Buyside articles from June 2002

Buyside archives from June 2002

GTC Biotherapeutics.
June 1, 2002... GTC Biotherapeutics (NASDAQ: GTCB) is a world leader in the production of therapeutic proteins from the milk of transgenic animals. Many of the medicines under development by GTC Biotherapeutics are monoclonal antibodies (Mabs) and...

Dollar Thrifty automotive group. (Jefferies).
June 1, 2002... Rating: Buy (Excerpted from the April 18, 2002 Research Report) (DTG: NYSE) Company Description: Dollar was founded in 1965 and was subsequently purchased by Chrysler in 1990. During this time, Dollar had grown to more than $80...

First Data Corporation. (Jefferies).
June 1, 2002... Rating: Buy (Excerpted from the April 12, 2002 Research Report) (FDC: NYSE) Company Description: First Data Corporation is the leading provider of global electronic payment solutions serving 317 million credit card accounts through...

Calendar of events.(Brief Article)(Editorial)
June 1, 2002... Oscar Wilde once said, "Most modern calendars mar the sweet simplicity of our lives by reminding us that each day that passes is the anniversary of some perfectly uninteresting event." The following events probably won't end upon our calendars,...

Sempra energy. (Jefferies).
June 1, 2002... Rating: Buy (Excerpted from the April 16, 2002 Research Report) (SRE: NYSE) Company Description: Sempra Energy is an energy services holding company with operations throughout the U.S., Canada, Europe, Asia, Mexico and other countries...

Bloomberg Wealth Manager surveys money managers to compile ranking of muni firms. (Take the Muni).
June 1, 2002... In a new ranking of independent municipal separate-account managers by Bloomberg Wealth Manager magazine, Nuveen Investments received top-notch ratings. The study is the first of its kind to identify and rank those who manage municipal-bond...

A new twist on the quest for objectivity: StarMine. (Mining Their Own Business).(Brief Article)
June 1, 2002... Due to reported allegations regarding the objectivity of Wall Street analysts, some investment banks are looking to remedy the problem by deploying StarMine, a provider of independent, objective ratings of Wall Street securities analysts....

Credit Suisse Asset Management taps multex to help beef up its services. (CSAM Run).(Brief Article)
June 1, 2002... Credit Suisse Asset Management (CSAM), the institutional and mutual fund asset management arm of Credit Suisse First Boston, is adding new tools to its research arsenal via Multex.com, a company that provides investment information and...

Barra offers the Cosmos: new 3.0 version gives fund managers access to comprehensive global credit risk model. (Tools and Retools).(Brief Article)
June 1, 2002... Risk management technology guru Barra launched version 3.0 of the Barra Cosmos System, the first global fixed income risk management product designed to help portfolio managers control portfolio-level risk and optimize return in multi-currency,...

FIDO takes a chomp out of the competition in offshore fund performance. (They've Got the Whole World in Their Hands).(Fidelity Investments)
June 1, 2002... Fidelity Investments is trying to raise its profile in international investing, as reported in a recent New York Times article. According to Morningstar, in the three years through March, Fidelity's international funds fared better on...

Thompson Financial and Advent join forces to offer sophisticated whole office tools to smaller buy siders. (Standing in the Gap).(Brief Article)
June 1, 2002... Advent Software and Thomson Financial, an operating unit of the Thomson Corp., are teaming up to offer special editions of three of Thomson's leading brands, Vestek, First Call and AutEx. These bundled decision and operational support solutions...

Buyside on the buy side. (Insights).
June 1, 2002... Transamerica Investment Management (TIM) announced that AEGON Transamerica Fund Advisers has selected TIM to act as the sub-adviser for two portfolios in its AEGON Transamerica Series Funds (ATSF) and to manage additional assets in two funds...

Checking in with Dr. Ed. (Other Notables).
June 1, 2002... Ed Yardeni was starting to get suspicious. Corporate America was doing the impossible. Quarter after quarter. year after year though the late 1990s, earnings consistently beat analyst projections. Yeah. the economy was booming, but competition...

Industrial middle market sector sees jump in investor interest. (The Rise of Industry).
June 1, 2002... The middle market industrial sector is setting a pace that has not been matched in years. Through May 7, there have been 14 follow-on common stock offerings, raising over $2 billion in new equity. During the same period in 2001, there were only...

