Author Archives: the HedgeCo News Team
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 […]
The wet spring brings a shower of capital
Economy watchers scouting for signs of recovery can look to the resurgence of investing activity in the second quarter. According to The MoneyTree Survey by PricewaterhouseCoopers, Thomson VentureEconomics and the National Venture Capital Association, venture capitalists loosened their purse strings. […]
Fund’s swoop boosts Holmes Place buyout
A LITTLE-known hedge fund manager has bought almost eight per cent of Holmes Place just over two weeks before the troubled health club chain delists from the stock market and is acquired by itsmanagement. Strangely, SISU Capital has no plans […]
Bid fever piles on pressure for United bosses ; Tension grows in Old Trafford boardroom as investors’ rising stakes fuel takeover speculation
ROMAN Abramovich’s takeover and spending spree at Chelsea has sent a shiver through England’s elite football clubs. Until the billionaire Russian’s appearance, Premiership clubs believed the era of inflated transfer deals was over and they could focus on rebuilding their […]
‘I bought $300m shares by mistake’
A HEDGE fund manager in America shocked Wall Street by announcing that he had bought significant stakes in two healthcare companies without even noticing. Scott Sacane, who runs Durus Capital Management in Connecticut, admitted last week that he had ‘inadvertently’ […]
The Sun, Port Charlotte, Fla., Brian Presley Column
Aug. 3–What does it mean when companies miss their numbers? If you own a diversified portfolio, you may be sitting bolt upright and saying to yourself, “What do you mean they missed their number, and what have you done to […]
Fiat Loses Battle with Unions
Aug. 3–Some good news at last for Italian carmaker Fiat has brightened its immediate prospects but clouds on the horizon continue to threaten the company’s long-term future. The beginning of the week did not augur well for Italy’s largest industrial […]
Comcast raises forecasts as it slashes quarterly loss
Comcast, the largest U.S. cable operator, has posted a narrower second-quarter loss and reported solid gains in revenue and cash flow. Wall Street was generally pleased with the figures on Thursday,particularly because the company also raised its forecast for increases […]
Executive pay survey: Low earners Mining, catering and retail firms are at the bottom of the FTSE league
Average annual pay for workers at FTSE 100 companies ranges from pounds 8,480 to more than pounds 84,000, the Guardian’s annual survey reveals. The lower reaches of the pay league are dominated by companies from just three industries – overseas […]