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Investments: Meteor's 19% return shoots for the stars
Meteor Asset Management has launched a new structured product. But are the risks worth the potential rewards in this unstable climate, asks Heather Connon It seems like a throwback to the heady days before the credit crunch: an investment promising returns of 19% a year and limited downside. But Meteor Asset Management's Select Ten Plan has just opened for business offering that return every ...
www.guardian.co.uk
Cole Acquires Whittwood Retail Center for $84M
WHITTIER, CA-Phoenix-based Cole Real Estate Investments has acquired 533,518 rentable square feet of retail space at the Whittwood Town Center for $83.5 million, according to a public filing by Cole Credit Property Trust III Inc, a nontraded REIT. Cole acquired the property from Morgan Stanley's Prime Property Fund, which was represented by Downtown Los Angeles-based executive managing director ...
www.globest.com
Obama Proposes Further Business Tax Relief,
In addition to a six-year USD50bn investment in road, rail and airport infrastructure, United States President Obama announced two tax measures for businesses – a full tax deduction to companies for qualified capital investments made in the period to end-2011 and an enhanced, permanent research and experimentation (R&E) tax credit – during a speech in Cleveland, Ohio.
www.tax-news.com
RF Tuner chip maker Elonics raises GBP 6.1 million series B investment
Elonics Ltd announced the closing of a GBP 6.1m of series B investment round led by Scottish Equity Partners ('SEP') and supported by Octopus Ventures ('Octopus'), a division of Octopus Investments, alongside a number of existing investors.
www.mwee.com
AWAY WIN AGAINST SAINTS EARNS DALE THE AWARD
The League Managers Association five-man Performance of the Week panel, comprising LMA Chairman Howard Wilkinson, Sir Alex Ferguson, Joe Royle, Dave Bassett and Barry Fry, were in agreement that this week, the F&C Investments Performance of the Week Award should go to Rochdale following their excellent 2-0 away win against Southampton in npower League One on Saturday 4th September 2010.
www.leaguemanagers.com
New Research Confirms Skin Cancer Prevention One Of The Nation's Best Health Investments
The Australian Government should act on comprehensive new research and run an intensive SunSmart campaign to reduce Australia's unacceptable skin cancer burden, Cancer Council Australia said today. Commenting on today's release of the joint ACE-Prevention report - the most complex evaluation of health prevention measures conducted in Australia - the chair of Cancer Council Australia's Public ...
mnt.to
Lord Davies recruited by Hong Kong billionaire Richard Li
Former Trade Minister and bank executive, appointed as chairman of Mr Li's PineBridge Investments, once part of AIG.
www.telegraph.co.uk
Highlights - Comments on lending at Banks in Transition meeting
Top financial officials at the annual Banks in Transition conference gave conflicting views on the outlook for lending as the economy improves and tougher new Basel III capital rules for the sector are rolled out.
uk.news.yahoo.com
Myanmar says China top ally vote won't affect ties
Myanmar's reclusive leader on Thursday reassured Beijing that China is a vital ally and said an upcoming election and planned power transfer to a civilian government would not affect relations.
uk.news.yahoo.com
Goldman Sachs Fined £17.5m Over Trader Probe
American banking group Goldman Sachs has been fined £17.5m by the UK's City regulator the Financial Services Authority.
uk.news.yahoo.com
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