Saturday 5 December 2009

12/5 Yahoo! Finance: Diversified Investments Industry News

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Geithner Criticizes Wall St. Pay (at The New York Times)
December 4, 2009 at 9:33 pm


Geithner challenges Goldman aid claims (at FT.com)
December 4, 2009 at 7:50 pm

Tim Geithner on Friday rejected Goldman Sachs' claim that it could have withstood the financial crisis without government intervention, adding that all bankswere at risk of being wiped out.

It's bubbly all round but really, does anyone care? (at FT.com)
December 4, 2009 at 5:40 pm

There was something heart-warming about this week's news that US bankers are resuming their carefree habits from the days of the credit boom. In lending to private equity, it seems, they are once more issuing so called covenant-lite and payment-in-kind loans, whereby borrowers are freed from irksome conditions and can pay their annual interest by simply borrowing more.

NYSE Euronext declares dividend of 30 cents (AP)
December 4, 2009 at 5:26 pm

Global exchange operator NYSE Euronext said it will maintain a dividend of 30 cents in the first quarter of 2010. The dividend is payable March 31 to shareholders of record as of March 15.

Regulators shut 2 Georgia banks (AP)
December 4, 2009 at 5:24 pm

Regulators have shut down two banks in Georgia, bringing to 126 the number of U.S. bank failures this year in a climate of economic struggle and deepening loan defaults.

Geithner Assails Huge Wall Street Bonuses (at The New York Times)
December 4, 2009 at 5:15 pm


Pros and Cons of the Top 20 Rejected Treasury Candidates (at Motley Fool)
December 4, 2009 at 4:10 pm


[video] Goldman Sachs Moves Digs (at Forbes.com)
December 4, 2009 at 4:04 pm

Bonuses are under scrutiny at the firm. Staff moves to new luxury NYC location.

[video] Goldman Sachs Execs Part with Shares [1.8 min] (at MarketWatch)
December 4, 2009 at 3:34 pm

About $55 million in insider sales in recent days suggests the stock could be a bit ahead of itself. Barron.com's John Kimelman reports.

This Week's Business Tweets (at SmartMoney.com)
December 4, 2009 at 2:25 pm


Community Bank of Manatee names president (at bizjournals.com)
December 4, 2009 at 2:05 pm


How Much Is Blankfein Worth? (at The New York Times)
December 4, 2009 at 1:11 pm


Portico Systems Named 2009 Emerging Technology Company of the Year (Business Wire)
December 4, 2009 at 1:00 pm

PHILADELPHIA----Portico Systems, the leader in Integrated Provider Management solutions, announced today that it has been named Emerging Technology Company of the Year by The Eastern Technology Council at last night̢۪s 17th Annual Enterprise Awards.

China? Better its currency than its shares (at FT.com)
December 4, 2009 at 11:55 am

For the past year or so, I have shared this page with UK fund management guru Anthony Bolton. No more. Bolton announced here last week that he was due to bounce out of his semi-retirement to set up a new China fund for Fidelity, his old employers.

GM Chair urges risk taking, names new executives (AP)
December 4, 2009 at 11:46 am

General Motors Co. Chairman Ed Whitacre Jr. urged the troubled automaker's employees to forget their old bureaucratic culture, telling them Friday not to fear being fired for taking risks.

China Cord Blood Corporation to Announce Second Quarter Fiscal 2010 Earnings Results (PR Newswire)
December 4, 2009 at 11:00 am

China Cord Blood Corporation today announced its plan to release financial results for the second quarter of fiscal year 2010 on Friday, December 11, 2009, before the US market open.

Another Acquisition by Grainger (Zacks.com)
December 4, 2009 at 10:35 am

Acklands-Grainger Inc., a wholly owned subsidiary of W.W. Grainger Inc., has acquired assets of the K&D Pratt Industrial Division.

Vertex says underwriters exercise option (AP)
December 4, 2009 at 10:16 am

Vertex Pharmaceuticals Inc. on Friday said underwriters exercised their option to buy additional stock in a previously announced $442.8 million offering.

A Windfall Profits Tax for Goldman Sachs? (at The New York Times)
December 4, 2009 at 9:13 am


Trading Tax -- a Bad Idea Whose Time May Have Come (at Barrons.com)
December 4, 2009 at 7:54 am


Main Street Capital to Participate in BB&T Capital Markets' Private Finance One-on-One Conference (PR Newswire)
December 4, 2009 at 7:00 am


Goldman Sachs execs could be paid in stock: report (at MarketWatch)
December 4, 2009 at 6:34 am


This Week's Business Tweets (at SmartMoney.com)
December 4, 2009 at 6:05 am


[$$] Decoding China's Derivatives Complaints (at The Wall Street Journal Online)
December 4, 2009 at 5:58 am


Goldman likely to pay annual bonus in stock: report (Reuters)
December 4, 2009 at 5:51 am

Goldman Sachs Chief Lloyd Blankfein is weighing plans to increase the share of compensation paid out in equity to executives in a bid to quell public anger over the probability of large pay-outs, the Financial Times said.

Goldman Execs to Get Stock as Bonus: Report (at TheStreet.com)
December 4, 2009 at 5:49 am


Goldman Likely To Issue Stock as Bonus (at TheStreet.com)
December 4, 2009 at 5:49 am


Financial planners fight Madoff taint (at CNNMoney.com)
December 4, 2009 at 5:49 am

In the wake of an historic swindle, investment advisers face heightened suspicion and red tape.

[$$] Longyuan Raises $2.2 billion in Hong Kong IPO (at The Wall Street Journal Online)
December 4, 2009 at 5:14 am


Crown Equity Holdings, Inc. to Assist Global TTNews of Taiwan With Becoming a Publicly Traded Company in the United States (GlobeNewswire)
December 4, 2009 at 5:00 am


NASDAQ OMX Welcomes 34 New Derivatives Members in 2009 (GlobeNewswire)
December 4, 2009 at 4:13 am


Goldman likely to pay annual bonus in stock: report (Reuters)
December 4, 2009 at 1:18 am

Goldman Sachs Chief Lloyd Blankfein is weighing plans to increase the share of compensation paid out in equity to executives in a bid to quell public anger over the probability of large pay-outs, the Financial Times said.

The Spain-U.S. Chamber of Commerce, Inc. to Ring the NASDAQ Stock Market Opening Bell (GlobeNewswire)
December 4, 2009 at 12:47 am

ADVISORY --

Blankfein Sets The Pace on Pay (at The New York Times)
December 4, 2009 at 12:45 am

 

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