Monthly Archives: January 2004

MOTOROLA, the world’s second largest maker of mobile phones, has posted a higher-than-expected fourth-quarter net profit of $489 million (Pounds 270 million) but sales in the company’s core businessfell due to delays in new products with 3G features, such as […]

NEW YORK (AP) – Bank of New York Co.’s profit more than tripled in the latest quarter, as the improving stock market and an acquisition helped results. The bank Wednesday posted fourth-quarter profit of $307 million, or 40 cents a […]

Maximum Dynamics, Inc. Acquires 100% of Unilogic Solutions (Pty), Ltd. COLORADO SPRINGS, Colo., Jan. 21, 2004 (PRIMEZONE) — Maximum Dynamics, Inc. (OTCBB:MXDY), a technology solutions company that combines cutting edge technology with its back office and administration services to provide […]

Bank of New York Co.’s profit more than tripled in the latest quarter, as the improving stock market and an acquisition helped results. The bank Wednesday posted fourth-quarter profit of $307 million, or 40 cents a share, up sharply from […]

THE FINANCIAL Services Authority is set to widen its investigation of market timing to include brokers and insurance companies in a bid to establish whether the practice – which is harmful to privateinvestors – is prevalent in the UK. The […]

The Bank of New York Company, Inc. (NYSE: BK) reports fourth quarter diluted earnings per share of 40 cents and operating earnings of 44 cents per share, compared with operating earnings of 42 centsper share in the third quarter. Fourth […]

WASHINGTON — Japan and Canada moved Tuesday to halt the appreciation of their currencies in relation to the dollar, actions that suggest worldwide concern is growing about the dollar’s fall. The moves came a day after European officials publicly expressed […]

COLORADO SPRINGS, Colo., Jan. 20, 2004 (PRIMEZONE) — Maximum Dynamics, Inc. (OTCBB:MXDY), a technology solutions company that combines cutting edge technology with its back office and administrationservices to provide client side support and business process management services, released information today […]

NEW YORK — The hedge fund industry continues to cash in on the positive buzz it generated by posting positive returns in the three-year stock swoon. After suffering steep losses in stocks and mutual funds in the bear market, investors […]

BOSTON (AP) – University endowments earned an average of 3 percent on their investments last year, reversing declines seen in 2001 and 2002. When inflation and spending from endowments were taken into account, schools were probably worse off on average […]

WEST PALM BEACH, FL (HEDGECO.NET) – Merrill Lynch & Co has agreed to purchase ABN AMRO US Brokerage unit for an undisclosed amount. The new purchase includes four ABN AMRO business units, all theunits are connected to US stock and […]

TOSCAFUND, the hedge fund run by analyst-turned-private investor Martin Hughes, has increased its holding in construction and engineering services company Amec following last week’s mixed tradingstatement. Hughes has bought 2.9 million shares to give the fund 21.66 million shares or […]