Author Archives: the HedgeCo News Team

CAMBRIDGE, Mass.–(BUSINESS WIRE)–Sept. 11, 2003–Artisoft(R), Inc. (NASDAQ: ASFTC), developer of the first software-based phone system, today announced the closing of its financing previouslyannounced on June 30, 2003. In the financing, Artisoft sold an aggregate of 2,627,002 shares of its Series […]

Tokyo, Sept. 11 (Jiji Press)–Stocks tumbled on the Tokyo Stock Exchange Thursday as a broad range of issues were clobbered by sales triggered by U.S. stocks’ fall overnight. “A sharp fall of the Nasdaq composite index provided a good opportunity […]

Shareholders were given further reason not to back Royal & SunAlliance ‘ s pounds 960m rights issue yesterday after Standard & Poor’s said it had cut the credit rating of the troubledinsurance group’s US subsidiary to non-investment grade. S&P said […]

Two more suits filed against Strong Thursday, September 11, 2003 Two more class action lawsuits were filed Wednesday against Strong Capital Management Inc. in connection with New York Attorney General Eliot Spitzer’s allegations that the Menomonee Falls investment company allowed […]

TELEWEST’S BANKS were yesterday threatening to block the company’s proposed rescue restructuring – a move that could tip the cable company into administration – after a key bondholder demandedfurther changes to the plan. The banks are said to be furious […]

<body.content> <block> <p>SALT LAKE CITY, Sept. 9 /PRNewswire-FirstCall/ — TenFold(R) Corporation (BULLETIN BOARD: TENF) , provider of the Universal Application(TM) platform forbuilding and implementing enterprise applications, today announced an agreement to expand its relationship with YouDevise Limited, its exclusive United […]

Sep. 10–PROSECUTOR, SEC CHIEF HELPING SAVE CAPITALISM: New York’s corporate crime-fighting attorney general, Eliot Spitzer, has taken another crack at the sleaze permeating Wall Street. Moreamazingly, the head of the federal Securities and Exchange Commission has shown some overdue gumption, […]

Sep. 10–Nearly two years after Enron became a synonym for corporate sins, federal regulators continue to bring vast numbers of actions against all types of malfeasance. In congressional testimony Tuesday, Securities and Exchange Commission Chairman William Donaldson revealed regulators are […]

Sep. 10–Three more lawsuits have been filed against Strong Capital Management Inc. in connection with allegations made last week by New York attorney general Eliot Spitzer that Strong and threeother mutual fund companies allowed a New Jersey hedge fund to […]

<body.content> <block> <p>NEW YORK, Sept. 10 /PRNewswire/ — RBC Capital Markets today announced Howard Chen has joined its Structured Products Group. An MBA graduate from New YorkUniversity, Mr. Chen brings a wealth of expertise from his previously held positions, including […]

3 more lawsuits filed against Strong Legal actions come following allegations by N.Y. attorney general By KATHLEEN GALLAGHER [email protected], Journal Sentinel Wednesday, September 10, 2003 Three more lawsuits have been filed against Strong Capital Management Inc. in connection with allegations […]

<body.content> <block> <p>NEW YORK, Sept. 10 /PRNewswire/ — The law firm of Milberg Weiss Bershad Hynes &amp; Lerach LLP announces that a class action lawsuit was filed onSeptember 9, 2003 on behalf of purchasers of the securities of the One […]