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).
June 1, 2002... AIRLINES Continental Airlines (CAL) BASIS FOR STRONG BUY: Industry results for the March quarter were not pretty, but then that was what we had expected. Even then, earnings came in slightly better than our forecast of $2.025...

First Pacific's prolific pair I: value lessons. (Money Managers Profiles).(First Pacific Advisors Inc.)(Robert Rodriguez, Rikard Ekstrand)
June 1, 2002... Rikard Ekstrand First Pacific Advisors When most fund managers were weighting their portfolios in over-inflated Internet stocks, those at First Pacific Advisors resisted, never flinching in their value-orientated views on sectors and...

First Pacific's prolific pair II: new foundation from an old wall. (Money Managers Profiles).(First Pacific Advisors)
June 1, 2002... Steven R. Geist First Pacific Advisors Steven R. Geist remembers vividly when he made a life-changing decision: does November 9, 1989 ring a bell? Some of us can still remember former President Ronald Reagan's words: 'Mr. Gorbachev, tear...

A farewell to arms?
June 1, 2002... Aerospace And Defense Stocks Have Benefited From The Heightened number of Global Hot Spots, And Market Watchers Expect Them To Seek Greater Altitude. Think of it as a 38-ton canary. Like the canary in the mineshaft, the life or death of...

Lasting bonds: investors' sweethearts, real estate investment trusts go on the offensive with improving fundamentals. (Reits).
June 1, 2002... June, the month of "to have and to hold," might have a fitting application to investors' love of REITs. One could look at the sector by "counting the ways." By far the biggest attraction is the guaranteed disbursement of dividends, which...

Trizec Properties, Inc.
June 1, 2002... www.trz.com Stock Exchange: NYSE Symbol: TRZ Share price: $16.52 (as of 5/20102) Market Cap.: $2.5 billion (as of 5/20/02) Trizec Properties, Inc., (NYSE: TRZ) a real estate investment trust (REIT) headquartered in New...

Lexington Corporate Properties Trust. (Equity Research).(Brief Article)
June 1, 2002... Rating: Buy (LXP: NYSE) Company Description: Lexington Corporate Properties Trust is a triple-net lease REIT headquartered in New York City. The company's portfolio consists of 98 properties located in metropolitan and suburban markets...

Equity One, Inc.-The Supermarket REIT.(Brief Article)
June 1, 2002... Equity One, Inc.-The Supermarket REIT May 28, 2002 NYSE: EQY Recent Price - 5/28/02 $13.70 52 Week Range $10.30-$14.75 Annual Dividend $1.08 Dividend Yield ...

All the right reasons: socially responsible investing offers shelter from market storms, like enron and buyers' strikes, as well as good old fashioned performance. (Special Report: Socially Responsible Investing).
June 1, 2002... "Greed is goad." It was a mantra made famous in Oliver Stone's 1987 box-office hit, Wall Street. Michael Douglas won an Oscar for his portrayal of millionaire raider and trader Gordon Gekko, who would do anything to win, including breaking the...

Icons of old: guided by global needs and facing significant trade conflicts, steel hits the front pages again. (Steel).
June 1, 2002... There was a time when the economic well-being of the United States could be summed up in one word: manufacturing. Every American television viewer knew what a blast furnace looked like. Chet Huntley held the attention of the nation when he...

The new farmers almanac: from dirt to drugs, agrichemicals & agribiotech are part of the front end of the global economy. (Agrichemicals & Agribiotech).
June 1, 2002... Agricultural chemicals is not an easy business to be in. The sector, which encompasses a variety of products that range from fertilizers to biotechnology is subject to the ever-changing fortunes of farming as well as the economic and political...

Line in the sand: with continued Middle Eastern unrest, is the world ready to shift its oil demand to other areas? (Special Report: Oil & Gas Part II).
June 1, 2002... In an age of political uncertainty; having the majority of oil coming out of a potential war zone is not exactly reassuring to American consumers, but it's not something that is likely to change any time soon. The U.S. consumes a lot of oil--in...

Southwestern Energy Company. (Analyst Roundtable).
June 1, 2002... Southwestern Energy Company (SWN) is primarily focused on natural gas. Southwestern's strategy is to add $1.30 to $1.50 in discounted value for every dollar invested in a well-balanced exploration and production program in the Arkoma and...

Canadian Superior Energy Inc. (Analyst Roundtable).
June 1, 2002... Canadian Superior Energy Inc. (SNG) is a Calgary, Alberta-based oil and gas exploration and production company. The company is one of the largest acreage holders with a 100% interest in 934,065 acres offshore Nova Scotia. The company trades on...

