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Asset Management News

GMAC’s Chief Said to Get $9 Million in Stock, No Cash (Update1)Thursday, March 11, 2010 @ 5:56PMMarch 11 (Bloomberg) -- Michael Carpenter , GMAC Inc.’s chief executive officer, will get a 2010 pay package of about $9 million entirely in stock, and some or all won’t vest until later years, according to a person with direct knowledge of the matter.

Mt. Corner Store in lawsuit limboThursday, March 11, 2010 @ 5:41PMThe lights are on and the shelves are stocked, but those who have tried to buy gas or snacks at Mt. Corner Store on Del Puerto Avenue and First Street have found themselves out of luck. The station has been closed for two months, and its owners have vanished.

TBank acquiring B32bn SCIB stakeThursday, March 11, 2010 @ 5:40PMThanachart Bank will pay 32 billion baht to take a 47.58% stake in Siam City Bank, according to Tongurai Limpiti, manager of the central bank's Financial Institutions Development Fund.

General warns against turning over forests to foreign investorsThursday, March 11, 2010 @ 5:28PMIn mid-February, retired Lieutenant General Dong Sy Nguyen expressed concern over the long-term leasing of watershed forests to foreigners in certain provinces to a VietNamNet reporter.

Red Cross holds disaster trainingTuesday, March 9, 2010 @ 1:27PMThe Mid-Missouri chapter of the Red Cross held disaster shelter training at the Randolph County Health Department last week, which several area groups attended.

General Growth Investors Add $3.93 Billion to PlanTuesday, March 9, 2010 @ 1:25PMMarch 9 (Bloomberg) -- General Growth Properties Inc. said its biggest debt and equity holders offered to jointly invest $3.93 billion in the company, bolstering a plan with Brookfield Asset Managemen...

DGAP-News: Altira announces conference call on preliminary results 2009Tuesday, March 9, 2010 @ 1:24PMDissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement.

U.S. stocks get Cisco, AIG lift; telecoms in leadTuesday, March 9, 2010 @ 1:21PMU.S. stocks rise, with the telecommunications sector higher after the roll out of Cisco Systems' new high-speed Internet router.

Neiman Marcus, Inc. Reports Second Quarter EarningsTuesday, March 9, 2010 @ 1:20PMNeiman Marcus, Inc. today reported financial results for the second quarter of fiscal year 2010. For the 13 weeks ended January 30, 2010, the Company reported total revenues of $1.10 billion compare...