Private Investment In Mexico Tourism Up 39% In 1Q - Ministry (Nasdaq)
MEXICO CITY -(Dow Jones)- Private investment in Mexico’s tourism industry rose 39% in the first quarter of 2008 to $2.1 billion, the Tourism Ministry said Thursday.
Competition, lower investment income hurt Travelers profit (AP via Yahoo! Finance)
The Travelers Cos. Inc., one of the nation’s largest commercial insurers, said its first-quarter profit declined 11 percent as it fought a competitive insurance market and lower investment income.
Sector Snap: Investment Banks rise (AP via Yahoo! Finance)
Shares of investment banks rose Thursday afternoon as an analyst said problems in the capital markets and waves of write-downs are potentially reaching an end.
Investment strategies for tough times (CNN Money)
When it comes to Cohen & Steers, mutual fund junkies think one thing - real estate. The New York-based fund shop has been a top manager of real estate investment trust funds since the 1990s. But lately, this REIT focus has been a mixed blessing. Selling real estate funds was easy when REITs were hot (as in 2004, when Cohen & Steers flagship Realty Shares fund was up 39%), but it’s become much …
Big investment firms pull back on Fed borrowing (AP via Yahoo! News)
Big Wall Street investment companies are pulling back on their borrowing from the Federal Reserve’s emergency lending program, a sign that credit conditions may be improving a bit.
Closing Glance: Investment banks rise sharply (AP via Yahoo! Finance)
Shares of investment banks posted sharp gains Thursday as Deutsche Bank analyst Mike Mayo said rounds of write-downs tied to the recent credit turmoil could be approaching their end.
Investment firms get less from Fed (The Post and Courier)
WASHINGTON Big Wall Street investment companies are pulling back on their borrowing from the Federal Reserve’s emergency lending program, a sign that credit conditions may be improving a bit. A Federal Reserve report Thursday said those firms averaged $22.6 billion in daily borrowin…
Big U.S. investment firms pull back on Federal Reserve borrowing (Canadian Business)
Jeannine Aversa, The Associated Press April 24, 2008 - 5:11 p.m. WASHINGTON - Big Wall Street investment companies are pulling back on their borrowing from the U.S. Federal Reserve’s emergency lending program, a sign that credit conditions may be improving a bit.
China withdraws investment applications (Adelaide Now)
AT least 10 Chinese companies have withdrawn foreign investment applications to buy into Australian resources companies after pressure from the Rudd Government.
Opening Glance: Investment banks rise (AP via Yahoo! Finance)
Shares of investment banks mostly rose early Thursday, while the broader markets were mostly mixed as better-than-expected jobless claims and durable goods orders helped offset concerns over cautious comments by retailers like Amazon.com Inc. and Starbucks Corp.