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Private Private Asset Advisors Newsroom - Media Relations
Private Asset Advisors’ media relations office is a resource for journalists and editors who require information about portfolio management.
The media relations office also serves as a resource for members of the press who are seeking information about trends in the markets and financial advisory services. We also will assist in arranging interviews with Private Asset Advisors’ specialists, and in providing press materials and background materials.
The contact information to the left is provided for members of the media only, and the office is only able to respond to media inquiries. Other inquiries should be made to: Trevor@privateassetgroupinc.com
Stock futures little changed after China data, dealsWed, 10 Mar 2010 07:45:06 -0500NEW YORK (Reuters) - U.S. stock index futures barely budged on Wednesday after data showed Chinese exports and imports grew faster than expected and after a slew of new corporate deals. Read Full Article
GDP to slow in Q1, Fed rates on hold to Q3: pollWed, 10 Mar 2010 08:04:07 -0500NEW YORK (Reuters) - After a growth spurt at the end of 2009, the U.S. economy will slow in the months ahead, keeping the Federal Reserve from raising borrowing costs until the final three months of the year, a Reuters poll showed. Read Full Article
AIG devises new formula for employee bonuses: reportWed, 10 Mar 2010 00:56:59 -0500(Reuters) - American International Group Inc has formulated a new "forced ranking" system to determine bonuses and rate employee performance, Wall Street Journal said, citing people familiar with the matter. Read Full Article
China's Geely secures financing to buy Volvo: reportWed, 10 Mar 2010 06:29:26 -0500STOCKHOLM (Reuters) - The parent of China's Geely Automobile has secured financing to buy Ford-owned Volvo cars for about 15 billion Swedish crowns ($2.10 billion), a Swedish business daily reported on Wednesday. Read Full Article
French minister says U.S. tanker affair not closedWed, 10 Mar 2010 06:07:29 -0500PARIS (Reuters) - A top French minister on Wednesday attacked the United States' handling of an aerial tanker contract, which has seen Europe's EADS drop out of the race, and said the matter was not over yet. Read Full Article
Home loan demand nudge higher in latest weekWed, 10 Mar 2010 07:42:50 -0500NEW YORK (Reuters) - U.S. mortgage applications nudged up last week, reflecting increased demand for home purchase loans even as interest rates trekked higher, data from an industry group showed on Wednesday. Read Full Article
Insurers' Chile quake hit won't up pricesWed, 10 Mar 2010 04:43:51 -0500MUNICH/ZURICH (Reuters) - Last month's huge earthquake in Chile might cost the insurance industry up to $7 billion in damage claims, the world's top two reinsurers said, but it looks unlikely to raise reinsurance prices. Read Full Article
Strong China trade data point to rise in yuanWed, 10 Mar 2010 06:56:51 -0500BEIJING (Reuters) - Chinese exports and imports grew faster than expected in February, underlining the momentum behind the world's third-largest economy and reinforcing the case for a rise in the yuan. Read Full Article
Northern Rock shrinks losses, arrears riseWed, 10 Mar 2010 05:50:35 -0500LONDON (Reuters) - State-owned Northern Rock shrank its losses in 2009, helped by a lower bad debt charge in the second half as house prices stabilized, but arrears rose and the lender warned loan impairments would stay high in 2010. Read Full Article
China plans new trade office as global disputes grow: sourcesWed, 10 Mar 2010 03:25:29 -0500BEIJING/GENEVA (Reuters) - China is setting up a new agency to help streamline its trade negotiating bureaucracy as the world's third-largest economy faces a growing number of commercial disputes. Read Full Article