Monthly Archives: November 2003

In funds

In funds, it can be a matter of timing Arbitrageurs take advantage of price inefficiencies By KATHLEEN GALLAGHER kgallagher@journalsentinel.com, Journal Sentinel Sunday, November 30, 2003 To understand the wrongs that New York Attorney General Eliot Spitzer is trying to right […]

Analyst goes fishing for tiny Keys bank

Street Smart Analyst goes fishing for tiny Keys bank By KATHLEEN GALLAGHER of the Journal Sentinel staff Sunday, November 30, 2003 Investment: TIB Financial Corp., Key Largo, Fla., is a holding company for TIB Bank of the Keys, which conducts […]

NEWSWEEK: Mutual Fund Manager Gary Pilgrim Made 49 Percent a Year on His Stake in PBHG Growth Fund While Fund Investors Lost 45 Percent a Year

<body.content> <block> <p>NEW YORK, Nov. 30 /PRNewswire/ — The case of fund manager Gary Pilgrim is perhaps the most startling example of alleged abuse of investors to come out ofthe mutual-fund scandal, reports Wall Street Editor Allan Sloan in the […]

18 states reject Wisconsin’s venture capital program

18 states reject Wisconsin’s venture capital program By BRUCE MURPHY bmurphy@journalsentinel.com, Journal Sentinel Saturday, November 29, 2003 Wisconsin’s venture capital program, which funnels state subsidies to a short list of certified capital companies (CAPCOs), was rejected by 18 states, according […]

Critics question merits of economic development legislation Bill would expand program that hasn’t done much to boost

Critics question merits of economic development legislation Bill would expand program that hasn’t done much to boost high- tech investment in Wisconsin By BRUCE MURPHY bmurphy@journalsentinel.com, Journal Sentinel Saturday, November 29, 2003 At the heart of the current discussion about […]

Man Utd at three-year high as bid speculation hits fever pitch

SHARES IN Manchester United rose to a three-year high yesterday on renewed speculation that the Premier League football club was about to receive a takeover bid after an investor snapped up a majorchunk of shares. The investor is widely believed […]

AIB ends week higher thanks to positive analyst comment ; Settlement Day: December 3rd

It was a flat day in Dublin yesterday, with thin post- Thanksgiving trade in the US offering little in the way of inspiration to any European market. AlB managed to end the week on a high note after attracting some […]

t’s a game of no quarter: Notebook The big battles are off the pitch: A new seam

Picture the scene. The chief executive and finance director of Manchester United – men who could claim to hold two of the best jobs in English football – catch a flight to the US. Malcolm Glazer, thebuccaneer from Tampa Bay […]

Germans approve sale of hedge funds in nation

Germans approve sale of hedge funds in nation From Associated Press, Bloomberg News and New York Times reports Saturday, November 29, 2003 The German parliament’s upper house gave final approval Friday to a bill that will allow hedge funds to […]

Stockbyte buys stake held by ACT

Stockbyte, the Kerry-based stock photography company, has bought the 30 per cent stake held by venture capital partner ACT Venture Capital for an undisclosed sum. ACT paid $1 million for a 25 per cent stake in Stockbyte in 1997 and […]

In brief: Armor Group pounds 20m buyout

Armor Group, the biggest private security firm operating in Iraq, was yesterday bought out from its US parent by its London-based management in a pounds 20m deal backed by venture capitalistGranville Baird, which is investing pounds 9m.

Fast-growing Ethel Austin ponders a 150m float

DISCOUNT clothing chain Ethel Austin is considering a 150 million float after more than doubling profits in the past year. Venture capital backer Lloyds TSB Development Capital (LDC) is also in talks with a potential buyer only 17 months after […]