Category Archives: HedgeCo News
GPG considers petitioning Privy Council
IN WHAT would be a last throw of the dice, Guinness Peat Group is considering directly petitioning the Privy Council to hear its case against Perry Corporation. Representing GPG, Raynor Asher, QC, confirmed a petition might be submitted after the […]
Nightly Business Report
xfdce NIGHTLY-BUSINESS-REPO-00 Show: NIGHTLY BUSINESS REPORT> Date: December 9, 2003> Time: 18:30:00> Tran: 120900cb.118> Type: SHOW> Head: Nightly Business Report> Sect: Business> Byline: Paul Kangas, Linda O`Bryon> Guest: Daniel Henninger> Spec: Business; Economy> Time: 00:00:00> PAUL KANGAS, NIGHTLY BUSINESS REPORT […]
GPG considers petitioning Privy Council
IN WHAT would be a last throw of the dice, Guinness Peat Group is considering directly petitioning the Privy Council to hear its case against Perry Corporation. Representing GPG, Raynor Asher, QC, confirmed a petition might be submitted after the […]
Invesco Memos Show Turmoil over Timing of Trades
Dec. 9–Canary Capital Management’s in-and-out trading of Invesco mutual funds was so disruptive that Timothy Miller, Invesco’s chief investment officer, insisted in an internal memo that the”bastards” ought to be cut off. “These guys … are day-trading our funds, and […]
Guinness Peat Group may petition Privy Council
In what would be the last throw of the dice, Guinness Peat Group (GPG) is considering directly petitioning the Privy Council to hear its case against Perry Corporation. Representing GPG, Raynor Asher, QC, confirmed a petition may be submitted, after […]
Merger Partners Bank of America, FleetBoston Financial Name Management Team
Dec. 9–Bank of America Corp. and its merger partner, FleetBoston Financial Corp., yesterday named a Fleet-dominated management team to oversee their combined investment operations once the deal iscompleted. The new Wealth & Investment Management Group will house five investment units, […]
Guinness Peat Group may petition Privy Council
In what would be the last throw of the dice, Guinness Peat Group (GPG) is considering directly petitioning the Privy Council to hear its case against Perry Corporation. Representing GPG, Raynor Asher, QC, confirmed a petition may be submitted, after […]
Evening Standard, London, Business Briefs Column
Dec. 9–TYCO BUSINESS LANDS $4 BILLION CONTRACT WITH US AIR FORCE: A company owned by Tyco International has won a contract worth up to $4 billion (UKpound 2.3 billion) for environmental work at USAir Force bases worldwide. The work, awarded […]
NASD Suspends Banc of America Analyst
WASHINGTON (AP) – The National Association of Securities Dealers Tuesday said it reached a settlement with a former research analyst at Banc of America Securities charged with issuing research thatcontradicted his personal opinions. Andrew Hamerling was suspended from working for […]
Parmalat awaits payment of hedge fund investment
Parmalat Finanziaria, the Italian dairy company that has unsettled investors in recent months with rising debt and the surprise resignation of its chief financial officer, gave stock and bond holdersanother scare Monday with the announcement that the company had not […]
Gold rush gathers pace
GOODBYE greenback hello gold? The US dollar’s dramatic slump continued yesterday. It fell to an 11-year low against sterling, tumbling 0.3 cents to $1.732, and 0.5 cents to a new $1.221 troughagainst the euro. Against a basket of EU currencies, […]
This Week’s Private Equity Report…
12/10/03: #8 Private Equity Update How do you spot a good CEO? �You�ll know one when you see one,� we used to believe . . . but recently we acquired a powerful new tool that we are using to […]