Buyside articles from January 2002

Buyside archives from January 2002

First Data Corporation. (Lehman Brothers).(investment conclusion)(Brief Article)(Statistical Data Included)
January 1, 2002... COMPANY DESCRIPTION: First Data Corporation powers the global economy. Serving nearly 2.6 million merchant locations, more than 1,400 card issuers and millions of consumers, First Data makes it easier, faster and more secure for people and...

BSQUARE Corporation. (Lehman Brothers).(investment conclusion)(Brief Article)(Statistical Data Included)
January 1, 2002... Company Description: BSQUARE Corporation is a global leader in providing solutions for smart devices in consumer, enterprise, industrial, and automotive markets. As a leading partner for Microsoft, BSQUARE empowers the creation,...

The year in review. (Publisher's Letter).(Brief Article)(Editorial)
January 1, 2002... A certain refrain from "Auld Lang Syne" seems to be echoing in these first days of 2002. The old year has passed, and as one colleague put it, "At least we have 2001 behind us!" As Burns iterated, Should auld acquaintance be forgot, and auld...

Komatsu Ltd. (Citibank Depositary Receipt Issuers).(Brief Article)
January 1, 2002... KOMATSU LTD. Country: Japan Exchange: OTC Ticker: KMTSU CUSIP: 500458401 Ratio (Ords to ADRs): 4:1 Komatsu Ltd., incorporated in 1921 under the laws of Japan, is the largest manufacturer of construction and...

PETROBRAS. (Citibank Depositary Receipt Issuers).(Brief Article)
January 1, 2002... PETROBRAS Country: Brazil Exchange: NYSE Ticker: PBR, PBRA CUSIP: 71654V408; 71654V101 Ratio (Ords to ADRs): 1:1 PETROBRAS is one of the world's molar integrated oil and gas companies, engaging in all aspects of...

Royal & SunAlliance Insurance Group Plc. (Citibank Depositary Receipt Issuers).(Brief Article)
January 1, 2002... ROYAL & SUNALLIANCE INSURANCE GROUP PLC Country: UK Exchange: NYSE Ticker: RSA CUSIP: 78004V202 Ratio (Ords to ADRs): 5:1 Royal & SunAlliance is one of the world's largest international insurance groups and...

Siliconware. (Citibank Depositary Receipt Issuers).(Brief Article)
January 1, 2002... SILICONWARE Country: Netherlands Exchange: NASDAQ Ticker: SPIL CUSIP: 827084864 Ratio (Ords to ADRs): 5:1 Siliconware is engaged mainly in the packaging, promotion, sales and after sales service of customer...

United Pan-Europe Communications N.V. (UPC). (Citibank Depositary Receipt Issuers).(Brief Article)
January 1, 2002... UPC (UNITED PAN-EUROPE COMMUNICATIONS N.V.) Country: Netherlands Exchange: NASDAQ Ticker: UPCOY CUSIP: 911300200 Ratio (Ords to ADRs): 1:1 United Pan-Europe Communications N.V. (UPC), headquartered in...

Association honors mutual fund companies for communications excellence. (MFEA Points Out New STARs).(Mutual Fund Education Alliance, Shareholder Trust And Responsibility Award)(Brief Article)
January 1, 2002... In November, the fifth annual STAR Awards for Excellence in Shareholder Communications was presented by the Mutual Fund Education Alliance (MFEA), the national trade association of the no-load fund industry. The Shareholder Trust And...

Fancy financing for Enron goes Pfffft! But don't lose hope, analysts say. (Gas Leak).(Brief Article)
January 1, 2002... Enron's recent crash, one of the biggest Chapter 11 reorganizations ever, may allow the energy giant to emerge with a second life as a smaller trader with different management and a supporting bank as a partner, said John Olsen, director of...

