CDL Investments Says New Zealand Housing Slump Slashes Profit (Bloomberg.com)

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Aug. 6 (Bloomberg) — CDL Investments Ltd. , the New Zealand residential property unit of Singapore’s City Developments Ltd., said first-half profit fell 80 percent as a slump in the housing market crimped sales.

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Profit slump for CDL Investments (The New Zealand Herald)

Property company CDL Investments’ half year net operating profit fell 80 per cent to $1.48 million as depressed market conditions hit the result.

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PRESS RELEASE:Fitch Cuts 5 Bifrost Investments Series 14 Classes (Nasdaq)

Fitch Ratings-London-05 August 2008: Fitch Ratings has today downgraded five tranches of Bifrost Investments Limited (Bifrost)-Series 14’s unfunded mezzanine swaps and removed them from Rating Watch Negative (RWN). The remaining three tranches have been affirmed, as listed below.

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PRESS RELEASE:Fitch Cuts 5 Bifrost Investments Series 15 Classes (Nasdaq)

Fitch Ratings-London-05 August 2008: Fitch Ratings has today downgraded five tranches of Bifrost Investments Limited (Bifrost)-Series 15’s unfunded mezzanine swaps and removed them from Rating Watch Negative (RWN). In addition, Fitch has affirmed the remaining three tranches, as listed below.

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Harith focuses on infrastructure

Harith runs the Pan African Infrastructure Development Fund (PAIDF), which was launched in June last year to assist with the “critical shortage of equity investment” in basic infrastructure in Africa.

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Real Estate Investments and Life Ins.

Therefore, your gain will be $7000 on an investment of $20000, or 35%. This is an enormous return. To put it in perspective, the S&P 500 averaged an 11.7% return (over the same 30-year period ending 1998). If you averaged this return …

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Herman Miller Sees 32% ROI in Energy Efficiency Investments

Herman Miller’s investments in areas such as energy efficiency have resulted in a 32 percent rate of return according to a case study by Forrester Research (via SeekingAlpha). According to the study, Herman Miller has already reduced …

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RBI wants Foreign VC Investments to be restricted to few sectors only

RBI has recommended that foreign venture capital investments (FVCIs) be restricted to nine sectors (investment in other sectors being treated as foreign direct investment). It has suggested that capital market regulator SEBI set up a …

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Altegris Investments Appoints Allen Cheng

Altegris Investments announced the expansion of their research team under the leadership of Mr. Allen Cheng, an accomplished hedge fund investment professional with extensive industry experience. Cheng joins Altegris as managing …

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Bad Investments Can Be Good Tax News

In an effort to catch rich parents who were trying to circumvent investment taxes by putting assets in the names of their children, the “kiddie tax” was enacted in 1986. Don’t be confused by the name. Under this law, a kiddie portion of …

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