Research revival: building on its strong trading reputation, Jefferies develops a research product of the same caliber. (Research Department Profile).
June 1, 2002... When Director of Equity Research Steve Black joined Jefferies & Company, Inc. three years ago. he had his work cut out for him. "We had 15 or so senior analysts, but the quality of the product was not up to standard," says Black. ...

National Service Industries, Inc. (Jefferies).
June 1, 2002... Rating: Buy (Excerpted from the May 20,2002 Research Report) (NSI: NYSE) Company Description: National Service Industries, Inc. (NSI) is a diversified industrial company with 2001 sales of $560 million. The company's two business...

HealthStream, Inc. (Jefferies).
June 1, 2002... Rating: Accumulate (Excerpted from the May 2, 2002 Research Report) (HSTM: NASDAQ) Company Description: Headquartered in Nashville, Tenn., HealthStream, Inc. is the leading provider of Internet-based training and education services...

Remington Oil and Gas Corporation. (Jefferies).
June 1, 2002... Rating: Buy (Excerpted from the May 23, 2002 Research Report) (ROIL: NASDAQ) Company Description: Remington Oil and Gas Corporation is an independent energy company that is primarily engaged in the exploration, development and...

ManTech International Corporation. (Jefferies).
June 1, 2002... Rating: Buy (Excerpted from the May 10,2002 Research Report) (MANT: NASDAQ) Company Description: ManTech International Corporation delivers a broad array of information technology and technical services solutions to U.S. federal...

Close to home.(Jefferies and Company Inc.)
June 1, 2002... S. MAGNUS FYHR, MANAGING DIRECTOR for Jefferies & Company, Inc. built a home in the West. Originally from Sweden, Fyhr came to the U.S. on a track scholarship to attend Houston Baptist University 17 years ago. There he earned an MBA, and a...

OMI Corporation. (Jefferies).
June 1, 2002... Rating: Buy (Excerpted from the May 08, 2002 Research Report) (OMM: NYSE) Company Description: OMI Corporation operates a modern fleet of 33 vessels, or 2.3 million dwt of carrying capacity, tankers with an average age of only 6.6...

Frontline Ltd. (Jefferies).
June 1, 2002... Rating: Buy (Excerpted from the May 22, 2002 Research Report) (FRO: NYSE) Company Description: Frontline Ltd. operates the world's largest tanker fleet with a dominant position in the VLCC and Suezmax markets. In addition,...

TORM. (Jefferies).
June 1, 2002... Rating: Buy (Excerpted from the April 29, 2002 Research Report) (TRMD: NASDAQ) Company Description: TORM was founded in 1889 and has more than a century-long track record in the shipping industry. The company has prevailed through...

Stelmar Shipping Ltd. (Jefferies).
June 1, 2002... Rating: Buy (Excerpted from the May 07, 2002 Research Report) (SJH: NYSE) Company Description: Stelmar Shipping Ltd. is an international tanker company focusing primarily on transporting both crude oil and refined products through...

Lights of L.A.: Wedbush Morgan securities carves out its Niche in Sunny California. (Research Department Profile: Wedbush Morgan Securities).
June 1, 2002... Wedbush Morgan Securities may be the only investment bank in Los Angeles, but while some might view this as an obstacle, the company sees only opportunities. Other firms left town to follow the tech boom in San Francisco, were gobbled up...

Driving force: dedicated to growth, and focused on research and banking in the right order, Pacific Growth Equities has stellar returns. (Research Department Profile: Pacific Growth Equities).
June 1, 2002... Pacific Growth Equities is an institutional-only brokerage and investment banking firm that specializes in emerging growth companies. The firm has a solid footing in technology and healthcare, and has recently expanded into the consumer space....

Corrections & Amplifications.(Correction Notice)
June 1, 2002... The May 2002 issue of Buyside contained an incorrect ticker symbol in the article, "Oil Abd Sand," by Christian M. Chensvold. Sharp-eyed readers note that the correct ticker symbol for quicksilver resources is KWK.

Capitulate this. (Publisher's Letter).(Editorial)
June 22, 2002... As we headed to press stocks were bumping and grinding along the rocky shoals of a thoroughly deflated and discouraged market. Things were so bad even Fed chairman Greenspan's conversion from bear to bull in June, when he announced the market...

