QBE Says First-Half Profit Declines 7% on Investments (Update1) (Bloomberg.com)
Aug. 21 (Bloomberg) -- QBE Insurance Group Ltd. , Australia's biggest property and casualty insurer, said first-half profit fell 7 percent as declining financial markets cut investments.
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(AFX UK Focus) 2008-08-21 07:59 Noble Investments buys Apex Philatelics for up to 1.25 mln pounds (Interactive Investor)
LONDON (Thomson Financial) - Noble Investments (UK) Plc. said it has bought postage stamps trader and auctioneer Apex Philatelics Ltd. for 1.25 million pounds, adding that trading in the second half remains very strong.
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Memon Investments awards Dhs1.96m elevator contract to ETA MELCO (AME Info)
Memon Investments, a leading Dubai-based property developer and part of the international business conglomerate, the Memon Group of Companies, has awarded an Dhs1.96m contract to ETA MELCO.
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GSIS to tap advisers for foreign investments (Yehey!)
State-run Government Service Insurance System (GSIS) said it would choose at most two financial advisers for the second tranche of its programmed offshore investments this year.
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Government pension fund loses on investments last fiscal year (Las Vegas Sun)
Wed, Aug 20, 2008 (12:09 p.m.) CARSON CITY – The 140,000 member government pension system in Nevada lost money on its investments last fiscal year, but it performed better than most public retirement systems.
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Claymore Investments, Inc. Announces August Distributions (CNW Group via Yahoo! Finance)
Claymore Investments, Inc. is pleased to announce the August distributions for the following closed-end funds and exchange traded funds which pay monthly distributions.
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Caledonia Investments upgrades HiPortfolio implementation (Finextra)
Caledonia Investments Pty Limited (Caledonia), a boutique Australian investment manager, today confirmed that it will move to the latest version of ...
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Restructuring for London Office Debt Is Discussed (New York Times)
Fidelity Investments is planning an investor meeting to discuss a possible restructuring of defaulted debt on Plantation Place, the London office building bought for a record 527 million pounds in 2006, a deal then worth $918 million.
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Granholm announces business investments worth $658M (Detroit News)
LANSING -- Calling it "an incredibly great day for Michigan," Gov. Jennifer Granholm unveiled 20 projects Tuesday that, she says, will generate more than $658 million worth of new investments and create, or retain, 9,500 badly needed jobs.
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Fidelity Investments pressed to buy back auction-rate securities (International Herald Tribune)
The Massachusetts secretary of state wrote a letter to the firm's chief executive, citing "grave concern" over investors who cannot sell the bonds.
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