investment company

Related Articles
Telkom ends disposal talks with MTN, Vodafone	28 November 2007
Telkom, South Africa's former telecoms monopoly, on Wednesday called off break-up talks with mobile phone rival MTN and partner Vodafone Group Plc, sending its shares plunging. Telkom said talks to sell part of its mobile phone assets to British-based Vodafone, the world's largest mobile phone company by revenue, had hinged on a successful deal to sell all or some of its fixed-line assets to mobile phone compatriot MTN. "As discussions with Vodafone regarding Telkom's investment in Vodacom were subject to agreement being reached with MTN, Telkom shareholders are advised that discussions with both MTN and Vodafone have been terminated," Telkom said in a statement.
Project Manager [Fixed Income]	28 November 2007
Project Manager, Fixed Income, Banking, Financial. My client are world leaders in their niche of financial services - a well respected organisation and a great company to work for. This is a new role for a Project Manager to work in the Fixed Income Development Teamproviding technical solutions in the areas of Fund Management, Trading, Order Management, Investment Operations, and Credit and Quant Research publishing. The selected candidate will be responsible for delivery of systems to the business inc planning, development and implementation of systems and managing a technical team. This is a challenging, high visibility role needing a candidate with significant project management experience within Investment Banking / Investment Management and particularly with experience within Fixed Income. Candidates should have exceptional communication skills along with matrix management experience and any Prince2 and UML epxerience would be useful. Full and detailed job spec available on receipt of suitable CV. Abraxas plc acts as an employment agency/business. No terminology in this advert is intended to discriminate on the grounds of age, and we confirm that we will gladly accept applications from persons of any age for this role.
$200 Billion to Invest, but in China	29 November 2007
In contrast to other sovereign wealth funds, China’s state-run investment fund has no immediate plans to take a large stake in any foreign company.
HP expands green agenda with investments	27 November 2007
Hewlett-Packard is investing in wind and solar energy in the U.S. and Ireland in an effort to reduce its carbon footprint globally.HP signed a contract with SunPower to install 5,000 solar-power panels in its San Diego facility. The installations will cover 10 percent of the energy used by the facility and save HP $750,000 in power costs over 15 years, the company said in a news release.It also signed an agreement to buy wind energy from Airtricity, which has wind farms in the U.S. and Europe. Airtricity will provide wind energy to HP's Ireland facilities in 2008, an effort that will save the company $40,000 for fiscal 2008. The investment will reduce HP's carbon-dioxide emissions by 40,000 tons and make 90 percent of HP's energy use in Ireland renewable, the company said.AMD already has a facility in Texas powered completely by renewable energy.In the face of increased power demand by hardware and data centers, many companies are focused on reducing power consumption and going green, Christopher Mines, analyst at Forrester Research, wrote in a May report. System builders like HP, IBM, and Dell are pouring significant resources into building recyclable IT devices and energy-efficient manufacturing operations, according to Mines.Companies are also developing calculators, benchmarks, and techniques for customers to measure and reduce power consumption, Mines wrote.IBM recently announced the Systems Director Active Energy Manager, an energy management package that monitors power consumption, and makes adjustments in systems to improve energy efficiency and reduce power consumption costs. Last month, it announced a mainframe energy gauge to measure typical energy consumption data by its System z9 mainframe.
Alliance California Municipal Income Fund, Inc. Monthly Distribution	27 November 2007
Alliance California Municipal Income Fund, Inc. , a closed-end management investment company, declared on this date, November 27, 2007, a monthly distribution of $0.0615 per share of Common Stock, payable on ...
