Tuesday 10 November 2009

11/10 Yahoo! Finance: Diversified Investments Industry News

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Morgan Stanley trading behind Goldman (at FT.com)
November 9, 2009 at 7:30 pm

Morgan Stanley 's traders lost money on five of 64 trading days last quarter, a performance that underscored that the markets' gradual revival had not helped the bank close the gap with its arch-rival, Goldman Sachs , which had one losing day.

BC Partners to buy ATI for $500m (at FT.com)
November 9, 2009 at 6:35 pm

BC Partners, the UK-based private equity group, is poised to announce that it has tapped into the fast-expanding US education market by acquiring ATI Enterprises, a Dallas-based operator of 24 campuses, for about $500m .

Prospect Capital Announces Results for Quarter Ended September 30, 2009 (Marketwire)
November 9, 2009 at 5:48 pm


Harris & Harris Group Third Quarter Letter to Shareholders on Website (GlobeNewswire)
November 9, 2009 at 4:57 pm


Westway Group, Inc. Announces Third Quarter 2009 Financial Results (PR Newswire)
November 9, 2009 at 4:45 pm

Westway Group, Inc. announced today the financial results for the three-month period ended September 30, 2009.

Morgan Seeks Divestiture in China (Zacks.com)
November 9, 2009 at 4:18 pm


United Western Bancorp Suspends Dividend (Business Wire)
November 9, 2009 at 4:10 pm

DENVER----The board of directors of United Western Bancorp, Inc. , a holding company whose principal subsidiary is United Western Bank®, made the strategic decision to suspend its quarterly cash dividends.

Chaparral Energy Schedules Third Quarter 2009 Earnings Conference Call (PR Newswire)
November 9, 2009 at 4:10 pm

Chaparral Energy, Inc. announced today that it will hold a conference call on Thursday, November 12, at 2:30 p.m. Eastern / 1:30 p.m. Central to discuss its third quarter 2009 financial and operating results.

First Capital Bancorp, Inc. and Eastern Virginia Bankshares, Inc. Mutually Agree to Terminate Merger Agreement (PR Newswire)
November 9, 2009 at 4:00 pm

First Capital Bancorp, Inc. , the bank holding company for First Capital Bank, announced today the company and Eastern Virginia Bankshares, Inc. mutually agreed to terminate the definitive merger agreement signed April 3,

Baloney or not, this is important (at FT.com)
November 9, 2009 at 3:25 pm

Business is more than just an amused bystander at the "baloney war" going on among City economists about the accuracy of official preliminary figures showing a 0.4 per cent economic contraction in the third quarter.

Kraft bids (at FT.com)
November 9, 2009 at 2:45 pm

Not so much shock and awe as choc and bore. Kraft's opening salvo now the battle for Cadbury has begun in earnest was surprisingly short on firepower. By sticking to the terms of September's indicative offer, worth 745p per share, Kraft's sliding share price and exchange rate moves meant its formal bid was worth only 717p when it was published - and dropped further on Monday.

Representatives From the Robert Toigo Foundation to Ring the NASDAQ Stock Market Closing Bell (GlobeNewswire)
November 9, 2009 at 2:39 pm


Banker's bonuses: 40% bigger this year (at CNNMoney.com)
November 9, 2009 at 2:00 pm

Global financial firms are planning to increase bonus payments as strong financial markets propel banks back to profitability.

[$$] Bank Stocks Just Won't Play Along (at RealMoney by TheStreet.com)
November 9, 2009 at 1:45 pm


Four Metrics To Gauge the Market (at Minyanville.com)
November 9, 2009 at 1:20 pm


Nyfix US dark pool sold to BNY ConvergEx (at FT.com)
November 9, 2009 at 1:15 pm

The dark pool business owned by Nyfix, recently acquired by NYSE Euronext, was on Monday set to be divided up as the US-based business was snapped up by BNY ConvergEx and the European unit was set to be merged with SmartPool, NYSE Euronext's European dark pool.

Credit Default Swaps: Once Again, the Tool of the Devil (at Seeking Alpha)
November 9, 2009 at 11:37 am


Representatives From TechAmerica to Ring the NASDAQ Stock Market Opening Bell (GlobeNewswire)
November 9, 2009 at 10:10 am


American Capital Lags by a Penny (Zacks.com)
November 9, 2009 at 9:45 am

American Capital's third quarter operating income of 12 cents per share was a penny short of the Zacks Consensus Estimate.

