Saturday 19 December 2009

12/19 Yahoo! Finance: Diversified Investments Industry News

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Unlike Most on Wall St., Morgan Stanley's Chief Will Forgo His 2009 Bonus (at The New York Times)
December 18, 2009 at 9:36 pm


Market Mystery: The Confouding Case Of Goldman Sachs (at CNBC)
December 18, 2009 at 5:37 pm


[video] Market Mystery (at CNBC)
December 18, 2009 at 5:28 pm


Morgan Stanley's Mack forgoes bonus again (Reuters)
December 18, 2009 at 5:02 pm

Morgan Stanley Chief Executive John Mack is forgoing a year-end bonus for the third straight year, he said in a memo obtained by Reuters, putting pressure on other Wall Street CEOs to follow suit.

The Golden Rule of Defaults: Banks vs. Consumers (at Seeking Alpha)
December 18, 2009 at 4:55 pm


[$$] John Mack Again Skips His Bonus (at The Wall Street Journal Online)
December 18, 2009 at 4:39 pm


Watchdog probes firms' trading tips: sources (Reuters)
December 18, 2009 at 4:29 pm

The U.S. brokerage watchdog is probing how Wall Street firms, including JP Morgan Chase and Citigroup Inc , offer stock research, two people familiar with the probe said on Friday.

Mack Won't Take a Bonus for 2009 (at The New York Times)
December 18, 2009 at 3:16 pm


Goldman, Morgan Stanley Vie for League Table Crown (at The New York Times)
December 18, 2009 at 3:10 pm


Morgan Stanley CEO Mack again declines bonus (AP)
December 18, 2009 at 2:40 pm

Morgan Stanley's outgoing CEO John Mack has declined a bonus for the third year in a row. In a memo sent to the investment bank's employees on Friday, Mack said he recommended to the board last week that he receive no year-end bonus "given this unprecedented environment and the extraordinary financial support governments provided to our industry."

Tortoise Energy Infrastructure will issue $60 million in notes, redeem auction-rate securities (at bizjournals.com)
December 18, 2009 at 1:05 pm


International watchdog is needed to restore trust (at FT.com)
December 18, 2009 at 12:00 pm

One of the biggest lessons of the financial crisis is investment bankers cannot be trusted. Self-regulation and "principles-based" regulation failed in theory and practice. These bankers have gained too much influence in the governments and entities supposed to be regulating them.

Morgan Stanley's Mack not taking bonus: reports (at MarketWatch)
December 18, 2009 at 11:57 am


Quick View: BATS and the big exchange dilemma (at FT.com)
December 18, 2009 at 11:40 am

Is it possible that the next corporate giant - like a Microsoft - could start life as a publicly listed company on a platform launched by a bunch of tech dudes from Kansas City?

Tidelands Royalty Trust 'B' Announces Fourth Quarter Cash Distribution (PR Newswire)
December 18, 2009 at 11:30 am


John Mack declines Morgan Stanley bonus (at CNNMoney.com)
December 18, 2009 at 11:28 am

Outgoing bank chief turns down annual bonus payment amid public scrutiny over Wall Street bonuses.

Permian Basin Royalty Trust Announces December Cash Distribution (PR Newswire)
December 18, 2009 at 10:47 am

Permian Basin Royalty Trust , today declared a cash distribution to the holders of its units of beneficial interest of $.117641 per unit, payable on January 15, 2010, to unit holders of record on December 31, 2009.  Permian's cash distribution history, current and prior year financial reports, a link to filings made with the Securities and Exchange Commission and more can be found on its website at http://www.pbt-permianbasintrust.com/.

Hugoton Royalty Trust Declares December Cash Distribution (PR Newswire)
December 18, 2009 at 10:15 am


Pennsylvania State University President to Ring The NASDAQ Stock Market Opening Bell (GlobeNewswire)
December 18, 2009 at 10:12 am


OSG America delisted as Overseas Shipholding wraps up purchase (at bizjournals.com)
December 18, 2009 at 10:05 am


Cross Timbers Royalty Trust Declares December Cash Distribution (PR Newswire)
December 18, 2009 at 9:45 am


Trian Acquisition I Corp. Announces Liquidation (Business Wire)
December 18, 2009 at 9:15 am

NEW YORK----Trian Acquisition I Corp. announced that its Board of Directors has approved a plan of distribution. The Company expects that liquidating distributions will commence as soon as practicable following January 23, 2010.

San Juan Basin Royalty Trust Declares Monthly Cash Distribution (Business Wire)
December 18, 2009 at 9:00 am

FORT WORTH, Texas----Compass Bank, as Trustee of the San Juan Basin Royalty Trust , today declared a monthly cash distribution to the holders of its units of beneficial interest of $5,185,693.22 or $0.111260 per unit, based principally upon production during the month of October 2009.

MVC Capital Declares First Quarter Dividend of $0.12 Per Share (Business Wire)
December 18, 2009 at 8:30 am

PURCHASE, N.Y.----MVC Capital, Inc. , a publicly traded business development company that makes private debt and equity investments, has announced that its board of directors has declared a dividend of $0.12 per share, or a total of approximately $2.9 million, to be distributed to shareholders for the first quarter of fiscal 2010.

Micron Technology to move to Nasdaq listing (at MarketWatch)
December 18, 2009 at 8:06 am

Micron Technology Inc. said Friday that it plans to move its stock-exchange listing to the Nasdaq Global Select Market from the New York Stock Exchange, effective Dec. 30. The Boise, Idaho-based chip company said its ticker symbol will remain MU.

Finra Said to Probe Firms' 'Trade Huddles' (at The New York Times)
December 18, 2009 at 7:35 am


Optimized Transportation Management to Establish Warehouse Operation (Marketwire)
December 18, 2009 at 6:00 am


U.S. FINRA launches inquiry into firms' trading tips: report (Reuters)
December 18, 2009 at 1:13 am

U.S. securities regulator FINRA has launched an inquiry into how Citigroup , J.P. Morgan Chase , Morgan Stanley and others offer stock ratings and research, the Wall Street Journal reported, citing people familiar with the matter.

U.S. FINRA launches inquiry into firms' trading tips: report (Reuters)
December 18, 2009 at 1:13 am

U.S. securities regulator FINRA has launched an inquiry into how Citigroup , J.P. Morgan Chase , Morgan Stanley and others offer stock ratings and research, the Wall Street Journal reported, citing people familiar with the matter.
 

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