Category Archives: HedgeCo News
Cira Centre scores three tenants
Law firms, hedge fund to take 374,000 square feet Brandywine Realty Trust has signed leases totaling 374,000 square feet in Cira Centre, a planned 28-story office tower located in the University City District of Philadelphia adjacent to Amtrak’s 30th Street […]
Market Report: Traders’ drink merger hopes fuel Christmas cheer for FTSE ; MARKET REPORT
IN THE absence of any major corporate or economic news, traders were left to gossip about which companies they believe are most likely to be bid for in 2004. One can’t blame them. Christmas Eve ispretty much the quietest day […]
Three Tenants Sign Leases for New Philadelphia Office Building
Dec. 25–A new University City office building that was initially proposed 19 months ago moved a big step closer to reality yesterday, with three tenants signing the first leases. Together, they would occupy almost half of the 28-story tower that […]
Similar troubles
Similar troubles, different experiences Heartland flourishes despite SEC charges; Strong struggles By KATHLEEN GALLAGHER [email protected], Journal Sentinel Thursday, December 25, 2003 Strong Capital Management Inc. and Heartland Advisors Inc. both stand accused of misdeeds, but they’ve had very different experiences […]
FSA set to name and shame the ‘timing’ offenders
THE Financial Services Authority may name and shame hedge funds it believes are guilty of so called “market timing” abuses in London, writes Patrick Hosking. The chief City regulator is gathering information from unit trust managers on possible abuses and […]
In Brief
Nation Court rules for haggling: Cell-phone companies are free to offer whatever deals they want to consumers, even if some customers end up with better deals than others, a federal appeals court ruled yesterday. The U.S. Court of Appeals for […]
Brandywine Realty Trust Announces Signed Leases Totaling 374,000 Square Feet at Cira Centre; Catalyst for Continuing University City Renaissance
PLYMOUTH MEETING, Pa.–(BUSINESS WIRE)–Dec. 24, 2003–Brandywine Realty Trust (NYSE: BDN) today announced that it has signed leases totaling 374,000 square feet in Cira Centre, its planned landmark28-story office tower located adjacent to Amtrak’s 30th Street Station in the University City […]
Italy takes steps to protect Parmalat Investigation reveals decade- long effort to mask liabilities using front companies
As the Italian government and the board of Parmalat moved to protect the Italian dairy giant from creditors pending its restructuring, Italian magistrates said Tuesday that they had sketched thebroad outlines of a tangled account-rigging scheme dating back more than […]
Investigators trace Parmalat downfall Board decides to embrace bankruptcy as list of potential liabilities gets longer
Parmalat Finanziaria, the Italian dairy and food giant, engaged in a tangled scheme involving dozens of offshore front companies to invent assets that offset as much as $11 billion in liabilitiesover more than a decade, Italian investigators said Tuesday. The […]
SHARES AND MARKET REPORT: Hedge funds take BT shares to France, et vive la difference!
HEDGE FUNDS looked to be positioning themselves for a dividend wash of BT Group yesterday. The telecom giant, which rose 1.75p to 188p, has seen brisk trade in its shares over the past three tradingdays and yesterday more than 156 […]
Mentmore boosted by Hands-on bid talks
STORAGE firms may be unglamorous but they are attracting the attention of some of the world’s richest men. City financier Guy Hands is in talks to buy specialist storage group Mentmore. The shares jumped 15 1/2p to 100 1/2p, valuing […]
Vegas Broker Charged With Market Timing
WASHINGTON (AP) – The Securities and Exchange Commission filed civil fraud charges Monday against a Las Vegas man and his brokerage firm for their alleged market timing and late trading in mutualfunds managed by Alliance Capital Management. The SEC said […]