Putting Off Investments

The Environmental Protection Agency estimates that the nation’s water and wastewater systems need an investment of up to $1.2 trillion over 20 years. Also, arid states such as Arizona, Texas and Utah, where water costs more to provide, …

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Fall in new home sales breaks record

New US home sales fell 9% in November, down a record 34.3% for the year ended Nov. 30, the Commerce Department reported today.

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SandP could downgrade rating for Pakistan

Standard and Poor’s may lower Pakistan’s foreign-currency B+ rating if political instability escalates, following the Thursday assassination of opposition leader Benazir Bhutto, according to a statement issued today.

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Index Fund Investors Earn More From Investments

There’sa new study assembled by researchers from three university that shows that those who invest in index funds have better investment returns than those who invest in managed funds. In fact, those who invest in no-load index funds …

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Legg Mason reduces ABCP Investments in 2 funds, one in Canada

BALTIMORE - Legg Mason Inc. (NYSE: LM) said it has reduced its asset-backed commercial paper investments in two of its non-US liquidity funds - one in Ireland and the second in Canada.

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Delaware Investments Global Dividend and Income Fund, Inc. Announces Dividends (PR Newswire via Yahoo! Finance)

Today, Delaware Investments Global Dividend and Income Fund, Inc. , a New York Stock Exchange-listed closed-end fund trading under the symbol “DGF,” declares a monthly dividend of eight cents per share.

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PRESS: Moscow’s appeals court rules in favor of Czech PPF Investments (Interfax)

PRAGUE. DECEMBER 28. INTERFAX CENTRAL EUROPE - Moscow-based appeals court upheld a preliminary injunction Wednesday against a capital increase at Russian insurer Ingosstrakh that would have diluted Czech- owned private equity group PPF Investments (PPFI) stake in the company, Czech daily Mlada fronta Dnes (MfD) reported Friday.

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Delaware Investments(R) Municipal Income Funds Announce Dividends (PR Newswire via Yahoo! Finance)

Today, the following four Delaware Investments municipal income funds, all closed-end management investment companies, declare their monthly income dividends:

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Fortune 1000 IT Investments Are Riskier Than Capital Investments, Says Management Insights (Newswise)

A study of Fortune 1000 companies shows that investments in information technology carry higher risk than other capital investments, according to the Management Insights feature in the current issue of Management Science, the flagship journal of the Institute for Operations Research and the Management Sciences (INFORMS(r)).

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Legg Mason reduces ABCP Investments in 2 funds, one in Canada (Canadian Business)

BALTIMORE - Legg Mason Inc. (NYSE: LM) said it has reduced its asset-backed commercial paper investments in two of its non-U.S. liquidity funds - one in Ireland and the second in Canada.

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