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Ko, former Bear trader, launches hedge fund

on Tuesday, July 15th, 2008 at 12:00 am

Reuters- Melissa Ko, a former star trader at Bear Stearns, has formed a new hedge fund called Covepoint Capital with nearly $1 billion in assets, according to a letter the firm sent to investors on Monday.
Ko ran Bear’s Emerging Markets Macro Fund, which generated returns of more than 25 percent from 2005 to 2007 […]

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Coca-Cola agrees to $137.5 mln settlement in case

on Monday, July 7th, 2008 at 12:00 am

Reuters- Coca-Cola Co (KO.N) agreed to pay $137.5 million to settle a shareholder lawsuit that claimed the world’s largest soft drink maker artificially inflated sales to boost its stock price, according to court documents.
The lawsuit, filed in October 2000, claimed that in 1999 Coca-Cola had forced some bottlers to […]

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