Brace for More Bank Bonus Brouhaha: Today's Outrage (at TheStreet.com)
November 9, 2009 at 9:35 am


Goldman, Morgan, JPMorgan Plan $30 Billion Bonuses:Today's Outrage (at TheStreet.com)
November 9, 2009 at 9:35 am


NASDAQ Halts UCBH Holdings Inc. (GlobeNewswire)
November 9, 2009 at 9:30 am


ICE Futures Europe Achieves Record Daily Gas Oil Futures Volume (PR Newswire)
November 9, 2009 at 9:30 am


Hercules Technology Growth Capital Commits $5.5 Million to Labcyte, Inc., Developer of Acoustic Droplet Ejection Technology (Business Wire)
November 9, 2009 at 9:30 am

PALO ALTO, Calif.----Hercules Technology Growth Capital, Inc. , the leading specialty finance company providing venture debt and equity to venture capital and private equity-backed technology and life science companies at all stages of development, today announced that it has committed to provide Labcyte, Inc. $5.5 million in credit facilities.

NASDAQ Changes Trading Halt Status of South Texas Oil Company (GlobeNewswire)
November 9, 2009 at 9:25 am


LSE expands data space as co-location grows (at FT.com)
November 9, 2009 at 8:50 am

Further signs of the growing popularity of "co-location" emerged on Monday as the London Stock Exchange said it had expanded the size of its data centre fivefold to accommodate traders wishing to place their computer servers next to its matching engine.

Compass Diversified Holdings Reports Third Quarter 2009 Financial Results (PR Newswire)
November 9, 2009 at 8:30 am

Compass Diversified Holdings , a leading acquirer and manager of middle market businesses, announced today its consolidated operating results for the three months ended September 30, 2009.

EastBridge Investment Group Signs Agreement to List Road Construction Company on Primary U.S. Stock Exchange (Marketwire)
November 9, 2009 at 8:00 am


Kohlberg Capital Corporation Delays Filing of Third Quarter Report on Form 10-Q (GlobeNewswire)
November 9, 2009 at 7:30 am

NEW YORK -- Kohlberg Capital Corporation has delayed the release of its full earnings results for the quarter ended September 30, 2009 while it is in discussion with its independent public accountants, Deloitte & Touche LLP , regarding valuation determinations under Statement of Financial Accounting Standards No. 157 -- Fair Value Measurements included in its financial statements for the fiscal year ended December 31, 2008 and for subsequent interim periods in 2009.

Morgan Stanley looks to sell China investment bank stake (Reuters)
November 9, 2009 at 7:26 am

Morgan Stanley is looking to sell its 34 percent stake in investment bank China International Capital Corp, the U.S. bank's China chief executive said on Monday.

Mobile Edition of NASDAQ.com is Launched at http://mobile.nasdaq.com (GlobeNewswire)
November 9, 2009 at 7:00 am


May the Lloyd Be with You: Blankfein Doing 'God's Work'? (at Seeking Alpha)
November 9, 2009 at 6:17 am


Global Brands Acquisition Corp. Announces Plan to Continue Business as an Internally Managed REIT (Business Wire)
November 9, 2009 at 6:00 am

NEW YORK----Global Brands Acquisition Corp. , a specified purpose acquisition company, announced today that it has signed a framework agreement with Gerrity International, LLC which sets forth the steps Global Brands will take to continue its business as a corporation that will qualify as a real estate investment trust for U.S. federal income tax purposes, commencing with its taxable year ending December 31, 2010.

Get Briefed: Tim Mahoney (at Forbes.com)
November 9, 2009 at 6:00 am


Berlusconi ally: I won't sign law to help premier (AP)
November 9, 2009 at 5:41 am

One of Premier Silvio Berlusconi's key allies said he won't back any new law to help the conservative leader avoid upcoming trials.

Morgan Stanley looks to sell China investment bank stake (Reuters)
November 8, 2009 at 11:59 pm

Morgan Stanley is seeking a buyer for its 34 percent stake in investment bank China International Capital Corp, Wei Sun Christianson, the U.S. bank's China chief executive, said on Monday.

[$$] Stock Study Laments the 'Great Depression of Listings' (at The Wall Street Journal Online)
November 8, 2009 at 11:31 pm

 

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