Author Archives: the HedgeCo News Team
Galvin seeks return of investors’ $3.5M
Secretary of State William Galvin demanded yesterday that Cantella & Co. Inc. return an estimated $3.5 million to investors whom Galvin said the firm failed to protect against agents sellingunregistered hedge funds. Galvin, in his ongoing crackdown on financial firms, […]
Word on Strong may come next month
Word on Strong may come next month Firm hopes to break news on its future then, Pension Board told By KATHLEEN GALLAGHER [email protected], Journal Sentinel Thursday, January 22, 2004 Strong Financial Corp.’s top executive is telling people that the firm […]
Securities and Investment Company Launches New Fund
WEST PALM BEACH, FL (HEDGECO.NET)- The Securities and Investment Company [SICO] of Bahrain announced in a recent news conference that it is launching a new fund, the Khaleej Equity fund would beinvesting in equity securities listed on the regional stock […]
Rapuno Departs Legg Mason Funds, Joins Matador Capital
WEST PALM BEACH, FL (HEDGECO.NET) – Lisa O. Rapuno has departed Legg Mason Funds Management Inc, to join Matador Capital Management Corp, according to a news release; she would be joining Matador ina capacity as a senior partner, and a […]
Standard Life Investments Announces New Appointments
WEST PALM BEACH, FL (HEDGECO.NET) – The Standard Life Investments announced that it is expanding its European Team with the appointments of Jennifer Richards to the position of Investment Directorfor its Ireland operations, while Pat Woods was appointed as Investment […]
Watchdog widens inquiry into extent of market timing
THE FINANCIAL Services Authority is set to widen its investigation of market timing to include brokers and insurance companies in a bid to establish whether the practice – which is harmful to privateinvestors – is prevalent in the UK. The […]
Bank of New York Profit More Than Triples
Bank of New York Co.’s profit more than tripled in the latest quarter, as the improving stock market and an acquisition helped results. The bank Wednesday posted fourth-quarter profit of $307 million, or 40 cents a share, up sharply from […]
Maximum Dynamics, Inc. Acquires 100% of Unilogic Solutions (Pty), Ltd.
Maximum Dynamics, Inc. Acquires 100% of Unilogic Solutions (Pty), Ltd. COLORADO SPRINGS, Colo., Jan. 21, 2004 (PRIMEZONE) — Maximum Dynamics, Inc. (OTCBB:MXDY), a technology solutions company that combines cutting edge technology with its back office and administration services to provide […]
Bank of New York Profit More Than Triples
NEW YORK (AP) – Bank of New York Co.’s profit more than tripled in the latest quarter, as the improving stock market and an acquisition helped results. The bank Wednesday posted fourth-quarter profit of $307 million, or 40 cents a […]
In Brief
MOTOROLA, the world’s second largest maker of mobile phones, has posted a higher-than-expected fourth-quarter net profit of $489 million (Pounds 270 million) but sales in the company’s core businessfell due to delays in new products with 3G features, such as […]
Regulator Files Complaint Vs. Boston Firm
BOSTON (AP) – State securities regulators have accused a Boston investment firm of failing to supervise two agents who allegedly sold unregistered hedge funds to investors that cost some their lifesavings. According to a civil complaint, James Pangione of Sterling […]
Bank of New York Profit More Than Triples
Bank of New York Co.’s profit more than tripled in the latest quarter, as the improving stock market and an acquisition helped results. The bank Wednesday posted fourth-quarter profit of $307 million, or 40 cents a share, up sharply from […]