Monthly Archives: September 2003
Financial scandals will always be with us
Avrum D. Lank Financial scandals will always be with us By AVRUM D. LANK of the Journal Sentinel staff Sunday, September 21, 2003 John Sharpless, a history professor at the University of Wisconsin-Madison, likes to tell a story about a […]
Time to bail on targeted mutual fund firms?
MARKETS Time to bail on targeted mutual fund firms? Morningstar recommends selling Strong, others, but some disagree By KATHLEEN GALLAGHER [email protected], Journal Sentinel Sunday, September 21, 2003 Some mutual fund investors aren’t waiting for any more news — they’ve decided […]
Alternative investments to stocks
401(k) ADVISER Alternative investments to stocks, bonds may be best now for a 401(k) By MICHAEL J. FRANCIS Sunday, September 21, 2003 Over the past 20 years, 401(k) investors have invested almost entirely in U.S. stocks and bonds, but a […]
Legendary Oilman Boone Pickens Redeploys His Expertise in Energy
Sep. 21–As Boone Pickens and his team file into their Dallas conference room, Hurricane Isabel plows across the Atlantic. Will the storm continue barreling toward the northeastern United States? Or will it veer back toward the Gulf of Mexico, disrupting […]
Thrown for loss?; Investors feeling a bit unsettled over probes
Recent headlines about mutual fund trading scandals may have left investors wondering what to do if their money is tied up in funds entangled in the mess. A rash decision to dump the funds – run by Bank of America, […]
Notebook: Fidelity holds the key to the grocer’s future Decision day approaches
This time next week we should have a far better idea about the fate of Safeway. The competition commission’s conclusions about who should be allowed to bid for Britain’s fourth biggest grocer areexpected on Thursday or Friday – and it […]
BUSINESS in Brief
Departure ends Motorola era CHICAGO – Motorola Inc.’s CEO unexpectedly quit yesterday after clashing with the board over strategy, ending three generations of Galvin family control at the world’s No. 2 mobile phone maker. Motorola said Christopher Galvin, 53, cited […]
Wisconsin Treasurer Pressures Financial Firm to Make Up Losses to Investors
Sep. 20–State Treasurer Jack Voight stepped up the pressure on Strong Capital Management Friday, calling on the Menomonee Falls-based company to make up any losses it might have caused investors inthe EdVest college savings program and pledging to address the […]
Nations Funds Trustees Defend Oversight of Assets
Sep. 20–In some of their first interviews since Bank of America Corp. was cast into the glare of a mutual fund investigation, several Nations Funds trustees told the Observer this week that they dideverything they could to protect shareholders. Board […]
Investment spotlight: Fund of funds reduces the risk while boosting your wealth
MANAGER of managers? Multi-manager? Fund of funds? They are three interchangeable concepts that retail investors are going hear a lot more often in future. For simplicity, we refer to fund of funds. Fund of funds’ share of the fund market […]
Asahi Glass Sold on TSE on Rumor, Nippon Electric Glass Up
Tokyo, Sept. 19 (Jiji Press)–Asahi Glass Co. shares met with selling on the Tokyo Stock Exchange Friday morning on a rumor that a defect has been found in the company’s production line for glasssubstrates for liquid crystal displays. At its […]
Asahi Glass Sold on TSE on Rumor, Nippon Electric Glass Up
Tokyo, Sept. 19 (Jiji Press)–Asahi Glass Co. shares met with selling on the Tokyo Stock Exchange Friday morning on a rumor that a defect has been found in the company’s production line for glasssubstrates for liquid crystal displays. At its […]