2001 Transamerica Retirement Survey reveals employee and employer feelings on retirement funds. (A Secured Future).(Brief Article)(Statistical Data Included)(Polling Data)
January 1, 2002... As the shrinking federal budget surplus puts new pressure on Social Security, many Americans plan to boost their savings where they work or on their own. The 2001 Transamerica Retirement Survey, as well as a follow-up poll taken after September...

New company promises major breakthrough in fight against money laundering. (Out of Pocket).(NobleStreet)(Brief Article)
January 1, 2002... Fledgling company, NobleStreet, is setting out to combat the money laundering industry. Founded by a group of leading legal. regulatory and anti-money laundering experts in a joint venture with LexisNexis, the company will provide solutions to...

Tracks and Treks of money managers and analysts. (Buyside on the Buy Side).(financial services industry business)
January 1, 2002... J.P. Morgan/American Century Retirement Plan Services and Towers Perrin announced that they have reached agreement in principle to the formation of a strategic alliance to offer comprehensive retirement services. J.P. Morgan/American Century...

Everything else can wait. (Tributes).(George Harrison)(Brief Article)(Obituary)
January 1, 2002... The generation that changed the world, led by the music and ideas of the Beatles, itself changed at the loss of George Harrison. Often referred to as the youngest and quietest member of the Beatles, Harrison died November 29 in Los Angeles at...

Making the grade: Buyside's who's-who of stocks that made the grade with a recommendation upgrade or initiation to 'Strong Buy'. (For Strong Buys Only).(Illustration)(Statistical Data Included)
January 1, 2002... Making the Grade BUYSIDE'S WHO'S-WHO OF STOCKS THAT MADE THE GRADE WITH A RECOMMENDATION UPGRADE OR INITIATION TO 'STRONG BUY' COMPANY TICKER ANALYST FIRM ADVERTISING The Interpublic ...

Braving the New World: Healthcare and insurance issues are the first to venture out in post September 11 market. (IPOS).(initial public offerings)(Brief Article)(Statistical Data Included)
January 1, 2002... Not surprisingly, the IPO pricing calendar was virtually cleared in the month of September following the terrorist attacks. Then new issues kicked back into gear on October 4 with the premiere of Given Imaging (GIVN), an Israel-based medical...

Global positioning: Creating winning mCommerce business models in financial services. (Tech Strategies).(mobile commerce)(Brief Article)
January 1, 2002... Mobile commerce, or mCommerce, is something that financial services firms cannot ignore. Of the people using wireless today, only a small fraction are currently using it for financial services but that number is expected to grow rapidly. A...

Sharp learner: Richard Rosen / MacKay Shields. (Money Manager Profile).(Statistical Data Included)
January 1, 2002... Richard Rosen likes learning. And, since his early days as a broker for Merrill Lynch, Rosen knew he loved being in the business. When subsequent employer Marine Midland Bank moved him from sales into their trust area as a junior portfolio...

Living large: Victory Capital Management. (Buy Side Research Department Profile).
January 1, 2002... Victory Capital Management has quite a success record. Recently ranked 58th in assets under management by Institutional Investor, Victory remains one of the leading practitioners of large-cap value style funds. Victory also recently was ranked...

Taking it all in stride: Soaring higher on the loft of its efforts in one of the most challenging years yet, Lehman Brothers again gets the nod from institutional investors. (Lehman Brothers).(includes related article)(Company Profile)(Statistical Data Included)
January 1, 2002... Success can be contagious. Like a cough or a cold, it can quickly make its way around the office. Thankfully, the symptoms are a lot more positive. Given the analogy, one might say that Lehman Brothers' research department has an acute...

Pier 1 Imports, Inc. (Lehman Brothers).(Brief Article)(Statistical Data Included)(Company Profile)
January 1, 2002... COMPANY DESCRIPTION: Pier 1 Imports, Inc. is one of North America's largest specialty retailers of unique decorative home furnishings and gifts. Pier 1 directly imports from over 50 countries around the world, displaying merchandise in a...

