Monthly Archives: August 2003

Stocks surrendered strong early gains to close virtually flat yesterday as Wall Street opened lower and technical analysts fretted over the US rally running out of steam. The FTSE 100 ended just 1.7points firmer at 4,100.1 with the FTSE 250 […]

SANTA CLARA, Calif.–(BUSINESS WIRE)–Aug. 5, 2003–WhiteHat Security(TM), the expert in delivering web application security software services, today announced the appointment of Jess Marzak as thecompany’s new chief operating officer. Mr. Marzak will oversee the company’s long-range planning and strategy in […]

Aug. 5–Emboldened by high returns, the guardians of the endowment at the University of North Carolina at Chapel Hill are getting into the money management business. The state’s oldest university endowment, which has $1.1 billion in assets, recently converted itself […]

Aug. 5–Emboldened by high returns, the guardians of the endowment at the University of North Carolina at Chapel Hill are getting into the money management business. The state’s oldest university endowment, which has $1.1 billion in assets, recently converted itself […]

Aug. 5–Infinera, a Sunnyvale optical networking equipment start-up in deep stealth mode, said it raised $53 million in investment from a slew of venture capital firms, one of the biggest fundings ofthe year for the telecommunications industry. The bet is […]

Economy watchers scouting for signs of recovery can look to the resurgence of investing activity in the second quarter. According to The MoneyTree Survey by PricewaterhouseCoopers, Thomson VentureEconomics and the National Venture Capital Association, venture capitalists loosened their purse strings. […]

San Diego’s life sciences companies led the way with $96 million in total venture capital received during the second quarter. Those firms with products in late-stage development and nearingcommercialization will have the best chance to continue to attract investors, said […]

With millions of dollars in venture capital on hand, a White Plains semiconductor company said it will spend the next year bringing to market a new technology that promises to change how the worlduses cell phones, PDAs and other wireless […]

the British director the fast-food giant has entrusted with the humongous task of putting on film the soon-to-debut “I’m Loving It” global advertising campaign, believed to be the biggest, andcertainly the most ambitious, marketing effort in McDonald’s history. Who is […]

even the nation’s top central bankers seem to like them. A new report shows that mutual funds are a big part of the portfolios of six of seven governors who oversee the Federal Reserve System. Thelone exception is Fed Chairman […]

economic development, dropped at least 17 percent in the second quarter, according to Growthink Research, a leading investment research firm based in California. It reported that $49.7 million wasraised here, compared with $60 million in the first quarter. About $4.2 […]

Aug. 4–The general partner for Stark Investments LP has filed a lawsuit against Verizon Communications Inc. that accuses the telecommunications giant of deliberately failing to honor the provisionsof a merger agreement and fraudulently forcing out of business the company it […]