Category Archives: HedgeCo News
JGBs Edge Higher on Late Buybacks
Tokyo, July 22 (Jiji Press)–Japanese government bonds wiped out early losses to close higher Monday on a late wave of buybacks. The yield on the benchmark 251st 10-year JGBs, carrying a coupon rate of 0.9 pct, stood at 0.955 pct […]
Gabelli Asset Management, Inc. Names Thomas H. Mahoney IV Chief Operating Officer at Gabelli & Partners
RYE, N.Y.–(BUSINESS WIRE)–July 22, 2003–Gabelli Asset Management, Inc. (NYSE-GBL) announced that veteran investment banker Thomas H. Mahoney IV has joined Gabelli & Partners, LLC, the firm’salternative investments unit, as Managing Director and Chief Operating Officer. Mr. Mahoney has 15 years […]
Greenspan’s halo loses some shine Deep skepticism emerges in Washington and on Wall Street Wall Street Watch
Like the statues of dictators, investment icons have been toppled one by one since the stock market peaked in 2000. Chief executives, once lionized by their shareholders, are now often viewed withmistrust. Stock analysts who were once Wall Street’s equivalent […]
Bear Stearns Forms Private Client Advisory Services and Hires Top Ranked Managed Account Team John Hyman and Fred Patykewich
NEW YORK–(BUSINESS WIRE)–July 22, 2003–Bear, Stearns & Co. Inc. announced today that it has formed Private Client Advisory Services and hired two pioneers in the managed account business, JohnHyman and Fred Patykewich to launch the effort. Jointly, they have been […]
Nitronex Raises $11.3 Million in Series C Funding
RALEIGH, N.C.–(BUSINESS WIRE)–July 22, 2003– Additional Capital to Facilitate the Launch of the First SIGANTIC(TM) Power Transistors into the Wireless Base Station Marketplace Nitronex Corporation, the only company worldwide to build gallium nitride (GaN) RF power transistors on industry-standard 4-inch […]
Commerzbank Securities Announces Four Additions To Its New York Team
NEW YORK–(BUSINESS WIRE)–July 22, 2003–Commerzbank Securities today announced four new additions to its New York team: — Jesse Shefferman takes the position of senior salesperson on the New York team for Pan European Equity Sales. He will report to Nick […]
Investments in Start-up Firms Are Increasing in California’s Silicon Valley
Jul. 21–A growing number of Silicon Valley companies are announcing new venture capital investments, signaling what could be the first significant increase in start-up activity in three years. Investments range from anti-spam start-ups to wireless companies, and the pace of […]
Easing Rules Would Benefit Thai Venture-Capital Funds, Executive Says
Jul. 21–Proposals aimed at encouraging the growth of venture capital funds would also benefit the Market for Alternative Investment (MAI) as well, according to Chanitr Charnchainarong, a director atVNET Venture Capital. The Finance Ministry is currently considering proposals to ease […]
Biotech VC fund reaches $70 mil
Thanks to hefty investments by local corporate giants, the Central Indiana Life Sciences Initiative has raised more than $70 million for Indiana Future Fund I, its new venture capital fund. “Every potential investor who was involved in the original negotiations […]
Shareholders balk at Earl pay package
LEADING Debenhams’ shareholders are ex-pressing dismay at the pay package the department store’s chief executive Belinda Earl and finance director Matthew Roberts would receive if venture capitalgroup Permira succeeds with its bid. The shareholders are unhappy that if a bid […]
Hedge-Fund Company Finds Bargain on St. Francis, Wis., Lakefront
Jul. 20–ST. FRANCIS, Wis.–Call it the changing face of Milwaukee. Call it what a flamboyant CEO leaves behind. Or maybe just call it a great deal. Whatever you call it, it’s a unique, luxurious office building. Consider some of the […]
Shareholders Balk at British Department Store Chief’s Pay Package
Jul. 20–Debenhams’ shareholders are ex-pressing dismay at the pay package the department store’s chief executive Belinda Earl and finance director Matthew Roberts would receive if venture capitalgroup Permira succeeds with its bid. The shareholders are unhappy that if a bid […]