PIMCO Settles with SEC
By Staff WriterWASHINGTON (HedgeWorld.com)-PA Fund Management LLC, PEA Capital LLC and PA Distributors LLC agreed Monday to settle charges they allowed market timing in PIMCO Funds Multi-Manager Series mutual funds. The three firms, which used to share the PIMCO name but have been rebranded, collectively will pay US$40 million in civil penalties...
September 17, 2004
George Schwartz of Schwartz Value FundS&P Rank: 3 Stars Under Wall Street's Radar
September 17, 2004
Pirate Capital Demands Phillips Leave Helm at CornellNORWALK, Conn. (HedgeWorld.com)-Pirate Capital LLC believes that there is value to be unlocked in the for-profit prison administration industry but doesn't believe that the existing board of directors of Cornell Companies Inc., Houston, is up to the job. Cornell held its annual meeting in June, re-electing its board of directors...
September 16, 2004
Gilmour To Head NYL InternationalNU Online News Service, Sept. 16, 2004, 3:00 p.m. EDTNew York Life announced today that Joseph Gilmour will succeed Gary G. Benanav as chief ...
September 16, 2004
DC Plans Complicate The Retirement Picture: EBRINU Online News Service, Sept. 16, 2004, 2:25 p.m. EDTAs the old defined benefit retirement plans give way to defined contribution plans, it has ...
September 16, 2004
HSA Plan for Fed. Workers UnveiledWashingtonThe Bush administration has begun implementing one of the main programs of its health care agenda with the unveiling of an insurance plan for ...
September 16, 2004
Principal Offers Retirement VUL PolicyNU Online News Service, Sept. 16, 2004, 2:45 p.m. EDTThe Principal Financial Group has introduced a new variable universal life product for the retirement ...
September 16, 2004
Insurers Tell Regulators What Is Taxing ThemAnchorage, Alaska Insurers say that they have tax policy concerns about new life insurance products and ...