Investment Service NewsInvestment Services news continually updated from thousands of sources around the net.Goldman says U.S. dollar has bottomed, euro to fall- August 15, 2008 Stabilizing U.S. economic growth, falling oil prices and a deteriorating outlook outside the United States have led Goldman Sachs to abandon its ten-year bearish stance on the U.S. dollar.http://www.topix.net/business/investment-services/2008/08/goldman-says-u-s-dollar-has-bott... Merrill May Cut Dividend for First Time in 37 Years, Options Trading Shows- August 14, 2008 Merrill Lynch & Co. Chief Executive Officer John Thain , battered by $19 billion of losses, vowed last week to maintain the firm's 35-cent quarterly dividend.http://www.topix.net/business/investment-services/2008/08/merrill-may-cut-dividend-for-fir... US Airways to sell stock to Merrill Lynch, trading halted- August 14, 2008 Trading in US Airways Group Inc. stock was halted Thursday morning as the airline announced plans to sell 19 million shares of stock to Merrill Lynch & Co.http://www.topix.net/business/investment-services/2008/08/us-airways-to-sell-stock-to-merr... Former Atlas Tube part of Novolipetsk deal- August 14, 2008 Mr. Zekelman was the former owner of Atlas Tube, a steel tube producer based in southwestern Ontario.http://www.topix.net/business/investment-services/2008/08/former-atlas-tube-part-of-novoli... M&T expands in municipal bonds- August 14, 2008 M&T Bank Corp. has expanded its municipal bond division, hiring a group of 15 specialists from a Baltimore brokerage firm to add to the services it offers hospitals, nonprofits and school districts in its ...http://www.topix.net/business/investment-services/2008/08/m-t-expands-in-municipal-bonds?f... Goldman to pay $1.5 billion for ABN assets- August 14, 2008 A consortium led by Goldman Sachs Group Inc has agreed to pay about $1.5 billion for a number of ABN AMRO's private equity assets, the Wall Street Journal said Wednesday.http://www.topix.net/business/investment-services/2008/08/goldman-to-pay-1-5-billion-for-a... Onex post Q2 loss of $18M vs year-ago profit of $166 million after gains- August 14, 2008 Onex Corp. , one of Canada's biggest companies, reported a net loss in the second quarter, reversing a big profit for the same year-ago period, when the company booked one-time gains from the sale of shares.http://www.topix.net/business/investment-services/2008/08/onex-post-q2-loss-of-18m-vs-year... Yahoo spends $36M on advisers in Microsoft dance- August 13, 2008 Yahoo Inc. shelled out $36 million in the first half of 2008 to the outside advisers that helped the company navigate stormy buyout talks with Microsoft Corp.http://www.topix.net/business/investment-services/2008/08/yahoo-spends-36m-on-advisers-in-... J.P. Morgan Chase hit by new mortgage losses- August 13, 2008 A summer meltdown in debt prices has already led the bank to a $1.5 billion loss for the third quarter, greater than its $1.1 billion investment-banking write-down in 2Q.http://www.topix.net/business/investment-services/2008/08/j-p-morgan-chase-hit-by-new-mort... Russian steel giant Novolipetsk buys US pipe and tube manufacturer JMC- August 13, 2008 The Beechwood, Ohio-headquartered John Maneely Company, or JMC, is the largest independent maker of tubular steel in North America and has estimated 2008 sales of around $3 billion, Novolipetsk said.http://www.topix.net/business/investment-services/2008/08/russian-steel-giant-novolipetsk-... |