Author Archives: the HedgeCo News Team
Market forces: US mergers unsettle Vodafone
A weak opening on Wall Street, triggered by chip maker Intel’s forecast of a drop in first-quarter sales and poor performance from index heavyweight Vodafone , saw the blue chip index close loweryesterday. The FTSE 100 finished 5.3 points lower […]
Market forces: US mergers unsettle Vodafone
A weak opening on Wall Street, triggered by chip maker Intel’s forecast of a drop in first-quarter sales and poor performance from index heavyweight Vodafone , saw the blue chip index close loweryesterday. The FTSE 100 finished 5.3 points lower […]
Weak dollar squeezes small U.S. importers
Larry Lazin checks his computer regularly to see how the dollar is doing on the currency exchanges of London, New York and Tokyo. Every week, he calls his currency trader in California from hisoffice in a New York suburb to […]
Weak dollar squeezes small U.S. importers
Larry Lazin checks his computer regularly to see how the dollar is doing on the currency exchanges of London, New York and Tokyo. Every week, he calls his currency trader in California from hisoffice in a New York suburb to […]
Gemini Investments Strategies Launches New Hedge funds
WEST PALM BEACH, FL (HEDGECO.NET) – The New Jersey based Gemini Investment Strategies has unveiled new hedge funds; according to a new statement released by the firm. The new fund, utilizingconvertible arbitrage strategy requires a minimum investment of $1million. Speaking […]
SEC Turns its Attention to Mutual Fund Brokerage Scandals
WEST PALM BEACH, Fl (HEDGECO.NET) – Just when investors think the mutual fund scandals are behind them, a new phase of investigations is initiated. This time the US Securities and Exchange Commission[SEC] is directing its full attention on mutual fund […]
Maximum Dynamics Announces Another Strategic Partnership in Mexico
COLORADO SPRINGS, Colo., Jan. 15, 2004 (PRIMEZONE) — Maximum Dynamics, Inc. (OTCBB:MXDY), a technology solutions company that combines cutting edge technology with its back office and administrationservices to provide client-side support and business process management services, announced today that it […]
Hedge Fund Manager Devotes Part of its Fees to Charity
WEST PALM BEACH, FL (HEDGECO.NET) – Christopher Hohn has created the first hedge fund devoting some portion of its fees for charitable organization. Hohn was a former fund manager at Perry Capital,where he spent about seven years; he is regarded […]
BUSINESS in Brief
Transkaryotic sharestumble Transkaryotic Therapy Inc. shares dropped 23.52 percent yesterday, to $13.04, on news that it would abandon efforts to seek U.S. approval of its Fabry disease treatment, Replagal. The Cambridge company would have had to prove that its treatment […]
21st Century’s Investment Bankers Place $250,000 as Part of $2.5 Million Private Placement
21st Century’s Investment Bankers Place $250,000 as Part of $2.5 Million Private Placement Compass Capital Continues to Meet Commitments LAS VEGAS, Jan. 14, 2004 (PRIMEZONE) — Compass Capital Group, a New York-based private investment firm, has placed $250,000 as part […]
ABN AMRO breaks off brokerage business
AMSTERDAM/LONDON: The Netherlands”biggest bank ABN AMRO said yesterday it had signed an agreement to sell its professional brokerage business in the US to Merrill Lynch for an undisclosed amount. ABN AMRO said on December 31 it was in talks to […]
SEC Turns its Attention to Mutual Fund Brokerage Scandals
WEST PALM BEACH, FL (HEGECO.NET) – Just when investors think the mutual fund scandals are behind them, a new phase of investigations is initiated. This time the US Securities and Exchange Commission[SEC] is directing its full attention on mutual fund […]