Swedish Financial

Asset Management Information News

  • PinnacleAIS to Speak at 2009 API Inspector Summit Tuesday, January 6, 2009 @ 1:00AM HOUSTON----Ryan Sitton, President and CEO of PinnacleAIS, was asked to speak at the upcoming API Inspector Summit occurring in Galveston, Texas January 27th through January 30th. PinnacleAIS is a leading provider of services and technology specializing in improved asset integrity for the petroleum and chemical processing industry.
  • NY Fed Begins Buying Mortgage Securities Tuesday, January 6, 2009 @ 12:02AMNEW YORK (AP) – The Federal Reserve Bank of New York reported Monday it has begun purchasing mortgage-backed securities in an effort to bolster the ba....
  • Japan trust fund net outflows triple in December Monday, January 5, 2009 @ 10:35PMTOKYO, Jan 6 (Reuters) - Net outflows from Japanese investment trusts tripled in December from the previous month on the gloomy outlook for the global economy, which also curbed fresh inflows, industry data showed on Tuesday.
  • Nomura Introduces Stock Price Targets, Changes Rating System Monday, January 5, 2009 @ 9:35PMJan. 6 (Bloomberg) -- Nomura Holdings Inc. , Japan’s biggest securities company, will today introduce target prices for stocks it rates and will alter its recommendation system.
  • NY Fed begins purchasing mortgage securities Monday, January 5, 2009 @ 10:50AMNEW YORK -- The Federal Reserve Bank of New York said Monday it has begun purchasing mortgage-backed securities in an effort to bolster the battered housing market.
  • Fed begins purchasing mortgage securities Monday, January 5, 2009 @ 10:46AMWill spend up to $500-billion on secured housing debt
  • Fed begins purchasing mortgage securities Monday, January 5, 2009 @ 10:40AMThe Federal Reserve Bank of New York said today it has begun purchasing mortgage-backed securities in an effort to bolster the battered housing market.
  • NYSE Euronext to Host Investor Day on Wednesday, Feb. 11, 2009 Monday, January 5, 2009 @ 10:22AM NEW YORK----NYSE Euronext will host an investor day for the professional investment community on Wednesday, Feb. 11, 2009, at the New York Stock Exchange, 11 Wall Street, New York, NY.
  • Veteran ETF Analyst Paul Mazzilli Named Senior Advisor at IndexIQ Monday, January 5, 2009 @ 9:56AM NEW YORK----IndexIQ, a leading developer of index-based alternative investment solutions, announced today that Paul Mazzilli has been named Senior Advisor to IndexIQ and a member of the firm’s Advisory Board.
  • Victory Completes Acquisition of Independent Monday, January 5, 2009 @ 9:05AM TORONTO, ONTARIO-- - Victory Nickel Inc. and Independent Nickel Corp. hereby announce the completion of the previously announced amalgamation of Independent and 2190583 Ontario Inc., a wholly-owned subsidiary of Victory, pursuant to an amalgamation agreement dated November 19, 2008, as amended by an agreement dated as of December 24, 2008, among Victory, Independent and 2190583 Ontario Inc. .
  • Art Institute to open northwest campus in summer Monday, January 5, 2009 @ 1:48AMThis summer, students looking to enhance their artistic abilities won’t have to drive into the loop to get an education.
  • George Korthauer wraps up 25 years as Petoskey city manager Monday, January 5, 2009 @ 1:20AMAs many who’ve worked with George Korthauer see it, there’s much that the longtime Petoskey city manager has helped the community accomplish.
  • Aero-News: Quote Of The Day (01.05.09) Monday, January 5, 2009 @ 1:12AM"The outlook is bleak. The chronic industry crisis will continue into 2009 with US$2.5 billion in losses. We face the worst revenue environment in 50 years." Source: IATA Director General and CEO Giovanni Bisignani. The International Air Transport Association (IATA) released its forecast for 2009, showing an industry loss of US$2.5 billion. All regions, except the US, are expected to report ...
