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(MENAFN) Belgium-based Delhaize Group SA, owner of Food Lion supermarkets, unveiled plans to shed around 5,000 jobs, shut stores in US and Europe Bloomberg reported. The food chain operator said …

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Food Lion to shed 5,000 jobs, shut stores in US, Europe

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(MENAFN) The US NPD Group said that during the past holiday season, sales of consumer electronics dropped 5.9 percent to 9.5 billion, including TVs and PCs, reported AP. The group added that the …

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US holiday sales of electronics down 5.9%

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France’s Sarkozy says G20 must help global recovery

August 27, 2011

(MENAFN – Saudi Press Agency) The Group of 20 leading and emerging nations must play a role in stimulating global economic growth, French President Nicolas Sarkozy said in Beijing on Thursday, …

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Dr Pepper Snapple Raises 500M

July 1, 2011

Dr Pepper Snapple Group has raised 500 million in a sale of senior unsecured notes

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Slow Pace Of Bank Failures Holding Back Recovery | The Daily …

June 4, 2011

For the group of 5 failed banks in May,commercial real estate ( CRE ) loans comprised $152 million (or 76%) of the total $201 million in nonperforming loans. Construction and land loans made up $109 million or 54% of the …

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Video: Hintz Says Goldman `Too Important’ for Criminal Charges

June 3, 2011

June 3 (Bloomberg) — Sanford C. Bernstein & Co. analyst Brad Hintz talks about the debate over criminally indicting Goldman Sachs Group Inc. Hintz talks with Mark Crumpton on Bloomberg Television’s “Bottom Line.” (Source: Bloomberg)

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Burrill & Company Adds to Its Alternative Equities Group

June 3, 2011

SAN FRANCISCO, CA–(Marketwire – Jun 3, 2011) – Burrill & Company is pleased to announce that Mr. Darren N. Streiler has been appointed as Principal, Burrill Alternative Equities Group, reporting to Peter Fry, Head of the Burrill Alternative Equities Group. Darren’s role will be to assist in the engagement of clients for the Group and to help with analyzing, structuring and underwriting of transactions.

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Institutional Partners News: FINFacts Jun 1, 2011

June 2, 2011

We would also like to take a moment and encourage you to join over 3000 other commercial real estate professionals who have joined the George Smith Partners /FINfacts Linked In Group. In this group you will gain access to …

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Hedge Fund Jobs: FINFacts Jun 1, 2011

June 2, 2011

We would also like to take a moment and encourage you to join over 3000 other commercial real estate professionals who have joined the George Smith Partners /FINfacts Linked In Group. In this group you will gain access to …

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Dachis Group Announces Aric Wood Promoted to Chief Operating Officer

June 1, 2011

Wood Adds Additional Operational Focus to Executive Team as Dachis Group Continues to Expand

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Sears Urban Outfitters Mull J Crew Bid

June 1, 2011

Sears Holdings and Urban Outfitters are considering rival offers for clothing retailer J Crew Group

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NCA Group Continues Expansion With Addition of Jim Abbott as Executive Vice President and Chief Marketing Officer

May 31, 2011

INDIANAPOLIS, IN–(Marketwire – May 31, 2011) – National Catastrophe Adjusters, Inc. (d/b/a NCA Group), a nationwide insurance adjusting and claims administration firm, today announced the appointment of Jim Abbott to serve in the newly created role of Executive Vice President and Chief Marketing Officer. Abbott joins the NCA Group management team in order to help leverage the company’s significant growth opportunities associated with NCA Group’s recent acquisitions of NHI General Adjusters, Gentry & Associates, and T.M. Mayfield & Company.

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Options Media Group PhoneGuard Names Keith St. Clair Chairman

May 26, 2011

BOCA RATON, FL–(Marketwire – May 26, 2011) – Options Media Group Holdings, Inc. (OTCQB: OPMG) (PINKSHEETS: OPMG), which is in the process of changing its name to PhoneGuard, Inc., today announced its board of directors has named Keith Robert St. Clair, Chairman of the Board. Mr. St. Clair is an experienced business operator and entrepreneur with significant expertise in managing and operating growth organizations.

