Tokyo, Nov. 13 (Jiji Press)–Stocks rose sharply on the Tokyo Stock Exchange Thursday morning, with technology stocks leading the way higher tracing the strength of their U.S. counterparts overnight. “Wall Street’s moves and foreign investors’ buying of Tokyo stocks were […]

SANTA CLARA, Calif.–(BUSINESS WIRE)–Nov. 13, 2003–High-tech companies attending the AeA Classic Financial Conference last week saw their stock prices rise an average of 8 percent as executives metwith investors November 2-5 at the 33rd annual AeA Classic held in San […]

Idaho board fires Strong Endowment fund fears investors may bail By KATHLEEN GALLAGHER [email protected], Journal Sentinel Thursday, November 13, 2003 The Idaho Endowment Fund Investment Board said Wednesday it has fired Strong Capital Management Inc. as one of its investment […]

NEW YORK–(BUSINESS WIRE)–Nov. 13, 2003–Building on the success of its 125-name investment-grade credit default swap index, iBoxx CDX.NA.IG, the iBoxx CDX consortium of eleven leading globaldealers today announced the launch of “iBoxx CDX.NA.HY”, a 100-name tradable index of credit default […]

Investing in the second act of the business drama of Michael Milken, the onetime king of junk bonds, has not been a rewarding experience for everyone. Just ask the shareholders of NexteraEnterprises, a company controlled by Milken and his brother, […]

THE STEELMAKER Corus has trampled on the pre-emption rights of its shareholders with yesterday’s hybrid share placing-cum-rights issue. But it is the hedge funds, who have been frantically sellingthe stock short in the past few months in the hope of […]

Nov. 13–When we think of pensions policy we tend to visualise dull actuaries in grey suits and bottle glasses poring over columns of figures. These are people who are very good with numbers, butclueless when it came to spotting the […]

Nov. 13–RALEIGH, N.C.–State Treasurer Richard H. Moore said he may cancel the state’s contracts with Alliance Capital, which is being investigated by state and federal regulators for possibleimproper trading. Alliance, the nation’s largest publicly traded money manager, oversees $6.43 billion […]

Nov. 13–N.C. Treasurer Richard Moore has ordered a review of the state pension plan’s business with Alliance Capital Management, which faces allegations of improper mutual fund trading. Moore has asked his chief investment adviser to look at whether probes by […]

WHEN we think of pensions policy we tend to visualise dull actuaries in grey suits and bottle glasses poring over columns of figures. These are people who are very good with numbers, but clueless when it came to spotting the […]

Tokyo, Nov. 12 (Jiji Press)–The key Nikkei average ended a tad higher on the Tokyo Stock Exchange Wednesday supported by brisk purchases of telecom issues, but the broad market showed a mixedperformance. The benchmark Nikkei average rebounded in the morning […]

DENVER (AP) — Janus Capital Group Inc., already under scrutiny by state and federal regulators for improper mutual fund trading, said Wednesday it also has been asked to submit information to theNational Association of Securities Dealers as part of a […]