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Investment Service

A collection of news and information related to Investment Service published by this site and its partners.

Top Investment Service Articles

Displaying items 100-110
  • 2 new bids entered for port operating rights

    NORFOLK — Two privately owned firms with substantial financial backing submitted proposals Monday morning to compete for the operating rights of the cargo terminals owned by the Virginia Port Authority. Washington, D.C.-based private equity firm...
  • BASD debt load could be diminished

    The Bethlehem Area School District's debt load could lessen, but the future of the district's finances remains murky because of a risky financing package. Longtime district business manager Stanley J. Majewski Jr., who is retiring, told the school board'...
  • BASD's defense of swap deals falls short

    Bethlehem Area School District administrators have staunchly defended the district's use of variable rate bonds and complex derivatives in its borrowing plan, saying it saved taxpayers $6.3 million. But a report prepared by Stanley J. Majewski Jr., the...
  • Bethlehem Area settles on 5.1% hike

    Taxes will increase by 5.1 percent for Bethlehem Area School District property owners in the coming school year, after the school board rejected a 6.3 percent hike Monday night. The board voted 5-4 to fund the $179.8 million budget with the lower...
  • Boscola asking for state probe of 'swap' deals

    State Sen. Lisa Boscola is asking the Pennsylvania auditor general to investigate the Bethlehem Area School District's derivative "swap" deals, which have cost taxpayers more than $57 million. Boscola, D-Northampton, is calling on Auditor General Jack...
  • Others up ante as Md. slots idle

    Others up ante as Md. slots idle
    Even as slot-machine projects in Maryland stall, other states are betting big on expanded gambling. In West Virginia, Charles Town Races and Slots just 75 miles west of Baltimore plans to offer poker, roulette and other table games as early as the summer...
  • Report: 'End all swaps,' then ban them

    Report: 'End all swaps,' then ban them
    The Bethlehem Area School District's use of risky derivatives, combined with a financial adviser who had a stake in making the deals and investment banks that made "huge hidden profits" once the deals were sealed, cost district taxpayers at least $10.2...
  • Investor sues MICG, CEO for $1.45M

    A Newport News investor has filed a $1.45 million lawsuit against financial services firm MICG Investment Management, its CEO and the firm that provided MICG's audits and accounting services. The investor, Shirley Hatten of Newport News, contends in...
  • Venture dollars needed on Space Coast

    For companies like XCOR Aerospace, crucial venture-capital dollars can be hard to come by. In recent decades, there has not been a strong tradition of venture-capital investment in the aerospace sector. Combine that with Florida's generally lackluster...
  • Grand dream loses sheen in glare of daylight

    Grand dream loses sheen in glare of daylight
    Larry Eisenberg had a vision. "Amazing," he called it. "Spectacular." The Los Angeles Community College District would become a paragon of clean energy. By generating solar, wind and geothermal power, the district would supply all its electricity needs....
  • PIMCO to build in Newport Center

    After looking at properties throughout Orange County, financial services giant PIMCO has agreed in principle to stay in Newport Beach and build its new corporate headquarters in Newport Center, according to a Sunday announcement by the Irvine Co. The...