Garamendi Lets Anthem Buy WellPoint Insurance Unit
By Allison BellAnthem Inc., Indianapolis, has received permission from a key regulator to proceed with its $16 billion acquisition of a major unit of WellPoint Health ...
November 09, 2004
Altin Continues Effort to Keep Stock Price in Line with NAVNEW YORK (HedgeWorld.com)--Citing its strong returns for the first nine months of the year, Altin AG, a closed-end fund of funds listed on the London and Switzerland stock exchanges, described its current share price as unjustifiably low in relation to net asset value and the quality of its investments. ...
November 09, 2004
Survey: Few Workers Feel Financially Prepared To RetireNU Online News Service, Nov. 9, 2004, 5:05 p.m. ESTRetirees seem to be a lot more confident about federal retirement programs than working Americans ...
November 09, 2004
Insurer Offers Dental HRA OptionNU Online News Service, Nov. 9, 2004, 11:25 a.m. ESTThe Guardian Life Insurance Company of America, New York, is updating its group dental plans.[@@]The ...
November 09, 2004
K.C. Life Chairman DiesNU Online News Service, Nov. 9, 2004, 7:04 p.m. ESTThe head of a Midwestern life insurance dynasty has passed away.[@@]Joseph Bixby, chairman of Kansas ...
November 09, 2004
Labyrinth Teams Up with SAMCOMINNEAPOLIS (HedgeWorld.com)--Labyrinth Group LLC has reached an agreement with SAMCO Capital Markets to provide SAMCO and its clients access to Labyrinth's fund of funds. The Labyrinth...
November 09, 2004
Dow Jones Launches Long/Short U.S. BenchmarkNEW YORK (HedgeWorld.com)--Dow Jones Hedge Fund Indexes Inc. on Tuesday [Nov. 2] began publishing its new long/short U.S. equity hedge fund benchmark, the Dow Jones Hedge Fund Equity Long/Short U.S. Strategy Benchmark. The new benchmark is the sixth hedge fund index to be assembled by Dow Jones. The other five...
November 09, 2004
S&P Index Shows Third Straight Positive Month for Hedge FundsNEW YORK (HedgeWorld.com)--Hedge fund managers active in directional and event-driven strategies led the S&P Hedge Fund Index to post a gain of 0.72% for October. The gain signals a slight comeback for the index, which has been posting small gains over the last three months after a slump earlier in...