Category Archives: HedgeCo News
CEO Who Guided Troubled Peregrine Quits
NEW YORK (AP) – Peregrine Systems Inc. said Monday its chief executive, Gary Greenfield, stepped down and was replaced by John Mutch, one of the software company’s new board members. Greenfield joined the San Diego company in June 2002 amid […]
Japan Stock Mart to Enter New Stage of Uptrend
By Yuka Yamamori Tokyo, Aug. 18 (Jiji Press)–The Japanese stock market looks set to enter a new stage of uptrend, with the key Nikkei average closing above the 10,000 threshold on the Tokyo Stock Exchange on Monday for the first […]
Nikkei Closes above 10,000 amid Hopes for Japan Economic Recovery
Tokyo, Aug. 18 (Jiji Press)–The key Nikkei average finished above the 10,000 threshold for the first time in one year on the Tokyo Stock Exchange Monday, as foreign investors snapped up a broadrange of issues amid expectations for Japan’s economic […]
David M. Allen Appointed to Vital Living Board of Directors
PHOENIX–(BUSINESS WIRE)–Aug. 18, 2003–Vital Living Inc. (OTCBB: VTLV) today announced that David M. Allen will be joining the Board of Directors of Vital Living. Mr. Allen, aged 61, has served as Managing Director of Investment Information Services, Ltd., (IISL) since […]
Application deadline for Intermountain Venture Forum-Boise extended to Aug. 27
Organizers of the fifth annual Intermountain Venture Forum-Boise have extended the deadline for applications from fund-seeking businesses from Aug. 8 to Aug 27. The forum, slated Oct. 1-2 at Boise Centre on the Grove, will feature presentations to venture capital […]
VC market roars back as $86M raised in quarter
Paced by a pair of advanced-stage hightechnology businesses, Westchester’s venture capital market rebounded to the highest amounts of financing recorded since the economic skid put an end to therecords of the 1990s boom. Six Westchester companies received more than a […]
Harrison Miller Returns to Summit Partners as General Partner
PALO ALTO, Calif.–(BUSINESS WIRE)–Aug. 18, 2003–Summit Partners, a leading global private equity and venture capital firm, today announced that it has named Harrison B. Miller general partner ofthe Summit Accelerator Fund, the venture capital arm of Summit Partners. Miller was […]
Social Networking Sparks Venture Capital Interest
Aug. 17–The first generation of dot-com companies might be dead. But another one is sprouting. Venture capitalists are opening up their wallets with caution to hot “social networking” start-ups, or those companies that help you connect with friends to help […]
Silicon Valley Sees Rise, Fall of Telecommunications, Networking Firms
Aug. 17–In the two years since the noisy collapse of the telecom and networking industries, little to nothing has been heard from the 10 giant Silicon Valley telecom and networking start-ups thathad been funded with hundreds of millions of dollars […]
ADDING and REPLACING QIC Deploys Eagle’s Portfolio Management Solution; Eagle’s Leading-Edge Technology Positions QIC for Further Growth
BOSTON & QUEENSLAND, Australia–(BUSINESS WIRE)–Aug. 17, 2003–ADD to BW 5001 (MA-EAGLE-INVESTMENT) after seventh graph xxx service to its clients. New text as follows: For more information about QIC, please visit www.qic.com. The corrected release reads: QIC Deploys Eagle’s Portfolio Management […]
Telewest finance head quits with pounds 400,000
The finance director of Telewest quit yesterday ahead of an expected boardroom clear-out as the cable operator nears the completion of its protracted pounds 3.5bn debt restructuring. Insiders at the company insisted that the resignation of Mark Luiz was not […]
Hispanic Investment-Banking Company to Open San Antonio Trading Floor
Aug. 16–The owner of the first Hispanic investment-banking firm in San Antonio has branched into investment management services and stock exchange ownership. It’s part of plans to build a diversified financial services company that will have a trading floor downtown. […]