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European Institutions Scramble To Quickly Fill Top Roles

May 23, 2011

LONDON (Huw Jones) – Filling a trio of top regulatory jobs will be crucial for maintaining momentum in global reforms with the chances of emerging market candidates boosted if a European bags the IMF, regulatory sources and analysts said. “It’s not often so many things come up at the same time,” a source familiar with the situation said. The posts are opening up because Mario Draghi is expected to replace Jean-Claude Trichet as president of the European Central Bank this autumn, and Nout Wellink is stepping down as governor of the Dutch Central Bank. Draghi chairs the Financial Stability Board (FSB) which has been tasked by the Group of 20 (G20) leading economies to globally coordinate the reform of financial regulation. Few believe he can continue in this role and be ECB president. Wellink has been chairing the Basel Committee on Banking Supervision which authored the Basel III bank capital and liquidity rules that take effect from 2013. Trichet, meanwhile, chairs the Basel Committee’s oversight body, the Group of Governors and Heads of Supervision (GHOS). Both the Basel Committee and its oversight body have been headed by serving central bankers. Draghi has won plaudits for driving through a tough agenda of reforms in a short space of time while Wellink and Trichet were also key in getting a global deal on Basel III. A spokeswoman for the Bank for International Settlements, where the Basel Committee is based, said the process of replacing Wellink has begun and is being led by Trichet. CANDIDATES As in the past, all three jobs are set to be filled through backroom deals — but more is at stake this time round. Richard Reid, head of research at the International Center for Financial Regulation, said the changes were coming as grand regulatory plans are being implemented, a phase when supervisors become vulnerable to “regulatory capture” by the banks. “It’s very important that you have people who are able to understand the industry but also stand up to it,” Reid said. The FSB and Basel face the challenge of keeping up pressure over six years to implement Basel III and resolve key issues such as how much extra capital the biggest banks must hold. “It’s a critical time. There are basic tensions between on the one side wanting a universal level playing field and the other side wanting macro prudential tools to be varied over time and as between market participants,” said David Green, a former Bank of England official and regulatory expert. Names of potential candidates being whispered include Adair Turner, chairman of the UK Financial Services Authority. Another is Philipp Hildebrand, chairman of the Swiss National Bank. Germany may want a post after ceding the ECB to Draghi. The selection will also be shaped by who gets the top job at the International Monetary Fund to replace Dominique Strauss-Kahn who has stepped down to fight a sexual assault charge. French Finance Minister Christine Lagarde looks in pole position to continue the long line of European IMF bosses, strengthening the hand of developing countries when it comes to filling the three regulatory jobs opening up. “Emerging markets interested? Absolutely. I am certain people are looking after their own self interest in all circumstances,” a regulatory source added. Reid said turning the G20 into the world’s main economic forum won’t be enough to satisfy big emerging economies like India, China and Brazil. Singapore’s Finance Minister Tharman Shanmugaratnam is one non-western name doing the rounds. It could also hinge on whether the jobs are restructured, such as the FSB chair becoming full time, or the acceptance of a non-central banker to head the Basel Committee. (Reporting by Huw Jones; Editing by Ruth Pitchford) Copyright 2011 Thomson Reuters. Click for Restrictions .

