Author Archives: the HedgeCo News Team
Maximum Dynamics, Inc. Expands Its Presence
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 expanded its presence […]
Dollar shrugs off data, hits new lows
NEW YORK (AP) — The dollar weakened against its major rivals Tuesday — sharply so against the British pound — after shrugging off another round of mildly positive U.S. economic data to once againhit new lows. The relentless dollar selling […]
Cogency Software Secures $7.5 Million in Funding To Expand Leadership in Financial Services Marketplace
SAN MATEO, Calif.–(BUSINESS WIRE)–Dec. 16, 2003– Unprecedented Growth and Success in Financial Services Leads to Over-Subscribed Funding Cogency Software, Inc. the leading provider of enterprise risk and performance management applications for financial services, today announced a $7.5M round of funding. […]
The Bear Stearns Companies Inc. to Redeem Adjustable Rate Cumulative Preferred Stock, Series A
NEW YORK–(BUSINESS WIRE)–Dec. 15, 2003–The Bear Stearns Companies Inc. (NYSE:BSC), today announced that it has called for redemption all of its outstanding Adjustable Rate Cumulative PreferredStock, Series A (NYSE: BSC PrA, CUSIP No. 073902207) (the “Series A Preferred Stock”), for […]
James Cable Announces Completion of Restructuring
NEW YORK–(BUSINESS WIRE)–Dec. 15, 2003–James Cable, LLC announced today the completion of its reorganization plan under which GoldenTree Asset Management has become the Company’s largest equityholder, holding approximately 72% of the outstanding equity. James Cable Partners, L.P. and its wholly […]
UNX Connects to NASDAQ CAES For Liquid and Anonymous Trading in Listed Stocks
NEW YORK–(BUSINESS WIRE)–Dec. 15, 2003–UNX, Inc., the market structure experts, announced today that it has connected to CAES(SM), the NASDAQ(R) Computer Assisted Execution System(SM). Using UNX’sproprietary smart order routing algorithms to access CAES offers buy-side institutional investors and hedge funds […]
Morningstar Column
Dec. 15–Investors should consider selling their holdings in Invesco Funds. The securities and consumer fraud charges recently filed against the firm and its chief executive officer by state and federal authorities are more demerits for a fund family that has […]
The Bear Stearns Companies Inc. to Redeem Adjustable Rate Cumulative Preferred Stock, Series A
NEW YORK–(BUSINESS WIRE)–Dec. 15, 2003–The Bear Stearns Companies Inc. (NYSE:BSC), today announced that it has called for redemption all of its outstanding Adjustable Rate Cumulative PreferredStock, Series A (NYSE: BSC PrA, CUSIP No. 073902207) (the “Series A Preferred Stock”), for […]
The Bear Stearns Companies Inc. to Redeem Adjustable Rate Cumulative Preferred Stock, Series A
NEW YORK–(BUSINESS WIRE)–Dec. 15, 2003–The Bear Stearns Companies Inc. (NYSE:BSC), today announced that it has called for redemption all of its outstanding Adjustable Rate Cumulative PreferredStock, Series A (NYSE: BSC PrA, CUSIP No. 073902207) (the “Series A Preferred Stock”), for […]
The Bear Stearns Companies Inc. Declares Preferred Stock Cash Dividend
NEW YORK–(BUSINESS WIRE)–Dec. 15, 2003–The Board of Directors of The Bear Stearns Companies Inc. declared a quarterly cash dividend of 68.75 cents per share on the outstanding shares of AdjustableRate Cumulative Preferred Stock, Series A, payable January 15, 2004 to […]
The Bear Stearns Companies Inc. Declares Preferred Stock Cash Dividend
NEW YORK–(BUSINESS WIRE)–Dec. 15, 2003–The Board of Directors of The Bear Stearns Companies Inc. declared a quarterly cash dividend of 68.75 cents per share on the outstanding shares of AdjustableRate Cumulative Preferred Stock, Series A, payable January 15, 2004 to […]
Gas-price surge in U.S. brings calls for inquiry
Natural gas prices in the United States have surged nearly 50 percent in the past two weeks despite an apparent lack of events that normally create such spikes, like tight supplies or forecasts ofunusually cold weather. The frenzied climb in […]