Author Archives: the HedgeCo News Team

About the HedgeCo News Team

The Hedge Fund News Team stays on top of breaking news in the Hedge Fund industry on an hourly basis. Signup to HedgeCo.Net to recieve Daily or Weekly news updates from our team.

Barrack Rodos & Bacine Announces the Filing of a Class Action Suit Against Strong Financial Corp. Defendants and Canary Defendants on Behalf of Purchasers of the Securities of the Strong Funds Family of Funds

<body.content> <block> <p>PHILADELPHIA, Sept. 19 /PRNewswire/ — Counsel for Class Plaintiffs, Barrack, Rodos &amp; Bacine, today issued the following:</p> <p>Aclass action has been commenced in the United States District Court for the District of New Jersey on behalf of purchasers […]

Barrack Rodos & Bacine Announces the Filing of a Class Action Suit Against Strong Financial Corp. Defendants and Canary Defendants on Behalf of Purchasers of the Securities of the Strong Funds Family of Funds

<body.content> <block> <p>PHILADELPHIA, Sept. 19 /PRNewswire/ — Counsel for Class Plaintiffs, Barrack, Rodos &amp; Bacine, today issued the following:</p> <p>Aclass action has been commenced in the United States District Court for the District of New Jersey on behalf of purchasers […]

Tokyo Stocks Seen to Retain Strength Next Week

Tokyo, Sept. 19 (Jiji Press)–Tokyo stocks are expected to retain their strength next week amid growing optimism about Japan’s economic fundamentals and corporate earnings. “The market’s uptrend will remain unchanged while there is the possibility that profit taking will gain […]

Tokyo Stocks Seen to Retain Strength Next Week

Tokyo, Sept. 19 (Jiji Press)–Tokyo stocks are expected to retain their strength next week amid growing optimism about Japan’s economic fundamentals and corporate earnings. “The market’s uptrend will remain unchanged while there is the possibility that profit taking will gain […]

Tokyo Stocks Stretch Gains in Morning

Tokyo, Sept. 19 (Jiji Press)–Stocks stretched gains on the Tokyo Stock Exchange Friday morning, supported by continued active buying of such issues as banks amid an ongoing global fund inflow intothe Japanese market. “Abundant funds flowing into Japan have nowhere […]

Tokyo Stocks Stretch Gains in Morning

Tokyo, Sept. 19 (Jiji Press)–Stocks stretched gains on the Tokyo Stock Exchange Friday morning, supported by continued active buying of such issues as banks amid an ongoing global fund inflow intothe Japanese market. “Abundant funds flowing into Japan have nowhere […]

Asahi Glass Sold on TSE on Rumor, Nippon Electric Glass Up

Tokyo, Sept. 19 (Jiji Press)–Asahi Glass Co. shares met with selling on the Tokyo Stock Exchange Friday morning on a rumor that a defect has been found in the company’s production line for glasssubstrates for liquid crystal displays. At its […]

Asahi Glass Sold on TSE on Rumor, Nippon Electric Glass Up

Tokyo, Sept. 19 (Jiji Press)–Asahi Glass Co. shares met with selling on the Tokyo Stock Exchange Friday morning on a rumor that a defect has been found in the company’s production line for glasssubstrates for liquid crystal displays. At its […]

Greenwich, Conn., Business Provides Personalized Items for Large Corporations

Sep. 18–Hidden on the top floor of a historic Greenwich office building, a business owned by two brothers is making friends with some of the largest corporations in the nation. Listed on the National Historical Register, The Maher Building at […]

Bear Stearns Reports Third Quarter 2003 Earnings of $2.30 Per Share, Up 87.0% from Third Quarter 2002

NEW YORK–(BUSINESS WIRE)–Sept. 18, 2003– <pre><br> Net Income up 90.6% to $313.4 Million, Nearly Doubling from $164.4<br> Million in Third Quarter 2002<br><br>Pre-Tax Profit Margin Hits 32.5%<br><br> Quarterly ROE 21.3% : Trailing 12-Month ROE 19.0%<br></pre> The Bear Stearns Companies Inc. (NYSE:BSC) […]

Spitzer targets broker Criminal charges in mutual fund case

A former broker at Bank of America has been charged with larceny and securities fraud, accused of helping a hedge fund engage in after-hours trading of mutual fund shares. The broker, Theodore Sihpol3rd, is the first to face criminal charges […]

Bear Stearns Reports Third Quarter 2003 Earnings of $2.30 Per Share, Up 87.0% from Third Quarter 2002

NEW YORK–(BUSINESS WIRE)–Sept. 18, 2003– <pre><br> Net Income up 90.6% to $313.4 Million, Nearly Doubling from $164.4<br> Million in Third Quarter 2002<br><br>Pre-Tax Profit Margin Hits 32.5%<br><br> Quarterly ROE 21.3% : Trailing 12-Month ROE 19.0%<br></pre> The Bear Stearns Companies Inc. (NYSE:BSC) […]