investment firm news stories on Newser

JPMorgan Eyeing Twitter Stake

Rob Quinn — Mon, 28 Feb 2011 05:49:00 CST

Investment giant JP Morgan is seeking to snap up a slice of Twitter, insiders tell the Wall Street Journal . The firm's new $1.2 billion Digital Growth Fund is in talks to acquire a minority stake in the microblogging site in a deal that would value Twitter at around $4....

Brokers Ditch Big Firms, Hang Out Shingles

Harry Kimball — Mon, 04 Jan 2010 09:35:08 CST

Independent financial advisers are gaining on the big Wall Street firms in managing personal assets, as more brokers leave companies they see as unreliable or tarnished. Those heading for the exits are taking many of their clients with them, creating a net outflow in 2009 of about $188 billion in...

Winners, Losers in Bank Reform Bill

John Johnson — Sat, 12 Dec 2009 10:29:08 CST

The financial reform bill now on its way to the Senate is the biggest such effort since the Great Depression. The Wall Street Journal runs down who wins and loses, beginning with the Winners: Mortgage lenders: The bill doesn't allow bankruptcy judges to adjust the terms of first mortgages. Credit...

James Dean Lives—at Least in New TV Ad

Nick McMaster — Tue, 22 Sep 2009 16:39:01 CDT

James Dean is resurrected in a new TV ad for a South African investment firm, the Telegraph reports. The ad depicts Dean advancing through life as if he had he not died at age 24—directing his own films, leading a Vietnam War protest, going to a developing nation on...

Investors Storm Housing Market

Matt Cantor — Wed, 20 May 2009 07:18:08 CDT

Investors are snatching up cheap houses, hoping to turn a profit when the market picks up, the Wall Street Journal reports. Some are foraging far and wide for potential purchases; others are locals who know the ins and outs of the area market. Investors often make all-cash offers, helping them...

Foreign Investment in Iraq Up

Nick McMaster — Tue, 17 Jun 2008 16:09:22 CDT

European and Asian investors are taking advantage of the recently stabilized Iraqi business climate, USA Today reports. US firms still regard Iraq as too dangerous to invest in, but that attitude may cost them the best opportunities. The firms “who are getting in on the ground floor are not American,...

Gore Joins VC to Invest in Green

Laila Weir — Mon, 12 Nov 2007 15:23:20 CST

Al Gore is joining Silicon Valley's leading venture capital firm in an initiative to invest in green technology. Kleiner Perkins Caufield & Byers, traditionally focused on IT, recently moved into the area of environmentally friendly businesses. Gore will be an active partner with the firm, which has already invested $270...

Death Threats Sent to Goldman Sachs

Dustin Lushing — Fri, 06 Jul 2007 12:10:39 CDT

Investment powerhouse Goldman Sachs has been the subject of menacing letters sent to newspapers across the country, prompting an investigation by the FBI. "Hundreds will die," warn the letters that have been traced back to Queens, New York. "We are inside. You cannot stop us."