Author Archives: the HedgeCo News Team
PCS Research Updates Shareholders on Successful 2003
-0- *T — 90% Increase in Data/Research Revenues Expected For 2003. — 85% Decrease in Operating Loss Expected For 2003. — Operating Income Expected to Near Break-Even in Q4 2003. — Over 75 New Institutional Client Accounts Added in 2003. […]
Maximum Dynamics Announces Strategic Partnership in Mexico
Maximum Dynamics, Inc. (OTC BB: MXDY), a technology solutions company that combines cutting edge technology with its back office and administration services to provide client side support and business process management services, announced today that it has formed a strategic […]
European shares expected to outperform UK equities
FUND managers across the continent expect European equities to outperform UK shares in the next 12 months, one of the market’s most respected studies will predict today. Mercer Investment Consulting’s annual survey of global fund managers will show that European […]
Share Tips: Broker tips Morrisons to take on big stores
Sunday Telegraph: Supermarket group Morrisons expects to complete its acquisition of Safeway by March. Broker Numis thinks the move could create a group that can challenge Asda and Sainsbury’s forthe number two slot in the UK. Morrisons should continue to […]
Guidant Lands High-Profile Physician for New Chief Medical Officer Position
Jan. 12–Nearly 2 1/2 years after Guidant Corp. decided it wanted a companywide chief medical and technology officer, it landed one with a high profile. Dr. Beverly H. Lorell moved last month into her 28th-floor office at Guidant’s headquarters in […]
Ex-director Tyco board didn’t forgive loans, OK bonuses
NEW YORK (AP) — An ex-director at Tyco International Ltd. testified that the company’s board never approved loan forgiveness and some special cash bonuses to its former top two executives. William Peter Slusser, a Tyco director from 1997 until last […]
Argentina under fire over $88bn debt
THE row between the International Monetary Fund (IMF), jilted private bondholders and the Argentine government over the country’s $88bn (Pounds 48bn, E69bn) debt restructuring is escalating. America’s assistant secretary of state, Roger Noriega, warned the Argentine government: “It is important […]
Chicago Tribune Bill Barnhart Column
Jan. 11–Normally, investment managers like to “talk their book.” They’re great at touting the investments they already own. But the cheerleading among managers of small-cap equity funds is remarkably restrained, considering the banner year the sector enjoyed in 2003. Investors, […]
Nikko Cordial and Lawson to Explore Joint Brokerage Operations
WEST PALM BEACH, Florida (HEDGECO.NET) – The President and CEO of Nikko Cordial Corp, Junichi Arimora and Takeshi Niinami, president and CEO of Lawson Inc. have agreed to explore the possibility offorming a comprehensive business alliance including a joint brokerage […]
$1.6 billion more pulled from Strong
$1.6 billion more pulled from Strong Total since Spitzer’s accusations: $4.5 billion By THOMAS CONTENT [email protected], Journal Sentinel Saturday, January 10, 2004 Mutual fund shareholders pulled $1.6 billion from Strong Capital Management Inc.’s funds in December, bringing to $4.5 billion […]
Strong buyer will have eye on fee income
Strong buyer will have eye on fee income Assets, not employees, called key lure By AVRUM D. LANK and PAUL GORES [email protected], Journal Sentinel Saturday, January 10, 2004 Suitors for Strong Financial Corp.’s mutual fund business are more interested in […]
Saturday review: Four wobbles and a frenzy: The Clinton administrations greatest asset was its chief economist, says Richard Adams: In an Uncertain World: Tough Choices from Wall Street to Washington by Robert Rubin and Jacob Weisberg 427pp, Texere, pound
For all its electoral triumphs, the Democrat presidency of Bill Clinton has remarkably little that it can claim as tangible successes. Clinton’s term began with a worthy but energy-sapping attempt toallow homosexuals into the armed forces, and then ran into […]