Category Archives: HedgeCo News

Picks reveal Morningstar’s thinking

Picks reveal Morningstar’s thinking Fund committee replaces 2 of its 401(k) choices By HANK EZELL Cox News Service Sunday, August 10, 2003 Atlanta — Morningstar, a well-known and widely quoted information company, is packed with bright young people who earn […]

Information Firm Morningstar Releases Analyses of Mutual Funds

Aug. 10–Morningstar, a well-known and widely quoted information company, is packed with bright young people who earn their daily bread analyzing mutual funds. Their information and insights are followed by hundreds of thousands of investors and money managers. It’s worth […]

PPL finally appoints McCall to board

PPL has finally appointed Bill McCall, a former director of Singer & Friedlander, to its board following concerted pressure from key shareholders. A spokesman for the embattled Dolly the Sheep pioneer said it would be “premature” to assume the firm […]

Jobs & Money: Investment: The bear who has been having a picnic in Europe

Europe has been a graveyard for the hopes of small British investors. An onslaught of marketing by fund management groups in the 1990s lured investors into funds that, it was promised, would benefitas sluggish European corporates embraced Anglo-Saxon capitalism (downsizing, […]

As Stocks Surge, Mutual-Fund Firms Go to Many Lengths to Lure Investors Back

Aug. 9–After a hiatus, some important data resurfaced in new ads for Fidelity Investments’ stock mutual funds: actual investment returns. With the second-quarter surge in the stock market that pushed the Dow Jones industrial average above 9,000 and investors rediscovering […]

Milwaukee Journal Sentinel Avrum D. Lank Column

Aug. 9–When members of the Federal Reserve Board gather Tuesday to consider what to do about interest rates, a grill will be more useful than a laptop. The meeting is being held only because it was scheduled, not because it […]

Merrill bond unit thrives A star trader and its own bank get credit

Despite the recent management turmoil at Merrill Lynch, its profit from bond trading has been the envy of rival brokerage firms. Propelling the performance has been a group led by Barry Wittlin, astar derivatives trader who has quickly garnered attention […]

Gaming shares lose ground in shake-up

GAMING stocks came a cropper after Government plans to deregulate the industry included fresh restrictions on casinos and slot machines. New casinos must be a minimum 5,000 sq ft in size to stop small High Street gambling halls springing up […]

The Boston Globe Business Briefs Column

Aug. 8–VERIZON PACT SEEN SEVERAL DAYS AWAY: As Verizon Communications Inc. and its major unions continued negotiating specific language for a contract, the Communications Workers of America saidVerizon is proposing changes in job security and layoff protections that will require […]

Tim Connors Becomes a General Partner at U.S. Venture Partners

MENLO PARK, Calif.–(BUSINESS WIRE)–Aug. 8, 2003–U.S. Venture Partners (USVP) announced today that Timothy J. Connors has become a general partner of the firm. Connors joined the firm as an Associate in June 2001. At USVP, Connors specializes in building enterprise […]

SMaL Camera Technologies Closes $13.5 Million Financing; Carlyle leads round, joined by Wasserstein

CAMBRIDGE, Mass.–(BUSINESS WIRE)–Aug. 8, 2003–SMaL Camera Technologies, a developer of electronic imaging solutions and the award-winning Ultra-Pocket(R) line of super-thin digital still cameras,announced today that it has closed its Series C round of financing for $13.5 million. This financing round […]

Funding technopreneurs (HL)

HAVING niche information and communications technology (ICT) applications with significant and marketable intellectual properties are must-have selling points for local technopreneurs seeking venturecapital (VC) funding. Apart from having proprietary in- house technology, technopreneurs must also have a committed team and […]