<body.content> <block> <p>NEW YORK, Sept. 16 /PRNewswire/ — Kynikos Associates announced today that Jeffrey R. Perry has joined the firm as a Managing Director. Perry will alsoco-manage the new Kynikos Opportunity Fund along with Kynikos President, James Chanos. Chanos said, […]

NEW YORK (AP) – State and federal securities regulators filed criminal and civil charges Tuesday against a former employee of Bank of America over illegal mutual fund trading practices. New York Attorney General Eliot Spitzer announced felony larceny and securities […]

PPL Therapeutics, the former star of Scotland’s biotechnology industry, bowed to the inevitable yesterday as it put itself up for sale after failing to win sufficient backing from shareholders forits scaled-back business plan. Analysts doubt a buyer will be found […]

<body.content> <block> <p>Following is a summary of news releases transmitted between 10 a.m. and noon by PR Newswire. The full text of these releases is available at the PRNewswire for Journalists, http://media.prnewswire.com/.</p> <p style=”pre” id=”pre1″> CGTU047 09/16/2003 10:00 r f […]

Secretary of State William Galvin confirmed yesterday that his staff has launched a probe into possible improper fund trading at Putnam Investments in Boston. The Putnam inquiry is Galvin’s latest investigation into mutual fund trades and comes as the industry […]

DOLLY the sheep firm PPL Therapeutics caved in to pressure from hedge funds and put itself up for sale, the latest example of a British scientific breakthrough ending up a disappointment. Value investor and 21pc stakeholder Metage Capital was one […]

BOSTON (AP) – State securities officials were probing possible improper market timing at one of Putnam Investments’ international funds. Secretary of State William Galvin said Monday subpoenas were issued Thursday, regarding trades at the firm’s International Capital Opportunities Fund between […]

Controversies that are testing investors’ faith in the stock market are to be expected following an unprecedented 17-year economic expansion and run-up in U.S. markets. Corporate wrongdoing, investment malfeasance and exorbitant salaries and benefits don’t surprise James W. Brinkley, vice […]

BOSTON–(BUSINESS WIRE)–Sept. 16, 2003–Eze Castle Software (ECS), a leading provider of order management software (OMS), announced today that they signed their 30th new client for 2003. ECS nowservices more than 180 clients, with new client engagements including four successful replacements […]

Sep. 16–New York and federal officials are expected to announce criminal and civil charges today related to the widening mutual fund investigation that has ensnared several large companies,including Bank of America Corp. In a joint press conference scheduled for noon […]

<body.content> <block> <p>NEW YORK, Sept. 16 /PRNewswire/ — August hedge fund performance, as measured by the broad nine-strategy Standard &amp; Poor’s Hedge Fund Index(S&amp;P HFI), ended August positive with a 0.51% return.</p> <p>According to Standard &amp; Poor’s, most of August’s […]

State authorities filed criminal charges Tuesday against a former Bank of America broker allegedly at the center of illegal mutual fund trades they say cost investors tens of millions of dollars. Theodore Sihpol III, 36, surrendered to authorities was to […]