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Video: Credit Suisse’s Shirakawa Says Japan Economy Still Weak

May 23, 2011

May 23 (Bloomberg) — Hiromichi Shirakawa, chief Japan economist at Credit Suisse Group AG in Tokyo and a former Bank of Japan official, talks about the impact of the March 11 earthquake on the country’s economy. Shirakawa speaks with Susan Li on Bloomberg Television’s “First Up.” (Source: Bloomberg)

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Video: Cohan Says Scrutiny on Goldman Is Like `Water Torture’

May 20, 2011

May 20 (Bloomberg) — William Cohan, author of “Money and Power: How Goldman Sachs Came to Rule the World” and a Bloomberg Television contributing editor, discusses Goldman Sachs Group Inc.’s public relations strategy and U.S. Senator Carl Levin’s report on the firm’s mortgage bets. Cohan speaks with Betty Liu on Bloomberg Television’s “In the Loop.” (Source: Bloomberg)

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Tom Coburn Was Debt Ceiling Deal Linchpin

May 19, 2011

WASHINGTON — Maybe it was all a pipe dream – the idea that a “Gang of Six” from across the Senate’s ideological spectrum could solve the nation’s deficit despite enormous obstacles placed in their way by President Barack Obama and leaders of both parties. The remaining five are opting to plug ahead, but they may just be marking time after the departure of conservative Oklahoma Sen. Tom Coburn, the crucial cog if the gang was ever going to be able to sell a deal. Coburn, one of the few Republicans with enough tough-on-spending “street cred” to wage a fight with anti-tax purists, provided vital political cover for Republicans even thinking about raising revenues as part of a bipartisan grand bargain that would include cuts in benefit programs that Democrats hold sacred, like Medicare and Social Security. So when he dropped out of the Gang of Six group on Tuesday – he says he’s taking a “sabbatical” and may rejoin it later – it was a major, perhaps fatal blow to hopes for a comprehensive approach tackling the deficit problem before the 2012 elections. “He makes it more difficult to gain the kind of broad support you would hope for on the Republican side because Tom Coburn’s highly regarded in our conference,” said Sen. Rob Portman, R-Ohio. Coburn exited after Democrats rejected his demand for about $130 billion more in Medicare cuts beyond the $400 billion already on the table. That prompted Coburn to pronounce the emerging package a bad mix of spending cuts to tax increases. The politics were lousy as well. It became apparent to Coburn that Democrats could get behind an emerging agreement a whole lot easier than Republicans could. The anti-tax sentiment in the GOP is simply too strong, while lots of Senate Democrats are eager to demonstrate they’re tough on spending. The Gang of Six, now down to five, was trying to craft a deficit-slashing plan along the lines of the 10-year, $4 trillion package that Obama’s deficit commission put together last year. Basically, the plan called for a dollar in higher taxes in exchange for every $3 in cuts to government spending and benefit programs. The nation’s $14.3 trillion debt would continue to grow, but at a much slower pace. The commission plan got good reviews from deficit hawks but a chilly reception from the White House and leaders in both parties. But the idea driving the Gang of Six was that an agreement within the group – whose members include a leading liberal in Dick Durbin, D-Ill., and one of the most prominent conservatives in Coburn – would provide the catalyst to swing dozens of more senators behind their work. “The Gang of Six … was designed to force the idle – not gridlocked – Senate, and then the House and the president, to enact a long-term deficit-reduction package,” Coburn wrote in a Washington Post op-ed on Thursday. One of the reasons the group was noteworthy was that its GOP members – Coburn, Saxby Chambliss of Georgia and Mike Crapo of Idaho – were willing to agree to revenue increases of about $1 trillion over the coming decade as the price for getting Democrats to accept cuts to Medicare, Medicaid and Social Security. If senators at the liberal and conservative edges of their respective parties could agree, the thinking went, a wide swath in the middle would follow. “Coburn and Durbin are the two key players in the group,” said former Sen. Judd Gregg, R-N.H., who retired from the Senate last year. “From a philosophical standpoint they represent polar opposites, and if they agreed on something … then you we have a real core for bipartisan action. So yes, (Coburn’s) critical.” The gang’s remaining five senators – the other two Democrats are Mark Warner of Virginia and Kent Conrad of North Dakota – pledged to soldier on without Coburn. But what was already an uphill climb seems to have gotten a lot more steep. The glass-half-full take on Coburn’s departure is that it could make it easier for the remaining five to get an agreement. Selling it without Coburn is another matter. For starters, both Senate GOP Leader Mitch McConnell of Kentucky and Majority Leader Harry Reid, D-Nev., have long opposed the Gang of Six approach. McConnell ruled out tax increases; Reid and Obama made it clear they have no appetite for tackling shortfalls in Social Security before the 2012 election. That opposition, coupled with the enormous difficulty in confronting the dangerous politics of taxes, Medicare and Social Security, may have doomed the group from the start. Instead, the leadership apparatus of both parties as well as Obama have embraced a working group led by Vice President Joe Biden to come up with spending cuts to attach to must-do legislation to allow a government that’s now borrowing 40 cents of every dollar it spends to continue to do so. “The Republican leadership has reservations, as does the Democratic leadership, about stepping onto these very highly charged political issues as we basically begin a presidential campaign,” said Gregg, who also was a member of Obama’s deficit panel. “The White House does too. They have not been too constructive in the exercise.” Meanwhile, the Group of Six Minus One meets again on Monday. Chambliss, R-Ga., said the group’s goal remains “to get a long-term deficit reduction plan that would work and that could be sold to 60 members of the Senate, period.” Chambliss, however, is in for more political heat now that Coburn’s out of the gang. He got a taste on Wednesday. “Together, their bipartisan plan will raise Americans taxes massively over the next few years and do nothing to solve the very real crisis of Social Security and Medicare,” conservative activist Erick Erickson wrote in a blog post. “Every once in a while the stupid party and evil party get together and do something both stupid and evil. They call it bipartisanship. It looks pretty much like what Saxby Chambliss is orchestrating.” ___ EDITOR’S NOTE – Andrew Taylor has covered Congress since 1990.

