The Securities and Exchange Commission voted today to allow hedge funds and other private investment firms to start publicly advertising for investor dollars, something that has been strictly off-limits since the 1930’s. With this change, firms will no longer have to limit their fund raising to direct contacts...
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As many know, there was a recent article in the press that said Triple Point’s owners, Welsh Carson, had put the company on the block, seeking to leverage the solid success the company has had over the last few years (20-30% year over year growth) into a very...
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Bloomberg’s terminal business has been caught up in a bit of a scandal this week (it does seem to be a week for doing that type of thing). Numerous stories indicate the company has been passing around terminal user information to the company’s sales staff and news reporters;...
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So today is my first official day back as an analyst (yesterday was a holiday in the Czech republic). It is nice to be back too. It is good to be working with Patrick again and to be reconnecting to a lot of people that I have known...
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Eka announced this morning that they had purchased Calgary-based EnCompass Technologies. According to the press release, “All employees of EnCompass have joined Eka, and the two co-founders, CEO Andy Bout and COO Stewart Brightman, will take key leadership roles in the combined organization. Andy and Stewart will be...
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While Cyprus is a relatively small economy in the overall EU scheme, the announcement that EU regulators wanted to require banks there to seize 10% of Cypriots’ accounts (equal to 5.8 billion EURO) as part of a bail-out package is causing great concern and rattling investor confidence across...
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Shell announced today that they are going to build two new LNG liquefaction plants in North America, not for export, but for domestic consumption as a motor fuel. The two plants, one in Louisiana and one in Ontario Canada will provide LNG fuel for shipping and heavy onshore...
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