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Pioneer Investments Declares Monthly Distributions for Closed-End Funds (Centre Daily Times)
Pioneer Investments today announced the declaration of dividends for five closed-end funds for September 2008. The closing market price, annualized distribution rate and NAV distribution rate are based on data as of September 4, 2008.
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Investments Are Faltering in Chrysler and GMAC (New York Times)
The investment fund Cerberus Capital Management is racing to salvage multibillion-dollar investments in the automaker Chrysler and GMAC, the financing arm of General Motors.
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SM Investments taps Carlson to manage Cebu hotel (Manila Standard Today)
SM Investments Corp. yesterday said it tapped the services of Carlson Hotels Worldwide-Asia Pacific (Carlson) to manage and operate its P2.8-billion five-star hotel in Cebu City.
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Investigator grills Lee County manager on questionable investments (Naples Daily News)
In about two hours of questioning Thursday afternoon as part of a commission-ordered investigation, Lee County Manager Don Stilwell gave his account of his real estate investments with his son-in-law. Stilwell’s son-in-law, Samir Cabrera, has been indicted on 12 federal fraud charges.
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Templeton `Sitting Tight' on Thailand Investments, Mobius Says (Bloomberg.com)
Sept. 4 (Bloomberg) -- Templeton Asset Management Ltd. is ``sitting tight'' on its investments in Thailand, where it has ``a lot already,'' Executive Chairman Mark Mobius said.
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Family Investments partners with Post Office to provide ISAs (Banking Business Review)
Family Investments has entered into an exclusive partnership with Post Office Financial Services to provide its customers with both cash and stocks and shares individual savings accounts which are now available through its 13,000 branch network and the Post Office website.
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Aruba Networks declines after analyst downgrade (AP via Yahoo! News)
Aruba Networks Inc. shares fell Friday after an analyst downgraded the stock to "Equal Weight," saying that despite strong sales, ongoing capital investments are limiting the company's ability to increase its earnings.
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AIG Investments Invests in the Advento Group (PR Newswire via Yahoo! Finance)
AIG Investments today announced a R$60 million investment in Advento Participacoes S.A. .
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NYMAGIC, INC. Provides Update on Investments and Operations (PR Newswire via Yahoo! Finance)
NYMAGIC, INC. today provided an update on the Company's investments and operations.
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Unraveling TVA investments (Contra Costa Times)
EVERY WEEK, it seems, I receive two or three questions about two issues of Tennessee Valley Authority bonds reshaped into stocks and trading on the New York Stock Exchange under the symbols TVC and TVE and offering yields of about 5 percent.
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