Monthly Archives: August 2003

Roundup (08/27/2003)

HONG KONG Hang Seng drifts lower Prices on the Hong Kong Stock Exchange closed slightly lower yesterday on profit-taking. The key Hang Seng Index slipped 10.29 points, or 0.10 per cent, to 10,753.93. On Monday, the index edged up 3.49 […]

BioScience Learning Moves Into Larger Offices and Expands Its Staff

<body.content> <block> <p>RALEIGH, N.C., Aug. 26 /PRNewswire/ — BioScience Learning (BSL), a life sciences content and communications company, announced its move into largerfacilities after recently expanding its business development staff. There are plans to hire additional production staff in order […]

BUSINESS In Brief

Deutsche fees stick to State State Street Corp. said yesterday that it has retained 88 percent of fees from the customers of the Deutsche Bank AG unit that it bought in January. The fees mean that State Street expects to […]

Eagle CEO Jack Riley Announces Retirement; Dave Palten, President to Assume CEO Responsibilities

BOSTON–(BUSINESS WIRE)–Aug. 26, 2003–Eagle Investment Systems Corp. announced today that Chief Executive Officer Jack Riley is retiring at the end of this year after co-founding the company morethan 13 years ago. David Palten, co-founder and president of Eagle, will assume […]

Leading CEOs and Active Investors Offer Advice on How to Finance a Biotech Business at Strategic Research Institute’s Biotech Symposium

NEW YORK–(BUSINESS WIRE)–Aug. 26, 2003–It’s not an easy task. Leading the race as a biotech company not only requires competitive technology, it also requires strategic planning, operativepartnerships and plenty of capital. However, the challenges of running a biotech business today […]

Hedge funds’ courting of investors draws scrutiny Market Watch

Hedge funds, those lightly regulated investments for the very affluent, have traditionally kept a low profile. But the funds are increasingly being promoted with coming-out parties. Wall Streetinvestment banks are sponsoring hundreds of invitation-only gatherings a year in places as […]

Leading CEOs and Active Investors Offer Advice on How to Finance a Biotech Business at Strategic Research Institute’s Biotech Symposium

NEW YORK–(BUSINESS WIRE)–Aug. 26, 2003–It’s not an easy task. Leading the race as a biotech company not only requires competitive technology, it also requires strategic planning, operativepartnerships and plenty of capital. However, the challenges of running a biotech business today […]

Netilla Networks Adds $2 Million Series C Second-Tranche Financing

SOMERSET, NJ — (MARKET WIRE) — 08/26/2003 — Netilla Networks, Inc., a leading provider of SSL VPN and secure application access management solutions, today announced that Masthead VenturePartners, LLC has become its latest investor. Masthead, a premier venture capital firm […]

Reforming The Deep End Of The Mortgage Market

SANTA FE, N.M. — It seems an unlikely place to talk about the largest of all the debt markets. But here we are, having lunch at the Santa Cafe and talking about the current upheaval in the nation’ssecuritized mortgage market. […]

Asian stock markets close mostly lower

HONG KONG (AP) — Asian stock markets closed mostly lower Tuesday, but the key index in Tokyo rose for the first time in three sessions. Tokyo’s Nikkei Stock Average of 225 selected issues gained 55.93 points, or 0.54 percent, to […]

Tokyo Stocks Close Up 56

TOKYO (AP) – Tokyo’s benchmark share index rose modestly Tuesday, its first advance in three sessions on late gains by technology shares. The U.S. dollar was higher against the Japanese yen. The Nikkei Stock Average of 225 selected issues on […]

Stocks Set to Open Lower

U.S. stocks were set to open lower, with investors continuing to question whether recent upbeat data really is an indication of a turnaround in the markets. The Commerce Department reported Tuesday that new orders for “durable” goods – costly manufactured […]