Latest News In Stock Investment Funds – Nov 19

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Reynolds Retrenches – Forbes

19 Nov 2008 at 3:53am
Putnam Investments’ new chief executive announces job cuts as part of a larger restructuring–in the current climate, funds have lost money across the board. It’s not as though Putnam Investments’ fund managers go to work every day and try to lose …

Bank fears resurface and suck down Asia stocks – International Herald Tribune

18 Nov 2008 at 12:55am
Asian stocks fell by up to 5 percent on Tuesday as prospects of a deep global recession and the biggest job cut plan in history at Citigroup doused expectations for a financial sector recovery in 2009. Major European stock market futures shed as much …

Gold steadies on oil, platinum awaits JM report – Economic Times

18 Nov 2008 at 2:59pm
SINGAPORE: Gold steadied on Tuesday as oil regained some footing, while a firmer yen against the U.S. dollar spurred buying in platinum ahead of the release of a supply and demand report by refiner Johnson Matthey. Speculators in Japan pushed up …

UPDATE 4-UK’s Woolworths in talks to sell stores for nominal sum – Forbes

19 Nov 2008 at 6:44am
LONDON, Nov 19 (Reuters) – Struggling sweets-to-CDs retailer Woolworths is in talks to sell its high-street business to company restructuring specialist Hilco for a nominal sum, illustrating the pain being felt by British store groups as they grapple …

Wall Street remains worried ahead of testimony from automakers, stream … -…

19 Nov 2008 at 4:57am
NEW YORK (AP) _ Wall Street headed for a lower open Wednesday with investors worried about the economic fallout if Detroit’s Big Three automakers are unable to persuade lawmakers to give them a $25 billion bailout. The market will again be glued to …

Kuwait bankers urge $12.8 bln stock bailout fund – Forbes

19 Nov 2008 at 7:42am
The move comes a day after Kuwait asked its sovereign wealth fund, Kuwait Investment Authority (KIA), to set up a fund to invest in the battered bourse and shore up confidence. Kuwait did not officially reveal the size of the fund, but a government …

Stock & fund quotes – ninemsn

19 Nov 2008 at 8:17am
GENEVA, Nov 19 (Reuters) – World wheat production is likely to fall 5 percent to 647 million tonnes next season, against a record 682 million tonnes harvested in 2008, due to a drop in area sown, U.S. analyst AgResource said on Wednesday. “We believe …

Resolve Business Outsourcing Income Fund ends payouts; units plunge – 680 News

19 Nov 2008 at 8:17am
TORONTO – The Resolve Business Outsourcing Income Fund (TSX:RBO.UN) is suspending distributions to investors. The trust’s already beaten-down units plunged as much as 66 per cent after Wednesday morning’s news, dropping $2.30 to a new low of $1.20 on …

World stocks drop on US economy fears – WTOP Radio

19 Nov 2008 at 9:00am
LONDON (AP) – World stock markets fell Wednesday amid concerns about the global economy after further grim U.S. economic news and as the Big Three Detroit -based automakers pleaded to be bailed out by Congress. The FTSE 100 index of leading British …

What Are Some of the Best Hedge Fund Managers Doing? – Seekingalpha.com

19 Nov 2008 at 4:07am
It’s 13F filing time again. Institutional money managers who oversee more than $100 million must report their holdings to the SEC each quarter in their 13F report. These reports can be used to analyze the position movements of the best fund managers …

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November 19 2008 09:02 am | Stock Market News

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