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Sioux Falls man accused of bilking Mike Miller in hedge fund scam

March 5, 2013 in The Daily Republic

Court documents allege that 64-year-old Randy Hansen, of Sioux Falls, was the public face of RAHFCO Hedge Funds, and 41-year-old Vincent Puma, of New Jersey, concocted phony account statements to misrepresent their trading success.
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Fund managers: 2013 stock outlook remains positive

December 28, 2012 in The Daily Republic

They expect the market to climb in 2013, although the gain is likely to be more modest than this year’s 15 percent return in the Standard & Poor’s 500 index.
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SD Retirement System not invested in gun companies

December 24, 2012 in The Daily Republic

In the wake of the Connecticut elementary school shooting, some public retirement funds around the country began considering whether to get rid of investments in gun manufacturers.
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Advice sought on investing $500M state oil fund

August 23, 2012 in The Dickinson Press

BISMARCK (AP) A state board agreed Thursday to hire a consultant for advice on how to invest a rapidly growing, $500 million North Dakota oil tax fund that was established by voters less than two years ago. Continue Reading

Investing in Africa’s future

January 11, 2012 in Worthington Daily Globe

Sibley man partners to grow pullets in Mozambique
SIBLEY, Iowa When Daryl Bosma was broached in mid-2010 about being an investor in an egg-laying operation in rural Mozambique, in southeast Africa, he eagerly joined the business venture for two reasons: It could be a source of profit and, more importantly, it could aid people in that developing Third World country to become self-sufficient. Continue Reading

Are stocks nearing a bubble?

March 7, 2011 in Grand Forks Herald

Federal Reserve Chairman Ben Bernanke fielded the usual questions about inflation, tax cuts and government debt during a trip to Congress last week. Then a new question popped up: Is the Fed creating another bubble in stock prices? Continue Reading

‘Angel’ investors help start-up businesses

January 29, 2011 in Grand Forks Herald

John Foucault looked long and hard to find “angel investors” to help take his Duluth software development company to the next level.
He needed capital to develop new products that would make Points North not just a regional player, but a national one. And getting a loan through traditional financing is unlikely for software firms whose product is intellectual, not tangible. Continue Reading

Duluth-based business announces dividend

October 20, 2010 in Duluth News Tribune

The board of directors for Allete Inc. announced today it has approved a quarterly dividend of 44 cents per share of common stock the same as investors were offered during the second quarter of the year. Continue Reading