Greenberg To Quit As AIG Chair
By Daniel HaysMaurice Greenberg, the head of American International Group Inc., New York, for nearly 40 years, has notified AIG in a letter that he will ...
March 29, 2005
Perry Plans to Sell Stake in MylanRichard C. Perry, a hedge fund manager whose funds control 9.89% of the voting shares of Mylan Laboratories Inc., Canonsburg, Penn., said in a filing with the Securities and Exchange Commission that he plans to sell his entire stake on the open market.
March 29, 2005
Volatility Up, Leverage Down; Barclays Economists Expect Turning PointNEW YORK (HedgeWorld.com)--Plenty of liquidity with no threat of inflation, a circumstance that was useful to some hedge funds in the past two years, can no longer be expected. But changes in the economy may be beneficial to other strategies. Consumer price index data released today confirmed that prices are...
March 29, 2005
New CFTC Members Speak to FuturesAs Congress continues its work to reauthorize the Commodity Futures Trading Commission, the two newest members of the commission said they hope the renewal legislation achieves more regulatory clarity for the trading of securities futures products, along with a more explicit mandate to curb fraud in the over-the-counter foreign exchange...
March 28, 2005
Billingsley Returns To CeresNU Online News Service, March 28, 2005, 2:45 p.m. ESTCeres Group Inc., Cleveland, announced that its chief actuary has returned to the company after ...
March 28, 2005
Fidelity Sees Higher Retirement Health CostsNU Online News Service, March 28, 2005, 4:10 pm. ESTFidelity Investments Inc., Boston, estimates that the average 65-year-old couple retiring today will need $190,000 ...
March 28, 2005
Growing Businesses Offer Richer Benefits: SurveyNU Online News Service, March 28, 2005, 11:35 a.m. ESTSmall businesses in the U.S. are optimistic about their growth and plan to enrich employee ...
March 28, 2005
Customer Respect Gets RecognitionNU Online News Service, March 28, 2005, 3:45 p.m. ESTTIAA-CREF shows a lot of R-E-S-P-E-C-T to customers, an industry consulting firm concludes.[@@]