U.S. Bank slapped with suit over $30M in investment losses - InvestmentNews
Posted by: admin in Investments and Raising MoneyU.S. Bank slapped with suit over $30M in investment losses - InvestmentNews
Woodmen of the World wants U.S. Bank to pay almost $30 million for investing some of the insurer’s assets in risky mortgage-backed securities that plummeted in value instead of the conservative investments the bank promised. Omaha-based Woodmen filed
Global Fund Flows Sputter - The Business Insider
equities year to date based on both mutual fund data from the Investment Company Institute, as well as aggregate ETF data , and given the big flows into corporate bonds, perhaps investors could reconsider U.S. equities on a relative value basis.
Coca-Cola to invest $5.8B in Brazil through 2014 - Charleston Daily Mail
ATLANTA (AP) - Coca-Cola Co. said Thursday it is investing $5.8 billion in Brazil in the next five years, a steep increase from its current investment. The world’s largest soft drink maker announced the investment - which lasts from 2010 to 2014 - on
Say investors warn against financial protectionism - The Daily Star
Tony Tan, deputy chairman of the Government of Singapore Investment Corp (GIC), stated the biggest danger facing the world economy in coming years is protectionist sentiment, which might be stoked by high unemployment rates. Tan, speaking at a business
Eaton Vance (NYSE: EFT) (NYSE: EFR) Closed-End Bank Loan Funds Declare - Transworld News
Eaton Vance Management, the Boston-based investment adviser, stated that the monthly distributions declared on the common shares of two of its closed-end bank loan funds (the “Funds”). As portfolio and market conditions change, the rate of future
Mexico Plans Large Gulf Tourism Center Near Texas - ABC News
Mexico is planning a massive new tourism center near the U Some $4 billion in private investment is supposed to go into the 20 square-mile (5,334-hectare) area.
Citi Sells Stake in Japanese Call Center - New York Times
Citigroup Capital Partners Japan, a private investment unit of Citi, will receive $1 billion for the 93.5 percent stake, Citigroup stated Sunday. The sale values the entire Bellsystem24 operation at $1.1 billion. Citigroup in October finished the sale
Deficit almost doubles for pension insurer - Jackson Clarion-Ledger
WASHINGTON — The government-chartered company that insures the pensions of one in seven Americans said Friday that its deficit this year nearly doubled to $22 billion. That’s an improvement over the Pension Benefit Guaranty Corp.’s midyear record
US-China Currency Dispute Forces Last-Minute Change To APEC - The Business Insider
The brewing talk over the Yuan peg has become a major issue at the APEC conference in Singapore, at which President Obama is in attendance. Reuters : The discord surfaced at a summit of the Asia Pacific Economic Cooperation (APEC) forum in Singapore
Investors clamor for Dollar General - Jackson Clarion-Ledger
was good news for its owner, investment firm Kohlberg Kravis Roberts, and other private equity owners who might be looking to unload portfolio companies and deliver some gains for their investors. Dollar General companies,” said David Menlow
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