Author Archives: the HedgeCo News Team

Jul. 16–WASHINGTON–Venture capital investments in minority businesses have a solid return, a foundation advancing entrepreneurship announced Wednesday. In a study conducted by the Ewing Marion Kauffman Foundation, combined investments exceeded a 20 percent rate of return, compared with 17 percent […]

ACQUISITIONS Kemira Chimica, the Italian arm of Kemira Kemwater, says it has signed an agreement to acquire Ageco’s (Lucca, Italy) water treatment business. The deal includes an agreement under which Kemira Chimica is allowed to produce ferric chloride at Ageco’s […]

ATLANTA–(BUSINESS WIRE)–July 15, 2003–KnowledgeStorm, the Internet’s most highly trafficked business technology directory, today announced the company has closed $2.4 million in new venturefunding. Participation included all previous KnowledgeStorm institutional investors: Apex Venture Partners, Imlay Investments, Live Oak Equity Partners, Sterling […]

NEW YORK–(BUSINESS WIRE)–July 15, 2003–Venture capital investment in Europe and North America has risen in the last four consecutive quarters, from EUR 29 billion in the third quarter of 2002 toEUR 45 billion in the second quarter of 2003, according […]

NEW YORK–(BUSINESS WIRE)–July 15, 2003–Venture capital investment in Europe and North America has risen in the last four consecutive quarters, from EUR 29 billion in the third quarter of 2002 toEUR 45 billion in the second quarter of 2003, according […]

Jul. 15–HUGHES APPOINTED HR SENIOR VICE PRESIDENT: Blythe Hughes has been appointed by Countrywide Home Loans Inc. as its senior vice president of human resources for its consumer markets division.In this position, Hughes will be responsible for implementing human resources […]

Sir John Templeton is a legendary investor and founder of the Templeton Funds mutual funds. Sir John had this to say recently about the housing market in the United States: �Every previous major bear market has been accompanied by a […]

The cuts in interest rates in the US have been closely watched and emulated in Britain and key Asian countries which have acted quickly to mitigate the effects of SARS and a soft economy. Incomparison the ECB rigid stance hampers […]

NEW YORK–(BUSINESS WIRE)–July 14, 2003–firstRain, Inc., the leading business monitoring software and solutions provider, today announced that it has attracted $8 million of Series B funding. Newinvestor Ampersand Ventures led the round, joining existing investors St Paul Ventures, Diamondhead Ventures […]

LONDON–(BUSINESS WIRE)–July 14, 2003– Award-winning data warehousing software provider enhances business model to fuel expansion in US and Europe Kalido, the data warehousing and data management software provider, has raised substantial funds from Atlas Venture and Benchmark Capital to finance […]

All across the nation, there has been a flux of activity in the biotechnology industry. But in the wake of the dot-com demise, venture capitalists have shied away from previously made investments inmore fledgling sectors of the economy, making startup […]

Jul. 14–There are two dynamics at work in the stock market. Hedge fund managers, who think the market is overvalued, keep selling, while individuals, earning less than 1 percent on their moneyfunds, keep buying. One of these groups will be […]