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Tom Coburn ‘Takes A Break’ From Debt Gang

May 17, 2011

WASHINGTON — Influential Sen. Tom Coburn (R-Okla.) “decided to take a break” from the bipartisan “Gang of Six” budget negotiating team Tuesday, citing an impasse in the effort to agree on substantial spending cuts. “He is disappointed the group has not been able to bridge the gap between what needs to happen and what senators will support,” said Coburn spokesman John Hart. “He has decided to take a break from the talks.” Some Democrats have been predicting the gang’s demise ever since one of its leaders, Budget Committee Chairman Kent Conrad (D-N.D.) — one of the six members — announced he’d start moving ahead with his own proposal . Conrad said Tuesday he’d announce plans to proceed soon . Coburn’s departure could all-but deep-six the Six, since Conrad’s budget plan could overtake it. And Vice President Biden also has been leading bipartisan talks aimed at conquering the deficit impasse, talks that Senate Republican leaders think are more likely to lead to Democratic concessions, said a Democratic aide close to the talks. A GOP aide confirmed the leadership pressure on the group, but noted that Coburn has a long history of resisting such advances, from backing a coup against then-House Speaker Newt Gingrich to challenging Republican leadership on earmarks. The aide said that Coburn had been extremely close to agreeing to a deal before a recent two-week recess, but returned with five new demands that hadn’t been discussed before. On Monday, the aide said, Coburn asked for an immediate $130 billion in cuts to Medicare, on top of the $400 billion that had already been agreed to. Democrats refused and Coburn left the talks as a result, said the aide. A Republican aide close to the talks said that Coburn’s additional Medicare demand stemmed from the program’s trustee’s report, which was issued Monday morning and showed it running out of money by 2024, five years sooner than had previously been forecast. But he said that characterizing the demands as new missed the point of the talks, which explicitly put everything on the table. The erstwhile Gang of Six will meet as five tomorrow, the Democratic aide said. But Coburn could still get back in, Hart suggested. “He still hopes the Senate will, on a bipartisan basis, pass a long-term deficit reduction package this year,” Hart said. “He looks forward to working with anyone who is interested in putting forward a plan that is specific, balanced and comprehensive.” Coburn may have other issues on his mind, though. Two aides close to the talks said that Democrats suspect the Oklahoman’s decision is related to pressure he has come under as a result of his involvement in the sex scandal that prompted Sen. John Ensign (R-Nev.) to resign . The watchdog group that filed the original ethics complaint against Ensign also thinks Coburn should be probed . The GOP aide rejected as ridiculous such speculation, suggesting that if he were truly concerned about the issue the best way to distract attention from it would be to achieve consensus with the Gang of Six, which is much beloved by the mainstream media. Sens. MIke Crapo (R-Idaho) and Saxby Chambliss (R-Georgia) were supposed to make one last-ditch effort to get Coburn to stay in the gang, but apparently failed. This story was updated to include additional details.

