Author Archives: the HedgeCo News Team
Bank One’s mutual-funds chief quits amid internal probe, Bear
CHICAGO (AP) — The head of the mutual fund unit at Bank One Corp. has resigned as part of several management changes made following allegations that the company allowed improper trading, the banksaid Wednesday. Bank One chairman and CEO Jamie […]
PART 1 OF 2, BlackRock, Inc. Reports 19% Increase in Assets Under Management to $293.5 Billion; Third Quarter Diluted E.P.S. Rises 20% to $0.61 Per Share Including Impact of FIN 46
NEW YORK–(BUSINESS WIRE)–Oct. 15, 2003–BlackRock, Inc. (NYSE: BLK) today reported consolidated net income of $40.1 million for the third quarter and $114.1 million for the nine months endedSeptember 30, 2003, a 21% increase compared with $33.2 million earned in the […]
Bank One Exec Quits Amid Internal Probe
The head of the mutual fund unit at Bank One Corp. has resigned as part of several management changes made following allegations the company allowed improper trading, the bank said Wednesday. Bank One chairman and CEO Jamie Dimon announced the […]
Nightly Business Report
xfdce NIGHTLY-BUSINESS-REPO-00 Show: NIGHTLY BUSINESS REPORT> Date: October 15, 2003> Time: 18:30:00> Tran: 101500cb.118> Type: SHOW> Head: Nightly Business Report> Sect: Business> Byline: Susie Gharib, Jeff Yastine> Guest: Kathy Kristof> Spec: Business; Economy> Time: 00:00:00> SUSIE GHARIB, NIGHTLY BUSINESS REPORT […]
Bank of America’s Earnings Up 30 Percent
Bank of America Corp. said Tuesday that its profits rose more than 30 percent in the third quarter, driven by across-the-board gains in the bank’s major businesses. Net income totaled $2.92 billion, or $1.92 per share, in the July-September period, […]
Wisconsin Firm Ademi & O’Reilly, LLP Announces the Filing of a Class Action Suit in the United States District Court for the Eastern District of Wisconsin Against Strong Financial Corporation Defendants and Canary on Behalf of Purchasers of the Securi
Wisconsin Firm Ademi & O’Reilly, LLP Announces the Filing of a Class Action Suit in the United States District Court for the Eastern District of Wisconsin Against Strong Financial CorporationDefendants and Canary on Behalf of Purchasers of the Securities of […]
Imagine Software’s ASP – Derivatives.Com – to Offer Credit Default Swaps With The Availability of It’s 5.2 Release
<body.content> <block> <p>NEW YORK, Oct. 14 /PRNewswire/ — Imagine Software, Inc. a world leader in multi-asset real-time trading analysis and risk management solutions announcednew enhancements that provide full support for Credit Default Swaps (CDS). These new enhancements further round out […]
Focus Ventures Hosting Forum to Address Growth Opportunities in China; Shanghai Summit to Gather Leading Technology and Economic Thought Leaders
PALO ALTO, Calif. & SHANGHAI, China–(BUSINESS WIRE)–Oct. 14, 2003–Leading expansion stage venture capital firm, Focus Ventures, today announced its 2003 Asian Forum being held at the GrandHyatt Hotel from October 13-15 in Pudong, Shanghai jointly with The Mingly Corporation Limited […]
Barclays Global is star of awards
SEVERAL hundred fund managers lunched at Guildhall today to mark the second annual Awards for Excellence in Institutional Asset Management run by Financial News. Overall winner by some way was Barclays Global Investors, which has moved from purely passive into […]
Van Global Hedge Fund Index Climbs 0.8% Net in September; Hedge Funds Extend Winning Streak to Seven Months
NASHVILLE, Tenn.–(BUSINESS WIRE)–Oct. 14, 2003–Van Hedge Fund Advisors International, Inc. (VAN) announced today that the Van Global Hedge Fund Index rose 0.8% net in September. The Index’s returnrepresents the average September performance, net of fees, of over 800 hedge funds […]
SS&C Technologies, Inc. Announces Agreement to Acquire Fund Administration Business of Amicorp Fund Services Limited
WINDSOR, Conn.–(BUSINESS WIRE)–Oct. 14, 2003–SS&C Technologies, Inc. (Nasdaq: SSNC) today announced that it has entered into a non-binding agreement to acquire the fund administration businessof Amicorp Fund Services N.V. (AFS), a wholly owned subsidiary of Amicorp Holding Ltd. AFS’ fund […]
Group of 11 Global Dealers Launches New U.S. Investment Grade Credit Default Swap Index
<body.content> <block> <p>NEW YORK, Oct. 14 /PRNewswire-FirstCall/ — Meeting investor demand for greater liquidity, transparency and broader acceptance in a highly diversifiedcredit product, a consortium of eleven leading global dealers today announced the launch of “iBoxx CDX.NA.IG”, a 125-name tradable […]