PBHG Funds Founders Settle Market Timing Case
By Staff WriterNov. 17, 2004 -- The founders of the PBHG mutual funds agreed to pay $160 million in restitution and fines and to accept a lifetime...
November 22, 2004
Savings Bank Veteran To Sell CDs Through InsurersNU Online News Service, Nov. 22, 2004, 4:31 p.m. ESTAn Alexandria, Va., startup says it will sell banking services through insurance companies.[@@]I.B. Services L.L.C. ...
November 22, 2004
Farmer-Paellmann Group Continues Slave Policy FightActivists have set up a Web site to press a New York life insurer to settle a dispute over 19th century policies that protected ...
November 22, 2004
Hedge Fund Asset Flows Pass US$100 Billion Mark, TASS Research SaysNEW YORK (HedgeWorld.com)-- According to research compiled by Tremont Capital Management Inc.'s* TASS Research, the net flow into hedge funds totaled US$25.1 billion in the third quarter, a figure that brings the net inflow of assets to the industry to a record-breaking US$100 billion for 2004. For all of 2003,...
November 22, 2004
New York Broker To Buy Worksite MarketerNU Online News Service, Nov. 22, 2004, 5:43 p.m. EST Duck Key, Fla.USI Holdings Corp., Briarcliff Manor, N.Y., has acquired Benefit Partners of America ...
November 22, 2004
Mercer: Group Health Increases Have SlowedNU Online News Service, Nov. 22, 2004, 9:27 a.m. ESTA major benefits consulting firm says the average cost of group health coverage at large, ...
November 22, 2004
Santa Monica: Adrian Steel Tries to "Hoodwink" ShareholdersLARCHMONT, N.Y. (HedgeWorld)--Santa Monica Partners LP announced its opposition to a Michigan manufacturing company's plans for a Dutch auction to repurchase up to 50,000 shares of its common stock. Robert Westfall founded Adrian Steel Company Inc, Adrian, Mich., in 1953. His son, Harley, took over after the founder's death in...
November 22, 2004
Gold ETF Launched on NYSENov. 18, 2004 -- streetTRACKS Gold Trust said it has priced its initial public offering of 2,300,000 shares of a new gold-based exchange traded fund...