Monthly Archives: September 2003
Quintiles Sees Future As Private Company
DURHAM, N.C. (AP) – The head of Quintiles Transnational Corp., which tests medical devices and drugs for other companies, is parting ways with shareholders – to the expected greater profit of bothsides. Quintiles shareholders will vote Thursday on a leveraged […]
UBS says it is buying ABN AMRO’s Prime Brokerage U.S. unit
ZURICH, Switzerland (AP) — Swiss banking giant UBS will buy the U.S. Prime Brokerage unit of ABN Amro Holding N.V. of the Netherlands for US$250 million, the two companies said Thursday. The unit employs 190 people, mostly in New York […]
Harvard’s Endowment Fund Grew 12.5 Percent for Year
Sep. 24–Once again, the rich get richer. Harvard’s $19.3 billion endowment, the largest in the country, yesterday reported that its investments grew by 12.5 percent in the year ended June 30, a performance that ranks among the best in the […]
State board rejects proposal for public audit of Strong
State board rejects proposal for public audit of Strong By KATHLEEN GALLAGHER AND KEVIN MURPHY [email protected] Wednesday, September 24, 2003 Madison — The board that oversees Wisconsin’s college savings programs on Tuesday rejected state Treasurer Jack Voight’s proposal for an […]
BISYS Updates Earnings Guidance for September 2003 Quarter and June 2004 Fiscal Year; Schedules Conference Call for Thursday, September 25
<body.content> <block> <p>NEW YORK, Sept. 24 /PRNewswire-FirstCall/ — The BISYS Group, Inc. , a leading provider of business process outsourcing solutions for the financialservices sector, today updated its earnings guidance for its current September quarter and its fiscal year ending […]
BISYS Announces James L. Fox, President, BISYS Fund Services, Promoted to CFO; Andrew Corbin Resigning as CFO to Join Another Company
<body.content> <block> <p>New York, Sept. 24 /PRNewswire-FirstCall/ — The BISYS Group, Inc. , a leading provider of business process outsourcing solutions for the financialservices sector, today announced that James L. Fox, President of BISYS Fund Services, will become the Company’s […]
Rabin, Murray & Frank LLP Commences Class Action Suit in the District of Colorado Against Janus Capital Group Inc. and Canary on Behalf of Purchasers of Certain Janus Family Funds — JAGLX, JGVAX, JAOSX, JAWWX
Rabin, Murray & Frank LLP Commences Class Action Suit in the District of Colorado Against Janus Capital Group Inc. and Canary on Behalf of Purchasers of Certain Janus Family Funds — JAGLX,JGVAX, JAOSX, JAWWX NEW YORK , Sept. 24, 2003 […]
SunGard Joins SWIFT, Offers Customers Connectivity Via SWIFT to 7,500 Financial Institutions
NEW YORK–(BUSINESS WIRE)–Sept. 24, 2003–SunGard (NYSE:SDS) today announced that SunGard Institutional Brokerage Inc. is now a full Member of S.W.I.F.T., the industry-owned cooperative supplyingsecure, standardized messaging services to 7,500 financial institutions in 200 countries. At the same time, SunGard is […]
Nightly Business Report
xfdce NIGHTLY-BUSINESS-REPO-00 Show: NIGHTLY BUSINESS REPORT> Date: September 24, 2003> Time: 18:30:00> Tran: 092400cb.118> Type: SHOW> Head: Nightly Business Report> Sect: Business> Byline: Paul Kangas, Susie Gharib> Guest: Alan Hevesi, John Waggoner> Spec: Business; Economy> Time: 00:00:00> PAUL KANGAS, NIGHTLY […]
Wisconsin Board Rejects Audit of College Savings Program
Sep. 24–MADISON, Wis.–The board that oversees Wisconsin’s college savings programs on Tuesday rejected state Treasurer Jack Voight’s proposal for an independent audit related to allegations StrongCapital Management Inc. allowed improper trades in some of its funds. Strong was one of […]
Commerzbank Securities Adds New Talent to Its New York Team
NEW YORK–(BUSINESS WIRE)–Sept. 24, 2003–Commerzbank Securities has appointed the following individuals to its New York office: — Thomas Billiard joins as a senior salesperson, Derivatives focused on Interest Rate Derivatives Products. Formerly with Barclays Capital Inc. as associate director, he […]
Fitch: Credit Derivatives Market a Qualified Success, But Not Without Risks
NEW YORK–(BUSINESS WIRE)–Sept. 24, 2003–Credit derivatives have been a positive development for the global financial system, facilitating enhanced risk transfer and dispersion, according to theupdated global credit derivatives survey published today by Fitch Ratings. While credit derivatives have been beneficial […]