FXall Sees Its Volume Grow, Opens Boston Office
By Staff WriterLONDON (HedgeWorld.com)--FXall founders have long known their online foreign exchange trading system had the possibility of gaining traction, but 2004 proved the staying power of electronic routing. Mark Warms, global head of sales and marketing for FXall, said that electronic trading has made foreign currency trading more widely available to...
March 07, 2005
Diamond: Purchase of Sun World's Assets CompleteLAKE FOREST, Ill. (HedgeWorld.com)--A distressed-debt private equity fund manager, Black Diamond Capital Management LLC, announced that it has acquired substantially all of the assets of a Californian agricultural company, Sun World International Inc., for US$127.75 million. This is the consummation of a deal sealed by an auction Jan. 13, 2005,...
March 07, 2005
Wal-Mart To Sell UnitedHealth Discount CardA new retail deal could help improve the reputation of programs that split access to preferred provider networks from health insurance.[@@]Some regulators have questioned ...
March 07, 2005
GE Continues To Sell Genworth StockA Fairfield, Conn., conglomerate says it will be continuing to pull back from the life insurance industry.[@@]The company, General Electric Company, says it will ...
March 07, 2005
Lawmaker Offers Social Security CompromiseSen. Chuck Hagel, R-Neb., has introduced a bill that would raise the retirement age for full Social Security benefits to 68, from 67.[@@]The bill ...
March 06, 2005
SEC: Critique Our VA Disclosure FormFederal officials want to hear more from the public about what broker-dealers ought to tell purchasers of financial services products.[@@]The U.S. Securities and Exchange ...
March 04, 2005
Iowa Insurer Hears From SpitzerNU Online News Service, March 4, 2005, 9:40 a.m. ESTNew York Attorney General Eliot Spitzer has asked Principal Financial Group Inc. about compensation arrangements ...
March 04, 2005
Congress Eyes Pension ReformCongress has to come up with a permanent method for supplying the interest rate benchmarks that employers use in pension calculations.[@@]Larry Zimpleman, president of ...