Hudson United Bancorp, one of the largest New Jersey-based banks, is reportedly for sale. Citing unnamed sources, Bloomberg News said Tuesday morning that the Mahwah-based bank hired Morgan Stanley to arrange an auction. Morgan Stanley officials declined to comment and […]

CHICAGO–(BUSINESS WIRE)–Aug. 5, 2003–HyperFeed Technologies, Inc. (Nasdaq:HYPRC), a provider of Managed Exchange Platform Services (MEPS) to exchanges, content providers, re-distributors,institutions, channel partners and value-added resellers, today welcomes RTS Realtime Systems Group (RTS) to its H!VE as an Alliance Partner. H!VE […]

Aug. 5–Infinera, a Sunnyvale optical networking equipment start-up in deep stealth mode, said it raised $53 million in investment from a slew of venture capital firms, one of the biggest fundings ofthe year for the telecommunications industry. The bet is […]

Aug. 5–Emboldened by high returns, the guardians of the endowment at the University of North Carolina at Chapel Hill are getting into the money management business. The state’s oldest university endowment, which has $1.1 billion in assets, recently converted itself […]

Aug. 5–Concerns are rising that the recent worldwide collapse in the bond market could soon spill over into shares. Falling bonds means higher borrowing costs, and long-term rates have soared since mid-June on sudden fears of inflation. US Treasuries have […]

Aug. 5–Emboldened by high returns, the guardians of the endowment at the University of North Carolina at Chapel Hill are getting into the money management business. The state’s oldest university endowment, which has $1.1 billion in assets, recently converted itself […]

SOLVANG, Calif.–(BUSINESS WIRE)–Aug. 5, 2003–Harrington West Financial Group, Inc. (Nasdaq:HWFG), the holding company for Los Padres Bank, FSB and its Harrington Bank division, today announcedthat it earned $1.8 million or 40 cents per share on a fully diluted basis in […]

ASK ANY independent financial adviser which are higher-risk – shares or bonds – and the answer will come back loud and clear. Government bonds are a low-risk investment whereas shares are for the brave and the wealthy. However, that is […]

CONCERNS are rising that the recent worldwide collapse in the bond market could soon spill over into shares. Falling bonds means higher borrowing costs, and long-term rates have soared since mid-June on sudden fears of inflation. US Treasuries have dropped […]

A TOP City fund manager born into the Bertram Mills circus dynasty has been named as the highest-paid director of a publicly quoted company in a survey today. Christopher Mills, chief executive of the obscure North Atlantic Smaller Companies Investment […]

Aug. 5–A Michigan Avenue hotel that could not find a buyer last year is suddenly in play, in a deal that should be a test of how real estate investors view the local hotel market. Starwood Hotels & Resorts Worldwide […]

NEW YORK–(BUSINESS WIRE)–Aug. 5, 2003–Deutsche Bank Securities Inc. today announced that Bill Foley, Sam Mezansky, and Ted Tabasso will be joining the firm as Managing Directors responsible formiddle market equity sales coverage. Based in New York, they will report to […]