Monthly Archives: January 2004
Tokyo Stocks Fall on Profit Taking ahead of Earnings Reports
Tokyo, Jan. 27 (Jiji Press)–Stocks erased their earlier gains to finish moderately lower on the Tokyo Stock Exchange Tuesday, as investors moved to reap profits for now amid a growing wait-and-seemood ahead of a series of earnings reports by major […]
Names in the Game
TOKYO (AP) _ Hideki Matsui gave Prime Minister Junichiro Koizumi a Yankees warmup jacket and an autographed bat after accepting the Japan Professional Sports Award. “He has the heart of a sportsman and the jacket looks pretty good on him,” […]
Nightly Business Report
xfdce NIGHTLY-BUSINESS-REPO-00 Show: NIGHTLY BUSINESS REPORT> Date: January 27, 2004> Time: 18:30:00> Tran: 012700cb.118> Type: SHOW> Head: Nightly Business Report> Sect: Business> Byline: Paul Kangas, Susie Gharib> Guest: Charles Gabriel, Lionel Barber> Spec: Business; Economy> Time: 00:00:00> PAUL KANGAS, NIGHTLY […]
West Conshohocken, Pa., Investment Managers Find Life after Morgan Stanley
Jan. 26–Most of the senior stock-pickers escorted out of Morgan Stanley’s office in what their one-time boss called a display of “corporate hard-heartedness” last October have already found work inPhiladelphia’s healthy investment sector. No fewer than five veterans of what […]
Daily News, New York, Guerrilla Investing Column
Jan. 26–Would you take flying lessons from someone who had never been in a plane? How about medical advice from someone who had never seen a patient? This may seem ridiculous, but you are now receiving advice on stocks from […]
Nasdaq to Pay $6,000 to Traders Who Lost
Nasdaq Stock Market Inc. has been ordered to pay more than $6,000 to two independent traders who complained of losses resulting from Nasdaq’s handling of erratic trading in Corinthian Colleges Inc. The New York traders were each awarded a $3,000 […]
Pittsburgh Post-Gazette Heard Off the Street Column
Jan. 26–“Every dog has his day” could be one explanation for why investors are coveting shares of traditional Rust Belt laggards. Hedge fund manager Jeffrey Gendell offers another explanation: We’re on the brink of what he believes will be the […]
MatchNet and Match.com fight for hot dates
MatchNet has swiftly built one of the largest American online dating services, but the company has always had a roving eye. While many of its rivals operate a single site and pipe in any foreignvisitors, MatchNet aims to think globally […]
Melon Financial Closes Distressed Funds to New Investors
WEST PALM BEACH, FL (HEDGECO.NET)- Melon Financial Corporation announced that it is closing its Rediscovery Funds, to new investors, however the funds would still take in new assets from currentinvestors until later in 2004.Founded in 1999, Melon HBV is part […]
Going . . . Going . . . Well
GOING . . . GOING . . . WELL, MAYBE Dick Strong says he’s going to sell his company. But he’s said that before the present crisis, and he has stayed in control. Could he walk away now from the […]
Germany to Introduce Hedge Funds Soon
WEST PALM BEACH, FL (HEDGECO.NET) – German banks and other financial institutions are making final preparations for introducing hedge funds to German investors. Hedge funds became legal this year inGermany, as the global hedge fund wind finally swept across Germany. […]
Aspect Capital to Establish Office in New York, Management Assets hit $2.7 bil
WEST PALM BEACH, FL (HEDGECO.NET) – Aspect Capital, the London based asset manager announced that assets managed by the firm grew by a whopping US$1.5billion in 2003, bringing its total managementassets to US$2.7 billion according to released statement. The company […]