Golden State Bancorp Inc. (Lehman Brothers).(Brief Article)(Company Profile)(Statistical Data Included)
January 1, 2002... COMPANY DESCRIPTION: Based in San Francisco, Golden State Bancorp is the publicly traded parent of California Federal Bank. Cal Fed is the second largest California based depository institution, with $59 billion in assets and 356 branches...

Dime Community Bancshares, Inc. (Lehman Brothers).(Brief Article)(Company Profile)(Statistical Data Included)
January 1, 2002... COMPANY DESCRIPTION: Dime Community Bancshares, Inc., a holding company for Dime Savings Bank of Williamsburgh, Brooklyn, NY, is a community-oriented financial institution with 18 branches in New York City and Nassau County, NY. Dime...

Fairchild: Semiconductor[R]. (Fact Sheets).(Brief Article)(Company Profile)(Statistical Data Included)
January 1, 2002... CORPORATE PROFILE: Fairchild Semiconductor International, Inc. is a leading global supplier of high performance products for multiple end markets. With a focus on developing leading edge power and interface solutions to enable the...

KLA-Tencor Corporation. (Lehman Brothers).(Brief Article)(Company Profile)(Statistical Data Included)
January 1, 2002... COMPANY DESCRIPTION: KLA-Tencor Corporation is the world's leading supplier of process control and yield management solutions for the semiconductor and related microelectronics industries. The company's comprehensive portfolio of products,...

Elan Corporation. (Lehman Brothers).(Brief Article)(Company Profile)(Statistical Data Included)
January 1, 2002... COMPANY DESCRIPTION: Ireland-based Elan Corporation is a fully integrated biopharmaceutical company, pioneering exciting new research and development in Alzheimer's disease, Parkinson's disease, multiple sclerosis, cancer, pain management...

Terayon Communication Systems, Inc. (Lehman Brothers).(Brief Article)(Company Profile)(Statistical Data Included)
January 1, 2002... COMPANY DESCRIPTION: Terayon Communication Systems, Inc. provides innovative broadband systems and solutions for the delivery of advanced, carrier-class voice, data and video services that are deployed by the world's leading cable...

Intrawest Corporation. (Lehman Brothers).(Brief Article)(Company Profile)(Statistical Data Included)
January 1, 2002... COMPANY DESCRIPTION: Intrawest Corporation is the leading developer and operator of village-centered destination resorts across North America. It is redefining the resort world with its ten mountain resorts, one warm-weather resort, 20...

BankAtlantic Bancorp. (Lehman Brothers).(Brief Article)(Company Profile)(Statistical Data Included)
January 1, 2002... COMPANY PROFILE: Bank Atlantic Bancorp is a diversified financial services holding company and the parent company of BankAtlantic, Levitt Corporation and Ryan, Beck & Co. Through its subsidiaries, BankAtlantic Bancorp provides a full line...

Performance Food Group. (Lehman Brothers).(Brief Article)(Company Profile)(Statistical Data Included)
January 1, 2002... COMPANY DESCRIPTION: Performance Food Group is the third largest distributor in the Foodservice Distribution Industry. The company markets and distributes more than 36,000 national and private label food and food-related products to...

Western Multiplex Corporation. (Lehman Brothers).(Brief Article)(Company Profile)(Statistical Data Included)
January 1, 2002... COMPANY DESCRIPTION: Western Multiplex Corporation makes wireless equipment that connects networks between buildings. he company's products offer higher bandwidth, aster installation and lower cost compared to wire lines and fiber. The...

Edison International. (Lehman Brothers).(Brief Article)(Company Profile)(Statistical Data Included)
January 1, 2002... COMPANY DESCRIPTION: Edison International is an electric power generator, distributor and structured finance provider. Edison's family of companies develops, acquires, finances, owns, operates and maintains reliable and efficient power...

Parker Drilling, Inc. (Lehman Brothers).(Brief Article)(Company Profile)(Statistical Data Included)
January 1, 2002... COMPANY DESCRIPTION: Parker Drilling Company is a drilling contractor operating onshore and offshore around the world. The company provides drilling rigs, labor management and a rental tool business to the energy industry. Its primary...

