Author Archives: the HedgeCo News Team
Oklahoma Beef Processing Project Seeks Investors for New Facility
Aug. 31–Efforts to correct Oklahoma’s beef processing deficit may face further delays as producer-investors have not raised the required $10 million startup funds to build the proposed AmericanNative Beef facility near Hugo. The project’s supporters are not giving up and […]
Chandler, Ariz., Chipmaking Start-Up Receives $4.2 Million in Venture Capital
Aug. 30–Andigilog, a startup semiconductor company based in Chandler, has won $4.2 million in venture capital funding to develop and market integrated circuits that warn of overheating incomputers, cell phones and other electronic devices. The company, located at 7404 W. Detroit […]
Be Contrarian – Market Will Still Manage To Confound You
BY THE WONDERFUL LOGIC of market contrariness, it figured that 2003 would be stocks’ year. As 2002 ended, the smart money had given up on the stock market. Sure, the sages acknowledged, there might be occasional rallies. But after the […]
Appetite for hedge funds boosts market leader Man Group
SHARES IN Man Group, the hedge fund manager, jumped yesterday after new research suggested it was winning market share in the booming “fund of funds” market. A study by Morgan Stanley suggested that funds of funds are the preferred way […]
13th Annual Great Midwest Venture Capital Conference; Companies Competing for Selection Face September 12 Deadline; www.gmvcc.com
LOUISVILLE, Ky.–(BUSINESS WIRE)–Aug. 29, 2003–One of the nation’s premier venture capital conferences is headed to Kentucky. The Great Midwest Venture Capital Conference (GMVCC(R)) invites a fewgood companies to take advantage of a golden opportunity to attract investor interest at this […]
Market forces: Suitor at the gate for Queens Moat
Queens Moat Houses bucked the weak trend in the hotel sector yesterday thanks to speculation that veteran property entrepreneur and 25% shareholder Jack Petchey is to launch an offer for the debt-laden group. Dealers were left scratching their heads on […]
Japan beats odds as yen refuses to go higher Steady interventions by central bank keep speculators at bay
The Japanese government is defying the logic of the foreign exchange market by keeping the yen from rising sharply in value against the dollar. The dollar has had a lot going against it this year,including doubts about the strength of […]
JapanCross to Transfer PTS Business to Instinet
TOKYO–(BUSINESS WIRE)–Aug. 29, 2003–JapanCross Securities Co., Ltd. today announced that by agreement of its shareholders it will restructure its businesses and, as a result, transfer its PTS(proprietary trading system) business operations to Instinet Japan Limited. The transfer is expected to […]
Still cautious about equity comeback
I was having an idle chat with a friend last week when the talk turned to equity markets. It’s a long time since anyone has talked to me about equities without gritting their teeth and telling methat they’re sure I’m […]
Equities on the up as confidence surges ; Rising markets are encouraging private investors to put their faith and money back in equities, much to the delight of brokers, but some analysts say their optimism is premature, write Kate Burgess and Elizabeth R
The past few years have been painful for Jim King, a retired civil servant who dabbles in stocks and shares. An enthusiastic trader amid the internet boom, Mr King is now sitting on some heavy losses. “Golly, it’s been bad. […]
Tokyo Stocks Rebound in Morning
Tokyo, Aug. 29 (Jiji Press)–Stocks rebounded from two consecutive days of drop on the Tokyo Stock Exchange Friday morning, supported by better-than-expected industrial production data for Julyreleased shortly before the opening. Japan’s industrial production in July rose 0.5 pct from […]
Tokyo Stocks Rebound on Favorable Economic Data
Tokyo, Aug. 29 (Jiji Press)–Tokyo stocks rebounded from two straight sessions of losses on Friday, as data signaling economic recovery in Japan and the United States gave investors a cue to snap upa broad range of issues, notably high-technology stocks. […]