  • Aero-TV At I/ITSEC 2008: Sim Technology Advances Monday, January 5, 2009 @ 1:12AMI/ITSEC 2008: Almost Like The Real Thing... The largest exhibition of modeling and simulation technology in history was held just a few weeks ago Orlando from December 1-4, 2008. Thanks to the able guidance of the folks of I/ITSEC, especially their John Williams, the Interservice/Industry Training, Simulation and Education Conference, Aero-TV got another good long look at some of the impressive ...
  • NTSB Releases Final Report On NE Extra 300 Downing Monday, January 5, 2009 @ 1:12AMProbable Cause: Flight Into IMC, Marijuana Intoxication The National Transportation Safety Board has released its in-depth final report on the fatal crash of an Extra 300/L (see illustration below) on the morning of last June 5 near Gothenburg, NE.
  • Tempe AZ Students Win Honeywell Fiesta Bowl Aerospace Challenge Monday, January 5, 2009 @ 1:12AMWinning Team Gets Free Trip To The Johnson Space Center in Houston The tenth annual Honeywell Fiesta Bowl Aerospace Challenge, held at the Challenger Space Center in Peoria, AZ, was won Friday by a team of seventh and eighth grade students from the Tempe Tri-City Christian Academy, as teams from six area schools competed by building models of next-generation space stations.
  • UPDATE 1-Yellen says Fed can expand unconventional policies Sunday, January 4, 2009 @ 5:22PMSAN FRANCISCO, Jan 4 (Reuters) - The Federal Reserve is prepared to expand its unconventional policy measures, to support the U.S. economy, Janet Yellen, president of the San Francisco Federal Reserve Bank, said on Sunday.
  • Nine BI Megatrends for 2009 Sunday, January 4, 2009 @ 5:00PMOpen source software, rich, dynamic interfaces and column-store databases: these are just a few of the trends that will reshape business intelligence and information management in the year ahead. Get ready for the next waves that will help you ride out a tough economy.
  • Yellen says Fed far from out of policy tools Sunday, January 4, 2009 @ 4:52PMSAN FRANCISCO, Jan 4 (Reuters) - The Federal Reserve will use all of its tools, including unconventional policy measures, to support the U.S. economy and financial markets, Janet Yellen, president of the San Francisco Federal Reserve Bank, said on Sunday.
  • Straus may name supporters; Craddick, backers to meet Sunday, January 4, 2009 @ 4:22PMRepublican lawmaker Joe Straus weighed releasing the names of his supporters for speaker today, as GOP incumbent Tom Craddick’s backers questioned the challenger’s credentials and looked toward their own strategy meeting.
  • NZX Announcements: TEM Sunday, January 4, 2009 @ 3:26PMTEM 05/01/2009 NTA REL: 0950 HRS Templeton Emerging Markets Plc NTA: TEM: TEM - NTA Templeton Emerging Markets Investment Trust PLC ("TEMIT") On behalf of TEMIT, Franklin Templeton Investment Management Limited reports the unaudited cum-income net asset value ("NAV") of TEMIT as at 30th December 2008 was ?1,001m, representing a NAV of 303.02 pence per share.
  • NZX Announcements: TEM Sunday, January 4, 2009 @ 3:26PMTEM 05/01/2009 NTA REL: 0952 HRS Templeton Emerging Markets Plc NTA: TEM: NTA - TEM Templeton Emerging Markets Investment Trust PLC ("TEMIT") On behalf of TEMIT, Franklin Templeton Investment Management Limited reports the unaudited cum-income net asset value ("NAV") of TEMIT as at 31st December 2008 was ?995m, representing a NAV of 301.21 pence per share.
  • Statement by Dow Chemical Company on JV agreement with PIC of Kuwait Sunday, January 4, 2009 @ 8:04AMAndrew Liveris, Chairman and CEO of The Dow Chemical Company, issued the following statement today on the current discussion and debate over the Company’s joint venture agreement with Kuwait’s Petrochemical Industries Company (PIC).
  • Indian Stocks Climb to Two-Week High After Inflation Declines Thursday, January 1, 2009 @ 5:52AMJan. 1 (Bloomberg) -- Indian stocks rose, with the Sensitive Index climbing to its highest in two weeks, after the nation’s inflation rate fell to the lowest since early March, giving the central bank scope to cut interest rates further.
