Category Archives: HedgeCo News
Scrutineer: Buoyant Belhaven brews up another record set of results
BELHAVEN, Scotland’s leading regional brewer, has continued its remarkable success story in its latest trading half, delivering its eighth consecutive set of record interim results since itsflotation seven years ago. The company has been a miniature contra-thinker in a drinks […]
Amvescap firm caught in mutual funds scandal
A US COMPANY owned by Amvescap, the FTSE 100-listed fund manager, is expected to be charged with improper trading, the latest casualty in the mutual funds scandal. New York Attorney General Eliot Spitzer and the Securities and Exchange Commission are […]
Source Invesco to face civil charges from New York state, SEC
NEW YORK (AP) — Regulators were preparing to file civil charges Tuesday against Invesco Funds Group Inc. and its chief executive in the rapidly expanding mutual fund trading scandal. New York State Attorney General Eliot Spitzer and the Securities and […]
Daily News, New York, Guerrilla Investing Column
Dec. 1–The changes on Wall Street are making life more difficult for investors who want to trade big-cap stocks or follow the advice of brokerages’ analysts. But they are creating great opportunities for investors willing to spend the time looking […]
Windsor, Conn.-Based Online Software Firm Sees Stock Soar
Dec. 1–With the market’s renewed love affair with tech stocks, SS&C Technologies Inc. has enjoyed a classic November romance. Shares have doubled since May of this year, and septupled since May 2000. In September, the company paid its first cash […]
Lies, Lies, More Damn Lies!
November 27, 2003 LIES, LIES, MORE DAMN LIES “You know our job in Washington is to tackle problems when we see them; not to pass them on to future congresses, future presidents, and future generations. I want to thank […]
PXRE Announces Public Common Share Offering
<body.content> <block> <p>HAMILTON, Bermuda, Dec. 1 /PRNewswire-FirstCall/ — PXRE Group Ltd. today announced the filing of a supplement to the prospectus contained in the shelfregistration statement with respect to a public offering of 2.2 million of its common shares. Of […]
British investors baling out of US assets
THE dollar’s drop has prompted British investors to bale out of US assets at their fastest rate since the 1998 Asian crisis. The exodus has left analysts questioning whether investors’ love affair with US assets is over. Latest data from […]
A few bad apples taint mutual fund investing
GUEST OPINION A few bad apples taint mutual fund investing By JOHN T. McCARTHY Monday, December 1, 2003 Early in his tenure as chairman of the Securities and Exchange Commission, Arthur Levitt proclaimed that “in the fullness of time, the […]
Unit trusts put up market timing defences
Britain’s largest unit trust companies have been targeted by specialist market traders who attempt to skim off profits that might otherwise go to small private investors, using a practice called”market timing”. A Guardian survey of Britain’s top 10 unit trust […]
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 […]
In funds
In funds, it can be a matter of timing Arbitrageurs take advantage of price inefficiencies By KATHLEEN GALLAGHER [email protected], Journal Sentinel Sunday, November 30, 2003 To understand the wrongs that New York Attorney General Eliot Spitzer is trying to right […]