The News Review:
- Calamos posts Q4 loss on investment liquidation
- Nervous investing experts wait out cheap bank stocks
- Clean Tech Still Sizzles as Venture Investments Cool
- The Wallet covers the latest personal finance and investing news …
- Investing in a college degree has tax benefits
Calamos posts Q4 loss on investment liquidation
Reuters
9million of investments from its portfolio resulting inrealized losses of $193. Calamos a mid-sized firm focused on growth-styleinvesting reported a fourth-quarter net loss of $26. 1 millioncompared with a profit of $9. 3 million in the year-ago period.
Related from Managementmonster: Calamos Asset Management cuts 47 workers cites market deterioration
Nervous investing experts wait out cheap bank stocks
USA Today
What’s more the banks cut dividends to a penny per common share when each issued preferred stock to the government for its cash infusions of $45 billion each. The government collects annual dividends of 8% and 10%. “A classic reason why people invest in bank stocks is for the dividends and now that’s gone” says Cassandra Toroian chief investment officer at Bell Rock Capital. Now there’s a growing view that federal officials will have to take control of Citi or BofA if either needs additional capital from the government. That could drive the stock price to zero. ne telltale sign is the value that shareholders have put on the banks. Citi has a market capitalization of $18 billion and BofA’s at $30 billion — in both cases less than the amount of the government’s investments.
Clean Tech Still Sizzles as Venture Investments Cool
New York Times United States
Venture investing slowed to a crawl in 2008 the first year since 2003 that total investments declined. When investors did decide to dole out dollars they were more likely than not to invest in green technology start-ups.
The Wallet covers the latest personal finance and investing news …
Wall Street Journal Blogs NY
comWas Mary Poppins on the books? Personal Finance:-Trying to decide which kind of bank fee is worst is kind of like deciding where you’d rather be punched. A glance at which is worse: a bounced check a late penalty on a credit card payment or a payday loan.
Investing in a college degree has tax benefits
Tallahassee.com FL
Tuition payments up to $5250 a year made under an employer’s educational assistance program are also generally tax-free. The tax incentives available are numerous. While eligibility depends on individual circumstances a tax benefit can be obtained for investing in a valuable asset — a college education. Jeff Krizner CPA is a tax manager with Thomas Howell Ferguson P.