company Limited (TSX: EMP.A) today announced financial results for its third quarter ended January 30, 2010. For the quarter, the Company recorded earnings before capital gains (losses) and other items of $68.3 million ($0.99 per share) compared to $64.8 million ($0.98 per share) in the third quarter last year. Net earnings for the third...
The demise of boutique bank Pali CapitalRead Full Article
MSNBC
NEW YORK - In September 2008, as Lehman Brothers was breaking into a million pieces, a young investment bank was pushing up through the rubble. Pali Capital, a boutique firm specializing in derivatives and fixed-income trading, was one of the few financial outfits hiring traders and bankers — often from the likes of imploding Wall Street behemoths like Lehman and Merrill Lynch. With its annual revenue on pace to top...
AGL Resources Mourns Death of Sequent Energy Management PresidentRead Full Article
redOrbit
Posted on: Wednesday, 10 March 2010, 07:00 CST ATLANTA, March 10 /PRNewswire-FirstCall/ -- AGL Resources (NYSE: AGL) today reported that one of its executives, Sequent Energy Management President Douglas N. Schantz, was found deceased yesterday after apparently falling accidentally into the Mississippi River in New Orleans. "Our hearts are heavy. Doug was a dear friend to all who knew him and a...
Barclays boosted by US talk as FTSE 100 hits a 21 month highRead Full Article
The Guardian
A spate of speculation put some life into the market, pushing the FTSE 100 to its highest level since June 2008. Financial shares were among those in the spotlight, with adding 2.05p to 347.85p on talk it could be interested in buying a US retail bank to add to its successful investment banking business. Although there was no official comment, many analysts believe such a deal would make sense, with suggested targets...
Headlines »
Get News Updates by Email