| Mobile | RSS

Mass. Complaint Offers Damaging Evidence In Securities America Case

A complaint against Securities America contains a lengthy and potentially damaging list of allegations against the Omaha broker-dealer and its sales of private offerings in Medical Capital Holdings. The complaint, which was filed Jan. 26 by Massachuset…

[ More ] February 1st, 2010 | No Comments | Posted in Stock Markets, Trading News |

Tri-City banks among those under scrutiny

<ul><li>Jan. 31–The recent forced sale of an Oregon community bank that had two Tri-City branches comes as federal state regulators also are keeping a close eye on at least two Washington chartered banks with branches in the Tri-Cities. &l…

[ More ] February 1st, 2010 | No Comments | Posted in Stock Markets |
 

Provident Financial Holdings raises capital but faces loan losses

<ul><li>Jan. 31–It seems Provident Financial Holdings is turning a corner, with its stock price shooting up 18 percent on Thursday after reporting a $2.5 million profit for the fourth quarter. </li><li>But 2010 will be a crucia…

[ More ] February 1st, 2010 | No Comments | Posted in Stock Markets |

Sonn & Erez Alerts Investors That the State of Massachusetts Has Charged Securities America With Securities Fraud in the Sale of Medical Capital Notes

<ul><li>FORT LAUDERDALE, Fla., Jan. 31, 2010 (GLOBE NEWSWIRE) — The securities law firm of Sonn & Erez PLC (http://www.sonnerez.com) alerts Medical Capital investors that William Galvin, the Secretary of State of Massachusetts, has cha…

[ More ] January 31st, 2010 | No Comments | Posted in Stock Markets |
 

UPDATE 1-Kuwait’s KIA invested $750 mln in US firm BlackRock-TV

KUWAIT, Jan 31 (Reuters) – Kuwait Investment Authority (KIA)
invested about $750 million in U.S. asset manager BlackRock
last year, and eyes investments in Asia and Latin
America in 2010, KIA’s managing director told Al Arabiya TV.
“Last May we inve…

[ More ] January 31st, 2010 | No Comments | Posted in Private Equity, Sectors |

Kuwait’s KIA invested $750 mln in US firm BlackRock -TV

KUWAIT, Jan 31 (Reuters) – Kuwait Investment Authority (KIA)
invested about $750 million in U.S. asset manager BlackRock last
year, KIA’s managing director told Al Arabiya TV.
“Now we have made about 40 percent of profit (from
BlackRock’s capital hik…

[ More ] January 31st, 2010 | No Comments | Posted in Private Equity, Sectors |
 

The Lexington Herald-Leader, Ky., Tom Eblen column: Eblen: Two groups take steps toward a better economy

<ul><li>Jan. 31–Improving Kentucky’s economy will require more capital. </li><li>They are the Young Professionals of Eastern Kentucky and the Lexington Venture Club. </li><li>The Young Professionals of Eastern Kentu…

[ More ] January 31st, 2010 | No Comments | Posted in Stock Markets |

Regulators tighten screws on five more Georgia banks

<ul><li>Jan. 30–Federal regulators are tightening the screws on five more small Georgia banks, requiring them to improve their operations and shore up their capital levels. </li><li>About one-third of Georgia’s more than 300 ba…

[ More ] January 31st, 2010 | No Comments | Posted in Stock Markets |

BNC’s shareholders back expansion plans: Bank wants to hold private stock offering to raise $46M

<ul><li>Jan. 30–The shareholders of BNC Bancorp provided a big vote of confidence yesterday for the expansion plans of its management team. </li><li>More than 90 percent of shareholders approved a proposal to conduct at least o…

[ More ] January 31st, 2010 | No Comments | Posted in Stock Markets |

Peak Oil Confusion

Welcome to Energy and Capital’s Weekend Edition — our insights in investing, as well as the top stories this week from Energy and Capital and our sister publications.[Mor…

[ More ] January 30th, 2010 | No Comments | Posted in Energy, Industries |