Monthly Archives: September 2003

TACOMA, Wash.–(BUSINESS WIRE)–Sept. 12, 2003–Frank Russell Company – One-Day Educational Forum Will Address Critical Issues Facing Both Trustees and Staff of Non-Profit Organizations – Agenda Will Focus on Investment and Spending Issues, Governance and Fiduciary Responsibilities, and Philanthropy in the […]

SHAREHOLDERS IN United Utilities, the North-west England water and electricity goliath, have until next Wednesday to mull over the group’s unexpected and complicated pounds 1bn rights issue, anddecide whether to fork out for the first tranche of new shares. They […]

CHICAGO–(BUSINESS WIRE)–Sept. 12, 2003–Zacks.com releases another list of stocks that are currently members of the coveted Zacks #1 Ranked list which has produced an average annual return of+33.6% since 1988 and has gained +13.3% annually since 2000 as the markets […]

This March share prices throughout the world were plumbing new depths as investors fretted over geopolitical tensions and the risks posed by deflationary forces. In the six months since then, worriesabout deflation seem to have evaporated. There is now a […]

OLD GREENWICH, Conn.–(BUSINESS WIRE)–Sept. 12, 2003–SoundView Technology Group, Inc. (NASDAQ: SNDV), parent of SoundView Technology Corporation, a research-driven securities firm, today announcedthat John Chalsty has been appointed to its Board of Directors. Mr. Chalsty fills the board seat which was […]

Sep. 12–Investor confidence is an early victim of New York Attorney General Eliot Spitzer’s mutual fund investigation which shows that money talks even in Everyman’s investing vehicle. The fraud probe, disclosed by Spitzer last week, will drive more investors to […]

Sep. 12–Some of Bank of America Corp.’s 134,000 employees are among the thousands of investors who may have lost money because of questionable trading practices in its mutual fund division. The Charlotte-based bank’s retirement-plan options for employees largely comprise bank […]

Two more suits filed against Strong Thursday, September 11, 2003 Two more class action lawsuits were filed Wednesday against Strong Capital Management Inc. in connection with New York Attorney General Eliot Spitzer’s allegations that the Menomonee Falls investment company allowed […]

Shareholders were given further reason not to back Royal & SunAlliance ‘ s pounds 960m rights issue yesterday after Standard & Poor’s said it had cut the credit rating of the troubledinsurance group’s US subsidiary to non-investment grade. S&P said […]

Tokyo, Sept. 11 (Jiji Press)–Stocks tumbled on the Tokyo Stock Exchange Thursday as a broad range of issues were clobbered by sales triggered by U.S. stocks’ fall overnight. “A sharp fall of the Nasdaq composite index provided a good opportunity […]

CAMBRIDGE, Mass.–(BUSINESS WIRE)–Sept. 11, 2003–Artisoft(R), Inc. (NASDAQ: ASFTC), developer of the first software-based phone system, today announced the closing of its financing previouslyannounced on June 30, 2003. In the financing, Artisoft sold an aggregate of 2,627,002 shares of its Series […]

CHARLOTTE, N.C. (AP) – Bank of America Corp. has apparently begun firing employees suspected of having been involved in improper mutual fund trading which is being investigated by New York stateAttorney General Eliot Spitzer. The Wall Street Journal reported Thursday […]