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UAE`s Septech renews partnership with Bellingham Marine
Dubai-based Septech, one of the region's most dynamic and innovative water infrastructure and engineering specialists, has renewed its existing partnership agreement with Bellingham Marine (BM), one of the world's largest and most experienced marina builders.
AME Info

Taylor Wimpey woes hammer shares
Shares in housebuilder Taylor Wimpey more than halve in value after it fails to secure extra funding and cuts jobs.
BBC

Shares tipster puts his mouth on the line
The six months since the launch of The SF t1ps Smaller Companies Fund have been hard months for small caps but the fund's initial performance has been encouraging. While its benchmark, the Hoare Govett small cap index, has fallen by 5%, the fund is off by just 1.3%.
moneyextra.com

Colonial and Trinity find buyers
COLONIAL First State's $1 billion Private Property Syndicate and fund manger Trinity have sold $147 million worth of retail and office properties to private investors in three separate sales.
The Australian

One Investor Who Bucked The Market
The predominant philosophy of investing is to hold stocks for the long term. But eight months ago, Paul Krsek bucked the trend, cashing in every last share held by his asset management company. To his investors' delight, they held on to their money as others' funds dwindled.
NPR

Five top balanced and growth-income funds to consider now
Steven McKee, editor of the No-Load Mutual Fund Selections & Timing newsletter, says that in times when the market gets nervous, the top-performing mutual funds tend to come from the more vanilla parts of the fund world.
MarketWatch.com

Beware of Stocks Under $10
A story today from BW colleague Karyn McCormack makes an interesting observation: There are a lot of brand name stocks trading below $10 these days. If your share price is under $10, that makes you a second-class stock in many investors' eyes. It seems like an arbitrary distinction, but stocks under $10 are assumed to be risky and lower quality. Hedge funds and investing methodologies often have a blanket rule, forbidding the buying of any stocks priced that cheap.However, a list of stocks in the under $10 bargain bin now include Ford (F), Motorola (MOT), Sprint Nextel (S), Washington Mutual (WM) and several airlines. General Motors (GM) could be joining them soon. The article is worth a read here, and a slideshow of the stocks is here.
Businessweek.com

Fugitive hedge-fund swindler surrenders in Mass.
NEW YORK _ A hedge fund swindler who set off a national manhunt when he faked his suicide to avoid reporting to prison surrendered Wednesday to Massachusetts police after three weeks in which authorities suspected he was hiding out in RV parks and highway...
San Francisco Chronicle

States face low unemployment insurance funds
States face dwindling unemployment insurance funds
AZ Central

Is Currency ETF Trading For You?
Over the past couple of years Commodity ETFs (exchange traded funds) have literally become a money game. It wasn't very long ago that commodity ETFs were made up only of things that could be derived naturally from the planet. This included energy, metals, and agriculture. A few years ago currency ETFs made their appearance in the commodities market.
ezinearticles.com

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