Category Archives: HedgeCo News
The Bear Stearns Companies Inc. Declares Preferred Stock Cash Dividend
NEW YORK–(BUSINESS WIRE)–Dec. 15, 2003–The Board of Directors of The Bear Stearns Companies Inc. declared a quarterly cash dividend of 68.75 cents per share on the outstanding shares of AdjustableRate Cumulative Preferred Stock, Series A, payable January 15, 2004 to […]
The Bear Stearns Companies Inc. Declares Preferred Stock Cash Dividend
NEW YORK–(BUSINESS WIRE)–Dec. 15, 2003–The Board of Directors of The Bear Stearns Companies Inc. declared a quarterly cash dividend of 68.75 cents per share on the outstanding shares of AdjustableRate Cumulative Preferred Stock, Series A, payable January 15, 2004 to […]
Gas-price surge in U.S. brings calls for inquiry
Natural gas prices in the United States have surged nearly 50 percent in the past two weeks despite an apparent lack of events that normally create such spikes, like tight supplies or forecasts ofunusually cold weather. The frenzied climb in […]
Monday’s Commodities Roundup
NEW YORK (AP) – Crude futures prices settled slightly higher Monday on the New York Mercantile Exchange, sending the clear message that even Saddam Hussein’s capture couldn’t quell its determinationto move higher. Ahead of the day’s trade, market participants roundly […]
SS&C Technologies, Inc. Expands Hedge Fund Business; Announces Acquisition of Amicorp’s Fund Administration Business
WINDSOR, Conn.–(BUSINESS WIRE)–Dec. 15, 2003–SS&C Technologies, Inc. (Nasdaq: SSNC) today announced that it has acquired Amicorp Group’s fund administration line of business for $1.8 millionin cash and the assumption of certain liabilities. The fund administration business, to be named SS&C […]
An Appraisal of the Asia-Pacific Fund Market..
ATLANTA (HedgeCo.Net)-The Asia-Pacific fund market had a pretty good year in 2003, as the overall global economic conditions improved following the World Trade Center terrorist attacks in New YorkCity, managed assets in the region continued to grow from 2002 levels. […]
Pittsburgh Post-Gazette Heard Off the Street Column
Dec. 15–Not so long ago, steelmakers were serving up apocalyptic visions of what would happen if the import penalties were lifted too soon. Their credibility has been called into question by a stock market that’s craving steel stocks. Analysts say […]
SS&C Technologies, Inc. Expands Hedge Fund Business; Announces Acquisition of Amicorp’s Fund Administration Business
WINDSOR, Conn.–(BUSINESS WIRE)–Dec. 15, 2003–SS&C Technologies, Inc. (Nasdaq: SSNC) today announced that it has acquired Amicorp Group’s fund administration line of business for $1.8 millionin cash and the assumption of certain liabilities. The fund administration business, to be named SS&C […]
The Bear Stearns Companies Inc. Declares Preferred Stock Cash Dividend
NEW YORK–(BUSINESS WIRE)–Dec. 15, 2003–The Board of Directors of The Bear Stearns Companies Inc. declared a quarterly cash dividend of 68.75 cents per share on the outstanding shares of AdjustableRate Cumulative Preferred Stock, Series A, payable January 15, 2004 to […]
The Bear Stearns Companies Inc. to Redeem Adjustable Rate Cumulative Preferred Stock, Series A
NEW YORK–(BUSINESS WIRE)–Dec. 15, 2003–The Bear Stearns Companies Inc. (NYSE:BSC), today announced that it has called for redemption all of its outstanding Adjustable Rate Cumulative PreferredStock, Series A (NYSE: BSC PrA, CUSIP No. 073902207) (the “Series A Preferred Stock”), for […]
James Cable Announces Completion of Restructuring
NEW YORK–(BUSINESS WIRE)–Dec. 15, 2003–James Cable, LLC announced today the completion of its reorganization plan under which GoldenTree Asset Management has become the Company’s largest equityholder, holding approximately 72% of the outstanding equity. James Cable Partners, L.P. and its wholly […]
UNX Connects to NASDAQ CAES For Liquid and Anonymous Trading in Listed Stocks
NEW YORK–(BUSINESS WIRE)–Dec. 15, 2003–UNX, Inc., the market structure experts, announced today that it has connected to CAES(SM), the NASDAQ(R) Computer Assisted Execution System(SM). Using UNX’sproprietary smart order routing algorithms to access CAES offers buy-side institutional investors and hedge funds […]