Monthly Archives: September 2003
Tokyo Stocks Stretch Gains in Morning
Tokyo, Sept. 19 (Jiji Press)–Stocks stretched gains on the Tokyo Stock Exchange Friday morning, supported by continued active buying of such issues as banks amid an ongoing global fund inflow intothe Japanese market. “Abundant funds flowing into Japan have nowhere […]
Tokyo Stocks Stretch Gains in Morning
Tokyo, Sept. 19 (Jiji Press)–Stocks stretched gains on the Tokyo Stock Exchange Friday morning, supported by continued active buying of such issues as banks amid an ongoing global fund inflow intothe Japanese market. “Abundant funds flowing into Japan have nowhere […]
Tokyo Stocks Seen to Retain Strength Next Week
Tokyo, Sept. 19 (Jiji Press)–Tokyo stocks are expected to retain their strength next week amid growing optimism about Japan’s economic fundamentals and corporate earnings. “The market’s uptrend will remain unchanged while there is the possibility that profit taking will gain […]
Tokyo Stocks Seen to Retain Strength Next Week
Tokyo, Sept. 19 (Jiji Press)–Tokyo stocks are expected to retain their strength next week amid growing optimism about Japan’s economic fundamentals and corporate earnings. “The market’s uptrend will remain unchanged while there is the possibility that profit taking will gain […]
Barrack Rodos & Bacine Announces the Filing of a Class Action Suit Against Strong Financial Corp. Defendants and Canary Defendants on Behalf of Purchasers of the Securities of the Strong Funds Family of Funds
<body.content> <block> <p>PHILADELPHIA, Sept. 19 /PRNewswire/ — Counsel for Class Plaintiffs, Barrack, Rodos & Bacine, today issued the following:</p> <p>Aclass action has been commenced in the United States District Court for the District of New Jersey on behalf of purchasers […]
Barrack Rodos & Bacine Announces the Filing of a Class Action Suit Against Strong Financial Corp. Defendants and Canary Defendants on Behalf of Purchasers of the Securities of the Strong Funds Family of Funds
<body.content> <block> <p>PHILADELPHIA, Sept. 19 /PRNewswire/ — Counsel for Class Plaintiffs, Barrack, Rodos & Bacine, today issued the following:</p> <p>Aclass action has been commenced in the United States District Court for the District of New Jersey on behalf of purchasers […]
Longwood, Fla., Securities Firm Questioned in Hedge-Fund Case
Sep. 19–A Central Florida securities firm has been drawn into the high-profile case of Canary Capital Partners, the New Jersey-based hedge fund accused by New York authorities of conducting animproper multimillion-dollar mutual-fund trading scheme. Empire Financial Group Inc. of Longwood […]
Strong Capital Management Hires Outsiders to Explore Trading Allegations
Sep. 19–Richard S. Strong, founder and chairman of Strong Capital Management Inc., said Thursday that his firm has hired outside professionals to carry out an internal review related to New YorkAttorney General Eliot Spitzer’s allegations of improper trading. Thursday was […]
Rabin, Murray & Frank LLP Commences Class Action Against Janus Capital Group Inc. and Canary on Behalf of Purchasers of The Securities of The Janus Family of The Funds
Rabin, Murray & Frank LLP Commences Class Action Against Janus Capital Group Inc. and Canary on Behalf of Purchasers of The Securities of The Janus Family of The Funds NEW YORK, Sept. 19, 2003 (PRIMEZONE) — A class action lawsuit […]
High-yield bonds tipped to stay strong, HONG KONG IMAIL
xfdws HIGH-YIELD-BONDS sked Emerging Markets Datafile September 18, 2003 HONG KONG IMAIL HONG KONG ENGLISH High-yield bonds tipped to stay strong, HONG KONG IMAIL Foster Wong ASIA WorldSources, Inc. 322 MASSACHUSETTS AVENUE 2ND FLOOR, NE WASHINGTON, DC 20002 COPYRIGHT 2003 […]
Bear Stearns Reports Third Quarter 2003 Earnings of $2.30 Per Share, Up 87.0% from Third Quarter 2002
NEW YORK–(BUSINESS WIRE)–Sept. 18, 2003– <pre><br> Net Income up 90.6% to $313.4 Million, Nearly Doubling from $164.4<br> Million in Third Quarter 2002<br><br>Pre-Tax Profit Margin Hits 32.5%<br><br> Quarterly ROE 21.3% : Trailing 12-Month ROE 19.0%<br></pre> The Bear Stearns Companies Inc. (NYSE:BSC) […]
Spitzer targets broker Criminal charges in mutual fund case
A former broker at Bank of America has been charged with larceny and securities fraud, accused of helping a hedge fund engage in after-hours trading of mutual fund shares. The broker, Theodore Sihpol3rd, is the first to face criminal charges […]