  • Zacks Analyst Blog Highlights: Marriott International, American Axle & Manufacturing Holdings, Inc., American Capital ... Thursday, January 1, 2009 @ 5:26AMZacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Marriott International (NYSE: MAR), American Axle & Manufacturing Holdings, Inc. (NYSE: AXL), American Capital Agency Corp. (NASDAQ: AGNC), American ...
  • Preventing Laptop Theft This Holiday Travel Season Thursday, January 1, 2009 @ 5:00AM(ARA) - Many people will be traveling this holiday season to visit family and friends and will bring their expensive laptops along on the trip. Most of these travelers will not have considered that thousands of laptops are stolen from airports every week.
  • Zacks Analyst Blog Highlights: Marriott International, American Axle & Manufacturing Holdings, Inc., American Capital ... Thursday, January 1, 2009 @ 5:00AM CHICAGO----Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets.
  • MunicipalBonds.com Acquired: New Site for Retail Investors Launching January 21, 2009 Wednesday, December 31, 2008 @ 11:00PM MunicipalBonds.com announced today that it has been acquired by a company wholly owned by Bhu Srinivasan. Bhu Srinivasan plans on launching the new MunicipalBonds.com on January 21, 2009.
  • Nanika Announces Closing of Non-Brokered Flow-Through Private Placement with MineralFields Group Wednesday, December 31, 2008 @ 5:52PM VANCOUVER, BRITISH COLUMBIA-- - Nanika Resources Inc. announces that in accordance with the terms of the a total of 7,150,000 flow-through units at the price of $0.04 cents with each unit being comprised of one flow-through common share and one-half of one warrant, with each full warrant exercisable to acquire a further non flow-through share at the price of $0.10 during the first year from ...
  • AP Financial NewsBrief at 6:23 p.m. EST Wednesday, December 31, 2008 @ 5:47PMNEW YORK (AP) _ The last trading day of 2008 on Wall Street provided a merciful end to an abysmal year _ the worst since the Great Depression, wiping out $6.9 trillion in stock market wealth.
  • Grimmest of years ends with ray of hope Wednesday, December 31, 2008 @ 5:44PMHONG KONG: Asian shares rounded out their worst year ever yesterday, down 50% after 12 months of financial market and economic turmoil, but optimism that 2009 will be an improvement lifted stocks for a third straight session.
  • Disappointing 2008 with KLCI losing nearly 39% amid global crisis Wednesday, December 31, 2008 @ 5:43PMPETALING JAYA: For investors, 2008 is a year which they wished to forget as soon as possible after the KL Composite Index (KLCI) fell 38.9%.
  • Anil Choudhary, Wednesday, December 31, 2008 @ 3:16PMThe Warehousing Act will ensure liquidity to farmers against their produce, says managing director of the National Bulk Handling Corporation (NBHC), the warehousing, assaying, grading and certifying arm of the country’ largest commodity exchange the Multi Commodity Exchange of India (MCX) in an interview with Dilip Kumar Jha.
  • Strategic Global Income Fund, Inc. — Distribution Characteristics for December 2008 Wednesday, December 31, 2008 @ 3:16PM Strategic Global Income Fund, Inc. (the "Fund”) (NYSE: SGL), a non-diversified, closed-end management investment company seeking a high level ...
  • Janus Finalizes Deal to Purchase Additional Stake in Perkins, Wolf, McDonnell and Company, LLC Wednesday, December 31, 2008 @ 3:15PM DENVER----Janus Capital Group Inc. today announced the purchase of an additional 50% ownership interest in value manager, Perkins, Wolf, McDonnell and Company, LLC . The $90 million deal, which closed today, gives Janus an 80% stake in the Chicago-based firm.
  • (AFX UK Focus) 2008-12-31 21:09 UPDATE 3-GMAC eases debt burden with $21.2 billion swap Wednesday, December 31, 2008 @ 3:14PMBy Jonathan Stempel
  • (AFX UK Focus) 2008-12-31 21:10 UPDATE 3-GMAC eases debt burden with $21.2 billion swap Wednesday, December 31, 2008 @ 3:14PMBy Jonathan Stempel
  • Strategic Global Income Fund, Inc. Distribution Characteristics for December 2008 Wednesday, December 31, 2008 @ 3:09PM NEW YORK----Strategic Global Income Fund, Inc. , a non-diversified, closed-end management investment company seeking a high level of current income as a primary objective and capital appreciation as a secondary objective through investments in US and foreign debt securities, today announced its distribution characteristics for the month of December 2008.
