The News Review:
- PRACTICE MANAGEMENT: What Brokers Should Know Before They Go
- Calamos Asset Management cuts 47 workers cites market deterioration
- MedaSorb Technologies Corporation Announces Management Changes
- Lehman Private-Equity Arm Gains New Investment
PRACTICE MANAGEMENT: What Brokers Should Know Before They Go
CNNMoney.com
‘s (BK) PershingAdvisor Solutions which works with investment advisers. “They’re there toprevent some unwanted attention from the parent. (Kristen McNamara writes Practice Management a column that looks at waysfinancial advisers can build and improve their business. She can be reached at201-938-5392 or by email at.
Calamos Asset Management cuts 47 workers cites market deterioration
Chicago Tribune United States
has laid off 47 workers about 12 percent of its workforce. The Naperville -based investment advisory firm now has about 330 workers.
MedaSorb Technologies Corporation Announces Management Changes
CNNMoney.com
Forward-Looking StatementsThis press release includes forward-looking statements intended to qualifyfor the safe harbor from liability established by the Private SecuritiesLitigation Reform Act of 1995. Forward-looking statements in this pressrelease are not promises or guarantees and are subject to risks anduncertainties that could cause our actual results to differ materially fromthose anticipated. These statements are based on management’s currentexpectations and assumptions and are naturally subject to uncertainty andchanges in circumstances. We caution you not to place undue reliance uponany such forward-looking statements. Actual results may differ materiallyfrom those expressed or implied by the statements herein. MedaSorbTechnologies Corporation believes that its primary risk factors includebut are not limited to: obtaining government approvals including requiredFDA approvals; ability to successfully develop commercial operations;dependence on key personnel; acceptance of the Company’s medical devices inthe marketplace; the outcome of pending and potential litigation;compliance with governmental regulations; reliance on research and testingfacilities of various universities and institutions; the ability to obtainadequate financing in the future when needed; product liability risks;limited manufacturing experience; limited marketing sales and distributionexperience; market acceptance of the Company’s products; competition;unexpected changes in technologies and technological advances; and otherfactors detailed in the Company’s Form 10-KSB filed with the SEC on April15 2008 which is available at.
Lehman Private-Equity Arm Gains New Investment
Wall Street Journal
As part of the move Lehman estate will retain a substantial interest in the private-equity shop called Lehman Brothers Merchant Banking. The business has $4. 5 billion under management and holds stakes in more than a dozen portfolio companies including a Spanish railcar manufacturer to a U. bicycle-components maker. The deal also involves South African billionaire Mr. Rupert whose Luxembourg-listed investment vehicle Reinet Investments SCA will assume $250 million in unfunded commitments to the fund.
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