StanCorp Financial Group, Inc. (Lehman Brothers).(Brief Article)(Company Profile)(Statistical Data Included)
January 1, 2002... COMPANY DESCRIPTION: StanCorp Financial Group, Inc., through its wholly owned subsidiaries -- Standard Insurance Company and The Standard Life Insurance Company of New York --- is a leading provider of employee benefits products and...

Administaff, Inc. (Lehman Brothers).(Brief Article)
January 1, 2002... COMPANY DESCRIPTION: Administaff, Inc. is the third-largest U.S. professional employer services organization (PEO). PEOs provide human resource outsourcing solutions for the permanent employees of small to medium-sized firms. Through...

City National Corporation. (Lehman Brothers).(Brief Article)(Company Profile)(Statistical Data Included)
January 1, 2002... COMPANY DESCRIPTION: City National Corporation is a publicly owned company with $9.8 billion in assets. Its wholly owned subsidiary, City National Bank, provides banking, trust and investment services through 50 offices in 10 California...

Celgene Corporation. (Lehman Brothers).(Brief Article)
January 1, 2002... COMPANY DESCRIPTION: Ceigene Corporation is a pharmaceutical company with a major focus on the discovery, development and commercialization of small molecules for cancer and immunological diseases. INVESTMENT CONCLUSION: Within...

A time for biotech. (Lehman Brothers).(Brief Article)
January 1, 2002... THE BIBLICAL ADAGE GUM 1960s ANTHEM, "FOR EVERY THING THERE IS A season and a time for every purpose under heaven," may not have specifically meant biotechnology, but it could have. Michael Wood of Lehman Brothers sees this as the time for...

Dyax Corp. (Lehman Brothers).(Brief Article)
January 1, 2002... COMPANY PROFILE: Dyax Corp. is a biopharmaceutical company that has developed and patented phage display technology with broad applications in the discovery and development of new therapeutic, separations, diagnostic and industrial enzyme...

Neurocrine Biosciences, Inc. (Lehman Brothers).(Brief Article)
January 1, 2002... COMPANY DESCRIPTION: Neurocrine Biosciences, Inc. is a product-based biopharmaceutical company focused on neurological and endocrine diseases and disorders. INVESTMENT CONCLUSION: The current strength in biotech stocks is...

The round table: Y2K hosted the tech wreck, enigmatic 2001 delivered recession, what dragons must 2002 thwart? Key market watchers offer the sectors they expect to carry the year. (Special Report Part I: Outlook 2002).(Brief Article)
January 1, 2002... It is official. The federal government, in the form of the National Bureau of Economic Research, confirmed in November what corporations and consumers alike had known for nearly a year: The U.S. economy is in a recession. The only...

Insurance: Number one contender; The Williams Capital Group. (Analyst Showcase).(Brief Article)
January 1, 2002... VERY FEW SUPPLY-DEMAND DYNAMICS HAVE CHANGED as significantly as the insurance industry's in the wake of September II. Increased demand for insurance products following the terrorist attacks could far exceed supply in the upcoming years as...

Venturing abroad: On the advent of the hard currency Euro, market watchers take a look at its impact, ECB activity and U.S. dependency on foreign capital. (The Euro & Europe).(Brief Article)
January 1, 2002... As America goes, so goes the rest of the world. At least that used to be the case. Today, with the onset of a recession and consumer confidence waning as the country wages an uncertain war, Europe is looking more and more like a safe haven, at...

Solid solution: EDA, software's hottest segment, holds the key to cousin semiconductor's next best chip. (Electronic Design Automation).(Brief Article)
January 1, 2002... The tale of semiconductors in 2001 aimed to find a silver lining that the markets failed to produce. This article is not a morbid post-mortem on the industry, a lugubrious tale from the pen of Poe featuring a raven, a tell-tale heart and the...

