Category Archives: HedgeCo News
Jeff Perry to join Kynikos Associates as Managing Director, and as Co-Manager of The Kynikos Opportunity Fund
NEW YORK–(BUSINESS WIRE)–Sept. 16, 2003–Kynikos Associates announced today that Jeffrey R. Perry has joined the firm as a Managing Director. Perry will also co-manage the new Kynikos OpportunityFund along with Kynikos President, James Chanos. Chanos said, “We are very excited […]
TNI Securities Announces Partnership with Leading Independent Research Firm
<body.content> <block> <p>CHICAGO, Sept. 16 /PRNewswire/ — TNI Securities ( http://www.tnisecurities.com/ ), a division of Terra Nova Trading, L.L.C., is pleased to announce a newpartnership with Foresight Investment Solutions, LLC ( http://www.fispartners.com/ ), a leading independent research firm headquartered in […]
Mass. Regulators Seek Putnam Documents
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 January and September […]
Charges Planned in N.Y. Mutual Fund Case
State and federal securities regulators have prepared criminal and civil charges against a former employee of Bank of America over illegal mutual fund trading practices, a source familiar with thecase said Tuesday. New York Attorney General Eliot Spitzer planned an […]
Daily data to shine spotlight on short-selling
Investors in Ireland’s leading stocks will be able to gauge real demand for their shares more accurately from the end of this month when figures on short-selling will be published for the first time. CrestCo, the company that electronically settles […]
Criminal, civil charges filed against Bank of America employee in
NEW YORK (AP) — State officials Tuesday filed the first criminal counts in their investigation of mutual fund trading practices, charging a former Bank of America employee with grand larceny andsecurities fraud. New York Attorney General Eliot Spitzer announced the […]
Thai property mart draws HK throngs, NATION
xfdws THAI-PROPERTY-MART sked Emerging Markets Datafile September 16, 2003 NATION THAILAND ENGLISH Thai property mart draws HK throngs, NATION Itthi C Tan ASIA WorldSources, Inc. 322 MASSACHUSETTS AVENUE 2ND FLOOR, NE WASHINGTON, DC 20002 COPYRIGHT 2003 BY WORLDSOURCES, INC., A […]
Fighting to save its bacon
PPL Therapeutics is best known for cloning Dolly the sheep in 1996, but its first major breakthrough in the laboratory came six years earlier with the birth of Tracy the transgenic sheep, whoproduced human protein in her milk. Tracy passed […]
PPL forced on to the market as directors quit and losses soar; After job losses, decision comes as no surprise to observers
PPL, Scotland’s former biotech flagship, has given up the fight to remain independent after investors rejected plans to re-organise the business around its Fibrin I surgical sealant. The company has already been through a drastic downsizing after putting development of […]
Charges Filed in N.Y. Mutual Fund Case
NEW YORK (AP) – State and federal authorities filed criminal and civil charges Tuesday against a former employee of Bank of America over illegal mutual fund trades they say cost investors tens ofmillions of dollars. Theodore Sihpol III, 36, surrendered […]
Kaplan Fox Announces Class Action Lawsuit on Behalf of Janus Mutual Fund Purchasers
NEW YORK–(BUSINESS WIRE)–Sept. 15, 2003–Kaplan Fox & Kilsheimer LLP (kaplanfox.com) filed a class action against Janus Capital Group, Inc., Janus Capital Management, LLC., Janus High-YieldFund (JAHYX) and Janus Mercury Fund (JAMRX), in the District Court, City and County of Denver, […]
Dolly-the-Sheep firm puts itself up for sale
DOLLY-the-Sheep company PPL Therapeutics shocked the City today by putting itself up for sale with three of its senior directors, led by chief executive Geoff Cook, stepping down immediatelyalongside two non-executive directors. KPMG Corporate Finance is to handle the sale. […]