Author Archives: the HedgeCo News Team
GPG considers petitioning Privy Council
IN WHAT would be a last throw of the dice, Guinness Peat Group is considering directly petitioning the Privy Council to hear its case against Perry Corporation. Representing GPG, Raynor Asher, QC, confirmed a petition might be submitted after the […]
Guinness Peat Group may petition Privy Council
In what would be the last throw of the dice, Guinness Peat Group (GPG) is considering directly petitioning the Privy Council to hear its case against Perry Corporation. Representing GPG, Raynor Asher, QC, confirmed a petition may be submitted, after […]
Guinness Peat Group may petition Privy Council
In what would be the last throw of the dice, Guinness Peat Group (GPG) is considering directly petitioning the Privy Council to hear its case against Perry Corporation. Representing GPG, Raynor Asher, QC, confirmed a petition may be submitted, after […]
Evening Standard, London, Business Briefs Column
Dec. 9–TYCO BUSINESS LANDS $4 BILLION CONTRACT WITH US AIR FORCE: A company owned by Tyco International has won a contract worth up to $4 billion (UKpound 2.3 billion) for environmental work at USAir Force bases worldwide. The work, awarded […]
NASD Suspends Banc of America Analyst
WASHINGTON (AP) – The National Association of Securities Dealers Tuesday said it reached a settlement with a former research analyst at Banc of America Securities charged with issuing research thatcontradicted his personal opinions. Andrew Hamerling was suspended from working for […]
Gold rush gathers pace
GOODBYE greenback hello gold? The US dollar’s dramatic slump continued yesterday. It fell to an 11-year low against sterling, tumbling 0.3 cents to $1.732, and 0.5 cents to a new $1.221 troughagainst the euro. Against a basket of EU currencies, […]
Goldman sounds alert on BT over competition fears
THERE is no pleasing some folk. Just a day after BT Group released details of a 1.6 billion 10- year contract to act as a local service provider for the NHS’s IT programme, comes news of a downgrading for the […]
TRADER TALK-business in brief
HEDGE fund firm Lansdowne Partners, an active trader recently in Manchester United shares, has surfaced with a 3.3% holding in Punch Taverns following its 1.2 million purchase of Pubmaster. ThePubmaster deal made Punch Britain’s biggest pubs operator with 7600 outlets. […]
Whistleblower Surprised by Cos. Actions
NEW YORK (AP) – The Wall Street executive whose tip triggered the mutual fund investigation says she stepped forward because she was worried that small investors were being hurt – but had no idea somany companies were tainted by improper […]
Maximum Dynamics, Inc. Announces Another Appointment to Its Advisory Board
COLORADO SPRINGS, CO — (MARKET WIRE) — 12/09/2003 — Maximum Dynamics, Inc. (OTC BB: MXDY), a technology solutions company that combines cutting edge technology with its back office andadministration services to provide virtually any customized service to any company, announced […]
Former Security Trust Exec Pleads Guilty
A former senior executive at Security Trust Co. pleaded guilty Tuesday to charges that she facilitated illegal mutual fund trading in a scheme that cost investors millions – the latest admission ofwrongdoing in an industrywide scandal. The plea by Nicole […]
Nightly Business Report
xfdce NIGHTLY-BUSINESS-REPO-00 Show: NIGHTLY BUSINESS REPORT> Date: December 9, 2003> Time: 18:30:00> Tran: 120900cb.118> Type: SHOW> Head: Nightly Business Report> Sect: Business> Byline: Paul Kangas, Linda O`Bryon> Guest: Daniel Henninger> Spec: Business; Economy> Time: 00:00:00> PAUL KANGAS, NIGHTLY BUSINESS REPORT […]