Monthly Archives: September 2003
WL Ross & Co. Purchases Marquis Who’s Who
NEW YORK–(BUSINESS WIRE)–Sept. 9, 2003–WL Ross & Co. announced today the acquisition of Marquis Who’s Who business and National Register Publishing titles from Reed Elsevier Inc. Marquis Who’sWho, founded in 1899, is the preeminent U.S. publisher of biographical information on […]
SS&C Adds Wexford Capital to Growing Hedge Fund Business
WINDSOR, Conn.–(BUSINESS WIRE)–Sept. 9, 2003–SS&C Technologies, Inc. (Nasdaq: SSNC) today announced that Wexford Capital LLC has successfully implemented AdvisorWare, its industry-leadinghedge fund software solution. Wexford is a prominent investment advisor based in Greenwich, CT, that serves the hedge fund and […]
ModelStation v1.6 Delivers Breakthrough Strategy Backtesting and Optimization Performance for Active Fund Managers
BOCA RATON, Fla.–(BUSINESS WIRE)–Sept. 9, 2003–ClariFI, a leading provider of quantitative research and risk solutions, announced today the release and general availability of ModelStation(TM)v1.6. According to company officials, ModelStation(TM) v1.6 heralds a new generation of strategy backtesting with its powerful, […]
ModelStation v1.6 Delivers Breakthrough Strategy Backtesting and Optimization Performance for Active Fund Managers
BOCA RATON, Fla.–(BUSINESS WIRE)–Sept. 9, 2003–ClariFI, a leading provider of quantitative research and risk solutions, announced today the release and general availability of ModelStation(TM)v1.6. According to company officials, ModelStation(TM) v1.6 heralds a new generation of strategy backtesting with its powerful, […]
CEOs’ Confidence in Economy Posts Significant Gain
SAN DIEGO–(BUSINESS WIRE)–Sept. 9, 2003– Nation’s Business Leaders Share Views on Economic Recovery, Impact of 9/11 and Military Situation in Iraq in Q3 TEC Confidence Index TEC International (http://info.teconline.com), the world’s largest organization of CEOs, today released Q3 results of […]
CEOs’ Confidence in Economy Posts Significant Gain
SAN DIEGO–(BUSINESS WIRE)–Sept. 9, 2003– Nation’s Business Leaders Share Views on Economic Recovery, Impact of 9/11 and Military Situation in Iraq in Q3 TEC Confidence Index TEC International (http://info.teconline.com), the world’s largest organization of CEOs, today released Q3 results of […]
Bank of America to Reimburse Investors Hurt by Illegal Mutual Fund Trades
Sep. 9–Bank of America Corp. said Monday it will reimburse investors who may have lost money because of questionable trading practices in its mutual fund division. The announcement comes days after New York Attorney General Eliot Spitzer alleged that Bank […]
Lawsuit Filed against Wisconsin Mutual Fund Firm on Behalf of New York Group
Sep. 9–A Brooklyn congregation’s class action lawsuit against Strong Capital Management Inc. is likely the first of many legal actions the Menomonee Falls investment company will face in the wake ofallegations made last week by New York Attorney General Eliot […]
When the IMF came to town, time to clear the baggage and move on
IN A meeting with International Monetary Fund (IMF) officials just ahead of its managing director Dr Horst Kohler’s visit last week, the question that surfaced most was, what do Malaysians think ofthe IMF? Are they still angry with the IMF? […]
Bank of America says it’s prepared to reimburse shareholders
CHARLOTTE, N.C. (AP) — Bank of America Corp. said it is prepared to make “appropriate restitution” to shareholders who might have lost money because of improper trading of mutual fund shares atits Nations Funds business. The Charlotte-based bank also said […]
Bank of America promises to pay restitution
NEW YORK — Bank of America and the board of trustees of its Nations Funds family of mutual funds pledged Monday to make ”appropriate restitution” to mutual fund shareholders hurt by impropertrading practices. The move follows similar pledges by mutual […]
WorldCom Hearing Delayed
NEW YORK, Sept. 8 — A federal bankruptcy judge cut short the start of a hearing today on WorldCom Inc.’s plan to emerge from bankruptcy in order to give rival groups of creditors more time to negotiate a settlement and […]