Monthly Archives: September 2003

Nightly Business Report

xfdce NIGHTLY-BUSINESS-REPO-00 Show: NIGHTLY BUSINESS REPORT> Date: September 3, 2003> Time: 18:30:00> Tran: 090300cb.118> Type: SHOW> Head: Nightly Business Report> Sect: Business> Byline: Paul Kangas, Susie Gharib> Guest: Kevin McCormally> Spec: Business; Economy> Time: 00:00:00> PAUL KANGAS, NIGHTLY BUSINESS REPORT […]

Stock Market History Suggests Strong Summer Means Difficult Fall for Investors

Sep. 3–The stock market’s strong showing this summer could portend a stormy September and October for investors. For stock investors, September has historically proved the year’s most difficult month — even worse than October, which is famous for big crashes. […]

Detroit Free Press Susan Tompor Column

Sep. 3–Esperion Therapeutics Inc., an Ann Arbor-based company that’s hoping to roll out some blockbuster treatments for heart disease, finds itself in one of the oddest binds around. An extra-large shareholder will likely need to unload a chunk of Esperion […]

Lloyds TSB down after Merrill knocks new chief’s strategy

SHARES IN the banking giant Lloyds TSB were in retreat yesterday after a rather downbeat assessment of the group’s prospects by Merrill Lynch. In a review of the sector Merrill downgraded Lloyds to”neutral” from “buy”. The US broker came across […]

THE INVESTMENT COLUMN: Dobson puts Schroders back on profitable track

MICHAEL DOBSON yesterday put in another pukka performance unravelling Schroders, the fund management business that was not so long ago a the basket case. Indeed, it looks as if the patrician chief executive, who was lured to the company in […]

Investor moves signal belief in economic recovery ; FTSE 250: 5,687.3 (+41.5); FTSE SmallCap: 2,429.5 (+10)

London’s blue-chips marked time yesterday, but there was evidence that investors returning after the holidays were backing an economic recovery. Good volume – 3.5 billion shares changed hands -further gains for the less-defensively weighted mid-cap FTSE 250 and a leader […]

KVS Secures $17 Million in Series B Financing Led By FTVentures and Index Ventures; Funding Based on Record Growth and Accelerating Demand For Email Management and Content Archiving Systems

ARLINGTON, Texas–(BUSINESS WIRE)–Sept. 3, 2003–Content archiving and email management solutions provider, KVS Inc., today announced that it has secured Series B financing of $17 million (GBP 10.63million). The round was led by new investors Index Ventures and FTVentures and joined […]

GAIN Capital Announces Series C Investment From Tudor Ventures

WARREN, NJ — (MARKET WIRE) — 09/03/2003 — GAIN Capital, the premier source for online currency trading (www.gaincapital.com), announced today the successful completion of its most recentinvestment round, totaling $10 million. The equity investment was made by Tudor Ventures, the […]

KVS Secures $17 Million in Series B Financing Led By FTVentures and Index Ventures; Funding Based on Record Growth and Accelerating Demand For Email Management and Content Archiving Systems

ARLINGTON, Texas–(BUSINESS WIRE)–Sept. 3, 2003–Content archiving and email management solutions provider, KVS Inc., today announced that it has secured Series B financing of $17 million (GBP 10.63million). The round was led by new investors Index Ventures and FTVentures and joined […]

GAIN Capital Announces Series C Investment From Tudor Ventures

GAIN Capital, the premier source for online currency trading (www.gaincapital.com), announced today the successful completion of its most recent investment round, totaling $10 million. The equity investment was made by Tudor Ventures, the venture capital and private equity arm of […]

$669,970 Invested in Kentucky Technology Companies

<body.content> <block> <p>LEXINGTON, Ky., Sept. 3 /PRNewswire/ — The Innovation Group of Kentucky Science and Technology Corporation (KSTC), announced today that it has invested$669,970 in Kentucky technology companies.</p> <p>The Innovation Group manages the Commercialization Investment Fund (CIF), a series of […]

Fortis Prime Fund Solutions Links Worldwide Investor Services Through webMethods Integration Platform

<body.content> <block> <p>AMSTERDAM, Netherlands and FAIRFAX, Va., Sept. 2 /PRNewswire/ — webMethods, Inc. , the leading provider of integration software enabling Global BusinessVisibility(TM), today announced that Fortis Prime Fund Solutions selected the webMethods Integration Platform to centralize and further automate […]