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Simon Johnson: Fear Companies Lurking In Dark Financial Shadows

May 17, 2011

On the face of it, Glencore International AG doesn’t look too scary. With about $80 billion in assets, the Swiss-based commodities trader is a lightweight in comparison to global megabanks like Goldman Sachs Group Inc. (GS), one of its trading rivals. Goldman has assets more than 10 times Glencore’s, is more leveraged and has less capital.

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What Stocks Is Warren Buffett Buying?

May 16, 2011

Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) and Warren Buffett have just released the latest holdings of U.S.-listed equities as of March 31, 2011 for the Q2-2011 holdings. These public stock holdings have been broken down into two groups of ‘A to L’ and ‘M to Z’ so it is more concise and clear to see the path of changes. Here are Warren Buffett’s holdings and accompanying notes on each for the group ‘A to L’ in shares. When the recent earnings came out, we did see that the equity holdings’ value at March 31 grew to over $61.8 billion from $59.8 billion as of December 31, 2010.

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Video: Kang Says Cogo Gaining From China’s Technology Growth

May 13, 2011

May 13 (Bloomberg) — Jeffrey Kang, chief executive officer of Cogo Group Inc., discusses Cogo’s growth strategy and opportunities in China’s technology industry. Cogo provides technical and design solutions for small and medium-sized Chinese companies. Kang speaks with Pimm Fox on Bloomberg Television’s “Taking Stock.” (Source: Bloomberg)

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Video: Currie Sees Copper Price at $9,600 in Next Six Months

May 13, 2011

May 13 (Bloomberg) –- Jeffrey Currie, head of commodities research at Goldman Sachs Group Inc., talks about the outlook for commodities. He speaks with Maryam Nemazee on Bloomberg Television’s “Last Word.”

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Institutional Partners News: FINFacts May 11, 2011

May 12, 2011

We would also like to take a moment and encourage you to join over 2900 other commercial real estate professionals who have joined the George Smith Partners /FINfacts Linked In Group. In this group you will gain access to …

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Hedge Fund Jobs: FINFacts May 11, 2011

May 12, 2011

We would also like to take a moment and encourage you to join over 2900 other commercial real estate professionals who have joined the George Smith Partners /FINfacts Linked In Group. In this group you will gain access to …

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Rising Occupancy Should Bring Growth In Retail Rents By Year-End

May 12, 2011

Falling vacancy rates and rising demand for retail real estate should finally bring about meaningful rent growth for landlords in most U.S. retail markets by the end of 2011, according to CoStar Group economists. Growth in employment and moderately rising demand fueled by greater numbers of shoppers and little new supply of retail development on the horizon should set the stage for a significant drop in vacancy rates, which CoStar expects to fall…

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MCPc Adds to Virtualization Solutions Team, Enhances Virtualization and Cloud Offerings

May 10, 2011

CLEVELAND, OH–(Marketwire – May 10, 2011) – MCPc, Inc., a Cleveland-based technology products and solutions provider , has announced the hiring of key personnel to enhance its virtualization and cloud services . The company welcomes Andy Jones , group president for the presales division of the Advanced Technology Group, and Brian Cambier , virtualization architect, to its virtualization and cloud team.

