Archive for December, 2007
The Pak China Investment Company Limited will provide complete investment banking services to specialized industries. It is the largest joint venture investment company in Pakistan, with initial capital equivalent to $200 million. Pakistan has an extremely competitive economy to invest in and to make huge profits, as explained by Mr. Guo Yonghong, CEO of China [...]
Mortgage Applications Lowest in a Year
0 Comments Published by admin December 27th, 2007 in Finance.Mortgage applications have sank to the lowest level since the end of last year, despite the falling cost of borrowing. Michelle Meyer, economist at Lehman Brothers said “…I would say the housing shock is about half-way over, I think we still have a big correction ahead of us”.
Saturna Capital is led by Nicholas Kaiser, who since 1984 has managed two highly rated socially resposible funds that are compatible with Islamic Law. Devout Muslims follow strict rules about money, including a prohibition against interest earned with businesses that don’t line up with their religious convictions; Mark Schwanhausser talked with Kaiser about this delicate [...]
Running around trying to add yet another gift under the tree? Don’t let the opportunity slip by to give them a head start on saving and investing. Especially for the over-12 set, there are some good books aimed at teens and preteens specifically, written by Streetwise, The Idiot’s Guide, and the Motley Fool. To add even [...]
Morgan Stanley Suffers First Quarterly Loss in 72-Year History
0 Comments Published by admin December 20th, 2007 in Finance.Morgan Stanley lost $3.61 per share in the fourth quarter, which is much steeper than the anticipated loss of $.39 per share by most analysts. John Mack, the chairman and chief executive at Morgan Stanley called the results, “embarrasing”. The firm will cut back on its mortgage business and take fewer investment risks while they [...]
Goldman Rounds Out the Year with Record Increases
0 Comments Published by admin December 19th, 2007 in Finance.Despite all the turmoil in the financial markets, Goldman Sachs topped fourth-quarter estimates. Net income increased 2%, and EPS rose 6%, while profits for the year rose a full 21%. Their success is attributed to increased client activity, strong commodity results, and the sale of a majority interest in 14 power generation facilities that netted [...]
Is the Next Generation Doomed to Financial Ruin?
0 Comments Published by admin December 18th, 2007 in Finance.These days, kids in their teens and early twenties are more highly economically influential than any generation before them. Many retailers aimed at this segment of the market have seen marked gains in the last five and more years, and Social Media is teeming with opportunity for large corporate giants. By the time this influential segment [...]
Investing in Your Childrens’ Business Ventures
0 Comments Published by admin December 17th, 2007 in Finance.Many young entrepreneurs of today look to their logical first choice for their initial invesment: their parents. Before you jump to assist your children, make sure you consider all implications including loan terms, alternatives, and legal implications. First, make sure your child’s business plan is a sound one. “Without taking away from their ideas, try [...]
Since 2002, the U.S. dollar has lost much of its power dropping more than 39% against the Euro from $0.88 to $1.45, and over 64% against gold. These statistics clearly illustrate that any notion of protecting your cash in savings accounts or CD’s can be very high risk. In comparison, overseas investments have risen dramatically [...]
Trade Imbalances with China Not Eased with Recent Economic Talks
0 Comments Published by admin December 13th, 2007 in Finance.Two days of economic talks with China did little to solve massive trade deficits, at a rate of $256 billion annually. The record levels of imports from China are led by products in the toy, game, and television sectors. This growing deficit has triggered a backlash in Congress, with pending bills aimed at penalizing China [...]
Giving up control of your 401K for the potential of better return rates.
0 Comments Published by admin December 12th, 2007 in Finance.Some companies are offering new 401K options that take your retirement needs into account. Devon Energy is a company offering a “Super 401K” that is geared towards your specific retirement date; the employee simply determines their contribution rate, and the fund managers do the rest, selecting funds with time that best meet the needs of [...]
Social Media is Target of Venture Capitalists
0 Comments Published by Langston December 10th, 2007 in Finance.Venture capitalists have long been investing in the technology industry, and with the explosion of social media their investing has only increased. Some of the biggest success stories are facebook, myspace, and youtube, facebook and myspace are social networking sites and YouTube is a site allowing users to upload their own videos (see Gorilla Trades‘ [...]
Americans lag behind in household saving rates
0 Comments Published by admin December 10th, 2007 in Finance.A.G. Edwards released their annual Nest Egg Index, ranking the top 500 metro areas in the U.S. for investing and savings habits. Americans on average only save 0.4% of their annual income, down drastically from 12% only 25 years ago. “The U.S. as a whole is not doing very well saving money,” says Sophie Beckman, [...]
IMAX Corp. has signed a deal with industry giant AMC Entertainment to install digital projection systems in 100 theatres nation wide. The rollout will begin in July 2008 in 24 key markets, with successive rollouts through 2010. “Partnering with AMC in a theatre deal of this size and scope is a transformational moment for our [...]
More and more businesses are becoming aware of the need to monitor how their brand name appears in the search results. This has let to the establishment of the field of online reputation management. Test it out and do a search in Google for your brand or name. What sort of results do you see? [...]