Decision-making technology whose time has come: what other industries can teach portfolio managers about optimization. (Guest Column).
June 22, 2002... Today's equity markets are forcing portfolio managers to deal with complex issues that only a few years ago were unimaginable. Not only is it difficult to get real returns in a volatile, unforgiving market, but a combination of new regulations,...

News with a view. (Insights).(InvestorForce Inc.'s survey of top performing account managers )
June 22, 2002... InvestorForce, a provider of technology-based solutions to institutional investment professionals, has identified the top performing equity and fixed income separate account managers in 19 asset classes. The survey was based on performance...

Mellon, London Pacific to offer managed account platform. (Insights).(Mellon Global Securities Services)(Brief Article)
June 22, 2002... Mellon Global Securities Services, a global provider of custody and investment manager services, and London Pacific Advisors, a registered investment advisor, are forming a strategic partnership to develop turnkey managed account platforms for...

Reuters and Instinet team up to improve trading transactions. (A Collaborative Effort).(Brief Article)
June 22, 2002... Reuters, the global news and information technology group, and Instinet, the world's largest electronic agency securities broker, are ramping up their efforts to increase customer access to Instinet's electronic trading capabilities using...

Nasdaq develops new regulations to protect investors. (Playing by the Rules).(Brief Article)
June 22, 2002... Responding to the call for corporate governance reforms, the Nasdaq recently announced that it has developed key rules to be filed with the SEC and published in the Federal Register. Included in its process to develop and implement these...

Investment banks separate stock research after Merrill Lynch settlement. (Following Suit).
June 22, 2002... After Merrill Lynch's settlement with New York Attorney General Eliot Spitzer over conflicts of interest between its research and banking arms, many firms are re-evaluating their research efforts. In addition to paying $100 million, Merrill...

M&A attitude survey results. (Welcome to the Buyer's Market).
June 22, 2002... Sellers of small private IT companies are moderating their price expectations, but buyers remain wary of committing capital to acquisitions, according to Kuhn Capital's first ever M&A attitude survey. The survey was compiled in May 2002 by...

U.S. Global Investors. (Buyside on the Buy Side).(management issues)(Brief Article)
June 22, 2002... U.S. Global Investors (GROW) announced that as of June 5, 2002, the U.S. Global Accolade Funds' Regent Eastern European Fund (EUROX) will be renamed the Eastern European Fund. This revision is a result of the recent change of the sub-adviser's...

Delaware Investments. (Buyside on the Buy Side).(executive changes)(Brief Article)
June 22, 2002... Delaware Investments has hired Dina Welch as a vice president and portfolio manager. She will be responsible for managing insurance assets in the firm's fixed income department. Prior to joining Delaware, Welch was an assistant vice president...

ABN AMRO Asset Management. (Buyside on the Buy Side).(executive changes)(Brief Article)
June 22, 2002... Bernard Myszkowski and Richard Drake of Chicago Capital Management have replaced Paul Becker and Nancy Ellefson of ABN AMRO Asset Management as portfolio managers of the ABN AMRO Growth Fund. Wayne McCurrie has left RMB Asset Management. His...

Arvest Trust. (Buyside on the Buy Side).(executive changes)(Brief Article)
June 22, 2002... James Redman left the asset management department of Arvest Trust. Christopher Magee and Dan Safranek have assumed his equity portfolio management responsibilities until a replacement is found.

Harris Associates. (Buyside on the Buy Side).(executive changes)(Brief Article)
June 22, 2002... Portfolio manager N. David Samra and analyst Daniel O'Keefe, both formerly of Harris Associates, recently joined Artisan Partners as international value portfolio manager and analyst, respectively. Robert Taylor and Chad Clark have temporarily...

Capital Growth Management. (Buyside on the Buy Side).(management issues)(Brief Article)
June 22, 2002... Mutual fund manager Capital Growth Management has closed both the CGM Fixed Income Fund and CGM American Tax Free Fund.

Sirach Capital Management. (Buyside on the Buy Side).(portfolio manager Kurt Polk resigns)(Brief Article)
June 22, 2002... Portfolio Manager Kurt Polk recently left Sirach Capital Management. His responsibilities have been redistributed within the firm.