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Technology Industry Pioneer David Yen to Lead Cisco Unified Computing and Nexus Server Access Switching Business

May 10, 2011

Experienced Sun Microsystems Engineering Leader and Former Juniper Networks Executive to Become General Manager of Cisco Server Access and Virtualization Technology Group

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BG Group profit declines

May 10, 2011

BG Group profit declines

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‘Giving Pledge’ Billionaires Gather For First In-Person Meeting

May 9, 2011

What do dozens of American billionaires talk about when they get together? Their topic this week was of course money; not how to make it, but how to give it away. Billionaire investor Warren Buffett said Friday that a private gathering was a great chance for the billionaires who have pledged to give away at least half their wealth to meet each other, compare notes, eat and laugh. The media was banned from Thursday’s first meeting of the group that has accepted the giving challenge by Buffett and his friend Microsoft co-founder Bill Gates. Since last June, 69 individuals or couples have made the giving pledge. Buffett knew only about 12 of the 61 people at the dinner at the Miraval Resort in Tucson before the famously gregarious Berkshire Hathaway CEO worked the room and made 40 new friends. “They all more than fulfilled my expectations,” Buffett told The Associated Press in a telephone interview. Melinda Gates, co-chair of the Bill & Melinda Gates Foundation, said she was delighted by the openness of the virtual strangers. At one point, conversation at her table drifted toward the biggest mistakes people had ever made as philanthropists. “One of the things about being a philanthropist, in many ways it’s rather a lonely job,” said Tashia Morgridge, a retired special education teacher. She works with her husband, Cisco Systems chairman John Morgridge, to give money to improve U.S. education through the Denver-based Morgridge Family Foundation. George Kaiser, a Tulsa, Okla., philanthropist who aids early childhood education and social services programs, said the giving pledge helps philanthropists who don’t want to just throw money at causes and instead want to explore the best ways to invest money to tackle the world’s biggest problems. “Being able to share with other people who are agonizing about the same decisions is extraordinarily useful,” said Kaiser, the chairman of BOK Financial Corp who has been an oil and gas industry executive for four decades. He led a session on applying analytical business practices to philanthropy. The goals of the organization do not include working together to pool philanthropic dollars. Still, the meeting in Tucson that ended Friday included sessions where different philanthropists shared their passion to improve education, the environment and other causes. Philosophies of giving and ideas for collaboration among the billionaires were also shared throughout the event, said Jean Case, CEO of the family foundation started by her and her husband, America Online founder Steve Case. “There’s a strong desire in this group to learn from each other,” said Jean Case, who offered to host the event at their Tucson resort after Melinda Gates talked to her about the possibility of the meeting. The mother of five children also led a session on children and families in philanthropy. Steve Case gave a talk on using social media to encourage giving. All the sessions at the meeting were led by members of the group. Some common themes emerged from the event. The participants are looking to do more impactful, more effective philanthropy and to inspire average people to give money away, Jean Case said. Sharing ideas about giving also took place informally. Melinda Gates said she talked to two people who were devoting money for work on state pension issues and criminal justice – problems Gates had previously not thought about. Chuck Feeney, a New Jersey philanthropist Buffett called the spiritual leader of the group, spoke about his plans to give all his money to charity. “He wants his last check to bounce,” Buffett said. ____ Online: The Giving Pledge: http://givingpledge.org/

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Video: Cangemi Says Financial Markets Much More Inter-Dependent

May 7, 2011

May 6 (Bloomberg) — Joseph Cangemi, a managing director at ConvergEx Group, talks about the 2010 financial market “flash crash.” One year ago today regulators were unable to arrest a market collapse that erased $862 billion from stock values in less than 20 minutes. Cangemi speaks with Pimm Fox on Bloomberg Television’s “Taking Stock.” (Source: Bloomberg)

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Video: Myerson Says FTEN `Proactive’ on Trading Risk Management

May 6, 2011

May 6 (Bloomberg) — Ted Myerson, chief executive officer of Nasdaq OMX Group Inc.’s FTEN Inc., talks about his company’s systems that help brokers track and manage risks for clients’ trades. He speaks with Carol Massar on Bloomberg Television’s “Street Smart.” (Source: Bloomberg)

