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BNET Business Dictionary
- Asset
- any tangible or intangible item to which a value can be assigned. Assets can be physical, such as machinery and consumer durables, or financial, such as cash and accounts receivable.Assets...
- Asset definition on BNET »
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- Hirings; CalPERS.(Capita Financial Group hires Bank of New York)(Columbia Management hires Deutsche Asset Management)(Fifth Third Asset Management hires Fort Washington Advisors )
- SACRAMENTO, Calif. - CalPERS committed $40 million to Paladin Private Equity Partners I, a clean technology fund that targets small-cap to midcap companies, according to a news release from Paladin. The commitment marks the $206.1 billion California SACRAMENTO, Calif. - CalPERS committed $40 million to...
- Research articles 2006-02-06
- Firms report increases in assets under management.(News)(valuation for Legg Mason Inc, Bank of America Corp, Franklin Resources Inc)
- Several asset management firms reported increases in their assets under management for 2005. * Legg Mason Inc. reported $850.8 billion in assets under management as of Dec. 31, 135% higher than the $362 billion reported at the end of 2004 and up 1 ...
- Research articles 2006-02-06
- News briefs.(Callan Associates settlement with San Diego City Employees' Retirement System)(Alaska Airlines's investing in pension plans for its employees)(mutual fund industry's forecasts)
- CALLAN, SAN DIEGO REACH $4.5 MILLION SETTLEMENT SAN DIEGO - Callan Associates will pay the city of San Diego $4.5 million to settle a 2005 lawsuit that claimed Callan was negligent in advising the $4.6 billion San Diego City Employees' Retirement CALLAN,...
- Research articles 2006-12-11
- Judge: PwC cash balance plan's age definition illegal.(News Briefs)(PricewaterhouseCoopers LLP's plans on the retirement age was ruled out y the United States District Court)
- NEW YORK - PricewaterhouseCoopers LLP's cash balance plan violated ERISA by defining "normal retirement age" in terms of years of service rather than a specific age, according to a ruling by a judge in U.S. District Court in New York. Th NEW YORK...
- Research articles 2006-09-18
- News Briefs.(lawsuit against ABB, Continental Airlines Inc., California public pensions)
- ABB latest 401k plan to face lawsuit over fees KANSAS CITY, Mo. - Five participants in the 401k plan of ABB Inc., Norwalk, Conn., filed suit against the company and its trustee, Fidelity Management Trust, claiming they violated their fiduciary ABB latest 401k...
- Research articles 2007-01-08
- CalSTRS likely to continue eschewing tobacco.(California State Teachers' Retirement System's)
- SACRAMENTO, Calif. - CalSTRS staff recommended continuing exclusion of tobacco companies from the pension fund's equity and debt benchmarks, but noted the fund may revisit that decision given a July 6 Florida Supreme Court ruling reversing $145 billi SACRAMENTO, Calif. - CalSTRS staff recommended continuing exclusion...
- Research articles 2006-09-04
- Briefs; UN pushes for set of global socially responsible investment guidelines.(United Nations, Caterpillar Belgium S.A., J.P. Morgan Investor Services, Portfolio Partners Ltd.)
- LONDON - The United Nations Environment Program, Nairobi, announced it would create a global set of socially responsible investment guidelines by September 2005. The $26.4 billion United Nations Joint Staff Pension Fund, New York, will follow the gui LONDON - The United Nations Environment Program, Nairobi,...
- Research articles 2004-07-26
Additional Resources
- Visteon plans major retooling to fix woes; Worker shifts, asset sales possible, analysts say.(News)
- Byline: Terry Kosdrosky A North American restructuring is in the works at auto supplier Visteon Corp., with analysts predicting possible sales and transfers to former parent Ford Motor Co. In a news release earlier this month, President and CEO Byline:...
- Research articles 2004-09-27
- / CORRECTION - Invesco PowerShares to Introduce Family of Global Asset Allocation ETFs
- In the news release, "Invesco PowerShares to Introduce Family of Global Asset Allocation ETFs," issued Thursday, May 01, 2008 by PowerShares Capital Management, we are advised by the registered investment advisor that the source name should have been "Invesco PowerShares Capital Management LLC", and that the stock exchange in the...
- Research articles 2008-05-02
- Temple Summit Financial Projects, Inc. Corrects and Replaces Previous Announcement, BW0380,
- Business Editors NOTE: The following news release replaces and corrects the previous Temple Summit Financial Projects, Inc. news release, which ran earlier today on Business Wire, BW0380 (TX-TEMPLE-SUMMIT-FINAN). NASHVILLE--BUSINESS WIRE--March 17, 2000 BW(TX-TEMPLE-SUMMIT-FINAN)TSFP Temple Summit Financial Projects Announces Asset Transfer to Subsidiary...
