The News Review:
- Legislators want more details on Permanent Fund investment changes
- GM’s Unit for Investing to Attract Pay Scrutiny
- Samsung investing $500M to retool plant
- Maersk would consider bargain takeovers: report
- Pletschet: More basic investment guidelines
- Harry Domash nline Investing: Measure the risk even in a strong …
Legislators want more details on Permanent Fund investment changes
Fairbanks Daily News-Miner
The members of the Legislative Budget and Audit Committee charged with oversight of the Permanent Fund Corporation sought a better understanding of what the investment changes will mean for the $32 billion fund which generates profits Alaskans receive as annual dividends. But after a presentation by the corporation and some questions Anchorage representatives Mike Doogan a Democrat and Mike Hawker a Republican had even more questions. Fund CE Mike Burns and new Chief Investment fficer Jeff Scott said the new strategy groups investments not by type but by risk characteristics. Some investments have names that infer risk levels but under different market scenarios might not behave as expected. ?It?s important for us to make sure we are all visible to the risk we are taking? Scott said. The fund?s board chairman Steve Frank explained it this way in a June 20 letter to Alaskans:?At times corporate bonds act more like stocks than they act like U.
GM’s Unit for Investing to Attract Pay Scrutiny
New York Times
Feinberg A group of employees in G. ’s investment management division in New York where top earners make $2 million to $3 million a year are coming under sharp scrutiny by the bama administration’s pay czar.
Samsung investing $500M to retool plant
Bizjournals.com
South Korea-based Samsung's move will mean an investment of roughly $500 million. Work at the plant will stop in ctober with the remodel slated for completion sometime next year. Samsung operates two plants in the local area including the state-of-the-art facility it opened in Northeast Austin in 2007. Roughly 500 employees at the plant will be laid off by ctober Samsung said. The retooled facility will add as many as 200 jobs when it opens next year officials said.
Maersk would consider bargain takeovers: report
Reuters
C) would consider takeovers of insolvent competitors or of individual freighters as these are the cheapest options to expand during the economic crisis its chief executive told a German magazine. The conglomerate is also investing in special freighters for Africa and South America as it seeks to spend some 6. 5 billion euros ($9. 28 billion) this year Chief Executive Nils Andersen said according to magazine WirtschaftsWoche. Part of the money is being spent on investing in new and existing harbors such as the container terminal in Nigeria Andersen said the weekly magazine reported. While it is considering selling its passenger and car ferry business it will keep its Maersk Line division Andersen said.
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Pletschet: More basic investment guidelines
San Jose Mercury News
Saturday I covered personal net worth getting started budgeting and the stock market. Be very selective in buying investments that constitute debt.
Harry Domash nline Investing: Measure the risk even in a strong …
Santa Cruz Sentinel
Risk averse investors should avoid stocks scoring three or more and lower is better. All investors should rule out stocks scoring five or more. Harry Domash of Aptos publishes the Winning Investing newsletter and the Dividend Detective Web site. com’>winninginvesting. com or Santa Cruz Sentinel P.