Category Archives: HedgeCo News

BISYS(R) and Open Solutions Inc.(R) Expand Strategic Business Relationship – Financial Services Technology Providers Form Closer Reseller Alliance –

<body.content> <block> <p>NEW YORK, Oct. 6 /PRNewswire/ — BISYS, a leading provider of business process outsourcing solutions for the financial services sector, and Open SolutionsInc., a provider of integrated enabling technologies for community banks and credit unions, today announced that […]

HKMA intervention `freezing arbitrage’, HONG KONG IMAIL

xfdws HKMA-INTERVENTION sked Emerging Markets Datafile October 06, 2003 HONG KONG IMAIL HONG KONG ENGLISH HKMA intervention `freezing arbitrage’, HONG KONG IMAIL Cathy Holcombe ASIA WorldSources, Inc. 322 MASSACHUSETTS AVENUE 2ND FLOOR, NE WASHINGTON, DC 20002 COPYRIGHT 2003 BY WORLDSOURCES, […]

TA Associates Invests $82 Million in GlobeOp Financial Services

BOSTON–(BUSINESS WIRE)–Oct. 6, 2003–TA Associates, a leading private equity and buyout firm, today announced that it has purchased a substantial minority interest in GlobeOp Financial Services(GFS). The $82 million investment involved the purchase of shares from the Company and existing […]

C-Chip Closes the First Tranche of an Equity Financing Expected to Total $1.4M

MONTREAL–(BUSINESS WIRE)–Oct. 6, 2003–C-Chip Technologies Corporation (OTCBB: CCHI) is pleased to announce that it has closed a tranche of approximately $900,000 in equity financing from a groupof investors, including a hedge fund focusing on emerging growth companies. C-Chip’s equity financing […]

Volatile Stock Market Keeps Investors Guessing

Oct. 6–The market is trading on tenterhooks. A little bit of bad news, and the Dow is down 100 points; a little bit of good news, and it’s up 200. It’s enough to make investors dizzy. The next three weeks […]

AME Info, Abu Dhabi, United Arab Emirates, Financial Briefs Column

Oct. 6–INDIA STOCKS LIKELY TO RISE FURTHER: NRI punters could be looking forward to a profitable week ahead with analysts projecting a third straight week of rise in Indian share prices. Incomingfunds and good crops, are among the factors that […]

Carlton-Granada merger proves a massive turn-on

ITV merger twins Carlton Communications and Granada enjoyed some big gains, with Trade and Industry Secretary Patricia Hewitt expected to give her blessing to the 4 billion deal this week. Granada led the top 100 companies higher with a rise […]

City jobs cheer as confidence increases

CITY firms are more confident than at any time for the past four years thanks to the stock market recovery and improved economic outlook, a survey showed today, writes Jane Padgham. The poll of financial services firms by the CBI […]

COSMO’S WORLD; Odds are, this is a winning bet

Who says you can’t feed a family by being a dreamer? Anthony Spadea is a dreamer. He’s been dreaming about thoroughbreds for 35 years. He’s been dreaming about winners and placers and even the occassional also-ran that just might get […]

Strong wants firm to be a big player

Strong wants firm to be a big player Fund company leader viewed as pushing edge By KATHLEEN GALLAGHER [email protected], Journal Sentinel Sunday, October 5, 2003 To many Strong Funds shareholders, he’s a patriotic guy who regularly offers up homespun anecdotes […]

The Miami Herald Money Matters Column

Oct. 5–The economy is strengthening. Profits have greatly improved. Chief financial officers report that they’re more optimistic than they’ve been in a year. For the first time since 2000, stockprices have moved up steadily. Employment could use some help, but […]

Markets: The week that was – Cheers for Man U die in City throats

Markets greeted October with a roar of approval as shares climbed higher on the back of reassuring economic news. US manufacturing was not in as bad a state as people had feared and the Tankan surveyof Japanese business confidence was […]