Category Archives: HedgeCo News

Complacency, Leadership Vacuums Hurt Start-Up Companies; New White Paper Uncovers Common Pitfalls Undermining Technology Venture-Backed Boards

SAN FRANCISCO–(BUSINESS WIRE)–Nov. 6, 2003–Board members who are complacent, over-committed or unwilling to confront difficult issues can create major problems for the technology start-upcompanies they are supposed to be governing, a new white paper asserts. The white paper entitled, “After […]

Petrodata wins (pounds) 800,000 funding

PetroData has won (pounds) 800,000 venture capital funding to support an international sales push for the technology it has developed to allow oil and gas firms monitor wells remotely. TheAberdeen-based fledgling will use the funding to beef up its sales […]

Venture capital for automotive SMEs, NATION

xfdws VENTURE-CAPITAL sked Emerging Markets Datafile November 06, 2003 NATION THAILAND ENGLISH Venture capital for automotive SMEs, NATION ASIA WorldSources, Inc. 322 MASSACHUSETTS AVENUE 2ND FLOOR, NE WASHINGTON, DC 20002 COPYRIGHT 2003 BY WORLDSOURCES, INC., A JOINT VENTURE OF FDCH […]

San Jose Mercury News, Calif., Term Sheet Column

Nov. 6–VENTURE CAPITALISTS HOPEFUL OF UPSWING IN BUYING START-UPS: If the buzz about a pickup in corporate spending is true, venture capitalists might soon be able to save their hides. They’ll finally be able to sell some of their start-ups […]

Alliance Capital Receives Wells Notice

NEW YORK (AP) – Alliance Capital confirmed Thursday that federal regulators intend to take civil action against the money management firm’s mutual fund operations – the same operations New York stateregulators are expected to charge next week over improper fund […]

U.S. Bank Invests $100,000 in Northern Minnesota Economic Development Fund

Nov. 6–U.S. Bank has invested $100,000 in the Northeast Entrepreneur Fund in Virginia to help develop new businesses and jobs in northern Minnesota. This is the first time the Minneapolis-based bank has made an investment in community development funds that […]

Boca Raton, Fla., Firms Eyed in Mutual-Fund Probe

Nov. 5–A local company has become entangled in the growing scandal over illegal mutual-fund trading. Kaplan & Co. Securities Inc. in Boca Raton has not been charged, but has received a subpoena from the authorities for information involving allegations against […]

SEC: More Mutual Fund Charges Are Likely

The government is conducting a broad sweep of the mutual fund industry and more charges are likely in the growing scandal in the $7 trillion business, a top enforcement official said Tuesday. Stephen Cutler, head of the Securities and Exchange […]

SEC to Name Top Lawyer as Interim District Administrator in Boston

Nov. 5–The US Securities and Exchange Commission is expected to name one of its top lawyers, Peter H. Bresnan, as interim district administrator of its troubled Boston office, according to severalsecurities lawyers whose work brings them in contact with the […]

Experts Advise Investors on Picking Good, Bad Mutual Funds

Nov. 5–Many of the nation’s 95 million mutual fund investors are both confused and outraged to learn that the some of the funds were cheating them. A few fund shareholders have withdrawn their money; others are thinking about it; and […]

5 Former Prudential Brokers Face Probe

The growing mutual fund scandal hit Prudential Securities Inc. Tuesday as five former brokers and two former Boston branch managers were accused by regulators of improper trading, some of itallegedly hidden behind dummy names and numbers. The regulators painted a […]

Northwest: Cut-Rate Gamecube Selling Like Hot Cakes

Since being repriced at $99.99 just over a month ago, Nintendo’s GameCube video-game console has more than quadrupled its U.S. sales rate and has taken 18 points of market share from its twocompetitors, the company said. It had been selling […]