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Archive for  February 2005

  • The world's first mobile phone virus "in the wild" has spread to the United States from its birthplace in the Philippines eight months ago, a security research firm said on Friday. The virus, called Cabir,

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    • News Desk
    • Feb 20th, 2005
    • Comments Off on Amex unit accused of defrauding investors

    New Hampshire securities regulators have accused the personal finance advisory unit of American Express Co of defrauding investors by giving incentives to its advisers to push select mutual funds over other funds with better performance.

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    • News Desk
    • Feb 20th, 2005
    • Comments Off on Amex unit accused of defrauding investors

    New Hampshire securities regulators have accused the personal finance advisory unit of American Express Co of defrauding investors by giving incentives to its advisers to push select mutual funds over other funds with better performance.

    Read More

    • News Desk
    • Feb 20th, 2005
    • Comments Off on Investors move cash from US to international funds

    Investors continued to shift money away from US stock funds and into international and emerging market funds in the week through February 16, according to fund flow research firm Emerging Portfolio Fund Research (EPFR). Emerging

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    • News Desk
    • Feb 20th, 2005
    • Comments Off on Investors move cash from US to international funds

    Investors continued to shift money away from US stock funds and into international and emerging market funds in the week through February 16, according to fund flow research firm Emerging Portfolio Fund Research (EPFR). Emerging

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    • News Desk
    • Feb 20th, 2005
    • Comments Off on Dow climb puts 11,000 in traders’ sights

    Modest but steady gains from US stocks in the past few weeks have sparked trader talk that the blue-chip Dow could soon breach 11,000, a level not seen in more than 3-1/2 years. The Dow

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    • News Desk
    • Feb 20th, 2005
    • Comments Off on US hedge funds to soon get first taste of new rule

    Hedge funds, nervously awaiting next year's industry regulations, will get a taste of the rule next month when they must prove their clients really are rich if they want to earn a fee for managing

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    • News Desk
    • Feb 20th, 2005
    • Comments Off on US hedge funds to soon get first taste of new rule

    Hedge funds, nervously awaiting next year's industry regulations, will get a taste of the rule next month when they must prove their clients really are rich if they want to earn a fee for managing

    Read More

  • Spreads on US corporate bonds edged tighter on Friday, with bonds of May Department Stores seeing some of the strongest gains on reports that merger talks with Federated Department Stores had resumed. Spreads across the

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  • Spreads on US corporate bonds edged tighter on Friday, with bonds of May Department Stores seeing some of the strongest gains on reports that merger talks with Federated Department Stores had resumed. Spreads across the

    Read More

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