The News Review:
- Warren Buffett’s Priceless Investment Advice
- US Treasury’s Paulson praises expanded Federal Home Loan Bank…
- Bloomberg.com: Investment Tools
- Bloomberg.com: Investment Tools
- Bloomberg.com: Investment Tools
- VMWare to expand India operations, investing $100 million by 2010
- RBI may hike overseas direct investment limit for Indian firms &…
Warren Buffett’s Priceless Investment Advice
Motley Fool – Mar 24, 2008
”
If you can grasp this simple advice from Warren Buffett, you should do well as an investor. Sure, there are other investment strategies out there, but Buffett’s approach is both easy to follow and demonstrably successful over a period of more than 50 years. Why try anything else?
Two words for the efficient market hypothesis: Warren BuffettAn interesting.
US Treasury’s Paulson praises expanded Federal Home Loan Bank…
Forbes – Mar 24, 2008
‘The targeted decision by the Federal Housing Finance Board to enable the Federal Home Loan Banks to assist temporarily in this period of stress, consistent with safe and sound operatoins, will bring more liquidity to the mortgage market,’ he said in a statement. The regional Federal Home Loan Banks will be allowed for two years to increase to 600 pct of capital from 300 pct, the amount of mortgage-backed securities (MBS) they can purchase, providing at least 100 bln usd in additional capital to the MBS market.
Bloomberg.com: Investment Tools
Bloomberg – Mar 24, 2008
–(BUSINESS WIRE)–March 24, 2008Claymore Advisors, LLC, is pleased to announce that today thefollowing Claymore Exchange-Traded Funds ("ETFs") have declared EITHERmonthly or quarterly distributions. The table below summarizes thedistribution schedule for each Fund declaring a distribution. Ticker Fund Name Ex-Date Record Pay-Date Income Long-Term Date Dividend Capital Per Share Gains Per Share———————————————————————-UBD Claymore U.
Bloomberg.com: Investment Tools
Bloomberg – Mar 24, 2008
(NYSE: WDR) today announced that Timothy J. Miller, CFA, hasbeen named vice president and portfolio manager of the W&R Target Small CapValue Portfolio and the Ivy Small Cap Value Fund. Miller, a 29-year veteran of the mutual fund and investment industry,joined Waddell & Reed in February. Previously, he spent more than 10 yearswith Invesco Funds Group, including four years as its chief investmentofficer.
Bloomberg.com: Investment Tools
Bloomberg – Mar 24, 2008
–(BUSINESS WIRE)–March 24, 2008Gladstone Investment Corp. (NASDAQ:GAIN) (the "Company") announcedtoday that its Board of Directors has approved and set a record dateof March 31, 2008 (the "Record Date") for a transferable rightsoffering to purchase additional common stock of the Company (the"Offering"). The Offering will be made to stockholders of record as ofthe record date ("Record Date Stockholders"). PURPOSE OF THE RIGHTS OFFERING: The purpose of the Offering is toincrease the assets of the Company available for investment by payingdown the Company's existing line of credit, thereby allowing theCompany to more fully take advantage of available investmentopportunities and to reduce the relative significance of certain largepositions in its portfolio. NUMBER OF RIGHTS OFFERED: Under the terms of the Offering, theCompany will grant rights to subscribe for up to an aggregate of5,520,033 shares of its common stock. On the Record Date, the Companywill distribute to Record Date Stockholders one transferable right topurchase one share of its common stock for every three shares ofcommon stock held (the "Allotment").
VMWare to expand India operations, investing $100 million by 2010
Forbes – Mar 24, 2008
said Monday it will undertake a multi-year initiative to expand its India-based research and development operations. The Palo Alto, Calif. -based provider of virtual platform products said it would invest $100 million in India by 2010 and a develop an 82,000 square foot center in Bangalore. VMWare also intends to double the company’s India-based engineering organization to more than 1,000 people in the next two years.
RBI may hike overseas direct investment limit for Indian firms &…
Economic Times – Mar 24, 2008
The current
ceiling on overseas investment of Indian companies and individuals is 200% of
their net worth. Enhancing the limit would enable Indian companies to go in for
larger acquisitions abroad. Recommendations to this effect have been
placed before RBI by a panel comprising top officials of the apex bank and the
government.