Author Archives: the HedgeCo News Team
HOLD FOR RELEASE 1201 a.m. EDT Tuesday July 29
SAN FRANCISCO (AP) — Venture capitalists invested slightly more money in the second quarter than they did in the first quarter, heralding a possible turning point in the industry’s three-year slump,according to industry data to be released Tuesday. The $4.28 […]
Fitch: Tough Times For U.S. Higher Education Endowments
NEW YORK–(BUSINESS WIRE)–July 28, 2003–In the last two years colleges and universities have experienced declining endowments. According to a new report published by Fitch Ratings today, discussingcontracting endowments, Fitch emphasizes that market value declines are important as they relate to […]
The rich celebrate as Brown gives way
SOME of the country’s wealthiest financiers will be spared millions of pounds of income tax payments after an extraordinary U- turn by Chancellor Gordon Brown this weekend. The Treasury has agreed to rewrite Brown’s Budget so that highly paid executives […]
Piccadilly sees light at Hornby
SECRET Dealings exposes trading that usually escapes attention. Any trade exceeding three per cent of a company’s value must be declared, but huge amounts of buying and selling went unreported untilnow because dealings were below the threshold. AS the manager […]
Researchers thrive on Wall Street woes
With major Wall Street firms committed to paying $432 million over five years for independent stock research, part of their $1.4 billion settlement with regulators over misleading analysis, investorscan look forward to a lot more research. It’s more and more […]
News in brief ; Permira bid may win Debenhams
DIRECTORS of department store group Debenhams, led by chairman Peter Jarvis, are expected to recommend a 1.54bn offer from venture capitalist Permira on Monday. The 425p-a-share bid is likely toprompt a rival offer from private equity firms CVC and Texas […]
THE JOYS OF WORKING FOR A SWINE! ; THE The advert asked for a PA to work for a ‘disorganised, inconsiderate, insensitive and demanding’ tycoon. So what happened when a Mail writer took the job?
HE IS a ‘disorganised, inconsiderate, insensitive, demanding swine’. And those are his own words. His recent quest for a new personal assistant led to one of the most extraordinary newspaper recruitment ads ever seen. ‘If you are a highly intelligent […]
Report Says Colorado Venture Capital Funds Lost 39 Percent in 12 Months
Jul. 25–National venture capital funds lost 29.1 percent for the year that ended March 31, and Colorado-based funds lost 39.6 percent for the same period, according to a report from Thomson VentureEconomics. But John Taylor, vice president of the National […]
Bahrain to attend Islamic Finance meet in Cape Town, BAHRAIN
xfdws MEET-IN-CAPE-TOWN sked Emerging Markets Datafile July 25, 2003 BAHRAIN TRIBUNE BAHRAIN ENGLISH Bahrain to attend Islamic Finance meet in Cape Town, BAHRAIN TRIBUNE THE MIDDLE EAST WorldSources, Inc. 322 MASSACHUSETTS AVENUE 2ND FLOOR, NE WASHINGTON, DC 20002 COPYRIGHT 2003 […]
Market forces: Bouncers at Debenhams’ door
Riding for a fall? That was the question on the minds of market professionals as the Debenhams share price traded above Permira’s indicative offer price for the first time. The private equity firm, which recently sold Homebase to GUS for […]
Fuel Cells Pique Investor Interest
Hydrogen fuel cells have been touted as a revolutionary energy source that could eventually power everything from cellular phones to fighter jets. So it should not be a big surprise that venture capitalists, always on the prowl for the next […]
Nightly Business Report
xfdce NIGHTLY-BUSINESS-REPO-00 Show: NIGHTLY BUSINESS REPORT> Date: July 25, 2003> Time: 18:30:00> Tran: 072500cb.118> Type: SHOW> Head: Nightly Business Report> Sect: Business> Byline: Paul Kangas, Linda O`Bryon> Guest: Jeffrey Everett> Spec: Business; Economy> Time: 00:00:00> (AUDIO GAP) LINDA O`BRYON, NIGHTLY […]