VantagePoint Venture Partners Expands Investment Team
0 Comments Published by admin December 6th, 2007 in Finance.SAN BRUNO, Calif.—-VantagePoint Venture Partners, one of the nation’s leading venture capital firms, today announced the expansion of its investment team with the appointments of venture capital industry veterans Tom Bevilacqua and Bill Harding as Managing Directors and Co-Heads of the Information Technology Practice Group, Craig Cooper as Venture Partner in the Information Technology [...]
Energy Expert Bruce Pasternack Joins CMEA Ventures as Venture Partner
0 Comments Published by Tim December 6th, 2007 in Finance.SAN FRANCISCO—-CMEA Ventures announced today that Bruce Pasternack has joined the firm as a venture partner. Pasternack’s addition is strategic for CMEA’s Energy & Materials investment practice at a time when this sector is experiencing unprecedented growth in investment opportunities and start up investments can benefit from as much experience as possible to meet [...]
Chevron Announces $22.9 Billion Capital and Exploratory Budget for 2008
0 Comments Published by Langston December 6th, 2007 in Finance. Chevron Corporation today announced a $22.9 billion capital and exploratory spending program for 2008, a 15 percent increase from estimated outlays of $20 billion in 2007. Included in the 2008 program are $2.6 billion of expenditures by affiliates, which do not require cash outlays by Chevron’s consolidated companies.
Read More at PR Newswire via Yahoo! [...]
21st Century Business TV Series & Architecture & Design Television Is Now Streaming
0 Comments Published by Liz December 6th, 2007 in Finance. BOCA RATON, Fla.—-Multi-Media Productions , Inc. announces that 21st Century Business & Architecture & Design Television, hosted by General Alexander Haig and Hunter Tylo, respectively, is currently available for viewing via video streaming on the 21CB and Architecture and Design website: http://www.21cbtv.com and http://www.arctv.com
Read More at Business Wire via Yahoo! Finance…
Kansas ranks 24th in quarterly venture capital investment report
0 Comments Published by admin December 6th, 2007 in Finance.Kansas companies received $6.7 million in venture capital in the third quarter of 2007 according to the MoneyTree Report from PricewaterhouseCoopers and the National Venture Capital Association based on data provided by Thomson Financial.
Read More at BizJournals…
CVC Infrastructure Names Stephen Vineburg Chief Executive; To Launch $2 Bln Fund In 2008
0 Comments Published by Langston December 6th, 2007 in Finance.(RTTNews) – Private equity firm CVC Capital Partners Wednesday reported that Stephen Vineburg has been appointed as Chief Executive of its new infrastructure investment business.
Read More at Nasdaq…
Global Venture Capital Investment On Pace to Top $40 Billion in 2007 Amid Favorable Exit Environment
0 Comments Published by Liz December 6th, 2007 in Finance. With more than $30 billion invested through the first three quarters of the year, venture capital activity in the U.S., Europe, China and Israel in 2007 is on pace to post its highest annual investment total since 2001, according to a global year-end analysis by Dow Jones VentureOne and Ernst & Young.
Read More at [...]
Venture capital trusts provide a wide range of investments – including marketing pop events, says Paul Farrow
Read More at Daily Telegraph…
TuVox Raises $20 Million of Expansion Capital
0 Comments Published by Jerry December 5th, 2007 in Finance. CUPERTINO, Calif.—-TuVox, the caller experience company, has announced that it has closed $20 million of financing. This additional capital provides TuVox the ability to accelerate expansion of its core business and invest in new areas of growth.
Read More at Business Wire via Yahoo! Finance…
Starting a business with your better half can reap huge rewards–and unique problems.
Read More at Entrpreneur.com…
The European Bank for Reconstruction and Development dropped plans to create a Russian venture capital fund after a shareholder in the fund’s management company claimed he was leading a “velvet reprivatisation” drive for the state.
Read More at FT.com via Yahoo! News…
Some stocks survive no matter the state of the economy
0 Comments Published by Langston December 4th, 2007 in Finance.Whether you use the newspaper, the TV, or an online service, like Gorilla Trades, you will notice that some stocks keep growing no matter what the economy is doing. The rate at which they grow may speed up or slow down but they keep moving in one direction – up. One great example of this [...]
VC investments grow 5 times so far this year: E&Y
0 Comments Published by Liz December 4th, 2007 in Finance.Venture capitalists invested more than $777 million in 57 deals for entrepreneurial companies in India during the first three quarters of 2007, according to the Quarterly India Venture Capital Report published for the first time by Dow Jones VentureOne and Ernst & Young.
Read More at Business Standard India…
Ventura Reports Second Quarter Results and Advancement of Business Strategy
0 Comments Published by Langston December 3rd, 2007 in Finance. Ventura Gold Corp. reported a net loss of $314,641 for the three months ended September 30, 2007. The Company also completed the period with approximately $3.5 million in cash, working capital of $3.9 million and $1.5 million in securities held-for-trading and long-term investments.
Read More at Marketwire via Yahoo! Finance…
Venture Capital Investment in India Skyrockets in First Nine Months of 2007, Reaching $777 Million
0 Comments Published by Jerry December 3rd, 2007 in Finance. Venture capitalists invested more than $777 million in 57 deals for entrepreneurial companies in India during the first three quarters of 2007, according to the Quarterly India Venture Capital Report published for the first time today by Dow Jones VentureOne and Ernst & Young.
Read More at PR Newswire via Yahoo! Finance…