The Wall Street executive whose tip triggered the mutual fund investigation says she stepped forward because she was worried that small investors were being hurt – but had no idea so many companieswere tainted by improper trading. “What made me […]

NEW YORK (AP) – Crude futures prices settled incrementally higher Wednesday on the New York Mercantile Exchange, reflecting gyrations in the natural gas market and concerns of continual draws in U.S.commercial oil supplies. January light, sweet crude futures settled at […]

The Wall Street executive whose tip triggered the mutual fund investigation says she stepped forward because she was worried that small investors were being hurt – but had no idea so many companieswere tainted by improper trading. “What made me […]

Connecticut’s state treasurer said yesterday that she squeezed $225,000 in discounts from Putnam Investments for her state’s pension fund as part of a deal to stay with the Hub money manager as itgrapples with the fallout from civil fraud charges. […]

Dec. 10–T. ROWE PRICE LIKELY REAPING REWARDS OF HONESTY: Janus Capital, which secretly allowed select investors to rapidly trade in and out of its mutual funds while it publicly claimed todiscourage the practice, saw $2 billion walk out the door […]

Exec stepped up to help small funds investors From Associated Press, Bloomberg News and New York Times reports Wednesday, December 10, 2003 Noreen Harrington, the Wall Street executive whose tip triggered the mutual fund investigation, says she stepped forward because […]

NEW YORK–(BUSINESS WIRE)–Dec. 10, 2003–Bear Growth Capital Partners (BGCP), a private equity affiliate of Bear, Stearns & Co. Inc., announced today that it has sponsored a recapitalization ofClintrak Pharmaceutical Services LLC, a leading provider of clinical trial labeling, packaging, and […]

Parmalat, the Italian dairy company that has rattled investors in recent months with disclosures about its accounting and the resignation of its chief financial officer, has not recovered a $589.9million payment from an offshore investment that it expected last week. […]

Time Warner Cable says it has signed a deal with Sprint and MCI to help send telephone calls over lines once used only to deliver television programming. The move, announced Monday, signals the escalating clash between the cable and telephone […]

The mutual fund whistle-blower has revealed herself: Noreen Harrington, a former executive of the investment arm of the billionaire Stern family, The New York Times reported. Harrington said she had often heard traders bragging on the Secaucus, New Jersey, trading […]

AMP, THE financial services giant, yesterday got the go- ahead from shareholders to hive off its UK arm, but was less than optimistic on the prospects for its float in London this month. Shareholders in the Australian company yesterday voted […]

NEW YORK–(BUSINESS WIRE)–Dec. 10, 2003–Bear Growth Capital Partners (BGCP), a private equity affiliate of Bear, Stearns & Co. Inc., announced today that it has sponsored a recapitalization ofClintrak Pharmaceutical Services LLC, a leading provider of clinical trial labeling, packaging, and […]