  • IAMGOLD Completes $20 Million Private Placement in Orezone Wednesday, December 31, 2008 @ 3:07PM IAMGOLD Corporation(NYSE: IAG)(BOTSWANA: IAMGOLD) completed the previously announced purchase on a private placement basis of 71,428,571 common shares of Orezone Resources Inc. at a price of Cdn$0.28 per share for gross proceeds to Orezone of Cdn$20 million.
  • Canada Stocks Rally, Paring 2008 Decline, as Gold, Oil Advance Wednesday, December 31, 2008 @ 3:03PMDec. 31 (Bloomberg) -- Canadian stocks rose a third day, paring the market’s biggest annual drop since 1931, as banks and commodity producers gained on speculation interest rate cuts and economic aid will shore up consumer demand.
  • BRS Announces Preliminary Fiscal 2008 Results Wednesday, December 31, 2008 @ 3:00PM Ballistic Recovery Systems, Inc. (Pinksheets: BRSI) announced today preliminary unaudited financial results for its fiscal year ended September 30, 2008.
  • Brown & Brown, Inc. Announces the Asset Acquisition of Gallagher Associates, Inc. Wednesday, December 31, 2008 @ 3:00PM Thomas E. Riley, Regional President of Brown & Brown, Inc., and John J. "Jack" Gallagher, Jr. and John F. "Jack" Corbett of Gallagher Associates, Inc., of Blackwood, New Jersey, announce the asset acquisition of Gallagher Associates, Inc. by a subsidiary of Brown & Brown, Inc.
  • Fund managers beat job loss blues Friday, December 26, 2008 @ 3:31PMDownsizing, lay-offs and salary cuts may be doing the rounds of corporate India, but a close look at Indian mutual fund industry shows that churn of people has been within the industry, with fund managers still in demand.
  • MFs, life insurers eye pension business Friday, December 26, 2008 @ 3:31PMMost mutual fund players and life insurance companies are planning to bid for appointment as pension fund managers for all citizens after the Pension Fund Regulatory and Development Authority (PFRDA) today decided to seek expression of interest from prospective fund managers.
  • Job Description: Friday, December 26, 2008 @ 11:38AMOur Production organization (EMPC) has is starting up an activity with an objective to source 50-60 Staff Contractors over the next 12 months or so, with the expectation to start deployments within the next 2-3 months.
  • UPDATE 2-Jones Apparel reduces lines of credit, shares surge Friday, December 26, 2008 @ 10:22AMCHICAGO, Dec 26 (Reuters) - Jones Apparel Group Inc said on Friday it reduced its $1.25 billion lines of credit to a single line of credit of $600 million in return for more flexibility, sending shares up as much as 41 percent.
  • Being a landlord could affect retirement Friday, December 26, 2008 @ 10:22AMQ. I am planning to retire soon. I run a small neighborhood restaurant and I own the building we are in. I want to sell the business but keep the property. Would I be better off selling the property or being the landlord?
  • Community Foundation hires director Friday, December 26, 2008 @ 10:09AM The Community Foundation of Greater Butler County has successfully hired a new leader after a thoughtful executive search.
  • Early Suspicions About Bernard Madoff Friday, December 26, 2008 @ 9:44AMOn December 12, 2008, the Wall Street Journal headlined: "Top Broker Accused of $50 Billion Fraud. Bernard L. Madoff....was arrested by federal agents (the previous day) after his sons turned him in for running what they said their father called a giant Ponzi scheme."
  • PTTEP’s subsidiary signs Share Sales Agreement to acquire Coogee Resources Limited Wednesday, December 24, 2008 @ 8:55PMPTT Exploration and Production Public Company Limited (“PTTEP”), through its wholly owned Australian subsidiary, has today signed a conditional Share Sales Agreement to acquire a 100% equity interest