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Video: Ira Jersey Says Fed Could Become `Active’ in 2012

May 6, 2011

May 6 (Bloomberg) — Ira Jersey, interest rate strategist at Credit Suisse Group AG, talks about the outlook for interest rates and Federal Reserve monetary policy. He speaks with Tom Keene on Bloomberg Television’s “Surveillance Midday.” (Source: Bloomberg)

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SALES VELOCITY: Surge In Total Office, Hotel Sales Provide Huge Boost in First Quarter Volume

May 5, 2011

First-quarter data from CoStar Group shows investment sales activity for commercial property continuing to increase. For all property types, first-quarter sales totaled more than $47.86 billion. That amount is significantly higher (more than $16 billion in some cases,) than the amount of property sales reported for the same period by other analytic firms in the past two weeks. CoStar Group’s number is a 47% increase from the first quarter of 2010…

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Dachis Group Announces Peter Kim Promoted to Chief Strategy Officer

May 3, 2011

Industry Veteran Jen van der Meer Promoted to Managing Director of Dachis Group

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Video: Ross Says It `Was Time to Harvest’ ICG Investment

May 2, 2011

May 2 (Bloomberg) — Billionaire investor Wilbur Ross, chairman and chief executive officer of WL Ross & Co., talks about the outlook for the U.S. economy and the sale of International Coal Group Inc. to Arch Coal Inc. for $14.60 a share in an all-cash transaction valued at $3.4 billion. Ross speaks with Bloomberg Television special correspondent Willow Bay at the Milken Conference in Los Angeles. (Source: Bloomberg)

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Video: Weiss Says Oil Companies Posting Best Results Since 2008

April 29, 2011

April 29 (Bloomberg) — Philip Weiss, an analyst at Argus Research Group, talks about the outlook for the energy industry and oil company stocks. He talks with Scarlet Fu on Bloomberg Television’s “InBusiness.” (Source: Bloomberg)

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Video: Riniker Says Equity Markets Will Move `Sideways’

April 29, 2011

April 29 (Bloomberg) — Christoph Riniker, head of strategy research at Julius Baer Group Ltd., discusses the outlook for equity markets. Riniker, speaking from Zurich with Francine Lacqua on Bloomberg Television’s “The Pulse,” also talks about investment strategy.

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CoStar and LoopNet To Join Forces

April 28, 2011

CoStar Group, Inc. (NASDAQ:CSGP) announced Wednesday that it has entered into an agreement to acquire LoopNet, Inc. (NASDAQ: LOOP), the leading online commercial real estate marketplace, in a transaction valued at approximately $860 million. CoStar said it believes the combined company will be the premier online resource for researching, analyzing, and marketing commercial real estate properties, and the combination of the two companies’ complementary…

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Earnings Season: CBRE, JLL Continue To Ride Global Real Estate Recovery

April 28, 2011

The world’s two largest commercial real estate service providers once again reported strong revenues and earnings in the first quarter of 2010, with worldwide improvement in market conditions reflected in stepped-up activity in outsourcing, leasing and investment sales. Year-over-year sales and leasing activity in the Americas drove overall revenue growth for CB Richard Ellis Group Inc. (NYSE: CBG) and Jones Lang LaSalle Inc. (NYSE: JLL) in the…

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CME Group Results…

April 28, 2011

CME Group Results…

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‘We All Need Jobs!’

