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Property Investment News

  • Warsaw Business Journal - Online Portal - wbj.pl Monday, October 6, 2008 @ 6:22AMFirst-time visitors to any major city are usually greeted by the sight of an airport or railway station. These places serve as gateways to the city and, as such, ought to make a good impression.
  • One year later, lease talks continue Monday, October 6, 2008 @ 6:10AMTalks to keep Casino Niagara at its Falls Avenue location are still ongoing -more than a year after Premier Dalton McGuinty told Ontario Lottery and [...]
  • The Hartford Announces $2.5 Billion Investment By Allianz SE Monday, October 6, 2008 @ 6:00AMThe Hartford Financial Services Group, Inc. (NYSE: HIG) today announced a binding agreement with Allianz SE, which provides for a $2.5 billion capital investment.
  • The Jean Coutu Group-Second Quarter Results Monday, October 6, 2008 @ 6:00AM The Jean Coutu Group Inc. today reported its financial results for the second quarter and fiscal period ended August 30, 2008.
  • Running to HSBC Makes Shares Only Winner Among European Banks Sunday, October 5, 2008 @ 7:29PMOct. 6 (Bloomberg) -- HSBC Holdings Plc Chairman Stephen Green kept to his schedule the night Europe fell into the worst banking crisis since the Great Depression.
  • No depression, major recession, from US finance crisis: Bill Gates Sunday, October 5, 2008 @ 7:13PMWASHINGTON, Oct 5 (AFP) Oct 06, 2008 The richest man in America, Bill Gates, said in a television interview broadcast Sunday that the US financial crisis does not spell the end of capitalism and will not lead to a depression.
  • Euro Reaches 13-Month Low as Credit Crisis Spreads to Europe Sunday, October 5, 2008 @ 7:06PMOct. 6 (Bloomberg) -- The euro slid to a 13-month low against the dollar as European governments rushed to support financial institutions in the region hit by the widening global credit crisis.
  • Road Less Traveled Offers Shelter From U.S. Mess: William Pesek Sunday, October 5, 2008 @ 6:55PMOct. 6 (Bloomberg) -- In times of trouble, investors often race to U.S. Treasuries. Alisher Djumanov suggests a far less obvious destination: Central Asia.
  • Deflation May Be Next Threat as Commodities, Asset Markets Sink Sunday, October 5, 2008 @ 6:47PMOct. 6 (Bloomberg) -- As Federal Reserve Chairman Ben S. Bernanke and his global colleagues fight the worst financial crisis since the 1930s, one danger is looming larger by the day: deflation.
  • Axis to inject RM300mil assets over next two years Sunday, October 5, 2008 @ 6:46PMAXIS REIT Managers Bhd has lined up more than RM300mil worth of assets to be injected into Axis real estate investment trust (REIT) over the next two years.
  • Talk of tax hike stirs emotions in Hunters Creek Sunday, October 5, 2008 @ 1:53AMIt’s too soon to tell whether Hunters Creek residents will see a more significant increase in taxes next year.
  • Plano: Vietnamese church granted variance from district court Sunday, October 5, 2008 @ 1:53AMA small Vietnamese church was granted a variance from the county after months of deliberation with the city.
  • Carolyn McGinn Sunday, October 5, 2008 @ 1:41AMAge: 49 State Senate/31st District Party: Republican Address: Sedgwick Occupation/employer: Co-o ...
  • Home Sales Probably Fell, Trade Gap Ebbed: U.S. Economy Preview Sunday, October 5, 2008 @ 1:40AMOct. 5 (Bloomberg) -- The U.S. housing slump probably showed no sign of ending and the trade deficit shrank in August, a month before the turmoil in financial markets came to a head, economists said before reports this week.
  • AIG May Need to Sell More Units Than Planned to Repay U.S. Loan Thursday, October 2, 2008 @ 2:17PMOct. 2 (Bloomberg) -- American International Group Inc. head Edward Liddy , who promised investors a smaller, nimbler company after selling units to repay an $85 billion U.S. loan, has shareholders wondering if there will be anything left to run.
  • Jamal Mecklai: Free enterprise, anyone? Thursday, October 2, 2008 @ 2:08PMIt is absolutely extraordinary to me that Mr Paulson — almost the richest man (by far) in the world — has not required the rating agencies to close shop.
  • “You don’t see a bloodbath here” Thursday, October 2, 2008 @ 2:05PMAs nervous investors kept a keen eye on the US Senate debate over the US$700 billion bail-out package, Mudgree regional residents were left wondering what effect the US fall-out was having locally.