Dubai investment fund takes 'substantial' stake in Sony	26 November 2007
Dubai International Capital has bought a "substantial" stake in Sony, another sign of Middle Eastern investors' growing interest in technology.The investment, announced Monday, is also a vote of confidence for Sony, which is going through a major restructuring. Dubai International Capital (DIC) expects its investment to grow in the medium term as Sony applies its brand and product design skills to emerging technologies, it said.DIC did not disclose the amount of the investment, its first in Japan. The fund through which it was made, Global Strategic Equities Fund, manages assets of around $2 billion. Its recent acquisitions include a 3.12 percent stake, worth around $837 million, in European aircraft manufacturer EADS.Shares in Sony rose 4.6 percent on the Tokyo stock exchange Monday on news of the Dubai investment, although Sony representatives reached in Europe were unable to confirm the news.Sony is refocussing on core activities and selling off others. In October it raised $2.5 billion from the sale of a stake in its financial services division, Sony Financial Holdings. The division was among its most successful businesses, with an operating profit margin of around 13 percent, compared to 3 percent from its electronics activities.Dubai, one of the states making up the United Arab Emirates, is not the only one interested in technology investments: On Friday, Mubadala Development Co. of Abu Dhabi paid $622 million for a stake in Advanced Micro Devices.Mubadala is owned by the Abu Dhabi government, while Dubai Holding, the parent company of Dubai International Capital, is owned by the ruler of Dubai.Much of the wealth of the United Arab Emirates comes from oil. As these countries' proven oil reserves are depleted, their rulers are seeking to invest oil income in other industries to ensure their financial future.Sovereign wealth funds like those of the United Arab Emirates, and also some Asian economies with significant foreign currency reserves, are now a bigger source of investment capital than hedge funds and private investment funds, according to a recent study by McKinsey & Co.
Dubai International Capital Buys Sony Stake	26 November 2007
The private equity company owned by the ruler of Dubai said it has made a "substantial investment" in Sony, sending Sony's shares up 4.6 percent.
Braemar loss widens	01 January 0001
Braemar Group Plc, the U.K. real-estate investment company that sold shares to the public in 2005, said its first-half loss widened because of “deteriorating sentiment” in the residential
Billiton shareholders call for moral stand	26 November 2007
BHP Billiton shareholders call for moral stand on lucrative tradeJan Mayman in PerthThe GuardianMonday October 1 2007Source: http://www.guardian.co.uk/business/...nuclearpowerThe world's biggest mining company is facing a revolt from shareholders who want the group to stop excavating uranium.Activist plan to use the annual meeting of BHP Billiton, which last year made record-breaking profits of $13.4bn (£6.7bn), to force the company to take a "moral stand" and pull out of the highly profitable trade in uranium, which has soared in price as demand for nuclear fuel has grown in the past decade.Led by John Poppins, a retired engineer whose family controls more than A$1m (£434,000) worth of stock in the company, the BHP Billiton Shareholders for Social Responsibilities group hope to enlist support from conservationists, churches and unions on the shareholder register.Mr Poppins has 60 of the 100 signatures he needs to get the issue on the agenda of the AGM in Adelaide next month, with more pledged. "BHP Billiton's outstanding commercial success and market pre-eminence carries an equally large moral obligation to provide leadership on issues of uranium production and nuclear proliferation," he said.BHP Billiton's profits have boomed 27% in the past year from burgeoning sales of iron ore, copper, aluminium, manganese and natural gas, and it owns the world's biggest known deposit of uranium, at its Olympic Dam mine in South Australia.Figures from BHP Billiton say it contains more than 2m tonnes of uranium oxide. With recent prices reaching as high a $68,000 a tonne, the value of the deposit is more than $1bn.BHP Billiton has long-term contracts for the sale of uranium oxide concentrates to the UK, France, Sweden, Finland, Belgium, Japan, South Korea, Taiwan, Canada and the US. "There are major strategic tensions between some of these countries, along with Israel and Pakistan, all of which have the capacity to manufacture nuclear bombs," Mr Poppins said.He is concerned that the Australian government has recently declared its support for uranium sales to Russia and India. And the notion that uranium was a clean fuel was wrong, he said. "Claims that uranium is 'carbon-free' completely ignore the substantial carbon costs of its mining, processing, power station construction, protection and disposal," he said.Mr Poppins was an engineer in computing and aviation before retiring to take up ethical investment issues.BHP Billiton said that shareholders were free to raise any issues at AGMs.Source: http://www.guardian.co.uk/business/...nuclearpower
Private Equity Company From Dubai Buys a Stake in Sony	27 November 2007
Dubai International Capital said Monday that it had made a “substantial investment” in the Sony Corporation, its first investment in a Japanese company.