Author Archives: the HedgeCo News Team

Sep. 24–MADISON, Wis.–The board that oversees Wisconsin’s college savings programs on Tuesday rejected state Treasurer Jack Voight’s proposal for an independent audit related to allegations StrongCapital Management Inc. allowed improper trades in some of its funds. Strong was one of […]

xfdce NIGHTLY-BUSINESS-REPO-00 Show: NIGHTLY BUSINESS REPORT> Date: September 24, 2003> Time: 18:30:00> Tran: 092400cb.118> Type: SHOW> Head: Nightly Business Report> Sect: Business> Byline: Paul Kangas, Susie Gharib> Guest: Alan Hevesi, John Waggoner> Spec: Business; Economy> Time: 00:00:00> PAUL KANGAS, NIGHTLY […]

NEW YORK–(BUSINESS WIRE)–Sept. 24, 2003–SunGard (NYSE:SDS) today announced that SunGard Institutional Brokerage Inc. is now a full Member of S.W.I.F.T., the industry-owned cooperative supplyingsecure, standardized messaging services to 7,500 financial institutions in 200 countries. At the same time, SunGard is […]

Rabin, Murray & Frank LLP Commences Class Action Suit in the District of Colorado Against Janus Capital Group Inc. and Canary on Behalf of Purchasers of Certain Janus Family Funds — JAGLX,JGVAX, JAOSX, JAWWX NEW YORK , Sept. 24, 2003 […]

<body.content> <block> <p>New York, Sept. 24 /PRNewswire-FirstCall/ — The BISYS Group, Inc. , a leading provider of business process outsourcing solutions for the financialservices sector, today announced that James L. Fox, President of BISYS Fund Services, will become the Company’s […]

<body.content> <block> <p>NEW YORK, Sept. 24 /PRNewswire-FirstCall/ — The BISYS Group, Inc. , a leading provider of business process outsourcing solutions for the financialservices sector, today updated its earnings guidance for its current September quarter and its fiscal year ending […]

State board rejects proposal for public audit of Strong By KATHLEEN GALLAGHER AND KEVIN MURPHY [email protected] Wednesday, September 24, 2003 Madison — The board that oversees Wisconsin’s college savings programs on Tuesday rejected state Treasurer Jack Voight’s proposal for an […]

Sep. 24–Once again, the rich get richer. Harvard’s $19.3 billion endowment, the largest in the country, yesterday reported that its investments grew by 12.5 percent in the year ended June 30, a performance that ranks among the best in the […]

Genzyme buys into Brit firm Genzyme intends to invest $37.7 million in a British company as part of an alliance to develop treatments for such diseases as scleroderma and rheumatic diseases. Under the agreement with Cambridge Antibody Technology Group, Genzyme […]

NEW YORK (AP) — The dollar posted gains against the yen and major European currencies Tuesday, but only after rebounding from fresh lows earlier in the session. The dollar had fallen to a new three-year bottom against the yen and […]

<body.content> <block> <p>NEW YORK, Sept. 23 /PRNewswire/ — . OrbiMed Advisors LLC, an investment management firm focused solely on healthcare investing, today announced theclosing of Caduceus Private Investments II, LP and its parallel funds, which comprise a $300 million venture […]

Independent public audit of Strong sought State treasurer to ask board to act By KATHLEEN GALLAGHER [email protected], Journal Sentinel Tuesday, September 23, 2003 Saying it isn’t enough for Strong Capital Management Inc. to conduct its own internal investigation into accusations […]