Monthly Archives: September 2003

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) […]

Sep. 18–Hidden on the top floor of a historic Greenwich office building, a business owned by two brothers is making friends with some of the largest corporations in the nation. Listed on the National Historical Register, The Maher Building at […]

NEWS THAT Liberty International had launched a pounds 240m convertible bond yesterday immediately set tongues wagging in the City on the issue of what the property group is going to do with the cashits raises. Although Liberty, whose shares ended […]

NEW YORK, NY — (MARKET WIRE) — 09/17/2003 — A class action lawsuit was commenced in the Northern District of Illinois, Eastern Division, on behalf of all purchasers, redeemers and holders ofmutual fund shares or other ownership interests of one […]

Sep. 17–A former high-flying Connecticut hedge fund company that once purported to have $1 billion in assets has apparently scorched several well-heeled Texans including Dallas’ Morton H. Meyersonand other prominent investors for millions of dollars. The Securities and Exchange Commission […]

NEW YORK – As regulators step up their probe into allegations of improper activity by mutual funds, a new study suggests illegal late trading may be more widespread than previously reported. The study by Stanford University Prof. Eric Zitzewitz found […]

NEW YORK (AP) – U.S. university endowments produced positive investment returns in the last school year as they shifted more money into a rising stock market, according to a survey released Wednesdayby the Commonfund Institute. Commonfund, a Wilton, Conn., investment […]

Sep. 17–Once again, Wall Street finds itself under suspicion. More calls poured in Tuesday for the resignation of New York Stock Exchange chairman Richard Grasso over his hefty pay package. And the first criminal charges were filed in an expanding […]

Sep. 17–The first charges were filed Tuesday in the sweeping investigation of mutual fund trading practices that allegedly cost investors hundreds of millions of dollars, and authorities signaledmore are likely to follow. Former Banc of America Securities broker Theodore Sihpol […]

<body.content> <block> <p>NEW YORK, Sept. 17 /PRNewswire-FirstCall/ — The law firm of Milberg Weiss Bershad Hynes &amp; Lerach LLP announces that a class action lawsuit wasfiled in the District of Colorado on September 16, 2003, on behalf of purchasers of […]

Three investors have sued the Janus mutual funds company in federal court, accusing it of illegal trading practices that harmed shareholders. One suit alleges favored customers of the Denver-based company were allowed to “time” their mutual fund trades. The suit, […]

NEW YORK – State authorities filed criminal charges Tuesday against a former Bank of America broker allegedly at the center of illegal mutual fund trades they say cost investors tens of millions ofdollars. Theodore Sihpol III, 36, surrendered to authorities […]