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Thomas v. Capital Medical Management Associates, LLC (Maryland Court of Special Appeals)

8 hours ago ago from Maryland Business Law Developments

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Fortress Investment Sees Better Times Ahead

4 hours ago ago from ZachStocks

Shares of Fortress Investment Group ( FIG ) are trading higher today after comments made at the Goldman Sachs ( GS ) US Financial Services conference. The private equity company has benefited from the equity market rebound and the return of liquidity to the global investment universe. As I write, the stock is up more than 7% after CEO Daniel Mudd spoke at the conference this morning and told investors that they are seeing more demand for ...

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Caldwell Investment Management Appoints State Street and IFDS to Provide Investment Servicing Solutions

4 hours ago ago from The Cape Cod 10 - Top Ten Lists of the Best Restaurants, Businesses, Services, and Everything Else You Can Imagine in Cape Cod, MA

TORONTO (BUSINESS WIRE) State Street Corporation (NYSE: STT), one of the world's leading providers of financial services to institutional investors and IFDS Canada, the expert in transfer agency services, announced today that they have been appointed by Caldwell Investment Management, Ltd to provide custody, fund accounting, fund administration, registered trustee services, foreign exchange, transfer agency and unit-holder recordkeeping ...

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Hedge funds head towards uncertainty

18 hours ago ago from Ghana Business News

It wasn't too long ago big-time hedge fund managers like James Pallotta were erecting monuments to themselves. In Pallotta's case, it was a $21 million Georgian-style mansion he built in 2007 in Weston, a leafy Boston suburb uncomfortable with such displays of wealth. Yet Pallotta soon would become a symbol not of conspicuous consumption but of the dramatic comedown of a once seemingly indomitable industry. In July, Pallotta, a protege ...

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UK on course to create Europe's largest technology venture capital fund

12 hours ago ago from NewNet - New Energy World Network: the latest news and analysis on alternative, sustainable and renewable energy for the global clean energy investor community

10th December 2009 The UK government has announced the appointment of Hermes Private Equity and the European Investment Fund (EIF) as fund of funds managers for the UK Innovation Investment Fund (UKIIF). The fund will invest in innovative British businesses in key sectors including life sciences, clean technology, digital and advanced manufacturing. The government's investment of £150m has leveraged £175m in additional money, ...

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Weiss Capital Management Featured in Investment Advisor Magazine

5 hours ago ago from PopEater

PALM BEACH GARDENS, Fla., Dec. 10 /PRNewswire/ -- Weiss Capital Management, Inc. ( www.WeissCM.com ), an independent Registered Investment Adviser (RIA), announced today that the company and its principals Sharon A. Daniels and Steven P. Chapman have been featured in an article entitled "Out of the Fire: Tempered by the Financial Crisis, the Best RIA Firms Have Grown Stronger" in the December 2009 issue of Investment Advisor magazine. Full ...

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Blue Chip Value Fund Announces Estimated Sources of 2009 Distributions

8 hours ago ago from PopEater

The following table sets forth the estimated amounts of the cumulative distributions paid this fiscal year to date from the following sources: net investment income; net realized short term capital gains; net realized long term capital gains; and return of capital. Estimated Sources of Distributions for Tax Year 2009     Total Cumulative Distributions for the Fiscal Year to Date ($)   % Breakdown of ...

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Macquarie Global Infrastructure Total Return Fund Inc. Declares Regular Quarterly Distribution

12 hours ago ago from PopEater

Macquarie Global Infrastructure Total Return Fund Inc. (NYSE: MGU) (the “Fund”) declared today a regular quarterly distribution for the period ending December 31, 2009 of $0.16 per share. Based on the Fund’s net asset value (“NAV”) of $18.34 and New York Stock Exchange closing market price of $15.22 on December 9, 2009, the $0.16 per share distribution is equal to an annualized distribution rate of 3.48% at NAV and 4.20% at market price, ...

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Diamond Hill Financial Trends Fund, Inc. Announces Distribution

4 hours ago ago from PopEater

COLUMBUS, Ohio, Dec. 10 /PRNewswire-FirstCall/ -- Diamond Hill Financial Trends Fund, Inc. (Nasdaq: DHFT) announced today that the fund will pay an income dividend as follows: Dividend per Share: $0.12 Declaration Date: December 10, 2009 Record Date: December 21, 2009 Payable Date: December 28, 2009 2010 Expense Ratio Information : The Fund's Investment Advisor, Diamond Hill Capital Management, Inc., ("DHCM") has been operating under an ...

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House Raises Capital Gains Tax for Venture Capitalists

20 hours ago ago from Wall Street Journal

If Mr. Obama is upset that he didn't have more of a chance to discuss this before the House acted, he's not alone. Knowing how popular tax increases are with unemployment at 10%, the House majority rushed the bill to the floor without a hearing or even a committee vote. Then they buried it in a package advertised as an extension of tax cuts for research and development. The new 35% rate applies to what is known as "carried interest," which ...

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