Monthly Archives: September 2003
Genstruct Completes $6.5 Million Series A Financing
<body.content> <block> <p>CAMBRIDGE, Mass., Sept. 8 /PRNewswire/ — Genstruct, a biological- mechanism discovery company, today announced the completion of $6.5M in Series Afinancing co-led by A. M. Pappas and Associates (Research Triangle Park, NC) and Flagship Ventures (Cambridge, MA). These […]
Metatomix(TM), Inc. Closes $8.3 Million Venture Round to Bring Real-Time Visibility and Integration Software Technologies to Commercial and Government Markets
<body.content> <block> <p>WALTHAM, Mass., Sept. 8 /PRNewswire/ — Metatomix, Inc. (http://www.metatomix.com/) the global provider of real-time visibility and integration technology,today announced it has closed $8.3 million in a third round of funding. The round was led by new investor, Apex […]
State, Federal Regulators Spar about Authority over Securities Issues
Sep. 8–It is, at its core, a struggle with roots more than two centuries old: the federal government versus state authority. The issue, appropriately enough in a nation of stockholders, is how far states can go in setting rules on […]
Daily News, New York, Guerrilla Investing Column
Sep. 8–When I was in graduate school, I noticed two classmates, both of whom happened to be relatives of right wing dictators, copying my answers. When I confronted them about the cheating, one replied, “Pedro, my family owns Nicaragua. His […]
A Candid Interview with Leveraged Buyout Legend Tom Hicks
<body.content> <block> <p>WELLESLEY, Mass., Sept. 7 /PRNewswire/ — Thomas O. Hicks, CEO and Chairman of Hicks, Muse, Tate & Furst Inc., a global private investment firmspecializing in leveraged acquisitions, will be in the spotlight at the Private Equity Analyst Conference […]
Bridging tech funding gap
THE Technopreneurs Association of Malaysia (TeAM) has submitted various proposals to the Government for the provision of more seed- and early- stage funding, also known as developmental-stylefunding. The aim is to assist seed-stage companies bridge the funding gap prior to […]
Some Chicago-Area Leaders Want to Make Life Easier for Start-Ups
Sep. 8–Despite a wealth of top-notch universities, federal research centers and well-heeled companies and individuals, the Chicago area is generally regarded as inhospitable for entrepreneurs. A new study conducted by A.T. Kearney for the Chicagoland Chamber of Commerce concludes that […]
The Philadelphia Inquirer Personal Finance Column
Sep. 7–The scandal-a-week machine on Wall Street served its latest offering Wednesday, when New York Attorney General Eliot Spitzer accused Bank of America and other firms of cheating mutual fundinvestors to gain business from a favored client. The new allegation […]
New York Attorney General Makes Allegations against Big Mutual Fund Players
Sep. 7–Mutual funds have been the white hats of the investment world — standing above the scandals of WorldCom and Wall Street, smiling like the survivors at a convention of undertakers. That was last week. Then Eliot Spitzer revealed accusations […]
Ouch! The City grabs Royal & SunAlliance by the short and curlies ; The Ideas Exchange: Business view
Lyndon Johnson, the US president, famously said: “If you’ve got them by the balls, their hearts and minds will follow.” This is the theory of so-called “deep discount” rights issues. If your sharesare trading at X, and you decide to […]
Average investors have little defense against dishonesty on Wall Street
MARKETS Average investors have little defense against dishonesty on Wall Street By KATHLEEN GALLAGHER [email protected], Journal Sentinel Sunday, September 7, 2003 One of the most frustrating things about the allegations by New York Attorney General Eliot Spitzer against the mutual […]
The Orlando Sentinel, Fla., Susan Strother Clarke Column
Sep. 7–Some good news — finally — for venture capital in Florida. Anyone who follows the high-tech world knows that such financing is the rocket fuel that helps young companies get off the ground. But the sluggish economy has dampened […]