Author Archives: the HedgeCo News Team

Oct. 6–On Friday morning, I found myself sitting in a classroom listening to a lecture entitled “Do CEOs Have Too Much Power in American Corporations?” The professor started with compensation, pointing out that incentive based pay had gone from 3 […]

Merrill Lynch has fired three senior brokers for conducting inappropriate mutual fund trades with a hedge fund at the center of a state and federal investigation into trading abuses, according to anexecutive briefed on the matter. In addition, Fred Alger […]

Merrill Lynch has fired three senior brokers for conducting inappropriate mutual fund trades with a hedge fund at the center of a state and federal investigation, said an executive briefed on thematter.

WINDSOR, Conn.–(BUSINESS WIRE)–Oct. 6, 2003–SS&C Technologies, Inc. (Nasdaq: SSNC), a global provider of investment and financial management software and application outsourcing services willannounce its 3rd Quarter 2003 financial results after the close of the market on Thursday, October 16, 2003. […]

<body.content> <block> <p>NEW YORK, Oct. 6 /PRNewswire/ — BISYS, a leading provider of business process outsourcing solutions for the financial services sector, and Open SolutionsInc., a provider of integrated enabling technologies for community banks and credit unions, today announced that […]

xfdws HKMA-INTERVENTION sked Emerging Markets Datafile October 06, 2003 HONG KONG IMAIL HONG KONG ENGLISH HKMA intervention `freezing arbitrage’, HONG KONG IMAIL Cathy Holcombe ASIA WorldSources, Inc. 322 MASSACHUSETTS AVENUE 2ND FLOOR, NE WASHINGTON, DC 20002 COPYRIGHT 2003 BY WORLDSOURCES, […]

BOSTON–(BUSINESS WIRE)–Oct. 6, 2003–TA Associates, a leading private equity and buyout firm, today announced that it has purchased a substantial minority interest in GlobeOp Financial Services(GFS). The $82 million investment involved the purchase of shares from the Company and existing […]

MONTREAL–(BUSINESS WIRE)–Oct. 6, 2003–C-Chip Technologies Corporation (OTCBB: CCHI) is pleased to announce that it has closed a tranche of approximately $900,000 in equity financing from a groupof investors, including a hedge fund focusing on emerging growth companies. C-Chip’s equity financing […]

Oct. 6–The market is trading on tenterhooks. A little bit of bad news, and the Dow is down 100 points; a little bit of good news, and it’s up 200. It’s enough to make investors dizzy. The next three weeks […]

Oct. 6–INDIA STOCKS LIKELY TO RISE FURTHER: NRI punters could be looking forward to a profitable week ahead with analysts projecting a third straight week of rise in Indian share prices. Incomingfunds and good crops, are among the factors that […]

ITV merger twins Carlton Communications and Granada enjoyed some big gains, with Trade and Industry Secretary Patricia Hewitt expected to give her blessing to the 4 billion deal this week. Granada led the top 100 companies higher with a rise […]

CITY firms are more confident than at any time for the past four years thanks to the stock market recovery and improved economic outlook, a survey showed today, writes Jane Padgham. The poll of financial services firms by the CBI […]