  • Candidates’ forum gives an interesting glimpse at the candidates Thursday, October 2, 2008 @ 1:58PMRONAN — The brand new Ronan High School auditorium got politically broken in Thursday evening when candidates for area political races took the stage in a forum hosted by the Valley Journal. It was the first of four candidates’ forums being hosted by the Valley Journal.
  • UBS expects return to profit in third quarter, but more job cuts could be ahead Thursday, October 2, 2008 @ 1:53PMBASEL, Switzerland - Swiss bank UBS said Thursday it expects a small profit in the third quarter, raising hopes that a dismal year of U.S. sub-prime related losses - to the tune of US$40 billion - may soon be over.
  • Stock scheme that cost local investors $1.4M lands adviser in prison Thursday, October 2, 2008 @ 6:00AMA Baraboo financial adviser whose false statements cost a score of local investors nearly $1.5 million hugged loved ones goodbye and emptied his pockets for an immediate trip to state prison after agreeing to a plea deal and being sentenced Wednesday. In addition to a year in prison with no hope of early release, Royce J. Raymond must stay out of trouble for seven years while under court ...
  • Cominar announces the acquisition of a Class "A" office property in Downtown Montreal for $165 million Thursday, October 2, 2008 @ 6:00AM Cominar Real Estate Investment Trust announced today the acquisition of the 24-storey Class "A" office tower located at 2001 McGill College in Montreal for a total consideration of $165 million.
  • UBS expects return to profit in third quarter Thursday, October 2, 2008 @ 5:56AM Swiss bank UBS said Thursday it expects "a small profit" in the third quarter, raising hopes that a dismal year of U.S. sub-prime related losses -- to the tune of some 45 billion Swiss francs -- may soon be over.
  • Peachtree Hills targeted for rehab Thursday, October 2, 2008 @ 5:56AMIn a show of hope amid dour economic news, city officials and fair housing advocates celebrated a program Monday that they believe will boost one neighborhood ravaged by the mortgage crisis. They also suggested that if the program is successful, it could be replicated with the help of some new federal grant money. “This represents, really, our first effort in our neighborhood preservation ...
  • Preston cutting off talks with Northland Thursday, October 2, 2008 @ 5:55AM Preston - The town is notifying Northland Investment Corp. that it intends to break off exclusive negotiations with the company after five weeks of
  • House-flipping scheme that hit Buffalo is shut down by Cuomo Thursday, October 2, 2008 @ 5:51AMAn investment company that operated a house-flipping scheme that targeted Buffalo and cost investors millions of dollars was shut down Wednesday by State Attorney General Andrew Cuomo.
  • Talks stalled in Preston luxury resort project Thursday, October 2, 2008 @ 5:50AMPreston (AP, Oct. 2, 2008 6:32 AM) -- Preston officials say they want to end their exclusive negotiating agreement with the company selected to build a $1 billion luxury resort in their eastern Connecticut town.
  • Chairman company chairman vanishes Thursday, October 2, 2008 @ 5:49AMCurious goings on at Aim-listed Canton Property Investment
  • Analysis: A vote with unforeseen consequences? Wednesday, October 1, 2008 @ 5:39PMAnalysis: A vote with unforeseen consequences?
  • (AFX UK Focus) 2008-10-01 23:29 PRESS DIGEST-Australian Business News - Oct 2 Wednesday, October 1, 2008 @ 5:33PMSYDNEY, Oct 2 (Reuters) - Compiled for Reuters by Media Monitors. Reuters has not verified these stories and does not vouch for their accuracy.
  • Nabors Industries sees charges hurting 3Q profit Wednesday, October 1, 2008 @ 5:33PM(AP:HAMILTON, Bermuda) Nabors Industries Ltd. said Wednesday that it expects to earn 65 to 68 cents per share in its third quarter, below the average analyst estimate.
  • Senate adds sweeteners to bailout pill Wednesday, October 1, 2008 @ 5:32PMKey provisions of the $700 billion financial industry bailout and sweeteners added by the Senate to attract votes from constituencies. --- The underlying legislation would: -Authorize $700
  • Chartwell Select First Avenue Retirement Residence holds official opening Wednesday, October 1, 2008 @ 5:31PMWELLAND Douglas Rapelje spent 28 years working out of an office at Sunset Haven. “My office was right over there somewhere,” he said pointing [...]
  • Survey rethinks downtown Wednesday, October 1, 2008 @ 11:13AM Survey says waterfront use, public art, parking, grocery and specialty shops keys to downtown.
  • Video outlines state constitutional amendments on November ballot Wednesday, October 1, 2008 @ 11:03AMWhitfield County has a video on its Web site (www.whitfieldcountyga.com) explaining three proposed state constitutional amendments for 2008. The county encourages all residents to view the video to become more informed about the amendments on the November ballot.
