Monthly Archives: February 2004

TAKEOVER TALKS may soon be back on the cards at Goshawk, the general insurer, if the latest stock market gossip is to be believed. Dealers reckon a predator has been running the slide rule over thegroup in recent weeks and […]

NEW YORK (AP) — A former executive of the Canadian Imperial Bank of Commerce was arrested and arraigned on charges of arranging financing for an improper trading scheme that stole more than $2million from two mutual funds. Paul A. Flynn, […]

NEW YORK (AP) – A former executive of the Canadian Imperial Bank of Commerce was arrested and arraigned Tuesday on charges of arranging financing for an improper trading scheme that stole more than$2 million from two mutual funds. Paul A. […]

Federated Investors Inc. will take a $20 million charge on fourth-quarter earnings to establish a fund for investors and pay for an internal review of mutual fund trading practices, the companyannounced Tuesday. Federated also said it had punished three officers, […]

Feb. 3–GULF TANKER RATES CLIMB ON DEMAND: Gulf supertanker rates have risen on demand for March cargoes and limited availability. About 25 tankers are likely to take on cargo in the Gulf next month.At just nine, only a fraction of […]

WEST PALM BEACH, FL (HEDGECO.NET) – The strength and economic growth occurring in China has surprised many market observers. While the Chinese Communist government continues to wield political power,Chinese economy is increasingly integrating with international economies at an astonishing pace. […]

WEST PALM BEACH, FL (HEDGECO.NET) – Officials of the Canadian Imperial Bank of Commerce [CIBC] have pledged their full cooperation to Securities and Exchange regulators looking into the question ofan estimated $1 billion provided by the bank for some investors […]

NEW YORK (AP) — Crude oil futures gained nearly $2 Monday, settling 5.8 percent higher with the highest penny-for-penny gain since Oct. 12, 2000, in a rally inspired by refinery problems amidrecord-low crude oil inventories. Light, sweet March crude oil […]

Feb. 2–Like most of you, I’ve been trying to figure out where this market is going. Both the bull and the bear case are easy to understand. The only question is — which one wins. The bull case is simple. […]

Feb. 1–The tax rate on dividend income has been cut to 15 percent–a nice break for investors. But here’s an important question: Do you know where your stocks are? Wall Street has some explaining to do. You won’t get a […]

WEST PALM BEACH, FL (HEDGECO.NET) – What are ETFs one may ask? ETF is an acronym which stands for Exchange Traded Funds, they are index funds which trade on stocks, they are fairly new, and have beenavailable for trading in […]

Growing numbers of investment firms are quietly financing promising hedge-fund managers, much as venture capitalists underwrite risky start-ups in the hope that some will strike it rich. Hedge-fundexecutives estimate that at least 30 providers of seed capital have emerged in […]