- Research articles 2000-03-17
- Chill Tech Industries, Inc. Makes Announcement On Update and Clarification On Asset Acquisition
- CARSON CITY, Nev.--BUSINESS WIRE--May 12, 1999-- The Board of Directors of Chill Tech Industries, Inc. (OTC BB: CHIL) have today voted not to pursue the acquisition of assets as detailed in a March 7th 1999 news release. Based on the fact that due diligence regarding the possible acquisition...
- Research articles 1999-05-12
- BNN Investments Ltd.: News Release
- BNN Investments Ltd. (TSX: BNB) announced that it has agreed to purchase 10.9 million Class A Limited Voting Shares of Brookfield Asset Management Inc. ("Brookfield") from Partners Ltd. ("Partners") in exchange for the issuance to Partners of 2,507,973 common shares of the company and a $72 million promissory note. ...
- Research articles 2006-06-05
- BNN Investments Ltd.: News Release.
- TORONTO, ONTARIO, Jun 5, 2006 CCNMatthews via COMTEX -- BNN Investments Ltd. (TSX:BNB) announced that it has agreed to purchase 10.9 million Class A Limited Voting Shares of Brookfield Asset Management Inc. ("Brookfield") from Partners Ltd. ("Partners") in exchange for the issuance to Partners of 2,507,973...
- Research articles 2006-06-05
- SS&C's Antares 2000 Trade Order Management System Gets Rousing Reception From Malaysian Asset Managers
- WINDSOR, Conn.--BUSINESS WIRE--Dec. 15, 1999-- SS&C Technologies' (Nasdaq:SSNC) Antares 2000TM trade order management system received an enthusiastic reception at the Kuala Lumpur's Sheraton Hotel on December 8 from an audience of 80 regional investment professionals representing over 40 of Malaysia's top pension funds, banks, corporations and mutual funds. ...
- Research articles 1999-12-16
- SS&C Technologies Third Quarter Earnings News Release and WebCast Notice
- Business/Technology Editors WINDSOR, Conn.--BUSINESS WIRE--Oct. 23, 2000 SS&C Technologies Inc. (Nasdaq: SSNC), a leading provider of software, consulting, and premium application outsourcing services to the worldwide, institutional asset management, loan management, and property management industries, will be announcing its Q3 2000 financial results after the close of financial...
- Research articles 2000-10-23
- Prudential Changes Its Name to Reflect a Broader Range of Financial Services Products and Its Expanded Global Presence
- Business Editors NOTE TO MEDIA: Logo is available in a Smart News ReleaseTM on Business Wire's Home Page at www.businesswire.com and at www.newstream.com NEWARK, N.J.--BUSINESS WIRE--May 1, 2001 The Prudential Insurance Company of America announced today a new name, Prudential Financial, reflecting the company's evolution...
- Research articles 2001-05-01
- BAM Investments Corp. and Partners Limited: News Release
- BAM Investments Corp.(formerly BNN Investments Ltd.)(TSX: BNB)announced that it has closed the previously announced purchase of 10.9 million Class A Limited Voting Shares of Brookfield Asset Management Inc. ("Brookfield ")from Partners Limited ("Partners ")in exchange for the issuance to Partners of 2,507,973 common shares of BAM Investments and a $72...
- Research articles 2006-07-21
- BAM Investments Corp. and Partners Limited: News Release.
- TORONTO, ONTARIO, Jul 21, 2006 CCNMatthews via COMTEX -- BAM Investments Corp.(formerly BNN Investments Ltd.)(TSX:BNB)announced that it has closed the previously announced purchase of 10.9 million Class A Limited Voting Shares of Brookfield Asset Management Inc. ("Brookfield ")from Partners Limited ("Partners ")in exchange for the...
- Research articles 2006-07-21
- SS&C Technologies First Quarter 2002 Earnings News Release Notice
- Business/Technology Editors WINDSOR, Conn.--BUSINESS WIRE--April 2, 2002 SS&C Technologies, Inc. (Nasdaq: SSNC), a leading provider of software, and premium application outsourcing services to the worldwide institutional asset, loan, and property management industries, hedge fund and family wealth organizations, and financial institutions, will announce its First Quarter 2002 financial...
- Research articles 2002-04-02
- Storm Exploration Inc.: News Release.
- CALGARY, ALBERTA, May 12, 2006 CCNMatthews via COMTEX -- Storm Exploration Inc. (TSX:SEO) is pleased to announce an acquisition of producing properties and undeveloped land and the issue of flow through common shares. Asset Acquisition Storm has entered into an agreement...
- Research articles 2006-05-12
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