<body.content> <block> <p>MONTREAL, Nov. 26 /PRNewswire/ — Chronogen Inc., a drug discovery company developing therapeutics to treat highly prevalent age-dependent diseases, todayannounced an initial closing of $17 million (CAN) in an ongoing series B financing. This new round of financing […]

xfdce CNNfn-MARKET-CALL-08 Show: MARKET CALL> Date: November 25, 2003> Time: 09:00:00> Tran: 112508cb.l05> Type: INTERVIEW> Head: Ask Jeeves — CEO, CNNfn> Sect: Business> Byline: Rhonda Schaffler, Douglas Lane> Guest: Steve Berkowitz> Spec: Business; Internet Services; ASKJ (Nasdaq); SIC: 7379> Time: […]

Nov. 25–Investors have pulled billions of dollars out of mutual funds implicated in recent scandals. Yet, some are not sure whether to pull the plug and move on to one of about 10,000 other funds orhold on to what they […]

ALBANY, N.Y. (AP) – The first criminal charges in the mutual fund scandal were filed Tuesday by New York’s attorney general, accusing three former top executives at Security Trust Co. with “pervasivemisconduct” in a late-trading scheme that cost investors $1 […]

<body.content> <block> <p>NEW YORK, Nov. 25 /PRNewswire/ — Barclays Capital, the investment banking division of Barclays PLC, announced the appointments of Allyson Kay and TomLeonard as Directors in Foreign Exchange Sales. Responsible for expanding the firm’s institutional client coverage, they […]

NEW YORK (AP) – Three former top executives at Security Trust Co. were charged Tuesday with acting as middlemen in an illegal trading scheme that cost investors $1 million, and authorities orderedthe company to shut down. Those charged with felonies […]

<body.content> <block> <p>TORONTO, Nov. 25 /PRNewswire/ — SOLCORP, a leading provider of software solutions to the life insurance and financial industries and a subsidiary of EDS ,announced today the successful implementation of SOLCORP / E-LINKS at National Life. The solution […]

<body.content> <block> <p>NEW YORK, Nov. 25 /PRNewswire/ — With hedge funds gaining popularity, many traditional financial services firms have embraced their potential and haveattempted to incorporate them into their product offerings. Insurance firms have led the way by merging the […]

The Dublin market was again the poor relation of the European exchanges yesterday, with Irish shares closing more or less unchanged as other markets posted gains of more than 1 per cent. First Active was one of the busiest domestic […]

TWO London dealers who quit JP Morgan three years ago to set up their own hedge fund business clinched a deal today which values their firm at 420 million, writes Patrick Hosking. Mike Platt and Bill Reeves have sold 25% […]

Shares in First Active dropped well below the price offered by Royal Bank of Scotland (RBS) in its takeover bid yesterday after it emerged that the transaction could be referred to the CompetitionAuthority. RBS has the right to walk away […]

FUND manager Amvescap has confirmed it is facing punishment in connection with the mutual fund scandal sweeping across the US, writes Patrick Hosking. London-listed Amvescap, best known in Britain for its Perpetual and Invesco brands, faces fines from the Securities […]