The News Review:
- Neuberger Berman Management Lehman to Purchase Investment Unit
- Qualia Clinical Services: New Director Data Management and …
- Goldman wealth management unit hit by fund’s decline: report
- MMM Successfully Completes Contract Management Project for ERDAS
- Ahead of the Bell: Services sector reading
- Emptoris Contract Management Receives “Positive” Rating in New …
Neuberger Berman Management Lehman to Purchase Investment Unit
Bloomberg
4 (Bloomberg) — Lehman Brothers Holdings Inc. agreed tosell its investment management business including the NeubergerBerman fund unit to its managers in a deal that gives the bankruptsecurities firm a 49 percent stake. Terms weren?t disclosed. The group including Lehman executive.
Qualia Clinical Services: New Director Data Management and …
MarketWatch
Por’s proven background in leading and mentoring departmentsand developing strategy and compliance processes is exactly what weneed to further enhance the scope and level of services that weprovide our clients” stated Dr. Sohail Khattak CEO. “DataManagement and Regulatory Affairs are a very integral part of what wedo at Qualia and we are very confident that Dr. Por’s background andexpertise can take us to the next level. About Qualia Clinical Services Qualia Clinical Services is a full service CRO with locations in theUS Canada and Europe. Qualia provides Early and Late Phasedevelopment including Clinical Conduct Patient RecruitmentScientific Consultation Protocol and CRF Design and DataManagement. Team Qualia has over 100 years of combined industryexperience with a wealth of knowledge in a variety of therapeuticareas.
Goldman wealth management unit hit by fund’s decline: report
Reuters
8 billion in initial funding last year to invest in credit markets is down 55. 3 percent this year through the end of October the Financial Times said citing investors. This decline in the fund called Goldman Sachs Liquidity Partners 2007 has hurt the company’s plans to expand its wealth management operations the paper said. Goldman could not be immediately reached for comment. The fund which received $100 million from Goldman was launched in hopes of capitalizing on the turmoil roiling the credit markets the newspaper said. As part of its conservative stance the fund held 30 percent cash at all times and used less borrowed money than many hedge funds the Financial Times said. Its borrowings never amounted to more than 2.
Related from Insurancemonster: Goldman May Lead US-Backed Bond Sales After FDIC Rule Change
MMM Successfully Completes Contract Management Project for ERDAS
MarketWatch
The work was well worth the money; the company willdefinitely benefit from it. It feels like Christmas for me to behonest” she added. Morris Manning & Martin’s Contract Management System helpsbusinesses of all sizes manage their contracts more efficiently andeffectively. The firm launched the unique cost-effective solutionearlier this year. Experienced attorneys and paralegals from thefirm’s Technology Group work with clients to streamline a variety oflegal agreements including services vendors manufacturing salesand licensing documents. Contract management is a component of MMM’spatent-pending Legal Project Management System.
Ahead of the Bell: Services sector reading
CNNMoney.com
services sector is expected to fall following a drop in its sister manufacturing index to the lowest level in 26 years. Wall Street economists surveyed by Thomson Reuters predict the Institute for Supply Management a trade group of purchasing executives will report Wednesday that its services index fell to 42 in November from 44. If the services reading falls as predicted it will be the lowest reading since the composite index was introduced in January. (An earlier version of the services report was introduced in 1998. )Any reading above 50 signals growth while a reading below 50 indicates contraction.
Emptoris Contract Management Receives “Positive” Rating in New …
MarketWatch
3 2008 BURLINGTON MA Dec 03 2008 (MARKET WIRE via COMTEX) –Emptoris a leading provider of enterprise supply and contractmanagement software today announced that the Emptoris ContractManagement solution received a “positive” rating in the independentresearch report “MarketScope for Enterprise Contract Management”(1)published by Gartner Inc. Earlier this year Emptoris was positioned in the “Leaders Quadrant”in the Gartner research report titled “Magic Quadrant For SourcingApplication Suites 2008″(2) and the company also received overall”positive” rating in the Gartner research report “Vendor Rating:Emptoris”(3). “We are proud that Emptoris is positioned in the leaders quadrant andits solutions rated positively by leading independent research firmssuch as Gartner. Our customers’ successes are the foundation of oursuccess and as they will attest Emptoris Contract Management is themarket’s most robust solution which provides a strong and provenplatform to realize quick value as well as advanced capabilities toexpand and add value over time” said Kevin Potts Vice President ofMarketing and Product Management at Emptoris Inc. The Gartner “MarketScope for Enterprise Contract Management” is a23-page report reviewing a dozen contract management providers acrosssix criteria including: customer experience innovation strategyviability including financial viability and an evaluation of theproduct and services.