April 22, 2011

Tired of getting nowhere in their search for work, 18 unemployed Californians are advertising themselves on billboards throughout the San Francisco area’s public transit system. “Let’s face it,” the advertisements say. “We All Need Jobs!” Howard Friedenberg, the leader of the group, said he got the idea for a campaign after seeing what he considered a badly-designed billboard for a lawyer or real estate agent. Friedenberg, who lost his job as a computer company’s communications specialist in November 2009, said he thought he could do better, and he recruited acquaintances he’d made while networking with other unemployed people. He said each of the 18 contributed $150 to cover the costs of ads and a website: www.WeAllNeedJobs.com . “We are a small group of self-promoting individuals looking for jobs,” the billboards explain. “Although we are talented, experienced professionals, getting attention of Bay Area employers hasn’t been easy. So here we are, on a poster.” Friedenberg said the initial goal was to receive media attention — and since the billboards went up in February, pretty much every TV station area has run a story . The campaign directs the curious to the group’s website, where employers can browse profiles of each of the 18 jobless individuals. Two of them have actually found work since its inception, according to the site. The word “LANDED!” is superimposed on their portraits. Do the billboards deserve credit for the hires? Not quite. But, Friedenberg said, it didn’t hurt. “I think what it did was it gave all of us a little more confidence,” he said. “We’re not embarrassed.” Friedenberg said the group has paid for for another eight weeks of ad space.

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Florida Homestead Law Group Hires Expert Paralegal Supervisor

April 22, 2011

John Stockton Joins Florida Homestead Law Group Team

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Top Economist Joins CBRE as Head of Americas Research, Senior Managing Dir.

April 22, 2011

CB Richard Ellis Group named Asieh Mansour, PhD, as head of Americas research and senior managing director of global research and consulting. As one of the top economists at CBRE, Mansour will oversee the firm’s analysts in the Americas, advise on economic issues and serve as a spokesperson on the industry. “Our research and analytical capabilities are a key strength for CB Richard Ellis, which we continually work to improve,” said Mike Lafitte…

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Video: Goldman Sachs’s Kostin Favors Technology, Energy Stocks

April 21, 2011

April 21 (Bloomberg) — David Kostin, chief U.S. equity strategist at Goldman Sachs Group Inc., discusses U.S. corporate earnings and investment strategy. Kostin speaks with Erik Schatzker and Deirdre Bolton on Bloomberg Television’s “InsideTrack.” (Source: Bloomberg)

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Video: Rollins Says Obama Campaigning, Fundraising `Too Soon’

April 20, 2011

April 20 (Bloomberg) — Ed Rollins, a Republican political strategist and chairman of Rollins Strategy Group, talks about President Barack Obama’s trip to California, which will include a town-hall style meeting and fundraisers, and the outlook for the 2012 presidential campaign. Rollins speaks with Deirdre Bolton on Bloomberg Television’s “InsideTrack.” (Source: Bloomberg)

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Cantor Fitzgerald Places First CMBS Offering

April 20, 2011

The latest player in the re-emerging CMBS market is Cantor Commercial Real Estate (CCRE), an affiliate of New York investment banking firm Cantor Fitzgerald, which placed its first commercial mortgaged-backed securities offering. Cantor Fitzgerald and CIM Group formed Cantor Commercial last August to finance and securitize mortgages and mezzanine loans on properties predominantly in urban communities in major U.S. markets. Cantor Fitzgerald reported…

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NASDAQ OMX Group Q1 Earnings

April 20, 2011

NASDAQ OMX Group Q1 Earnings

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Video: Kos Cites `Struggling’ First-Quarter U.S. Bank Revenues

April 19, 2011

April 19 (Bloomberg) — Dino Kos, managing director at Hamiltonian Associates, talks about the performance of U.S. banks in the first quarter, business strategies of Goldman Sachs Group Inc. and JPMorgan Chase & Co., and yesterday’s decision by Standard & Poor’s to lower its outlook for the U.S. credit rating. Kos talks with Pimm Fox on Bloomberg Television’s “Taking Stock.” (Source: Bloomberg)

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La Mancha Announces CFO Change

April 19, 2011

PARIS–(Marketwire – April 19, 2011) – La Mancha Resources Inc. ( TSX : LMA ) (hereinafter “La Mancha” or the “Company”) announced today that its Chief Financial Officer, Agnès Russeil, an AREVA employee seconded to La Mancha since January 31, 2007, has decided to pursue further opportunities within the AREVA Group, effective June 30, 2011.

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