Author Archives: the HedgeCo News Team
French regulators ask Eurotunnel to explain
FRENCH regulators today demanded that Eurotunnel clarify its financial situation amid massive short-selling of the shares and rumours circulating in Paris that the company will be forced to convene aspecial general meeting. However, the Anglo-French Channel Tunnel operator refused to […]
Judge Grants Class Against Tyson Foods
DES MOINES, Iowa (AP) – A group of investors this week gained class-action status for a suit against Tyson Foods Inc. alleging securities fraud in its acquisition of beef-packing giant IBP Inc. twoyears ago. The lawsuit was brought by several […]
Maximum Dynamics, Inc. Builds Sales and Support Infrastructure
Maximum Dynamics, Inc. (OTC BB: MXDY), a financial services company that supports the financial community with back office fund administration and client side support, announced today that it has begun building out its sales and support infrastructure. “With our subsidiary, […]
Headhunter, not Cahill, will find pension chief
A professional “headhunter” will be handed the task of finding a new chief for the state’s pension fund, its overseers decided yesterday, firmly shutting the door on state Treasurer Tim Cahill makingthe pick himself. Cahill’s candidate for the job withdrew […]
Business In Brief
BRA permitting research center The Boston Redevelopment Authority yesterday approved the Blackfan Research Center, a 575,000-square-foot biomedical building planned for the Longwood Medical Area. The $120 million project is being built by Lyme Properties. It is expected to generate 400 […]
Scramble for ManU as bid rumours fly
SHARES in Manchester United raced ahead a further 123/4p to 2473/ 4p as punters scrambled to get aboard on hopes that American football tycoon Malcolm Glazer will launch a bid, writes Justin Harper. He was in the market again and […]
A lucky let-off for ITV duo
BROADCASTING has moved a long way since the late Lord Thomson of Fleet remarked more than 40 years ago that a stake in commercial TV is the ‘equivalent of having a licence to print money’. Granada boss Charles Allen and […]
Granada and Carlton pick up more positive signals ; Market Report
FURTHER heavy turnover was recorded in ITV merger twins Granada and Carlton Communications today as a clutch of City brokers gave the thumbs-up to the Government’s decision to allow the 4 billiondeal to proceed. Granada rose 23/4p to 115p as […]
Investment banks’ big gamble ; City Comment
IF investment banks can no longer give us free research to get our business they will find some other way to make money out of us, a fund manager remarked when asked what might be the impact of a banon […]
Class Action Suit Commenced In The Southern District Of New York Against Strong Financial Corporation Defendants And Canary On Behalf Of Purchasers Of Certain Strong Funds By Rabin, Murray & Frank LLP — SCBDX, SCORX, SHBAX, SGVDX.
Class Action Suit Commenced In The Southern District Of New York Against Strong Financial Corporation Defendants And Canary On Behalf Of Purchasers Of Certain Strong Funds By Rabin, Murray &Frank LLP — SCBDX, SCORX, SHBAX, SGVDX. NEW YORK, Oct. 8, […]
Shareholder Class Action Filed Against Alliance Capital Management Defendants and Canary on Behalf of Purchasers of The Certain AllianceBernstein Family Funds by Rabin, Murray & Frank LLP — AGRFX, ASBAX, ABASX, APGAX
Shareholder Class Action Filed Against Alliance Capital Management Defendants and Canary on Behalf of Purchasers of The Certain AllianceBernstein Family Funds by Rabin, Murray & Frank LLP –AGRFX, ASBAX, ABASX, APGAX NEW YORK, Oct. 8, 2003 (PRIMEZONE) — A class […]
Wolf Popper Files Securities Class Action for Improper Trading Practices at Alliance Capital Mutual Funds
NEW YORK , Oct. 8, 2003 (PRIMEZONE) — Wolf Popper LLP has filed a class action securities lawsuit in the United States District Court for the Southern District of New York, Case No. 03-Civ-7955,charging improper trading practices at mutual fund […]