All things considered: REITS, facing the intensely complex and challenging economic climate, remain a prime investment concern. (REITS).(Brief Article)
January 1, 2002... While the current recession may not be attributed to the September 11 attacks, the events of that day continue to hold the economy hostage. Residual crises such as a new kind of war in South Asia, anthrax by mail, airline security, corporate...

A balanced philosophy: Ladenburg Thalmann demonstrates how top companies come out of down markets stronger. (Research Department Profile).(Brief Article)
January 1, 2002... In a hallmark of bearish times like these, the intelligent are prepared to strengthen their position. Ladenburg Thalmann & Co. Inc., for example, is in a growth phase. Currently, Research Director Donald Newman heads the firm's research team of...

Collateral Therapeutics, Inc. (Ladenburg Thalmann).(Brief Article)
January 1, 2002... Company Description: Collateral Therapeutics, Inc., based in San Diego, Calif., is a product-driven cardiovascular gene therapy company. Collateral's initial non-surgical gene therapy product candidates are designed to promote and enhance...

Mad Catz Interactive, Inc. MCZ: TSE/AMEX. (Investor Fact Sheet).(Brief Article)
January 1, 2002... Mad Catz Interactive, Inc. designs develops, manufactures and markets a full range of accessories for video game consoles and PC gaming systems. Mad Catz is a worldwide leader of innovative peripherals in the ever-growing interactive...

Truly valuable. (Editor's Letter).(Brief Article)
January 1, 2002... The outlook for 2002 is a bright one after all; a minor miracle given the rocky ground of world events. There is no doubt that there has been a shift. Bruce McDougal of the Globe put it colorfully: "Value investors have finally emerged from one...

Crystallized method: John Smolinski / TD Asset Management. (Money Manager Profile).(Statistical Data Included)
January 1, 2002... Serving as managing director of portfolio management and research for TD Asset Management. John Smolinski follows a regimen that is methodical and well crafted. His is a contrivance borne of a desire to succeed over the long haul, which is...

Set the bar high: Scotia Capital emphasizes individual strengths and high standards. (Research Department Profile).(Brief Article)
January 1, 2002... Laurel Ward joined Scotia Capital four years ago with a clear objective: Propel the company's equity research team from a mid-tier influence to a top-tier player. Easier said than done, perhaps, but her strategy seems to be on the right...

TimberWest Forest Corp. (TWF.UN : TSE). (Scotia Capital).(Brief Article)
January 1, 2002... Company Description: TimberWest Forest Corp. operates exclusively in the solid wood segment of the forest industry. It operates entirely in the coastal region of British Columbia and is engaged in the harvesting and sale of logs, the...

Barrick Gold Corporation (ABX : TSE). (Scotia Capital).(Brief Article)
January 1, 2002... Company Description: Barrick Gold Corporation is a leading international gold producer with operating mines and development projects in the U.S., Peru, Tanzania, Australia, Canada, Chile and Argentina. The Company is expected to produce...

Supply and demand: Analysts believe REITS are well positioned for the economic turnaround. (REITS).(Brief Article)
January 1, 2002... Canada's real estate market is generally viewed as a pretty stable asset class right now in spite of a weakening economy and the modest softening in rents. Analysts feel the sector will be in a good position. when the economy turns around, to...

Raising the bar: Committee recommendes changes to the rules governing analysis. (Insights & Conference Calendar).(report by Securities Industry Committee on Analyst Standards)(Brief Article)
January 1, 2002... The Securities Industry Committee on Analyst Standards (SICAS) issued a final report entitled "Setting Analyst Standards." In this report, the committee, formed by the Toronto Stock Exchange and the Investment Dealers Association, a...

Buyside Canada on the buy side. (Insights & Conference Calendar).(Brief Article)
January 1, 2002... Geoffrey MacDonald with AIM Funds Management assumed management of the Trimark Americas Fund. He continues to manage the Trimark Canadian Endeavor and Trimark Canadian Resources funds as well. Former co-managers of the Trimark Americas fund,...