International Business News - Assets http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif An Ohio-based charity that the U.S. government says is linked to Hamas is demanding that officials unfreeze its assets. Attorneys for Kindhearts for Charitable Humanitarian Development sued Thursday in federal court in Toledo. The charity says the government hasn't given it a chance to defend itself. http://www.ibtimes.com/articles/20081010/ohio-charity-accused-of-terrorist-ties-sues-feds.htm Fri, 10 Oct 2008 08:55:22 EDT An Ohio-based charity that the U.S. government says is linked to Hamas is demanding that officials unfreeze its assets. Attorneys for Kindhearts for Charitable Humanitarian Development sued Thursday in federal court in Toledo. The charity says the government hasn't given it a chance to defend itself. http://www.ibtimes.com/articles/20081009/ohio-charity-accused-of-terrorist-ties-sues-feds.htm Thu, 09 Oct 2008 21:08:14 EDT Asset manager Franklin Resources Inc. said its assets under management in September fell 22 percent from the same time last year as the market slumped. http://www.ibtimes.com/articles/20081009/franklin-assets-fall-22-percent-in-sept-quarter.htm Thu, 09 Oct 2008 10:27:12 EDT Gov. David Paterson is proposing that New York join a growing number of states in leasing assets to private contractors to trim costs and provide long-term, steady revenue. http://www.ibtimes.com/data/articleimgs/144496-attacks-redevelopment.jpg http://www.ibtimes.com/articles/20081003/ny-governor-looks-to-lease-state-assets.htm http://www.ibtimes.com/articles/20081003/ny-governor-looks-to-lease-state-assets.htm Fri, 03 Oct 2008 11:59:18 EDT Chevron Corp. said Monday it has agreed to sell fuels marketing business units in Western Africa to Corlay Global S.A. as part of an overall plan to reduce its marketing footprint and become more efficient. http://www.ibtimes.com/articles/20080922/chevron-sells-western-africa-marketing-businesses.htm Mon, 22 Sep 2008 12:24:46 EDT American International Group Inc., which was bailed out by an $85 billion government loan Tuesday night, not only has posted billions of dollars in losses in its financial services operations but its more traditional insurance operations are not as profitable as they were a year ago. http://www.ibtimes.com/articles/20080917/at-a-glance-aigs-operations-slumped-in-1st-half.htm Wed, 17 Sep 2008 15:36:40 EDT Two hedge funds say a U.S. federal judge has given them the go-ahead to seek to freeze more than $70 million in assets that Argentina's state bank holds in New York. http://www.ibtimes.com/articles/20080916/us-judge-okays-bid-to-freeze-argentine-assets.htm Tue, 16 Sep 2008 23:28:26 EDT Constellation Energy Partners LLC, an oil and gas company created by Baltimore-based Constellation Energy Group Inc., said Thursday that it was informed of the group's intention to sell its upstream gas assets. http://www.ibtimes.com/articles/20080828/constellation-energy-group-inc-to-sell-gas-assets.htm Thu, 28 Aug 2008 09:01:32 EDT Merrill Lynch & Co. Chief Executive John Thain said Wednesday that he expects consolidation to continue in the financial industry and said the brokerage routinely examines assets such as its stake in Bloomberg LP to see whether anything should be sold. http://www.ibtimes.com/articles/20080611/merrills-ceo-industry-consolidation-to-persist.htm Wed, 11 Jun 2008 19:16:26 EDT Investment manager AllianceBernstein Holding LP said Tuesday assets under management increased 0.7 percent in May. AllianceBernstein had about $772 billion in assets under management as of May 31, compared with $767 billion on April 30. http://www.ibtimes.com/articles/20080610/alliancebernstein-assets-rise-0-7-percent-in-may.htm Tue, 10 Jun 2008 10:41:16 EDT Wine company Constellation Brands Inc. said Tuesday it sold certain U.S. wine assets to Eight Estates Fine Wines LLC for $209 million in cash. The company said it could receive up to another $25 million if certain objectives are achieved by Eight Estates, which is also known as Ascentia Wine Estates. http://www.ibtimes.com/articles/20080610/constellation-brands-sells-wine-assets.htm Tue, 10 Jun 2008 08:45:12 EDT SEI Investments Co., an investment and asset management company, said Thursday that it has added more than $4.1 billion in new institutional assets under management and 16 new clients through April. http://www.ibtimes.com/articles/20080529/sei-adds-4-1-billion-in-assets-under-management.htm Thu, 29 May 2008 08:38:23 EDT Natural-gas company Williams Cos. on Thursday said it completed the purchase of certain interests in Colorado's Piceance Basin from SandRidge Energy and other parties for about $285 million in cash. http://www.ibtimes.com/articles/20080522/williams-acquires-assets-for-about-285-million.htm Thu, 22 May 2008 15:46:05 EDT Tech Data Corp., one of the world's largest distributors of computer products, said Monday it completed its purchase of Nordic technology distribution company Scribona Nordic AB. http://www.ibtimes.com/articles/20080519/tech-data-buys-scribona-assets-for-83-million.htm Mon, 19 May 2008 11:21:04 EDT Gold fell the most in two weeks on Tuesday as the U.S. dollar rebounded against the euro, hindering the investment demand for the precious metal. http://www.ibtimes.com/articles/20080513/gold-commodities-silver-dollar-futures-assets.htm Tue, 13 May 2008 15:25:29 EDT Swiss banking giant UBS announced Tuesday it would cut its workforce by 5,500 over the next year and sell a $15 billion chunk of its risky mortgage assets to BlackRock Inc., after reporting first-quarter losses due to the U.S. subprime crisis. http://www.ibtimes.com/data/articleimgs/44266-ubs.jpg http://www.ibtimes.com/articles/20080506/ubs-jobs-assets-earnings.htm http://www.ibtimes.com/articles/20080506/ubs-jobs-assets-earnings.htm Tue, 06 May 2008 11:39:02 EDT Merrill Lynch & Co. disclosed Tuesday that highest-risk assets on its books rose 69 percent during the quarter ending March 28. Merrill Lynch had $69.86 billion in so-called "Level 3" assets as of March 28, according to a filing with the Securities and Exchange Commission. Level 3 assets totaled $41.45 billion on Dec. 28. http://www.ibtimes.com/articles/20080506/merrill-lynch-level-3-assets-increase-through-march.htm Tue, 06 May 2008 08:20:50 EDT