American Century Investment Management. (Buyside on the Buy Side).(executive changes)(Brief Article)
June 22, 2002... Kenneth Crawford left American Century Investment Management leaving Timothy Reynolds as the sole manager of the American Century Select Fund. Hope Willard, formerly of Waddell & Reed, recently joined the team covering financial services. Her...

Van Kampen American Capital Management. (Buyside on the Buy Side).(executive changes)(Brief Article)
June 22, 2002... Portfolio manager and analyst Scott Carroll, formerly of Van Kampen American Capital Management, joined Goldman Sachs Asset Management. He will work on the domestic value team covering mall/mid/large-cap consumer services, consumer...

UBS Asset Management. (Buyside on the Buy Side).(portfolio manager Maximillian Anderl relocates to London, England office)(Brief Article)
June 22, 2002... Maximillian Anderl has moved from UBS in Zurich to UBS Asset Management in London, where he will resume his position as a portfolio manager.

MFS Investment Management. (Buyside on the Buy Side).(personnel changes)(Brief Article)
June 22, 2002... Portfolio manager Neil Wagner, formerly of MFS Investment Management, and Jean Rosenbaum now co-manage the BlackRock Mid Cap Growth Portfolio. Wagner also manages the BlackRock Small Cap Growth Portfolio. William Wykle and Michael Carey, CFA...

BlackRock. (Buyside on the Buy Side).(BlackRock Advisors Inc. joined by analyst Andrew Thut)(Brief Article)
June 22, 2002... Analyst Andrew Thut, formerly of MFS Investment Management, joined BlackRock as a small/mid cap growth analyst. The director of research, David Antonelli, assumed Wagner's responsibilities managing the MFS New Discovery and MFS Institutional...

Andor Capital Management. (Buyside on the Buy Side).(joined by analyst Michael Beckwith)(Brief Article)
June 22, 2002... Network infrastructure analyst Michael Beckwith left Robertson Stephens and joined Andor Capital Management where he will continue to focus on a similar universe. His coverage at Robertson Stephens will be divided up in the coming weeks between...

Former Wachovia Securities. (Buyside on the Buy Side).(associate Daniel Moore joins CJS Securities)(Brief Article)
June 22, 2002... Former Wachovia Securities research associate Daniel Moore joined CJS Securities as an analyst. He focuses on small-cap stocks of all sectors, including media stocks. Additionally, advertising research associate Maurice McKenzie left Wachovia...

Columbus Circle Investors. (Buyside on the Buy Side).(personnel changes)(Brief Article)
June 22, 2002... Analyst Michelle Ward recently left Columbus Circle Investors. Her responsibilities have not yet been reassigned. Jeanne Ernst, previously with Husic Capital Management, has joined Gardner Lewis Asset Management as an analyst. She will not have...

Murphy Investment Management. (Buyside on the Buy Side).(personnel changes)(Brief Article)
June 22, 2002... Charity Hunter DeLuca recently left Murphy Investment Management. At this time, the firm has not named a replacement. Stephen Daubs recently left Reams Asset Management Co. The firm has not yet made any plans to replace him. Mike Dixon has left...

Adams Express Co. (Buyside on the Buy Side).(personnel changes)(Brief Article)
June 22, 2002... David Schiminger recently joined Adams Express Co. where he will cover healthcare, media, food, beverages, consumer non-durables and personal products. Schiminger previously worked as an analyst for Mercantile Safe Deposit & Trust. His coverage...

Millennium International Management. (Buyside on the Buy Side).(personnel changes)(Brief Article)
June 22, 2002... Joseph Covino, who was previously a telecommunications equipment analyst with Bear Stearns, is now a small-cap technology and telecommunications analyst for Citizens Advisers. Biotech specialists Edmund Debler and Steve Lisi have joined...

Marsico Capital Management. (Buyside on the Buy Side).(personnel changes)(Brief Article)
June 22, 2002... Daniel Crowe and Brett Spurr have left Marsico Capital Management. At this time, Joseph Chin is assuming both Crowe's telecom coverage and Spurr's technology coverage. Krista Bessinger recently left Amerindo Investment Advisors. The firm has...

USAA Investment Management Co. (Buyside on the Buy Side).(personnel changes)(Brief Article)
June 22, 2002... David Peebles left USAA Investment Management Co. and the firm is currently seeking a replacement to serve as head of the equity department. Janet Powers left Citizens Advisers to pursue other opportunities. Her healthcare, industrial products...

