Category Archives: HedgeCo News

The BISYS(R) Group, Inc. to Provide Webcast of FY’04 First Quarter Earnings

<body.content> <block> <p>NEW YORK, Oct. 15 /PRNewswire-FirstCall/ — BISYS, a leading provider of business process outsourcing solutions for the financial services sector, todayannounced that a live simulcast and replay of its fiscal year 2004, first quarter earnings conference call will […]

Morgan Stanley Faces Possible SEC Action

The Securities and Exchange Commission is contemplating civil action against Morgan Stanley for its mutual fund sales practices, the company said Tuesday in a regulatory filing. The company also confirmed that it was subpoenaed by New York Attorney General Eliot […]

Wisconsin Firm Ademi & O’Reilly, LLP Announces the Filing of a Class Action Suit in the United States District Court for the Eastern District of Wisconsin Against Strong Financial Corporation Defendants and Canary on Behalf of Purchasers of the Securi

Wisconsin Firm Ademi &amp; O’Reilly, LLP Announces the Filing of a Class Action Suit in the United States District Court for the Eastern District of Wisconsin Against Strong Financial CorporationDefendants and Canary on Behalf of Purchasers of the Securities of […]

Philadelphia Lender Completes $450 Million in Borrowings

Oct. 15–American Business Financial Services said yesterday it completed $450 million in borrowings, easing a cash crunch at the lender specializing in high-risk mortgage loans. “We’re breathing easier this afternoon,” said Albert Mandia, the Center City company’s executive vice president […]

Bank One’s mutual-funds chief quits amid internal probe, Bear

CHICAGO (AP) — The head of the mutual fund unit at Bank One Corp. has resigned as part of several management changes made following allegations that the company allowed improper trading, the banksaid Wednesday. Bank One chairman and CEO Jamie […]

PART 1 OF 2, BlackRock, Inc. Reports 19% Increase in Assets Under Management to $293.5 Billion; Third Quarter Diluted E.P.S. Rises 20% to $0.61 Per Share Including Impact of FIN 46

NEW YORK–(BUSINESS WIRE)–Oct. 15, 2003–BlackRock, Inc. (NYSE: BLK) today reported consolidated net income of $40.1 million for the third quarter and $114.1 million for the nine months endedSeptember 30, 2003, a 21% increase compared with $33.2 million earned in the […]

Bank One Exec Quits Amid Internal Probe

The head of the mutual fund unit at Bank One Corp. has resigned as part of several management changes made following allegations the company allowed improper trading, the bank said Wednesday. Bank One chairman and CEO Jamie Dimon announced the […]

Wisconsin Firm Ademi & O’Reilly, LLP Announces the Filing of a Class Action Suit in the United States District Court for the Eastern District of Wisconsin Against Strong Financial Corporation Defendants and Canary on Behalf of Purchasers of the Securi

Wisconsin Firm Ademi &amp; O’Reilly, LLP Announces the Filing of a Class Action Suit in the United States District Court for the Eastern District of Wisconsin Against Strong Financial CorporationDefendants and Canary on Behalf of Purchasers of the Securities of […]

Nightly Business Report

xfdce NIGHTLY-BUSINESS-REPO-00 Show: NIGHTLY BUSINESS REPORT> Date: October 15, 2003> Time: 18:30:00> Tran: 101500cb.118> Type: SHOW> Head: Nightly Business Report> Sect: Business> Byline: Susie Gharib, Jeff Yastine> Guest: Kathy Kristof> Spec: Business; Economy> Time: 00:00:00> SUSIE GHARIB, NIGHTLY BUSINESS REPORT […]

Morgan Stanley Faces Possible SEC Action

The Securities and Exchange Commission is contemplating civil action against Morgan Stanley for its mutual fund sales practices, the company said Tuesday in a regulatory filing. The company also confirmed that it was subpoenaed by New York Attorney General Eliot […]

Wisconsin Firm Ademi & O’Reilly, LLP Announces the Filing of a Class Action Suit in the United States District Court for the Eastern District of Wisconsin Against Strong Financial Corporation Defendants and Canary on Behalf of Purchasers of the Securi

Wisconsin Firm Ademi &amp; O’Reilly, LLP Announces the Filing of a Class Action Suit in the United States District Court for the Eastern District of Wisconsin Against Strong Financial CorporationDefendants and Canary on Behalf of Purchasers of the Securities of […]

Bank of America’s Earnings Up 30 Percent

Bank of America Corp. said Tuesday that its profits rose more than 30 percent in the third quarter, driven by across-the-board gains in the bank’s major businesses. Net income totaled $2.92 billion, or $1.92 per share, in the July-September period, […]