Author Archives: the HedgeCo News Team
Minority Businesses Get Help in Finding Venture Capital
Aug. 4–Last year, Hallandale Beach-based Comerxia was just another minority start-up in South Florida, struggling to advance on limited funds. After making a presentation at the Minority Business Development Agency’s Equity Capital Access Program, known as MECA, Comerxia gained attention […]
In These Uncertain Economic Times, Humble Business Yields Big Returns
Aug. 4–In a sign of the times, a company that thinks of mice as pests — not computer accessories — has reported raising the largest amount in private equity investments in the Philadelphia area inrecent months. GCA Services Group Inc., […]
Venture Capital Fund in Thailand Earmarks 500 Million Baht
Aug. 4–One Asset Management, which oversees the SME Venture Capital Fund, expects to lend 500 million baht to small and medium-sized businesses this year. Lending through the fund will stop at the end of the year. Senior vice-president Karsaemsun Na […]
During Economic Slowdown, Car-Rental Companies Regroup for Future
Aug. 4–New York hedge fund is in line to gain control of Alamo Rent A Car and National Car Rental System in a Delaware bankruptcy courtroom Wednesday, a move that would continue the trend ofcar-rental companies ending up in some […]
Daily News, New York, Peter Siris Column
Aug. 4–The war on deflation has started. The Fed and the President are committed to do what’s necessary to create jobs, stimulate demand, and get the economy moving. Their success won’t be instantaneous, but they’re determined. This means interest rates […]
Business Happenings
Relocation SolutionOne, a Lincoln business technology dealer, has moved its offices to 7407 O St. The company was formerly located at 2535 O St. Phone numbers for the company remain unchanged. New company Four Omahans have started a new hedge […]
Hedge Fund Sues Verizon over Failed Merger
Aug. 4–The general partner for Stark Investments LP has filed a lawsuit against Verizon Communications Inc. that accuses the telecommunications giant of deliberately failing to honor the provisionsof a merger agreement and fraudulently forcing out of business the company it […]
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 […]