USAA Investment Management. (Buyside on the Buy Side).(personnel changes)(Brief Article)
June 22, 2002... Analyst Patrick Chidley recently left USAA Investment Management Co. His precious metals and metals and mining coverages have been redistributed based on cap size. Edward Maran assumed the large-cap portion, Christopher Matlock assumed the...

Market cycles show opportunities for active investors. (What Goes Around Comes Around).(Society of Asset Allocators and Fund Timers )
June 22, 2002... What does the future of the market hold? The Society of Asset Allocators and Fund Timers (SAAFTI) would tell investors to first look into the past to understand the future, According to SAAFTI, the market moves in cycles of over and...

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).
June 22, 2002... mleerskov@buyside.com COMPUTER HARDWARE Peter Ausnit, Deutsche Bank Securities 415-617-4202 IKON Office Solutions (IKN) BASIS FOR STRONG BUY: We rate the shares a strong buy. We have a $14.25 price target on...

Analyst roundtable.
June 22, 2002... 1-800-FLOWERS.COM, Inc. (FLWS) With one of the most recognized brands in gift retailing, 1-800-FLOWERS.COM provides a broad range of thoughtful gift products including flowers, plants, gourmet foods, candies, gift baskets and other unique gifts...

Secret to success: Murdo Murchison Templeton global advisors Franklin Templeton Investments. (Money Manager).
June 22, 2002... Murdo Murchison has a "Don't worry be happy" attitude toward the markets, and it's not just because he's based on a beautiful tropical island. Since the Templeton Growth Fund's inception in 1954 it has weathered a wide range of market...

Down to the wireless: in telecom, wireless sees healthiest future.
June 22, 2002... The notion that everything is relative is a hallmark of modern thought. But some things are not dependent upon subjective interpretation. These are known as facts, and it's a fact that over the past year the telecom industry has experienced the...

Who's shopping now? Consumers hold down the fort.
June 22, 2002... What do consumers want? More importantly, what will consumers buy while they worry about terrorism, nuclear war and their declining 401(k) plans? The University of Michigan's monthly consumer sentiment report shows a much sharper fall than...

Signs of life amid the ruins: finding Nasdaq 100 stocks that work for the long haul.
June 22, 2002... It was only a short time ago that the answer to the question, 'Which of the Nasdaq 100 stocks should I buy?' was simple: All of them. So much for simpler times. This index is now in the midst of its third losing year in a row. Today investors...

Initial Ratings.(Illustration)
June 22, 2002... INITIAL RATINGS Buyside looks at positive initiations within our Summer sectors. COMPANY TICKER ANALYST Consumer Goods Callaway Golf Co. ELY Carole Buyers Coach COH ...

Seasonal bliss: aging boomers drive demand in the leisure sector.
June 22, 2002... Americans are known for their ability to seek a good time, any time. Despite the ongoing war on terror and warnings from the State Department, Americans still manage to keep their wanderlust intact, even if they don't wander very far. The...

Utilities tool: finding hot spots in a cold sector.
June 22, 2002... Water is the prerequisite for life. And in the moribund utilities space, water companies continue to bubble with life, providing some interesting investment opportunities. Think of it as an oasis in the desert. "There's real opportunity...

UniSource Energy. (UNS Factsheet).(management issues)
June 22, 2002... Company Overview UniSource Energy Corporation's (NYSE: UNS) primary subsidiaries are Tucson Electric Power Company (TEP) and Millennium Energy Holdings, Inc. (Millennium). TEP provides a significant portion of UniSource revenues and net...

Wall Street's online traffic: day-trading stays brisk, but client relationships are the next wave. (Special Report).
June 22, 2002... With the go-go days of Internet brokerage a distant memory, banks are exiting the business while pure-play online brokerages scramble for survival. Nevertheless, the death of dreaded day-trading is an overplayed theme. In fact, day-trading has...

Small is beautiful: Merrill Lynch is talking up small-caps. (Research Focus).
June 22, 2002... Satya Pradhuman has a lot to say about the small-cap arena. Though the chief small-cap strategist for Merrill Lynch follows a meticulous system to whittle down 1,500 companies to a dozen or so, it's also true that following his investment...

ArvinMeritor at a Glance 2002.(financial performance)
June 22, 2002... ArvinMeritor At A Glance 2002 ArvinMeritor is a premier global supplier to the automotive industry, providing a broad range of integrated systems, modules and components to leading OEMs. Headquartered in Troy, Mich., the company operates...