Hedge funds, those lightly regulated investments for the very affluent, have traditionally kept a low profile. But the funds are increasingly being promoted with coming-out parties. Wall Streetinvestment banks are sponsoring hundreds of invitation-only gatherings a year in places as […]

NEW YORK–(BUSINESS WIRE)–Aug. 26, 2003–It’s not an easy task. Leading the race as a biotech company not only requires competitive technology, it also requires strategic planning, operativepartnerships and plenty of capital. However, the challenges of running a biotech business today […]

BOSTON–(BUSINESS WIRE)–Aug. 26, 2003–Eagle Investment Systems Corp. announced today that Chief Executive Officer Jack Riley is retiring at the end of this year after co-founding the company morethan 13 years ago. David Palten, co-founder and president of Eagle, will assume […]

Deutsche fees stick to State State Street Corp. said yesterday that it has retained 88 percent of fees from the customers of the Deutsche Bank AG unit that it bought in January. The fees mean that State Street expects to […]

THE Technopreneurs Association of Malaysia (TeAM) and Malaysia Venture Capital Management Bhd (Mavcap) recently launched an education programme called “Excite The Entrepreneur (E2)”. E2 was launched at the Asia Pacific Institute of Information Technology in Technology Park Malaysia. It was […]

Netilla Networks, Inc., a leading provider of SSL VPN and secure application access management solutions, today announced that Masthead Venture Partners, LLC has become its latest investor. Masthead, a premier venture capital firm focused on information technology security investments, has […]

NEW YORK (AP) – U.S. stocks were set to open lower, with investors continuing to question whether recent upbeat data really is an indication of a turnaround in the markets. On Monday, the Dow Jones industrial average fell 31.23 points, […]

U.S. stocks were set to open lower, with investors continuing to question whether recent upbeat data really is an indication of a turnaround in the markets. The Commerce Department reported Tuesday that new orders for “durable” goods – costly manufactured […]

TOKYO (AP) – Tokyo’s benchmark share index rose modestly Tuesday, its first advance in three sessions on late gains by technology shares. The U.S. dollar was higher against the Japanese yen. The Nikkei Stock Average of 225 selected issues on […]

AUSTIN, Texas–(BUSINESS WIRE)–Aug. 25, 2003–Zilliant, a leader in strategic profit and revenue optimization (PRO) software, today announced that it has secured $14.5 million in new funding. Thisfinancing includes significant investments from new investor JP Morgan Partners, as well as from […]

European firms could lose E5-E10 billion in equity finance if new rules on bank capital are implemented, Europe’s main private equity association has warned. This latest in a series of attacks on the proposed rules comes from the submission of […]

AUSTIN, Texas–(BUSINESS WIRE)–Aug. 25, 2003– UWB Chipsets Will Enable Consumer Devices to Wirelessly Connect at Hundreds of Megabits Per Second Using Low Power and at Low Cost Alereon, a new Ultra wideband (UWB) semiconductor company, formally announced its launch today […]