Author Archives: the HedgeCo News Team
Investors Fear Collapse in Bond Prices May Present Threat to Shares
Aug. 5–Concerns are rising that the recent worldwide collapse in the bond market could soon spill over into shares. Falling bonds means higher borrowing costs, and long-term rates have soared since mid-June on sudden fears of inflation. US Treasuries have […]
Harrington West Announces Record Results for the June 2003 Quarter and Doubles Quarterly Dividend
SOLVANG, Calif.–(BUSINESS WIRE)–Aug. 5, 2003–Harrington West Financial Group, Inc. (Nasdaq:HWFG), the holding company for Los Padres Bank, FSB and its Harrington Bank division, today announcedthat it earned $1.8 million or 40 cents per share on a fully diluted basis in […]
Bonds battered by turbulence and US is bearing the brunt
ASK ANY independent financial adviser which are higher-risk – shares or bonds – and the answer will come back loud and clear. Government bonds are a low-risk investment whereas shares are for the brave and the wealthy. However, that is […]
Collapse in bonds ‘is a threat to shares’
CONCERNS are rising that the recent worldwide collapse in the bond market could soon spill over into shares. Falling bonds means higher borrowing costs, and long-term rates have soared since mid-June on sudden fears of inflation. US Treasuries have dropped […]
Funds boss Mills is top of directors’ pile at 4.8m
A TOP City fund manager born into the Bertram Mills circus dynasty has been named as the highest-paid director of a publicly quoted company in a survey today. Christopher Mills, chief executive of the obscure North Atlantic Smaller Companies Investment […]
Westin Hotel in Chicago May Get Bid from Starwood Group that Manages It
Aug. 5–A Michigan Avenue hotel that could not find a buyer last year is suddenly in play, in a deal that should be a test of how real estate investors view the local hotel market. Starwood Hotels & Resorts Worldwide […]
Deutsche Bank Strengthens Hedge Fund and Mid-Sized Institutional Client Equity Sales Coverage; Bill Foley, Sam Mezansky, and Ted Tabasso Join Deutsche Bank Securities
NEW YORK–(BUSINESS WIRE)–Aug. 5, 2003–Deutsche Bank Securities Inc. today announced that Bill Foley, Sam Mezansky, and Ted Tabasso will be joining the firm as Managing Directors responsible formiddle market equity sales coverage. Based in New York, they will report to […]
Venture investments down 17% in state
economic development, dropped at least 17 percent in the second quarter, according to Growthink Research, a leading investment research firm based in California. It reported that $49.7 million wasraised here, compared with $60 million in the first quarter. About $4.2 […]
Funds big part of holdings of 6 of the 7 Fed governors
even the nation’s top central bankers seem to like them. A new report shows that mutual funds are a big part of the portfolios of six of seven governors who oversee the Federal Reserve System. Thelone exception is Fed Chairman […]
McDonald’s director a little-known choice
the British director the fast-food giant has entrusted with the humongous task of putting on film the soon-to-debut “I’m Loving It” global advertising campaign, believed to be the biggest, andcertainly the most ambitious, marketing effort in McDonald’s history. Who is […]
Wireless wonder
With millions of dollars in venture capital on hand, a White Plains semiconductor company said it will spend the next year bringing to market a new technology that promises to change how the worlduses cell phones, PDAs and other wireless […]
S.D. Companies See Bump in VC Funding
San Diego’s life sciences companies led the way with $96 million in total venture capital received during the second quarter. Those firms with products in late-stage development and nearingcommercialization will have the best chance to continue to attract investors, said […]