http://newyork.corante.com/ en-us basulto@gmail.com 2005-11-28T06:35:44-05:00 hourly 1 2000-01-01T12:00+00:00 http://newyork.corante.com/archives/2005/11/28/a_rival_for_the_bloomberg_terminal_on_wall_street.php A New York start-up company, Instant Information, recently released a screen-based information & analytics tool (TouchPoint) for Wall Street traders and other financial markets professionals that acts in many ways like a Bloomberg terminal, but apparenly runs on any PC... 51342@http://newyork.corante.com/ Wall Street 2005-11-28T06:35:44-05:00 http://newyork.corante.com/archives/2005/11/02/an_8_million_estonian_spider_web_on_wall_street.php According to the New York Post, an Estonian investment bank made close to $8 million by hacking into market-moving press releases before they became public. As part of the scam, two traders at Lohmus Haavel & Viisemann used a program... 51288@http://newyork.corante.com/ Wall Street 2005-11-02T16:12:42-05:00 http://newyork.corante.com/archives/2005/10/25/a_12_billion_pot_of_gold_at_the_end_of_the_rainbow_for_mayor_bloomberg.php In the BreakingViews column in last weekend's Wall Street Journal, there was extensive speculation that Mayor Bloomberg could sell his 79% stake in Bloomberg LP, his closely-held financial information business, if he wins re-election as New York City Mayor... 51271@http://newyork.corante.com/ Wall Street 2005-10-25T08:17:53-05:00 http://newyork.corante.com/archives/2005/10/06/why_are_so_many_people_afraid_of_financial_derivatives.php Over at Tech Central Station, I've written an article that takes a closer look at the reasons why so many people are afraid of financial derivatives. Most people are OK with the idea of common derivatives like options and futures... 51219@http://newyork.corante.com/ Wall Street 2005-10-06T09:34:08-05:00 http://newyork.corante.com/archives/2005/10/04/forget_atlantic_city_try_the_wall_street_casino.php It seems like everywhere you go these days, the opportunity to gamble is omnipresent. There are OTB offices in every corner of the city, constant reminders about lotteries and mega-millions on the evening news and the local bodega, and all... 51206@http://newyork.corante.com/ Wall Street 2005-10-04T07:00:48-05:00 http://newyork.corante.com/archives/2005/10/03/an_ipo_for_new_york_sports_clubs.php Town Sports International, the holding company for New York Sports Clubs, is ready to proceed with a $172.5 million IPO, according to the New York Post. The health & fitness company is owned by a private equity firm, which has... 51197@http://newyork.corante.com/ Wall Street 2005-10-03T06:30:32-05:00 http://newyork.corante.com/archives/2005/09/26/why_christopher_byron_hates_hedge_funds.php Christopher Byron of the New York Post must have spent the weekend sharpening his axe, since he came out Monday hacking away at the hedge fund industry. While we applaud Byron for his weekly exposes on criminal malfeasance and graft... 51169@http://newyork.corante.com/ Wall Street 2005-09-26T13:24:24-05:00 http://newyork.corante.com/archives/2005/09/22/the_citi_never_sleeps_especially_when_hedge_funds_are_on_the_prowl.php Crain's New York notes that "a prominent hedge fund manager is urging Citigroup to break itself up, arguing that the financial conglomerate is too large to grow significantly and snap its stock price out of its slumber." Over at... 51160@http://newyork.corante.com/ Wall Street 2005-09-22T07:28:12-05:00 http://newyork.corante.com/archives/2005/09/20/the_wisdom_of_hedge_fund_manager_crowds.php For any Wall Street types out there -- three former Oxford students have launched a new Web site, ConsensusView.com, that allows professional traders to post their forecasts on stocks, futures and currencies. After posting their forecasts, these traders can... 51153@http://newyork.corante.com/ Wall Street 2005-09-20T08:06:12-05:00 http://newyork.corante.com/archives/2005/09/14/the_dream_team_ipo.php A funny item from Bloomberg: Ontario-based textbook company Apollo Publication filed for a $3.6 billion IPO with the SEC, but a few items within the registration statement tipped off regulators that something might be amiss -- like a "dream team"... 51130@http://newyork.corante.com/ Wall Street 2005-09-14T18:07:40-05:00 http://newyork.corante.com/archives/2005/08/30/you_want_to_stop_this_merger_over_my_dead_body.php There's understandably a lot of bad blood about the New York Stock Exchange's decision to merge with electronic rival Archipelago, but this is out of control... Crain's New York reports that a member of the Big Board has been arrested... 51068@http://newyork.corante.com/ Wall Street 2005-08-30T07:15:43-05:00 http://newyork.corante.com/archives/2005/08/19/the_preppy_ipo.php If you've noticed that the sales clerks at J.Crew stores around the city have been more exuberant recently, here's why: the preppy retailer just unveiled plans for a $200 million IPO. If you're more interested in the strategic vision... 51021@http://newyork.corante.com/ Wall Street 2005-08-19T07:55:28-05:00 http://newyork.corante.com/archives/2005/08/17/electrooptical_postpones_ipo.php Medical device maker Electro-Optical has postponed its $22 million IPO indefinitely. One factor probably looming large in the decision: the company has yet to receive FDA approval for its MelaFind system, which uses computer optics to capture images of the... 51009@http://newyork.corante.com/ Wall Street 2005-08-17T17:12:11-05:00 http://newyork.corante.com/archives/2005/08/16/the_barbarians_are_at_time_warners_gate.php Famed corporate raider Carl Icahn - the leader of the barbarian investor hordes clamoring for the break-up of Time Warner - has secured a meeting this week with CEO Dick Parsons. No word yet on whether the meeting will occur... 51004@http://newyork.corante.com/ Wall Street 2005-08-16T16:23:05-05:00 http://newyork.corante.com/archives/2005/08/11/corporate_raider_from_the_1980s_sets_sights_on_time_warner.php On news that legendary corporate raider Carl Icahn will attempt to push Time Warner to sell or spin off assets (e.g. its publishing or cable TV units), James Altucher of TheStreet.com weighs in on what it all means for Time... 50984@http://newyork.corante.com/ Wall Street 2005-08-11T07:56:49-05:00