Apollo Investment 4Q profit risesBoston Globe - NEW YORK — Apollo Investment Corp., which invests in middle-market private companies, said Tuesday its fiscal fourth-quarter profit rose on a jump in total investment income. The announcement sent Apollo shares up 92 cents, or 4.1 percent, to $23.42
India sees more foreign investment in real […]
PwC: CFOs Predict a Fair-Value HeadacheCFO.com - The switch to fair-value reporting is the biggest accounting issue for financial services CFOs this year, according to a PricewaterhouseCoopers survey. More than one quarter of finance executives predict that the new Financial Accounting Standards
PHH still mired in accounting woesPhiladelphia Daily News - PHH Corp., […]
Investment fraud scheme yields 53 felony convictionsGlenwood Springs Post Independent - Four men were convicted in Denver Tuesday on a total of 53 felony counts and acquitted on 57 others in connection with an international investment fraud scheme whose proceeds were used to buy the Redstone Castle. One of them, Norman Eugene Schmidt of […]
Sanyo Trims Losses for the Fiscal YearHampton Roads Daily Press - The accounting scandal surfaced as the Japanese electronics maker of digital cameras and batteries was undergoing a turnaround, reducing jobs and shuttering unprofitable businesses under a revival plan. The annual profit figure was slightly better
Car dealer on a rollDetroit Free Press […]
China electronics, IT sector Jan-Apr revenue up 18.1 pct yr-on yr Forbes - Fixed asset investment totaled 60.6 bln yuan in the first four months, up 32 pct year-on-year. Foreign investment in the information industry totaled 20.5 bln yuan, down 5.1 pct, as the government has taken measures to slow investment in some […]