Category Archives: HedgeCo News
SS&C Adds Wexford Capital to Growing Hedge Fund Business
WINDSOR, Conn.–(BUSINESS WIRE)–Sept. 9, 2003–SS&C Technologies, Inc. (Nasdaq: SSNC) today announced that Wexford Capital LLC has successfully implemented AdvisorWare, its industry-leadinghedge fund software solution. Wexford is a prominent investment advisor based in Greenwich, CT, that serves the hedge fund and […]
WL Ross & Co. Purchases Marquis Who’s Who
NEW YORK–(BUSINESS WIRE)–Sept. 9, 2003–WL Ross & Co. announced today the acquisition of Marquis Who’s Who business and National Register Publishing titles from Reed Elsevier Inc. Marquis Who’sWho, founded in 1899, is the preeminent U.S. publisher of biographical information on […]
WorldCom Hearing Delayed
NEW YORK, Sept. 8 — A federal bankruptcy judge cut short the start of a hearing today on WorldCom Inc.’s plan to emerge from bankruptcy in order to give rival groups of creditors more time to negotiate a settlement and […]
The Bear Stearns Companies Inc. to Web Cast Its Investor Education Day
NEW YORK–(BUSINESS WIRE)–Sept. 9, 2003–The Bear Stearns Companies Inc. (NYSE: BSC) today announced that it will host an investor education day on Wednesday, October 1, 2003. Senior executives ofthe firm will discuss the various lines of business in which the […]
Bank of America promises to pay restitution
NEW YORK — Bank of America and the board of trustees of its Nations Funds family of mutual funds pledged Monday to make ”appropriate restitution” to mutual fund shareholders hurt by impropertrading practices. The move follows similar pledges by mutual […]
Tavakoli Exposes Post-Enron Dangers in New Structured Finance Book
<body.content> <block> <p>CHICAGO, Sept. 9 /PRNewswire/ — Caveat Emptor! New developments in structured finance make this warning more appropriate today than in the entire historyof finance. Collateralized Debt Obligations and Structured Finance is the essential navigation guide for finance professionals […]
State, Federal Regulators Spar about Authority over Securities Issues
Sep. 8–It is, at its core, a struggle with roots more than two centuries old: the federal government versus state authority. The issue, appropriately enough in a nation of stockholders, is how far states can go in setting rules on […]
Nightly Business Report
xfdce NIGHTLY-BUSINESS-REPO-00 Show: NIGHTLY BUSINESS REPORT> Date: September 8, 2003> Time: 18:30:00> Tran: 090800cb.118> Type: SHOW> Head: Nightly Business Report> Sect: Business> Byline: Paul Kangas, Susie Gharib> Guest: Cary Sherman, Alan Blinder> Spec: Business; Economy> Time: 00:00:00> PAUL KANGAS, NIGHTLY […]
Metatomix(TM), Inc. Closes $8.3 Million Venture Round to Bring Real-Time Visibility and Integration Software Technologies to Commercial and Government Markets
<body.content> <block> <p>WALTHAM, Mass., Sept. 8 /PRNewswire/ — Metatomix, Inc. (http://www.metatomix.com/) the global provider of real-time visibility and integration technology,today announced it has closed $8.3 million in a third round of funding. The round was led by new investor, Apex […]
Milberg Weiss Announces the Filing of a Class Action Suit against Bank of America Corp. Defendants and Canary on Behalf of Purchasers of the Securities of the Nations Funds Family of Funds
NEW YORK–(BUSINESS WIRE)–Sept. 8, 2003–The law firm of Milberg Weiss Bershad Hynes & Lerach LLP announces that a class action lawsuit was filed on September 8, 2003, on behalf of purchasers ofthe securities of the Nations Funds family of funds […]
Genstruct Completes $6.5 Million Series A Financing
<body.content> <block> <p>CAMBRIDGE, Mass., Sept. 8 /PRNewswire/ — Genstruct, a biological- mechanism discovery company, today announced the completion of $6.5M in Series Afinancing co-led by A. M. Pappas and Associates (Research Triangle Park, NC) and Flagship Ventures (Cambridge, MA). These […]
Odyssey Logistics & Technology Poised for Expansion; Completes $24.3 Million Private Equity Offering
DANBURY, Conn.–(BUSINESS WIRE)–Sept. 8, 2003– Leading Investors Demonstrate Confidence in Logistics Outsourcer Odyssey Logistics & Technology Corporation, a provider of outsourced transportation and logistics services to process manufacturers, announced today that it has completed the initial closing of a $24.3 […]