  • Key decision expected at Norwich Hospital Advisory Committee meeting tonight Wednesday, October 1, 2008 @ 10:58AM The Norwich Hospital Advisory Committee will meet at 7 p.m. in Preston Town Hall, following a 6:30 p.m. meeting of the board of selectmen to discuss the former Norwich Hospital property.
  • Saint-Gobain Expands Apriso Deployment as Enterprise Solution for Quality Execution Wednesday, October 1, 2008 @ 10:57AMApriso Corporation, a provider of adaptive software solutions for global Manufacturing Operations Management (MOM), today announced Saint-Gobain, a EUR 42 billion industrial corporation operating in 54 countries, will expand its reliance on Apriso FlexNet(R) to improve quality and traceability across production and logistics processes. Saint-Gobain will extend its Apriso FlexNet installation to ...
  • Rezoning request for Perrin land denied by Jeffersonville Planning Commission Wednesday, October 1, 2008 @ 10:56AMThe Jeffersonville Planning Commission gave an unfavorable recommendation to a proposal that sought to rezone 2.4 acres of riverside land from park space to residential classification.
  • BTB continues the process of the internalization of its management and hires a property manager Wednesday, October 1, 2008 @ 10:46AM BTB Real Estate Investment Trust is proud to announce that, as at October 1, 2008, it has retained the services of Mr. Michel Goudreault as Vice President, Property Management. Mr. Goudreault will be responsible for the management of more than 28 properties owned by BTB.
  • Zacks Analyst Blog Highlights: Weatherford International, Ltd., Calgon Carbon Corp., Acergy S.A., PeopleSupport, Inc. ... Tuesday, September 30, 2008 @ 5:00AM CHICAGO----Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets.
  • Zacks Bull and Bear of the Day Highlights: Weatherford International, Hudson City Bancorp, Broadcom, Xilinx and Vodafone Tuesday, September 30, 2008 @ 5:00AM CHICAGO----Zacks Equity Research highlights Weatherford International, Ltd. as the Bull of the Day and Hudson City Bancorp as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Broadcom , Xilinx and Vodafone .
  • IN BRIEF Tuesday, September 30, 2008 @ 4:48AMTrump Taj Mahal public relations manager Mary Moyer holds a bathrobe in the Chairman Tower, a new $255 million hotel attached to the Taj Mahal Casino in Atlantic City. The tower will open Thursday.
  • Irish government guarantees all bank deposits Tuesday, September 30, 2008 @ 4:33AMCountry hit by double whammy of global credit crisis and domestic property downturn
  • Renaissance in Red Lion Monday, September 29, 2008 @ 10:41PMBorn and raised in Red Lion, Ryan S. Sanders has a plan to revitalize his hometown. He also hopes to attract other business people to do the same.
  • Foreclosures Monday, September 29, 2008 @ 10:33PMMortgage foreclosures filed with the civil division of the Circuit Court for January 2008. Names in bold are the subject of, or have an interest in, the foreclosure action. Lighter names filed the foreclosure action.
  • Philippines shares, peso fall as US rejects emergency plan Monday, September 29, 2008 @ 10:26PM(Update) MANILA, Philippines - Philippine share prices opened sharply lower on Tuesday after US lawmakers rejected a plan that could have injected fresh capital into ailing American financial institutions.
  • Sewer project down the drain Monday, September 29, 2008 @ 10:22PMSOUTHINGTON - A plan to build a sanitary sewer system for residents on Orchard Lane, Pratt Street and Rahlene Drive was voted down by the Town Council after residents came out against it at a public hearing.
  • Smartpay Restructures Business To Deliver Profit Monday, September 29, 2008 @ 10:15PMAuckland, 30 September 2008 - SmartPay (NZX: SPY) today announced it has implemented a restructuring programme that will focus the Company on its three main market segments of telecommunications, music/media and the taxi transaction payment market to better deliver profit and cashflow.
  • Spring Lake company to add jobs under state grant Monday, September 29, 2008 @ 10:08PMA Spring Lake Township polishing company is expected to create 57 new jobs under state grants announced Monday that will bring 1,791 new jobs and more than $37.1 million in new capital to the state. Grand River Polishing, 19191 174th,...
  • As Contagion Spreads, Moods Abruptly Shift Monday, September 29, 2008 @ 10:04PMPARIS, Sept. 29 -- The turmoil that began on Wall Street now spans the globe.
  • NA Chairman on land management in Hanoi Monday, September 29, 2008 @ 9:53PMVietNamNet Bridge – National Assembly Chairman Nguyen Phu Trong held a meeting with voters from Hanoi’s Ba Dinh and Cau Giay districts on Sept. 29 as part of his preparations for the fourth session of the 12th NA.